AMS Advanced Material Bhd (XKLS:0399) ROC (Joel Greenblatt) %: 37.79% (As of Sep. 2025) — Near 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:0399 AMS Advanced Material Bhd XKLS:0399
14 GF Score
Price RM0.46
! 6 Warning Signs
View Full Analysis

What is AMS Advanced Material Bhd ROC (Joel Greenblatt) %?

AMS Advanced Material Bhd XKLS:0399 +1.11% 14 ROC (Joel Greenblatt) % is 37.79% as of Sep. 2025, which is 4% above its 10-year median of 36.50. GuruFocus rates XKLS:0399 with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 3,065 Industrial Products companies, AMS Advanced Material Bhd ranks better than 84.08% 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. AMS Advanced Material Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 37.79%.

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

XKLS:0399' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.23   Med: 36.5   Max: 46.38
Current: 37.79

During the past 4 years, AMS Advanced Material Bhd's highest ROC (Joel Greenblatt) % was 46.38%. The lowest was 25.23%. And the median was 36.50%.

XKLS:0399's ROC (Joel Greenblatt) % is ranked better than
84.08% of 3065 companies
in the Industrial Products industry
Industry Median: 11.8 vs XKLS:0399: 37.79

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


AMS Advanced Material Bhd  (XKLS:0399) 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.


AMS Advanced Material Bhd ROC (Joel Greenblatt) % Related Terms


AMS Advanced Material Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for AMS Advanced Material 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.

AMS Advanced Material Bhd ROC (Joel Greenblatt) % Chart

AMS Advanced Material Bhd Annual Data
Trend Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
35.21 25.23 46.38 37.79

AMS Advanced Material Bhd Semi-Annual Data
Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) % 35.21 25.23 46.38 37.79

XKLS:0399 vs CRS, ATI, MLI: ROC (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, AMS Advanced Material 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.


AMS Advanced Material Bhd ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMS Advanced Material Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where AMS Advanced Material Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:0399
14GF Score
AMS Advanced Material Bhd XKLS:0399
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMS Advanced Material 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.09 + 19.261 + 1.488) - (35.902 + 0 + 1.462)
=15.475

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.735 + 33.663 + 3.574) - (21.599 + 0 + 1.925)
=42.448

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AMS Advanced Material Bhd for the quarter that ended in Sep. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.305/( ( (2.765 + max(15.475, 0)) + (4.438 + max(42.448, 0)) )/ 2 )
=12.305/( ( 18.24 + 46.886 )/ 2 )
=12.305/32.563
=37.79 %

Note: The EBIT data used here is one times the annual (Sep. 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 37.79% mean?
AMS Advanced Material Bhd (XKLS:0399) has a ROC (Joel Greenblatt) % of 37.79% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on AMS Advanced Material Bhd and its competitors. This is near median its historical median of 36.50. Over the past decade, AMS Advanced Material Bhd's ROC (Joel Greenblatt) % has ranged from 25.23 to 46.38. According to the industry distribution chart, AMS Advanced Material Bhd ranks #488 out of 3065 companies in the Industrial Products industry, placing it in the top 15.9%.
Is AMS Advanced Material Bhd's ROC (Joel Greenblatt) % too high?
AMS Advanced Material Bhd's current ROC (Joel Greenblatt) % of 37.79% is near median its 10-year median of 36.50. Over the past 10 years, this metric has ranged from a low of 25.23 to a high of 46.38. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.80. AMS Advanced Material Bhd's value of 37.79% is 220.3% above this industry median. Based on the distribution chart, AMS Advanced Material Bhd ranks #488 out of 3065 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AMS Advanced Material Bhd has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does AMS Advanced Material Bhd's ROC (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, AMS Advanced Material Bhd ranks #488 out of 3065 companies for ROC (Joel Greenblatt) %. This places AMS Advanced Material Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.80. AMS Advanced Material Bhd's value of 37.79% is 220.3% above this benchmark. Historically, AMS Advanced Material Bhd's own ROC (Joel Greenblatt) % has ranged from 25.23 to 46.38 over the past decade. While the company's 10-year median is 36.50 vs. the industry median of 11.80, AMS Advanced Material 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.80, based on 3,065 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. AMS Advanced Material Bhd's current ROC (Joel Greenblatt) % of 37.79% is 220.3% 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 AMS Advanced Material Bhd and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMS Advanced Material Bhd's current ROC (Joel Greenblatt) % is 37.79%, which is near median its own 10-year median of 36.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMS Advanced Material Bhd stock overvalued right now?
AMS Advanced Material Bhd (XKLS:0399) has a current ROC (Joel Greenblatt) % of 37.79%. The current ROC (Joel Greenblatt) % is 37.79%, which is near median its 10-year median of 36.50 and 220.3% above the Industrial Products industry median of 11.80. AMS Advanced Material Bhd's overall GF Score™ is 14/100 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 AMS Advanced Material Bhd (XKLS:0399), the current ROC (Joel Greenblatt) % is 37.79% as of Sep. 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.

AMS Advanced Material Bhd Business Description

Address No. 8, Jalan Industri Seri Juru, Taman Industri Seri Juru, Simpang Ampat, PNG, MYS, 14100
AMS Advanced Material Bhd is an investment holding company, principally involved in the trading of semi-finished aluminium and copper products and processing of semi-finished aluminium products. Its business segments are: i) Trading of semi-finished aluminium and copper products: It involves the trading of semi-finished aluminium and copper products that are used as raw materials for further manufacturing and fabrication to create finished products, (ii) Processing of semi-finished aluminium products: It involves value-added processing (such as cutting and shearing) on aluminium products according to the customers' requirements. The majority revenue is derived from the rocessing of semi-finished aluminium products segment. Geographically, it generates the maximum revenue from Malaysia.
14GF Score

Get the complete analysis for XKLS:0399

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

RM0.46
Price