Key Asic Bhd (XKLS:0143) ROC (Joel Greenblatt) %: -169.59% (As of Feb. 2026)

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What is Key Asic Bhd ROC (Joel Greenblatt) %?

Key Asic Bhd XKLS:0143 -16.67% ROC (Joel Greenblatt) % is -169.59% as of Feb. 2026. The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Key Asic Bhd ranks worse than 82.2% 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. Key Asic Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -169.59%.

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

XKLS:0143' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -569.37   Med: -365.49   Max: 61.29
Current: -19.3

During the past 13 years, Key Asic Bhd's highest ROC (Joel Greenblatt) % was 61.29%. The lowest was -569.37%. And the median was -365.49%.

XKLS:0143's ROC (Joel Greenblatt) % is ranked worse than
82.2% of 1028 companies
in the Semiconductors industry
Industry Median: 8.265 vs XKLS:0143: -19.30

Key Asic Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.50% per year.


Key Asic Bhd  (XKLS:0143) 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.


Key Asic Bhd ROC (Joel Greenblatt) % Related Terms


Key Asic Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Key Asic 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.

Key Asic Bhd ROC (Joel Greenblatt) % Chart

Key Asic Bhd Annual Data
Trend Dec14 Dec15 May18 May19 May20 May21 May22 May23 May24 May25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -411.13 -528.08 -357.29 -569.37 -373.69

Key Asic Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -418.71 692.86 -61.68 -309.22 -169.59

XKLS:0143 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Key Asic 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.214 + 0.63 + 0) - (8.847 + 0 + 1.7763568394003E-15)
=-4.003

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.027 + 0.96 + 0) - (12.08 + 0 + 0)
=-7.093

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Key Asic Bhd for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.848/( ( (2.41 + max(-4.003, 0)) + (2.128 + max(-7.093, 0)) )/ 2 )
=-3.848/( ( 2.41 + 2.128 )/ 2 )
=-3.848/2.269
=-169.59 %

Note: The EBIT data used here is four times the quarterly (Feb. 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 -169.59% mean?
Key Asic Bhd (XKLS:0143) has a ROC (Joel Greenblatt) % of -169.59% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Key Asic Bhd and its competitors. According to the industry distribution chart, Key Asic Bhd ranks #845 out of 1028 companies in the Semiconductors industry, placing it in the top 82.2%.
Is Key Asic Bhd's ROC (Joel Greenblatt) % too high?
Key Asic Bhd's current ROC (Joel Greenblatt) % is -169.59%. Based on the distribution chart, Key Asic Bhd ranks #845 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers.
How does Key Asic Bhd's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Key Asic Bhd ranks #845 out of 1028 companies for ROC (Joel Greenblatt) %. This places Key Asic Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.27. 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.27, based on 1,028 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. 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 Key Asic Bhd and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Key Asic Bhd's current ROC (Joel Greenblatt) % is -169.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Asic Bhd stock overvalued right now?
Based on GuruFocus' analysis, Key Asic Bhd (XKLS:0143) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.03 — trading 50% below its estimated fair value. The current ROC (Joel Greenblatt) % is -169.59%. 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 Key Asic Bhd (XKLS:0143), the current ROC (Joel Greenblatt) % is -169.59% as of Feb. 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.

Key Asic Bhd Business Description

Address 8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure and intelligent storage networking support. The company operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.