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.
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.
OKP HoldingsSGX:5CF +2.61%61 ROC (Joel Greenblatt) % is 149.05% as of Dec. 2025, which is 161% above its 10-year median of 57.11. GuruFocus rates SGX:5CF with a GF Score™ of 61/100 and a GF Value™ of S$0.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,780 Construction companies, OKP Holdings ranks better than 90.11% 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. OKP Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 149.05%.
The historical rank and industry rank for OKP Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
SGX:5CF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.93 Med: 57.11 Max: 137.96
Current: 132.43
During the past 13 years, OKP Holdings's highest ROC (Joel Greenblatt) % was 137.96%. The lowest was 5.93%. And the median was 57.11%.
SGX:5CF's ROC (Joel Greenblatt) % is ranked better than 90.11% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs SGX:5CF: 132.43
OKP Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 65.80% 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.
OKP Holdings ROC (Joel Greenblatt) % Related Terms
OKP Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for OKP Holdings'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.
SGX:5CF vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, OKP Holdings'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.
OKP Holdings ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, OKP Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OKP Holdings'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 two times the semi-annual (Dec. 2025) 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 149.05% mean?
OKP Holdings (SGX:5CF) has a ROC (Joel Greenblatt) % of 149.05% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on OKP Holdings and its competitors. This is 161% above median its historical median of 57.11. Over the past decade, OKP Holdings' ROC (Joel Greenblatt) % has ranged from 5.93 to 137.96. According to the industry distribution chart, OKP Holdings ranks #176 out of 1780 companies in the Construction industry, placing it in the top 9.9%.
Is OKP Holdings' ROC (Joel Greenblatt) % too high?
OKP Holdings' current ROC (Joel Greenblatt) % of 149.05% is 161% above median its 10-year median of 57.11. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 137.96. The Construction industry median ROC (Joel Greenblatt) % is 19.77. OKP Holdings' value of 149.05% is 653.9% above this industry median. Based on the distribution chart, OKP Holdings ranks #176 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, OKP Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKP Holdings' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, OKP Holdings ranks #176 out of 1780 companies for ROC (Joel Greenblatt) %. This places OKP Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.77. OKP Holdings' value of 149.05% is 653.9% above this benchmark. Historically, OKP Holdings' own ROC (Joel Greenblatt) % has ranged from 5.93 to 137.96 over the past decade. While the company's 10-year median is 57.11 vs. the industry median of 19.77, OKP Holdings 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.77, based on 1,780 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. OKP Holdings's current ROC (Joel Greenblatt) % of 149.05% is 653.9% 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 OKP Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OKP Holdings's current ROC (Joel Greenblatt) % is 149.05%, which is 161% above median its own 10-year median of 57.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKP Holdings stock overvalued right now?
Based on GuruFocus' analysis, OKP Holdings (SGX:5CF) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.29, compared to a current price of S$0.79 — trading 170.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 149.05%, which is 161% above median its 10-year median of 57.11 and 653.9% above the Construction industry median of 19.77. OKP Holdings' overall GF Score™ is 61/100 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 OKP Holdings (SGX:5CF), the current ROC (Joel Greenblatt) % is 149.05% as of Dec. 2025. 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 OKP Holdings (SGX:5CF) Overvalued in 2026?
Based on GuruFocus' analysis, OKP Holdings stock appears to be overvalued.
The current stock price of S$0.79 is trading 170.7% above its estimated GF Value™ of S$0.29.
GuruFocus considers OKP Holdings to be Significantly Overvalued.
Key valuation signals for SGX:5CF:
ROC (Joel Greenblatt) %: 149.05% (161% above median its 10-year median of 57.11)
GF Value™: S$0.29 vs. price of S$0.79 (170.7% above fair value)
Industry Position: 653.9% above the Construction median (#176 of 1780)
No single metric tells the full story. See the SGX:5CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OKP Holdings Ltd is an infrastructure and civil engineering company. It has three core business segments Construction, Maintenance, and Rental Income. It makes majority of the revenue from Construction segment. The company specializes in the construction of airport runways and taxiways, expressways, flyovers, vehicular bridges, urban and arterial roads, airport infrastructure and oil and gas-related infrastructure for petrochemical plants and oil storage terminals. It also undertakes maintenance works for roads and road-related facilities, as well as building construction-related works. Geographically, it generates maximum revenue through Construction and maintenance from Singapore, and rest through rental income from Singapore and Australia.
61GF Score
Get the complete analysis for SGX:5CF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:5CF has been successfully added to your 
