Icents Group Holdings Bhd (XKLS:0366) ROC (Joel Greenblatt) %: 123.66% (As of Mar. 2026) — 35% Above Median


XKLS:0366 Icents Group Holdings Bhd XKLS:0366
15 GF Score
Price RM0.57
! 1 Warning Sign
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What is Icents Group Holdings Bhd ROC (Joel Greenblatt) %?

Icents Group Holdings Bhd XKLS:0366 +5.56% 15 ROC (Joel Greenblatt) % is 123.66% as of Mar. 2026, which is 35% above its 10-year median of 91.45. GuruFocus rates XKLS:0366 with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,775 Construction companies, Icents Group Holdings Bhd ranks better than 81.86% 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. Icents Group Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 123.66%.

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

XKLS:0366' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 65.39   Med: 91.45   Max: 104.72
Current: 65.39

During the past 4 years, Icents Group Holdings Bhd's highest ROC (Joel Greenblatt) % was 104.72%. The lowest was 65.39%. And the median was 91.45%.

XKLS:0366's ROC (Joel Greenblatt) % is ranked better than
81.86% of 1775 companies
in the Construction industry
Industry Median: 19.37 vs XKLS:0366: 65.39

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


Icents Group Holdings Bhd  (XKLS:0366) 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.


Icents Group Holdings Bhd ROC (Joel Greenblatt) % Related Terms


Icents Group Holdings Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Icents Group Holdings 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.

Icents Group Holdings Bhd ROC (Joel Greenblatt) % Chart

Icents Group Holdings Bhd Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
83.11 97.76 85.13 104.72

Icents Group Holdings Bhd Quarterly Data
Jun22 Jun23 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 93.22 66.35 47.03 31.35 123.66

XKLS:0366 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Icents Group Holdings 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.


Icents Group Holdings Bhd ROC (Joel Greenblatt) % vs Construction Industry

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

* The bar in red indicates where Icents Group Holdings Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:0366
15GF Score
Icents Group Holdings Bhd XKLS:0366
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icents Group Holdings 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)
=(25.485 + 2.583 + 0) - (15.224 + 0 + 4.809)
=8.035

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.691 + 3.477 + -1.4210854715202E-14) - (24.631 + 0 + 15.26)
=-5.723

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Icents Group Holdings 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 )
=20.632/( ( (12.44 + max(8.035, 0)) + (12.893 + max(-5.723, 0)) )/ 2 )
=20.632/( ( 20.475 + 12.893 )/ 2 )
=20.632/16.684
=123.66 %

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 123.66% mean?
Icents Group Holdings Bhd (XKLS:0366) has a ROC (Joel Greenblatt) % of 123.66% 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 Icents Group Holdings Bhd and its competitors. This is 35% above median its historical median of 91.45. Over the past decade, Icents Group Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 65.39 to 104.72. According to the industry distribution chart, Icents Group Holdings Bhd ranks #322 out of 1775 companies in the Construction industry, placing it in the top 18.1%.
Is Icents Group Holdings Bhd's ROC (Joel Greenblatt) % too high?
Icents Group Holdings Bhd's current ROC (Joel Greenblatt) % of 123.66% is 35% above median its 10-year median of 91.45. Over the past 10 years, this metric has ranged from a low of 65.39 to a high of 104.72. The Construction industry median ROC (Joel Greenblatt) % is 19.37. Icents Group Holdings Bhd's value of 123.66% is 538.4% above this industry median. Based on the distribution chart, Icents Group Holdings Bhd ranks #322 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Icents Group Holdings Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Icents Group Holdings Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Icents Group Holdings Bhd ranks #322 out of 1775 companies for ROC (Joel Greenblatt) %. This places Icents Group Holdings Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.37. Icents Group Holdings Bhd's value of 123.66% is 538.4% above this benchmark. Historically, Icents Group Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 65.39 to 104.72 over the past decade. While the company's 10-year median is 91.45 vs. the industry median of 19.37, Icents Group Holdings 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 19.37, based on 1,775 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. Icents Group Holdings Bhd's current ROC (Joel Greenblatt) % of 123.66% is 538.4% 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 Icents Group Holdings Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icents Group Holdings Bhd's current ROC (Joel Greenblatt) % is 123.66%, which is 35% above median its own 10-year median of 91.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icents Group Holdings Bhd stock overvalued right now?
Icents Group Holdings Bhd (XKLS:0366) has a current ROC (Joel Greenblatt) % of 123.66%. The current ROC (Joel Greenblatt) % is 123.66%, which is 35% above median its 10-year median of 91.45 and 538.4% above the Construction industry median of 19.37. Icents Group Holdings Bhd's overall GF Score™ is 15/100 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 Icents Group Holdings Bhd (XKLS:0366), the current ROC (Joel Greenblatt) % is 123.66% 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.

Icents Group Holdings Bhd Business Description

Address Jalan USJ 25/1st Floor, A-02-02, Second Floor, Garden Shoppe @ One City, Subang Jaya, SGR, MYS, 47650
Icents Group Holdings Bhd is involved in the provision of cleanroom services comprising EPCC of cleanrooms, construction of cleanrooms, and other activities. It is also involved in providing other facility services comprising hook-up of machinery and equipment, supply and installation of heavy-duty ceiling systems, construction services, and other activities. Its activities are divided into two segments Cleanroom services comprise EPCC of cleanrooms, construction of cleanrooms, and other activities; and Other facility services comprise hook-up of machinery and equipment, supply and installation of heavy-duty ceiling systems, construction services, and other activities. It also manufactures cleanroom fixtures and related products.
15GF Score

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

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