Kinergy Advancement Bhd (XKLS:0193) ROC (Joel Greenblatt) %: 24.56% (As of Mar. 2026) — 31% Below Median

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XKLS:0193 Kinergy Advancement Bhd XKLS:0193
62 GF Score
Price RM0.39
GF Value RM0.90
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Kinergy Advancement Bhd ROC (Joel Greenblatt) %?

Kinergy Advancement Bhd XKLS:0193 -1.28% 62 ROC (Joel Greenblatt) % is 24.56% as of Mar. 2026, which is 31% below its 10-year median of 35.85. GuruFocus rates XKLS:0193 with a GF Score™ of 62/100 and a GF Value™ of RM0.90 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,782 Construction companies, Kinergy Advancement Bhd ranks better than 58.08% 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. Kinergy Advancement Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.56%.

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

XKLS:0193' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.46   Med: 35.85   Max: 138.48
Current: 25.99

During the past 12 years, Kinergy Advancement Bhd's highest ROC (Joel Greenblatt) % was 138.48%. The lowest was 7.46%. And the median was 35.85%.

XKLS:0193's ROC (Joel Greenblatt) % is ranked better than
58.08% of 1782 companies
in the Construction industry
Industry Median: 19.56 vs XKLS:0193: 25.99

Kinergy Advancement Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.30% per year.


Kinergy Advancement Bhd  (XKLS:0193) 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.


Kinergy Advancement Bhd ROC (Joel Greenblatt) % Related Terms


Kinergy Advancement Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kinergy Advancement 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.

Kinergy Advancement Bhd ROC (Joel Greenblatt) % Chart

Kinergy Advancement Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.49 9.94 12.59 7.46 22.98

Kinergy Advancement Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.26 18.90 22.02 39.49 24.56

XKLS:0193 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Kinergy Advancement 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.


Kinergy Advancement Bhd ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Kinergy Advancement Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0193
62GF Score
Kinergy Advancement Bhd XKLS:0193
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinergy Advancement 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(150.878 + 0.475 + 81.656) - (72.179 + 0 + 104.432)
=56.398

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.325 + 0.46 + 10.23) - (57.769 + 0 + 66.127)
=21.119

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kinergy Advancement Bhd for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=46.492/( ( (142.726 + max(56.398, 0)) + (158.281 + max(21.119, 0)) )/ 2 )
=46.492/( ( 199.124 + 179.4 )/ 2 )
=46.492/189.262
=24.56 %

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 24.56% mean?
Kinergy Advancement Bhd (XKLS:0193) has a ROC (Joel Greenblatt) % of 24.56% 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 Kinergy Advancement Bhd and its competitors. This is 31% below median its historical median of 35.85. Over the past decade, Kinergy Advancement Bhd's ROC (Joel Greenblatt) % has ranged from 7.46 to 138.48. According to the industry distribution chart, Kinergy Advancement Bhd ranks #747 out of 1782 companies in the Construction industry, placing it in the top 41.9%.
Is Kinergy Advancement Bhd's ROC (Joel Greenblatt) % too high?
Kinergy Advancement Bhd's current ROC (Joel Greenblatt) % of 24.56% is 31% below median its 10-year median of 35.85. Over the past 10 years, this metric has ranged from a low of 7.46 to a high of 138.48. The Construction industry median ROC (Joel Greenblatt) % is 19.56. Kinergy Advancement Bhd's value of 24.56% is 25.6% above this industry median. Based on the distribution chart, Kinergy Advancement Bhd ranks #747 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Kinergy Advancement Bhd has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kinergy Advancement Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Kinergy Advancement Bhd ranks #747 out of 1782 companies for ROC (Joel Greenblatt) %. This puts Kinergy Advancement Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.56. Kinergy Advancement Bhd's value of 24.56% is 25.6% above this benchmark. Historically, Kinergy Advancement Bhd's own ROC (Joel Greenblatt) % has ranged from 7.46 to 138.48 over the past decade. While the company's 10-year median is 35.85 vs. the industry median of 19.56, Kinergy Advancement 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.56, based on 1,782 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. Kinergy Advancement Bhd's current ROC (Joel Greenblatt) % of 24.56% is 25.6% 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 Kinergy Advancement Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinergy Advancement Bhd's current ROC (Joel Greenblatt) % is 24.56%, which is 31% below median its own 10-year median of 35.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinergy Advancement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kinergy Advancement Bhd (XKLS:0193) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.90, compared to a current price of RM0.39 — trading 57.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.56%, which is 31% below median its 10-year median of 35.85 and 25.6% above the Construction industry median of 19.56. Kinergy Advancement Bhd's overall GF Score™ is 62/100 with 7 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 Kinergy Advancement Bhd (XKLS:0193), the current ROC (Joel Greenblatt) % is 24.56% 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 Kinergy Advancement Bhd (XKLS:0193) Overvalued in 2026?

Based on GuruFocus' analysis, Kinergy Advancement Bhd stock appears to be undervalued. The current stock price of RM0.39 is trading 57.2% below its estimated GF Value™ of RM0.90. GuruFocus considers Kinergy Advancement Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0193:

  • ROC (Joel Greenblatt) %: 24.56% (31% below median its 10-year median of 35.85)
  • GF Value™: RM0.90 vs. price of RM0.39 (57.2% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 25.6% above the Construction median (#747 of 1782)

No single metric tells the full story. See the XKLS:0193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinergy Advancement Bhd Business Description

Address 137 Jalan Puchong, 28-01, Level 28, Menara Vista Petaling, Kuala Lumpur, SGR, MYS, 58200
Kinergy Advancement Bhd is principally engaged in the business of provision of electrical and mechanical engineering services and operation of generating facilities that produce electric energy. The Company is recognised in the ENERGY SPACE as a Holistic One-Stop Energy and Engineering Solutions Provider. The reportable business segments of the Group comprise Engineering, provision of engineering solutions, and Sustainable Energy Solutions (SES), provision of clean energy, renewable energy and energy efficient solutions. It generates maximum revenue from Sustainable Energy Solutions (SES). It operates in Malaysia, Thailand and Indonesia, and generates maximum revenue from Malaysia.
62GF Score

Get the complete analysis for XKLS:0193

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.39
Price
RM0.90
GF Value