T.Krungthai Industries PCL (BKK:TKT) ROC (Joel Greenblatt) %: 3.52% (As of Mar. 2026) — 418% Above 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:TKT T.Krungthai Industries PCL BKK:TKT
51 GF Score
Price ฿0.74
GF Value ฿1.24
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is T.Krungthai Industries PCL ROC (Joel Greenblatt) %?

T.Krungthai Industries PCL BKK:TKT 51 ROC (Joel Greenblatt) % is 3.52% as of Mar. 2026, which is 418% above its 10-year median of 0.68. GuruFocus rates BKK:TKT with a GF Score™ of 51/100 and a GF Value™ of ฿1.24 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, T.Krungthai Industries PCL ranks worse than 76.33% 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. T.Krungthai Industries PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.52%.

The historical rank and industry rank for T.Krungthai Industries PCL's ROC (Joel Greenblatt) % or its related term are showing as below:

BKK:TKT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.91   Med: 0.68   Max: 5.64
Current: 2.79

During the past 13 years, T.Krungthai Industries PCL's highest ROC (Joel Greenblatt) % was 5.64%. The lowest was -7.91%. And the median was 0.68%.

BKK:TKT's ROC (Joel Greenblatt) % is ranked worse than
76.33% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 12.03 vs BKK:TKT: 2.79

T.Krungthai Industries PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


T.Krungthai Industries PCL  (BKK:TKT) 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.


T.Krungthai Industries PCL ROC (Joel Greenblatt) % Related Terms


T.Krungthai Industries PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for T.Krungthai Industries 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.

T.Krungthai Industries PCL ROC (Joel Greenblatt) % Chart

T.Krungthai Industries 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 4.54 5.64 -0.95 2.31 3.10

T.Krungthai Industries 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 5.50 3.02 4.96 -0.26 3.52

BKK:TKT vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, T.Krungthai Industries 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.


T.Krungthai Industries PCL ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T.Krungthai Industries PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where T.Krungthai Industries PCL's ROC (Joel Greenblatt) % falls into.


BKK:TKT
51GF Score
T.Krungthai Industries PCL BKK:TKT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.Krungthai Industries 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)
=(259.129 + 86.152 + 4.2570000000001) - (132.577 + 5.536 + 6.122)
=205.303

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(218.726 + 92.019 + 8.8589999999999) - (149.715 + 1.718 + 6.071)
=162.1

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of T.Krungthai Industries 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 )
=25.9/( ( (554.422 + max(205.303, 0)) + (550.845 + max(162.1, 0)) )/ 2 )
=25.9/( ( 759.725 + 712.945 )/ 2 )
=25.9/736.335
=3.52 %

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 3.52% mean?
T.Krungthai Industries PCL (BKK:TKT) has a ROC (Joel Greenblatt) % of 3.52% 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 T.Krungthai Industries PCL and its competitors. This is 418% above median its historical median of 0.68. According to the industry distribution chart, T.Krungthai Industries PCL ranks #1016 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 76.3%.
Is T.Krungthai Industries PCL's ROC (Joel Greenblatt) % too high?
T.Krungthai Industries PCL's current ROC (Joel Greenblatt) % of 3.52% is 418% above median its 10-year median of 0.68. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.03. T.Krungthai Industries PCL's value of 3.52% is 70.7% below this industry median. Based on the distribution chart, T.Krungthai Industries PCL ranks #1016 out of 1331 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, T.Krungthai Industries PCL has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does T.Krungthai Industries PCL's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, T.Krungthai Industries PCL ranks #1016 out of 1331 companies for ROC (Joel Greenblatt) %. This places T.Krungthai Industries PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.03. T.Krungthai Industries PCL's value of 3.52% is 70.7% below this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 12.03, T.Krungthai Industries 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.03, based on 1,331 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. T.Krungthai Industries PCL's current ROC (Joel Greenblatt) % of 3.52% is 70.7% 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 T.Krungthai Industries PCL and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.Krungthai Industries PCL's current ROC (Joel Greenblatt) % is 3.52%, which is 418% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.Krungthai Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, T.Krungthai Industries PCL (BKK:TKT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.24, compared to a current price of ฿0.74 — trading 40.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.52%, which is 418% above median its 10-year median of 0.68 and 70.7% below the Vehicles & Parts industry median of 12.03. T.Krungthai Industries PCL's overall GF Score™ is 51/100 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 T.Krungthai Industries PCL (BKK:TKT), the current ROC (Joel Greenblatt) % is 3.52% 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 T.Krungthai Industries PCL (BKK:TKT) Overvalued in 2026?

Based on GuruFocus' analysis, T.Krungthai Industries PCL stock appears to be undervalued. The current stock price of ฿0.74 is trading 40.3% below its estimated GF Value™ of ฿1.24. GuruFocus considers T.Krungthai Industries PCL to be Possible Value Trap.

Key valuation signals for BKK:TKT:

  • ROC (Joel Greenblatt) %: 3.52% (418% above median its 10-year median of 0.68)
  • GF Value™: ฿1.24 vs. price of ฿0.74 (40.3% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 70.7% below the Vehicles & Parts median (#1016 of 1331)

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


T.Krungthai Industries PCL Business Description

Address 23 Soi Chan 43, Yaek 21, Chan Road, Tungwatdon, Sathorn, Bangkok, THA, 10120
T.Krungthai Industries PCL is engaged in manufacturing plastic parts and provides service for designing, manufacturing and repairing molds for plastic parts production. The company is the producer of plastic parts, including spray painting, silk-screen & hot stamping and sub assembly, and the service provider on mold design, mold production and molds repair for plastic parts to the Automobile, Electrical appliance, and Original Equipment Manufacturers (OEM). The manufacturing and distribution of plastic parts include motor vehicles, Electrical appliances, and other products. Geographically it operates in Thailand, China, Brazil, and Italy.
51GF Score

Get the complete analysis for BKK:TKT

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

฿0.74
Price
฿1.24
GF Value