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I.C.C.International PCLBKK:ICC 67 ROC (Joel Greenblatt) % is 10.83% as of Mar. 2026, which is 21% below its 10-year median of 13.76. GuruFocus rates BKK:ICC with a GF Score™ of 67/100 and a GF Value™ of ฿22.97 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,130 Retail - Cyclical companies, I.C.C.International PCL ranks worse than 66.46% 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. I.C.C.International PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.83%.
The historical rank and industry rank for I.C.C.International PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:ICC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.15 Med: 13.76 Max: 18.69
Current: 5.09
During the past 13 years, I.C.C.International PCL's highest ROC (Joel Greenblatt) % was 18.69%. The lowest was 0.15%. And the median was 13.76%.
BKK:ICC's ROC (Joel Greenblatt) % is ranked worse than 66.46% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 11.64
vs BKK:ICC: 5.09
I.C.C.International PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 122.80% per year.
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.
I.C.C.International PCL ROC (Joel Greenblatt) % Related Terms
I.C.C.International PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for I.C.C.International 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:ICC vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, I.C.C.International 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.
I.C.C.International PCL ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where I.C.C.International 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 10.83% mean?
I.C.C.International PCL (BKK:ICC) has a ROC (Joel Greenblatt) % of 10.83% 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 I.C.C.International PCL and its competitors. This is 21% below median its historical median of 13.76. Over the past decade, I.C.C.International PCL's ROC (Joel Greenblatt) % has ranged from 0.15 to 18.69. According to the industry distribution chart, I.C.C.International PCL ranks #751 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 66.5%.
Is I.C.C.International PCL's ROC (Joel Greenblatt) % too high?
I.C.C.International PCL's current ROC (Joel Greenblatt) % of 10.83% is 21% below median its 10-year median of 13.76. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 18.69. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.64. I.C.C.International PCL's value of 10.83% is 7% below this industry median. Based on the distribution chart, I.C.C.International PCL ranks #751 out of 1130 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, I.C.C.International PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I.C.C.International PCL's ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, I.C.C.International PCL ranks #751 out of 1130 companies for ROC (Joel Greenblatt) %. This places I.C.C.International PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.64. I.C.C.International PCL's value of 10.83% is 7% below this benchmark. Historically, I.C.C.International PCL's own ROC (Joel Greenblatt) % has ranged from 0.15 to 18.69 over the past decade. While the company's 10-year median is 13.76 vs. the industry median of 11.64, I.C.C.International 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. I.C.C.International PCL's current ROC (Joel Greenblatt) % of 10.83% is 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 I.C.C.International PCL and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I.C.C.International PCL's current ROC (Joel Greenblatt) % is 10.83%, which is 21% below median its own 10-year median of 13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I.C.C.International PCL stock overvalued right now?
Based on GuruFocus' analysis, I.C.C.International PCL (BKK:ICC) is currently considered Fairly Valued. The stock's GF Value™ is ฿22.97, compared to a current price of ฿24.60 — trading 7.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.83%, which is 21% below median its 10-year median of 13.76 and 7% below the Retail - Cyclical industry median of 11.64. I.C.C.International PCL's overall GF Score™ is 67/100 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 I.C.C.International PCL (BKK:ICC), the current ROC (Joel Greenblatt) % is 10.83% 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 I.C.C.International PCL (BKK:ICC) Overvalued in 2026?
Based on GuruFocus' analysis, I.C.C.International PCL stock appears to be overvalued.
The current stock price of ฿24.60 is trading 7.1% above its estimated GF Value™ of ฿22.97.
GuruFocus considers I.C.C.International PCL to be Fairly Valued.
Key valuation signals for BKK:ICC:
ROC (Joel Greenblatt) %: 10.83% (21% below median its 10-year median of 13.76)
GF Value™: ฿22.97 vs. price of ฿24.60 (7.1% above fair value)
Industry Position: 7% below the Retail - Cyclical median (#751 of 1130)
No single metric tells the full story. See the BKK:ICC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
I.C.C.International PCL is engaged in distributing consumer products. It sells domestic and international fashion products, including cosmetics and fragrances, hair and skin hygiene products, a full range of textiles and apparel such as lingerie, outerwear, sportswear, and athletic wear, laundry and garment care products, and leather fashion items, etc. The company's principal segments are: Cosmetics, toiletries & perfumeries, Women's apparel, Men's apparel and Household products. The majority of the company's revenue is derived from the Men's apparel segment. Geographically, it operates only in Thailand.
67GF Score
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