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3REN BhdXKLS:0328 +2.60%40 ROC (Joel Greenblatt) % is 26.20% as of Mar. 2026, which is 26% below its 10-year median of 35.49. GuruFocus rates XKLS:0328 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 1,782 Construction companies, 3REN Bhd ranks better than 55.84% 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. 3REN Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.20%.
The historical rank and industry rank for 3REN Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0328'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.49 Med: 35.49 Max: 86.09
Current: 23.91
During the past 6 years, 3REN Bhd's highest ROC (Joel Greenblatt) % was 86.09%. The lowest was 17.49%. And the median was 35.49%.
XKLS:0328's ROC (Joel Greenblatt) % is ranked better than 55.84% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs XKLS:0328: 23.91
3REN Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -28.00% per year.
3REN Bhd (XKLS:0328) 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.
The historical data trend for 3REN 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:0328 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, 3REN 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.
3REN Bhd ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, 3REN Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where 3REN Bhd's ROC (Joel Greenblatt) % falls into.
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 26.20% mean?
3REN Bhd (XKLS:0328) has a ROC (Joel Greenblatt) % of 26.20% 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 3REN Bhd and its competitors. This is 26% below median its historical median of 35.49. Over the past decade, 3REN Bhd's ROC (Joel Greenblatt) % has ranged from 17.49 to 86.09. According to the industry distribution chart, 3REN Bhd ranks #787 out of 1782 companies in the Construction industry, placing it in the top 44.2%.
Is 3REN Bhd's ROC (Joel Greenblatt) % too high?
3REN Bhd's current ROC (Joel Greenblatt) % of 26.20% is 26% below median its 10-year median of 35.49. Over the past 10 years, this metric has ranged from a low of 17.49 to a high of 86.09. The Construction industry median ROC (Joel Greenblatt) % is 19.60. 3REN Bhd's value of 26.20% is 33.7% above this industry median. Based on the distribution chart, 3REN Bhd ranks #787 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, 3REN Bhd has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does 3REN Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, 3REN Bhd ranks #787 out of 1782 companies for ROC (Joel Greenblatt) %. This puts 3REN Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.60. 3REN Bhd's value of 26.20% is 33.7% above this benchmark. Historically, 3REN Bhd's own ROC (Joel Greenblatt) % has ranged from 17.49 to 86.09 over the past decade. While the company's 10-year median is 35.49 vs. the industry median of 19.60, 3REN 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.60, based on 1,782 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. 3REN Bhd's current ROC (Joel Greenblatt) % of 26.20% is 33.7% 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 3REN Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3REN Bhd's current ROC (Joel Greenblatt) % is 26.20%, which is 26% below median its own 10-year median of 35.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3REN Bhd stock overvalued right now?
3REN Bhd (XKLS:0328) has a current ROC (Joel Greenblatt) % of 26.20%. The current ROC (Joel Greenblatt) % is 26.20%, which is 26% below median its 10-year median of 35.49 and 33.7% above the Construction industry median of 19.60. 3REN Bhd's overall GF Score™ is 40/100 with 6 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 3REN Bhd (XKLS:0328), the current ROC (Joel Greenblatt) % is 26.20% 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.
3REN Bhd is principally an investment holding company that operates through subsidiaries and is principally engaged in automation solutions and engineering services. Its business activities include the provision of product engineering services, the provision of engineering support services for IC assembly and testing, the design, development, and sale of digitalised solutions, and the design, development, and sale of automated equipment. The Group serves a diverse range of industries, including semiconductor and electronics, automotive, consumer electronics, fast-moving consumer goods (FMCG), medical device manufacturing, and life sciences. The company operates in three segments: Manufacturing operating solutions and services, Product engineering services, and Others.
40GF Score
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