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.
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.
LGMS BhdXKLS:0249 +2.17%76 ROC (Joel Greenblatt) % is 61.13% as of Mar. 2026, which is 68% below its 10-year median of 188.29. GuruFocus rates XKLS:0249 with a GF Score™ of 76/100 and a GF Value™ of RM1.29 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,811 Software companies, LGMS Bhd ranks better than 67.27% 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. LGMS Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 61.13%.
The historical rank and industry rank for LGMS Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0249'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 72.02 Med: 188.29 Max: 304.74
Current: 72.02
During the past 8 years, LGMS Bhd's highest ROC (Joel Greenblatt) % was 304.74%. The lowest was 72.02%. And the median was 188.29%.
XKLS:0249's ROC (Joel Greenblatt) % is ranked better than 67.27% of 2811
companies
in the Software industry
Industry Median: 19.89
vs XKLS:0249: 72.02
LGMS Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.40% per year.
LGMS Bhd (XKLS:0249) 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.
The historical data trend for LGMS 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:0249 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, LGMS 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.
LGMS Bhd ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, LGMS Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where LGMS Bhd's ROC (Joel Greenblatt) % falls into.
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 61.13% mean?
LGMS Bhd (XKLS:0249) has a ROC (Joel Greenblatt) % of 61.13% 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 LGMS Bhd and its competitors. This is 68% below median its historical median of 188.29. Over the past decade, LGMS Bhd's ROC (Joel Greenblatt) % has ranged from 72.02 to 304.74. According to the industry distribution chart, LGMS Bhd ranks #920 out of 2811 companies in the Software industry, placing it in the top 32.7%.
Is LGMS Bhd's ROC (Joel Greenblatt) % too high?
LGMS Bhd's current ROC (Joel Greenblatt) % of 61.13% is 68% below median its 10-year median of 188.29. Over the past 10 years, this metric has ranged from a low of 72.02 to a high of 304.74. The Software industry median ROC (Joel Greenblatt) % is 19.89. LGMS Bhd's value of 61.13% is 207.3% above this industry median. Based on the distribution chart, LGMS Bhd ranks #920 out of 2811 companies in the Software industry, which is above the industry midpoint. Overall, LGMS Bhd has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LGMS Bhd's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, LGMS Bhd ranks #920 out of 2811 companies for ROC (Joel Greenblatt) %. This puts LGMS Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.89. LGMS Bhd's value of 61.13% is 207.3% above this benchmark. Historically, LGMS Bhd's own ROC (Joel Greenblatt) % has ranged from 72.02 to 304.74 over the past decade. While the company's 10-year median is 188.29 vs. the industry median of 19.89, LGMS 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.89, based on 2,811 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. LGMS Bhd's current ROC (Joel Greenblatt) % of 61.13% is 207.3% 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 LGMS Bhd and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LGMS Bhd's current ROC (Joel Greenblatt) % is 61.13%, which is 68% below median its own 10-year median of 188.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGMS Bhd stock overvalued right now?
Based on GuruFocus' analysis, LGMS Bhd (XKLS:0249) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.29, compared to a current price of RM0.47 — trading 63.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 61.13%, which is 68% below median its 10-year median of 188.29 and 207.3% above the Software industry median of 19.89. LGMS Bhd's overall GF Score™ is 76/100 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 LGMS Bhd (XKLS:0249), the current ROC (Joel Greenblatt) % is 61.13% 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 LGMS Bhd (XKLS:0249) Overvalued in 2026?
Based on GuruFocus' analysis, LGMS Bhd stock appears to be undervalued.
The current stock price of RM0.47 is trading 63.6% below its estimated GF Value™ of RM1.29.
GuruFocus considers LGMS Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0249:
ROC (Joel Greenblatt) %: 61.13% (68% below median its 10-year median of 188.29)
GF Value™: RM1.29 vs. price of RM0.47 (63.6% below fair value)
Industry Position: 207.3% above the Software median (#920 of 2811)
No single metric tells the full story. See the XKLS:0249 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LGMS Bhd is an independent provider of professional cybersecurity services involved in cybersecurity assessment and penetration testing, cyber security management and compliance services as well as digital forensics. The company has three segments Cyber risk prevention Involved in the provision of security vulnerability assessment and penetration testing, training, and risk scoring; Cyber risk management and compliance Involved in the provision of cybersecurity advisory, certification, and compliance services; and Cyber threat and incident response Involved in the provision of digital forensics and computer crime investigations, cybersecurity incident response and compromise assessment. It generates revenue from Cyber risk prevention.
76GF Score
Get the complete analysis for XKLS:0249
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0249 has been successfully added to your 
