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Project Planning Service PCLBKK:PPS 42 ROC (Joel Greenblatt) % is 23.62% as of Mar. 2026, which is 48% below its 10-year median of 45.44. GuruFocus rates BKK:PPS with a GF Score™ of 42/100 and a GF Value™ of ฿0.25 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,782 Construction companies, Project Planning Service PCL ranks better than 81.03% 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. Project Planning Service PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.62%.
The historical rank and industry rank for Project Planning Service PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:PPS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.39 Med: 45.44 Max: 195.53
Current: 61.79
During the past 13 years, Project Planning Service PCL's highest ROC (Joel Greenblatt) % was 195.53%. The lowest was -10.39%. And the median was 45.44%.
BKK:PPS's ROC (Joel Greenblatt) % is ranked better than 81.03% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs BKK:PPS: 61.79
Project Planning Service PCL (BKK:PPS) 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.
* 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.
Project Planning Service PCL ROC (Joel Greenblatt) % Chart
BKK:PPS vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Project Planning Service 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.
Project Planning Service PCL ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Project Planning Service PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Project Planning Service PCL's ROC (Joel Greenblatt) % falls into.
Project Planning Service 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 23.62% mean?
Project Planning Service PCL (BKK:PPS) has a ROC (Joel Greenblatt) % of 23.62% 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 Project Planning Service PCL and its competitors. This is 48% below median its historical median of 45.44. According to the industry distribution chart, Project Planning Service PCL ranks #338 out of 1782 companies in the Construction industry, placing it in the top 19%.
Is Project Planning Service PCL's ROC (Joel Greenblatt) % too high?
Project Planning Service PCL's current ROC (Joel Greenblatt) % of 23.62% is 48% below median its 10-year median of 45.44. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Project Planning Service PCL's value of 23.62% is 20.5% above this industry median. Based on the distribution chart, Project Planning Service PCL ranks #338 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Project Planning Service PCL has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Planning Service PCL's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Project Planning Service PCL ranks #338 out of 1782 companies for ROC (Joel Greenblatt) %. This places Project Planning Service PCL in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.60. Project Planning Service PCL's value of 23.62% is 20.5% above this benchmark. While the company's 10-year median is 45.44 vs. the industry median of 19.60, Project Planning Service 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.60, based on 1,782 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. Project Planning Service PCL's current ROC (Joel Greenblatt) % of 23.62% is 20.5% 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 Project Planning Service PCL and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Project Planning Service PCL's current ROC (Joel Greenblatt) % is 23.62%, which is 48% below median its own 10-year median of 45.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Planning Service PCL stock overvalued right now?
Based on GuruFocus' analysis, Project Planning Service PCL (BKK:PPS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.25, compared to a current price of ฿0.18 — trading 28% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.62%, which is 48% below median its 10-year median of 45.44 and 20.5% above the Construction industry median of 19.60. Project Planning Service PCL's overall GF Score™ is 42/100 with 2 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 Project Planning Service PCL (BKK:PPS), the current ROC (Joel Greenblatt) % is 23.62% 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 Project Planning Service PCL (BKK:PPS) Overvalued in 2026?
Based on GuruFocus' analysis, Project Planning Service PCL stock appears to be undervalued.
The current stock price of ฿0.18 is trading 28% below its estimated GF Value™ of ฿0.25.
GuruFocus considers Project Planning Service PCL to be Modestly Undervalued.
Key valuation signals for BKK:PPS:
ROC (Joel Greenblatt) %: 23.62% (48% below median its 10-year median of 45.44)
GF Value™: ฿0.25 vs. price of ฿0.18 (28% below fair value)
Industry Position: 20.5% above the Construction median (#338 of 1782)
No single metric tells the full story. See the BKK:PPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Project Planning Service PCL is engaged in the business of engineering consultation services, construction project consultation and management, and utility system construction projects. It offers services such as design management, engineering design, project feasibility study, construction management, architectural design, project planning, and engineering procurement and construction services, among others. The group also engaged in operations involving virtually in the business of engineering advisory and project design. The group operates in Thailand and overseas, of which the majority of revenue is in Thailand.
42GF 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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