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Tashin Holdings BhdXKLS:0211 50 ROC (Joel Greenblatt) % is 1.14% as of Mar. 2026, which is 84% below its 10-year median of 7.29. GuruFocus rates XKLS:0211 with a GF Score™ of 50/100 and a GF Value™ of RM0.29 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 632 Steel companies, Tashin Holdings Bhd ranks worse than 70.41% 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. Tashin Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.14%.
The historical rank and industry rank for Tashin Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0211'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.43 Med: 7.29 Max: 39.34
Current: 1.87
During the past 11 years, Tashin Holdings Bhd's highest ROC (Joel Greenblatt) % was 39.34%. The lowest was 0.43%. And the median was 7.29%.
XKLS:0211's ROC (Joel Greenblatt) % is ranked worse than 70.41% of 632
companies
in the Steel industry
Industry Median: 7.095
vs XKLS:0211: 1.87
Tashin Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -44.70% per year.
Tashin Holdings Bhd (XKLS:0211) 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.
Tashin Holdings Bhd ROC (Joel Greenblatt) % Related Terms
Tashin Holdings Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tashin 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.
XKLS:0211 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Tashin 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.
Tashin Holdings Bhd ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Tashin Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tashin Holdings Bhd's ROC (Joel Greenblatt) % falls into.
Tashin 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:
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 1.14% mean?
Tashin Holdings Bhd (XKLS:0211) has a ROC (Joel Greenblatt) % of 1.14% 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 Tashin Holdings Bhd and its competitors. This is 84% below median its historical median of 7.29. Over the past decade, Tashin Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 0.43 to 39.34. According to the industry distribution chart, Tashin Holdings Bhd ranks #445 out of 632 companies in the Steel industry, placing it in the top 70.4%.
Is Tashin Holdings Bhd's ROC (Joel Greenblatt) % too high?
Tashin Holdings Bhd's current ROC (Joel Greenblatt) % of 1.14% is 84% below median its 10-year median of 7.29. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 39.34. The Steel industry median ROC (Joel Greenblatt) % is 7.10. Tashin Holdings Bhd's value of 1.14% is 83.9% below this industry median. Based on the distribution chart, Tashin Holdings Bhd ranks #445 out of 632 companies in the Steel industry, which is below the industry midpoint. Overall, Tashin Holdings Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tashin Holdings Bhd's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Tashin Holdings Bhd ranks #445 out of 632 companies for ROC (Joel Greenblatt) %. This places Tashin Holdings Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 7.10. Tashin Holdings Bhd's value of 1.14% is 83.9% below this benchmark. Historically, Tashin Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 0.43 to 39.34 over the past decade. While the company's 10-year median is 7.29 vs. the industry median of 7.10, Tashin Holdings 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.10, based on 632 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. Tashin Holdings Bhd's current ROC (Joel Greenblatt) % of 1.14% is 83.9% 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 Tashin Holdings Bhd and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tashin Holdings Bhd's current ROC (Joel Greenblatt) % is 1.14%, which is 84% below median its own 10-year median of 7.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tashin Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tashin Holdings Bhd (XKLS:0211) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.20 — trading 31% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1.14%, which is 84% below median its 10-year median of 7.29 and 83.9% below the Steel industry median of 7.10. Tashin Holdings Bhd's overall GF Score™ is 50/100 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 Tashin Holdings Bhd (XKLS:0211), the current ROC (Joel Greenblatt) % is 1.14% 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 Tashin Holdings Bhd (XKLS:0211) Overvalued in 2026?
Based on GuruFocus' analysis, Tashin Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 31% below its estimated GF Value™ of RM0.29.
GuruFocus considers Tashin Holdings Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0211:
ROC (Joel Greenblatt) %: 1.14% (84% below median its 10-year median of 7.29)
GF Value™: RM0.29 vs. price of RM0.20 (31% below fair value)
Industry Position: 83.9% below the Steel median (#445 of 632)
No single metric tells the full story. See the XKLS:0211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tashin Holdings Bhd is engaged in the manufacturing and trading of steel products. The company's product portfolio includes Slit Coils, Cut to Pipe Steel Sheets, Steel Pipes, Steel Plate and Sheets, Flat and Square Bars, Expanded Metal, Checkered Plate, and C Purlin. The steel products are widely utilized and applied in various industries such as Automotive, Construction, Furniture, Electronics and Electrical, Engineering Fabrication, and Others. The Group operates predominantly in one business segment in Malaysia, which is involved in the manufacturing of steel-related products.
50GF Score
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