Panasonic Manufacturing Malaysia Bhd (XKLS:3719) ROC (Joel Greenblatt) %: 11.17% (As of Mar. 2026) — 87% Below Median

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XKLS:3719 Panasonic Manufacturing Malaysia Bhd XKLS:3719
52 GF Score
Price RM5.64
GF Value RM13.18
Valuation Possible Value Trap
! 4 Warning Signs
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What is Panasonic Manufacturing Malaysia Bhd ROC (Joel Greenblatt) %?

Panasonic Manufacturing Malaysia Bhd XKLS:3719 +6.42% 52 ROC (Joel Greenblatt) % is 11.17% as of Mar. 2026, which is 87% below its 10-year median of 86.19. GuruFocus rates XKLS:3719 with a GF Score™ of 52/100 and a GF Value™ of RM13.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Panasonic Manufacturing Malaysia Bhd ranks better than 77.14% 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. Panasonic Manufacturing Malaysia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.17%.

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

XKLS:3719' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.22   Med: 86.19   Max: 177.13
Current: 24.22

During the past 13 years, Panasonic Manufacturing Malaysia Bhd's highest ROC (Joel Greenblatt) % was 177.13%. The lowest was 24.22%. And the median was 86.19%.

XKLS:3719's ROC (Joel Greenblatt) % is ranked better than
77.14% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.37 vs XKLS:3719: 24.22

Panasonic Manufacturing Malaysia Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.00% per year.


Panasonic Manufacturing Malaysia Bhd  (XKLS:3719) 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.


Panasonic Manufacturing Malaysia Bhd ROC (Joel Greenblatt) % Related Terms


Panasonic Manufacturing Malaysia Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Panasonic Manufacturing Malaysia 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.

Panasonic Manufacturing Malaysia Bhd ROC (Joel Greenblatt) % Chart

Panasonic Manufacturing Malaysia Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.14 63.08 76.03 36.97 25.15

Panasonic Manufacturing Malaysia 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 23.86 23.22 28.47 33.39 11.17

XKLS:3719 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Panasonic Manufacturing Malaysia 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.


Panasonic Manufacturing Malaysia Bhd ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Panasonic Manufacturing Malaysia Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Panasonic Manufacturing Malaysia Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:3719
52GF Score
Panasonic Manufacturing Malaysia Bhd XKLS:3719
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic Manufacturing Malaysia 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)
=(66.443 + 54.911 + 2.241) - (90.718 + 0 + 2.208)
=30.669

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.72 + 52.574 + 0.19600000000003) - (91.412 + 0 + 2.551)
=27.527

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Panasonic Manufacturing Malaysia 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 )
=17.884/( ( (132.085 + max(30.669, 0)) + (129.862 + max(27.527, 0)) )/ 2 )
=17.884/( ( 162.754 + 157.389 )/ 2 )
=17.884/160.0715
=11.17 %

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 11.17% mean?
Panasonic Manufacturing Malaysia Bhd (XKLS:3719) has a ROC (Joel Greenblatt) % of 11.17% 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 Panasonic Manufacturing Malaysia Bhd and its competitors. This is 87% below median its historical median of 86.19. Over the past decade, Panasonic Manufacturing Malaysia Bhd's ROC (Joel Greenblatt) % has ranged from 24.22 to 177.13. According to the industry distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #99 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 22.9%.
Is Panasonic Manufacturing Malaysia Bhd's ROC (Joel Greenblatt) % too high?
Panasonic Manufacturing Malaysia Bhd's current ROC (Joel Greenblatt) % of 11.17% is 87% below median its 10-year median of 86.19. Over the past 10 years, this metric has ranged from a low of 24.22 to a high of 177.13. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.37. Panasonic Manufacturing Malaysia Bhd's value of 11.17% is 19.2% above this industry median. Based on the distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #99 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Manufacturing Malaysia Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Panasonic Manufacturing Malaysia Bhd's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #99 out of 433 companies for ROC (Joel Greenblatt) %. This places Panasonic Manufacturing Malaysia Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.37. Panasonic Manufacturing Malaysia Bhd's value of 11.17% is 19.2% above this benchmark. Historically, Panasonic Manufacturing Malaysia Bhd's own ROC (Joel Greenblatt) % has ranged from 24.22 to 177.13 over the past decade. While the company's 10-year median is 86.19 vs. the industry median of 9.37, Panasonic Manufacturing Malaysia 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.37, based on 433 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. Panasonic Manufacturing Malaysia Bhd's current ROC (Joel Greenblatt) % of 11.17% is 19.2% 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 Panasonic Manufacturing Malaysia Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Manufacturing Malaysia Bhd's current ROC (Joel Greenblatt) % is 11.17%, which is 87% below median its own 10-year median of 86.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Manufacturing Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Manufacturing Malaysia Bhd (XKLS:3719) is currently considered Possible Value Trap. The stock's GF Value™ is RM13.18, compared to a current price of RM5.64 — trading 57.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.17%, which is 87% below median its 10-year median of 86.19 and 19.2% above the Furnishings, Fixtures & Appliances industry median of 9.37. Panasonic Manufacturing Malaysia Bhd's overall GF Score™ is 52/100 with 4 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 Panasonic Manufacturing Malaysia Bhd (XKLS:3719), the current ROC (Joel Greenblatt) % is 11.17% 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 Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Manufacturing Malaysia Bhd stock appears to be undervalued. The current stock price of RM5.64 is trading 57.2% below its estimated GF Value™ of RM13.18. GuruFocus considers Panasonic Manufacturing Malaysia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3719:

  • ROC (Joel Greenblatt) %: 11.17% (87% below median its 10-year median of 86.19)
  • GF Value™: RM13.18 vs. price of RM5.64 (57.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 19.2% above the Furnishings, Fixtures & Appliances median (#99 of 433)

No single metric tells the full story. See the XKLS:3719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Manufacturing Malaysia Bhd Business Description

Address No. 3, Jalan Sesiku 15/2, Section 15, Shah Alam Industrial Site, Shah Alam, SGR, MYS, 40200
Panasonic Manufacturing Malaysia Bhd is engaged in the manufacture and sale of electrical home appliances and related components. The business activity of the group is breakdown into two segments namely home appliances and Life Solutions. Geographically it operates in the region of Malaysia, Japan, Asia (excluding Malaysia and Japan), Europe, the Middle East, and Others. The company's segment consists of Living appliances and solutions; and Heating and Ventilation A/C. The company generates the majority of its revenue from Heating and Ventilation A/C.
52GF Score

Get the complete analysis for XKLS:3719

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

RM5.64
Price
RM13.18
GF Value