Vestland Bhd (XKLS:0273) ROC (Joel Greenblatt) %: 27.49% (As of Mar. 2026) — 53% Below Median

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XKLS:0273 Vestland Bhd XKLS:0273
55 GF Score
Price RM0.70
GF Value RM0.86
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Vestland Bhd ROC (Joel Greenblatt) %?

Vestland Bhd XKLS:0273 +2.19% 55 ROC (Joel Greenblatt) % is 27.49% as of Mar. 2026, which is 53% below its 10-year median of 58.56. GuruFocus rates XKLS:0273 with a GF Score™ of 55/100 and a GF Value™ of RM0.86 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,752 Real Estate companies, Vestland Bhd ranks better than 64.1% 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. Vestland Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.49%.

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

XKLS:0273' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.93   Med: 58.56   Max: 149.65
Current: 31.93

During the past 7 years, Vestland Bhd's highest ROC (Joel Greenblatt) % was 149.65%. The lowest was 31.93%. And the median was 58.56%.

XKLS:0273's ROC (Joel Greenblatt) % is ranked better than
64.1% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs XKLS:0273: 31.93

Vestland Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.10% per year.


Vestland Bhd  (XKLS:0273) 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.


Vestland Bhd ROC (Joel Greenblatt) % Related Terms


Vestland Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vestland 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.

Vestland Bhd ROC (Joel Greenblatt) % Chart

Vestland Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 58.56 149.65 93.30 65.42 38.53

Vestland Bhd Quarterly Data
Dec19 Dec20 Dec21 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 42.80 43.22 35.95 22.42 27.49

Vestland Bhd ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Vestland 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.


Vestland Bhd ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vestland Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0273
55GF Score
Vestland Bhd XKLS:0273
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestland 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)
=(501.945 + 0 + 7.17) - (259.548 + 0 + 51.602)
=197.965

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(522.842 + 0 + 0.00099999999997635) - (277.763 + 0 + 30.109)
=214.971

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vestland 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 )
=66.96/( ( (37.009 + max(197.965, 0)) + (37.259 + max(214.971, 0)) )/ 2 )
=66.96/( ( 234.974 + 252.23 )/ 2 )
=66.96/243.602
=27.49 %

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 27.49% mean?
Vestland Bhd (XKLS:0273) has a ROC (Joel Greenblatt) % of 27.49% 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 Vestland Bhd and its competitors. This is 53% below median its historical median of 58.56. Over the past decade, Vestland Bhd's ROC (Joel Greenblatt) % has ranged from 31.93 to 149.65. According to the industry distribution chart, Vestland Bhd ranks #629 out of 1752 companies in the Real Estate industry, placing it in the top 35.9%.
Is Vestland Bhd's ROC (Joel Greenblatt) % too high?
Vestland Bhd's current ROC (Joel Greenblatt) % of 27.49% is 53% below median its 10-year median of 58.56. Over the past 10 years, this metric has ranged from a low of 31.93 to a high of 149.65. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Vestland Bhd's value of 27.49% is 113.9% above this industry median. Based on the distribution chart, Vestland Bhd ranks #629 out of 1752 companies in the Real Estate industry, which is above the industry midpoint. Overall, Vestland Bhd has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestland Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Vestland Bhd ranks #629 out of 1752 companies for ROC (Joel Greenblatt) %. This puts Vestland Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. Vestland Bhd's value of 27.49% is 113.9% above this benchmark. Historically, Vestland Bhd's own ROC (Joel Greenblatt) % has ranged from 31.93 to 149.65 over the past decade. While the company's 10-year median is 58.56 vs. the industry median of 12.85, Vestland 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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. Vestland Bhd's current ROC (Joel Greenblatt) % of 27.49% is 113.9% 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 Vestland Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestland Bhd's current ROC (Joel Greenblatt) % is 27.49%, which is 53% below median its own 10-year median of 58.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestland Bhd stock overvalued right now?
Based on GuruFocus' analysis, Vestland Bhd (XKLS:0273) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.86, compared to a current price of RM0.70 — trading 18.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.49%, which is 53% below median its 10-year median of 58.56 and 113.9% above the Real Estate industry median of 12.85. Vestland Bhd's overall GF Score™ is 55/100 with 12 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 Vestland Bhd (XKLS:0273), the current ROC (Joel Greenblatt) % is 27.49% 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 Vestland Bhd (XKLS:0273) Overvalued in 2026?

Based on GuruFocus' analysis, Vestland Bhd stock appears to be undervalued. The current stock price of RM0.70 is trading 18.6% below its estimated GF Value™ of RM0.86. GuruFocus considers Vestland Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0273:

  • ROC (Joel Greenblatt) %: 27.49% (53% below median its 10-year median of 58.56)
  • GF Value™: RM0.86 vs. price of RM0.70 (18.6% below fair value)
  • GF Score™: 55/100 with 12 warning signs
  • Industry Position: 113.9% above the Real Estate median (#629 of 1752)

No single metric tells the full story. See the XKLS:0273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vestland Bhd Business Description

Address No.6, Jalan Juruanalisis, Level 20, Subplace Boulevard, U1/35, Seksyen U1, Pusat Komersil Vestland, Shah Alam, SGR, MYS, 40150
Vestland Bhd is principally engaged as an investment holding. The company's business classified into two categories Build segment As a build contractor, the Group is responsible for the overall project, including project management, project planning, construction, completion and handover, based on the designs provided by customers; and Design and build segment As a design and build contractor, the Group is responsible for the overall project, including planning and coordinating the design aspects of the project, covering technical specifications as well as the coordination of relevant submissions to the authorities. The company operates in a single segment. The group's operation is predominantly carried out in Malaysia.
55GF Score

Get the complete analysis for XKLS:0273

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

RM0.70
Price
RM0.86
GF Value