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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. Bangkok Asset Intergroup PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -58.62%.
The historical rank and industry rank for Bangkok Asset Intergroup PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:BKA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -30.28 Med: 15.4 Max: 30.08
Current: -30.28
During the past 3 years, Bangkok Asset Intergroup PCL's highest ROC (Joel Greenblatt) % was 30.08%. The lowest was -30.28%. And the median was 15.40%.
BKK:BKA's ROC (Joel Greenblatt) % is ranked worse than 87.76% of 1748
companies
in the Real Estate industry
Industry Median: 12.89
vs BKK:BKA: -30.28
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.
For the Real Estate - Diversified subindustry, Bangkok Asset Intergroup 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.
Bangkok Asset Intergroup PCL ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bangkok Asset Intergroup PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bangkok Asset Intergroup 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 -58.62% mean?
Bangkok Asset Intergroup PCL (BKK:BKA) has a ROC (Joel Greenblatt) % of -58.62% 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 Bangkok Asset Intergroup PCL and its competitors. According to the industry distribution chart, Bangkok Asset Intergroup PCL ranks #1534 out of 1748 companies in the Real Estate industry, placing it in the top 87.8%.
Is Bangkok Asset Intergroup PCL's ROC (Joel Greenblatt) % too high?
Bangkok Asset Intergroup PCL's current ROC (Joel Greenblatt) % is -58.62%. Based on the distribution chart, Bangkok Asset Intergroup PCL ranks #1534 out of 1748 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Bangkok Asset Intergroup PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bangkok Asset Intergroup PCL's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Bangkok Asset Intergroup PCL ranks #1534 out of 1748 companies for ROC (Joel Greenblatt) %. This places Bangkok Asset Intergroup PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.89. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.89, based on 1,748 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. 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 Bangkok Asset Intergroup PCL and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Asset Intergroup PCL's current ROC (Joel Greenblatt) % is -58.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Asset Intergroup PCL stock overvalued right now?
Bangkok Asset Intergroup PCL (BKK:BKA) has a current ROC (Joel Greenblatt) % of -58.62%. The current ROC (Joel Greenblatt) % is -58.62%. Bangkok Asset Intergroup PCL's overall GF Score™ is 16/100 with 2 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 Bangkok Asset Intergroup PCL (BKK:BKA), the current ROC (Joel Greenblatt) % is -58.62% 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.
Bangkok Asset Intergroup PCL is engaged in renovating second-hand homes for sale, providing real estate agent service as well as buying second-hand homes to renovate and resell. Its segments include Agency with renovation business providing second-hand home renovation service together with sale agent; Agency business providing purely real estate agent service; Reseller business engages in buying second-hand homes to renovate and resell; and Renovation business that provides repairs, extension and improvement services. It derives the majority of revenue from Agency with renovation business segment in Thailand.
16GF Score
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