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S 11 Group PCLBKK:S11 60 ROC (Joel Greenblatt) % is 26.48% as of Jun. 2026, which is 18% above its 10-year median of 22.49. GuruFocus rates BKK:S11 with a GF Score™ of 60/100 and a GF Value™ of ฿2.77 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 419 Credit Services companies, S 11 Group PCL ranks worse than 53.46% 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. S 11 Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 26.48%.
The historical rank and industry rank for S 11 Group PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:S11'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.46 Med: 22.49 Max: 66.4
Current: 23.61
During the past 12 years, S 11 Group PCL's highest ROC (Joel Greenblatt) % was 66.40%. The lowest was 7.46%. And the median was 22.49%.
BKK:S11's ROC (Joel Greenblatt) % is ranked worse than 53.46% of 419
companies
in the Credit Services industry
Industry Median: 35.73
vs BKK:S11: 23.61
S 11 Group PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.00% per year.
S 11 Group PCL (BKK:S11) 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.
S 11 Group PCL ROC (Joel Greenblatt) % Related Terms
S 11 Group PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for S 11 Group 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:S11 vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison
For the Credit Services subindustry, S 11 Group 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.
S 11 Group PCL ROC (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, S 11 Group PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where S 11 Group PCL's ROC (Joel Greenblatt) % falls into.
S 11 Group 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 (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 26.48% mean?
S 11 Group PCL (BKK:S11) has a ROC (Joel Greenblatt) % of 26.48% 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 S 11 Group PCL and its competitors. This is 18% above median its historical median of 22.49. Over the past decade, S 11 Group PCL's ROC (Joel Greenblatt) % has ranged from 7.46 to 66.40. According to the industry distribution chart, S 11 Group PCL ranks #224 out of 419 companies in the Credit Services industry, placing it in the top 53.5%.
Is S 11 Group PCL's ROC (Joel Greenblatt) % too high?
S 11 Group PCL's current ROC (Joel Greenblatt) % of 26.48% is 18% above median its 10-year median of 22.49. Over the past 10 years, this metric has ranged from a low of 7.46 to a high of 66.40. The Credit Services industry median ROC (Joel Greenblatt) % is 35.73. S 11 Group PCL's value of 26.48% is 25.9% below this industry median. Based on the distribution chart, S 11 Group PCL ranks #224 out of 419 companies in the Credit Services industry, which is below the industry midpoint. Overall, S 11 Group PCL has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S 11 Group PCL's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, S 11 Group PCL ranks #224 out of 419 companies for ROC (Joel Greenblatt) %. This places S 11 Group PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 35.73. S 11 Group PCL's value of 26.48% is 25.9% below this benchmark. Historically, S 11 Group PCL's own ROC (Joel Greenblatt) % has ranged from 7.46 to 66.40 over the past decade. While the company's 10-year median is 22.49 vs. the industry median of 35.73, S 11 Group 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 35.73, based on 419 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. S 11 Group PCL's current ROC (Joel Greenblatt) % of 26.48% is 25.9% 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 S 11 Group PCL and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 35.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S 11 Group PCL's current ROC (Joel Greenblatt) % is 26.48%, which is 18% above median its own 10-year median of 22.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S 11 Group PCL stock overvalued right now?
Based on GuruFocus' analysis, S 11 Group PCL (BKK:S11) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.77, compared to a current price of ฿4.70 — trading 69.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 26.48%, which is 18% above median its 10-year median of 22.49 and 25.9% below the Credit Services industry median of 35.73. S 11 Group PCL's overall GF Score™ is 60/100 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 S 11 Group PCL (BKK:S11), the current ROC (Joel Greenblatt) % is 26.48% 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 S 11 Group PCL (BKK:S11) Overvalued in 2026?
Based on GuruFocus' analysis, S 11 Group PCL stock appears to be overvalued.
The current stock price of ฿4.70 is trading 69.7% above its estimated GF Value™ of ฿2.77.
GuruFocus considers S 11 Group PCL to be Significantly Overvalued.
Key valuation signals for BKK:S11:
ROC (Joel Greenblatt) %: 26.48% (18% above median its 10-year median of 22.49)
GF Value™: ฿2.77 vs. price of ฿4.70 (69.7% above fair value)
Industry Position: 25.9% below the Credit Services median (#224 of 419)
No single metric tells the full story. See the BKK:S11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S 11 Group PCL is principally engaged in the hire purchase of motorcycles and loans secured against motorcycle registrations. Geographically, the company operates in Thailand.
60GF Score
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