LDHOF (Land and Houses PCL) ROC (Joel Greenblatt) %: 5.54% (As of Mar. 2026) — 67% Below Median


LDHOF Land and Houses PCL LDHOF
75 GF Score
Price $0.20
GF Value $0.24
! 10 Warning Signs
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What is Land and Houses PCL ROC (Joel Greenblatt) %?

Land and Houses PCL LDHOF 75 ROC (Joel Greenblatt) % is 5.54% as of Mar. 2026, which is 67% below its 10-year median of 16.69. GuruFocus rates LDHOF with a GF Score™ of 75/100 and a GF Value™ of $0.24. The stock has 10 warning signs investors should review. Among 1,748 Real Estate companies, Land and Houses PCL ranks worse than 61.04% 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. Land and Houses PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.54%.

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

LDHOF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.65   Med: 16.69   Max: 32.14
Current: 6.65

During the past 13 years, Land and Houses PCL's highest ROC (Joel Greenblatt) % was 32.14%. The lowest was 6.65%. And the median was 16.69%.

LDHOF's ROC (Joel Greenblatt) % is ranked worse than
61.04% of 1748 companies
in the Real Estate industry
Industry Median: 12.545 vs LDHOF: 6.65

Land and Houses PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.20% per year.


Land and Houses PCL  (OTCPK:LDHOF) 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.


Land and Houses PCL ROC (Joel Greenblatt) % Related Terms


Land and Houses PCL ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Land and Houses 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.

Land and Houses PCL ROC (Joel Greenblatt) % Chart

Land and Houses 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 13.99 16.86 14.09 10.47 7.43

Land and Houses 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 6.36 9.42 6.01 5.79 5.54

Land and Houses PCL ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Land and Houses 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.


Land and Houses PCL ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Land and Houses PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Land and Houses PCL's ROC (Joel Greenblatt) % falls into.


LDHOF
75GF Score
Land and Houses PCL LDHOF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Land and Houses 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)
=(15.115 + 1930.616 + 58.013) - (103.231 + 44.677 + 35.445)
=1820.391

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.039 + 1881.699 + 62.44) - (104.379 + 48.931 + 33.613)
=1769.255

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Land and Houses 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 )
=145.708/( ( (833.07 + max(1820.391, 0)) + (833.248 + max(1769.255, 0)) )/ 2 )
=145.708/( ( 2653.461 + 2602.503 )/ 2 )
=145.708/2627.982
=5.54 %

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 5.54% mean?
Land and Houses PCL (LDHOF) has a ROC (Joel Greenblatt) % of 5.54% 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 Land and Houses PCL and its competitors. This is 67% below median its historical median of 16.69. Over the past decade, Land and Houses PCL's ROC (Joel Greenblatt) % has ranged from 6.65 to 32.14. According to the industry distribution chart, Land and Houses PCL ranks #1067 out of 1748 companies in the Real Estate industry, placing it in the top 61%.
Is Land and Houses PCL's ROC (Joel Greenblatt) % too high?
Land and Houses PCL's current ROC (Joel Greenblatt) % of 5.54% is 67% below median its 10-year median of 16.69. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 32.14. The Real Estate industry median ROC (Joel Greenblatt) % is 12.55. Land and Houses PCL's value of 5.54% is 55.8% below this industry median. Based on the distribution chart, Land and Houses PCL ranks #1067 out of 1748 companies in the Real Estate industry, which is below the industry midpoint. Overall, Land and Houses PCL has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Land and Houses PCL's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Land and Houses PCL ranks #1067 out of 1748 companies for ROC (Joel Greenblatt) %. This places Land and Houses PCL in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.55. Land and Houses PCL's value of 5.54% is 55.8% below this benchmark. Historically, Land and Houses PCL's own ROC (Joel Greenblatt) % has ranged from 6.65 to 32.14 over the past decade. While the company's 10-year median is 16.69 vs. the industry median of 12.55, Land and Houses 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.55, based on 1,748 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. Land and Houses PCL's current ROC (Joel Greenblatt) % of 5.54% is 55.8% 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 Land and Houses PCL and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Land and Houses PCL's current ROC (Joel Greenblatt) % is 5.54%, which is 67% below median its own 10-year median of 16.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land and Houses PCL stock overvalued right now?
Land and Houses PCL (LDHOF) has a current ROC (Joel Greenblatt) % of 5.54%. The stock's GF Value™ is $0.24, compared to a current price of $0.20 — trading 16.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.54%, which is 67% below median its 10-year median of 16.69 and 55.8% below the Real Estate industry median of 12.55. Land and Houses PCL's overall GF Score™ is 75/100 with 10 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 Land and Houses PCL (LDHOF), the current ROC (Joel Greenblatt) % is 5.54% 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 Land and Houses PCL (LDHOF) Overvalued in 2026?

Based on GuruFocus' analysis, Land and Houses PCL stock appears to be undervalued. The current stock price of $0.20 is trading 16.7% below its estimated GF Value™ of $0.24.

Key valuation signals for LDHOF:

  • ROC (Joel Greenblatt) %: 5.54% (67% below median its 10-year median of 16.69)
  • GF Value™: $0.24 vs. price of $0.20 (16.7% below fair value)
  • GF Score™: 75/100 with 10 warning signs
  • Industry Position: 55.8% below the Real Estate median (#1067 of 1748)

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


Land and Houses PCL Business Description

Address No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120
Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. It has two reportable segments: the Real Estate Business Segment and the Rental and Service Business Segment. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.
75GF Score

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

$0.20
Price
$0.24
GF Value