Sino Logistics PCL (BKK:SINO) ROC (Joel Greenblatt) %: 5.62% (As of Mar. 2026) — 82% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SINO Sino Logistics Corp PCL BKK:SINO
19 GF Score
Price ฿0.94
GF Value ฿0.98
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Sino Logistics PCL ROC (Joel Greenblatt) %?

Sino Logistics PCL BKK:SINO -2.08% 19 ROC (Joel Greenblatt) % is 5.62% as of Mar. 2026, which is 82% below its 10-year median of 31.42. GuruFocus rates BKK:SINO with a GF Score™ of 19/100 and a GF Value™ of ฿0.98 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,000 Transportation companies, Sino Logistics PCL ranks better than 56.1% 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. Sino Logistics PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.62%.

The historical rank and industry rank for Sino Logistics PCL's ROC (Joel Greenblatt) % or its related term are showing as below:

BKK:SINO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.83   Med: 31.42   Max: 428.32
Current: 13.83

During the past 5 years, Sino Logistics PCL's highest ROC (Joel Greenblatt) % was 428.32%. The lowest was 13.83%. And the median was 31.42%.

BKK:SINO's ROC (Joel Greenblatt) % is ranked better than
56.1% of 1000 companies
in the Transportation industry
Industry Median: 11.73 vs BKK:SINO: 13.83

Sino Logistics PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Sino Logistics PCL  (BKK:SINO) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Sino Logistics PCL ROC (Joel Greenblatt) % Related Terms


Sino Logistics PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sino Logistics 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.

Sino Logistics PCL ROC (Joel Greenblatt) % Chart

Sino Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
176.76 428.32 31.42 30.25 20.92

Sino Logistics PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.77 16.24 25.37 6.81 5.62

BKK:SINO vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Sino Logistics 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.


Sino Logistics PCL ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Sino Logistics PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sino Logistics PCL's ROC (Joel Greenblatt) % falls into.


BKK:SINO
19GF Score
Sino Logistics Corp PCL BKK:SINO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino Logistics 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(336.093 + 0 + 101.983) - (132.742 + 105.659 + 28.282)
=171.393

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(342.958 + 0 + 96.008) - (154.539 + 87.085 + 31.24)
=166.102

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sino Logistics PCL for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24.056/( ( (270.941 + max(171.393, 0)) + (247.412 + max(166.102, 0)) )/ 2 )
=24.056/( ( 442.334 + 413.514 )/ 2 )
=24.056/427.924
=5.62 %

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 5.62% mean?
Sino Logistics PCL (BKK:SINO) has a ROC (Joel Greenblatt) % of 5.62% 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 Sino Logistics PCL and its competitors. This is 82% below median its historical median of 31.42. Over the past decade, Sino Logistics PCL's ROC (Joel Greenblatt) % has ranged from 13.83 to 428.32. According to the industry distribution chart, Sino Logistics PCL ranks #439 out of 1000 companies in the Transportation industry, placing it in the top 43.9%.
Is Sino Logistics PCL's ROC (Joel Greenblatt) % too high?
Sino Logistics PCL's current ROC (Joel Greenblatt) % of 5.62% is 82% below median its 10-year median of 31.42. Over the past 10 years, this metric has ranged from a low of 13.83 to a high of 428.32. The Transportation industry median ROC (Joel Greenblatt) % is 11.73. Sino Logistics PCL's value of 5.62% is 52.1% below this industry median. Based on the distribution chart, Sino Logistics PCL ranks #439 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, Sino Logistics PCL has a GF Score™ of 19/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sino Logistics PCL's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Sino Logistics PCL ranks #439 out of 1000 companies for ROC (Joel Greenblatt) %. This puts Sino Logistics PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.73. Sino Logistics PCL's value of 5.62% is 52.1% below this benchmark. Historically, Sino Logistics PCL's own ROC (Joel Greenblatt) % has ranged from 13.83 to 428.32 over the past decade. While the company's 10-year median is 31.42 vs. the industry median of 11.73, Sino Logistics 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.73, based on 1,000 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. Sino Logistics PCL's current ROC (Joel Greenblatt) % of 5.62% is 52.1% 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 Sino Logistics PCL and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Logistics PCL's current ROC (Joel Greenblatt) % is 5.62%, which is 82% below median its own 10-year median of 31.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, Sino Logistics PCL (BKK:SINO) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.98, compared to a current price of ฿0.94 — trading 4.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.62%, which is 82% below median its 10-year median of 31.42 and 52.1% below the Transportation industry median of 11.73. Sino Logistics PCL's overall GF Score™ is 19/100 with 6 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 Sino Logistics PCL (BKK:SINO), the current ROC (Joel Greenblatt) % is 5.62% 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 Sino Logistics PCL (BKK:SINO) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Logistics PCL stock appears to be undervalued. The current stock price of ฿0.94 is trading 4.1% below its estimated GF Value™ of ฿0.98. GuruFocus considers Sino Logistics PCL to be Fairly Valued.

Key valuation signals for BKK:SINO:

  • ROC (Joel Greenblatt) %: 5.62% (82% below median its 10-year median of 31.42)
  • GF Value™: ฿0.98 vs. price of ฿0.94 (4.1% below fair value)
  • GF Score™: 19/100 with 6 warning signs
  • Industry Position: 52.1% below the Transportation median (#439 of 1000)

No single metric tells the full story. See the BKK:SINO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino Logistics PCL Business Description

Address Rama 3 Road, 7th Floor, Unit No. 05, No. 1011, Supalai Grand Tower, Chongnonsee, Yannawa, Bangkok, THA, 10120
Sino Logistics Corp PCL is engaged in international and domestic freight forwarding, for sea freight, air freight, land transportation, and multimodal transport operator, warehouse rental service, and provides customs clearance services for imports and exports. The company has four reportable segments, which are sea freight, air freight, and logistics support. It generates the majority of its revenue from Sea freight.
19GF Score

Get the complete analysis for BKK:SINO

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.94
Price
฿0.98
GF Value