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GMM Grammy PCLBKK:GRAMMY -2.00%52 ROC (Joel Greenblatt) % is 68.13% as of Mar. 2026, which is 46% above its 10-year median of 46.54. GuruFocus rates BKK:GRAMMY with a GF Score™ of 52/100 and a GF Value™ of ฿5.53 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,015 Media - Diversified companies, GMM Grammy PCL ranks better than 56.16% 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. GMM Grammy PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 68.13%.
The historical rank and industry rank for GMM Grammy PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:GRAMMY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -74.29 Med: 46.54 Max: 184.81
Current: 14.87
During the past 13 years, GMM Grammy PCL's highest ROC (Joel Greenblatt) % was 184.81%. The lowest was -74.29%. And the median was 46.54%.
BKK:GRAMMY's ROC (Joel Greenblatt) % is ranked better than 56.16% of 1015
companies
in the Media - Diversified industry
Industry Median: 9.19
vs BKK:GRAMMY: 14.87
GMM Grammy PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
GMM Grammy PCL (BKK:GRAMMY) 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.
GMM Grammy PCL ROC (Joel Greenblatt) % Related Terms
GMM Grammy PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for GMM Grammy 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:GRAMMY vs NFLX, DIS, WBD: ROC (Joel Greenblatt) % Comparison
For the Entertainment subindustry, GMM Grammy 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.
GMM Grammy PCL ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GMM Grammy PCL's ROC (Joel Greenblatt) % falls into.
GMM Grammy 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 68.13% mean?
GMM Grammy PCL (BKK:GRAMMY) has a ROC (Joel Greenblatt) % of 68.13% 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 GMM Grammy PCL and its competitors. This is 46% above median its historical median of 46.54. According to the industry distribution chart, GMM Grammy PCL ranks #445 out of 1015 companies in the Media - Diversified industry, placing it in the top 43.8%.
Is GMM Grammy PCL's ROC (Joel Greenblatt) % too high?
GMM Grammy PCL's current ROC (Joel Greenblatt) % of 68.13% is 46% above median its 10-year median of 46.54. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.19. GMM Grammy PCL's value of 68.13% is 641.3% above this industry median. Based on the distribution chart, GMM Grammy PCL ranks #445 out of 1015 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, GMM Grammy PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GMM Grammy PCL's ROC (Joel Greenblatt) % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, GMM Grammy PCL ranks #445 out of 1015 companies for ROC (Joel Greenblatt) %. This puts GMM Grammy PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.19. GMM Grammy PCL's value of 68.13% is 641.3% above this benchmark. While the company's 10-year median is 46.54 vs. the industry median of 9.19, GMM Grammy 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.19, based on 1,015 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. GMM Grammy PCL's current ROC (Joel Greenblatt) % of 68.13% is 641.3% 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 GMM Grammy PCL and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMM Grammy PCL's current ROC (Joel Greenblatt) % is 68.13%, which is 46% above median its own 10-year median of 46.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMM Grammy PCL stock overvalued right now?
Based on GuruFocus' analysis, GMM Grammy PCL (BKK:GRAMMY) is currently considered Possible Value Trap. The stock's GF Value™ is ฿5.53, compared to a current price of ฿2.94 — trading 46.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 68.13%, which is 46% above median its 10-year median of 46.54 and 641.3% above the Media - Diversified industry median of 9.19. GMM Grammy PCL's overall GF Score™ is 52/100 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 GMM Grammy PCL (BKK:GRAMMY), the current ROC (Joel Greenblatt) % is 68.13% 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 GMM Grammy PCL (BKK:GRAMMY) Overvalued in 2026?
Based on GuruFocus' analysis, GMM Grammy PCL stock appears to be undervalued.
The current stock price of ฿2.94 is trading 46.8% below its estimated GF Value™ of ฿5.53.
GuruFocus considers GMM Grammy PCL to be Possible Value Trap.
Key valuation signals for BKK:GRAMMY:
ROC (Joel Greenblatt) %: 68.13% (46% above median its 10-year median of 46.54)
GF Value™: ฿5.53 vs. price of ฿2.94 (46.8% below fair value)
Industry Position: 641.3% above the Media - Diversified median (#445 of 1015)
No single metric tells the full story. See the BKK:GRAMMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movie business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments, i.e., Music segment comprising music business and showbiz, Media segment comprising digital TV business GMM25, Others segment comprising merchandise and other services business.
52GF Score
Get the complete analysis for BKK:GRAMMY
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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