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Central Plaza Hotel PCL (BKK:CENTEL-R) ROC (Joel Greenblatt) % : 10.24% (As of Mar. 2025)


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What is Central Plaza Hotel PCL ROC (Joel Greenblatt) %?

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. Central Plaza Hotel PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 10.24%.

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

BKK:CENTEL-R' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.12   Med: 10.41   Max: 30.62
Current: 7.28

During the past 13 years, Central Plaza Hotel PCL's highest ROC (Joel Greenblatt) % was 30.62%. The lowest was -12.12%. And the median was 10.41%.

BKK:CENTEL-R's ROC (Joel Greenblatt) % is ranked worse than
54.2% of 834 companies
in the Travel & Leisure industry
Industry Median: 9.02 vs BKK:CENTEL-R: 7.28

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


Central Plaza Hotel PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Central Plaza Hotel 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.

* Premium members only.

Central Plaza Hotel PCL ROC (Joel Greenblatt) % Chart

Central Plaza Hotel PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.12 -3.57 3.59 7.10 7.30

Central Plaza Hotel PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.11 4.97 4.48 9.06 10.24

Competitive Comparison of Central Plaza Hotel PCL's ROC (Joel Greenblatt) %

For the Resorts & Casinos subindustry, Central Plaza Hotel 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.


Central Plaza Hotel PCL's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Central Plaza Hotel PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Central Plaza Hotel PCL's ROC (Joel Greenblatt) % falls into.


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Central Plaza Hotel 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(423.464 + 904.759 + 138.404) - (4430.993 + 550.384 + 336.469)
=-3851.219

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(435.467 + 834.687 + 785.919) - (3150.998 + 453.3 + 623.951)
=-2172.176

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Central Plaza Hotel PCL for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4864.788/( ( (47338.786 + max(-3851.219, 0)) + (47700.078 + max(-2172.176, 0)) )/ 2 )
=4864.788/( ( 47338.786 + 47700.078 )/ 2 )
=4864.788/47519.432
=10.24 %

Note: The EBIT data used here is four times the quarterly (Mar. 2025) 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.


Central Plaza Hotel PCL  (BKK:CENTEL-R) 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.


Central Plaza Hotel PCL ROC (Joel Greenblatt) % Related Terms

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Central Plaza Hotel PCL Business Description

Traded in Other Exchanges
Address
999/99 Rama 1 Road, 25th Floor, Centara Grand at CentralWorld, Pathumwan, Bangkok, THA, 10330
Central Plaza Hotel PCL is a resorts and casino company that is engaged in hotel operations. The company has two primary business segments: Hotel and Related Service Operation and Food and Ice-Cream Operations. The Hotel and Related Service Operation segment manages a variety of hotels and resorts. The Food and Ice-Cream Operations segment manages fast food and quick-service restaurants. The business is a franchisee of fast food restaurant chains. The company earns the vast majority of its revenue in Thailand and also has its presence in Japan and Republic of Maldives.

Central Plaza Hotel PCL Headlines

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