Time Dotcom Bhd (XKLS:5031) ROC (Joel Greenblatt) %: 34.55% (As of Mar. 2026) — 37% Above 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:5031 Time Dotcom Bhd XKLS:5031
90 GF Score
Price RM5.99
GF Value RM5.83
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Time Dotcom Bhd ROC (Joel Greenblatt) %?

Time Dotcom Bhd XKLS:5031 90 ROC (Joel Greenblatt) % is 34.55% as of Mar. 2026, which is 37% above its 10-year median of 25.22. GuruFocus rates XKLS:5031 with a GF Score™ of 90/100 and a GF Value™ of RM5.83 (Fairly Valued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Time Dotcom Bhd ranks better than 71.98% 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. Time Dotcom Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.55%.

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

XKLS:5031' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.05   Med: 25.22   Max: 31.06
Current: 30.58

During the past 13 years, Time Dotcom Bhd's highest ROC (Joel Greenblatt) % was 31.06%. The lowest was 15.05%. And the median was 25.22%.

XKLS:5031's ROC (Joel Greenblatt) % is ranked better than
71.98% of 364 companies
in the Telecommunication Services industry
Industry Median: 14.97 vs XKLS:5031: 30.58

Time Dotcom Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.90% per year.


Time Dotcom Bhd  (XKLS:5031) 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.


Time Dotcom Bhd ROC (Joel Greenblatt) % Related Terms


Time Dotcom Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Time Dotcom 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.

Time Dotcom Bhd ROC (Joel Greenblatt) % Chart

Time Dotcom 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 26.52 25.33 22.89 31.06 30.40

Time Dotcom 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 33.38 31.82 28.38 27.50 34.55

XKLS:5031 vs TMUS, VZ, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Time Dotcom 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.


Time Dotcom Bhd ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Time Dotcom Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:5031
90GF Score
Time Dotcom Bhd XKLS:5031
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Time Dotcom 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)
=(245.579 + 0 + 19.464) - (293.921 + 0 + 233.28)
=-262.158

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(364.063 + 10.615 + 15.941) - (423.257 + 0 + 134.992)
=-167.63

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Time Dotcom 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 )
=667.32/( ( (1913.377 + max(-262.158, 0)) + (1949.532 + max(-167.63, 0)) )/ 2 )
=667.32/( ( 1913.377 + 1949.532 )/ 2 )
=667.32/1931.4545
=34.55 %

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 34.55% mean?
Time Dotcom Bhd (XKLS:5031) has a ROC (Joel Greenblatt) % of 34.55% 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 Time Dotcom Bhd and its competitors. This is 37% above median its historical median of 25.22. Over the past decade, Time Dotcom Bhd's ROC (Joel Greenblatt) % has ranged from 15.05 to 31.06. According to the industry distribution chart, Time Dotcom Bhd ranks #102 out of 364 companies in the Telecommunication Services industry, placing it in the top 28%.
Is Time Dotcom Bhd's ROC (Joel Greenblatt) % too high?
Time Dotcom Bhd's current ROC (Joel Greenblatt) % of 34.55% is 37% above median its 10-year median of 25.22. Over the past 10 years, this metric has ranged from a low of 15.05 to a high of 31.06. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.97. Time Dotcom Bhd's value of 34.55% is 130.8% above this industry median. Based on the distribution chart, Time Dotcom Bhd ranks #102 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Time Dotcom Bhd has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Time Dotcom Bhd's ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Time Dotcom Bhd ranks #102 out of 364 companies for ROC (Joel Greenblatt) %. This puts Time Dotcom Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.97. Time Dotcom Bhd's value of 34.55% is 130.8% above this benchmark. Historically, Time Dotcom Bhd's own ROC (Joel Greenblatt) % has ranged from 15.05 to 31.06 over the past decade. While the company's 10-year median is 25.22 vs. the industry median of 14.97, Time Dotcom 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.97, based on 364 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. Time Dotcom Bhd's current ROC (Joel Greenblatt) % of 34.55% is 130.8% 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 Time Dotcom Bhd and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Dotcom Bhd's current ROC (Joel Greenblatt) % is 34.55%, which is 37% above median its own 10-year median of 25.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Dotcom Bhd stock overvalued right now?
Based on GuruFocus' analysis, Time Dotcom Bhd (XKLS:5031) is currently considered Fairly Valued. The stock's GF Value™ is RM5.83, compared to a current price of RM5.99 — trading 2.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 34.55%, which is 37% above median its 10-year median of 25.22 and 130.8% above the Telecommunication Services industry median of 14.97. Time Dotcom Bhd's overall GF Score™ is 90/100 with 6 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 Time Dotcom Bhd (XKLS:5031), the current ROC (Joel Greenblatt) % is 34.55% 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 Time Dotcom Bhd (XKLS:5031) Overvalued in 2026?

Based on GuruFocus' analysis, Time Dotcom Bhd stock appears to be overvalued. The current stock price of RM5.99 is trading 2.7% above its estimated GF Value™ of RM5.83. GuruFocus considers Time Dotcom Bhd to be Fairly Valued.

Key valuation signals for XKLS:5031:

  • ROC (Joel Greenblatt) %: 34.55% (37% above median its 10-year median of 25.22)
  • GF Value™: RM5.83 vs. price of RM5.99 (2.7% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 130.8% above the Telecommunication Services median (#102 of 364)

No single metric tells the full story. See the XKLS:5031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Time Dotcom Bhd Business Description

Address Jalan Majistret U1/26, Level 4, No. 14, HICOM Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Time Dotcom Bhd is an investment holding company. Along with its subsidiaries, it operates as a telecommunications provider specialising in domestic and international connectivity, data centre, cloud, and managed services solutions catered to the Retail, Enterprise, and Wholesale markets in Malaysia. The Group's core business is anchored in its ownership and operation of high-performance terrestrial and submarine fibre optic networks, enabling high-speed domestic and international connectivity. Additionally, it has expanded into the renewable energy infrastructure business, focusing mainly on distributed solar solutions and electric vehicle (EV) charging infrastructure. The Group's reportable segments are: Data, which generates maximum revenue, Voice, Cloud and other services, and Others.
90GF Score

Get the complete analysis for XKLS:5031

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

RM5.99
Price
RM5.83
GF Value