Dusit Thani PCL (BKK:DUSIT) ROC (Joel Greenblatt) %: 10.19% (As of Mar. 2026) — 326% Above Median

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BKK:DUSIT Dusit Thani PCL BKK:DUSIT
70 GF Score
Price ฿11.40
GF Value ฿14.95
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Dusit Thani PCL ROC (Joel Greenblatt) %?

Dusit Thani PCL BKK:DUSIT -0.87% 70 ROC (Joel Greenblatt) % is 10.19% as of Mar. 2026, which is 326% above its 10-year median of 2.39. GuruFocus rates BKK:DUSIT with a GF Score™ of 70/100 and a GF Value™ of ฿14.95 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 847 Travel & Leisure companies, Dusit Thani PCL ranks worse than 68.6% 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. Dusit Thani PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.19%.

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

BKK:DUSIT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.88   Med: 2.39   Max: 23.47
Current: 2.8

During the past 13 years, Dusit Thani PCL's highest ROC (Joel Greenblatt) % was 23.47%. The lowest was -6.88%. And the median was 2.39%.

BKK:DUSIT's ROC (Joel Greenblatt) % is ranked worse than
68.6% of 847 companies
in the Travel & Leisure industry
Industry Median: 10 vs BKK:DUSIT: 2.80

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


Dusit Thani PCL  (BKK:DUSIT) 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.


Dusit Thani PCL ROC (Joel Greenblatt) % Related Terms


Dusit Thani PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dusit Thani 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.

Dusit Thani PCL ROC (Joel Greenblatt) % Chart

Dusit Thani PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.49 -0.43 -0.27 3.19 1.58

Dusit Thani 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 3.84 -2.26 -2.79 7.47 10.19

BKK:DUSIT vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL ROC (Joel Greenblatt) % vs Travel & Leisure Industry

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

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


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

Dusit Thani 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)
=(601.687 + 8428.519 + 465.93) - (2125.905 + 4784.356 + 606.851)
=1979.024

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(539.15 + 8868.243 + 458.34) - (2146.638 + 5022.416 + 572.883)
=2123.796

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dusit Thani 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 )
=2346.428/( ( (21016.006 + max(1979.024, 0)) + (20924.625 + max(2123.796, 0)) )/ 2 )
=2346.428/( ( 22995.03 + 23048.421 )/ 2 )
=2346.428/23021.7255
=10.19 %

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 10.19% mean?
Dusit Thani PCL (BKK:DUSIT) has a ROC (Joel Greenblatt) % of 10.19% 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 Dusit Thani PCL and its competitors. This is 326% above median its historical median of 2.39. According to the industry distribution chart, Dusit Thani PCL ranks #581 out of 847 companies in the Travel & Leisure industry, placing it in the top 68.6%.
Is Dusit Thani PCL's ROC (Joel Greenblatt) % too high?
Dusit Thani PCL's current ROC (Joel Greenblatt) % of 10.19% is 326% above median its 10-year median of 2.39. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.00. Dusit Thani PCL's value of 10.19% is 1.9% above this industry median. Based on the distribution chart, Dusit Thani PCL ranks #581 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Dusit Thani 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 Dusit Thani PCL's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Dusit Thani PCL ranks #581 out of 847 companies for ROC (Joel Greenblatt) %. This places Dusit Thani PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.00. Dusit Thani PCL's value of 10.19% is 1.9% above this benchmark. While the company's 10-year median is 2.39 vs. the industry median of 10.00, Dusit Thani 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.00, based on 847 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. Dusit Thani PCL's current ROC (Joel Greenblatt) % of 10.19% is 1.9% 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 Dusit Thani PCL and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dusit Thani PCL's current ROC (Joel Greenblatt) % is 10.19%, which is 326% above median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani PCL stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani PCL (BKK:DUSIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.95, compared to a current price of ฿11.40 — trading 23.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.19%, which is 326% above median its 10-year median of 2.39 and 1.9% above the Travel & Leisure industry median of 10.00. Dusit Thani PCL's overall GF Score™ is 70/100 with 7 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 Dusit Thani PCL (BKK:DUSIT), the current ROC (Joel Greenblatt) % is 10.19% 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 Dusit Thani PCL (BKK:DUSIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani PCL stock appears to be undervalued. The current stock price of ฿11.40 is trading 23.7% below its estimated GF Value™ of ฿14.95. GuruFocus considers Dusit Thani PCL to be Modestly Undervalued.

Key valuation signals for BKK:DUSIT:

  • ROC (Joel Greenblatt) %: 10.19% (326% above median its 10-year median of 2.39)
  • GF Value™: ฿14.95 vs. price of ฿11.40 (23.7% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 1.9% above the Travel & Leisure median (#581 of 847)

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


Dusit Thani PCL Business Description

Address Phayathai Roadvai, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the operation of hotel business, hotel management, education, food and real estate development. Its segments include Hotel and hotel management, Education, Foods, Real estate development, and Others. The majority of the revenue is derived from Hotel and hotel management segment. Geographically it operates in Thailand and Overseas.
70GF Score

Get the complete analysis for BKK:DUSIT

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

฿11.40
Price
฿14.95
GF Value