Thai Coconut PCL (BKK:COCOCO) ROC (Joel Greenblatt) %: 10.27% (As of Jun. 2026) — 34% Below Median

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BKK:COCOCO Thai Coconut PCL BKK:COCOCO
70 GF Score
Price ฿6.10
GF Value ฿8.21
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Thai Coconut PCL ROC (Joel Greenblatt) %?

Thai Coconut PCL BKK:COCOCO +1.67% 70 ROC (Joel Greenblatt) % is 10.27% as of Jun. 2026, which is 34% below its 10-year median of 15.51. GuruFocus rates BKK:COCOCO with a GF Score™ of 70/100 and a GF Value™ of ฿8.21 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Thai Coconut PCL ranks worse than 63.08% 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. Thai Coconut PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.27%.

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

BKK:COCOCO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.77   Med: 15.51   Max: 22.63
Current: 7.38

During the past 7 years, Thai Coconut PCL's highest ROC (Joel Greenblatt) % was 22.63%. The lowest was 5.77%. And the median was 15.51%.

BKK:COCOCO's ROC (Joel Greenblatt) % is ranked worse than
63.08% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 12.045 vs BKK:COCOCO: 7.38

Thai Coconut PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.80% per year.


Thai Coconut PCL  (BKK:COCOCO) 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.


Thai Coconut PCL ROC (Joel Greenblatt) % Related Terms


Thai Coconut PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thai Coconut 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.

Thai Coconut PCL ROC (Joel Greenblatt) % Chart

Thai Coconut PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 14.13 16.58 22.63 19.01 7.19

Thai Coconut PCL Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 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 8.01 6.83 4.77 7.44 10.27

BKK:COCOCO vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Thai Coconut 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.


Thai Coconut PCL ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Coconut PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:COCOCO
70GF Score
Thai Coconut PCL BKK:COCOCO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Coconut 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)
=(1017.136 + 1370.644 + 109.503) - (1148.282 + 0 + 23.174)
=1325.827

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1022.401 + 1488.783 + 122.56) - (1313.794 + 0 + 17.238)
=1302.712

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Thai Coconut 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 )
=665.36/( ( (5094.282 + max(1325.827, 0)) + (5230.408 + max(1302.712, 0)) )/ 2 )
=665.36/( ( 6420.109 + 6533.12 )/ 2 )
=665.36/6476.6145
=10.27 %

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 10.27% mean?
Thai Coconut PCL (BKK:COCOCO) has a ROC (Joel Greenblatt) % of 10.27% 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 Thai Coconut PCL and its competitors. This is 34% below median its historical median of 15.51. Over the past decade, Thai Coconut PCL's ROC (Joel Greenblatt) % has ranged from 5.77 to 22.63. According to the industry distribution chart, Thai Coconut PCL ranks #1249 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 63.1%.
Is Thai Coconut PCL's ROC (Joel Greenblatt) % too high?
Thai Coconut PCL's current ROC (Joel Greenblatt) % of 10.27% is 34% below median its 10-year median of 15.51. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 22.63. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.05. Thai Coconut PCL's value of 10.27% is 14.7% below this industry median. Based on the distribution chart, Thai Coconut PCL ranks #1249 out of 1980 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Coconut PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Coconut PCL's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Coconut PCL ranks #1249 out of 1980 companies for ROC (Joel Greenblatt) %. This places Thai Coconut PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Thai Coconut PCL's value of 10.27% is 14.7% below this benchmark. Historically, Thai Coconut PCL's own ROC (Joel Greenblatt) % has ranged from 5.77 to 22.63 over the past decade. While the company's 10-year median is 15.51 vs. the industry median of 12.05, Thai Coconut 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.05, based on 1,980 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. Thai Coconut PCL's current ROC (Joel Greenblatt) % of 10.27% is 14.7% 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 Thai Coconut PCL and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Coconut PCL's current ROC (Joel Greenblatt) % is 10.27%, which is 34% below median its own 10-year median of 15.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Coconut PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Coconut PCL (BKK:COCOCO) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.21, compared to a current price of ฿6.10 — trading 25.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.27%, which is 34% below median its 10-year median of 15.51 and 14.7% below the Consumer Packaged Goods industry median of 12.05. Thai Coconut PCL's overall GF Score™ is 70/100 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 Thai Coconut PCL (BKK:COCOCO), the current ROC (Joel Greenblatt) % is 10.27% 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 Thai Coconut PCL (BKK:COCOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Coconut PCL stock appears to be undervalued. The current stock price of ฿6.10 is trading 25.7% below its estimated GF Value™ of ฿8.21. GuruFocus considers Thai Coconut PCL to be Modestly Undervalued.

Key valuation signals for BKK:COCOCO:

  • ROC (Joel Greenblatt) %: 10.27% (34% below median its 10-year median of 15.51)
  • GF Value™: ฿8.21 vs. price of ฿6.10 (25.7% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 14.7% below the Consumer Packaged Goods median (#1249 of 1980)

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


Thai Coconut PCL Business Description

Address Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120
Thai Coconut PCL is engaged in the production and distribution of coconut products. The company operates as a manufacturer of coconut-based products, including coconut milk, coconut water, ready curry soups, and coconut snacks, produced under the Thaicoco and Cocoburi brands. It also produces industrial coconut-based products. Its reportable segments are: Coconut milk, Coconut water, and Pet food. It generates the majority of revenue from the Coconut water segment. Geographically, it generates the maximum revenue from Asia, followed by America, Europe, the Middle East, Oceania, and Africa.
70GF Score

Get the complete analysis for BKK:COCOCO

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

฿6.10
Price
฿8.21
GF Value