PPKTF (PT Pabrik Kertas Tjiwi Kimia Tbk) ROC (Joel Greenblatt) %: 40.08% (As of Mar. 2026) — 70% Above Median

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PPKTF PT Pabrik Kertas Tjiwi Kimia Tbk PPKTF
78 GF Score
Price $0.40
GF Value $0.56
! 5 Warning Signs
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What is PT Pabrik Kertas Tjiwi Kimia Tbk ROC (Joel Greenblatt) %?

PT Pabrik Kertas Tjiwi Kimia Tbk PPKTF 78 ROC (Joel Greenblatt) % is 40.08% as of Mar. 2026, which is 70% above its 10-year median of 23.55. GuruFocus rates PPKTF with a GF Score™ of 78/100 and a GF Value™ of $0.56. The stock has 5 warning signs investors should review. Among 286 Forest Products companies, PT Pabrik Kertas Tjiwi Kimia Tbk ranks better than 94.76% 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 Pabrik Kertas Tjiwi Kimia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 40.08%.

The historical rank and industry rank for PT Pabrik Kertas Tjiwi Kimia Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

PPKTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.44   Med: 23.55   Max: 55.69
Current: 34.79

During the past 13 years, PT Pabrik Kertas Tjiwi Kimia Tbk's highest ROC (Joel Greenblatt) % was 55.69%. The lowest was 2.44%. And the median was 23.55%.

PPKTF's ROC (Joel Greenblatt) % is ranked better than
94.76% of 286 companies
in the Forest Products industry
Industry Median: 4.725 vs PPKTF: 34.79

PT Pabrik Kertas Tjiwi Kimia Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.60% per year.


PT Pabrik Kertas Tjiwi Kimia Tbk  (OTCPK:PPKTF) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


PT Pabrik Kertas Tjiwi Kimia Tbk ROC (Joel Greenblatt) % Related Terms


PT Pabrik Kertas Tjiwi Kimia Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Pabrik Kertas Tjiwi Kimia 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.

PT Pabrik Kertas Tjiwi Kimia Tbk ROC (Joel Greenblatt) % Chart

PT Pabrik Kertas Tjiwi Kimia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.49 53.34 25.04 38.73 36.12

PT Pabrik Kertas Tjiwi Kimia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.63 5.89 60.69 34.59 40.08

PPKTF vs SLVM: ROC (Joel Greenblatt) % Comparison

For the Paper & Paper Products subindustry, PT Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia Tbk ROC (Joel Greenblatt) % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Pabrik Kertas Tjiwi Kimia Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Pabrik Kertas Tjiwi Kimia Tbk's ROC (Joel Greenblatt) % falls into.


PPKTF
78GF Score
PT Pabrik Kertas Tjiwi Kimia Tbk PPKTF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pabrik Kertas Tjiwi Kimia 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.112 + 258.112 + 32.591) - (167.11 + 0 + 30.727)
=114.978

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.901 + 261.507 + 22.49) - (138.45 + 0 + 33.498)
=173.95

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Pabrik Kertas Tjiwi Kimia Tbk for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=374.372/( ( (782.913 + max(114.978, 0)) + (796.322 + max(173.95, 0)) )/ 2 )
=374.372/( ( 897.891 + 970.272 )/ 2 )
=374.372/934.0815
=40.08 %

