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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. ASIA Capital Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 3,264.79%.
The historical rank and industry rank for ASIA Capital Group PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:ACAP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2076.3 Med: 91.93 Max: 3945.15
Current: 312.66
During the past 13 years, ASIA Capital Group PCL's highest ROC (Joel Greenblatt) % was 3945.15%. The lowest was -2076.30%. And the median was 91.93%.
BKK:ACAP's ROC (Joel Greenblatt) % is not ranked
in the Credit Services industry.
Industry Median: 38.59
vs BKK:ACAP: 312.66
ASIA Capital Group PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
ASIA Capital Group PCL (BKK:ACAP) 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.
ASIA Capital Group PCL ROC (Joel Greenblatt) % Related Terms
ASIA Capital Group PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ASIA Capital Group PCL'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.
ASIA Capital Group PCL ROC (Joel Greenblatt) % Chart
BKK:ACAP vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, ASIA Capital Group PCL'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.
ASIA Capital Group PCL ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ASIA Capital Group PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ASIA Capital Group PCL's ROC (Joel Greenblatt) % falls into.
ASIA Capital Group PCL 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 (Sep. 2025) 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 3,264.79% mean?
ASIA Capital Group PCL (BKK:ACAP) has a ROC (Joel Greenblatt) % of 3,264.79% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on ASIA Capital Group PCL and its competitors. This is 3451% above median its historical median of 91.93.
Is ASIA Capital Group PCL's ROC (Joel Greenblatt) % too high?
ASIA Capital Group PCL's current ROC (Joel Greenblatt) % of 3,264.79% is 3451% above median its 10-year median of 91.93. The Credit Services industry median ROC (Joel Greenblatt) % is 38.59. ASIA Capital Group PCL's value of 3,264.79% is 8360.2% above this industry median. Overall, ASIA Capital Group PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ASIA Capital Group PCL's ROC (Joel Greenblatt) % compare to V and MA?
ASIA Capital Group PCL's ROC (Joel Greenblatt) % of 3,264.79% can be compared against companies in the Credit Services industry. The industry median ROC (Joel Greenblatt) % is 38.59. ASIA Capital Group PCL's value of 3,264.79% is 8360.2% above this benchmark. While the company's 10-year median is 91.93 vs. the industry median of 38.59, ASIA Capital Group PCL 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.59, based on 414 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. ASIA Capital Group PCL's current ROC (Joel Greenblatt) % of 3,264.79% is 8360.2% 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 ASIA Capital Group PCL and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASIA Capital Group PCL's current ROC (Joel Greenblatt) % is 3,264.79%, which is 3451% above median its own 10-year median of 91.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASIA Capital Group PCL stock overvalued right now?
ASIA Capital Group PCL (BKK:ACAP) has a current ROC (Joel Greenblatt) % of 3,264.79%. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.33 — trading 51.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3,264.79%, which is 3451% above median its 10-year median of 91.93 and 8360.2% above the Credit Services industry median of 38.59. ASIA Capital Group PCL's overall GF Score™ is 12/100 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 ASIA Capital Group PCL (BKK:ACAP), the current ROC (Joel Greenblatt) % is 3,264.79% as of Sep. 2025. 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 ASIA Capital Group PCL (BKK:ACAP) Overvalued in 2026?
Based on GuruFocus' analysis, ASIA Capital Group PCL stock appears to be undervalued.
The current stock price of ฿0.33 is trading 51.5% below its estimated GF Value™ of ฿0.68.
Key valuation signals for BKK:ACAP:
ROC (Joel Greenblatt) %: 3,264.79% (3451% above median its 10-year median of 91.93)
GF Value™: ฿0.68 vs. price of ฿0.33 (51.5% below fair value)
Industry Position: 8360.2% above the Credit Services median
No single metric tells the full story. See the BKK:ACAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASIA Capital Group PCL is a company engaged in the provision of financial advisory services. The company operates through two segments namely Lending and Factoring, Develop property for sale and Property rental services. Its Lending services offer personal and business loans. In addition, it provides debt restructuring, preparation, and management of rehabilitation plans, fundraising, financial restructuring, seeking strategic alliances, purchase and sales, and merger and acquisition. Further, it is also involved in the factoring business.
12GF Score
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