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Wattana Karnpaet PCLBKK:NEW 75 ROC (Joel Greenblatt) % is 9.40% as of Mar. 2026, which is 41% above its 10-year median of 6.66. GuruFocus rates BKK:NEW with a GF Score™ of 75/100 and a GF Value™ of ฿96.91 (Fairly Valued). The stock has 1 warning sign investors should review. Among 667 Healthcare Providers & Services companies, Wattana Karnpaet PCL ranks better than 51.27% 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. Wattana Karnpaet PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.40%.
The historical rank and industry rank for Wattana Karnpaet PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:NEW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.49 Med: 6.66 Max: 35.17
Current: 13.22
During the past 13 years, Wattana Karnpaet PCL's highest ROC (Joel Greenblatt) % was 35.17%. The lowest was 1.49%. And the median was 6.66%.
BKK:NEW's ROC (Joel Greenblatt) % is ranked better than 51.27% of 667
companies
in the Healthcare Providers & Services industry
Industry Median: 12.46
vs BKK:NEW: 13.22
Wattana Karnpaet PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 49.50% 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.
Wattana Karnpaet PCL ROC (Joel Greenblatt) % Related Terms
Wattana Karnpaet PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Wattana Karnpaet 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.
BKK:NEW vs HCA, THC, DVA: ROC (Joel Greenblatt) % Comparison
For the Medical Care Facilities subindustry, Wattana Karnpaet 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.
Wattana Karnpaet PCL ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Wattana Karnpaet 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 9.40% mean?
Wattana Karnpaet PCL (BKK:NEW) has a ROC (Joel Greenblatt) % of 9.40% 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 Wattana Karnpaet PCL and its competitors. This is 41% above median its historical median of 6.66. Over the past decade, Wattana Karnpaet PCL's ROC (Joel Greenblatt) % has ranged from 1.49 to 35.17. According to the industry distribution chart, Wattana Karnpaet PCL ranks #325 out of 667 companies in the Healthcare Providers & Services industry, placing it in the top 48.7%.
Is Wattana Karnpaet PCL's ROC (Joel Greenblatt) % too high?
Wattana Karnpaet PCL's current ROC (Joel Greenblatt) % of 9.40% is 41% above median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 35.17. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.46. Wattana Karnpaet PCL's value of 9.40% is 24.6% below this industry median. Based on the distribution chart, Wattana Karnpaet PCL ranks #325 out of 667 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Wattana Karnpaet PCL has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wattana Karnpaet PCL's ROC (Joel Greenblatt) % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Wattana Karnpaet PCL ranks #325 out of 667 companies for ROC (Joel Greenblatt) %. This puts Wattana Karnpaet PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.46. Wattana Karnpaet PCL's value of 9.40% is 24.6% below this benchmark. Historically, Wattana Karnpaet PCL's own ROC (Joel Greenblatt) % has ranged from 1.49 to 35.17 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 12.46, Wattana Karnpaet 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.46, based on 667 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. Wattana Karnpaet PCL's current ROC (Joel Greenblatt) % of 9.40% is 24.6% 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 Wattana Karnpaet PCL and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wattana Karnpaet PCL's current ROC (Joel Greenblatt) % is 9.40%, which is 41% above median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wattana Karnpaet PCL stock overvalued right now?
Based on GuruFocus' analysis, Wattana Karnpaet PCL (BKK:NEW) is currently considered Fairly Valued. The stock's GF Value™ is ฿96.91, compared to a current price of ฿104.00 — trading 7.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.40%, which is 41% above median its 10-year median of 6.66 and 24.6% below the Healthcare Providers & Services industry median of 12.46. Wattana Karnpaet PCL's overall GF Score™ is 75/100 with 1 warning sign 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 Wattana Karnpaet PCL (BKK:NEW), the current ROC (Joel Greenblatt) % is 9.40% 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 Wattana Karnpaet PCL (BKK:NEW) Overvalued in 2026?
Based on GuruFocus' analysis, Wattana Karnpaet PCL stock appears to be overvalued.
The current stock price of ฿104.00 is trading 7.3% above its estimated GF Value™ of ฿96.91.
GuruFocus considers Wattana Karnpaet PCL to be Fairly Valued.
Key valuation signals for BKK:NEW:
ROC (Joel Greenblatt) %: 9.40% (41% above median its 10-year median of 6.66)
GF Value™: ฿96.91 vs. price of ฿104.00 (7.3% above fair value)
Industry Position: 24.6% below the Healthcare Providers & Services median (#325 of 667)
No single metric tells the full story. See the BKK:NEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital. It has a single segment of operation, namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms, which are derived from the provision of services to various types and a large number of customers. Geographically, the company's operations are carried out in Thailand.
75GF Score
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