Thai Packaging & Printing PCLBKK:TPP-R 81 ROC (Joel Greenblatt) % is 13.57% as of Mar. 2026, which is 252% above its 10-year median of 3.86. GuruFocus rates BKK:TPP-R with a GF Score™ of 81/100 and a GF Value™ of ฿12.74. The stock has 1 warning sign investors should review. Among 401 Packaging & Containers companies, Thai Packaging & Printing PCL ranks better than 54.86% 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. Thai Packaging & Printing PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.57%.
The historical rank and industry rank for Thai Packaging & Printing PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:TPP-R'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.5 Med: 3.86 Max: 10.17
Current: 10.17
During the past 13 years, Thai Packaging & Printing PCL's highest ROC (Joel Greenblatt) % was 10.17%. The lowest was -0.50%. And the median was 3.86%.
BKK:TPP-R's ROC (Joel Greenblatt) % is ranked better than 54.86% of 401
companies
in the Packaging & Containers industry
Industry Median: 8.95
vs BKK:TPP-R: 10.17
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.
* 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:TPP-R vs SW, PKG, AMCR: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Thai Packaging & Printing 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.
Thai Packaging & Printing PCL ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Packaging & Printing PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thai Packaging & Printing PCL's ROC (Joel Greenblatt) % falls into.
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 13.57% mean?
Thai Packaging & Printing PCL (BKK:TPP-R) has a ROC (Joel Greenblatt) % of 13.57% 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 Thai Packaging & Printing PCL and its competitors. This is 252% above median its historical median of 3.86. According to the industry distribution chart, Thai Packaging & Printing PCL ranks #181 out of 401 companies in the Packaging & Containers industry, placing it in the top 45.1%.
Is Thai Packaging & Printing PCL's ROC (Joel Greenblatt) % too high?
Thai Packaging & Printing PCL's current ROC (Joel Greenblatt) % of 13.57% is 252% above median its 10-year median of 3.86. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.95. Thai Packaging & Printing PCL's value of 13.57% is 51.6% above this industry median. Based on the distribution chart, Thai Packaging & Printing PCL ranks #181 out of 401 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai Packaging & Printing PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thai Packaging & Printing PCL's ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Packaging & Printing PCL ranks #181 out of 401 companies for ROC (Joel Greenblatt) %. This puts Thai Packaging & Printing PCL in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.95. Thai Packaging & Printing PCL's value of 13.57% is 51.6% above this benchmark. While the company's 10-year median is 3.86 vs. the industry median of 8.95, Thai Packaging & Printing 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.95, based on 401 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. Thai Packaging & Printing PCL's current ROC (Joel Greenblatt) % of 13.57% is 51.6% 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 Thai Packaging & Printing PCL and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Packaging & Printing PCL's current ROC (Joel Greenblatt) % is 13.57%, which is 252% above median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Packaging & Printing PCL stock overvalued right now?
Thai Packaging & Printing PCL (BKK:TPP-R) has a current ROC (Joel Greenblatt) % of 13.57%. The stock's GF Value™ is ฿12.74, compared to a current price of ฿10.20 — trading 19.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.57%, which is 252% above median its 10-year median of 3.86 and 51.6% above the Packaging & Containers industry median of 8.95. Thai Packaging & Printing PCL's overall GF Score™ is 81/100 with 1 warning sign 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 Thai Packaging & Printing PCL (BKK:TPP-R), the current ROC (Joel Greenblatt) % is 13.57% 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 Thai Packaging & Printing PCL (BKK:TPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Packaging & Printing PCL stock appears to be undervalued.
The current stock price of ฿10.20 is trading 19.9% below its estimated GF Value™ of ฿12.74.
Key valuation signals for BKK:TPP-R:
ROC (Joel Greenblatt) %: 13.57% (252% above median its 10-year median of 3.86)
GF Value™: ฿12.74 vs. price of ฿10.20 (19.9% below fair value)
Industry Position: 51.6% above the Packaging & Containers median (#181 of 401)
No single metric tells the full story. See the BKK:TPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Packaging & Printing PCL Business Description
Thai Packaging & Printing PCL along with its subsidiaries is engaged in the manufacturing and distributing of box packaging. It manufactures its products for automotive, electric, medical appliances, food and beverage, houseware, fast-moving consumer, toy, and miscellaneous industries. It offers design and development solutions for industrial and consumer packaging. Its products include Folding boxes, Corrugated folding boxes, Ice cream tubes, Corrugated sheet board, Corrugated master cartons, Leaflet brochures, and magazines. The company also offer agent services for air passengers and cargo. It generates a majority of the revenue from the Packaging business.
81GF Score
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