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Carlo Rino Group BhdXKLS:0335 56 ROC (Joel Greenblatt) % is 37.33% as of Mar. 2026, which is 81% above its 10-year median of 20.57. GuruFocus rates XKLS:0335 with a GF Score™ of 56/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 78.55% 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. Carlo Rino Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.33%.
The historical rank and industry rank for Carlo Rino Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0335'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.35 Med: 20.57 Max: 56.02
Current: 20.63
During the past 10 years, Carlo Rino Group Bhd's highest ROC (Joel Greenblatt) % was 56.02%. The lowest was 8.35%. And the median was 20.57%.
XKLS:0335's ROC (Joel Greenblatt) % is ranked better than 78.55% of 1063
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.37
vs XKLS:0335: 20.63
Carlo Rino Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.00% per year.
Carlo Rino Group Bhd (XKLS:0335) 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.
Carlo Rino Group Bhd ROC (Joel Greenblatt) % Related Terms
Carlo Rino Group Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Carlo Rino Group 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.
Carlo Rino Group Bhd ROC (Joel Greenblatt) % Chart
XKLS:0335 vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, Carlo Rino 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.
Carlo Rino Group Bhd ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Carlo Rino Group Bhd's ROC (Joel Greenblatt) % falls into.
Carlo Rino 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 37.33% mean?
Carlo Rino Group Bhd (XKLS:0335) has a ROC (Joel Greenblatt) % of 37.33% 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 Carlo Rino Group Bhd and its competitors. This is 81% above median its historical median of 20.57. Over the past decade, Carlo Rino Group Bhd's ROC (Joel Greenblatt) % has ranged from 8.35 to 56.02. According to the industry distribution chart, Carlo Rino Group Bhd ranks #228 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.4%.
Is Carlo Rino Group Bhd's ROC (Joel Greenblatt) % too high?
Carlo Rino Group Bhd's current ROC (Joel Greenblatt) % of 37.33% is 81% above median its 10-year median of 20.57. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 56.02. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.37. Carlo Rino Group Bhd's value of 37.33% is 346% above this industry median. Based on the distribution chart, Carlo Rino Group Bhd ranks #228 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Carlo Rino Group Bhd has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #228 out of 1063 companies for ROC (Joel Greenblatt) %. This places Carlo Rino Group Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.37. Carlo Rino Group Bhd's value of 37.33% is 346% above this benchmark. Historically, Carlo Rino Group Bhd's own ROC (Joel Greenblatt) % has ranged from 8.35 to 56.02 over the past decade. While the company's 10-year median is 20.57 vs. the industry median of 8.37, Carlo Rino Group 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.37, based on 1,063 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. Carlo Rino Group Bhd's current ROC (Joel Greenblatt) % of 37.33% is 346% 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Rino Group Bhd's current ROC (Joel Greenblatt) % is 37.33%, which is 81% above median its own 10-year median of 20.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.19 — trading 32.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 37.33%, which is 81% above median its 10-year median of 20.57 and 346% above the Manufacturing - Apparel & Accessories industry median of 8.37. Carlo Rino Group Bhd's overall GF Score™ is 56/100 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 Carlo Rino Group Bhd (XKLS:0335), the current ROC (Joel Greenblatt) % is 37.33% 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?
Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued.
The current stock price of RM0.19 is trading 32.1% below its estimated GF Value™ of RM0.28.
GuruFocus considers Carlo Rino Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0335:
ROC (Joel Greenblatt) %: 37.33% (81% above median its 10-year median of 20.57)
GF Value™: RM0.28 vs. price of RM0.19 (32.1% below fair value)
Industry Position: 346% above the Manufacturing - Apparel & Accessories median (#228 of 1063)
No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
56GF Score
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