Knight Club Capital Holding PCL (BKK:KCC) ROC (Joel Greenblatt) %: 1,082.88% (As of Mar. 2026) — 775% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:KCC Knight Club Capital Holding PCL BKK:KCC
84 GF Score
Price ฿2.84
GF Value ฿7.68
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Knight Club Capital Holding PCL ROC (Joel Greenblatt) %?

Knight Club Capital Holding PCL BKK:KCC -1.39% 84 ROC (Joel Greenblatt) % is 1,082.88% as of Mar. 2026, which is 775% above its 10-year median of 123.80. GuruFocus rates BKK:KCC with a GF Score™ of 84/100 and a GF Value™ of ฿7.68 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 629 Asset Management companies, Knight Club Capital Holding PCL ranks better than 75.52% 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. Knight Club Capital Holding PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,082.88%.

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

BKK:KCC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 70.53   Med: 123.8   Max: 519.79
Current: 519.79

During the past 6 years, Knight Club Capital Holding PCL's highest ROC (Joel Greenblatt) % was 519.79%. The lowest was 70.53%. And the median was 123.80%.

BKK:KCC's ROC (Joel Greenblatt) % is ranked better than
75.52% of 629 companies
in the Asset Management industry
Industry Median: 62.71 vs BKK:KCC: 519.79

Knight Club Capital Holding PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 32.60% per year.


Knight Club Capital Holding PCL  (BKK:KCC) 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.


Knight Club Capital Holding PCL ROC (Joel Greenblatt) % Related Terms


Knight Club Capital Holding PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Knight Club Capital Holding 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.

Knight Club Capital Holding PCL ROC (Joel Greenblatt) % Chart

Knight Club Capital Holding PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 73.27 205.05 130.45 117.14 419.79

Knight Club Capital Holding PCL Quarterly Data
Jun21 Sep21 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 Premium Member Only Premium Member Only 173.48 442.20 112.07 495.84 1,082.88

BKK:KCC vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Knight Club Capital Holding 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.


Knight Club Capital Holding PCL ROC (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Knight Club Capital Holding PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Knight Club Capital Holding PCL's ROC (Joel Greenblatt) % falls into.


BKK:KCC
84GF Score
Knight Club Capital Holding PCL BKK:KCC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knight Club Capital Holding 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)
=(139.931 + 0 + 9.8260000000005) - (45.534 + 0 + 0)
=104.223

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(180.268 + 0 + 0.0010000000002037) - (38.278 + 0 + 0)
=141.991

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Knight Club Capital Holding 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 )
=1413.708/( ( (7.766 + max(104.223, 0)) + (7.121 + max(141.991, 0)) )/ 2 )
=1413.708/( ( 111.989 + 149.112 )/ 2 )
=1413.708/130.5505
=1,082.88 %

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 1,082.88% mean?
Knight Club Capital Holding PCL (BKK:KCC) has a ROC (Joel Greenblatt) % of 1,082.88% 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 Knight Club Capital Holding PCL and its competitors. This is 775% above median its historical median of 123.80. Over the past decade, Knight Club Capital Holding PCL's ROC (Joel Greenblatt) % has ranged from 70.53 to 519.79. According to the industry distribution chart, Knight Club Capital Holding PCL ranks #154 out of 629 companies in the Asset Management industry, placing it in the top 24.5%.
Is Knight Club Capital Holding PCL's ROC (Joel Greenblatt) % too high?
Knight Club Capital Holding PCL's current ROC (Joel Greenblatt) % of 1,082.88% is 775% above median its 10-year median of 123.80. Over the past 10 years, this metric has ranged from a low of 70.53 to a high of 519.79. The Asset Management industry median ROC (Joel Greenblatt) % is 62.71. Knight Club Capital Holding PCL's value of 1,082.88% is 1626.8% above this industry median. Based on the distribution chart, Knight Club Capital Holding PCL ranks #154 out of 629 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Knight Club Capital Holding PCL has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Knight Club Capital Holding PCL's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Knight Club Capital Holding PCL ranks #154 out of 629 companies for ROC (Joel Greenblatt) %. This places Knight Club Capital Holding PCL in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 62.71. Knight Club Capital Holding PCL's value of 1,082.88% is 1626.8% above this benchmark. Historically, Knight Club Capital Holding PCL's own ROC (Joel Greenblatt) % has ranged from 70.53 to 519.79 over the past decade. While the company's 10-year median is 123.80 vs. the industry median of 62.71, Knight Club Capital Holding 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.71, based on 629 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. Knight Club Capital Holding PCL's current ROC (Joel Greenblatt) % of 1,082.88% is 1626.8% 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 Knight Club Capital Holding PCL and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight Club Capital Holding PCL's current ROC (Joel Greenblatt) % is 1,082.88%, which is 775% above median its own 10-year median of 123.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knight Club Capital Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Knight Club Capital Holding PCL (BKK:KCC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿7.68, compared to a current price of ฿2.84 — trading 63% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,082.88%, which is 775% above median its 10-year median of 123.80 and 1626.8% above the Asset Management industry median of 62.71. Knight Club Capital Holding PCL's overall GF Score™ is 84/100 with 3 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 Knight Club Capital Holding PCL (BKK:KCC), the current ROC (Joel Greenblatt) % is 1,082.88% 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 Knight Club Capital Holding PCL (BKK:KCC) Overvalued in 2026?

Based on GuruFocus' analysis, Knight Club Capital Holding PCL stock appears to be undervalued. The current stock price of ฿2.84 is trading 63% below its estimated GF Value™ of ฿7.68. GuruFocus considers Knight Club Capital Holding PCL to be Possible Value Trap.

Key valuation signals for BKK:KCC:

  • ROC (Joel Greenblatt) %: 1,082.88% (775% above median its 10-year median of 123.80)
  • GF Value™: ฿7.68 vs. price of ฿2.84 (63% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 1626.8% above the Asset Management median (#154 of 629)

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


Knight Club Capital Holding PCL Business Description

Address 285/1 Pradit Manutham Road, Wang Thonglang District, Wang Thong Lang District, Bangkok, THA, 10310
Knight Club Capital Holding PCL principally operates the business of investing in other companies, and also strives to invest in asset management companies and related businesses, and/or mainly supports the asset management business. Its operations are carried out only in Thailand.
84GF Score

Get the complete analysis for BKK:KCC

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

฿2.84
Price
฿7.68
GF Value