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.
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.
BM GreenTech BhdXKLS:0168 +1.68%83 ROC (Joel Greenblatt) % is 119.64% as of Mar. 2026, which is 277% above its 10-year median of 31.71. GuruFocus rates XKLS:0168 with a GF Score™ of 83/100 and a GF Value™ of RM1.42 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,061 Industrial Products companies, BM GreenTech Bhd ranks better than 92.09% 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. BM GreenTech Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 119.64%.
The historical rank and industry rank for BM GreenTech Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0168'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.46 Med: 31.71 Max: 62.84
Current: 62.84
During the past 13 years, BM GreenTech Bhd's highest ROC (Joel Greenblatt) % was 62.84%. The lowest was 17.46%. And the median was 31.71%.
XKLS:0168's ROC (Joel Greenblatt) % is ranked better than 92.09% of 3061
companies
in the Industrial Products industry
Industry Median: 11.69
vs XKLS:0168: 62.84
BM GreenTech Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.90% per year.
BM GreenTech Bhd (XKLS:0168) 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.
BM GreenTech Bhd ROC (Joel Greenblatt) % Related Terms
BM GreenTech Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for BM GreenTech 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:0168 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, BM GreenTech 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.
BM GreenTech Bhd ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, BM GreenTech Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BM GreenTech Bhd's ROC (Joel Greenblatt) % falls into.
BM GreenTech 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 119.64% mean?
BM GreenTech Bhd (XKLS:0168) has a ROC (Joel Greenblatt) % of 119.64% 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 BM GreenTech Bhd and its competitors. This is 277% above median its historical median of 31.71. Over the past decade, BM GreenTech Bhd's ROC (Joel Greenblatt) % has ranged from 17.46 to 62.84. According to the industry distribution chart, BM GreenTech Bhd ranks #242 out of 3061 companies in the Industrial Products industry, placing it in the top 7.9%.
Is BM GreenTech Bhd's ROC (Joel Greenblatt) % too high?
BM GreenTech Bhd's current ROC (Joel Greenblatt) % of 119.64% is 277% above median its 10-year median of 31.71. Over the past 10 years, this metric has ranged from a low of 17.46 to a high of 62.84. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. BM GreenTech Bhd's value of 119.64% is 923.4% above this industry median. Based on the distribution chart, BM GreenTech Bhd ranks #242 out of 3061 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, BM GreenTech Bhd has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BM GreenTech Bhd's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, BM GreenTech Bhd ranks #242 out of 3061 companies for ROC (Joel Greenblatt) %. This places BM GreenTech Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. BM GreenTech Bhd's value of 119.64% is 923.4% above this benchmark. Historically, BM GreenTech Bhd's own ROC (Joel Greenblatt) % has ranged from 17.46 to 62.84 over the past decade. While the company's 10-year median is 31.71 vs. the industry median of 11.69, BM GreenTech 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,061 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. BM GreenTech Bhd's current ROC (Joel Greenblatt) % of 119.64% is 923.4% 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 BM GreenTech Bhd and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BM GreenTech Bhd's current ROC (Joel Greenblatt) % is 119.64%, which is 277% above median its own 10-year median of 31.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BM GreenTech Bhd stock overvalued right now?
Based on GuruFocus' analysis, BM GreenTech Bhd (XKLS:0168) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.42, compared to a current price of RM1.82 — trading 28.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 119.64%, which is 277% above median its 10-year median of 31.71 and 923.4% above the Industrial Products industry median of 11.69. BM GreenTech Bhd's overall GF Score™ is 83/100 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 BM GreenTech Bhd (XKLS:0168), the current ROC (Joel Greenblatt) % is 119.64% 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 BM GreenTech Bhd (XKLS:0168) Overvalued in 2026?
Based on GuruFocus' analysis, BM GreenTech Bhd stock appears to be overvalued.
The current stock price of RM1.82 is trading 28.2% above its estimated GF Value™ of RM1.42.
GuruFocus considers BM GreenTech Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0168:
ROC (Joel Greenblatt) %: 119.64% (277% above median its 10-year median of 31.71)
GF Value™: RM1.42 vs. price of RM1.82 (28.2% above fair value)
Industry Position: 923.4% above the Industrial Products median (#242 of 3061)
No single metric tells the full story. See the XKLS:0168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BM GreenTech Bhd is a company based in Malaysia. The company's operating business segments include Bio-Energy, Water Treatment, and Solar Energy. The majority of its revenue is generated from the Bio-Energy segment. This segment is involved in the manufacturing, installation, and technical support of bio-energy systems, which includes the generation of energy from bio-based materials, technical support, and trading of related parts and accessories. Geographically the company generates the majority of its revenue from Malaysia and Indonesia.
83GF Score
Get the complete analysis for XKLS:0168
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0168 has been successfully added to your 
