Smile-Link Healthcare Global Bhd (XKLS:03023) ROC (Joel Greenblatt) %: 3.44% (As of Dec. 2025) — 64% Below Median

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What is Smile-Link Healthcare Global Bhd ROC (Joel Greenblatt) %?

Smile-Link Healthcare Global Bhd XKLS:03023 ROC (Joel Greenblatt) % is 3.44% as of Dec. 2025, which is 64% below its 10-year median of 9.63. The stock has 6 warning signs investors should review. Among 669 Healthcare Providers & Services companies, Smile-Link Healthcare Global Bhd ranks worse than 67.56% 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. Smile-Link Healthcare Global Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.44%.

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

XKLS:03023' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.93   Med: 9.63   Max: 72.78
Current: 1.04

During the past 9 years, Smile-Link Healthcare Global Bhd's highest ROC (Joel Greenblatt) % was 72.78%. The lowest was -4.93%. And the median was 9.63%.

XKLS:03023's ROC (Joel Greenblatt) % is ranked worse than
67.56% of 669 companies
in the Healthcare Providers & Services industry
Industry Median: 12.46 vs XKLS:03023: 1.04

Smile-Link Healthcare Global Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Smile-Link Healthcare Global Bhd  (XKLS:03023) 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.


Smile-Link Healthcare Global Bhd ROC (Joel Greenblatt) % Related Terms


Smile-Link Healthcare Global Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Smile-Link Healthcare Global 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.

Smile-Link Healthcare Global Bhd ROC (Joel Greenblatt) % Chart

Smile-Link Healthcare Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 9.63 -4.93 8.19 3.66 2.62

Smile-Link Healthcare Global Bhd Semi-Annual Data
Dec16 Dec17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.90 -19.84 7.03 -1.30 3.44

XKLS:03023 vs HCA, THC, DVA: ROC (Joel Greenblatt) % Comparison

For the Medical Care Facilities subindustry, Smile-Link Healthcare Global 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.


Smile-Link Healthcare Global Bhd ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Smile-Link Healthcare Global Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Smile-Link Healthcare Global Bhd's ROC (Joel Greenblatt) % falls into.



Smile-Link Healthcare Global 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.735 + 3.143 + 1.205) - (3.132 + 0 + 0.0010000000000012)
=11.95

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.649 + 3.604 + 1.355) - (2.222 + 0 + 0.0010000000000012)
=10.385

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Smile-Link Healthcare Global Bhd for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.958/( ( (16.865 + max(11.95, 0)) + (16.564 + max(10.385, 0)) )/ 2 )
=0.958/( ( 28.815 + 26.949 )/ 2 )
=0.958/27.882
=3.44 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 3.44% mean?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a ROC (Joel Greenblatt) % of 3.44% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Smile-Link Healthcare Global Bhd and its competitors. This is 64% below median its historical median of 9.63. According to the industry distribution chart, Smile-Link Healthcare Global Bhd ranks #452 out of 669 companies in the Healthcare Providers & Services industry, placing it in the top 67.6%.
Is Smile-Link Healthcare Global Bhd's ROC (Joel Greenblatt) % too high?
Smile-Link Healthcare Global Bhd's current ROC (Joel Greenblatt) % of 3.44% is 64% below median its 10-year median of 9.63. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.46. Smile-Link Healthcare Global Bhd's value of 3.44% is 72.4% below this industry median. Based on the distribution chart, Smile-Link Healthcare Global Bhd ranks #452 out of 669 companies in the Healthcare Providers & Services industry, which is below the industry midpoint.
How does Smile-Link Healthcare Global Bhd's ROC (Joel Greenblatt) % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Smile-Link Healthcare Global Bhd ranks #452 out of 669 companies for ROC (Joel Greenblatt) %. This places Smile-Link Healthcare Global Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.46. Smile-Link Healthcare Global Bhd's value of 3.44% is 72.4% below this benchmark. While the company's 10-year median is 9.63 vs. the industry median of 12.46, Smile-Link Healthcare Global 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.46, based on 669 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. Smile-Link Healthcare Global Bhd's current ROC (Joel Greenblatt) % of 3.44% is 72.4% 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 Smile-Link Healthcare Global Bhd and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smile-Link Healthcare Global Bhd's current ROC (Joel Greenblatt) % is 3.44%, which is 64% below median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smile-Link Healthcare Global Bhd stock overvalued right now?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a current ROC (Joel Greenblatt) % of 3.44%. The stock's GF Value™ is RM0.10, compared to a current price of RM0.10 — trading right at its estimated fair value. The current ROC (Joel Greenblatt) % is 3.44%, which is 64% below median its 10-year median of 9.63 and 72.4% below the Healthcare Providers & Services industry median of 12.46. 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 Smile-Link Healthcare Global Bhd (XKLS:03023), the current ROC (Joel Greenblatt) % is 3.44% as of Dec. 2025. 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.

Smile-Link Healthcare Global Bhd Business Description

Address Jalan Merah Caga, Lot PT 7221, Taman Sri Endah, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000
Smile-Link Healthcare Global Bhd through its subsidiaries, is engaged in providing dental healthcare services in Malaysia. Its reportable operating segments are; Provision of dental services which derives maximum revenue, Trading and distribution of dental and pharmaceutical products, Others, comprising dental labs and manufacturing of dental instruments, and Investment holding.