Solarvest Holdings Bhd (XKLS:0215) ROC (Joel Greenblatt) %: 53.33% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:0215 Solarvest Holdings Bhd XKLS:0215
92 GF Score
Price RM2.96
GF Value RM2.65
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Solarvest Holdings Bhd ROC (Joel Greenblatt) %?

Solarvest Holdings Bhd XKLS:0215 +0.34% 92 ROC (Joel Greenblatt) % is 53.33% as of Mar. 2026, which is 7% below its 10-year median of 57.54. GuruFocus rates XKLS:0215 with a GF Score™ of 92/100 and a GF Value™ of RM2.65 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, Solarvest Holdings Bhd ranks better than 81.23% 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. Solarvest Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 53.33%.

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

XKLS:0215' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.67   Med: 57.54   Max: 90.83
Current: 40.03

During the past 11 years, Solarvest Holdings Bhd's highest ROC (Joel Greenblatt) % was 90.83%. The lowest was 28.67%. And the median was 57.54%.

XKLS:0215's ROC (Joel Greenblatt) % is ranked better than
81.23% of 1028 companies
in the Semiconductors industry
Industry Median: 8.265 vs XKLS:0215: 40.03

Solarvest Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.80% per year.


Solarvest Holdings Bhd  (XKLS:0215) 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.


Solarvest Holdings Bhd ROC (Joel Greenblatt) % Related Terms


Solarvest Holdings Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solarvest 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.

Solarvest Holdings Bhd ROC (Joel Greenblatt) % Chart

Solarvest Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.79 31.24 28.67 35.30 45.31

Solarvest Holdings 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 44.58 35.18 33.77 33.78 53.33

XKLS:0215 vs FSLR, NXT, ENPH: ROC (Joel Greenblatt) % Comparison

For the Solar subindustry, Solarvest 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.


Solarvest Holdings Bhd ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solarvest Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0215
92GF Score
Solarvest Holdings Bhd XKLS:0215
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solarvest 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:

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)
=(232.435 + 25.086 + 10.575) - (155.996 + 0 + 63.277)
=48.823

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(268.678 + 16.264 + 5.1299999999999) - (253.044 + 0 + 60.243)
=-23.215

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Solarvest Holdings 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 )
=183.244/( ( (314.077 + max(48.823, 0)) + (324.314 + max(-23.215, 0)) )/ 2 )
=183.244/( ( 362.9 + 324.314 )/ 2 )
=183.244/343.607
=53.33 %

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 53.33% mean?
Solarvest Holdings Bhd (XKLS:0215) has a ROC (Joel Greenblatt) % of 53.33% 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 Solarvest Holdings Bhd and its competitors. This is near median its historical median of 57.54. Over the past decade, Solarvest Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 28.67 to 90.83. According to the industry distribution chart, Solarvest Holdings Bhd ranks #193 out of 1028 companies in the Semiconductors industry, placing it in the top 18.8%.
Is Solarvest Holdings Bhd's ROC (Joel Greenblatt) % too high?
Solarvest Holdings Bhd's current ROC (Joel Greenblatt) % of 53.33% is near median its 10-year median of 57.54. Over the past 10 years, this metric has ranged from a low of 28.67 to a high of 90.83. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. Solarvest Holdings Bhd's value of 53.33% is 545.3% above this industry median. Based on the distribution chart, Solarvest Holdings Bhd ranks #193 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solarvest Holdings Bhd has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solarvest Holdings Bhd's ROC (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solarvest Holdings Bhd ranks #193 out of 1028 companies for ROC (Joel Greenblatt) %. This places Solarvest Holdings Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.27. Solarvest Holdings Bhd's value of 53.33% is 545.3% above this benchmark. Historically, Solarvest Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 28.67 to 90.83 over the past decade. While the company's 10-year median is 57.54 vs. the industry median of 8.27, Solarvest Holdings 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.27, based on 1,028 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. Solarvest Holdings Bhd's current ROC (Joel Greenblatt) % of 53.33% is 545.3% 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 Solarvest Holdings Bhd and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solarvest Holdings Bhd's current ROC (Joel Greenblatt) % is 53.33%, which is near median its own 10-year median of 57.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solarvest Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solarvest Holdings Bhd (XKLS:0215) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.65, compared to a current price of RM2.96 — trading 11.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 53.33%, which is near median its 10-year median of 57.54 and 545.3% above the Semiconductors industry median of 8.27. Solarvest Holdings Bhd's overall GF Score™ is 92/100 with 5 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 Solarvest Holdings Bhd (XKLS:0215), the current ROC (Joel Greenblatt) % is 53.33% 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 Solarvest Holdings Bhd (XKLS:0215) Overvalued in 2026?

Based on GuruFocus' analysis, Solarvest Holdings Bhd stock appears to be overvalued. The current stock price of RM2.96 is trading 11.7% above its estimated GF Value™ of RM2.65. GuruFocus considers Solarvest Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0215:

  • ROC (Joel Greenblatt) %: 53.33% (near median its 10-year median of 57.54)
  • GF Value™: RM2.65 vs. price of RM2.96 (11.7% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 545.3% above the Semiconductors median (#193 of 1028)

No single metric tells the full story. See the XKLS:0215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solarvest Holdings Bhd Business Description

Address No. 5, Jalan 13/6, Seksyen 13, L1-01, Pacific 63 at PJ Centre, Petaling Jaya, SGR, MYS, 46200
Solarvest Holdings Bhd is an investment holding company. The company's operating segment includes (engineering, procurement, construction and commissioning) EPCC of the solar energy system; Operations and maintenance of solar energy system; Sale of electricity through solar energy generation, and others. It generates maximum revenue from the EPCC of the solar energy system segment. The company serves residential; commercial; industrial and large-scale solar energy producers. The group operates mainly in Malaysia.
92GF Score

Get the complete analysis for XKLS:0215

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

RM2.96
Price
RM2.65
GF Value