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Asdion BhdXKLS:0068 ROC (Joel Greenblatt) % is 52.59% as of Sep. 2025. The stock has 3 warning signs investors should review. Among 562 Conglomerates companies, Asdion Bhd ranks better than 91.1% 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. Asdion Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 52.59%.
The historical rank and industry rank for Asdion Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0068'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2075.66 Med: -85.46 Max: 236.97
Current: 80.17
During the past 13 years, Asdion Bhd's highest ROC (Joel Greenblatt) % was 236.97%. The lowest was -2075.66%. And the median was -85.46%.
XKLS:0068's ROC (Joel Greenblatt) % is ranked better than 91.1% of 562
companies
in the Conglomerates industry
Industry Median: 14.68
vs XKLS:0068: 80.17
Asdion Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Asdion Bhd (XKLS:0068) 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.
Asdion Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Asdion 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.
XKLS:0068 vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Asdion 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.
Asdion Bhd ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Asdion Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asdion Bhd'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 (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 52.59% mean?
Asdion Bhd (XKLS:0068) has a ROC (Joel Greenblatt) % of 52.59% 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 Asdion Bhd and its competitors. According to the industry distribution chart, Asdion Bhd ranks #50 out of 562 companies in the Conglomerates industry, placing it in the top 8.9%.
Is Asdion Bhd's ROC (Joel Greenblatt) % too high?
Asdion Bhd's current ROC (Joel Greenblatt) % is 52.59%. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Asdion Bhd's value of 52.59% is 258.2% above this industry median. Based on the distribution chart, Asdion Bhd ranks #50 out of 562 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Asdion Bhd's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Asdion Bhd ranks #50 out of 562 companies for ROC (Joel Greenblatt) %. This places Asdion Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.68. Asdion Bhd's value of 52.59% is 258.2% above this benchmark. 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 562 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. Asdion Bhd's current ROC (Joel Greenblatt) % of 52.59% is 258.2% 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 Asdion 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. Asdion Bhd's current ROC (Joel Greenblatt) % is 52.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asdion Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asdion Bhd (XKLS:0068) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.01 — trading 96.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 52.59% and 258.2% 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 Asdion Bhd (XKLS:0068), the current ROC (Joel Greenblatt) % is 52.59% 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.
Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in stainless steel and related activities.
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