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MK Restaurant Group PCLBKK:M 93 ROC (Joel Greenblatt) % is 11.09% as of Mar. 2026, which is 67% below its 10-year median of 33.16. GuruFocus rates BKK:M with a GF Score™ of 93/100 and a GF Value™ of ฿28.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 361 Restaurants companies, MK Restaurant Group PCL ranks better than 59% 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. MK Restaurant Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.09%.
The historical rank and industry rank for MK Restaurant Group PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:M'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.74 Med: 33.16 Max: 84.3
Current: 13.9
During the past 13 years, MK Restaurant Group PCL's highest ROC (Joel Greenblatt) % was 84.30%. The lowest was 2.74%. And the median was 33.16%.
BKK:M's ROC (Joel Greenblatt) % is ranked better than 59% of 361
companies
in the Restaurants industry
Industry Median: 8.42
vs BKK:M: 13.90
MK Restaurant Group PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.00% per year.
MK Restaurant Group PCL (BKK:M) 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.
MK Restaurant Group PCL ROC (Joel Greenblatt) % Related Terms
MK Restaurant Group PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MK Restaurant Group 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.
MK Restaurant Group PCL ROC (Joel Greenblatt) % Chart
BKK:M vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, MK Restaurant Group 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.
MK Restaurant Group PCL ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, MK Restaurant Group PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MK Restaurant Group PCL's ROC (Joel Greenblatt) % falls into.
MK Restaurant Group 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 11.09% mean?
MK Restaurant Group PCL (BKK:M) has a ROC (Joel Greenblatt) % of 11.09% 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 MK Restaurant Group PCL and its competitors. This is 67% below median its historical median of 33.16. Over the past decade, MK Restaurant Group PCL's ROC (Joel Greenblatt) % has ranged from 2.74 to 84.30. According to the industry distribution chart, MK Restaurant Group PCL ranks #148 out of 361 companies in the Restaurants industry, placing it in the top 41%.
Is MK Restaurant Group PCL's ROC (Joel Greenblatt) % too high?
MK Restaurant Group PCL's current ROC (Joel Greenblatt) % of 11.09% is 67% below median its 10-year median of 33.16. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 84.30. The Restaurants industry median ROC (Joel Greenblatt) % is 8.42. MK Restaurant Group PCL's value of 11.09% is 31.7% above this industry median. Based on the distribution chart, MK Restaurant Group PCL ranks #148 out of 361 companies in the Restaurants industry, which is above the industry midpoint. Overall, MK Restaurant Group PCL has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MK Restaurant Group PCL's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MK Restaurant Group PCL ranks #148 out of 361 companies for ROC (Joel Greenblatt) %. This puts MK Restaurant Group PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.42. MK Restaurant Group PCL's value of 11.09% is 31.7% above this benchmark. Historically, MK Restaurant Group PCL's own ROC (Joel Greenblatt) % has ranged from 2.74 to 84.30 over the past decade. While the company's 10-year median is 33.16 vs. the industry median of 8.42, MK Restaurant Group 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.42, based on 361 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. MK Restaurant Group PCL's current ROC (Joel Greenblatt) % of 11.09% is 31.7% 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 MK Restaurant Group PCL and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MK Restaurant Group PCL's current ROC (Joel Greenblatt) % is 11.09%, which is 67% below median its own 10-year median of 33.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Restaurant Group PCL stock overvalued right now?
Based on GuruFocus' analysis, MK Restaurant Group PCL (BKK:M) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿28.19, compared to a current price of ฿21.60 — trading 23.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.09%, which is 67% below median its 10-year median of 33.16 and 31.7% above the Restaurants industry median of 8.42. MK Restaurant Group PCL's overall GF Score™ is 93/100 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 MK Restaurant Group PCL (BKK:M), the current ROC (Joel Greenblatt) % is 11.09% 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 MK Restaurant Group PCL (BKK:M) Overvalued in 2026?
Based on GuruFocus' analysis, MK Restaurant Group PCL stock appears to be undervalued.
The current stock price of ฿21.60 is trading 23.4% below its estimated GF Value™ of ฿28.19.
GuruFocus considers MK Restaurant Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:M:
ROC (Joel Greenblatt) %: 11.09% (67% below median its 10-year median of 33.16)
GF Value™: ฿28.19 vs. price of ฿21.60 (23.4% below fair value)
Industry Position: 31.7% above the Restaurants median (#148 of 361)
No single metric tells the full story. See the BKK:M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MK Restaurant Group PCL operates in Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. The Group is engaged in two business segments which are restaurant business and other businesses that support restaurant business including training service provider and manufacture and distribution of foods. It generates the majority of its revenue comes from Thailand.
93GF Score
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