Civil Engineering PCL (BKK:CIVIL) ROC (Joel Greenblatt) %: 14.23% (As of Mar. 2026) — 15% Below Median

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BKK:CIVIL Civil Engineering PCL BKK:CIVIL
66 GF Score
Price ฿1.16
GF Value ฿1.86
Valuation Possible Value Trap
! 6 Warning Signs
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What is Civil Engineering PCL ROC (Joel Greenblatt) %?

Civil Engineering PCL BKK:CIVIL -2.52% 66 ROC (Joel Greenblatt) % is 14.23% as of Mar. 2026, which is 15% below its 10-year median of 16.65. GuruFocus rates BKK:CIVIL with a GF Score™ of 66/100 and a GF Value™ of ฿1.86 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,779 Construction companies, Civil Engineering PCL ranks worse than 79.93% 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. Civil Engineering PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.23%.

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

BKK:CIVIL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.6   Med: 16.65   Max: 44.03
Current: -0.68

During the past 9 years, Civil Engineering PCL's highest ROC (Joel Greenblatt) % was 44.03%. The lowest was -2.60%. And the median was 16.65%.

BKK:CIVIL's ROC (Joel Greenblatt) % is ranked worse than
79.93% of 1779 companies
in the Construction industry
Industry Median: 19.68 vs BKK:CIVIL: -0.68

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


Civil Engineering PCL  (BKK:CIVIL) 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.


Civil Engineering PCL ROC (Joel Greenblatt) % Related Terms


Civil Engineering PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Civil Engineering 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.

Civil Engineering PCL ROC (Joel Greenblatt) % Chart

Civil Engineering PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 21.27 8.88 13.31 16.65 -2.60

Civil Engineering PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.26 9.04 -68.05 44.38 14.23

BKK:CIVIL vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Civil Engineering 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.


Civil Engineering PCL ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Civil Engineering PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:CIVIL
66GF Score
Civil Engineering PCL BKK:CIVIL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Civil Engineering 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)
=(1324.604 + 198.167 + 918.548) - (1991.022 + 1989.593 + 54.215000000001)
=-1593.511

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1326.304 + 171.343 + 929.728) - (2255.548 + 1970.169 + 62.165000000001)
=-1860.507

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Civil Engineering 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 )
=100.016/( ( (702.417 + max(-1593.511, 0)) + (703.423 + max(-1860.507, 0)) )/ 2 )
=100.016/( ( 702.417 + 703.423 )/ 2 )
=100.016/702.92
=14.23 %

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 14.23% mean?
Civil Engineering PCL (BKK:CIVIL) has a ROC (Joel Greenblatt) % of 14.23% 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 Civil Engineering PCL and its competitors. This is 15% below median its historical median of 16.65. According to the industry distribution chart, Civil Engineering PCL ranks #1422 out of 1779 companies in the Construction industry, placing it in the top 79.9%.
Is Civil Engineering PCL's ROC (Joel Greenblatt) % too high?
Civil Engineering PCL's current ROC (Joel Greenblatt) % of 14.23% is 15% below median its 10-year median of 16.65. The Construction industry median ROC (Joel Greenblatt) % is 19.68. Civil Engineering PCL's value of 14.23% is 27.7% below this industry median. Based on the distribution chart, Civil Engineering PCL ranks #1422 out of 1779 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Civil Engineering PCL has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Civil Engineering PCL's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Civil Engineering PCL ranks #1422 out of 1779 companies for ROC (Joel Greenblatt) %. This places Civil Engineering PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.68. Civil Engineering PCL's value of 14.23% is 27.7% below this benchmark. While the company's 10-year median is 16.65 vs. the industry median of 19.68, Civil Engineering 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.68, based on 1,779 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. Civil Engineering PCL's current ROC (Joel Greenblatt) % of 14.23% is 27.7% 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 Civil Engineering PCL and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Civil Engineering PCL's current ROC (Joel Greenblatt) % is 14.23%, which is 15% below median its own 10-year median of 16.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Civil Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Civil Engineering PCL (BKK:CIVIL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.86, compared to a current price of ฿1.16 — trading 37.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.23%, which is 15% below median its 10-year median of 16.65 and 27.7% below the Construction industry median of 19.68. Civil Engineering PCL's overall GF Score™ is 66/100 with 6 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 Civil Engineering PCL (BKK:CIVIL), the current ROC (Joel Greenblatt) % is 14.23% 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 Civil Engineering PCL (BKK:CIVIL) Overvalued in 2026?

Based on GuruFocus' analysis, Civil Engineering PCL stock appears to be undervalued. The current stock price of ฿1.16 is trading 37.6% below its estimated GF Value™ of ฿1.86. GuruFocus considers Civil Engineering PCL to be Possible Value Trap.

Key valuation signals for BKK:CIVIL:

  • ROC (Joel Greenblatt) %: 14.23% (15% below median its 10-year median of 16.65)
  • GF Value™: ฿1.86 vs. price of ฿1.16 (37.6% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 27.7% below the Construction median (#1422 of 1779)

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


Civil Engineering PCL Business Description

Address Kamphaeng Phet 6 Road, 68/12 CEC Building, 7th Floor, Ladyao, Jatujak, Bangkok, THA, 10900
Civil Engineering PCL is a complete construction service provider. The company operates in three main businesses namely Construction services, Sales of construction materials and Rental services segment. Majority of the revenue is from Construction services segment. The group operates in Thailand.
66GF Score

Get the complete analysis for BKK:CIVIL

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

฿1.16
Price
฿1.86
GF Value