S & P Syndicate PCLBKK:SNP-R 68 ROC (Joel Greenblatt) % is 10.12% as of Mar. 2026, which is 54% below its 10-year median of 21.95. GuruFocus rates BKK:SNP-R with a GF Score™ of 68/100 and a GF Value™ of ฿10.99. The stock has 4 warning signs investors should review. Among 364 Restaurants companies, S & P Syndicate PCL ranks better than 59.89% 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 & P Syndicate PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.12%.
The historical rank and industry rank for S & P Syndicate PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:SNP-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.35 Med: 21.95 Max: 35.11
Current: 14.17
During the past 13 years, S & P Syndicate PCL's highest ROC (Joel Greenblatt) % was 35.11%. The lowest was 12.35%. And the median was 21.95%.
BKK:SNP-R's ROC (Joel Greenblatt) % is ranked better than 59.89% of 364
companies
in the Restaurants industry
Industry Median: 8.38
vs BKK:SNP-R: 14.17
S & P Syndicate PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.30% per year.
S & P Syndicate PCL (BKK:SNP-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.
S & P Syndicate PCL ROC (Joel Greenblatt) % Related Terms
S & P Syndicate PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for S & P Syndicate 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:SNP-R vs MCD, SBUX, CMG: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, S & P Syndicate 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 & P Syndicate PCL ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, S & P Syndicate PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where S & P Syndicate PCL's ROC (Joel Greenblatt) % falls into.
S & P Syndicate 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 10.12% mean?
S & P Syndicate PCL (BKK:SNP-R) has a ROC (Joel Greenblatt) % of 10.12% 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 S & P Syndicate PCL and its competitors. This is 54% below median its historical median of 21.95. Over the past decade, S & P Syndicate PCL's ROC (Joel Greenblatt) % has ranged from 12.35 to 35.11. According to the industry distribution chart, S & P Syndicate PCL ranks #146 out of 364 companies in the Restaurants industry, placing it in the top 40.1%.
Is S & P Syndicate PCL's ROC (Joel Greenblatt) % too high?
S & P Syndicate PCL's current ROC (Joel Greenblatt) % of 10.12% is 54% below median its 10-year median of 21.95. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 35.11. The Restaurants industry median ROC (Joel Greenblatt) % is 8.38. S & P Syndicate PCL's value of 10.12% is 20.8% above this industry median. Based on the distribution chart, S & P Syndicate PCL ranks #146 out of 364 companies in the Restaurants industry, which is above the industry midpoint. Overall, S & P Syndicate PCL has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does S & P Syndicate PCL's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, S & P Syndicate PCL ranks #146 out of 364 companies for ROC (Joel Greenblatt) %. This puts S & P Syndicate PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.38. S & P Syndicate PCL's value of 10.12% is 20.8% above this benchmark. Historically, S & P Syndicate PCL's own ROC (Joel Greenblatt) % has ranged from 12.35 to 35.11 over the past decade. While the company's 10-year median is 21.95 vs. the industry median of 8.38, S & P Syndicate 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.38, based on 364 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 & P Syndicate PCL's current ROC (Joel Greenblatt) % of 10.12% is 20.8% 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 S & P Syndicate PCL and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S & P Syndicate PCL's current ROC (Joel Greenblatt) % is 10.12%, which is 54% below median its own 10-year median of 21.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S & P Syndicate PCL stock overvalued right now?
S & P Syndicate PCL (BKK:SNP-R) has a current ROC (Joel Greenblatt) % of 10.12%. The stock's GF Value™ is ฿10.99, compared to a current price of ฿9.45 — trading 14% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.12%, which is 54% below median its 10-year median of 21.95 and 20.8% above the Restaurants industry median of 8.38. S & P Syndicate PCL's overall GF Score™ is 68/100 with 4 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 & P Syndicate PCL (BKK:SNP-R), the current ROC (Joel Greenblatt) % is 10.12% 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 S & P Syndicate PCL (BKK:SNP-R) Overvalued in 2026?
Based on GuruFocus' analysis, S & P Syndicate PCL stock appears to be undervalued.
The current stock price of ฿9.45 is trading 14% below its estimated GF Value™ of ฿10.99.
Key valuation signals for BKK:SNP-R:
ROC (Joel Greenblatt) %: 10.12% (54% below median its 10-year median of 21.95)
GF Value™: ฿10.99 vs. price of ฿9.45 (14% below fair value)
Industry Position: 20.8% above the Restaurants median (#146 of 364)
No single metric tells the full story. See the BKK:SNP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S & P Syndicate PCL is engaged in the operations of a nationwide and international chain of restaurants and bakery shops, the production of bakery, frozen foods and other food products and food service-related businesses such as outside catering. Its products under Bakery include Pound Cake, Packaged Cake, Frozen Cake, Pastry, Sandwich and Bread, Cookies, Moon Cake, Thai Dessert, and Snack; Food Product include Thai Food, Frozen Quick Meal, Jelio Jelly, International Food, and Healthy Food; and Beverage Product include Coffee and Tea Bluecup, Drink Bottled Beverages, Fruit Juice, Fruit Juice (UHT), and Smoothie. Its segments include Domestic restaurants and bakery shops, Domestic Packaged food and bakery trading business, Overseas restaurants, and Others.
68GF Score
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