Turnkey Communication Services PCL (BKK:TKC) ROC (Joel Greenblatt) %: 34.07% (As of Mar. 2026) — 45% Below Median

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BKK:TKC Turnkey Communication Services PCL BKK:TKC
68 GF Score
Price ฿8.85
GF Value ฿7.30
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Turnkey Communication Services PCL ROC (Joel Greenblatt) %?

Turnkey Communication Services PCL BKK:TKC +0.57% 68 ROC (Joel Greenblatt) % is 34.07% as of Mar. 2026, which is 45% below its 10-year median of 62.47. GuruFocus rates BKK:TKC with a GF Score™ of 68/100 and a GF Value™ of ฿7.30 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,780 Construction companies, Turnkey Communication Services PCL ranks better than 57.13% 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. Turnkey Communication Services PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.07%.

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

BKK:TKC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.33   Med: 62.47   Max: 600.46
Current: 25.34

During the past 10 years, Turnkey Communication Services PCL's highest ROC (Joel Greenblatt) % was 600.46%. The lowest was 23.33%. And the median was 62.47%.

BKK:TKC's ROC (Joel Greenblatt) % is ranked better than
57.13% of 1780 companies
in the Construction industry
Industry Median: 19.77 vs BKK:TKC: 25.34

Turnkey Communication Services PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -44.90% per year.


Turnkey Communication Services PCL  (BKK:TKC) 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.


Turnkey Communication Services PCL ROC (Joel Greenblatt) % Related Terms


Turnkey Communication Services PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Turnkey Communication Services 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.

Turnkey Communication Services PCL ROC (Joel Greenblatt) % Chart

Turnkey Communication Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.90 54.50 37.09 30.91 23.33

Turnkey Communication Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only 23.19 12.83 40.02 22.74 34.07

BKK:TKC vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Turnkey Communication Services 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.


Turnkey Communication Services PCL ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Turnkey Communication Services PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


BKK:TKC
68GF Score
Turnkey Communication Services PCL BKK:TKC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turnkey Communication Services 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)
=(971.866 + 22.846 + 296.624) - (358.077 + 103.553 + 65.425)
=764.281

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(983.926 + 170.09 + 227.546) - (415.533 + 136.574 + 61.848)
=767.607

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Turnkey Communication Services 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 )
=316.092/( ( (160.797 + max(764.281, 0)) + (162.937 + max(767.607, 0)) )/ 2 )
=316.092/( ( 925.078 + 930.544 )/ 2 )
=316.092/927.811
=34.07 %

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 34.07% mean?
Turnkey Communication Services PCL (BKK:TKC) has a ROC (Joel Greenblatt) % of 34.07% 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 Turnkey Communication Services PCL and its competitors. This is 45% below median its historical median of 62.47. Over the past decade, Turnkey Communication Services PCL's ROC (Joel Greenblatt) % has ranged from 23.33 to 600.46. According to the industry distribution chart, Turnkey Communication Services PCL ranks #763 out of 1780 companies in the Construction industry, placing it in the top 42.9%.
Is Turnkey Communication Services PCL's ROC (Joel Greenblatt) % too high?
Turnkey Communication Services PCL's current ROC (Joel Greenblatt) % of 34.07% is 45% below median its 10-year median of 62.47. Over the past 10 years, this metric has ranged from a low of 23.33 to a high of 600.46. The Construction industry median ROC (Joel Greenblatt) % is 19.77. Turnkey Communication Services PCL's value of 34.07% is 72.3% above this industry median. Based on the distribution chart, Turnkey Communication Services PCL ranks #763 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, Turnkey Communication Services PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turnkey Communication Services PCL's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Turnkey Communication Services PCL ranks #763 out of 1780 companies for ROC (Joel Greenblatt) %. This puts Turnkey Communication Services PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.77. Turnkey Communication Services PCL's value of 34.07% is 72.3% above this benchmark. Historically, Turnkey Communication Services PCL's own ROC (Joel Greenblatt) % has ranged from 23.33 to 600.46 over the past decade. While the company's 10-year median is 62.47 vs. the industry median of 19.77, Turnkey Communication Services 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.77, based on 1,780 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. Turnkey Communication Services PCL's current ROC (Joel Greenblatt) % of 34.07% is 72.3% 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 Turnkey Communication Services PCL and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnkey Communication Services PCL's current ROC (Joel Greenblatt) % is 34.07%, which is 45% below median its own 10-year median of 62.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnkey Communication Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Turnkey Communication Services PCL (BKK:TKC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.30, compared to a current price of ฿8.85 — trading 21.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 34.07%, which is 45% below median its 10-year median of 62.47 and 72.3% above the Construction industry median of 19.77. Turnkey Communication Services PCL's overall GF Score™ is 68/100 with 11 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 Turnkey Communication Services PCL (BKK:TKC), the current ROC (Joel Greenblatt) % is 34.07% 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 Turnkey Communication Services PCL (BKK:TKC) Overvalued in 2026?

Based on GuruFocus' analysis, Turnkey Communication Services PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 21.2% above its estimated GF Value™ of ฿7.30. GuruFocus considers Turnkey Communication Services PCL to be Modestly Overvalued.

Key valuation signals for BKK:TKC:

  • ROC (Joel Greenblatt) %: 34.07% (45% below median its 10-year median of 62.47)
  • GF Value™: ฿7.30 vs. price of ฿8.85 (21.2% above fair value)
  • GF Score™: 68/100 with 11 warning signs
  • Industry Position: 72.3% above the Construction median (#763 of 1780)

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


Turnkey Communication Services PCL Business Description

Address 44/44 Soi Vibhavadi Rangsit 60 Yaek 18-1-2, Talat Bang Khen Sub-district, Lak Si District, Bangkok, THA, 10210
Turnkey Communication Services PCL is engaged in trading, design, installation and engineering services in field of information and communication technology and telecommunication, including providing internet signal services. Its segments include Distribution of information technology equipment and telecommunication systems (Distribution business); Providing installation, testing services for information technology systems and telecommunication systems, and providing internet signal services (Services business); and Providing design, sourcing and installation of information technology systems and telecommunication systems and programming (Information engineering business). The majority of the revenue is derived from the Services business segment.
68GF Score

Get the complete analysis for BKK:TKC

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

฿8.85
Price
฿7.30
GF Value