BPS Technology PCL (BKK:BPS) ROC (Joel Greenblatt) %: 3.62% (As of Mar. 2026) — 65% Below Median

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BKK:BPS BPS Technology PCL BKK:BPS
16 GF Score
Price ฿0.58
! 9 Warning Signs
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What is BPS Technology PCL ROC (Joel Greenblatt) %?

BPS Technology PCL BKK:BPS 16 ROC (Joel Greenblatt) % is 3.62% as of Mar. 2026, which is 65% below its 10-year median of 10.40. GuruFocus rates BKK:BPS with a GF Score™ of 16/100. The stock has 9 warning signs investors should review. Among 2,491 Hardware companies, BPS Technology PCL ranks worse than 65.15% 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. BPS Technology PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.62%.

The historical rank and industry rank for BPS Technology PCL's ROC (Joel Greenblatt) % or its related term are showing as below:

BKK:BPS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.88   Med: 10.4   Max: 14.64
Current: 2.88

During the past 4 years, BPS Technology PCL's highest ROC (Joel Greenblatt) % was 14.64%. The lowest was 2.88%. And the median was 10.40%.

BKK:BPS's ROC (Joel Greenblatt) % is ranked worse than
65.15% of 2491 companies
in the Hardware industry
Industry Median: 10.43 vs BKK:BPS: 2.88

BPS Technology PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


BPS Technology PCL  (BKK:BPS) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


BPS Technology PCL ROC (Joel Greenblatt) % Related Terms


BPS Technology PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BPS Technology 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.

BPS Technology PCL ROC (Joel Greenblatt) % Chart

BPS Technology PCL Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
14.64 14.27 6.53 4.36

BPS Technology PCL Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.88 1.45 6.19 0.09 3.62

BKK:BPS vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison

For the Electronics & Computer Distribution subindustry, BPS Technology 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.


BPS Technology PCL ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, BPS Technology PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BPS Technology PCL's ROC (Joel Greenblatt) % falls into.


BKK:BPS
16GF Score
BPS Technology PCL BKK:BPS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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BPS Technology 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.78 + 80.25 + 6.919) - (101.578 + 2.334 + 0.843)
=61.194

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.938 + 87.602 + 5.273) - (113 + 13.573 + 0.87899999999999)
=58.361

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BPS Technology PCL for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.132/( ( (137.223 + max(61.194, 0)) + (136.951 + max(58.361, 0)) )/ 2 )
=7.132/( ( 198.417 + 195.312 )/ 2 )
=7.132/196.8645
=3.62 %

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 3.62% mean?
BPS Technology PCL (BKK:BPS) has a ROC (Joel Greenblatt) % of 3.62% 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 BPS Technology PCL and its competitors. This is 65% below median its historical median of 10.40. Over the past decade, BPS Technology PCL's ROC (Joel Greenblatt) % has ranged from 2.88 to 14.64. According to the industry distribution chart, BPS Technology PCL ranks #1623 out of 2491 companies in the Hardware industry, placing it in the top 65.2%.
Is BPS Technology PCL's ROC (Joel Greenblatt) % too high?
BPS Technology PCL's current ROC (Joel Greenblatt) % of 3.62% is 65% below median its 10-year median of 10.40. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 14.64. The Hardware industry median ROC (Joel Greenblatt) % is 10.43. BPS Technology PCL's value of 3.62% is 65.3% below this industry median. Based on the distribution chart, BPS Technology PCL ranks #1623 out of 2491 companies in the Hardware industry, which is below the industry midpoint. Overall, BPS Technology PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does BPS Technology PCL's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, BPS Technology PCL ranks #1623 out of 2491 companies for ROC (Joel Greenblatt) %. This places BPS Technology PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.43. BPS Technology PCL's value of 3.62% is 65.3% below this benchmark. Historically, BPS Technology PCL's own ROC (Joel Greenblatt) % has ranged from 2.88 to 14.64 over the past decade. While the company's 10-year median is 10.40 vs. the industry median of 10.43, BPS Technology 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.43, based on 2,491 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. BPS Technology PCL's current ROC (Joel Greenblatt) % of 3.62% is 65.3% 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 BPS Technology PCL and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BPS Technology PCL's current ROC (Joel Greenblatt) % is 3.62%, which is 65% below median its own 10-year median of 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BPS Technology PCL stock overvalued right now?
BPS Technology PCL (BKK:BPS) has a current ROC (Joel Greenblatt) % of 3.62%. The current ROC (Joel Greenblatt) % is 3.62%, which is 65% below median its 10-year median of 10.40 and 65.3% below the Hardware industry median of 10.43. BPS Technology PCL's overall GF Score™ is 16/100 with 9 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 BPS Technology PCL (BKK:BPS), the current ROC (Joel Greenblatt) % is 3.62% 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.

BPS Technology PCL Business Description

Address 47- 51 Sukhumuwathi Road, 25/34-38, Pak Nam Subdistrict, Branch Office 1, Mueang Samut Prakan District, Samut Prakan Province, Samut Prakan Province, THA, 10270
BPS Technology PCL operates the business of a distributor of electrical connectivity equipment, technology-related products, and solar cell products. Offering solutions for solar rooftop, main distribution board, fiber optic, and facilitating gadgets for residential and commercial buildings. The company operates in three reportable segments as follows: Sales section segment includes distribution of materials and equipment in electrical installation, technology and communication products, renewable energy products, & other products. Service section segment includes service providing, designing, installing, & maintaining the electricity system, communications, & Solar renewable energy project. And a service section from a fiber optic network. Key revenue is generated from the Sales section.
16GF Score

Get the complete analysis for BKK:BPS

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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