Newcity (Bangkok) PCL (BKK:NC-R) ROC (Joel Greenblatt) %: 2.15% (As of Mar. 2026) — 51% Below Median


BKK:NC-R Newcity (Bangkok) PCL BKK:NC-R
61 GF Score
Price ฿1.80
GF Value ฿2.32
! 3 Warning Signs
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What is Newcity (Bangkok) PCL ROC (Joel Greenblatt) %?

Newcity (Bangkok) PCL BKK:NC-R 61 ROC (Joel Greenblatt) % is 2.15% as of Mar. 2026, which is 51% below its 10-year median of 4.39. GuruFocus rates BKK:NC-R with a GF Score™ of 61/100 and a GF Value™ of ฿2.32. The stock has 3 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Newcity (Bangkok) PCL ranks worse than 69.86% 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. Newcity (Bangkok) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.15%.

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

BKK:NC-R' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.76   Med: 4.39   Max: 8.1
Current: 3.43

During the past 13 years, Newcity (Bangkok) PCL's highest ROC (Joel Greenblatt) % was 8.10%. The lowest was -7.76%. And the median was 4.39%.

BKK:NC-R's ROC (Joel Greenblatt) % is ranked worse than
69.86% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 11.545 vs BKK:NC-R: 3.43

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


Newcity (Bangkok) PCL  (BKK:NC-R) 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.


Newcity (Bangkok) PCL ROC (Joel Greenblatt) % Related Terms


Newcity (Bangkok) PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Newcity (Bangkok) 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.

Newcity (Bangkok) PCL ROC (Joel Greenblatt) % Chart

Newcity (Bangkok) 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 -7.31 3.27 8.10 5.07 3.20

Newcity (Bangkok) 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 1.82 8.01 -2.37 5.98 2.15

BKK:NC-R vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison

For the Apparel Retail subindustry, Newcity (Bangkok) 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.


Newcity (Bangkok) PCL ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Newcity (Bangkok) PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:NC-R
61GF Score
Newcity (Bangkok) PCL BKK:NC-R
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Newcity (Bangkok) 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)
=(85.323 + 346.229 + 1.4930000000001) - (83.962 + 3.906 + 3.932)
=341.245

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.961 + 325.26 + 1.572) - (61.522 + 0 + 3.761)
=329.51

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Newcity (Bangkok) 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 )
=7.944/( ( (34.228 + max(341.245, 0)) + (32.905 + max(329.51, 0)) )/ 2 )
=7.944/( ( 375.473 + 362.415 )/ 2 )
=7.944/368.944
=2.15 %

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 2.15% mean?
Newcity (Bangkok) PCL (BKK:NC-R) has a ROC (Joel Greenblatt) % of 2.15% 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 Newcity (Bangkok) PCL and its competitors. This is 51% below median its historical median of 4.39. According to the industry distribution chart, Newcity (Bangkok) PCL ranks #788 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 69.9%.
Is Newcity (Bangkok) PCL's ROC (Joel Greenblatt) % too high?
Newcity (Bangkok) PCL's current ROC (Joel Greenblatt) % of 2.15% is 51% below median its 10-year median of 4.39. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.55. Newcity (Bangkok) PCL's value of 2.15% is 81.4% below this industry median. Based on the distribution chart, Newcity (Bangkok) PCL ranks #788 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Newcity (Bangkok) PCL has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Newcity (Bangkok) PCL's ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Newcity (Bangkok) PCL ranks #788 out of 1128 companies for ROC (Joel Greenblatt) %. This places Newcity (Bangkok) PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.55. Newcity (Bangkok) PCL's value of 2.15% is 81.4% below this benchmark. While the company's 10-year median is 4.39 vs. the industry median of 11.55, Newcity (Bangkok) 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.55, based on 1,128 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. Newcity (Bangkok) PCL's current ROC (Joel Greenblatt) % of 2.15% is 81.4% 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 Newcity (Bangkok) PCL and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newcity (Bangkok) PCL's current ROC (Joel Greenblatt) % is 2.15%, which is 51% below median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcity (Bangkok) PCL stock overvalued right now?
Newcity (Bangkok) PCL (BKK:NC-R) has a current ROC (Joel Greenblatt) % of 2.15%. The stock's GF Value™ is ฿2.32, compared to a current price of ฿1.80 — trading 22.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.15%, which is 51% below median its 10-year median of 4.39 and 81.4% below the Retail - Cyclical industry median of 11.55. Newcity (Bangkok) PCL's overall GF Score™ is 61/100 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 Newcity (Bangkok) PCL (BKK:NC-R), the current ROC (Joel Greenblatt) % is 2.15% 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 Newcity (Bangkok) PCL (BKK:NC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Newcity (Bangkok) PCL stock appears to be undervalued. The current stock price of ฿1.80 is trading 22.4% below its estimated GF Value™ of ฿2.32.

Key valuation signals for BKK:NC-R:

  • ROC (Joel Greenblatt) %: 2.15% (51% below median its 10-year median of 4.39)
  • GF Value™: ฿2.32 vs. price of ฿1.80 (22.4% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 81.4% below the Retail - Cyclical median (#788 of 1128)

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


Newcity (Bangkok) PCL Business Description

Other Exchanges NC:Thailand
Address 666 Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120
Newcity (Bangkok) PCL is mainly engaged in the distribution of pantyhose, cosmetics, innerwear and exercise outfits. The company operates in three segments namely, the Textile segment comprises distribution of textiles and related products which also generates the majority of the revenue, Cosmetic segments comprises of trading and distribution of cosmetics, and Other segment. The Majority of its revenue is earned from the Thailand, while it also has presence in other countries.
61GF Score

Get the complete analysis for BKK:NC-R

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

฿1.80
Price
฿2.32
GF Value