Lalin Property PCLBKK:LALIN-R 57 ROC (Joel Greenblatt) % is 2.97% as of Mar. 2026, which is 75% below its 10-year median of 11.93. GuruFocus rates BKK:LALIN-R with a GF Score™ of 57/100 and a GF Value™ of ฿4.48. The stock has 4 warning signs investors should review. Among 1,753 Real Estate companies, Lalin Property PCL ranks worse than 66.57% 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. Lalin Property PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.97%.
The historical rank and industry rank for Lalin Property PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:LALIN-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.46 Med: 11.93 Max: 19.39
Current: 4.46
During the past 13 years, Lalin Property PCL's highest ROC (Joel Greenblatt) % was 19.39%. The lowest was 4.46%. And the median was 11.93%.
BKK:LALIN-R's ROC (Joel Greenblatt) % is ranked worse than 66.57% of 1753
companies
in the Real Estate industry
Industry Median: 12.5
vs BKK:LALIN-R: 4.46
Lalin Property PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -26.60% 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.
Lalin Property PCL ROC (Joel Greenblatt) % Related Terms
Lalin Property PCL ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Lalin Property 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.
For the Real Estate - Development subindustry, Lalin Property 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.
Lalin Property PCL ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lalin Property PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lalin Property 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 2.97% mean?
Lalin Property PCL (BKK:LALIN-R) has a ROC (Joel Greenblatt) % of 2.97% 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 Lalin Property PCL and its competitors. This is 75% below median its historical median of 11.93. Over the past decade, Lalin Property PCL's ROC (Joel Greenblatt) % has ranged from 4.46 to 19.39. According to the industry distribution chart, Lalin Property PCL ranks #1167 out of 1753 companies in the Real Estate industry, placing it in the top 66.6%.
Is Lalin Property PCL's ROC (Joel Greenblatt) % too high?
Lalin Property PCL's current ROC (Joel Greenblatt) % of 2.97% is 75% below median its 10-year median of 11.93. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 19.39. The Real Estate industry median ROC (Joel Greenblatt) % is 12.50. Lalin Property PCL's value of 2.97% is 76.2% below this industry median. Based on the distribution chart, Lalin Property PCL ranks #1167 out of 1753 companies in the Real Estate industry, which is below the industry midpoint. Overall, Lalin Property PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Lalin Property PCL's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Lalin Property PCL ranks #1167 out of 1753 companies for ROC (Joel Greenblatt) %. This places Lalin Property PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.50. Lalin Property PCL's value of 2.97% is 76.2% below this benchmark. Historically, Lalin Property PCL's own ROC (Joel Greenblatt) % has ranged from 4.46 to 19.39 over the past decade. While the company's 10-year median is 11.93 vs. the industry median of 12.50, Lalin Property 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.50, based on 1,753 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. Lalin Property PCL's current ROC (Joel Greenblatt) % of 2.97% is 76.2% 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 Lalin Property PCL and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lalin Property PCL's current ROC (Joel Greenblatt) % is 2.97%, which is 75% below median its own 10-year median of 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lalin Property PCL stock overvalued right now?
Lalin Property PCL (BKK:LALIN-R) has a current ROC (Joel Greenblatt) % of 2.97%. The stock's GF Value™ is ฿4.48, compared to a current price of ฿4.56 — trading 1.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 2.97%, which is 75% below median its 10-year median of 11.93 and 76.2% below the Real Estate industry median of 12.50. Lalin Property PCL's overall GF Score™ is 57/100 with 4 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 Lalin Property PCL (BKK:LALIN-R), the current ROC (Joel Greenblatt) % is 2.97% 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 Lalin Property PCL (BKK:LALIN-R) Overvalued in 2026?
Based on GuruFocus' analysis, Lalin Property PCL stock appears to be overvalued.
The current stock price of ฿4.56 is trading 1.8% above its estimated GF Value™ of ฿4.48.
Key valuation signals for BKK:LALIN-R:
ROC (Joel Greenblatt) %: 2.97% (75% below median its 10-year median of 11.93)
GF Value™: ฿4.48 vs. price of ฿4.56 (1.8% above fair value)
Industry Position: 76.2% below the Real Estate median (#1167 of 1753)
No single metric tells the full story. See the BKK:LALIN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lalin Property PCL is a Thai property developer. The company is engaged in the development of housing projects, including townhomes, condominiums, single houses, and zone projects for sale. Some of its projects include House Pracha Uthit, House Rangsit, House Lam Luk Ka, House Ram Intra, Townhome Bangna, Townhome Rangsit, and others.
57GF Score
Get the complete analysis for BKK:LALIN-R
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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