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Vetece Holdings BhdXKLS:0319 21 ROC (Joel Greenblatt) % is 56.68% as of Feb. 2026, which is 12% below its 10-year median of 64.23. GuruFocus rates XKLS:0319 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 2,817 Software companies, Vetece Holdings Bhd ranks better than 59.14% 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. Vetece Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 56.68%.
The historical rank and industry rank for Vetece Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0319'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.32 Med: 64.23 Max: 91.5
Current: 43.48
During the past 5 years, Vetece Holdings Bhd's highest ROC (Joel Greenblatt) % was 91.50%. The lowest was 23.32%. And the median was 64.23%.
XKLS:0319's ROC (Joel Greenblatt) % is ranked better than 59.14% of 2817
companies
in the Software industry
Industry Median: 20.25
vs XKLS:0319: 43.48
Vetece Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Vetece Holdings Bhd (XKLS:0319) 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.
Vetece Holdings Bhd ROC (Joel Greenblatt) % Related Terms
Vetece Holdings Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Vetece Holdings 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.
XKLS:0319 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Vetece Holdings 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.
Vetece Holdings Bhd ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Vetece Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vetece Holdings Bhd's ROC (Joel Greenblatt) % falls into.
Vetece Holdings 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 (Feb. 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 56.68% mean?
Vetece Holdings Bhd (XKLS:0319) has a ROC (Joel Greenblatt) % of 56.68% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vetece Holdings Bhd and its competitors. This is 12% below median its historical median of 64.23. Over the past decade, Vetece Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 23.32 to 91.50. According to the industry distribution chart, Vetece Holdings Bhd ranks #1151 out of 2817 companies in the Software industry, placing it in the top 40.9%.
Is Vetece Holdings Bhd's ROC (Joel Greenblatt) % too high?
Vetece Holdings Bhd's current ROC (Joel Greenblatt) % of 56.68% is 12% below median its 10-year median of 64.23. Over the past 10 years, this metric has ranged from a low of 23.32 to a high of 91.50. The Software industry median ROC (Joel Greenblatt) % is 20.25. Vetece Holdings Bhd's value of 56.68% is 179.9% above this industry median. Based on the distribution chart, Vetece Holdings Bhd ranks #1151 out of 2817 companies in the Software industry, which is above the industry midpoint. Overall, Vetece Holdings Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Vetece Holdings Bhd's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Vetece Holdings Bhd ranks #1151 out of 2817 companies for ROC (Joel Greenblatt) %. This puts Vetece Holdings Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.25. Vetece Holdings Bhd's value of 56.68% is 179.9% above this benchmark. Historically, Vetece Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 23.32 to 91.50 over the past decade. While the company's 10-year median is 64.23 vs. the industry median of 20.25, Vetece Holdings 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.25, based on 2,817 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. Vetece Holdings Bhd's current ROC (Joel Greenblatt) % of 56.68% is 179.9% 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 Vetece Holdings Bhd and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vetece Holdings Bhd's current ROC (Joel Greenblatt) % is 56.68%, which is 12% below median its own 10-year median of 64.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetece Holdings Bhd stock overvalued right now?
Vetece Holdings Bhd (XKLS:0319) has a current ROC (Joel Greenblatt) % of 56.68%. The current ROC (Joel Greenblatt) % is 56.68%, which is 12% below median its 10-year median of 64.23 and 179.9% above the Software industry median of 20.25. Vetece Holdings Bhd's overall GF Score™ is 21/100 with 4 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 Vetece Holdings Bhd (XKLS:0319), the current ROC (Joel Greenblatt) % is 56.68% as of Feb. 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.
Vetece Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is principally an information technology (IT) solutions provider, providing implementation services, maintenance, support, and professional services as well as the resale of hardware and software. It offers comprehensive end-to-end technology services, specializing in AI and data solutions, consulting, development, operation, testing, and maintenance. The company's operating segments are: Implementation services, Maintenance, support and professional services, and Resale of hardware and software. The majority of the revenue is derived from the Implementation services segment, which involves providing IT services to its clients.
21GF Score
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