Topmix Bhd (XKLS:0302) ROC (Joel Greenblatt) %: 29.76% (As of Mar. 2026) — 10% Above Median

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XKLS:0302 Topmix Bhd XKLS:0302
46 GF Score
Price RM0.40
! 2 Warning Signs
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What is Topmix Bhd ROC (Joel Greenblatt) %?

Topmix Bhd XKLS:0302 46 ROC (Joel Greenblatt) % is 29.76% as of Mar. 2026, which is 10% above its 10-year median of 27.10. GuruFocus rates XKLS:0302 with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 88.91% 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. Topmix Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.76%.

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

XKLS:0302' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.36   Med: 27.1   Max: 40.15
Current: 40.15

During the past 6 years, Topmix Bhd's highest ROC (Joel Greenblatt) % was 40.15%. The lowest was 13.36%. And the median was 27.10%.

XKLS:0302's ROC (Joel Greenblatt) % is ranked better than
88.91% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.37 vs XKLS:0302: 40.15

Topmix Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.60% per year.


Topmix Bhd  (XKLS:0302) 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.


Topmix Bhd ROC (Joel Greenblatt) % Related Terms


Topmix Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd ROC (Joel Greenblatt) % Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 18.25 27.90 26.29 29.70 37.34

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 28.51 38.79 54.11 39.05 29.76

XKLS:0302 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0302
46GF Score
Topmix Bhd XKLS:0302
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topmix 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)
=(21.372 + 26.428 + 3.214) - (7.909 + 0 + 2.885)
=40.22

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.36 + 29.606 + 0.011999999999986) - (9.028 + 0 + 0)
=38.95

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Topmix 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 )
=21.276/( ( (31.172 + max(40.22, 0)) + (32.663 + max(38.95, 0)) )/ 2 )
=21.276/( ( 71.392 + 71.613 )/ 2 )
=21.276/71.5025
=29.76 %

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 29.76% mean?
Topmix Bhd (XKLS:0302) has a ROC (Joel Greenblatt) % of 29.76% 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 Topmix Bhd and its competitors. This is 10% above median its historical median of 27.10. Over the past decade, Topmix Bhd's ROC (Joel Greenblatt) % has ranged from 13.36 to 40.15. According to the industry distribution chart, Topmix Bhd ranks #48 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 11.1%.
Is Topmix Bhd's ROC (Joel Greenblatt) % too high?
Topmix Bhd's current ROC (Joel Greenblatt) % of 29.76% is 10% above median its 10-year median of 27.10. Over the past 10 years, this metric has ranged from a low of 13.36 to a high of 40.15. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.37. Topmix Bhd's value of 29.76% is 217.6% above this industry median. Based on the distribution chart, Topmix Bhd ranks #48 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Topmix Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #48 out of 433 companies for ROC (Joel Greenblatt) %. This places Topmix Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.37. Topmix Bhd's value of 29.76% is 217.6% above this benchmark. Historically, Topmix Bhd's own ROC (Joel Greenblatt) % has ranged from 13.36 to 40.15 over the past decade. While the company's 10-year median is 27.10 vs. the industry median of 9.37, Topmix 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.37, based on 433 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. Topmix Bhd's current ROC (Joel Greenblatt) % of 29.76% is 217.6% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current ROC (Joel Greenblatt) % is 29.76%, which is 10% above median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current ROC (Joel Greenblatt) % of 29.76%. The current ROC (Joel Greenblatt) % is 29.76%, which is 10% above median its 10-year median of 27.10 and 217.6% above the Furnishings, Fixtures & Appliances industry median of 9.37. Topmix Bhd's overall GF Score™ is 46/100 with 2 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 Topmix Bhd (XKLS:0302), the current ROC (Joel Greenblatt) % is 29.76% 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
46GF Score

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

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