Aimax Bhd (XKLS:0041) ROC (Joel Greenblatt) %: 85.75% (As of Sep. 2025) — 3763% Above Median

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What is Aimax Bhd ROC (Joel Greenblatt) %?

Aimax Bhd XKLS:0041 ROC (Joel Greenblatt) % is 85.75% as of Sep. 2025, which is 3763% above its 10-year median of 2.22. The stock has 8 warning signs investors should review. Among 563 Conglomerates companies, Aimax Bhd ranks worse than 58.97% 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. Aimax Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 85.75%.

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

XKLS:0041' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -659.38   Med: 2.22   Max: 449.28
Current: 11.51

During the past 13 years, Aimax Bhd's highest ROC (Joel Greenblatt) % was 449.28%. The lowest was -659.38%. And the median was 2.22%.

XKLS:0041's ROC (Joel Greenblatt) % is ranked worse than
58.97% of 563 companies
in the Conglomerates industry
Industry Median: 14.68 vs XKLS:0041: 11.51

Aimax Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Aimax Bhd  (XKLS:0041) 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.


Aimax Bhd ROC (Joel Greenblatt) % Related Terms


Aimax Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aimax 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.

Aimax Bhd ROC (Joel Greenblatt) % Chart

Aimax Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Sep22 Sep23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -89.64 -309.61 -659.38 76.77 -11.59

Aimax Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -4.36 25.16 -23.11 -48.75 85.75

XKLS:0041 vs HON, MMM: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Aimax 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.


Aimax Bhd ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aimax Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Aimax Bhd's ROC (Joel Greenblatt) % falls into.



Aimax 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:

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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.235 + 14.465 + 2.326) - (15.286 + 0 + 0)
=62.74

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aimax Bhd for the quarter that ended in Sep. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=114.204/( ( (70.442 + max(62.74, 0)) + (0 + max(0, 0)) )/ 1 )
=114.204/( ( 133.182 + 0 )/ 1 )
=114.204/133.182
=85.75 %

Note: The EBIT data used here is four times the quarterly (Sep. 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 85.75% mean?
Aimax Bhd (XKLS:0041) has a ROC (Joel Greenblatt) % of 85.75% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Aimax Bhd and its competitors. This is 3763% above median its historical median of 2.22. According to the industry distribution chart, Aimax Bhd ranks #332 out of 563 companies in the Conglomerates industry, placing it in the top 59%.
Is Aimax Bhd's ROC (Joel Greenblatt) % too high?
Aimax Bhd's current ROC (Joel Greenblatt) % of 85.75% is 3763% above median its 10-year median of 2.22. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Aimax Bhd's value of 85.75% is 484.1% above this industry median. Based on the distribution chart, Aimax Bhd ranks #332 out of 563 companies in the Conglomerates industry, which is below the industry midpoint.
How does Aimax Bhd's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aimax Bhd ranks #332 out of 563 companies for ROC (Joel Greenblatt) %. This places Aimax Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Aimax Bhd's value of 85.75% is 484.1% above this benchmark. While the company's 10-year median is 2.22 vs. the industry median of 14.68, Aimax Bhd 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 563 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. Aimax Bhd's current ROC (Joel Greenblatt) % of 85.75% is 484.1% 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 Aimax Bhd and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aimax Bhd's current ROC (Joel Greenblatt) % is 85.75%, which is 3763% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aimax Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aimax Bhd (XKLS:0041) is currently considered Fairly Valued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading right at its estimated fair value. The current ROC (Joel Greenblatt) % is 85.75%, which is 3763% above median its 10-year median of 2.22 and 484.1% above the Conglomerates industry median of 14.68. 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 Aimax Bhd (XKLS:0041), the current ROC (Joel Greenblatt) % is 85.75% as of Sep. 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.

Aimax Bhd Business Description

Address C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Aimax Bhd, formerly known as Hong Seng Consolidated Bhd, is operating as an investment holding company. The company operates in four operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; and Seafood segment which consists of Trading of Seafood products. The majority of the revenue is derived from the healthcare segment.