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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. Malpac Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 49.22%.
The historical rank and industry rank for Malpac Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:4936'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3931.16 Med: -20.18 Max: 191.47
Current: -5.87
During the past 13 years, Malpac Holdings Bhd's highest ROC (Joel Greenblatt) % was 191.47%. The lowest was -3931.16%. And the median was -20.18%.
XKLS:4936's ROC (Joel Greenblatt) % is not ranked
in the Asset Management industry.
Industry Median: 63.66
vs XKLS:4936: -5.87
Malpac Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Malpac Holdings Bhd (XKLS:4936) 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.
Malpac Holdings Bhd ROC (Joel Greenblatt) % Related Terms
Malpac Holdings Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Malpac Holdings 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:4936 vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Malpac Holdings 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.
Malpac Holdings Bhd ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Malpac Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Malpac Holdings Bhd's ROC (Joel Greenblatt) % falls into.
Malpac Holdings 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 (Sep. 2025) 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 49.22% mean?
Malpac Holdings Bhd (XKLS:4936) has a ROC (Joel Greenblatt) % of 49.22% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Malpac Holdings Bhd and its competitors.
Is Malpac Holdings Bhd's ROC (Joel Greenblatt) % too high?
Malpac Holdings Bhd's current ROC (Joel Greenblatt) % is 49.22%. The Asset Management industry median ROC (Joel Greenblatt) % is 63.66. Malpac Holdings Bhd's value of 49.22% is 22.7% below this industry median. Overall, Malpac Holdings Bhd has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Malpac Holdings Bhd's ROC (Joel Greenblatt) % compare to BLK and BX?
Malpac Holdings Bhd's ROC (Joel Greenblatt) % of 49.22% can be compared against companies in the Asset Management industry. The industry median ROC (Joel Greenblatt) % is 63.66. Malpac Holdings Bhd's value of 49.22% is 22.7% below this benchmark. 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.66, based on 628 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. Malpac Holdings Bhd's current ROC (Joel Greenblatt) % of 49.22% is 22.7% 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 Malpac Holdings Bhd and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malpac Holdings Bhd's current ROC (Joel Greenblatt) % is 49.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malpac Holdings Bhd stock overvalued right now?
Malpac Holdings Bhd (XKLS:4936) has a current ROC (Joel Greenblatt) % of 49.22%. The stock's GF Value™ is RM0.82, compared to a current price of RM0.72 — trading 12.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 49.22% and 22.7% below the Asset Management industry median of 63.66. Malpac Holdings Bhd's overall GF Score™ is 25/100 with 2 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 Malpac Holdings Bhd (XKLS:4936), the current ROC (Joel Greenblatt) % is 49.22% as of Sep. 2025. 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 Malpac Holdings Bhd (XKLS:4936) Overvalued in 2026?
Based on GuruFocus' analysis, Malpac Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.72 is trading 12.2% below its estimated GF Value™ of RM0.82.
Key valuation signals for XKLS:4936:
ROC (Joel Greenblatt) %: 49.22%
GF Value™: RM0.82 vs. price of RM0.72 (12.2% below fair value)
Industry Position: 22.7% below the Asset Management median
No single metric tells the full story. See the XKLS:4936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malpac Holdings Bhd is an investment holding company. Geographically, the company operates in two main geographical areas, namely Malaysia, and Japan. The majority of its revenue is generated from Malaysia.
25GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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