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Dagang NeXchange BhdXKLS:4456 +1.14%48 ROC (Joel Greenblatt) % is 7.20% as of Mar. 2026, which is 87% below its 10-year median of 55.72. GuruFocus rates XKLS:4456 with a GF Score™ of 48/100 and a GF Value™ of RM0.29 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,814 Software companies, Dagang NeXchange Bhd ranks worse than 69.76% 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. Dagang NeXchange Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.20%.
The historical rank and industry rank for Dagang NeXchange Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:4456'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -28.59 Med: 55.72 Max: 237.99
Current: -24.13
During the past 13 years, Dagang NeXchange Bhd's highest ROC (Joel Greenblatt) % was 237.99%. The lowest was -28.59%. And the median was 55.72%.
XKLS:4456's ROC (Joel Greenblatt) % is ranked worse than 69.76% of 2814
companies
in the Software industry
Industry Median: 20
vs XKLS:4456: -24.13
Dagang NeXchange Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Dagang NeXchange Bhd (XKLS:4456) 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.
Dagang NeXchange Bhd ROC (Joel Greenblatt) % Related Terms
Dagang NeXchange Bhd ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Dagang NeXchange 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.
Dagang NeXchange Bhd ROC (Joel Greenblatt) % Chart
XKLS:4456 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Dagang NeXchange 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.
Dagang NeXchange Bhd ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Dagang NeXchange Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dagang NeXchange Bhd's ROC (Joel Greenblatt) % falls into.
Dagang NeXchange 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 7.20% mean?
Dagang NeXchange Bhd (XKLS:4456) has a ROC (Joel Greenblatt) % of 7.20% 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 Dagang NeXchange Bhd and its competitors. This is 87% below median its historical median of 55.72. According to the industry distribution chart, Dagang NeXchange Bhd ranks #1963 out of 2814 companies in the Software industry, placing it in the top 69.8%.
Is Dagang NeXchange Bhd's ROC (Joel Greenblatt) % too high?
Dagang NeXchange Bhd's current ROC (Joel Greenblatt) % of 7.20% is 87% below median its 10-year median of 55.72. The Software industry median ROC (Joel Greenblatt) % is 20.00. Dagang NeXchange Bhd's value of 7.20% is 64% below this industry median. Based on the distribution chart, Dagang NeXchange Bhd ranks #1963 out of 2814 companies in the Software industry, which is below the industry midpoint. Overall, Dagang NeXchange Bhd has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dagang NeXchange Bhd's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Dagang NeXchange Bhd ranks #1963 out of 2814 companies for ROC (Joel Greenblatt) %. This places Dagang NeXchange Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.00. Dagang NeXchange Bhd's value of 7.20% is 64% below this benchmark. While the company's 10-year median is 55.72 vs. the industry median of 20.00, Dagang NeXchange 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.00, based on 2,814 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. Dagang NeXchange Bhd's current ROC (Joel Greenblatt) % of 7.20% is 64% 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 Dagang NeXchange Bhd and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dagang NeXchange Bhd's current ROC (Joel Greenblatt) % is 7.20%, which is 87% below median its own 10-year median of 55.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dagang NeXchange Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dagang NeXchange Bhd (XKLS:4456) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.45 — trading 53.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.20%, which is 87% below median its 10-year median of 55.72 and 64% below the Software industry median of 20.00. Dagang NeXchange Bhd's overall GF Score™ is 48/100 with 9 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 Dagang NeXchange Bhd (XKLS:4456), the current ROC (Joel Greenblatt) % is 7.20% 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 Dagang NeXchange Bhd (XKLS:4456) Overvalued in 2026?
Based on GuruFocus' analysis, Dagang NeXchange Bhd stock appears to be overvalued.
The current stock price of RM0.45 is trading 53.4% above its estimated GF Value™ of RM0.29.
GuruFocus considers Dagang NeXchange Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:4456:
ROC (Joel Greenblatt) %: 7.20% (87% below median its 10-year median of 55.72)
GF Value™: RM0.29 vs. price of RM0.45 (53.4% above fair value)
Industry Position: 64% below the Software median (#1963 of 2814)
No single metric tells the full story. See the XKLS:4456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, Information technology, Energy and Semiconductor. Corporate is in provision of corporate services to the entities within the group. Information technology which include Supply, delivery, installation, testing, commissioning and maintenance of IT hardware, development, management and B2G e-commerce. Energy includes providing upstream oil and gas exploration, production, sale of oil and gas related equipment and services, provision of engineering, technical support and energy related business. Key revenue is generated from Semiconductor segment which consists manufacturing of semiconductor wafers ,supplies multinational fables, sales of semiconductor related tools and others.
48GF Score
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