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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. Mclean Technologies Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.25%.
The historical rank and industry rank for Mclean Technologies Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0167'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.92 Med: -8.17 Max: 27.53
Current: 27.47
During the past 13 years, Mclean Technologies Bhd's highest ROC (Joel Greenblatt) % was 27.53%. The lowest was -20.92%. And the median was -8.17%.
XKLS:0167's ROC (Joel Greenblatt) % is ranked better than 56.23% of 1083
companies
in the Business Services industry
Industry Median: 21.2
vs XKLS:0167: 27.47
Mclean Technologies Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mclean Technologies Bhd (XKLS:0167) 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.
Mclean Technologies Bhd ROC (Joel Greenblatt) % Related Terms
Mclean Technologies Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mclean Technologies 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.
Mclean Technologies Bhd ROC (Joel Greenblatt) % Chart
XKLS:0167 vs CTAS, CPRT, ULS: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Mclean Technologies 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.
Mclean Technologies Bhd ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Mclean Technologies Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mclean Technologies Bhd's ROC (Joel Greenblatt) % falls into.
Mclean Technologies 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 24.25% mean?
Mclean Technologies Bhd (XKLS:0167) has a ROC (Joel Greenblatt) % of 24.25% 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 Mclean Technologies Bhd and its competitors. According to the industry distribution chart, Mclean Technologies Bhd ranks #474 out of 1083 companies in the Business Services industry, placing it in the top 43.8%.
Is Mclean Technologies Bhd's ROC (Joel Greenblatt) % too high?
Mclean Technologies Bhd's current ROC (Joel Greenblatt) % is 24.25%. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. Mclean Technologies Bhd's value of 24.25% is 14.4% above this industry median. Based on the distribution chart, Mclean Technologies Bhd ranks #474 out of 1083 companies in the Business Services industry, which is above the industry midpoint. Overall, Mclean Technologies Bhd has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mclean Technologies Bhd's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Mclean Technologies Bhd ranks #474 out of 1083 companies for ROC (Joel Greenblatt) %. This puts Mclean Technologies Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.20. Mclean Technologies Bhd's value of 24.25% is 14.4% 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,083 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. Mclean Technologies Bhd's current ROC (Joel Greenblatt) % of 24.25% is 14.4% 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 Mclean Technologies Bhd and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mclean Technologies Bhd's current ROC (Joel Greenblatt) % is 24.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mclean Technologies Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mclean Technologies Bhd (XKLS:0167) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.79 — trading 172.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 24.25% and 14.4% above the Business Services industry median of 21.20. Mclean Technologies Bhd's overall GF Score™ is 28/100 with 6 warning signs to review. 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 Mclean Technologies Bhd (XKLS:0167), the current ROC (Joel Greenblatt) % is 24.25% 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.
Is Mclean Technologies Bhd (XKLS:0167) Overvalued in 2026?
Based on GuruFocus' analysis, Mclean Technologies Bhd stock appears to be overvalued.
The current stock price of RM0.79 is trading 172.4% above its estimated GF Value™ of RM0.29.
GuruFocus considers Mclean Technologies Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0167:
ROC (Joel Greenblatt) %: 24.25%
GF Value™: RM0.29 vs. price of RM0.79 (172.4% above fair value)
Industry Position: 14.4% above the Business Services median (#474 of 1083)
No single metric tells the full story. See the XKLS:0167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mclean Technologies Bhd is an investment holding company operating through its subsidiaries. It specializes in surface finishing for metal parts used in electrical and electronic industries, along with precision cleaning and cleanroom assembly services. The company has two main segments: Surface Treatment and Precision Cleaning, and the Plastic moulding business. The Surface Treatment and Precision Cleaning segment, which generates the bulk of its revenue, focuses on surface treatment, precision cleaning, clean bulk pack, and related services mainly in the hard disk drive & consumer electronics industries. Geographically, it operates in Malaysia, Singapore, China, the United States, Thailand, and other international markets.
28GF Score
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