Plytec Holding Bhd (XKLS:0289) ROC (Joel Greenblatt) %: 8.90% (As of Mar. 2026) — 23% Below Median

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XKLS:0289 Plytec Holding Bhd XKLS:0289
34 GF Score
Price RM0.17
GF Value RM0.27
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Plytec Holding Bhd ROC (Joel Greenblatt) %?

Plytec Holding Bhd XKLS:0289 34 ROC (Joel Greenblatt) % is 8.90% as of Mar. 2026, which is 23% below its 10-year median of 11.51. GuruFocus rates XKLS:0289 with a GF Score™ of 34/100 and a GF Value™ of RM0.27 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 408 Building Materials companies, Plytec Holding Bhd ranks worse than 76.47% 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. Plytec Holding Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.90%.

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

XKLS:0289' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.92   Med: 11.51   Max: 16.13
Current: 0.99

During the past 6 years, Plytec Holding Bhd's highest ROC (Joel Greenblatt) % was 16.13%. The lowest was 0.92%. And the median was 11.51%.

XKLS:0289's ROC (Joel Greenblatt) % is ranked worse than
76.47% of 408 companies
in the Building Materials industry
Industry Median: 8.6 vs XKLS:0289: 0.99

Plytec Holding Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -32.00% per year.


Plytec Holding Bhd  (XKLS:0289) 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.


Plytec Holding Bhd ROC (Joel Greenblatt) % Related Terms


Plytec Holding Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Plytec Holding 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.

Plytec Holding Bhd ROC (Joel Greenblatt) % Chart

Plytec Holding Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 13.85 16.13 9.13 11.89 0.92

Plytec Holding Bhd Quarterly Data
Dec20 Dec21 Dec22 May23 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 8.12 8.37 9.56 -22.95 8.90

XKLS:0289 vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison

For the Building Materials subindustry, Plytec Holding 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.


Plytec Holding Bhd ROC (Joel Greenblatt) % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Plytec Holding Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0289
34GF Score
Plytec Holding Bhd XKLS:0289
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plytec Holding 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)
=(62.242 + 15.987 + 7.643) - (42.964 + 0 + 3.77)
=39.138

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.15 + 15.254 + 0.998) - (32.636 + 0 + 0)
=45.766

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Plytec Holding 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 )
=18.94/( ( (173.407 + max(39.138, 0)) + (167.42 + max(45.766, 0)) )/ 2 )
=18.94/( ( 212.545 + 213.186 )/ 2 )
=18.94/212.8655
=8.90 %

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 8.90% mean?
Plytec Holding Bhd (XKLS:0289) has a ROC (Joel Greenblatt) % of 8.90% 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 Plytec Holding Bhd and its competitors. This is 23% below median its historical median of 11.51. Over the past decade, Plytec Holding Bhd's ROC (Joel Greenblatt) % has ranged from 0.92 to 16.13. According to the industry distribution chart, Plytec Holding Bhd ranks #312 out of 408 companies in the Building Materials industry, placing it in the top 76.5%.
Is Plytec Holding Bhd's ROC (Joel Greenblatt) % too high?
Plytec Holding Bhd's current ROC (Joel Greenblatt) % of 8.90% is 23% below median its 10-year median of 11.51. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 16.13. The Building Materials industry median ROC (Joel Greenblatt) % is 8.60. Plytec Holding Bhd's value of 8.90% is 3.5% above this industry median. Based on the distribution chart, Plytec Holding Bhd ranks #312 out of 408 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Plytec Holding Bhd has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plytec Holding Bhd's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Plytec Holding Bhd ranks #312 out of 408 companies for ROC (Joel Greenblatt) %. This places Plytec Holding Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.60. Plytec Holding Bhd's value of 8.90% is 3.5% above this benchmark. Historically, Plytec Holding Bhd's own ROC (Joel Greenblatt) % has ranged from 0.92 to 16.13 over the past decade. While the company's 10-year median is 11.51 vs. the industry median of 8.60, Plytec Holding 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.60, based on 408 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. Plytec Holding Bhd's current ROC (Joel Greenblatt) % of 8.90% is 3.5% 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 Plytec Holding Bhd and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plytec Holding Bhd's current ROC (Joel Greenblatt) % is 8.90%, which is 23% below median its own 10-year median of 11.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plytec Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Plytec Holding Bhd (XKLS:0289) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.27, compared to a current price of RM0.17 — trading 37% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.90%, which is 23% below median its 10-year median of 11.51 and 3.5% above the Building Materials industry median of 8.60. Plytec Holding Bhd's overall GF Score™ is 34/100 with 8 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 Plytec Holding Bhd (XKLS:0289), the current ROC (Joel Greenblatt) % is 8.90% 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 Plytec Holding Bhd (XKLS:0289) Overvalued in 2026?

Based on GuruFocus' analysis, Plytec Holding Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 37% below its estimated GF Value™ of RM0.27. GuruFocus considers Plytec Holding Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0289:

  • ROC (Joel Greenblatt) %: 8.90% (23% below median its 10-year median of 11.51)
  • GF Value™: RM0.27 vs. price of RM0.17 (37% below fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 3.5% above the Building Materials median (#312 of 408)

No single metric tells the full story. See the XKLS:0289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plytec Holding Bhd Business Description

Address No. 19, Jalan Meranti Permai 3, Jalan Puchong, Meranti Permai Industrial Park, Batu 15, Puchong, SGR, MYS, 47100
Plytec Holding Bhd is principally involved in the provision of construction engineering solutions and trading and distribution of core and general building materials for construction projects. Its construction engineering solutions and services include CME Solutions, DDE Solutions, and PC Solutions, which are aimed at increasing the efficiency and safety in construction activities via the adoption of industrialization practices. The company's reportable segments are Construction method engineering solutions, Manufacturing, trading and distribution of building materials, Digital design and engineering solutions, Prefabricated construction solutions and Polymer material compounding and product. The majority of revenue is generated from construction method engineering solutions.
34GF Score

Get the complete analysis for XKLS:0289

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

RM0.17
Price
RM0.27
GF Value