PTFRF (PT Tower Bersama Infrastructure Tbk) ROC (Joel Greenblatt) %: 9.81% (As of Mar. 2026) — 19% Below Median


PTFRF PT Tower Bersama Infrastructure Tbk PTFRF
61 GF Score
Price $0.10
GF Value $0.77
! 4 Warning Signs
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What is PT Tower Bersama Infrastructure Tbk ROC (Joel Greenblatt) %?

PT Tower Bersama Infrastructure Tbk PTFRF 61 ROC (Joel Greenblatt) % is 9.81% as of Mar. 2026, which is 19% below its 10-year median of 12.12. GuruFocus rates PTFRF with a GF Score™ of 61/100 and a GF Value™ of $0.77. The stock has 4 warning signs investors should review. Among 365 Telecommunication Services companies, PT Tower Bersama Infrastructure Tbk ranks worse than 61.37% 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 Tower Bersama Infrastructure Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.81%.

The historical rank and industry rank for PT Tower Bersama Infrastructure Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

PTFRF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.69   Med: 12.12   Max: 22.99
Current: 8.79

During the past 13 years, PT Tower Bersama Infrastructure Tbk's highest ROC (Joel Greenblatt) % was 22.99%. The lowest was 8.69%. And the median was 12.12%.

PTFRF's ROC (Joel Greenblatt) % is ranked worse than
61.37% of 365 companies
in the Telecommunication Services industry
Industry Median: 14.96 vs PTFRF: 8.79

PT Tower Bersama Infrastructure Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.20% per year.


PT Tower Bersama Infrastructure Tbk  (OTCPK:PTFRF) 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 Tower Bersama Infrastructure Tbk ROC (Joel Greenblatt) % Related Terms


PT Tower Bersama Infrastructure Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk ROC (Joel Greenblatt) % Chart

PT Tower Bersama Infrastructure 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 11.66 9.38 9.19 8.55 8.84

PT Tower Bersama Infrastructure 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 11.17 7.63 7.86 9.74 9.81

PTFRF vs TMUS, VZ, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Tower Bersama Infrastructure Tbk's ROC (Joel Greenblatt) % falls into.


PTFRF
61GF Score
PT Tower Bersama Infrastructure Tbk PTFRF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Tower Bersama Infrastructure 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)
=(20.192 + 0 + 84.935) - (25.996 + 0 + 138.254)
=-59.123

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.329 + 0 + 44.807) - (25.045 + 0 + 188.84)
=-143.749

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Tower Bersama Infrastructure 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 )
=240.132/( ( (2448.257 + max(-59.123, 0)) + (2445.696 + max(-143.749, 0)) )/ 2 )
=240.132/( ( 2448.257 + 2445.696 )/ 2 )
=240.132/2446.9765
=9.81 %

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 9.81% mean?
PT Tower Bersama Infrastructure Tbk (PTFRF) has a ROC (Joel Greenblatt) % of 9.81% 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 Tower Bersama Infrastructure Tbk and its competitors. This is 19% below median its historical median of 12.12. Over the past decade, PT Tower Bersama Infrastructure Tbk's ROC (Joel Greenblatt) % has ranged from 8.69 to 22.99. According to the industry distribution chart, PT Tower Bersama Infrastructure Tbk ranks #224 out of 365 companies in the Telecommunication Services industry, placing it in the top 61.4%.
Is PT Tower Bersama Infrastructure Tbk's ROC (Joel Greenblatt) % too high?
PT Tower Bersama Infrastructure Tbk's current ROC (Joel Greenblatt) % of 9.81% is 19% below median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 8.69 to a high of 22.99. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.96. PT Tower Bersama Infrastructure Tbk's value of 9.81% is 34.4% below this industry median. Based on the distribution chart, PT Tower Bersama Infrastructure Tbk ranks #224 out of 365 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, PT Tower Bersama Infrastructure Tbk has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does PT Tower Bersama Infrastructure Tbk's ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PT Tower Bersama Infrastructure Tbk ranks #224 out of 365 companies for ROC (Joel Greenblatt) %. This places PT Tower Bersama Infrastructure Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.96. PT Tower Bersama Infrastructure Tbk's value of 9.81% is 34.4% below this benchmark. Historically, PT Tower Bersama Infrastructure Tbk's own ROC (Joel Greenblatt) % has ranged from 8.69 to 22.99 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 14.96, PT Tower Bersama Infrastructure Tbk has consistently been below 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.96, based on 365 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 Tower Bersama Infrastructure Tbk's current ROC (Joel Greenblatt) % of 9.81% is 34.4% below 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 Tower Bersama Infrastructure Tbk and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tower Bersama Infrastructure Tbk's current ROC (Joel Greenblatt) % is 9.81%, which is 19% below median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tower Bersama Infrastructure Tbk stock overvalued right now?
PT Tower Bersama Infrastructure Tbk (PTFRF) has a current ROC (Joel Greenblatt) % of 9.81%. The stock's GF Value™ is $0.77, compared to a current price of $0.10 — trading 87% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.81%, which is 19% below median its 10-year median of 12.12 and 34.4% below the Telecommunication Services industry median of 14.96. PT Tower Bersama Infrastructure Tbk's overall GF Score™ is 61/100 with 4 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 Tower Bersama Infrastructure Tbk (PTFRF), the current ROC (Joel Greenblatt) % is 9.81% 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 Tower Bersama Infrastructure Tbk (PTFRF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Tower Bersama Infrastructure Tbk stock appears to be undervalued. The current stock price of $0.10 is trading 87% below its estimated GF Value™ of $0.77.

Key valuation signals for PTFRF:

  • ROC (Joel Greenblatt) %: 9.81% (19% below median its 10-year median of 12.12)
  • GF Value™: $0.77 vs. price of $0.10 (87% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 34.4% below the Telecommunication Services median (#224 of 365)

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


PT Tower Bersama Infrastructure Tbk Business Description

Other Exchanges TBIG:Indonesia6TB:Germany
Address Jalan H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. The Company also provides telecommunications operators with access to its Distributed Antenna System networks in shopping malls and office buildings. A majority of the firm's revenue is generated from Indonesia. The company's operating segments include Tower, Repeater, Building, and Fiber Optic. The company generates the majority of its revenue from the Tower segment.
61GF Score

Get the complete analysis for PTFRF

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

$0.10
Price
$0.77
GF Value