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.
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.
IOI BhdXKLS:1961 +0.45%81 ROC (Joel Greenblatt) % is 13.01% as of Mar. 2026, which is 13% below its 10-year median of 14.90. GuruFocus rates XKLS:1961 with a GF Score™ of 81/100 and a GF Value™ of RM4.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,981 Consumer Packaged Goods companies, IOI Bhd ranks better than 65.52% 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. IOI Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.01%.
The historical rank and industry rank for IOI Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:1961'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.07 Med: 14.9 Max: 23.92
Current: 18.39
During the past 13 years, IOI Bhd's highest ROC (Joel Greenblatt) % was 23.92%. The lowest was 9.07%. And the median was 14.90%.
XKLS:1961's ROC (Joel Greenblatt) % is ranked better than 65.52% of 1981
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs XKLS:1961: 18.39
IOI Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.90% per year.
IOI Bhd (XKLS:1961) 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.
The historical data trend for IOI 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.
XKLS:1961 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, IOI 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.
IOI Bhd ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, IOI Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IOI Bhd's ROC (Joel Greenblatt) % falls into.
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:
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.
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 13.01% mean?
IOI Bhd (XKLS:1961) has a ROC (Joel Greenblatt) % of 13.01% 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 IOI Bhd and its competitors. This is 13% below median its historical median of 14.90. Over the past decade, IOI Bhd's ROC (Joel Greenblatt) % has ranged from 9.07 to 23.92. According to the industry distribution chart, IOI Bhd ranks #683 out of 1981 companies in the Consumer Packaged Goods industry, placing it in the top 34.5%.
Is IOI Bhd's ROC (Joel Greenblatt) % too high?
IOI Bhd's current ROC (Joel Greenblatt) % of 13.01% is 13% below median its 10-year median of 14.90. Over the past 10 years, this metric has ranged from a low of 9.07 to a high of 23.92. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. IOI Bhd's value of 13.01% is 8.5% above this industry median. Based on the distribution chart, IOI Bhd ranks #683 out of 1981 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, IOI Bhd has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IOI Bhd's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, IOI Bhd ranks #683 out of 1981 companies for ROC (Joel Greenblatt) %. This puts IOI Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. IOI Bhd's value of 13.01% is 8.5% above this benchmark. Historically, IOI Bhd's own ROC (Joel Greenblatt) % has ranged from 9.07 to 23.92 over the past decade. While the company's 10-year median is 14.90 vs. the industry median of 11.99, IOI 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 11.99, based on 1,981 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. IOI Bhd's current ROC (Joel Greenblatt) % of 13.01% is 8.5% 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 IOI Bhd and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOI Bhd's current ROC (Joel Greenblatt) % is 13.01%, which is 13% below median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOI Bhd stock overvalued right now?
Based on GuruFocus' analysis, IOI Bhd (XKLS:1961) is currently considered Fairly Valued. The stock's GF Value™ is RM4.13, compared to a current price of RM4.47 — trading 8.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.01%, which is 13% below median its 10-year median of 14.90 and 8.5% above the Consumer Packaged Goods industry median of 11.99. IOI Bhd's overall GF Score™ is 81/100 with 5 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 IOI Bhd (XKLS:1961), the current ROC (Joel Greenblatt) % is 13.01% 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 IOI Bhd (XKLS:1961) Overvalued in 2026?
Based on GuruFocus' analysis, IOI Bhd stock appears to be overvalued.
The current stock price of RM4.47 is trading 8.2% above its estimated GF Value™ of RM4.13.
GuruFocus considers IOI Bhd to be Fairly Valued.
Key valuation signals for XKLS:1961:
ROC (Joel Greenblatt) %: 13.01% (13% below median its 10-year median of 14.90)
GF Value™: RM4.13 vs. price of RM4.47 (8.2% above fair value)
Industry Position: 8.5% above the Consumer Packaged Goods median (#683 of 1981)
No single metric tells the full story. See the XKLS:1961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported to many different customers, including some multinational corporations. The Group has two (2) reportable operating segments: Plantation, Resource-based manufacturing.
81GF Score
Get the complete analysis for XKLS:1961
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:1961 has been successfully added to your 
