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Utility Business Alliance PCLBKK:UBA 61 ROC (Joel Greenblatt) % is 91.13% as of Mar. 2026, which is 94% above its 10-year median of 46.94. GuruFocus rates BKK:UBA with a GF Score™ of 61/100 and a GF Value™ of ฿0.88 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 245 Waste Management companies, Utility Business Alliance PCL ranks better than 96.73% 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. Utility Business Alliance PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 91.13%.
The historical rank and industry rank for Utility Business Alliance PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
BKK:UBA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 40.33 Med: 46.94 Max: 106.42
Current: 106.42
During the past 6 years, Utility Business Alliance PCL's highest ROC (Joel Greenblatt) % was 106.42%. The lowest was 40.33%. And the median was 46.94%.
BKK:UBA's ROC (Joel Greenblatt) % is ranked better than 96.73% of 245
companies
in the Waste Management industry
Industry Median: 11.47
vs BKK:UBA: 106.42
Utility Business Alliance PCL (BKK:UBA) 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.
* 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.
Utility Business Alliance PCL ROC (Joel Greenblatt) % Chart
BKK:UBA vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Utility Business Alliance 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.
Utility Business Alliance PCL ROC (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Utility Business Alliance PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Utility Business Alliance PCL's ROC (Joel Greenblatt) % falls into.
Utility Business Alliance 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 91.13% mean?
Utility Business Alliance PCL (BKK:UBA) has a ROC (Joel Greenblatt) % of 91.13% 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 Utility Business Alliance PCL and its competitors. This is 94% above median its historical median of 46.94. Over the past decade, Utility Business Alliance PCL's ROC (Joel Greenblatt) % has ranged from 40.33 to 106.42. According to the industry distribution chart, Utility Business Alliance PCL ranks #8 out of 245 companies in the Waste Management industry, placing it in the top 3.3%.
Is Utility Business Alliance PCL's ROC (Joel Greenblatt) % too high?
Utility Business Alliance PCL's current ROC (Joel Greenblatt) % of 91.13% is 94% above median its 10-year median of 46.94. Over the past 10 years, this metric has ranged from a low of 40.33 to a high of 106.42. The Waste Management industry median ROC (Joel Greenblatt) % is 11.47. Utility Business Alliance PCL's value of 91.13% is 694.5% above this industry median. Based on the distribution chart, Utility Business Alliance PCL ranks #8 out of 245 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Utility Business Alliance PCL has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Utility Business Alliance PCL's ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Utility Business Alliance PCL ranks #8 out of 245 companies for ROC (Joel Greenblatt) %. This places Utility Business Alliance PCL in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.47. Utility Business Alliance PCL's value of 91.13% is 694.5% above this benchmark. Historically, Utility Business Alliance PCL's own ROC (Joel Greenblatt) % has ranged from 40.33 to 106.42 over the past decade. While the company's 10-year median is 46.94 vs. the industry median of 11.47, Utility Business Alliance 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.47, based on 245 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. Utility Business Alliance PCL's current ROC (Joel Greenblatt) % of 91.13% is 694.5% 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 Utility Business Alliance PCL and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility Business Alliance PCL's current ROC (Joel Greenblatt) % is 91.13%, which is 94% above median its own 10-year median of 46.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility Business Alliance PCL stock overvalued right now?
Based on GuruFocus' analysis, Utility Business Alliance PCL (BKK:UBA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.88, compared to a current price of ฿1.13 — trading 28.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 91.13%, which is 94% above median its 10-year median of 46.94 and 694.5% above the Waste Management industry median of 11.47. Utility Business Alliance PCL's overall GF Score™ is 61/100 with 6 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 Utility Business Alliance PCL (BKK:UBA), the current ROC (Joel Greenblatt) % is 91.13% 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 Utility Business Alliance PCL (BKK:UBA) Overvalued in 2026?
Based on GuruFocus' analysis, Utility Business Alliance PCL stock appears to be overvalued.
The current stock price of ฿1.13 is trading 28.4% above its estimated GF Value™ of ฿0.88.
GuruFocus considers Utility Business Alliance PCL to be Modestly Overvalued.
Key valuation signals for BKK:UBA:
ROC (Joel Greenblatt) %: 91.13% (94% above median its 10-year median of 46.94)
GF Value™: ฿0.88 vs. price of ฿1.13 (28.4% above fair value)
Industry Position: 694.5% above the Waste Management median (#8 of 245)
No single metric tells the full story. See the BKK:UBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Utility Business Alliance PCL Business Description
Utility Business Alliance PCL is engaged in the provision of technical engineering and other related services. It provides complete system operation and maintenance services, along with providing consulting services, design, construction, and installation of machinery and equipment. The group has one operating segments which are operates specifically service segment in Thailand.
61GF Score
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