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Steel Hawk BhdXKLS:0320 +5.56%64 ROC (Joel Greenblatt) % is 16.06% as of Mar. 2026, which is 87% below its 10-year median of 128.42. GuruFocus rates XKLS:0320 with a GF Score™ of 64/100 and a GF Value™ of RM0.22 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 998 Oil & Gas companies, Steel Hawk Bhd ranks better than 85.57% 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. Steel Hawk Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.06%.
The historical rank and industry rank for Steel Hawk Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0320'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.73 Med: 128.42 Max: 257.66
Current: 28.73
During the past 7 years, Steel Hawk Bhd's highest ROC (Joel Greenblatt) % was 257.66%. The lowest was 28.73%. And the median was 128.42%.
XKLS:0320's ROC (Joel Greenblatt) % is ranked better than 85.57% of 998
companies
in the Oil & Gas industry
Industry Median: 8.56
vs XKLS:0320: 28.73
Steel Hawk Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -24.30% per year.
Steel Hawk Bhd (XKLS:0320) 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.
Steel Hawk Bhd ROC (Joel Greenblatt) % Related Terms
Steel Hawk Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Steel Hawk 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:0320 vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Steel Hawk 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.
Steel Hawk Bhd ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Steel Hawk Bhd's ROC (Joel Greenblatt) % falls into.
Steel Hawk 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 16.06% mean?
Steel Hawk Bhd (XKLS:0320) has a ROC (Joel Greenblatt) % of 16.06% 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 Steel Hawk Bhd and its competitors. This is 87% below median its historical median of 128.42. Over the past decade, Steel Hawk Bhd's ROC (Joel Greenblatt) % has ranged from 28.73 to 257.66. According to the industry distribution chart, Steel Hawk Bhd ranks #144 out of 998 companies in the Oil & Gas industry, placing it in the top 14.4%.
Is Steel Hawk Bhd's ROC (Joel Greenblatt) % too high?
Steel Hawk Bhd's current ROC (Joel Greenblatt) % of 16.06% is 87% below median its 10-year median of 128.42. Over the past 10 years, this metric has ranged from a low of 28.73 to a high of 257.66. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.56. Steel Hawk Bhd's value of 16.06% is 87.6% above this industry median. Based on the distribution chart, Steel Hawk Bhd ranks #144 out of 998 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Steel Hawk Bhd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel Hawk Bhd's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Steel Hawk Bhd ranks #144 out of 998 companies for ROC (Joel Greenblatt) %. This places Steel Hawk Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.56. Steel Hawk Bhd's value of 16.06% is 87.6% above this benchmark. Historically, Steel Hawk Bhd's own ROC (Joel Greenblatt) % has ranged from 28.73 to 257.66 over the past decade. While the company's 10-year median is 128.42 vs. the industry median of 8.56, Steel Hawk 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.56, based on 998 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. Steel Hawk Bhd's current ROC (Joel Greenblatt) % of 16.06% is 87.6% 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 Steel Hawk Bhd and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Hawk Bhd's current ROC (Joel Greenblatt) % is 16.06%, which is 87% below median its own 10-year median of 128.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Hawk Bhd stock overvalued right now?
Based on GuruFocus' analysis, Steel Hawk Bhd (XKLS:0320) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.19 — trading 13.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.06%, which is 87% below median its 10-year median of 128.42 and 87.6% above the Oil & Gas industry median of 8.56. Steel Hawk Bhd's overall GF Score™ is 64/100 with 9 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 Steel Hawk Bhd (XKLS:0320), the current ROC (Joel Greenblatt) % is 16.06% 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 Steel Hawk Bhd (XKLS:0320) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Hawk Bhd stock appears to be undervalued.
The current stock price of RM0.19 is trading 13.6% below its estimated GF Value™ of RM0.22.
GuruFocus considers Steel Hawk Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0320:
ROC (Joel Greenblatt) %: 16.06% (87% below median its 10-year median of 128.42)
GF Value™: RM0.22 vs. price of RM0.19 (13.6% below fair value)
Industry Position: 87.6% above the Oil & Gas median (#144 of 998)
No single metric tells the full story. See the XKLS:0320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Hawk Bhd is engaged in investment holding company. It operates as an integrated engineering and industrial solutions provider supporting the energy, infrastructure, and utilities sectors. It is principally involved in the provision of EPCC services, as well as onshore and offshore support services for the O&G industry. The group's segments are EPCC services and facilities improvement/maintenance, I&M of oilfield equipment, and Supply of oilfield equipment. It generates maximum revenue from EPCC services and facilities improvement/maintenance that includes the provision of EPCC services for chemical injection skids installed at onshore or offshore exploration and production facilities, and other services. Geographically, it derives key revenue from its customers within Malaysia.
64GF Score
Get the complete analysis for XKLS:0320
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