West River Bhd (XKLS:0353) ROC (Joel Greenblatt) %: 73.23% (As of Mar. 2026) — 10% Below Median

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XKLS:0353 West River Bhd XKLS:0353
35 GF Score
Price RM0.25
! 3 Warning Signs
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What is West River Bhd ROC (Joel Greenblatt) %?

West River Bhd XKLS:0353 +2.08% 35 ROC (Joel Greenblatt) % is 73.23% as of Mar. 2026, which is 10% below its 10-year median of 81.62. GuruFocus rates XKLS:0353 with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 1,783 Construction companies, West River Bhd ranks better than 87.38% 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. West River Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 73.23%.

The historical rank and industry rank for West River Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:

XKLS:0353' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.06   Med: 81.62   Max: 2161.54
Current: 94.89

During the past 6 years, West River Bhd's highest ROC (Joel Greenblatt) % was 2161.54%. The lowest was 26.06%. And the median was 81.62%.

XKLS:0353's ROC (Joel Greenblatt) % is ranked better than
87.38% of 1783 companies
in the Construction industry
Industry Median: 19.61 vs XKLS:0353: 94.89

West River Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -51.60% per year.


West River Bhd  (XKLS:0353) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


West River Bhd ROC (Joel Greenblatt) % Related Terms


West River Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for West River 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.

West River Bhd ROC (Joel Greenblatt) % Chart

West River Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 992.90 45.57 26.06 104.85 58.38

West River Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.58 87.62 218.32 105.94 73.23

XKLS:0353 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, West River 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.


West River Bhd ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, West River Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where West River Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:0353
35GF Score
West River Bhd XKLS:0353
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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West River 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.561 + 0.075 + 0.586) - (22.014 + 0 + 9.832)
=9.376

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.57 + 0.25 + 1.4210854715202E-14) - (30.715 + 0 + 6.003)
=3.102

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of West River Bhd for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.92/( ( (10.06 + max(9.376, 0)) + (10.019 + max(3.102, 0)) )/ 2 )
=11.92/( ( 19.436 + 13.121 )/ 2 )
=11.92/16.2785
=73.23 %

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 73.23% mean?
West River Bhd (XKLS:0353) has a ROC (Joel Greenblatt) % of 73.23% 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 West River Bhd and its competitors. This is 10% below median its historical median of 81.62. Over the past decade, West River Bhd's ROC (Joel Greenblatt) % has ranged from 26.06 to 2,161.54. According to the industry distribution chart, West River Bhd ranks #225 out of 1783 companies in the Construction industry, placing it in the top 12.6%.
Is West River Bhd's ROC (Joel Greenblatt) % too high?
West River Bhd's current ROC (Joel Greenblatt) % of 73.23% is 10% below median its 10-year median of 81.62. Over the past 10 years, this metric has ranged from a low of 26.06 to a high of 2,161.54. The Construction industry median ROC (Joel Greenblatt) % is 19.61. West River Bhd's value of 73.23% is 273.4% above this industry median. Based on the distribution chart, West River Bhd ranks #225 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, West River Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does West River Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, West River Bhd ranks #225 out of 1783 companies for ROC (Joel Greenblatt) %. This places West River Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.61. West River Bhd's value of 73.23% is 273.4% above this benchmark. Historically, West River Bhd's own ROC (Joel Greenblatt) % has ranged from 26.06 to 2,161.54 over the past decade. While the company's 10-year median is 81.62 vs. the industry median of 19.61, West River 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 19.61, based on 1,783 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. West River Bhd's current ROC (Joel Greenblatt) % of 73.23% is 273.4% 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 West River Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West River Bhd's current ROC (Joel Greenblatt) % is 73.23%, which is 10% below median its own 10-year median of 81.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West River Bhd stock overvalued right now?
West River Bhd (XKLS:0353) has a current ROC (Joel Greenblatt) % of 73.23%. The current ROC (Joel Greenblatt) % is 73.23%, which is 10% below median its 10-year median of 81.62 and 273.4% above the Construction industry median of 19.61. West River Bhd's overall GF Score™ is 35/100 with 3 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 West River Bhd (XKLS:0353), the current ROC (Joel Greenblatt) % is 73.23% 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.

West River Bhd Business Description

Address Jalan 2/101C, 22-4-2, Block D, Cheras Business Centre, Taman Cheras, W.P. Kuala Lumpur, Kuala Lumpur, SGR, MYS, 56100
West River Bhd is an M&E engineering services provider and it is principally involved in the Provision of integrated engineering solutions, including air conditioning and mechanical ventilation (ACMV) systems, electrical systems, fire protection systems, plumbing and sanitary systems, and security systems. It also manufactures electrical panels and distribution boards, to support its M&E engineering services projects and sale to third parties. The company principally operates in Malaysia. Its services involve projects in the private sector, such as the development or redevelopment of high-rise residential properties, mixed-use properties, commercial buildings and industrial buildings.
35GF Score

Get the complete analysis for XKLS:0353

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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