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PT Medco Energi Internasional TbkSTU:MEF +6.25%89 ROC (Joel Greenblatt) % is 25.87% as of Mar. 2026, which is 5% below its 10-year median of 27.33. GuruFocus rates STU:MEF with a GF Score™ of 89/100 and a GF Value™ of €0.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 997 Oil & Gas companies, PT Medco Energi Internasional Tbk ranks better than 79.54% 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 Medco Energi Internasional Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.87%.
The historical rank and industry rank for PT Medco Energi Internasional Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
STU:MEF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.63 Med: 27.33 Max: 48.3
Current: 22.93
During the past 13 years, PT Medco Energi Internasional Tbk's highest ROC (Joel Greenblatt) % was 48.30%. The lowest was 6.63%. And the median was 27.33%.
STU:MEF's ROC (Joel Greenblatt) % is ranked better than 79.54% of 997
companies
in the Oil & Gas industry
Industry Median: 8.55
vs STU:MEF: 22.93
PT Medco Energi Internasional Tbk (STU:MEF) 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.
* 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 Medco Energi Internasional Tbk ROC (Joel Greenblatt) % Chart
STU:MEF vs COP, EOG, FANG: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas E&P subindustry, PT Medco Energi Internasional 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 Medco Energi Internasional Tbk ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PT Medco Energi Internasional Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Medco Energi Internasional Tbk's ROC (Joel Greenblatt) % falls into.
PT Medco Energi Internasional 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 25.87% mean?
PT Medco Energi Internasional Tbk (STU:MEF) has a ROC (Joel Greenblatt) % of 25.87% 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 Medco Energi Internasional Tbk and its competitors. This is near median its historical median of 27.33. Over the past decade, PT Medco Energi Internasional Tbk's ROC (Joel Greenblatt) % has ranged from 6.63 to 48.30. According to the industry distribution chart, PT Medco Energi Internasional Tbk ranks #204 out of 997 companies in the Oil & Gas industry, placing it in the top 20.5%.
Is PT Medco Energi Internasional Tbk's ROC (Joel Greenblatt) % too high?
PT Medco Energi Internasional Tbk's current ROC (Joel Greenblatt) % of 25.87% is near median its 10-year median of 27.33. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 48.30. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.55. PT Medco Energi Internasional Tbk's value of 25.87% is 202.6% above this industry median. Based on the distribution chart, PT Medco Energi Internasional Tbk ranks #204 out of 997 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PT Medco Energi Internasional Tbk has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Medco Energi Internasional Tbk's ROC (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PT Medco Energi Internasional Tbk ranks #204 out of 997 companies for ROC (Joel Greenblatt) %. This places PT Medco Energi Internasional Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.55. PT Medco Energi Internasional Tbk's value of 25.87% is 202.6% above this benchmark. Historically, PT Medco Energi Internasional Tbk's own ROC (Joel Greenblatt) % has ranged from 6.63 to 48.30 over the past decade. While the company's 10-year median is 27.33 vs. the industry median of 8.55, PT Medco Energi Internasional 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.55, based on 997 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 Medco Energi Internasional Tbk's current ROC (Joel Greenblatt) % of 25.87% is 202.6% 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 Medco Energi Internasional Tbk and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Medco Energi Internasional Tbk's current ROC (Joel Greenblatt) % is 25.87%, which is near median its own 10-year median of 27.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Medco Energi Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Medco Energi Internasional Tbk (STU:MEF) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.06, compared to a current price of €0.05 — trading 15% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25.87%, which is near median its 10-year median of 27.33 and 202.6% above the Oil & Gas industry median of 8.55. PT Medco Energi Internasional Tbk's overall GF Score™ is 89/100 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 Medco Energi Internasional Tbk (STU:MEF), the current ROC (Joel Greenblatt) % is 25.87% 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 Medco Energi Internasional Tbk (STU:MEF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Medco Energi Internasional Tbk stock appears to be undervalued.
The current stock price of €0.05 is trading 15% below its estimated GF Value™ of €0.06.
GuruFocus considers PT Medco Energi Internasional Tbk to be Modestly Undervalued.
Key valuation signals for STU:MEF:
ROC (Joel Greenblatt) %: 25.87% (near median its 10-year median of 27.33)
GF Value™: €0.06 vs. price of €0.05 (15% below fair value)
Industry Position: 202.6% above the Oil & Gas median (#204 of 997)
No single metric tells the full story. See the STU:MEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Medco Energi Internasional Tbk Business Description
PT Medco Energi Internasional Tbk main activities includes mining and quarrying, industry, trade, construction services, transportation, contract services, distribution, industry and technical services, including electricity power supply and other supporting electricity services. The company's operating segments include Exploration and production of oil and gas; Services; Power; Chemicals; Trading; Holding and related operations. The majority of revenue comes from Exploration and production of oil and gas. Geographically, the company has presence in Indonesia, Overseas, Asia, Africa and Middle East, and United States of America and Europe.
89GF Score
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