HSS Holdings Bhd (XKLS:0460) ROC (Joel Greenblatt) %: 25.44% (As of Dec. 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:0460 HSS Holdings Bhd XKLS:0460
15 GF Score
Price RM0.16
! 6 Warning Signs
View Full Analysis

What is HSS Holdings Bhd ROC (Joel Greenblatt) %?

HSS Holdings Bhd XKLS:0460 -3.03% 15 ROC (Joel Greenblatt) % is 25.44% as of Dec. 2025, which is 3% above its 10-year median of 24.79. GuruFocus rates XKLS:0460 with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, HSS Holdings Bhd ranks better than 74.9% 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. HSS Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.44%.

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

XKLS:0460' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.28   Med: 24.79   Max: 33.78
Current: 25.44

During the past 4 years, HSS Holdings Bhd's highest ROC (Joel Greenblatt) % was 33.78%. The lowest was 23.28%. And the median was 24.79%.

XKLS:0460's ROC (Joel Greenblatt) % is ranked better than
74.9% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 12.045 vs XKLS:0460: 25.44

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


HSS Holdings Bhd  (XKLS:0460) 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.


HSS Holdings Bhd ROC (Joel Greenblatt) % Related Terms


HSS Holdings Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for HSS 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.

HSS Holdings Bhd ROC (Joel Greenblatt) % Chart

HSS Holdings Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
33.78 23.28 24.13 25.44

HSS Holdings Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % 33.78 23.28 24.13 25.44

XKLS:0460 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, HSS 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.


HSS Holdings Bhd ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HSS Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:0460
15GF Score
HSS Holdings Bhd XKLS:0460
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HSS 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.627 + 7.728 + 2.31) - (38.212 + 0 + 5.149)
=8.304

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.449 + 13.515 + 0.083999999999989) - (33.317 + 0 + 2.8)
=11.931

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of HSS Holdings 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 )
=14.103/( ( (46.543 + max(8.304, 0)) + (44.079 + max(11.931, 0)) )/ 2 )
=14.103/( ( 54.847 + 56.01 )/ 2 )
=14.103/55.4285
=25.44 %

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 25.44% mean?
HSS Holdings Bhd (XKLS:0460) has a ROC (Joel Greenblatt) % of 25.44% 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 HSS Holdings Bhd and its competitors. This is near median its historical median of 24.79. Over the past decade, HSS Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 23.28 to 33.78. According to the industry distribution chart, HSS Holdings Bhd ranks #497 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 25.1%.
Is HSS Holdings Bhd's ROC (Joel Greenblatt) % too high?
HSS Holdings Bhd's current ROC (Joel Greenblatt) % of 25.44% is near median its 10-year median of 24.79. Over the past 10 years, this metric has ranged from a low of 23.28 to a high of 33.78. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.05. HSS Holdings Bhd's value of 25.44% is 111.2% above this industry median. Based on the distribution chart, HSS Holdings Bhd ranks #497 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, HSS Holdings Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does HSS Holdings Bhd's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, HSS Holdings Bhd ranks #497 out of 1980 companies for ROC (Joel Greenblatt) %. This puts HSS Holdings Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. HSS Holdings Bhd's value of 25.44% is 111.2% above this benchmark. Historically, HSS Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 23.28 to 33.78 over the past decade. While the company's 10-year median is 24.79 vs. the industry median of 12.05, HSS 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.05, based on 1,980 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. HSS Holdings Bhd's current ROC (Joel Greenblatt) % of 25.44% is 111.2% 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 HSS Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HSS Holdings Bhd's current ROC (Joel Greenblatt) % is 25.44%, which is near median its own 10-year median of 24.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSS Holdings Bhd stock overvalued right now?
HSS Holdings Bhd (XKLS:0460) has a current ROC (Joel Greenblatt) % of 25.44%. The current ROC (Joel Greenblatt) % is 25.44%, which is near median its 10-year median of 24.79 and 111.2% above the Consumer Packaged Goods industry median of 12.05. HSS Holdings Bhd's overall GF Score™ is 15/100 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 HSS Holdings Bhd (XKLS:0460), the current ROC (Joel Greenblatt) % is 25.44% 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.

HSS Holdings Bhd Business Description

Address Jalan Parit Hulu, 17386, Parit Raja Sari, Bukit Bakri, Muar, JHR, MYS, 84200
HSS Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the sourcing of bakery products, trading of bakery and other products and manufacturing of bakery products. Its offerings include Biscuits and cookies, Cakes, and Snacks. The products are supplied to over 3,500 retail outlets across Malaysia, including supermarkets and hypermarkets. The company's business segments include: Sourcing, Trading, and Manufacturing. The majority of revenue is derived from the Sourcing segment. Geographically, it exports to Singapore, Indonesia, and Australia, and the maximum revenue is generated from Malaysia.
15GF Score

Get the complete analysis for XKLS:0460

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

RM0.16
Price