Aco Group Bhd (XKLS:0218) ROC (Joel Greenblatt) %: 8.06% (As of Feb. 2026) — 37% Below 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:0218 Aco Group Bhd XKLS:0218
44 GF Score
Price RM0.16
GF Value RM0.21
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Aco Group Bhd ROC (Joel Greenblatt) %?

Aco Group Bhd XKLS:0218 44 ROC (Joel Greenblatt) % is 8.06% as of Feb. 2026, which is 37% below its 10-year median of 12.78. GuruFocus rates XKLS:0218 with a GF Score™ of 44/100 and a GF Value™ of RM0.21 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,494 Hardware companies, Aco Group Bhd ranks worse than 51.64% 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. Aco Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 8.06%.

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

XKLS:0218' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.4   Med: 12.78   Max: 23.06
Current: 9.31

During the past 10 years, Aco Group Bhd's highest ROC (Joel Greenblatt) % was 23.06%. The lowest was 7.40%. And the median was 12.78%.

XKLS:0218's ROC (Joel Greenblatt) % is ranked worse than
51.64% of 2494 companies
in the Hardware industry
Industry Median: 10.42 vs XKLS:0218: 9.31

Aco Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.90% per year.


Aco Group Bhd  (XKLS:0218) 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.


Aco Group Bhd ROC (Joel Greenblatt) % Related Terms


Aco Group Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aco Group 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.

Aco Group Bhd ROC (Joel Greenblatt) % Chart

Aco Group Bhd Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.69 10.86 7.40 10.53 9.34

Aco Group Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 13.35 7.90 12.54 8.80 8.06

XKLS:0218 vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison

For the Electronics & Computer Distribution subindustry, Aco Group 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.


Aco Group Bhd ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Aco Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0218
44GF Score
Aco Group Bhd XKLS:0218
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aco Group 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.05 + 49.721 + 0.46300000000001) - (43.575 + 0 + -7.105427357601E-15)
=46.659

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.119 + 48.231 + 2.003) - (35.088 + 0 + 2.522)
=47.743

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aco Group Bhd for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.552/( ( (21.921 + max(46.659, 0)) + (21.432 + max(47.743, 0)) )/ 2 )
=5.552/( ( 68.58 + 69.175 )/ 2 )
=5.552/68.8775
=8.06 %

Note: The EBIT data used here is four times the quarterly (Feb. 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 8.06% mean?
Aco Group Bhd (XKLS:0218) has a ROC (Joel Greenblatt) % of 8.06% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Aco Group Bhd and its competitors. This is 37% below median its historical median of 12.78. Over the past decade, Aco Group Bhd's ROC (Joel Greenblatt) % has ranged from 7.40 to 23.06. According to the industry distribution chart, Aco Group Bhd ranks #1288 out of 2494 companies in the Hardware industry, placing it in the top 51.6%.
Is Aco Group Bhd's ROC (Joel Greenblatt) % too high?
Aco Group Bhd's current ROC (Joel Greenblatt) % of 8.06% is 37% below median its 10-year median of 12.78. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 23.06. The Hardware industry median ROC (Joel Greenblatt) % is 10.42. Aco Group Bhd's value of 8.06% is 22.6% below this industry median. Based on the distribution chart, Aco Group Bhd ranks #1288 out of 2494 companies in the Hardware industry, which is below the industry midpoint. Overall, Aco Group Bhd has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aco Group Bhd's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, Aco Group Bhd ranks #1288 out of 2494 companies for ROC (Joel Greenblatt) %. This places Aco Group Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.42. Aco Group Bhd's value of 8.06% is 22.6% below this benchmark. Historically, Aco Group Bhd's own ROC (Joel Greenblatt) % has ranged from 7.40 to 23.06 over the past decade. While the company's 10-year median is 12.78 vs. the industry median of 10.42, Aco Group 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.42, based on 2,494 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. Aco Group Bhd's current ROC (Joel Greenblatt) % of 8.06% is 22.6% 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 Aco Group Bhd and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aco Group Bhd's current ROC (Joel Greenblatt) % is 8.06%, which is 37% below median its own 10-year median of 12.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aco Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aco Group Bhd (XKLS:0218) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.16 — trading 23.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.06%, which is 37% below median its 10-year median of 12.78 and 22.6% below the Hardware industry median of 10.42. Aco Group Bhd's overall GF Score™ is 44/100 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 Aco Group Bhd (XKLS:0218), the current ROC (Joel Greenblatt) % is 8.06% as of Feb. 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 Aco Group Bhd (XKLS:0218) Overvalued in 2026?

Based on GuruFocus' analysis, Aco Group Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 23.8% below its estimated GF Value™ of RM0.21. GuruFocus considers Aco Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0218:

  • ROC (Joel Greenblatt) %: 8.06% (37% below median its 10-year median of 12.78)
  • GF Value™: RM0.21 vs. price of RM0.16 (23.8% below fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 22.6% below the Hardware median (#1288 of 2494)

No single metric tells the full story. See the XKLS:0218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aco Group Bhd Business Description

Address Jalan Firma 3, PLO 264, No. 14, Kawasan Perindustrian Tebrau 4, Johor Darul Takzim, Johor Bahru, JHR, MYS, 81100
Aco Group Bhd is an investment holding company. Along with its subsidiaries, it is involved in management consultancy activities, distribution of electrical products and accessories, wholesale of household appliances, and trading of electronic, electrical goods, lighting, and lighting accessories. Its product portfolio comprises communication cables and wires, fans and air-conditioners, water heaters, switches and power outlets, and others. The group's reportable operating segments are as follows: Industrial users and Resellers. Maximum revenue is generated from the Industrial users segment, which represents sales of electrical products and accessories to electrical contractors, electrical products manufacturers, and others. Geographically, the group operates mainly in Malaysia.
44GF Score

Get the complete analysis for XKLS:0218

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

RM0.16
Price
RM0.21
GF Value