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Solar District Cooling Group BhdXKLS:0321 45 ROC (Joel Greenblatt) % is -14.11% as of Mar. 2026. GuruFocus rates XKLS:0321 with a GF Score™ of 45/100. The stock has 8 warning signs investors should review. Among 1,080 Business Services companies, Solar District Cooling Group Bhd ranks better than 66.85% 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. Solar District Cooling Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.11%.
The historical rank and industry rank for Solar District Cooling Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0321'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.25 Med: 41.54 Max: 59.97
Current: 44.28
During the past 6 years, Solar District Cooling Group Bhd's highest ROC (Joel Greenblatt) % was 59.97%. The lowest was 19.25%. And the median was 41.54%.
XKLS:0321's ROC (Joel Greenblatt) % is ranked better than 66.85% of 1080
companies
in the Business Services industry
Industry Median: 21.085
vs XKLS:0321: 44.28
Solar District Cooling Group Bhd (XKLS:0321) 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.
* 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.
Solar District Cooling Group Bhd ROC (Joel Greenblatt) % Chart
XKLS:0321 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Solar District Cooling Group 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.
Solar District Cooling Group Bhd ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Solar District Cooling Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Solar District Cooling Group Bhd's ROC (Joel Greenblatt) % falls into.
Solar District Cooling Group 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 -14.11% mean?
Solar District Cooling Group Bhd (XKLS:0321) has a ROC (Joel Greenblatt) % of -14.11% 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 Solar District Cooling Group Bhd and its competitors. Over the past decade, Solar District Cooling Group Bhd's ROC (Joel Greenblatt) % has ranged from 19.25 to 59.97. According to the industry distribution chart, Solar District Cooling Group Bhd ranks #358 out of 1080 companies in the Business Services industry, placing it in the top 33.1%.
Is Solar District Cooling Group Bhd's ROC (Joel Greenblatt) % too high?
Solar District Cooling Group Bhd's current ROC (Joel Greenblatt) % is -14.11%. Over the past 10 years, this metric has ranged from a low of 19.25 to a high of 59.97. Based on the distribution chart, Solar District Cooling Group Bhd ranks #358 out of 1080 companies in the Business Services industry, which is above the industry midpoint. Overall, Solar District Cooling Group Bhd has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Solar District Cooling Group Bhd's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Solar District Cooling Group Bhd ranks #358 out of 1080 companies for ROC (Joel Greenblatt) %. This puts Solar District Cooling Group Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.09. Historically, Solar District Cooling Group Bhd's own ROC (Joel Greenblatt) % has ranged from 19.25 to 59.97 over the past decade. 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.09, based on 1,080 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. 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 Solar District Cooling Group Bhd and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar District Cooling Group Bhd's current ROC (Joel Greenblatt) % is -14.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar District Cooling Group Bhd stock overvalued right now?
Solar District Cooling Group Bhd (XKLS:0321) has a current ROC (Joel Greenblatt) % of -14.11%. The current ROC (Joel Greenblatt) % is -14.11%. Solar District Cooling Group Bhd's overall GF Score™ is 45/100 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 Solar District Cooling Group Bhd (XKLS:0321), the current ROC (Joel Greenblatt) % is -14.11% 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.
Solar District Cooling Group Bhd is principally involved in the provision and maintenance of Building Management Systems (BMS), solar thermal systems, energy saving systems and other energy services. The company specialises in the maintenance of gas-fired chillers, ensuring reliable and efficient cooling solutions. Its wholly-owned subsidiary is principally involved in mechanical and electrical works, and project management services. The segments of the company are Building Management Systems, Solar Thermal Systems & Energy Saving Services, and Maintenance of Other Systems and Equipment. Out of three segments, BMS segment generates key revenue and with focus on Malaysia, Singapore and Brunei markets.
45GF Score
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