Baan Rock Garden PCL (BKK:BROCK) ROC (Joel Greenblatt) %: -5.09% (As of Jun. 2026)

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BKK:BROCK Baan Rock Garden PCL BKK:BROCK
52 GF Score
Price ฿1.12
GF Value ฿1.58
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Baan Rock Garden PCL ROC (Joel Greenblatt) %?

Baan Rock Garden PCL BKK:BROCK +3.70% 52 ROC (Joel Greenblatt) % is -5.09% as of Jun. 2026. GuruFocus rates BKK:BROCK with a GF Score™ of 52/100 and a GF Value™ of ฿1.58 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,753 Real Estate companies, Baan Rock Garden PCL ranks worse than 77.01% 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. Baan Rock Garden PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -5.09%.

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

BKK:BROCK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.47   Med: 7.64   Max: 27.43
Current: -2.16

During the past 13 years, Baan Rock Garden PCL's highest ROC (Joel Greenblatt) % was 27.43%. The lowest was -7.47%. And the median was 7.64%.

BKK:BROCK's ROC (Joel Greenblatt) % is ranked worse than
77.01% of 1753 companies
in the Real Estate industry
Industry Median: 13.14 vs BKK:BROCK: -2.16

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


Baan Rock Garden PCL  (BKK:BROCK) 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.


Baan Rock Garden PCL ROC (Joel Greenblatt) % Related Terms


Baan Rock Garden PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Baan Rock Garden 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.

Baan Rock Garden PCL ROC (Joel Greenblatt) % Chart

Baan Rock Garden PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.43 25.13 -5.59 -7.47 -2.31

Baan Rock Garden PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.75 -4.95 1.17 0.19 -5.09

Baan Rock Garden PCL ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Baan Rock Garden 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.


Baan Rock Garden PCL ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Baan Rock Garden PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Baan Rock Garden PCL's ROC (Joel Greenblatt) % falls into.


BKK:BROCK
52GF Score
Baan Rock Garden PCL BKK:BROCK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baan Rock Garden 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 297.031 + 1.448) - (21.557 + 0 + 0)
=276.922

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 286.92 + 1.262) - (22.953 + 0 + -7.105427357601E-15)
=265.229

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Baan Rock Garden PCL for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.804/( ( (20.505 + max(276.922, 0)) + (19.199 + max(265.229, 0)) )/ 2 )
=-14.804/( ( 297.427 + 284.428 )/ 2 )
=-14.804/290.9275
=-5.09 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 -5.09% mean?
Baan Rock Garden PCL (BKK:BROCK) has a ROC (Joel Greenblatt) % of -5.09% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Baan Rock Garden PCL and its competitors. According to the industry distribution chart, Baan Rock Garden PCL ranks #1350 out of 1753 companies in the Real Estate industry, placing it in the top 77%.
Is Baan Rock Garden PCL's ROC (Joel Greenblatt) % too high?
Baan Rock Garden PCL's current ROC (Joel Greenblatt) % is -5.09%. Based on the distribution chart, Baan Rock Garden PCL ranks #1350 out of 1753 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Baan Rock Garden PCL has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baan Rock Garden PCL's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Baan Rock Garden PCL ranks #1350 out of 1753 companies for ROC (Joel Greenblatt) %. This places Baan Rock Garden PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.14. 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 13.14, based on 1,753 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 Baan Rock Garden PCL and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baan Rock Garden PCL's current ROC (Joel Greenblatt) % is -5.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baan Rock Garden PCL stock overvalued right now?
Based on GuruFocus' analysis, Baan Rock Garden PCL (BKK:BROCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.58, compared to a current price of ฿1.12 — trading 29.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is -5.09%. Baan Rock Garden PCL's overall GF Score™ is 52/100 with 1 warning sign 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 Baan Rock Garden PCL (BKK:BROCK), the current ROC (Joel Greenblatt) % is -5.09% as of Jun. 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 Baan Rock Garden PCL (BKK:BROCK) Overvalued in 2026?

Based on GuruFocus' analysis, Baan Rock Garden PCL stock appears to be undervalued. The current stock price of ฿1.12 is trading 29.1% below its estimated GF Value™ of ฿1.58. GuruFocus considers Baan Rock Garden PCL to be Modestly Undervalued.

Key valuation signals for BKK:BROCK:

  • ROC (Joel Greenblatt) %: -5.09%
  • GF Value™: ฿1.58 vs. price of ฿1.12 (29.1% below fair value)
  • GF Score™: 52/100 with 1 warning sign

No single metric tells the full story. See the BKK:BROCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baan Rock Garden PCL Business Description

Address Pracha-Uthit Road, 601 Ramkhamheang 39, Wang Thonglang, Bangkok, THA, 10310
Baan Rock Garden PCL is involved in the real estate business. It is engaged in the development of single-attached houses, townhouses, and commercial buildings. The company mainly develops its real estate under the project title Baan Rock Garden in Bangkok and other provinces. Its project portfolio comprises Rock Garden House 3, Rock Garden House, Rock Garden Airport Phase 1, Baan Rock Garden Chalong Krung, and others. The company has a single reportable segment, which is the business of real estate development in the type of allotted house for sale, and its operation is in one geographical area, which is Thailand.
52GF Score

Get the complete analysis for BKK:BROCK

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

฿1.12
Price
฿1.58
GF Value