DRB-Hicom Bhd (XKLS:1619) ROC (Joel Greenblatt) %: 24.85% (As of Mar. 2026) — 100% Above Median

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XKLS:1619 DRB-Hicom Bhd XKLS:1619
78 GF Score
Price RM0.95
GF Value RM1.30
Valuation Modestly Undervalued
! 7 Warning Signs
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What is DRB-Hicom Bhd ROC (Joel Greenblatt) %?

DRB-Hicom Bhd XKLS:1619 -2.56% 78 ROC (Joel Greenblatt) % is 24.85% as of Mar. 2026, which is 100% above its 10-year median of 12.43. GuruFocus rates XKLS:1619 with a GF Score™ of 78/100 and a GF Value™ of RM1.30 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,330 Vehicles & Parts companies, DRB-Hicom Bhd ranks better than 76.99% 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. DRB-Hicom Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.85%.

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

XKLS:1619' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.11   Med: 12.43   Max: 24.4
Current: 24.4

During the past 13 years, DRB-Hicom Bhd's highest ROC (Joel Greenblatt) % was 24.40%. The lowest was -8.11%. And the median was 12.43%.

XKLS:1619's ROC (Joel Greenblatt) % is ranked better than
76.99% of 1330 companies
in the Vehicles & Parts industry
Industry Median: 12.045 vs XKLS:1619: 24.40

DRB-Hicom Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.70% per year.


DRB-Hicom Bhd  (XKLS:1619) 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.


DRB-Hicom Bhd ROC (Joel Greenblatt) % Related Terms


DRB-Hicom Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DRB-Hicom 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.

DRB-Hicom Bhd ROC (Joel Greenblatt) % Chart

DRB-Hicom Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 16.73 18.44 14.56 22.16

DRB-Hicom Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.93 19.17 14.91 38.63 24.85

XKLS:1619 vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison

For the Auto Manufacturers subindustry, DRB-Hicom 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.


DRB-Hicom Bhd ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

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

* The bar in red indicates where DRB-Hicom Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:1619
78GF Score
DRB-Hicom Bhd XKLS:1619
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DRB-Hicom 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)
=(2348.84 + 2420.313 + 246.425) - (2553.828 + 0 + 40640.027)
=-38178.277

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2801.699 + 2542.992 + 21.082) - (4972.786 + 0 + 37281.806)
=-36888.819

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DRB-Hicom 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 )
=1294.44/( ( (5240.236 + max(-38178.277, 0)) + (5175.786 + max(-36888.819, 0)) )/ 2 )
=1294.44/( ( 5240.236 + 5175.786 )/ 2 )
=1294.44/5208.011
=24.85 %

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 24.85% mean?
DRB-Hicom Bhd (XKLS:1619) has a ROC (Joel Greenblatt) % of 24.85% 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 DRB-Hicom Bhd and its competitors. This is 100% above median its historical median of 12.43. According to the industry distribution chart, DRB-Hicom Bhd ranks #306 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 23%.
Is DRB-Hicom Bhd's ROC (Joel Greenblatt) % too high?
DRB-Hicom Bhd's current ROC (Joel Greenblatt) % of 24.85% is 100% above median its 10-year median of 12.43. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.05. DRB-Hicom Bhd's value of 24.85% is 106.3% above this industry median. Based on the distribution chart, DRB-Hicom Bhd ranks #306 out of 1330 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, DRB-Hicom Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DRB-Hicom Bhd's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, DRB-Hicom Bhd ranks #306 out of 1330 companies for ROC (Joel Greenblatt) %. This places DRB-Hicom Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.05. DRB-Hicom Bhd's value of 24.85% is 106.3% above this benchmark. While the company's 10-year median is 12.43 vs. the industry median of 12.05, DRB-Hicom 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 12.05, based on 1,330 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. DRB-Hicom Bhd's current ROC (Joel Greenblatt) % of 24.85% is 106.3% 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 DRB-Hicom Bhd and its competitors. For the Vehicles & Parts 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. DRB-Hicom Bhd's current ROC (Joel Greenblatt) % is 24.85%, which is 100% above median its own 10-year median of 12.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRB-Hicom Bhd stock overvalued right now?
Based on GuruFocus' analysis, DRB-Hicom Bhd (XKLS:1619) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.30, compared to a current price of RM0.95 — trading 26.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.85%, which is 100% above median its 10-year median of 12.43 and 106.3% above the Vehicles & Parts industry median of 12.05. DRB-Hicom Bhd's overall GF Score™ is 78/100 with 7 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 DRB-Hicom Bhd (XKLS:1619), the current ROC (Joel Greenblatt) % is 24.85% 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.

Is DRB-Hicom Bhd (XKLS:1619) Overvalued in 2026?

Based on GuruFocus' analysis, DRB-Hicom Bhd stock appears to be undervalued. The current stock price of RM0.95 is trading 26.9% below its estimated GF Value™ of RM1.30. GuruFocus considers DRB-Hicom Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:1619:

  • ROC (Joel Greenblatt) %: 24.85% (100% above median its 10-year median of 12.43)
  • GF Value™: RM1.30 vs. price of RM0.95 (26.9% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 106.3% above the Vehicles & Parts median (#306 of 1330)

No single metric tells the full story. See the XKLS:1619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DRB-Hicom Bhd Business Description

Address No. 2, Jalan Usahawan U1/8, Level 5, Wisma DRB-HICOM, Seksyen U1, Shah Alam, SGR, MYS, 40150
DRB-Hicom Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments: Automotive, Aerospace and Defence, Postal, Banking, Services, and Properties. It generates maximum revenue from the Automotive segment, which is engaged in manufacturing, assembly, vehicle importation, pre-delivery inspection, vehicle leasing, distribution and sale of motor vehicles, motorcycles, and related spare parts and services. Geographically, the company generates a majority of its revenue from its operations within Malaysia, and also has a presence in other markets.
78GF Score

Get the complete analysis for XKLS:1619

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

RM0.95
Price
RM1.30
GF Value