Golden Destinations Group Bhd (XKLS:0398) ROC (Joel Greenblatt) %: 343.86% (As of Dec. 2025) — 29% Below Median

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XKLS:0398 Golden Destinations Group Bhd XKLS:0398
16 GF Score
Price RM0.39
! 1 Warning Sign
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What is Golden Destinations Group Bhd ROC (Joel Greenblatt) %?

Golden Destinations Group Bhd XKLS:0398 16 ROC (Joel Greenblatt) % is 343.86% as of Dec. 2025, which is 29% below its 10-year median of 481.59. GuruFocus rates XKLS:0398 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 844 Travel & Leisure companies, Golden Destinations Group Bhd ranks better than 95.5% 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. Golden Destinations Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 343.86%.

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

XKLS:0398' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 60.53   Med: 481.59   Max: 695.23
Current: 343.86

During the past 4 years, Golden Destinations Group Bhd's highest ROC (Joel Greenblatt) % was 695.23%. The lowest was 60.53%. And the median was 481.59%.

XKLS:0398's ROC (Joel Greenblatt) % is ranked better than
95.5% of 844 companies
in the Travel & Leisure industry
Industry Median: 10.02 vs XKLS:0398: 343.86

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


Golden Destinations Group Bhd  (XKLS:0398) 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.


Golden Destinations Group Bhd ROC (Joel Greenblatt) % Related Terms


Golden Destinations Group Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Golden Destinations 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.

Golden Destinations Group Bhd ROC (Joel Greenblatt) % Chart

Golden Destinations Group Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
60.53 619.31 695.23 343.86

Golden Destinations Group Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % 60.53 619.31 695.23 343.86

XKLS:0398 vs BKNG, ABNB, RCL: ROC (Joel Greenblatt) % Comparison

For the Travel Services subindustry, Golden Destinations 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.


Golden Destinations Group Bhd ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Destinations Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0398
16GF Score
Golden Destinations Group Bhd XKLS:0398
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Destinations 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:

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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.83 + 0 + 32.361) - (12.444 + 0 + 93.656)
=-68.909

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.25 + 0 + 36.243) - (11.153 + 0 + 70.27)
=-40.93

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Golden Destinations Group Bhd for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.639/( ( (9.309 + max(-68.909, 0)) + (12.583 + max(-40.93, 0)) )/ 2 )
=37.639/( ( 9.309 + 12.583 )/ 2 )
=37.639/10.946
=343.86 %

Note: The EBIT data used here is one times the annual (Dec. 2025) 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 343.86% mean?
Golden Destinations Group Bhd (XKLS:0398) has a ROC (Joel Greenblatt) % of 343.86% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Golden Destinations Group Bhd and its competitors. This is 29% below median its historical median of 481.59. Over the past decade, Golden Destinations Group Bhd's ROC (Joel Greenblatt) % has ranged from 60.53 to 695.23. According to the industry distribution chart, Golden Destinations Group Bhd ranks #38 out of 844 companies in the Travel & Leisure industry, placing it in the top 4.5%.
Is Golden Destinations Group Bhd's ROC (Joel Greenblatt) % too high?
Golden Destinations Group Bhd's current ROC (Joel Greenblatt) % of 343.86% is 29% below median its 10-year median of 481.59. Over the past 10 years, this metric has ranged from a low of 60.53 to a high of 695.23. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.02. Golden Destinations Group Bhd's value of 343.86% is 3331.7% above this industry median. Based on the distribution chart, Golden Destinations Group Bhd ranks #38 out of 844 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Destinations Group Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Golden Destinations Group Bhd's ROC (Joel Greenblatt) % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Golden Destinations Group Bhd ranks #38 out of 844 companies for ROC (Joel Greenblatt) %. This places Golden Destinations Group Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.02. Golden Destinations Group Bhd's value of 343.86% is 3331.7% above this benchmark. Historically, Golden Destinations Group Bhd's own ROC (Joel Greenblatt) % has ranged from 60.53 to 695.23 over the past decade. While the company's 10-year median is 481.59 vs. the industry median of 10.02, Golden Destinations 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.02, based on 844 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. Golden Destinations Group Bhd's current ROC (Joel Greenblatt) % of 343.86% is 3331.7% 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 Golden Destinations Group Bhd and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Destinations Group Bhd's current ROC (Joel Greenblatt) % is 343.86%, which is 29% below median its own 10-year median of 481.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Destinations Group Bhd stock overvalued right now?
Golden Destinations Group Bhd (XKLS:0398) has a current ROC (Joel Greenblatt) % of 343.86%. The current ROC (Joel Greenblatt) % is 343.86%, which is 29% below median its 10-year median of 481.59 and 3331.7% above the Travel & Leisure industry median of 10.02. Golden Destinations Group Bhd's overall GF Score™ is 16/100 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 Golden Destinations Group Bhd (XKLS:0398), the current ROC (Joel Greenblatt) % is 343.86% as of Dec. 2025. 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.

Golden Destinations Group Bhd Business Description

Address Jalan Raja Chulan, Lot 345 - 346, 3rd Floor, Wisma New Asia, Wilayah Persekutuan, Kuala Lumpur, MYS, 50200
Golden Destinations Group Bhd is an investment holding company. Through its subsidiary, the company is principally involved as a full-service outbound travel experience curator, offering a comprehensive suite of outbound travel experience products and services under its brand Golden Destinations (GD). Its business segments include: i) Travel experience segment (comprising series travel experience packages, cruise travel experience packages and other travel experience packages) and ii) Standalone travel support services segment (ticketing services). The majority of the company's revenue is derived from the Travel experience segment, mainly through the series travel experience packages. Geographically, it operates in China, East Asia, Southeast Asia, Europe, and Other regions.
16GF Score

Get the complete analysis for XKLS:0398

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

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