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Tri-Mode System (M) BhdXKLS:0199 -8.82%40 ROC (Joel Greenblatt) % is 3.00% as of Mar. 2026, which is 65% below its 10-year median of 8.57. GuruFocus rates XKLS:0199 with a GF Score™ of 40/100 and a GF Value™ of RM0.26 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 998 Transportation companies, Tri-Mode System (M) Bhd ranks worse than 78.96% 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. Tri-Mode System (M) Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.00%.
The historical rank and industry rank for Tri-Mode System (M) Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0199'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.22 Med: 8.57 Max: 15.94
Current: 3.75
During the past 11 years, Tri-Mode System (M) Bhd's highest ROC (Joel Greenblatt) % was 15.94%. The lowest was 3.22%. And the median was 8.57%.
XKLS:0199's ROC (Joel Greenblatt) % is ranked worse than 78.96% of 998
companies
in the Transportation industry
Industry Median: 11.76
vs XKLS:0199: 3.75
Tri-Mode System (M) Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -22.40% per year.
Tri-Mode System (M) Bhd (XKLS:0199) 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.
Tri-Mode System (M) Bhd ROC (Joel Greenblatt) % Related Terms
Tri-Mode System (M) Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tri-Mode System (M) 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.
Tri-Mode System (M) Bhd ROC (Joel Greenblatt) % Chart
XKLS:0199 vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison
For the Integrated Freight & Logistics subindustry, Tri-Mode System (M) 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.
Tri-Mode System (M) Bhd ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Tri-Mode System (M) Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tri-Mode System (M) Bhd's ROC (Joel Greenblatt) % falls into.
Tri-Mode System (M) 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 3.00% mean?
Tri-Mode System (M) Bhd (XKLS:0199) has a ROC (Joel Greenblatt) % of 3.00% 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 Tri-Mode System (M) Bhd and its competitors. This is 65% below median its historical median of 8.57. Over the past decade, Tri-Mode System (M) Bhd's ROC (Joel Greenblatt) % has ranged from 3.22 to 15.94. According to the industry distribution chart, Tri-Mode System (M) Bhd ranks #788 out of 998 companies in the Transportation industry, placing it in the top 79%.
Is Tri-Mode System (M) Bhd's ROC (Joel Greenblatt) % too high?
Tri-Mode System (M) Bhd's current ROC (Joel Greenblatt) % of 3.00% is 65% below median its 10-year median of 8.57. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 15.94. The Transportation industry median ROC (Joel Greenblatt) % is 11.76. Tri-Mode System (M) Bhd's value of 3.00% is 74.5% below this industry median. Based on the distribution chart, Tri-Mode System (M) Bhd ranks #788 out of 998 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tri-Mode System (M) Bhd has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tri-Mode System (M) Bhd's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Tri-Mode System (M) Bhd ranks #788 out of 998 companies for ROC (Joel Greenblatt) %. This places Tri-Mode System (M) Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.76. Tri-Mode System (M) Bhd's value of 3.00% is 74.5% below this benchmark. Historically, Tri-Mode System (M) Bhd's own ROC (Joel Greenblatt) % has ranged from 3.22 to 15.94 over the past decade. While the company's 10-year median is 8.57 vs. the industry median of 11.76, Tri-Mode System (M) Bhd has consistently been below 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.76, based on 998 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. Tri-Mode System (M) Bhd's current ROC (Joel Greenblatt) % of 3.00% is 74.5% below 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 Tri-Mode System (M) Bhd and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri-Mode System (M) Bhd's current ROC (Joel Greenblatt) % is 3.00%, which is 65% below median its own 10-year median of 8.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Mode System (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd (XKLS:0199) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.26, compared to a current price of RM0.16 — trading 40.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.00%, which is 65% below median its 10-year median of 8.57 and 74.5% below the Transportation industry median of 11.76. Tri-Mode System (M) Bhd's overall GF Score™ is 40/100 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 Tri-Mode System (M) Bhd (XKLS:0199), the current ROC (Joel Greenblatt) % is 3.00% 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 Tri-Mode System (M) Bhd (XKLS:0199) Overvalued in 2026?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 40.4% below its estimated GF Value™ of RM0.26.
GuruFocus considers Tri-Mode System (M) Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0199:
ROC (Joel Greenblatt) %: 3.00% (65% below median its 10-year median of 8.57)
GF Value™: RM0.26 vs. price of RM0.16 (40.4% below fair value)
Industry Position: 74.5% below the Transportation median (#788 of 998)
No single metric tells the full story. See the XKLS:0199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tri-Mode System (M) Bhd is an integrated logistics service provider & has six segments. Sea freight segment organizes shipments for customers & overseas freight forwarded & manage bookings for cargo space for sea shipments; Container haulage segment provides land transportation services; Air freight segment plans & manages booking of cargo space for customer's air shipments; Freights forwarding segment manages document preparation, customs clearance, airlines & container haulage division for transportation of cargoes; Warehousing segment provides services such as general storage, consolidation & deconsolidation, transshipment of cargoes & inventory management services; & Marine insurance segment provide insurance service on cargoes by group. The key revenue is from the Sea freight segment.
40GF Score
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