Arrow Syndicate PCLBKK:ARROW-R 71 ROC (Joel Greenblatt) % is 17.30% as of Mar. 2026, which is 12% above its 10-year median of 15.39. GuruFocus rates BKK:ARROW-R with a GF Score™ of 71/100 and a GF Value™ of ฿4.93. The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Arrow Syndicate PCL ranks worse than 55.53% 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. Arrow Syndicate PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.30%.
The historical rank and industry rank for Arrow Syndicate PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:ARROW-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.97 Med: 15.39 Max: 39.15
Current: 15.03
During the past 13 years, Arrow Syndicate PCL's highest ROC (Joel Greenblatt) % was 39.15%. The lowest was 8.97%. And the median was 15.39%.
BKK:ARROW-R's ROC (Joel Greenblatt) % is ranked worse than 55.53% of 1781
companies
in the Construction industry
Industry Median: 19.37
vs BKK:ARROW-R: 15.03
Arrow Syndicate PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.30% 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.
Arrow Syndicate PCL ROC (Joel Greenblatt) % Related Terms
Arrow Syndicate PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Arrow Syndicate 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.
BKK:ARROW-R vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Arrow Syndicate 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.
Arrow Syndicate PCL ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Arrow Syndicate PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Arrow Syndicate PCL'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 17.30% mean?
Arrow Syndicate PCL (BKK:ARROW-R) has a ROC (Joel Greenblatt) % of 17.30% 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 Arrow Syndicate PCL and its competitors. This is 12% above median its historical median of 15.39. Over the past decade, Arrow Syndicate PCL's ROC (Joel Greenblatt) % has ranged from 8.97 to 39.15. According to the industry distribution chart, Arrow Syndicate PCL ranks #989 out of 1781 companies in the Construction industry, placing it in the top 55.5%.
Is Arrow Syndicate PCL's ROC (Joel Greenblatt) % too high?
Arrow Syndicate PCL's current ROC (Joel Greenblatt) % of 17.30% is 12% above median its 10-year median of 15.39. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 39.15. The Construction industry median ROC (Joel Greenblatt) % is 19.37. Arrow Syndicate PCL's value of 17.30% is 10.7% below this industry median. Based on the distribution chart, Arrow Syndicate PCL ranks #989 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Arrow Syndicate PCL has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Arrow Syndicate PCL's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Arrow Syndicate PCL ranks #989 out of 1781 companies for ROC (Joel Greenblatt) %. This places Arrow Syndicate PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.37. Arrow Syndicate PCL's value of 17.30% is 10.7% below this benchmark. Historically, Arrow Syndicate PCL's own ROC (Joel Greenblatt) % has ranged from 8.97 to 39.15 over the past decade. While the company's 10-year median is 15.39 vs. the industry median of 19.37, Arrow Syndicate PCL 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.37, based on 1,781 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. Arrow Syndicate PCL's current ROC (Joel Greenblatt) % of 17.30% is 10.7% 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 Arrow Syndicate PCL and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arrow Syndicate PCL's current ROC (Joel Greenblatt) % is 17.30%, which is 12% above median its own 10-year median of 15.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arrow Syndicate PCL stock overvalued right now?
Arrow Syndicate PCL (BKK:ARROW-R) has a current ROC (Joel Greenblatt) % of 17.30%. The stock's GF Value™ is ฿4.93, compared to a current price of ฿5.15 — trading 4.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.30%, which is 12% above median its 10-year median of 15.39 and 10.7% below the Construction industry median of 19.37. Arrow Syndicate PCL's overall GF Score™ is 71/100 with 3 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 Arrow Syndicate PCL (BKK:ARROW-R), the current ROC (Joel Greenblatt) % is 17.30% 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 Arrow Syndicate PCL (BKK:ARROW-R) Overvalued in 2026?
Based on GuruFocus' analysis, Arrow Syndicate PCL stock appears to be overvalued.
The current stock price of ฿5.15 is trading 4.5% above its estimated GF Value™ of ฿4.93.
Key valuation signals for BKK:ARROW-R:
ROC (Joel Greenblatt) %: 17.30% (12% above median its 10-year median of 15.39)
GF Value™: ฿4.93 vs. price of ฿5.15 (4.5% above fair value)
Industry Position: 10.7% below the Construction median (#989 of 1781)
No single metric tells the full story. See the BKK:ARROW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arrow Syndicate PCL is involved in the manufacturing and selling of various conduits. It is used in construction and building electrical conduits and PPR piping for water treatment systems. The company's product portfolio includes electrical conduits, Liquid tight conduit, Water pipe, Air duct, Corrugated duct, and Reinforced thermosetting resin conduct. Geographically, the company operates Overseas and Domestic market, which derives maximum revenue.
71GF Score
Get the complete analysis for BKK:ARROW-R
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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