EA Holdings Bhd (XKLS:0154) ROC (Joel Greenblatt) %: 27.32% (As of Feb. 2026) — 131% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is EA Holdings Bhd ROC (Joel Greenblatt) %?

EA Holdings Bhd XKLS:0154 ROC (Joel Greenblatt) % is 27.32% as of Feb. 2026, which is 131% above its 10-year median of 11.83. The stock has 3 warning signs investors should review. Among 562 Conglomerates companies, EA Holdings Bhd ranks better than 70.11% 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. EA Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 27.32%.

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

XKLS:0154' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -133   Med: 11.83   Max: 61.84
Current: 29.48

During the past 11 years, EA Holdings Bhd's highest ROC (Joel Greenblatt) % was 61.84%. The lowest was -133.00%. And the median was 11.83%.

XKLS:0154's ROC (Joel Greenblatt) % is ranked better than
70.11% of 562 companies
in the Conglomerates industry
Industry Median: 14.68 vs XKLS:0154: 29.48

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


EA Holdings Bhd  (XKLS:0154) 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.


EA Holdings Bhd ROC (Joel Greenblatt) % Related Terms


EA Holdings Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for EA Holdings 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.

EA Holdings Bhd ROC (Joel Greenblatt) % Chart

EA Holdings Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Sep21 Sep22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.45 -16.57 -133.00 -46.51 15.90

EA Holdings Bhd Quarterly Data
Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Oct24 Jan25 Apr25 Jul25 Oct25 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 31.43 23.97 42.64 27.27 27.32

XKLS:0154 vs HON, MMM: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, EA Holdings 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.


EA Holdings Bhd ROC (Joel Greenblatt) % vs Conglomerates Industry

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

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



EA Holdings 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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.587 + 5.349 + 2.559) - (3.383 + 0 + 0.429)
=32.683

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.263 + 4.16 + 0.96200000000002) - (14.737 + 0 + 0.471)
=12.177

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of EA Holdings 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: Oct. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.544/( ( (4.807 + max(32.683, 0)) + (4.457 + max(12.177, 0)) )/ 2 )
=4.544/( ( 37.49 + 16.634 )/ 2 )
=4.544/27.062
=16.79 %

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 27.32% mean?
EA Holdings Bhd (XKLS:0154) has a ROC (Joel Greenblatt) % of 27.32% 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 EA Holdings Bhd and its competitors. This is 131% above median its historical median of 11.83. According to the industry distribution chart, EA Holdings Bhd ranks #168 out of 562 companies in the Conglomerates industry, placing it in the top 29.9%.
Is EA Holdings Bhd's ROC (Joel Greenblatt) % too high?
EA Holdings Bhd's current ROC (Joel Greenblatt) % of 27.32% is 131% above median its 10-year median of 11.83. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. EA Holdings Bhd's value of 27.32% is 86.1% above this industry median. Based on the distribution chart, EA Holdings Bhd ranks #168 out of 562 companies in the Conglomerates industry, which is above the industry midpoint.
How does EA Holdings Bhd's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, EA Holdings Bhd ranks #168 out of 562 companies for ROC (Joel Greenblatt) %. This puts EA Holdings Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. EA Holdings Bhd's value of 27.32% is 86.1% above this benchmark. While the company's 10-year median is 11.83 vs. the industry median of 14.68, EA Holdings 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 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. EA Holdings Bhd's current ROC (Joel Greenblatt) % of 27.32% is 86.1% 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 EA Holdings 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. EA Holdings Bhd's current ROC (Joel Greenblatt) % is 27.32%, which is 131% above median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, EA Holdings Bhd (XKLS:0154) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading 50% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.32%, which is 131% above median its 10-year median of 11.83 and 86.1% 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 EA Holdings Bhd (XKLS:0154), the current ROC (Joel Greenblatt) % is 27.32% 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.

EA Holdings Bhd Business Description

Address 685, Jalan Damansara, Unit 25-5, Level 25, Oval Damansara, Kuala Lumpur, MYS, 60000
EA Holdings Bhd is principally engaged in investment holding, management, and consultancy services. The company's business segments are: i) ICT services: It is engaged in the provision of E-business software applications, business intelligence software, and development, IT service management consultancy, and system integration. ii) RFID system: It is engaged in Hardware system integration, mechanical and engineering services, and access control systems, iii) F&B distribution: It is engaged in the Sales and distribution of food and beverage products, and iv) Investment holding: Investment in subsidiaries. The company generates the majority of its revenue from the F&B distribution segment. All segments of the company operate in Malaysia.