Hartanah Kenyalang Bhd (XKLS:0359) ROC (Joel Greenblatt) %: 148.79% (As of Apr. 2026) — 49% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0359 Hartanah Kenyalang Bhd XKLS:0359
13 GF Score
Price RM0.61
! 1 Warning Sign
View Full Analysis

What is Hartanah Kenyalang Bhd ROC (Joel Greenblatt) %?

Hartanah Kenyalang Bhd XKLS:0359 -0.81% 13 ROC (Joel Greenblatt) % is 148.79% as of Apr. 2026, which is 49% above its 10-year median of 99.89. GuruFocus rates XKLS:0359 with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 1,779 Construction companies, Hartanah Kenyalang Bhd ranks better than 75.04% 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. Hartanah Kenyalang Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 148.79%.

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

XKLS:0359' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 47.29   Med: 99.89   Max: 191.92
Current: 47.29

During the past 5 years, Hartanah Kenyalang Bhd's highest ROC (Joel Greenblatt) % was 191.92%. The lowest was 47.29%. And the median was 99.89%.

XKLS:0359's ROC (Joel Greenblatt) % is ranked better than
75.04% of 1779 companies
in the Construction industry
Industry Median: 19.59 vs XKLS:0359: 47.29

Hartanah Kenyalang Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Hartanah Kenyalang Bhd  (XKLS:0359) 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.


Hartanah Kenyalang Bhd ROC (Joel Greenblatt) % Related Terms


Hartanah Kenyalang Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hartanah Kenyalang 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.

Hartanah Kenyalang Bhd ROC (Joel Greenblatt) % Chart

Hartanah Kenyalang Bhd Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
92.99 106.96 99.89 191.92 66.21

Hartanah Kenyalang Bhd Quarterly Data
Oct21 Oct22 Oct23 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -75.82 53.33 53.24 148.79

XKLS:0359 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Hartanah Kenyalang 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.


Hartanah Kenyalang Bhd ROC (Joel Greenblatt) % vs Construction Industry

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

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


XKLS:0359
13GF Score
Hartanah Kenyalang Bhd XKLS:0359
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hartanah Kenyalang 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.253 + 0 + 0.70700000000001) - (28.712 + 0 + 0)
=-12.752

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.977 + 0 + 0.411) - (49.356 + 0 + 8.937)
=-26.905

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hartanah Kenyalang Bhd for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.74/( ( (7.541 + max(-12.752, 0)) + (8.24 + max(-26.905, 0)) )/ 2 )
=11.74/( ( 7.541 + 8.24 )/ 2 )
=11.74/7.8905
=148.79 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 148.79% mean?
Hartanah Kenyalang Bhd (XKLS:0359) has a ROC (Joel Greenblatt) % of 148.79% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hartanah Kenyalang Bhd and its competitors. This is 49% above median its historical median of 99.89. Over the past decade, Hartanah Kenyalang Bhd's ROC (Joel Greenblatt) % has ranged from 47.29 to 191.92. According to the industry distribution chart, Hartanah Kenyalang Bhd ranks #444 out of 1779 companies in the Construction industry, placing it in the top 25%.
Is Hartanah Kenyalang Bhd's ROC (Joel Greenblatt) % too high?
Hartanah Kenyalang Bhd's current ROC (Joel Greenblatt) % of 148.79% is 49% above median its 10-year median of 99.89. Over the past 10 years, this metric has ranged from a low of 47.29 to a high of 191.92. The Construction industry median ROC (Joel Greenblatt) % is 19.59. Hartanah Kenyalang Bhd's value of 148.79% is 659.5% above this industry median. Based on the distribution chart, Hartanah Kenyalang Bhd ranks #444 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hartanah Kenyalang Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hartanah Kenyalang Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Hartanah Kenyalang Bhd ranks #444 out of 1779 companies for ROC (Joel Greenblatt) %. This places Hartanah Kenyalang Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Hartanah Kenyalang Bhd's value of 148.79% is 659.5% above this benchmark. Historically, Hartanah Kenyalang Bhd's own ROC (Joel Greenblatt) % has ranged from 47.29 to 191.92 over the past decade. While the company's 10-year median is 99.89 vs. the industry median of 19.59, Hartanah Kenyalang 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 19.59, based on 1,779 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. Hartanah Kenyalang Bhd's current ROC (Joel Greenblatt) % of 148.79% is 659.5% 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 Hartanah Kenyalang Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hartanah Kenyalang Bhd's current ROC (Joel Greenblatt) % is 148.79%, which is 49% above median its own 10-year median of 99.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hartanah Kenyalang Bhd stock overvalued right now?
Hartanah Kenyalang Bhd (XKLS:0359) has a current ROC (Joel Greenblatt) % of 148.79%. The current ROC (Joel Greenblatt) % is 148.79%, which is 49% above median its 10-year median of 99.89 and 659.5% above the Construction industry median of 19.59. Hartanah Kenyalang Bhd's overall GF Score™ is 13/100 with 1 warning sign 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 Hartanah Kenyalang Bhd (XKLS:0359), the current ROC (Joel Greenblatt) % is 148.79% as of Apr. 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.

Hartanah Kenyalang Bhd Business Description

Address Jalan Pending, Lot 7070 & 7071 Section 64, Kuching, SWK, MYS, 93450
Hartanah Kenyalang Bhd is an investment holding company, operates through its subsidiary is principally involved in the following business activities: (i) building construction services, with a focus on institutional buildings such as schools and other public buildings, and other non-residential buildings; and (ii) infrastructure construction services, with a focus on bridges and roads.
13GF Score

Get the complete analysis for XKLS:0359

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

RM0.61
Price