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ICT Zone Asia BhdXKLS:0358 62 ROC (Joel Greenblatt) % is 13.82% as of Jan. 2026, which is 10% below its 10-year median of 15.28. GuruFocus rates XKLS:0358 with a GF Score™ of 62/100 and a GF Value™ of RM0.38 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,810 Software companies, ICT Zone Asia Bhd ranks worse than 53.17% 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. ICT Zone Asia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 13.82%.
The historical rank and industry rank for ICT Zone Asia Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0358'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11 Med: 15.28 Max: 17.08
Current: 13.91
During the past 7 years, ICT Zone Asia Bhd's highest ROC (Joel Greenblatt) % was 17.08%. The lowest was 11.00%. And the median was 15.28%.
XKLS:0358's ROC (Joel Greenblatt) % is ranked worse than 53.17% of 2810
companies
in the Software industry
Industry Median: 19.94
vs XKLS:0358: 13.91
ICT Zone Asia Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.60% per year.
ICT Zone Asia Bhd (XKLS:0358) 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.
ICT Zone Asia Bhd ROC (Joel Greenblatt) % Related Terms
ICT Zone Asia Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ICT Zone Asia 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:0358 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, ICT Zone Asia 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.
ICT Zone Asia Bhd ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, ICT Zone Asia Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ICT Zone Asia Bhd's ROC (Joel Greenblatt) % falls into.
ICT Zone Asia 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 two times the semi-annual (Jan. 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 13.82% mean?
ICT Zone Asia Bhd (XKLS:0358) has a ROC (Joel Greenblatt) % of 13.82% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on ICT Zone Asia Bhd and its competitors. This is 10% below median its historical median of 15.28. Over the past decade, ICT Zone Asia Bhd's ROC (Joel Greenblatt) % has ranged from 11.00 to 17.08. According to the industry distribution chart, ICT Zone Asia Bhd ranks #1494 out of 2810 companies in the Software industry, placing it in the top 53.2%.
Is ICT Zone Asia Bhd's ROC (Joel Greenblatt) % too high?
ICT Zone Asia Bhd's current ROC (Joel Greenblatt) % of 13.82% is 10% below median its 10-year median of 15.28. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 17.08. The Software industry median ROC (Joel Greenblatt) % is 19.94. ICT Zone Asia Bhd's value of 13.82% is 30.7% below this industry median. Based on the distribution chart, ICT Zone Asia Bhd ranks #1494 out of 2810 companies in the Software industry, which is below the industry midpoint. Overall, ICT Zone Asia Bhd has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, ICT Zone Asia Bhd ranks #1494 out of 2810 companies for ROC (Joel Greenblatt) %. This places ICT Zone Asia Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.94. ICT Zone Asia Bhd's value of 13.82% is 30.7% below this benchmark. Historically, ICT Zone Asia Bhd's own ROC (Joel Greenblatt) % has ranged from 11.00 to 17.08 over the past decade. While the company's 10-year median is 15.28 vs. the industry median of 19.94, ICT Zone Asia Bhd has consistently been below 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.94, based on 2,810 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. ICT Zone Asia Bhd's current ROC (Joel Greenblatt) % of 13.82% is 30.7% below 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 ICT Zone Asia Bhd and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICT Zone Asia Bhd's current ROC (Joel Greenblatt) % is 13.82%, which is 10% below median its own 10-year median of 15.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.38, compared to a current price of RM0.20 — trading 47.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.82%, which is 10% below median its 10-year median of 15.28 and 30.7% below the Software industry median of 19.94. ICT Zone Asia Bhd's overall GF Score™ is 62/100 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 ICT Zone Asia Bhd (XKLS:0358), the current ROC (Joel Greenblatt) % is 13.82% as of Jan. 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 ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?
Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 47.4% below its estimated GF Value™ of RM0.38.
GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0358:
ROC (Joel Greenblatt) %: 13.82% (10% below median its 10-year median of 15.28)
GF Value™: RM0.38 vs. price of RM0.20 (47.4% below fair value)
Industry Position: 30.7% below the Software median (#1494 of 2810)
No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
62GF Score
Get the complete analysis for XKLS:0358
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