Masstec Link PCL (BKK:MASTEC) ROC (Joel Greenblatt) %: 11.20% (As of Dec. 2025) — 13% Below Median

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BKK:MASTEC Masstec Link PCL BKK:MASTEC
17 GF Score
Price ฿2.06
! 7 Warning Signs
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What is Masstec Link PCL ROC (Joel Greenblatt) %?

Masstec Link PCL BKK:MASTEC 17 ROC (Joel Greenblatt) % is 11.20% as of Dec. 2025, which is 13% below its 10-year median of 12.83. GuruFocus rates BKK:MASTEC with a GF Score™ of 17/100. The stock has 7 warning signs investors should review. Among 158 Industrial Distribution companies, Masstec Link PCL ranks worse than 65.82% 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. Masstec Link PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.20%.

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

BKK:MASTEC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.31   Med: 12.83   Max: 12.85
Current: 8.31

During the past 3 years, Masstec Link PCL's highest ROC (Joel Greenblatt) % was 12.85%. The lowest was 8.31%. And the median was 12.83%.

BKK:MASTEC's ROC (Joel Greenblatt) % is ranked worse than
65.82% of 158 companies
in the Industrial Distribution industry
Industry Median: 14.645 vs BKK:MASTEC: 8.31

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


Masstec Link PCL  (BKK:MASTEC) 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.


Masstec Link PCL ROC (Joel Greenblatt) % Related Terms


Masstec Link PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Masstec Link 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.

Masstec Link PCL ROC (Joel Greenblatt) % Chart

Masstec Link PCL Annual Data
Trend Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
12.85 12.83 8.37

Masstec Link PCL Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % 0.00 3.11 23.90 5.36 11.20

BKK:MASTEC vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison

For the Industrial Distribution subindustry, Masstec Link 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.


Masstec Link PCL ROC (Joel Greenblatt) % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Masstec Link PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:MASTEC
17GF Score
Masstec Link PCL BKK:MASTEC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Masstec Link 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.165 + 252.09 + 11.533) - (99.266 + 10.57 + 2.249)
=321.703

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.311 + 272.209 + 10.35) - (127.842 + 10.763 + 1.6430000000001)
=313.622

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Masstec Link PCL for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.492/( ( (179.435 + max(321.703, 0)) + (176.058 + max(313.622, 0)) )/ 2 )
=55.492/( ( 501.138 + 489.68 )/ 2 )
=55.492/495.409
=11.20 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 11.20% mean?
Masstec Link PCL (BKK:MASTEC) has a ROC (Joel Greenblatt) % of 11.20% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Masstec Link PCL and its competitors. This is 13% below median its historical median of 12.83. Over the past decade, Masstec Link PCL's ROC (Joel Greenblatt) % has ranged from 8.31 to 12.85. According to the industry distribution chart, Masstec Link PCL ranks #104 out of 158 companies in the Industrial Distribution industry, placing it in the top 65.8%.
Is Masstec Link PCL's ROC (Joel Greenblatt) % too high?
Masstec Link PCL's current ROC (Joel Greenblatt) % of 11.20% is 13% below median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 8.31 to a high of 12.85. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.65. Masstec Link PCL's value of 11.20% is 23.5% below this industry median. Based on the distribution chart, Masstec Link PCL ranks #104 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Masstec Link PCL has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Masstec Link PCL's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Masstec Link PCL ranks #104 out of 158 companies for ROC (Joel Greenblatt) %. This places Masstec Link PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.65. Masstec Link PCL's value of 11.20% is 23.5% below this benchmark. Historically, Masstec Link PCL's own ROC (Joel Greenblatt) % has ranged from 8.31 to 12.85 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 14.65, Masstec Link 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 Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.65, based on 158 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. Masstec Link PCL's current ROC (Joel Greenblatt) % of 11.20% is 23.5% 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 Masstec Link PCL and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Masstec Link PCL's current ROC (Joel Greenblatt) % is 11.20%, which is 13% below median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masstec Link PCL stock overvalued right now?
Masstec Link PCL (BKK:MASTEC) has a current ROC (Joel Greenblatt) % of 11.20%. The current ROC (Joel Greenblatt) % is 11.20%, which is 13% below median its 10-year median of 12.83 and 23.5% below the Industrial Distribution industry median of 14.65. Masstec Link PCL's overall GF Score™ is 17/100 with 7 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 Masstec Link PCL (BKK:MASTEC), the current ROC (Joel Greenblatt) % is 11.20% as of Dec. 2025. 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.

Masstec Link PCL Business Description

Address No. 74 Nak Niwat 48 Alley, Nak Niwas Road, Lat Phrao Subdistrict, Lat Phrao District, Bangkok, THA, 10230
Masstec Link PCL imports and supplies engineering products. The segment information can be classified into two categories: Sales segment: This segment involves the distribution of equipment for air conditioning systems, sanitary systems, fire protection systems, refrigerant piping systems, air duct systems, swimming pool systems, water pumping systems, fire barrier systems, and electric vehicle charging; Service segment: This segment provides procurement, design, installation, and repair maintenance service related to air conditioning systems, sanitary systems, fire protection systems, water pumping systems, cooling tower systems, air duct systems, fire barrier systems, energy-saving products for water treatment systems, cooling systems, chilled water systems for commercial AC.
17GF Score

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

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