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Minox International Group BhdXKLS:0288 -3.03%38 ROC (Joel Greenblatt) % is 3.40% as of Mar. 2026, which is 79% below its 10-year median of 16.51. GuruFocus rates XKLS:0288 with a GF Score™ of 38/100 and a GF Value™ of RM0.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 632 Steel companies, Minox International Group Bhd ranks better than 60.92% 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. Minox International Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.40%.
The historical rank and industry rank for Minox International Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0288'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.37 Med: 16.51 Max: 32.79
Current: 10.37
During the past 7 years, Minox International Group Bhd's highest ROC (Joel Greenblatt) % was 32.79%. The lowest was 10.37%. And the median was 16.51%.
XKLS:0288's ROC (Joel Greenblatt) % is ranked better than 60.92% of 632
companies
in the Steel industry
Industry Median: 7.095
vs XKLS:0288: 10.37
Minox International Group Bhd (XKLS:0288) 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.
* 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.
Minox International Group Bhd ROC (Joel Greenblatt) % Chart
XKLS:0288 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Minox International 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.
Minox International Group Bhd ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Minox International Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Minox International Group Bhd's ROC (Joel Greenblatt) % falls into.
Minox International 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:
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 3.40% mean?
Minox International Group Bhd (XKLS:0288) has a ROC (Joel Greenblatt) % of 3.40% 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 Minox International Group Bhd and its competitors. This is 79% below median its historical median of 16.51. Over the past decade, Minox International Group Bhd's ROC (Joel Greenblatt) % has ranged from 10.37 to 32.79. According to the industry distribution chart, Minox International Group Bhd ranks #247 out of 632 companies in the Steel industry, placing it in the top 39.1%.
Is Minox International Group Bhd's ROC (Joel Greenblatt) % too high?
Minox International Group Bhd's current ROC (Joel Greenblatt) % of 3.40% is 79% below median its 10-year median of 16.51. Over the past 10 years, this metric has ranged from a low of 10.37 to a high of 32.79. The Steel industry median ROC (Joel Greenblatt) % is 7.10. Minox International Group Bhd's value of 3.40% is 52.1% below this industry median. Based on the distribution chart, Minox International Group Bhd ranks #247 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Minox International Group Bhd has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Minox International Group Bhd's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Minox International Group Bhd ranks #247 out of 632 companies for ROC (Joel Greenblatt) %. This puts Minox International Group Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 7.10. Minox International Group Bhd's value of 3.40% is 52.1% below this benchmark. Historically, Minox International Group Bhd's own ROC (Joel Greenblatt) % has ranged from 10.37 to 32.79 over the past decade. While the company's 10-year median is 16.51 vs. the industry median of 7.10, Minox International 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 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. Minox International Group Bhd's current ROC (Joel Greenblatt) % of 3.40% is 52.1% 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 Minox International Group 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. Minox International Group Bhd's current ROC (Joel Greenblatt) % is 3.40%, which is 79% below median its own 10-year median of 16.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minox International Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Minox International Group Bhd (XKLS:0288) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.16 — trading 20% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.40%, which is 79% below median its 10-year median of 16.51 and 52.1% below the Steel industry median of 7.10. Minox International Group Bhd's overall GF Score™ is 38/100 with 3 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 Minox International Group Bhd (XKLS:0288), the current ROC (Joel Greenblatt) % is 3.40% 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 Minox International Group Bhd (XKLS:0288) Overvalued in 2026?
Based on GuruFocus' analysis, Minox International Group Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 20% below its estimated GF Value™ of RM0.20.
GuruFocus considers Minox International Group Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0288:
ROC (Joel Greenblatt) %: 3.40% (79% below median its 10-year median of 16.51)
GF Value™: RM0.20 vs. price of RM0.16 (20% below fair value)
Industry Position: 52.1% below the Steel median (#247 of 632)
No single metric tells the full story. See the XKLS:0288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minox International Group Bhd Business Description
Minox International Group Bhd is principally an investment holding company. Along with its subsidiaries, it is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand, and other related products. Minox offers products that cater to the industrial end-customers' diverse requirements. The range includes different types and specifications such as size, dimension, material grade, and surface finishing. Geographically, the Group generates maximum revenue from Malaysia, and the rest from Singapore, Thailand, Indonesia, and other regions.
38GF Score
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