Shangri-La Hotel PCLBKK:SHANG-R 87 ROC (Joel Greenblatt) % is 31.78% as of Mar. 2026, which is 48% above its 10-year median of 21.47. GuruFocus rates BKK:SHANG-R with a GF Score™ of 87/100 and a GF Value™ of ฿49.81. The stock has 2 warning signs investors should review. Among 846 Travel & Leisure companies, Shangri-La Hotel PCL ranks better than 63.36% 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. Shangri-La Hotel PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.78%.
The historical rank and industry rank for Shangri-La Hotel PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:SHANG-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29.35 Med: 21.47 Max: 41.2
Current: 17.27
During the past 13 years, Shangri-La Hotel PCL's highest ROC (Joel Greenblatt) % was 41.20%. The lowest was -29.35%. And the median was 21.47%.
BKK:SHANG-R's ROC (Joel Greenblatt) % is ranked better than 63.36% of 846
companies
in the Travel & Leisure industry
Industry Median: 10.02
vs BKK:SHANG-R: 17.27
Shangri-La Hotel PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Shangri-La Hotel PCL (BKK:SHANG-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.
Shangri-La Hotel PCL ROC (Joel Greenblatt) % Related Terms
Shangri-La Hotel PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Shangri-La Hotel 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.
Shangri-La Hotel PCL ROC (Joel Greenblatt) % Chart
BKK:SHANG-R vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Shangri-La Hotel 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.
Shangri-La Hotel PCL ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shangri-La Hotel PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shangri-La Hotel PCL's ROC (Joel Greenblatt) % falls into.
Shangri-La Hotel 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 31.78% mean?
Shangri-La Hotel PCL (BKK:SHANG-R) has a ROC (Joel Greenblatt) % of 31.78% 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 Shangri-La Hotel PCL and its competitors. This is 48% above median its historical median of 21.47. According to the industry distribution chart, Shangri-La Hotel PCL ranks #310 out of 846 companies in the Travel & Leisure industry, placing it in the top 36.6%.
Is Shangri-La Hotel PCL's ROC (Joel Greenblatt) % too high?
Shangri-La Hotel PCL's current ROC (Joel Greenblatt) % of 31.78% is 48% above median its 10-year median of 21.47. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.02. Shangri-La Hotel PCL's value of 31.78% is 217.2% above this industry median. Based on the distribution chart, Shangri-La Hotel PCL ranks #310 out of 846 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Shangri-La Hotel PCL has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Shangri-La Hotel PCL's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shangri-La Hotel PCL ranks #310 out of 846 companies for ROC (Joel Greenblatt) %. This puts Shangri-La Hotel PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.02. Shangri-La Hotel PCL's value of 31.78% is 217.2% above this benchmark. While the company's 10-year median is 21.47 vs. the industry median of 10.02, Shangri-La Hotel 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.02, based on 846 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. Shangri-La Hotel PCL's current ROC (Joel Greenblatt) % of 31.78% is 217.2% 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 Shangri-La Hotel PCL and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangri-La Hotel PCL's current ROC (Joel Greenblatt) % is 31.78%, which is 48% above median its own 10-year median of 21.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangri-La Hotel PCL stock overvalued right now?
Shangri-La Hotel PCL (BKK:SHANG-R) has a current ROC (Joel Greenblatt) % of 31.78%. The stock's GF Value™ is ฿49.81, compared to a current price of ฿44.50 — trading 10.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 31.78%, which is 48% above median its 10-year median of 21.47 and 217.2% above the Travel & Leisure industry median of 10.02. Shangri-La Hotel PCL's overall GF Score™ is 87/100 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 Shangri-La Hotel PCL (BKK:SHANG-R), the current ROC (Joel Greenblatt) % is 31.78% 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 Shangri-La Hotel PCL (BKK:SHANG-R) Overvalued in 2026?
Based on GuruFocus' analysis, Shangri-La Hotel PCL stock appears to be undervalued.
The current stock price of ฿44.50 is trading 10.7% below its estimated GF Value™ of ฿49.81.
Key valuation signals for BKK:SHANG-R:
ROC (Joel Greenblatt) %: 31.78% (48% above median its 10-year median of 21.47)
GF Value™: ฿49.81 vs. price of ฿44.50 (10.7% below fair value)
Industry Position: 217.2% above the Travel & Leisure median (#310 of 846)
No single metric tells the full story. See the BKK:SHANG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shangri-La Hotel PCL is principally engaged in hotel operations in Bangkok and Chiang Mai provinces in Thailand. It owns and operates Shangri-La Bangkok and Shangri-La Chiang Mai, offering lodging, food and beverage services, facilities for conferences and functions, as well as other services and facilities related to the hotel business and investment holding. The group has two reportable segments, as follows: the Hotel business, which generates the maximum revenue, and Holding investment.
87GF Score
Get the complete analysis for BKK:SHANG-R
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:SHANG-R has been successfully added to your 
