Haad Thip PCLHAATF 81 ROC (Joel Greenblatt) % is 17.22% as of Mar. 2026, which is 24% above its 10-year median of 13.94. GuruFocus rates HAATF with a GF Score™ of 81/100 and a GF Value™ of $0.51. The stock has 5 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Haad Thip PCL ranks worse than 61.74% 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. Haad Thip PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.22%.
The historical rank and industry rank for Haad Thip PCL's ROC (Joel Greenblatt) % or its related term are showing as below:
HAATF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.35 Med: 13.94 Max: 17.19
Current: 12.92
During the past 13 years, Haad Thip PCL's highest ROC (Joel Greenblatt) % was 17.19%. The lowest was 8.35%. And the median was 13.94%.
HAATF's ROC (Joel Greenblatt) % is ranked worse than 61.74% of 115
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.27
vs HAATF: 12.92
Haad Thip PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.70% per year.
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.
Haad Thip PCL ROC (Joel Greenblatt) % Related Terms
Haad Thip PCL ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Haad Thip 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.
HAATF vs KO, PEP, MNST: ROC (Joel Greenblatt) % Comparison
For the Beverages - Non-Alcoholic subindustry, Haad Thip 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.
Haad Thip PCL ROC (Joel Greenblatt) % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Haad Thip PCL's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Haad Thip 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 17.22% mean?
Haad Thip PCL (HAATF) has a ROC (Joel Greenblatt) % of 17.22% 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 Haad Thip PCL and its competitors. This is 24% above median its historical median of 13.94. Over the past decade, Haad Thip PCL's ROC (Joel Greenblatt) % has ranged from 8.35 to 17.19. According to the industry distribution chart, Haad Thip PCL ranks #71 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 61.7%.
Is Haad Thip PCL's ROC (Joel Greenblatt) % too high?
Haad Thip PCL's current ROC (Joel Greenblatt) % of 17.22% is 24% above median its 10-year median of 13.94. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 17.19. The Beverages - Non-Alcoholic industry median ROC (Joel Greenblatt) % is 20.27. Haad Thip PCL's value of 17.22% is 15% below this industry median. Based on the distribution chart, Haad Thip PCL ranks #71 out of 115 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Haad Thip PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Haad Thip PCL's ROC (Joel Greenblatt) % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Haad Thip PCL ranks #71 out of 115 companies for ROC (Joel Greenblatt) %. This places Haad Thip PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.27. Haad Thip PCL's value of 17.22% is 15% below this benchmark. Historically, Haad Thip PCL's own ROC (Joel Greenblatt) % has ranged from 8.35 to 17.19 over the past decade. While the company's 10-year median is 13.94 vs. the industry median of 20.27, Haad Thip 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 Beverages - Non-Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Non-Alcoholic companies is 20.27, based on 115 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. Haad Thip PCL's current ROC (Joel Greenblatt) % of 17.22% is 15% 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 Haad Thip PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median ROC (Joel Greenblatt) % is 20.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haad Thip PCL's current ROC (Joel Greenblatt) % is 17.22%, which is 24% above median its own 10-year median of 13.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haad Thip PCL stock overvalued right now?
Haad Thip PCL (HAATF) has a current ROC (Joel Greenblatt) % of 17.22%. The stock's GF Value™ is $0.51, compared to a current price of $0.48 — trading 5.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.22%, which is 24% above median its 10-year median of 13.94 and 15% below the Beverages - Non-Alcoholic industry median of 20.27. Haad Thip PCL's overall GF Score™ is 81/100 with 5 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 Haad Thip PCL (HAATF), the current ROC (Joel Greenblatt) % is 17.22% 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 Haad Thip PCL (HAATF) Overvalued in 2026?
Based on GuruFocus' analysis, Haad Thip PCL stock appears to be undervalued.
The current stock price of $0.48 is trading 5.1% below its estimated GF Value™ of $0.51.
Key valuation signals for HAATF:
ROC (Joel Greenblatt) %: 17.22% (24% above median its 10-year median of 13.94)
GF Value™: $0.51 vs. price of $0.48 (5.1% below fair value)
Industry Position: 15% below the Beverages - Non-Alcoholic median (#71 of 115)
No single metric tells the full story. See the HAATF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haad Thip PCL is engaged in the manufacture and distribution of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in two segments, namely Carbonated soft drink that produces and distributes soft drinks, and sport drink, including as distributor of other beverages; and Real estate. The majority of its revenue is derived from Carbonated soft drink segment.
81GF Score
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