IFS Capital Holdings (Thailand) PCLBKK:IFS-R 71 ROC (Joel Greenblatt) % is 2,017.42% as of Mar. 2026, which is 135% above its 10-year median of 857.18. GuruFocus rates BKK:IFS-R with a GF Score™ of 71/100 and a GF Value™ of ฿2.74. The stock has 5 warning signs investors should review. Among 414 Credit Services companies, IFS Capital Holdings (Thailand) PCL ranks better than 92.75% 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. IFS Capital Holdings (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2,017.42%.
The historical rank and industry rank for IFS Capital Holdings (Thailand) PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:IFS-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 423.17 Med: 857.18 Max: 1965.23
Current: 1875.68
During the past 13 years, IFS Capital Holdings (Thailand) PCL's highest ROC (Joel Greenblatt) % was 1965.23%. The lowest was 423.17%. And the median was 857.18%.
BKK:IFS-R's ROC (Joel Greenblatt) % is ranked better than 92.75% of 414
companies
in the Credit Services industry
Industry Median: 38.59
vs BKK:IFS-R: 1875.68
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.
IFS Capital Holdings (Thailand) PCL ROC (Joel Greenblatt) % Chart
BKK:IFS-R vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, IFS Capital Holdings (Thailand) 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.
IFS Capital Holdings (Thailand) PCL ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, IFS Capital Holdings (Thailand) PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IFS Capital Holdings (Thailand) PCL's ROC (Joel Greenblatt) % falls into.
IFS Capital Holdings (Thailand) 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 2,017.42% mean?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a ROC (Joel Greenblatt) % of 2,017.42% 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 IFS Capital Holdings (Thailand) PCL and its competitors. This is 135% above median its historical median of 857.18. Over the past decade, IFS Capital Holdings (Thailand) PCL's ROC (Joel Greenblatt) % has ranged from 423.17 to 1,965.23. According to the industry distribution chart, IFS Capital Holdings (Thailand) PCL ranks #30 out of 414 companies in the Credit Services industry, placing it in the top 7.2%.
Is IFS Capital Holdings (Thailand) PCL's ROC (Joel Greenblatt) % too high?
IFS Capital Holdings (Thailand) PCL's current ROC (Joel Greenblatt) % of 2,017.42% is 135% above median its 10-year median of 857.18. Over the past 10 years, this metric has ranged from a low of 423.17 to a high of 1,965.23. The Credit Services industry median ROC (Joel Greenblatt) % is 38.59. IFS Capital Holdings (Thailand) PCL's value of 2,017.42% is 5127.8% above this industry median. Based on the distribution chart, IFS Capital Holdings (Thailand) PCL ranks #30 out of 414 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, IFS Capital Holdings (Thailand) PCL has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does IFS Capital Holdings (Thailand) PCL's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, IFS Capital Holdings (Thailand) PCL ranks #30 out of 414 companies for ROC (Joel Greenblatt) %. This places IFS Capital Holdings (Thailand) PCL in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 38.59. IFS Capital Holdings (Thailand) PCL's value of 2,017.42% is 5127.8% above this benchmark. Historically, IFS Capital Holdings (Thailand) PCL's own ROC (Joel Greenblatt) % has ranged from 423.17 to 1,965.23 over the past decade. While the company's 10-year median is 857.18 vs. the industry median of 38.59, IFS Capital Holdings (Thailand) 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.59, based on 414 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. IFS Capital Holdings (Thailand) PCL's current ROC (Joel Greenblatt) % of 2,017.42% is 5127.8% 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 IFS Capital Holdings (Thailand) PCL and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFS Capital Holdings (Thailand) PCL's current ROC (Joel Greenblatt) % is 2,017.42%, which is 135% above median its own 10-year median of 857.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFS Capital Holdings (Thailand) PCL stock overvalued right now?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a current ROC (Joel Greenblatt) % of 2,017.42%. The stock's GF Value™ is ฿2.74, compared to a current price of ฿1.89 — trading 31% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2,017.42%, which is 135% above median its 10-year median of 857.18 and 5127.8% above the Credit Services industry median of 38.59. IFS Capital Holdings (Thailand) PCL's overall GF Score™ is 71/100 with 5 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 IFS Capital Holdings (Thailand) PCL (BKK:IFS-R), the current ROC (Joel Greenblatt) % is 2,017.42% 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 IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) Overvalued in 2026?
Based on GuruFocus' analysis, IFS Capital Holdings (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿1.89 is trading 31% below its estimated GF Value™ of ฿2.74.
Key valuation signals for BKK:IFS-R:
ROC (Joel Greenblatt) %: 2,017.42% (135% above median its 10-year median of 857.18)
GF Value™: ฿2.74 vs. price of ฿1.89 (31% below fair value)
Industry Position: 5127.8% above the Credit Services median (#30 of 414)
No single metric tells the full story. See the BKK:IFS-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFS Capital Holdings (Thailand) PCL Business Description
IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income, and expenses not attributed to the business segments described. The majority of revenue is derived from Factoring Business.
71GF Score
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