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Hap Seng Consolidated BhdXKLS:3034 -1.08%61 ROC (Joel Greenblatt) % is 12.12% as of Mar. 2026, which is 50% below its 10-year median of 24.37. GuruFocus rates XKLS:3034 with a GF Score™ of 61/100 and a GF Value™ of RM2.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 562 Conglomerates companies, Hap Seng Consolidated Bhd ranks better than 52.85% 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. Hap Seng Consolidated Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.12%.
The historical rank and industry rank for Hap Seng Consolidated Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:3034'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.02 Med: 24.37 Max: 28.63
Current: 16.02
During the past 13 years, Hap Seng Consolidated Bhd's highest ROC (Joel Greenblatt) % was 28.63%. The lowest was 16.02%. And the median was 24.37%.
XKLS:3034's ROC (Joel Greenblatt) % is ranked better than 52.85% of 562
companies
in the Conglomerates industry
Industry Median: 14.71
vs XKLS:3034: 16.02
Hap Seng Consolidated Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.80% per year.
Hap Seng Consolidated Bhd (XKLS:3034) 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.
Hap Seng Consolidated Bhd ROC (Joel Greenblatt) % Related Terms
Hap Seng Consolidated Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hap Seng Consolidated 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.
Hap Seng Consolidated Bhd ROC (Joel Greenblatt) % Chart
XKLS:3034 vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Hap Seng Consolidated 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.
Hap Seng Consolidated Bhd ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hap Seng Consolidated Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hap Seng Consolidated Bhd's ROC (Joel Greenblatt) % falls into.
Hap Seng Consolidated 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:
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 12.12% mean?
Hap Seng Consolidated Bhd (XKLS:3034) has a ROC (Joel Greenblatt) % of 12.12% 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 Hap Seng Consolidated Bhd and its competitors. This is 50% below median its historical median of 24.37. Over the past decade, Hap Seng Consolidated Bhd's ROC (Joel Greenblatt) % has ranged from 16.02 to 28.63. According to the industry distribution chart, Hap Seng Consolidated Bhd ranks #265 out of 562 companies in the Conglomerates industry, placing it in the top 47.2%.
Is Hap Seng Consolidated Bhd's ROC (Joel Greenblatt) % too high?
Hap Seng Consolidated Bhd's current ROC (Joel Greenblatt) % of 12.12% is 50% below median its 10-year median of 24.37. Over the past 10 years, this metric has ranged from a low of 16.02 to a high of 28.63. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.71. Hap Seng Consolidated Bhd's value of 12.12% is 17.6% below this industry median. Based on the distribution chart, Hap Seng Consolidated Bhd ranks #265 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Hap Seng Consolidated Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Consolidated Bhd's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hap Seng Consolidated Bhd ranks #265 out of 562 companies for ROC (Joel Greenblatt) %. This puts Hap Seng Consolidated Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.71. Hap Seng Consolidated Bhd's value of 12.12% is 17.6% below this benchmark. Historically, Hap Seng Consolidated Bhd's own ROC (Joel Greenblatt) % has ranged from 16.02 to 28.63 over the past decade. While the company's 10-year median is 24.37 vs. the industry median of 14.71, Hap Seng Consolidated Bhd has consistently been below 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.71, based on 562 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. Hap Seng Consolidated Bhd's current ROC (Joel Greenblatt) % of 12.12% is 17.6% below 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 Hap Seng Consolidated Bhd and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hap Seng Consolidated Bhd's current ROC (Joel Greenblatt) % is 12.12%, which is 50% below median its own 10-year median of 24.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hap Seng Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd (XKLS:3034) is currently considered Fairly Valued. The stock's GF Value™ is RM2.88, compared to a current price of RM2.74 — trading 4.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.12%, which is 50% below median its 10-year median of 24.37 and 17.6% below the Conglomerates industry median of 14.71. Hap Seng Consolidated Bhd's overall GF Score™ is 61/100 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 Hap Seng Consolidated Bhd (XKLS:3034), the current ROC (Joel Greenblatt) % is 12.12% 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 Hap Seng Consolidated Bhd (XKLS:3034) Overvalued in 2026?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd stock appears to be undervalued.
The current stock price of RM2.74 is trading 4.9% below its estimated GF Value™ of RM2.88.
GuruFocus considers Hap Seng Consolidated Bhd to be Fairly Valued.
Key valuation signals for XKLS:3034:
ROC (Joel Greenblatt) %: 12.12% (50% below median its 10-year median of 24.37)
GF Value™: RM2.88 vs. price of RM2.74 (4.9% below fair value)
Industry Position: 17.6% below the Conglomerates median (#265 of 562)
No single metric tells the full story. See the XKLS:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hap Seng Consolidated Bhd is an investment holding company. Its segment comprises: Plantation engaged in the cultivation of oil palm and processing of fresh fruit bunches; Property consists of Property investment, property development, and hospitality; Credit financing consists provision of financial services; Automotive engaged in trading in motor vehicles, spare parts and servicing of motor vehicles; Trading consists of Trading and distribution of fertilizers and agro-chemical, trading of general building materials and petroleum products; and Building materials comprise operation of stone quarries and asphalt plants, manufacture of bricks and tiles, distribution and others. The majority of the revenue is generated in Malaysia with smaller operations in Other Asian countries.
61GF Score
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