Jaks Resources Bhd (XKLS:4723) ROC (Joel Greenblatt) %: 31.98% (As of Mar. 2026) — 28% Above Median

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What is Jaks Resources Bhd ROC (Joel Greenblatt) %?

Jaks Resources Bhd XKLS:4723 ROC (Joel Greenblatt) % is 31.98% as of Mar. 2026, which is 28% above its 10-year median of 25.00. The stock has 5 warning signs investors should review. Among 1,782 Construction companies, Jaks Resources Bhd ranks worse than 53.76% 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. Jaks Resources Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.98%.

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

XKLS:4723' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -362.23   Med: 25   Max: 2051.81
Current: 16.57

During the past 13 years, Jaks Resources Bhd's highest ROC (Joel Greenblatt) % was 2051.81%. The lowest was -362.23%. And the median was 25.00%.

XKLS:4723's ROC (Joel Greenblatt) % is ranked worse than
53.76% of 1782 companies
in the Construction industry
Industry Median: 19.56 vs XKLS:4723: 16.57

Jaks Resources Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Jaks Resources Bhd  (XKLS:4723) 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.


Jaks Resources Bhd ROC (Joel Greenblatt) % Related Terms


Jaks Resources Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Jaks Resources 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.

Jaks Resources Bhd ROC (Joel Greenblatt) % Chart

Jaks Resources Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.30 35.56 14.67 27.74 14.97

Jaks Resources 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 27.01 19.54 46.37 -31.81 31.98

XKLS:4723 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Jaks Resources 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.


Jaks Resources Bhd ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Jaks Resources Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jaks Resources Bhd's ROC (Joel Greenblatt) % falls into.



Jaks Resources 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)
=(112.486 + 0.483 + 77.723) - (254.14 + 0 + 81.039)
=-144.487

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(260.574 + 0.483 + 0) - (338.792 + 0 + 0)
=-77.735

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jaks Resources 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 )
=82.672/( ( (259.812 + max(-144.487, 0)) + (257.193 + max(-77.735, 0)) )/ 2 )
=82.672/( ( 259.812 + 257.193 )/ 2 )
=82.672/258.5025
=31.98 %

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 31.98% mean?
Jaks Resources Bhd (XKLS:4723) has a ROC (Joel Greenblatt) % of 31.98% 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 Jaks Resources Bhd and its competitors. This is 28% above median its historical median of 25.00. According to the industry distribution chart, Jaks Resources Bhd ranks #958 out of 1782 companies in the Construction industry, placing it in the top 53.8%.
Is Jaks Resources Bhd's ROC (Joel Greenblatt) % too high?
Jaks Resources Bhd's current ROC (Joel Greenblatt) % of 31.98% is 28% above median its 10-year median of 25.00. The Construction industry median ROC (Joel Greenblatt) % is 19.56. Jaks Resources Bhd's value of 31.98% is 63.5% above this industry median. Based on the distribution chart, Jaks Resources Bhd ranks #958 out of 1782 companies in the Construction industry, which is below the industry midpoint.
How does Jaks Resources Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Jaks Resources Bhd ranks #958 out of 1782 companies for ROC (Joel Greenblatt) %. This places Jaks Resources Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.56. Jaks Resources Bhd's value of 31.98% is 63.5% above this benchmark. While the company's 10-year median is 25.00 vs. the industry median of 19.56, Jaks Resources 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.56, based on 1,782 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. Jaks Resources Bhd's current ROC (Joel Greenblatt) % of 31.98% is 63.5% 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 Jaks Resources Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaks Resources Bhd's current ROC (Joel Greenblatt) % is 31.98%, which is 28% above median its own 10-year median of 25.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaks Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Jaks Resources Bhd (XKLS:4723) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.12, compared to a current price of RM0.09 — trading 25% below its estimated fair value. The current ROC (Joel Greenblatt) % is 31.98%, which is 28% above median its 10-year median of 25.00 and 63.5% above the Construction industry median of 19.56. 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 Jaks Resources Bhd (XKLS:4723), the current ROC (Joel Greenblatt) % is 31.98% 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.

Jaks Resources Bhd Business Description

Address Jalan 13/6, Unit B-09-28, Tower B, Pacific Towers, Section 13, Petaling Jaya, SGR, MYS, 46200
Jaks Resources Bhd is an investment holding company. It is organized into six segments: Manufacturing segment, which comprises mainly the manufacturing of pipes; Trading segment comprising trading in sheet piles, steel bars, mild steel, and special pipes, other steel related products, building materials, and supply of products for water supply industry; Construction segment comprises mainly the provision of sub-contracting activities, general contractor, supplier of building materials, and also construction; The Property Investment segment consists management of shopping mall; Power Energy engage in the business of renewable energy. and Others. Its geographical segments include Malaysia and Vietnam.