Sirisoft PCL (BKK:SRS) ROC (Joel Greenblatt) %: 13.50% (As of Mar. 2026) — 77% Below Median

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BKK:SRS Sirisoft PCL BKK:SRS
33 GF Score
Price ฿2.40
GF Value ฿4.78
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Sirisoft PCL ROC (Joel Greenblatt) %?

Sirisoft PCL BKK:SRS +0.84% 33 ROC (Joel Greenblatt) % is 13.50% as of Mar. 2026, which is 77% below its 10-year median of 59.95. GuruFocus rates BKK:SRS with a GF Score™ of 33/100 and a GF Value™ of ฿4.78 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,822 Software companies, Sirisoft PCL ranks worse than 63.29% 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. Sirisoft PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.50%.

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

BKK:SRS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21   Med: 59.95   Max: 112.88
Current: -3.62

During the past 6 years, Sirisoft PCL's highest ROC (Joel Greenblatt) % was 112.88%. The lowest was -21.00%. And the median was 59.95%.

BKK:SRS's ROC (Joel Greenblatt) % is ranked worse than
63.29% of 2822 companies
in the Software industry
Industry Median: 20.74 vs BKK:SRS: -3.62

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


Sirisoft PCL  (BKK:SRS) 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.


Sirisoft PCL ROC (Joel Greenblatt) % Related Terms


Sirisoft PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sirisoft 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.

Sirisoft PCL ROC (Joel Greenblatt) % Chart

Sirisoft PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 59.95 112.88 65.05 24.42 -21.00

Sirisoft PCL Quarterly Data
Dec20 Dec21 Jun22 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 -56.91 8.39 12.53 -49.59 13.50

BKK:SRS vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Sirisoft 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.


Sirisoft PCL ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Sirisoft PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:SRS
33GF Score
Sirisoft PCL BKK:SRS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sirisoft 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)
=(74.833 + 0 + 212.642) - (157.83 + 213.841 + 20.886)
=-105.082

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(84.695 + 0 + 236.523) - (174.544 + 208.109 + 18.711)
=-80.146

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sirisoft 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 )
=22.164/( ( (170.657 + max(-105.082, 0)) + (157.695 + max(-80.146, 0)) )/ 2 )
=22.164/( ( 170.657 + 157.695 )/ 2 )
=22.164/164.176
=13.50 %

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 13.50% mean?
Sirisoft PCL (BKK:SRS) has a ROC (Joel Greenblatt) % of 13.50% 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 Sirisoft PCL and its competitors. This is 77% below median its historical median of 59.95. According to the industry distribution chart, Sirisoft PCL ranks #1786 out of 2822 companies in the Software industry, placing it in the top 63.3%.
Is Sirisoft PCL's ROC (Joel Greenblatt) % too high?
Sirisoft PCL's current ROC (Joel Greenblatt) % of 13.50% is 77% below median its 10-year median of 59.95. The Software industry median ROC (Joel Greenblatt) % is 20.74. Sirisoft PCL's value of 13.50% is 34.9% below this industry median. Based on the distribution chart, Sirisoft PCL ranks #1786 out of 2822 companies in the Software industry, which is below the industry midpoint. Overall, Sirisoft PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sirisoft PCL's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Sirisoft PCL ranks #1786 out of 2822 companies for ROC (Joel Greenblatt) %. This places Sirisoft PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.74. Sirisoft PCL's value of 13.50% is 34.9% below this benchmark. While the company's 10-year median is 59.95 vs. the industry median of 20.74, Sirisoft 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.74, based on 2,822 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. Sirisoft PCL's current ROC (Joel Greenblatt) % of 13.50% is 34.9% 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 Sirisoft PCL and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirisoft PCL's current ROC (Joel Greenblatt) % is 13.50%, which is 77% below median its own 10-year median of 59.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirisoft PCL stock overvalued right now?
Based on GuruFocus' analysis, Sirisoft PCL (BKK:SRS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.78, compared to a current price of ฿2.40 — trading 49.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.50%, which is 77% below median its 10-year median of 59.95 and 34.9% below the Software industry median of 20.74. Sirisoft PCL's overall GF Score™ is 33/100 with 3 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 Sirisoft PCL (BKK:SRS), the current ROC (Joel Greenblatt) % is 13.50% 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 Sirisoft PCL (BKK:SRS) Overvalued in 2026?

Based on GuruFocus' analysis, Sirisoft PCL stock appears to be undervalued. The current stock price of ฿2.40 is trading 49.8% below its estimated GF Value™ of ฿4.78. GuruFocus considers Sirisoft PCL to be Possible Value Trap.

Key valuation signals for BKK:SRS:

  • ROC (Joel Greenblatt) %: 13.50% (77% below median its 10-year median of 59.95)
  • GF Value™: ฿4.78 vs. price of ฿2.40 (49.8% below fair value)
  • GF Score™: 33/100 with 3 warning signs
  • Industry Position: 34.9% below the Software median (#1786 of 2822)

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


Sirisoft PCL Business Description

Address Ratchadaphisek Road, 15th Floor, 89 AIA Capital Center Building, Dindaeng district, Bangkok, THA, 10400
Sirisoft PCL is a forward-thinking IT service provider focusing on Database, Software Engineer and Application Integration, and Software Development. The company's core business capabilities are to provide end-to-end technology services from infrastructure architecture design and consulting, to day-to-day operation, conduct monitoring, performance tuning, troubleshooting and pro-active maintenance services, based on technologies that are specific to clients's requirements.
33GF Score

Get the complete analysis for BKK:SRS

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

฿2.40
Price
฿4.78
GF Value