PT Indofood Sukses Makmur TbkPIFMF 59 ROC (Joel Greenblatt) % is 42.77% as of Mar. 2026, which is 27% above its 10-year median of 33.81. GuruFocus rates PIFMF with a GF Score™ of 59/100 and a GF Value™ of $0.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,969 Consumer Packaged Goods companies, PT Indofood Sukses Makmur Tbk ranks better than 87.4% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. PT Indofood Sukses Makmur Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 42.77%.
The historical rank and industry rank for PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
PIFMF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.39 Med: 33.81 Max: 43.83
Current: 42.79
During the past 13 years, PT Indofood Sukses Makmur Tbk's highest ROC (Joel Greenblatt) % was 43.83%. The lowest was 19.39%. And the median was 33.81%.
PIFMF's ROC (Joel Greenblatt) % is ranked better than 87.4% of 1969
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs PIFMF: 42.79
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PT Indofood Sukses Makmur Tbk ROC (Joel Greenblatt) % Chart
PIFMF vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PT Indofood Sukses Makmur Tbk ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) % falls into.
PT Indofood Sukses Makmur Tbk ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 42.77% mean?
PT Indofood Sukses Makmur Tbk (PIFMF) has a ROC (Joel Greenblatt) % of 42.77% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Indofood Sukses Makmur Tbk and its competitors. This is 27% above median its historical median of 33.81. Over the past decade, PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) % has ranged from 19.39 to 43.83. According to the industry distribution chart, PT Indofood Sukses Makmur Tbk ranks #248 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 12.6%.
Is PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) % too high?
PT Indofood Sukses Makmur Tbk's current ROC (Joel Greenblatt) % of 42.77% is 27% above median its 10-year median of 33.81. Over the past 10 years, this metric has ranged from a low of 19.39 to a high of 43.83. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. PT Indofood Sukses Makmur Tbk's value of 42.77% is 256.7% above this industry median. Based on the distribution chart, PT Indofood Sukses Makmur Tbk ranks #248 out of 1969 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indofood Sukses Makmur Tbk has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood Sukses Makmur Tbk's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Indofood Sukses Makmur Tbk ranks #248 out of 1969 companies for ROC (Joel Greenblatt) %. This places PT Indofood Sukses Makmur Tbk in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. PT Indofood Sukses Makmur Tbk's value of 42.77% is 256.7% above this benchmark. Historically, PT Indofood Sukses Makmur Tbk's own ROC (Joel Greenblatt) % has ranged from 19.39 to 43.83 over the past decade. While the company's 10-year median is 33.81 vs. the industry median of 11.99, PT Indofood Sukses Makmur Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,969 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indofood Sukses Makmur Tbk's current ROC (Joel Greenblatt) % of 42.77% is 256.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Indofood Sukses Makmur Tbk and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indofood Sukses Makmur Tbk's current ROC (Joel Greenblatt) % is 42.77%, which is 27% above median its own 10-year median of 33.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk (PIFMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.47, compared to a current price of $0.42 — trading 11.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 42.77%, which is 27% above median its 10-year median of 33.81 and 256.7% above the Consumer Packaged Goods industry median of 11.99. PT Indofood Sukses Makmur Tbk's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For PT Indofood Sukses Makmur Tbk (PIFMF), the current ROC (Joel Greenblatt) % is 42.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PT Indofood Sukses Makmur Tbk (PIFMF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk stock appears to be undervalued.
The current stock price of $0.42 is trading 11.5% below its estimated GF Value™ of $0.47.
GuruFocus considers PT Indofood Sukses Makmur Tbk to be Modestly Undervalued.
Key valuation signals for PIFMF:
ROC (Joel Greenblatt) %: 42.77% (27% above median its 10-year median of 33.81)
GF Value™: $0.47 vs. price of $0.42 (11.5% below fair value)
Industry Position: 256.7% above the Consumer Packaged Goods median (#248 of 1969)
No single metric tells the full story. See the PIFMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indofood Sukses Makmur Tbk Business Description
PT Indofood Sukses Makmur Tbk is a packaged food company with a diversified portfolio in both raw materials and processed food. It divides operations into the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group, which generates maximum revenue, produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. The Bogasari unit mainly produces wheat flour as well as pasta; and the Agribusiness unit is involved in seed breeding, oil palm cultivation and milling, and the production and marketing of branded cooking oils, margarine, and shortening. Geographically, the Group generates key revenue from Indonesia.
59GF Score
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