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Grande Asset Hotels And Property PCLBKK:GRAND ROC (Joel Greenblatt) % is -2.01% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 847 Travel & Leisure companies, Grande Asset Hotels And Property PCL ranks worse than 85.48% 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. Grande Asset Hotels And Property PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.01%.
The historical rank and industry rank for Grande Asset Hotels And Property PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:GRAND'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.92 Med: 1.32 Max: 19.44
Current: -12.06
During the past 13 years, Grande Asset Hotels And Property PCL's highest ROC (Joel Greenblatt) % was 19.44%. The lowest was -12.92%. And the median was 1.32%.
BKK:GRAND's ROC (Joel Greenblatt) % is ranked worse than 85.48% of 847
companies
in the Travel & Leisure industry
Industry Median: 9.91
vs BKK:GRAND: -12.06
Grande Asset Hotels And Property PCL (BKK:GRAND) 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.
* 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.
Grande Asset Hotels And Property PCL ROC (Joel Greenblatt) % Chart
BKK:GRAND vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Grande Asset Hotels And Property 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.
Grande Asset Hotels And Property PCL ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grande Asset Hotels And Property PCL's ROC (Joel Greenblatt) % falls into.
Grande Asset Hotels And Property 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 -2.01% mean?
Grande Asset Hotels And Property PCL (BKK:GRAND) has a ROC (Joel Greenblatt) % of -2.01% 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 Grande Asset Hotels And Property PCL and its competitors. According to the industry distribution chart, Grande Asset Hotels And Property PCL ranks #724 out of 847 companies in the Travel & Leisure industry, placing it in the top 85.5%.
Is Grande Asset Hotels And Property PCL's ROC (Joel Greenblatt) % too high?
Grande Asset Hotels And Property PCL's current ROC (Joel Greenblatt) % is -2.01%. Based on the distribution chart, Grande Asset Hotels And Property PCL ranks #724 out of 847 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does Grande Asset Hotels And Property PCL's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Grande Asset Hotels And Property PCL ranks #724 out of 847 companies for ROC (Joel Greenblatt) %. This places Grande Asset Hotels And Property PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.91. 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 9.91, 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. 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 Grande Asset Hotels And Property PCL and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grande Asset Hotels And Property PCL's current ROC (Joel Greenblatt) % is -2.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Asset Hotels And Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Grande Asset Hotels And Property PCL (BKK:GRAND) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.07, compared to a current price of ฿0.02 — trading 71.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -2.01%. 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 Grande Asset Hotels And Property PCL (BKK:GRAND), the current ROC (Joel Greenblatt) % is -2.01% 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.
Grande Asset Hotels And Property PCL Business Description
Grande Asset Hotels And Property PCL operates in the hotel industry. It is principally engaged in hotel, property development and rental businesses. The company's reportable segments include Hotel business, Rental business and Property development business. The majority of revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Hyde Heritage Thonglor, Hyde Sukhumvit 11 and Amatara Residences Rayong.
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