Itthirit Nice PCL (BKK:ITTHI) ROC (Joel Greenblatt) %: 20.62% (As of Mar. 2026) — 21% Below Median

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BKK:ITTHI Itthirit Nice Corp PCL BKK:ITTHI
60 GF Score
Price ฿1.33
GF Value ฿2.06
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Itthirit Nice PCL ROC (Joel Greenblatt) %?

Itthirit Nice PCL BKK:ITTHI -0.75% 60 ROC (Joel Greenblatt) % is 20.62% as of Mar. 2026, which is 21% below its 10-year median of 26.14. GuruFocus rates BKK:ITTHI with a GF Score™ of 60/100 and a GF Value™ of ฿2.06 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Itthirit Nice PCL ranks better than 72.06% 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. Itthirit Nice PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.62%.

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

BKK:ITTHI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.79   Med: 26.14   Max: 27.3
Current: 21.22

During the past 5 years, Itthirit Nice PCL's highest ROC (Joel Greenblatt) % was 27.30%. The lowest was 16.79%. And the median was 26.14%.

BKK:ITTHI's ROC (Joel Greenblatt) % is ranked better than
72.06% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.4 vs BKK:ITTHI: 21.22

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


Itthirit Nice PCL  (BKK:ITTHI) 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.


Itthirit Nice PCL ROC (Joel Greenblatt) % Related Terms


Itthirit Nice PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Itthirit Nice 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.

Itthirit Nice PCL ROC (Joel Greenblatt) % Chart

Itthirit Nice PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
26.14 27.30 16.79 19.73 26.21

Itthirit Nice PCL Quarterly Data
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 36.79 25.43 20.79 17.81 20.62

BKK:ITTHI vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Itthirit Nice 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.


Itthirit Nice PCL ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Itthirit Nice PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:ITTHI
60GF Score
Itthirit Nice Corp PCL BKK:ITTHI
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Itthirit Nice 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)
=(32.987 + 27.92 + 93.672) - (39.68 + 1.937 + 0.52500000000001)
=112.437

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.428 + 26.836 + 43.417) - (53.911 + 2.504 + 0.525)
=29.741

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Itthirit Nice 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 )
=29.168/( ( (46.284 + max(112.437, 0)) + (94.515 + max(29.741, 0)) )/ 2 )
=29.168/( ( 158.721 + 124.256 )/ 2 )
=29.168/141.4885
=20.62 %

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 20.62% mean?
Itthirit Nice PCL (BKK:ITTHI) has a ROC (Joel Greenblatt) % of 20.62% 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 Itthirit Nice PCL and its competitors. This is 21% below median its historical median of 26.14. Over the past decade, Itthirit Nice PCL's ROC (Joel Greenblatt) % has ranged from 16.79 to 27.30. According to the industry distribution chart, Itthirit Nice PCL ranks #121 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 27.9%.
Is Itthirit Nice PCL's ROC (Joel Greenblatt) % too high?
Itthirit Nice PCL's current ROC (Joel Greenblatt) % of 20.62% is 21% below median its 10-year median of 26.14. Over the past 10 years, this metric has ranged from a low of 16.79 to a high of 27.30. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.40. Itthirit Nice PCL's value of 20.62% is 119.4% above this industry median. Based on the distribution chart, Itthirit Nice PCL ranks #121 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Itthirit Nice PCL has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itthirit Nice PCL's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Itthirit Nice PCL ranks #121 out of 433 companies for ROC (Joel Greenblatt) %. This puts Itthirit Nice PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.40. Itthirit Nice PCL's value of 20.62% is 119.4% above this benchmark. Historically, Itthirit Nice PCL's own ROC (Joel Greenblatt) % has ranged from 16.79 to 27.30 over the past decade. While the company's 10-year median is 26.14 vs. the industry median of 9.40, Itthirit Nice 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.40, based on 433 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. Itthirit Nice PCL's current ROC (Joel Greenblatt) % of 20.62% is 119.4% 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 Itthirit Nice PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itthirit Nice PCL's current ROC (Joel Greenblatt) % is 20.62%, which is 21% below median its own 10-year median of 26.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itthirit Nice PCL stock overvalued right now?
Based on GuruFocus' analysis, Itthirit Nice PCL (BKK:ITTHI) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿1.33 — trading 35.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.62%, which is 21% below median its 10-year median of 26.14 and 119.4% above the Furnishings, Fixtures & Appliances industry median of 9.40. Itthirit Nice PCL's overall GF Score™ is 60/100 with 2 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 Itthirit Nice PCL (BKK:ITTHI), the current ROC (Joel Greenblatt) % is 20.62% 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 Itthirit Nice PCL (BKK:ITTHI) Overvalued in 2026?

Based on GuruFocus' analysis, Itthirit Nice PCL stock appears to be undervalued. The current stock price of ฿1.33 is trading 35.4% below its estimated GF Value™ of ฿2.06. GuruFocus considers Itthirit Nice PCL to be Significantly Undervalued.

Key valuation signals for BKK:ITTHI:

  • ROC (Joel Greenblatt) %: 20.62% (21% below median its 10-year median of 26.14)
  • GF Value™: ฿2.06 vs. price of ฿1.33 (35.4% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 119.4% above the Furnishings, Fixtures & Appliances median (#121 of 433)

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


Itthirit Nice PCL Business Description

Address 89/18-19 Moo 5,Tambol Phanthai Norasing, Amphur Muang Samut Sakhon, Samut Sakhon Province, THA, 74000
Itthirit Nice Corp PCL is a distributor of electronic equipment which includes electric lighting products and equipment type IET (Internet Every Thing). Further, it is also involved in the production and distribution of disinfecting alcohol products. The company operates in three business segments, the Property development sector, the Government sector Retail, and the wholesale sector, the majority of its revenue is generated from the Government sector.
60GF Score

Get the complete analysis for BKK:ITTHI

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

฿1.33
Price
฿2.06
GF Value