K.C. Metalsheet PCL (BKK:KCM) ROC (Joel Greenblatt) %: 6.49% (As of Mar. 2026) — 411% Above Median

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BKK:KCM K.C. Metalsheet PCL BKK:KCM
36 GF Score
Price ฿0.26
GF Value ฿0.21
Valuation Modestly Overvalued
! 8 Warning Signs
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What is K.C. Metalsheet PCL ROC (Joel Greenblatt) %?

K.C. Metalsheet PCL BKK:KCM -3.70% 36 ROC (Joel Greenblatt) % is 6.49% as of Mar. 2026, which is 411% above its 10-year median of 1.27. GuruFocus rates BKK:KCM with a GF Score™ of 36/100 and a GF Value™ of ฿0.21 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 3,065 Industrial Products companies, K.C. Metalsheet PCL ranks worse than 78.69% 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. K.C. Metalsheet PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.49%.

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

BKK:KCM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.19   Med: 1.27   Max: 4.12
Current: -1.55

During the past 13 years, K.C. Metalsheet PCL's highest ROC (Joel Greenblatt) % was 4.12%. The lowest was -4.19%. And the median was 1.27%.

BKK:KCM's ROC (Joel Greenblatt) % is ranked worse than
78.69% of 3065 companies
in the Industrial Products industry
Industry Median: 11.68 vs BKK:KCM: -1.55

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


K.C. Metalsheet PCL  (BKK:KCM) 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.


K.C. Metalsheet PCL ROC (Joel Greenblatt) % Related Terms


K.C. Metalsheet PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for K.C. Metalsheet 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.

K.C. Metalsheet PCL ROC (Joel Greenblatt) % Chart

K.C. Metalsheet PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 -3.90 2.18 -4.19 -3.00

K.C. Metalsheet 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 -0.38 -1.76 -8.60 -2.01 6.49

BKK:KCM vs CRS, ATI, MLI: ROC (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, K.C. Metalsheet 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.


K.C. Metalsheet PCL ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, K.C. Metalsheet PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where K.C. Metalsheet PCL's ROC (Joel Greenblatt) % falls into.


BKK:KCM
36GF Score
K.C. Metalsheet PCL BKK:KCM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K.C. Metalsheet 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)
=(35.421 + 107.05 + 3.427) - (22.386 + 1.97 + 3.765)
=117.777

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.133 + 105.749 + 8.115) - (27.506 + 3.295 + 3.652)
=100.544

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of K.C. Metalsheet 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 )
=17.392/( ( (160.12 + max(117.777, 0)) + (157.498 + max(100.544, 0)) )/ 2 )
=17.392/( ( 277.897 + 258.042 )/ 2 )
=17.392/267.9695
=6.49 %

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 6.49% mean?
K.C. Metalsheet PCL (BKK:KCM) has a ROC (Joel Greenblatt) % of 6.49% 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 K.C. Metalsheet PCL and its competitors. This is 411% above median its historical median of 1.27. According to the industry distribution chart, K.C. Metalsheet PCL ranks #2412 out of 3065 companies in the Industrial Products industry, placing it in the top 78.7%.
Is K.C. Metalsheet PCL's ROC (Joel Greenblatt) % too high?
K.C. Metalsheet PCL's current ROC (Joel Greenblatt) % of 6.49% is 411% above median its 10-year median of 1.27. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.68. K.C. Metalsheet PCL's value of 6.49% is 44.4% below this industry median. Based on the distribution chart, K.C. Metalsheet PCL ranks #2412 out of 3065 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, K.C. Metalsheet PCL has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K.C. Metalsheet PCL's ROC (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, K.C. Metalsheet PCL ranks #2412 out of 3065 companies for ROC (Joel Greenblatt) %. This places K.C. Metalsheet PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.68. K.C. Metalsheet PCL's value of 6.49% is 44.4% below this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 11.68, K.C. Metalsheet 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.68, based on 3,065 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. K.C. Metalsheet PCL's current ROC (Joel Greenblatt) % of 6.49% is 44.4% 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 K.C. Metalsheet PCL and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K.C. Metalsheet PCL's current ROC (Joel Greenblatt) % is 6.49%, which is 411% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K.C. Metalsheet PCL stock overvalued right now?
Based on GuruFocus' analysis, K.C. Metalsheet PCL (BKK:KCM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.21, compared to a current price of ฿0.26 — trading 23.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.49%, which is 411% above median its 10-year median of 1.27 and 44.4% below the Industrial Products industry median of 11.68. K.C. Metalsheet PCL's overall GF Score™ is 36/100 with 8 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 K.C. Metalsheet PCL (BKK:KCM), the current ROC (Joel Greenblatt) % is 6.49% 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 K.C. Metalsheet PCL (BKK:KCM) Overvalued in 2026?

Based on GuruFocus' analysis, K.C. Metalsheet PCL stock appears to be overvalued. The current stock price of ฿0.26 is trading 23.8% above its estimated GF Value™ of ฿0.21. GuruFocus considers K.C. Metalsheet PCL to be Modestly Overvalued.

Key valuation signals for BKK:KCM:

  • ROC (Joel Greenblatt) %: 6.49% (411% above median its 10-year median of 1.27)
  • GF Value™: ฿0.21 vs. price of ฿0.26 (23.8% above fair value)
  • GF Score™: 36/100 with 8 warning signs
  • Industry Position: 44.4% below the Industrial Products median (#2412 of 3065)

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


K.C. Metalsheet PCL Business Description

Address Liang Mueang Road, 567 Moo 2, Tambol Phra Lap, Amphur Muang Khon Kaen, Khon Kaen, THA, 40000
K.C. Metalsheet PCL is engaged in the manufacture and distribution of metal sheets for roofing and various other metal sheets. The company includes segments: Sales: Manufacturer and distributor of metal sheets, Contract work: Sales of manufactured goods under contract with the customers, and construction service, Services income: Roof installation services with metal sheets and various steel goods, and Rental income: Property rental service. The majority of the company's revenue is from the Sales Segment. The Group operates in a domestic.
36GF Score

Get the complete analysis for BKK:KCM

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

฿0.26
Price
฿0.21
GF Value