Bus Cap Bhd (XKLS:0455) ROC (Joel Greenblatt) %: 61.49% (As of Dec. 2025) — 18% 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:0455 Bus Cap Bhd XKLS:0455
15 GF Score
Price RM0.29
! 2 Warning Signs
View Full Analysis

What is Bus Cap Bhd ROC (Joel Greenblatt) %?

Bus Cap Bhd XKLS:0455 +1.75% 15 ROC (Joel Greenblatt) % is 61.49% as of Dec. 2025, which is 18% above its 10-year median of 51.99. GuruFocus rates XKLS:0455 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Bus Cap Bhd ranks better than 94.89% 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. Bus Cap Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 61.49%.

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

XKLS:0455' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.53   Med: 51.99   Max: 63.19
Current: 61.49

During the past 4 years, Bus Cap Bhd's highest ROC (Joel Greenblatt) % was 63.19%. The lowest was 10.53%. And the median was 51.99%.

XKLS:0455's ROC (Joel Greenblatt) % is ranked better than
94.89% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 12.07 vs XKLS:0455: 61.49

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


Bus Cap Bhd  (XKLS:0455) 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.


Bus Cap Bhd ROC (Joel Greenblatt) % Related Terms


Bus Cap Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bus Cap 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.

Bus Cap Bhd ROC (Joel Greenblatt) % Chart

Bus Cap Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
10.53 42.49 63.19 61.49

Bus Cap Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % 10.53 42.49 63.19 61.49

XKLS:0455 vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison

For the Auto Manufacturers subindustry, Bus Cap 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.


Bus Cap Bhd ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bus Cap Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0455
15GF Score
Bus Cap Bhd XKLS:0455
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bus Cap 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)
=(8.043 + 24.119 + 2.82) - (21.56 + 0 + 2.559)
=10.863

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.881 + 30.227 + 3.577) - (19.534 + 0 + 2.95)
=17.201

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bus Cap 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 )
=13.164/( ( (7.424 + max(10.863, 0)) + (7.327 + max(17.201, 0)) )/ 2 )
=13.164/( ( 18.287 + 24.528 )/ 2 )
=13.164/21.4075
=61.49 %

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 61.49% mean?
Bus Cap Bhd (XKLS:0455) has a ROC (Joel Greenblatt) % of 61.49% 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 Bus Cap Bhd and its competitors. This is 18% above median its historical median of 51.99. Over the past decade, Bus Cap Bhd's ROC (Joel Greenblatt) % has ranged from 10.53 to 63.19. According to the industry distribution chart, Bus Cap Bhd ranks #68 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 5.1%.
Is Bus Cap Bhd's ROC (Joel Greenblatt) % too high?
Bus Cap Bhd's current ROC (Joel Greenblatt) % of 61.49% is 18% above median its 10-year median of 51.99. Over the past 10 years, this metric has ranged from a low of 10.53 to a high of 63.19. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.07. Bus Cap Bhd's value of 61.49% is 409.4% above this industry median. Based on the distribution chart, Bus Cap Bhd ranks #68 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bus Cap Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bus Cap Bhd's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bus Cap Bhd ranks #68 out of 1331 companies for ROC (Joel Greenblatt) %. This places Bus Cap Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.07. Bus Cap Bhd's value of 61.49% is 409.4% above this benchmark. Historically, Bus Cap Bhd's own ROC (Joel Greenblatt) % has ranged from 10.53 to 63.19 over the past decade. While the company's 10-year median is 51.99 vs. the industry median of 12.07, Bus Cap 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.07, based on 1,331 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. Bus Cap Bhd's current ROC (Joel Greenblatt) % of 61.49% is 409.4% 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 Bus Cap Bhd and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bus Cap Bhd's current ROC (Joel Greenblatt) % is 61.49%, which is 18% above median its own 10-year median of 51.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bus Cap Bhd stock overvalued right now?
Bus Cap Bhd (XKLS:0455) has a current ROC (Joel Greenblatt) % of 61.49%. The current ROC (Joel Greenblatt) % is 61.49%, which is 18% above median its 10-year median of 51.99 and 409.4% above the Vehicles & Parts industry median of 12.07. Bus Cap Bhd's overall GF Score™ is 15/100 with 2 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 Bus Cap Bhd (XKLS:0455), the current ROC (Joel Greenblatt) % is 61.49% 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.

Bus Cap Bhd Business Description

Address No. 8-10, Solok Rishah 3, Kawasan Perindustrian Silibin, Ipoh, PRK, MYS, 30100
Bus Cap Bhd is an investment holding company. Through its Subsidiary, the company is principally involved in bus building, covering the design and manufacturing of bus bodies, assembly of bus bodies with chassis sourced from chassis principals/dealers, sourcing and installation of fittings and accessories to form CBU buses as well as provision of bus repair and maintenance services. The company's business segments are: (i) Sales of buses; and (ii) Provision of repair and maintenance services for buses. The majority of revenue is derived from the Sales of buses, mainly semi-high deck buses. Geographically, the maximum revenue is generated from Malaysia and the rest from Singapore.
15GF Score

Get the complete analysis for XKLS:0455

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

RM0.29
Price