PT Bakrie & Brothers TbkPKBAF 42 ROC (Joel Greenblatt) % is 32.91% as of Mar. 2026, which is 148% above its 10-year median of 13.27. GuruFocus rates PKBAF with a GF Score™ of 42/100. The stock has 9 warning signs investors should review. Among 562 Conglomerates companies, PT Bakrie & Brothers Tbk ranks better than 72.95% 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 Bakrie & Brothers Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.91%.
The historical rank and industry rank for PT Bakrie & Brothers Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
PKBAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -115.63 Med: 13.27 Max: 42.61
Current: 32.8
During the past 13 years, PT Bakrie & Brothers Tbk's highest ROC (Joel Greenblatt) % was 42.61%. The lowest was -115.63%. And the median was 13.27%.
PKBAF's ROC (Joel Greenblatt) % is ranked better than 72.95% of 562
companies
in the Conglomerates industry
Industry Median: 14.73
vs PKBAF: 32.80
PT Bakrie & Brothers Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
The historical data trend for PT Bakrie & Brothers Tbk's ROC (Joel Greenblatt) % can be seen below:
* 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.
PKBAF vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, PT Bakrie & Brothers 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 Bakrie & Brothers Tbk ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, PT Bakrie & Brothers Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Bakrie & Brothers Tbk's ROC (Joel Greenblatt) % falls into.
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 32.91% mean?
PT Bakrie & Brothers Tbk (PKBAF) has a ROC (Joel Greenblatt) % of 32.91% 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 Bakrie & Brothers Tbk and its competitors. This is 148% above median its historical median of 13.27. According to the industry distribution chart, PT Bakrie & Brothers Tbk ranks #152 out of 562 companies in the Conglomerates industry, placing it in the top 27%.
Is PT Bakrie & Brothers Tbk's ROC (Joel Greenblatt) % too high?
PT Bakrie & Brothers Tbk's current ROC (Joel Greenblatt) % of 32.91% is 148% above median its 10-year median of 13.27. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.73. PT Bakrie & Brothers Tbk's value of 32.91% is 123.4% above this industry median. Based on the distribution chart, PT Bakrie & Brothers Tbk ranks #152 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, PT Bakrie & Brothers Tbk has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does PT Bakrie & Brothers Tbk's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, PT Bakrie & Brothers Tbk ranks #152 out of 562 companies for ROC (Joel Greenblatt) %. This puts PT Bakrie & Brothers Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.73. PT Bakrie & Brothers Tbk's value of 32.91% is 123.4% above this benchmark. While the company's 10-year median is 13.27 vs. the industry median of 14.73, PT Bakrie & Brothers 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.73, based on 562 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 Bakrie & Brothers Tbk's current ROC (Joel Greenblatt) % of 32.91% is 123.4% 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 Bakrie & Brothers Tbk and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bakrie & Brothers Tbk's current ROC (Joel Greenblatt) % is 32.91%, which is 148% above median its own 10-year median of 13.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bakrie & Brothers Tbk stock overvalued right now?
PT Bakrie & Brothers Tbk (PKBAF) has a current ROC (Joel Greenblatt) % of 32.91%. The current ROC (Joel Greenblatt) % is 32.91%, which is 148% above median its 10-year median of 13.27 and 123.4% above the Conglomerates industry median of 14.73. PT Bakrie & Brothers Tbk's overall GF Score™ is 42/100 with 9 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 Bakrie & Brothers Tbk (PKBAF), the current ROC (Joel Greenblatt) % is 32.91% 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.
PT Bakrie & Brothers Tbk is an investment holding company. Its activities comprise general trading, construction, agriculture, mining, steel pipe manufacturing, building materials and other construction products, telecommunication systems, electronic and electrical goods, and investment including equity investment in other companies. The company's operating segment includes Infrastructure and Manufacturing, Fabrication and Construction services, Trading, Services and Investment. The company generates majority of its revenue from the Manufacturing segment.
42GF Score
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