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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. Quality Hospitality Leasehold Property Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 0.00%.
BKK:QHOP's ROC (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 178.11 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
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.
Quality Hospitality Leasehold Property Fund ROC (Joel Greenblatt) % Chart
Quality Hospitality Leasehold Property Fund Annual Data
BKK:QHOP vs EQIX, AMT, DLR: ROC (Joel Greenblatt) % Comparison
For the REIT - Specialty subindustry, Quality Hospitality Leasehold Property Fund'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.
Quality Hospitality Leasehold Property Fund ROC (Joel Greenblatt) % vs REITs Industry
Quality Hospitality Leasehold Property Fund 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 (Jun. 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 0.00% mean?
Quality Hospitality Leasehold Property Fund (BKK:QHOP) has a ROC (Joel Greenblatt) % of 0.00% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Quality Hospitality Leasehold Property Fund and its competitors. Over the past decade, Quality Hospitality Leasehold Property Fund's ROC (Joel Greenblatt) % has ranged from 6.33 to 6.33. According to the industry distribution chart, Quality Hospitality Leasehold Property Fund ranks #999999 out of 573 companies in the REITs industry.
Is Quality Hospitality Leasehold Property Fund's ROC (Joel Greenblatt) % too high?
Quality Hospitality Leasehold Property Fund's current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 6.33. Based on the distribution chart, Quality Hospitality Leasehold Property Fund ranks #999999 out of 573 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Quality Hospitality Leasehold Property Fund has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quality Hospitality Leasehold Property Fund's ROC (Joel Greenblatt) % compare to EQIX and AMT?
According to the REITs industry distribution chart, Quality Hospitality Leasehold Property Fund ranks #999999 out of 573 companies for ROC (Joel Greenblatt) %. This places Quality Hospitality Leasehold Property Fund in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 178.11. Historically, Quality Hospitality Leasehold Property Fund's own ROC (Joel Greenblatt) % has ranged from 6.33 to 6.33 over the past decade. 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 178.11, based on 573 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. 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 Quality Hospitality Leasehold Property Fund and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 178.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality Hospitality Leasehold Property Fund's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Hospitality Leasehold Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Quality Hospitality Leasehold Property Fund (BKK:QHOP) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿9.39, compared to a current price of ฿3.22 — trading 65.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Quality Hospitality Leasehold Property Fund's overall GF Score™ is 77/100 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 Quality Hospitality Leasehold Property Fund (BKK:QHOP), the current ROC (Joel Greenblatt) % is 0.00% as of Jun. 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 Quality Hospitality Leasehold Property Fund (BKK:QHOP) Overvalued in 2026?
Based on GuruFocus' analysis, Quality Hospitality Leasehold Property Fund stock appears to be undervalued.
The current stock price of ฿3.22 is trading 65.7% below its estimated GF Value™ of ฿9.39.
GuruFocus considers Quality Hospitality Leasehold Property Fund to be Significantly Undervalued.
Key valuation signals for BKK:QHOP:
ROC (Joel Greenblatt) %: 0.00%
GF Value™: ฿9.39 vs. price of ฿3.22 (65.7% below fair value)
No single metric tells the full story. See the BKK:QHOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quality Hospitality Leasehold Property Fund is a close-ended leasehold property fund and a specific property fund. The Fund's objective is to mobilize funds from the public and general investors to purchase and lease immovable properties and to seek benefits from those properties including the modification, development, and disposal of the properties, which the Fund invests in or possesses by way of letting, subletting and disposal for the benefit of the properties themselves and to generate income and return for unit holders and the Fund.
77GF Score
Get the complete analysis for BKK:QHOP
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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