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Asia Sermkij Leasing PCLBKK:ASK -0.81%52 ROC (Joel Greenblatt) % is 40.32% as of Mar. 2026, which is 94% below its 10-year median of 645.57. GuruFocus rates BKK:ASK with a GF Score™ of 52/100 and a GF Value™ of ฿1,381.29 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 414 Credit Services companies, Asia Sermkij Leasing PCL ranks better than 54.59% 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. Asia Sermkij Leasing PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 40.32%.
The historical rank and industry rank for Asia Sermkij Leasing PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:ASK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 52.08 Med: 645.57 Max: 860
Current: 55.82
During the past 13 years, Asia Sermkij Leasing PCL's highest ROC (Joel Greenblatt) % was 860.00%. The lowest was 52.08%. And the median was 645.57%.
BKK:ASK's ROC (Joel Greenblatt) % is ranked better than 54.59% of 414
companies
in the Credit Services industry
Industry Median: 38.59
vs BKK:ASK: 55.82
Asia Sermkij Leasing PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -45.30% per year.
Asia Sermkij Leasing PCL (BKK:ASK) 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 Sermkij Leasing PCL ROC (Joel Greenblatt) % Related Terms
Asia Sermkij Leasing PCL ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Asia Sermkij Leasing 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 Sermkij Leasing PCL ROC (Joel Greenblatt) % Chart
BKK:ASK vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, Asia Sermkij Leasing 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 Sermkij Leasing PCL ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Asia Sermkij Leasing PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asia Sermkij Leasing PCL's ROC (Joel Greenblatt) % falls into.
Asia Sermkij Leasing 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 (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 40.32% mean?
Asia Sermkij Leasing PCL (BKK:ASK) has a ROC (Joel Greenblatt) % of 40.32% 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 Asia Sermkij Leasing PCL and its competitors. This is 94% below median its historical median of 645.57. Over the past decade, Asia Sermkij Leasing PCL's ROC (Joel Greenblatt) % has ranged from 52.08 to 860.00. According to the industry distribution chart, Asia Sermkij Leasing PCL ranks #188 out of 414 companies in the Credit Services industry, placing it in the top 45.4%.
Is Asia Sermkij Leasing PCL's ROC (Joel Greenblatt) % too high?
Asia Sermkij Leasing PCL's current ROC (Joel Greenblatt) % of 40.32% is 94% below median its 10-year median of 645.57. Over the past 10 years, this metric has ranged from a low of 52.08 to a high of 860.00. The Credit Services industry median ROC (Joel Greenblatt) % is 38.59. Asia Sermkij Leasing PCL's value of 40.32% is 4.5% above this industry median. Based on the distribution chart, Asia Sermkij Leasing PCL ranks #188 out of 414 companies in the Credit Services industry, which is above the industry midpoint. Overall, Asia Sermkij Leasing PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Sermkij Leasing PCL's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Asia Sermkij Leasing PCL ranks #188 out of 414 companies for ROC (Joel Greenblatt) %. This puts Asia Sermkij Leasing PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 38.59. Asia Sermkij Leasing PCL's value of 40.32% is 4.5% above this benchmark. Historically, Asia Sermkij Leasing PCL's own ROC (Joel Greenblatt) % has ranged from 52.08 to 860.00 over the past decade. While the company's 10-year median is 645.57 vs. the industry median of 38.59, Asia Sermkij Leasing 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 Sermkij Leasing PCL's current ROC (Joel Greenblatt) % of 40.32% is 4.5% 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 Sermkij Leasing 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 Sermkij Leasing PCL's current ROC (Joel Greenblatt) % is 40.32%, which is 94% below median its own 10-year median of 645.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Sermkij Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL (BKK:ASK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1,381.29, compared to a current price of ฿12.30 — trading 99.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 40.32%, which is 94% below median its 10-year median of 645.57 and 4.5% above the Credit Services industry median of 38.59. Asia Sermkij Leasing PCL's overall GF Score™ is 52/100 with 8 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 Sermkij Leasing PCL (BKK:ASK), the current ROC (Joel Greenblatt) % is 40.32% 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 Asia Sermkij Leasing PCL (BKK:ASK) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL stock appears to be undervalued.
The current stock price of ฿12.30 is trading 99.1% below its estimated GF Value™ of ฿1,381.29.
GuruFocus considers Asia Sermkij Leasing PCL to be Possible Value Trap.
Key valuation signals for BKK:ASK:
ROC (Joel Greenblatt) %: 40.32% (94% below median its 10-year median of 645.57)
GF Value™: ฿1,381.29 vs. price of ฿12.30 (99.1% below fair value)
Industry Position: 4.5% above the Credit Services median (#188 of 414)
No single metric tells the full story. See the BKK:ASK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Sermkij Leasing PCL operates a hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and the metropolitan area. Subsequently, the company has expanded its business into used car hire purchases, personal loans, and floor plan financing, as well as other services such as auto registration, tax renewal, and insurance services. The company has reportable operating segments: Hire purchase, Leasing, Loan, and Insurance broker. The majority of its revenue is generated from the Hire purchase segment, which provides auto and machine hire purchase services for consumers and commercial customers.
52GF Score
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