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CPL Group PCLBKK:CPL 49 ROC (Joel Greenblatt) % is 5.65% as of Mar. 2026, which is 606% above its 10-year median of 0.80. GuruFocus rates BKK:CPL with a GF Score™ of 49/100 and a GF Value™ of ฿1.15 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,058 Manufacturing - Apparel & Accessories companies, CPL Group PCL ranks worse than 79.3% 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. CPL Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.65%.
The historical rank and industry rank for CPL Group PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:CPL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.27 Med: 0.8 Max: 5.41
Current: -3.24
During the past 13 years, CPL Group PCL's highest ROC (Joel Greenblatt) % was 5.41%. The lowest was -7.27%. And the median was 0.80%.
BKK:CPL's ROC (Joel Greenblatt) % is ranked worse than 79.3% of 1058
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.395
vs BKK:CPL: -3.24
CPL Group PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
CPL Group PCL (BKK:CPL) 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.
CPL Group PCL ROC (Joel Greenblatt) % Related Terms
CPL Group PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CPL 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:CPL vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, CPL 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.
CPL Group PCL ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CPL Group PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CPL Group PCL's ROC (Joel Greenblatt) % falls into.
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 5.65% mean?
CPL Group PCL (BKK:CPL) has a ROC (Joel Greenblatt) % of 5.65% 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 CPL Group PCL and its competitors. This is 606% above median its historical median of 0.80. According to the industry distribution chart, CPL Group PCL ranks #839 out of 1058 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.3%.
Is CPL Group PCL's ROC (Joel Greenblatt) % too high?
CPL Group PCL's current ROC (Joel Greenblatt) % of 5.65% is 606% above median its 10-year median of 0.80. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.40. CPL Group PCL's value of 5.65% is 32.7% below this industry median. Based on the distribution chart, CPL Group PCL ranks #839 out of 1058 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, CPL Group PCL has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CPL Group PCL's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, CPL Group PCL ranks #839 out of 1058 companies for ROC (Joel Greenblatt) %. This places CPL Group PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.40. CPL Group PCL's value of 5.65% is 32.7% below this benchmark. While the company's 10-year median is 0.80 vs. the industry median of 8.40, CPL Group 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.40, based on 1,058 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. CPL Group PCL's current ROC (Joel Greenblatt) % of 5.65% is 32.7% 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 CPL Group PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPL Group PCL's current ROC (Joel Greenblatt) % is 5.65%, which is 606% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPL Group PCL stock overvalued right now?
Based on GuruFocus' analysis, CPL Group PCL (BKK:CPL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.15, compared to a current price of ฿0.69 — trading 40% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.65%, which is 606% above median its 10-year median of 0.80 and 32.7% below the Manufacturing - Apparel & Accessories industry median of 8.40. CPL Group PCL's overall GF Score™ is 49/100 with 4 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 CPL Group PCL (BKK:CPL), the current ROC (Joel Greenblatt) % is 5.65% 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 CPL Group PCL (BKK:CPL) Overvalued in 2026?
Based on GuruFocus' analysis, CPL Group PCL stock appears to be undervalued.
The current stock price of ฿0.69 is trading 40% below its estimated GF Value™ of ฿1.15.
GuruFocus considers CPL Group PCL to be Possible Value Trap.
Key valuation signals for BKK:CPL:
ROC (Joel Greenblatt) %: 5.65% (606% above median its 10-year median of 0.80)
GF Value™: ฿1.15 vs. price of ฿0.69 (40% below fair value)
Industry Position: 32.7% below the Manufacturing - Apparel & Accessories median (#839 of 1058)
No single metric tells the full story. See the BKK:CPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPL Group PCL engages in the businesses of manufacturing and distribution of leather products, rendering of tanning service and manufacturing and distribution of personal protective equipment. Its product ranges from aniline leather, pigmented leather, oiled leather, waterproof leather, thru to split suede and finished splits. The company's segments include Tannery industry segment which has revenue from sales of finished leather products and rendering service of tanning and the Personal protective equipment segment, which has revenue from sales of personal protective equipment products. It derives revenue from Finished leather segment.
49GF Score
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