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Scope Industries BhdXKLS:0028 +6.67% ROC (Joel Greenblatt) % is 8.34% as of Mar. 2026, which is 445% above its 10-year median of 1.53. The stock has 2 warning signs investors should review. Among 2,492 Hardware companies, Scope Industries Bhd ranks better than 80.74% 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. Scope Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.34%.
The historical rank and industry rank for Scope Industries Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0028'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29.82 Med: 1.53 Max: 35.24
Current: 35.24
During the past 13 years, Scope Industries Bhd's highest ROC (Joel Greenblatt) % was 35.24%. The lowest was -29.82%. And the median was 1.53%.
XKLS:0028's ROC (Joel Greenblatt) % is ranked better than 80.74% of 2492
companies
in the Hardware industry
Industry Median: 10.435
vs XKLS:0028: 35.24
Scope Industries Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Scope Industries Bhd (XKLS:0028) 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.
Scope Industries Bhd ROC (Joel Greenblatt) % Related Terms
Scope Industries Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Scope Industries Bhd'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.
Scope Industries Bhd ROC (Joel Greenblatt) % Chart
XKLS:0028 vs APH, GLW: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Scope Industries Bhd'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.
Scope Industries Bhd ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Scope Industries Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Scope Industries Bhd's ROC (Joel Greenblatt) % falls into.
Scope Industries Bhd 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 8.34% mean?
Scope Industries Bhd (XKLS:0028) has a ROC (Joel Greenblatt) % of 8.34% 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 Scope Industries Bhd and its competitors. This is 445% above median its historical median of 1.53. According to the industry distribution chart, Scope Industries Bhd ranks #480 out of 2492 companies in the Hardware industry, placing it in the top 19.3%.
Is Scope Industries Bhd's ROC (Joel Greenblatt) % too high?
Scope Industries Bhd's current ROC (Joel Greenblatt) % of 8.34% is 445% above median its 10-year median of 1.53. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Scope Industries Bhd's value of 8.34% is 20.1% below this industry median. Based on the distribution chart, Scope Industries Bhd ranks #480 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does Scope Industries Bhd's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Scope Industries Bhd ranks #480 out of 2492 companies for ROC (Joel Greenblatt) %. This places Scope Industries Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. Scope Industries Bhd's value of 8.34% is 20.1% below this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 10.44, Scope Industries Bhd 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,492 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. Scope Industries Bhd's current ROC (Joel Greenblatt) % of 8.34% is 20.1% 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 Scope Industries Bhd and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scope Industries Bhd's current ROC (Joel Greenblatt) % is 8.34%, which is 445% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scope Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Scope Industries Bhd (XKLS:0028) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.08 — trading 300% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.34%, which is 445% above median its 10-year median of 1.53 and 20.1% below the Hardware industry median of 10.44. 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 Scope Industries Bhd (XKLS:0028), the current ROC (Joel Greenblatt) % is 8.34% 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.
Scope Industries Bhd operates as an investment holding company. The company is engaged in the manufacturing and assembling of electrical and electronic components and products as well as in the cultivation of oil palms. It operates through the following business segments: Manufacturing Division; Plantation Division and Trading Division. Its Manufacturing Division segment accounts for maximum of the firm's revenue. Geographically, it operates in Malaysia, Hong Kong, Europe, Singapore and Taiwan and derives majority of revenue from Hong Kong.
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