Tong Herr Resources Bhd (XKLS:5010) ROC (Joel Greenblatt) %: 7.24% (As of Mar. 2026) — 41% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5010 Tong Herr Resources Bhd XKLS:5010
67 GF Score
Price RM1.61
GF Value RM1.53
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Tong Herr Resources Bhd ROC (Joel Greenblatt) %?

Tong Herr Resources Bhd XKLS:5010 -4.73% 67 ROC (Joel Greenblatt) % is 7.24% as of Mar. 2026, which is 41% below its 10-year median of 12.17. GuruFocus rates XKLS:5010 with a GF Score™ of 67/100 and a GF Value™ of RM1.53 (Fairly Valued). The stock has 11 warning signs investors should review. Among 3,061 Industrial Products companies, Tong Herr Resources Bhd ranks worse than 72.59% 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. Tong Herr Resources Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.24%.

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

XKLS:5010' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.26   Med: 12.17   Max: 19.73
Current: 2.51

During the past 13 years, Tong Herr Resources Bhd's highest ROC (Joel Greenblatt) % was 19.73%. The lowest was 2.26%. And the median was 12.17%.

XKLS:5010's ROC (Joel Greenblatt) % is ranked worse than
72.59% of 3061 companies
in the Industrial Products industry
Industry Median: 11.71 vs XKLS:5010: 2.51

Tong Herr Resources Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -33.90% per year.


Tong Herr Resources Bhd  (XKLS:5010) 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.


Tong Herr Resources Bhd ROC (Joel Greenblatt) % Related Terms


Tong Herr Resources Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tong Herr 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.

Tong Herr Resources Bhd ROC (Joel Greenblatt) % Chart

Tong Herr 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 17.59 19.73 3.19 2.26 2.61

Tong Herr 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 6.36 1.92 1.85 -0.58 7.24

XKLS:5010 vs SNA, RBC, LECO: ROC (Joel Greenblatt) % Comparison

For the Tools & Accessories subindustry, Tong Herr 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.


Tong Herr Resources Bhd ROC (Joel Greenblatt) % vs Industrial Products Industry

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

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


XKLS:5010
67GF Score
Tong Herr Resources Bhd XKLS:5010
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Herr 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)
=(41.844 + 307.069 + 12.691) - (21.009 + 0 + 12.131)
=328.464

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.032 + 269.459 + 11.789) - (20.532 + 0 + 0.617)
=305.131

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tong Herr 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 )
=32.432/( ( (133.695 + max(328.464, 0)) + (129.085 + max(305.131, 0)) )/ 2 )
=32.432/( ( 462.159 + 434.216 )/ 2 )
=32.432/448.1875
=7.24 %

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 7.24% mean?
Tong Herr Resources Bhd (XKLS:5010) has a ROC (Joel Greenblatt) % of 7.24% 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 Tong Herr Resources Bhd and its competitors. This is 41% below median its historical median of 12.17. Over the past decade, Tong Herr Resources Bhd's ROC (Joel Greenblatt) % has ranged from 2.26 to 19.73. According to the industry distribution chart, Tong Herr Resources Bhd ranks #2222 out of 3061 companies in the Industrial Products industry, placing it in the top 72.6%.
Is Tong Herr Resources Bhd's ROC (Joel Greenblatt) % too high?
Tong Herr Resources Bhd's current ROC (Joel Greenblatt) % of 7.24% is 41% below median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 19.73. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. Tong Herr Resources Bhd's value of 7.24% is 38.2% below this industry median. Based on the distribution chart, Tong Herr Resources Bhd ranks #2222 out of 3061 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tong Herr Resources Bhd has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tong Herr Resources Bhd's ROC (Joel Greenblatt) % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Tong Herr Resources Bhd ranks #2222 out of 3061 companies for ROC (Joel Greenblatt) %. This places Tong Herr Resources Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Tong Herr Resources Bhd's value of 7.24% is 38.2% below this benchmark. Historically, Tong Herr Resources Bhd's own ROC (Joel Greenblatt) % has ranged from 2.26 to 19.73 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 11.71, Tong Herr Resources 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,061 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. Tong Herr Resources Bhd's current ROC (Joel Greenblatt) % of 7.24% is 38.2% 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 Tong Herr Resources Bhd and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Herr Resources Bhd's current ROC (Joel Greenblatt) % is 7.24%, which is 41% below median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Herr Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tong Herr Resources Bhd (XKLS:5010) is currently considered Fairly Valued. The stock's GF Value™ is RM1.53, compared to a current price of RM1.61 — trading 5.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.24%, which is 41% below median its 10-year median of 12.17 and 38.2% below the Industrial Products industry median of 11.71. Tong Herr Resources Bhd's overall GF Score™ is 67/100 with 11 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 Tong Herr Resources Bhd (XKLS:5010), the current ROC (Joel Greenblatt) % is 7.24% 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 Tong Herr Resources Bhd (XKLS:5010) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Herr Resources Bhd stock appears to be overvalued. The current stock price of RM1.61 is trading 5.2% above its estimated GF Value™ of RM1.53. GuruFocus considers Tong Herr Resources Bhd to be Fairly Valued.

Key valuation signals for XKLS:5010:

  • ROC (Joel Greenblatt) %: 7.24% (41% below median its 10-year median of 12.17)
  • GF Value™: RM1.53 vs. price of RM1.61 (5.2% above fair value)
  • GF Score™: 67/100 with 11 warning signs
  • Industry Position: 38.2% below the Industrial Products median (#2222 of 3061)

No single metric tells the full story. See the XKLS:5010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Herr Resources Bhd Business Description

Address No. 2515 Tingkat Perusahaan 4A, Perai Free Trade Zone, Perai, PNG, MYS, 13600
Tong Herr Resources Bhd is involved in the manufacturing and sales of stainless steel fasteners, including nuts, bolts, screws, and all other threaded items, and also manufactures aluminium extrusions and its related products. The company operates through two primary business segments: stainless steel fasteners and aluminum products. Its fasteners include bolts, nuts, screws, and other components used in various industries. The aluminum segment complements the company's core offerings by providing products essential for diverse industrial applications. The majority of the revenue is derived from the Manufacture and sale of stainless steel fasteners segment. Geographically, it operates in Malaysia, Thailand, the Republic of China (Taiwan), the United States of America, and Others.
67GF Score

Get the complete analysis for XKLS:5010

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

RM1.61
Price
RM1.53
GF Value