Chayo Group PCLBKK:CHAYO-R 68 ROC (Joel Greenblatt) % is 356.56% as of Mar. 2026, which is 8% below its 10-year median of 385.68. GuruFocus rates BKK:CHAYO-R with a GF Score™ of 68/100 and a GF Value™ of ฿2.61. The stock has 3 warning signs investors should review. Among 413 Credit Services companies, Chayo Group PCL ranks worse than 84.02% 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. Chayo Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 356.56%.
The historical rank and industry rank for Chayo Group PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:CHAYO-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -98.06 Med: 385.68 Max: 626.47
Current: -87.58
During the past 11 years, Chayo Group PCL's highest ROC (Joel Greenblatt) % was 626.47%. The lowest was -98.06%. And the median was 385.68%.
BKK:CHAYO-R's ROC (Joel Greenblatt) % is ranked worse than 84.02% of 413
companies
in the Credit Services industry
Industry Median: 38.19
vs BKK:CHAYO-R: -87.58
Chayo Group PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Chayo Group PCL (BKK:CHAYO-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.
Chayo Group PCL ROC (Joel Greenblatt) % Related Terms
Chayo Group PCL ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Chayo Group 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.
BKK:CHAYO-R vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, Chayo Group 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.
Chayo Group PCL ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Chayo Group PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chayo Group PCL's ROC (Joel Greenblatt) % falls into.
Chayo Group 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 356.56% mean?
Chayo Group PCL (BKK:CHAYO-R) has a ROC (Joel Greenblatt) % of 356.56% 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 Chayo Group PCL and its competitors. This is near median its historical median of 385.68. According to the industry distribution chart, Chayo Group PCL ranks #347 out of 413 companies in the Credit Services industry, placing it in the top 84%.
Is Chayo Group PCL's ROC (Joel Greenblatt) % too high?
Chayo Group PCL's current ROC (Joel Greenblatt) % of 356.56% is near median its 10-year median of 385.68. The Credit Services industry median ROC (Joel Greenblatt) % is 38.19. Chayo Group PCL's value of 356.56% is 833.6% above this industry median. Based on the distribution chart, Chayo Group PCL ranks #347 out of 413 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Chayo Group PCL has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Chayo Group PCL's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Chayo Group PCL ranks #347 out of 413 companies for ROC (Joel Greenblatt) %. This places Chayo Group PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 38.19. Chayo Group PCL's value of 356.56% is 833.6% above this benchmark. While the company's 10-year median is 385.68 vs. the industry median of 38.19, Chayo Group 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 38.19, based on 413 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. Chayo Group PCL's current ROC (Joel Greenblatt) % of 356.56% is 833.6% 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 Chayo Group PCL and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chayo Group PCL's current ROC (Joel Greenblatt) % is 356.56%, which is near median its own 10-year median of 385.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chayo Group PCL stock overvalued right now?
Chayo Group PCL (BKK:CHAYO-R) has a current ROC (Joel Greenblatt) % of 356.56%. The stock's GF Value™ is ฿2.61, compared to a current price of ฿1.00 — trading 61.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 356.56%, which is near median its 10-year median of 385.68 and 833.6% above the Credit Services industry median of 38.19. Chayo Group PCL's overall GF Score™ is 68/100 with 3 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 Chayo Group PCL (BKK:CHAYO-R), the current ROC (Joel Greenblatt) % is 356.56% 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 Chayo Group PCL (BKK:CHAYO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Chayo Group PCL stock appears to be undervalued.
The current stock price of ฿1.00 is trading 61.6% below its estimated GF Value™ of ฿2.61.
Key valuation signals for BKK:CHAYO-R:
ROC (Joel Greenblatt) %: 356.56% (near median its 10-year median of 385.68)
GF Value™: ฿2.61 vs. price of ฿1.00 (61.6% below fair value)
Industry Position: 833.6% above the Credit Services median (#347 of 413)
No single metric tells the full story. See the BKK:CHAYO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chayo Group PCL is a Thailand-based company engaged in the provision of tracking and solicitation services for bad debts such as credit card debt. Its principal objective is to provide services relating to debt collection, managing non-performing assets from purchases, transferring secured and non-secured non-performing assets from financial institutions and credit facility companies, and providing call center services. The firm operates in the segments of Debt collection service, Management of non-performing assets, loans, recruitment services, of which the Management of non-performing asset segment accounts for the majority of revenue.
68GF Score
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