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 40.08% mean?
PT Pabrik Kertas Tjiwi Kimia Tbk (PPKTF) has a ROC (Joel Greenblatt) % of 40.08% 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 Pabrik Kertas Tjiwi Kimia Tbk and its competitors. This is 70% above median its historical median of 23.55. Over the past decade, PT Pabrik Kertas Tjiwi Kimia Tbk's ROC (Joel Greenblatt) % has ranged from 2.44 to 55.69. According to the industry distribution chart, PT Pabrik Kertas Tjiwi Kimia Tbk ranks #15 out of 286 companies in the Forest Products industry, placing it in the top 5.2%.
Is PT Pabrik Kertas Tjiwi Kimia Tbk's ROC (Joel Greenblatt) % too high?
PT Pabrik Kertas Tjiwi Kimia Tbk's current ROC (Joel Greenblatt) % of 40.08% is 70% above median its 10-year median of 23.55. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 55.69. The Forest Products industry median ROC (Joel Greenblatt) % is 4.73. PT Pabrik Kertas Tjiwi Kimia Tbk's value of 40.08% is 748.3% above this industry median. Based on the distribution chart, PT Pabrik Kertas Tjiwi Kimia Tbk ranks #15 out of 286 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Pabrik Kertas Tjiwi Kimia Tbk has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does PT Pabrik Kertas Tjiwi Kimia Tbk's ROC (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, PT Pabrik Kertas Tjiwi Kimia Tbk ranks #15 out of 286 companies for ROC (Joel Greenblatt) %. This places PT Pabrik Kertas Tjiwi Kimia Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.73. PT Pabrik Kertas Tjiwi Kimia Tbk's value of 40.08% is 748.3% above this benchmark. Historically, PT Pabrik Kertas Tjiwi Kimia Tbk's own ROC (Joel Greenblatt) % has ranged from 2.44 to 55.69 over the past decade. While the company's 10-year median is 23.55 vs. the industry median of 4.73, PT Pabrik Kertas Tjiwi Kimia 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.73, based on 286 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 Pabrik Kertas Tjiwi Kimia Tbk's current ROC (Joel Greenblatt) % of 40.08% is 748.3% 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 Pabrik Kertas Tjiwi Kimia Tbk and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pabrik Kertas Tjiwi Kimia Tbk's current ROC (Joel Greenblatt) % is 40.08%, which is 70% above median its own 10-year median of 23.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pabrik Kertas Tjiwi Kimia Tbk stock overvalued right now?
PT Pabrik Kertas Tjiwi Kimia Tbk (PPKTF) has a current ROC (Joel Greenblatt) % of 40.08%. The stock's GF Value™ is $0.56, compared to a current price of $0.40 — trading 28.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 40.08%, which is 70% above median its 10-year median of 23.55 and 748.3% above the Forest Products industry median of 4.73. PT Pabrik Kertas Tjiwi Kimia Tbk's overall GF Score™ is 78/100 with 5 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 Pabrik Kertas Tjiwi Kimia Tbk (PPKTF), the current ROC (Joel Greenblatt) % is 40.08% 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 Pabrik Kertas Tjiwi Kimia Tbk (PPKTF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pabrik Kertas Tjiwi Kimia Tbk stock appears to be undervalued. The current stock price of $0.40 is trading 28.3% below its estimated GF Value™ of $0.56.

Key valuation signals for PPKTF:

  • ROC (Joel Greenblatt) %: 40.08% (70% above median its 10-year median of 23.55)
  • GF Value™: $0.56 vs. price of $0.40 (28.3% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 748.3% above the Forest Products median (#15 of 286)

No single metric tells the full story. See the PPKTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Pabrik Kertas Tjiwi Kimia Tbk Business Description

Other Exchanges TKIM:Indonesia
Address Jalan M.H. Thamrin No. 51, Gedung Sinar Mas Land Plaza, Tower II, 9th Floor, Jakarta, IDN, 10350
PT Pabrik Kertas Tjiwi Kimia Tbk is engaged in paper and stationery manufacturing, with its main products such as printed paper, coated paper, and carbonless. The company also produces a wide range of converted stationery and office products such as woodfree, art board, baking paper, brown kraft, kraft paper, and others. It operates in two business segments: Cultural paper products, and Industrial paper products and others. The Cultural paper products segment consists of printing and writing paper and related paper products; the Industrial paper segment consists of fluting medium paper and carton boxes; The other product segment includes the sale of the chemical by-product. The majority of the revenue is being made from Cultural paper products segment.
78GF Score

Get the complete analysis for PPKTF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.40
Price
$0.56
GF Value