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Hiap Teck Venture BhdXKLS:5072 +3.92%56 ROC (Joel Greenblatt) % is 4.89% as of Apr. 2026, which is 36% below its 10-year median of 7.69. GuruFocus rates XKLS:5072 with a GF Score™ of 56/100 and a GF Value™ of RM0.29 (Fairly Valued). The stock has 8 warning signs investors should review. Among 632 Steel companies, Hiap Teck Venture Bhd ranks better than 78.16% 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. Hiap Teck Venture Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 4.89%.
The historical rank and industry rank for Hiap Teck Venture Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5072'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.09 Med: 7.69 Max: 24.82
Current: 16.56
During the past 13 years, Hiap Teck Venture Bhd's highest ROC (Joel Greenblatt) % was 24.82%. The lowest was -6.09%. And the median was 7.69%.
XKLS:5072's ROC (Joel Greenblatt) % is ranked better than 78.16% of 632
companies
in the Steel industry
Industry Median: 7.065
vs XKLS:5072: 16.56
Hiap Teck Venture Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.30% per year.
Hiap Teck Venture Bhd (XKLS:5072) 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.
Hiap Teck Venture Bhd ROC (Joel Greenblatt) % Related Terms
Hiap Teck Venture Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hiap Teck Venture 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.
Hiap Teck Venture Bhd ROC (Joel Greenblatt) % Chart
XKLS:5072 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Hiap Teck Venture 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.
Hiap Teck Venture Bhd ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hiap Teck Venture Bhd's ROC (Joel Greenblatt) % falls into.
Hiap Teck Venture 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 (Apr. 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 4.89% mean?
Hiap Teck Venture Bhd (XKLS:5072) has a ROC (Joel Greenblatt) % of 4.89% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hiap Teck Venture Bhd and its competitors. This is 36% below median its historical median of 7.69. According to the industry distribution chart, Hiap Teck Venture Bhd ranks #138 out of 632 companies in the Steel industry, placing it in the top 21.8%.
Is Hiap Teck Venture Bhd's ROC (Joel Greenblatt) % too high?
Hiap Teck Venture Bhd's current ROC (Joel Greenblatt) % of 4.89% is 36% below median its 10-year median of 7.69. The Steel industry median ROC (Joel Greenblatt) % is 7.07. Hiap Teck Venture Bhd's value of 4.89% is 30.8% below this industry median. Based on the distribution chart, Hiap Teck Venture Bhd ranks #138 out of 632 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hiap Teck Venture Bhd has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hiap Teck Venture Bhd's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Hiap Teck Venture Bhd ranks #138 out of 632 companies for ROC (Joel Greenblatt) %. This places Hiap Teck Venture Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.07. Hiap Teck Venture Bhd's value of 4.89% is 30.8% below this benchmark. While the company's 10-year median is 7.69 vs. the industry median of 7.07, Hiap Teck Venture 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.07, based on 632 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. Hiap Teck Venture Bhd's current ROC (Joel Greenblatt) % of 4.89% is 30.8% 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 Hiap Teck Venture Bhd and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Teck Venture Bhd's current ROC (Joel Greenblatt) % is 4.89%, which is 36% below median its own 10-year median of 7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Teck Venture Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hiap Teck Venture Bhd (XKLS:5072) is currently considered Fairly Valued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.27 — trading 8.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.89%, which is 36% below median its 10-year median of 7.69 and 30.8% below the Steel industry median of 7.07. Hiap Teck Venture Bhd's overall GF Score™ is 56/100 with 8 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 Hiap Teck Venture Bhd (XKLS:5072), the current ROC (Joel Greenblatt) % is 4.89% as of Apr. 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 Hiap Teck Venture Bhd (XKLS:5072) Overvalued in 2026?
Based on GuruFocus' analysis, Hiap Teck Venture Bhd stock appears to be undervalued.
The current stock price of RM0.27 is trading 8.6% below its estimated GF Value™ of RM0.29.
GuruFocus considers Hiap Teck Venture Bhd to be Fairly Valued.
Key valuation signals for XKLS:5072:
ROC (Joel Greenblatt) %: 4.89% (36% below median its 10-year median of 7.69)
GF Value™: RM0.29 vs. price of RM0.27 (8.6% below fair value)
Industry Position: 30.8% below the Steel median (#138 of 632)
No single metric tells the full story. See the XKLS:5072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiap Teck Venture Bhd is a Malaysia-based company. It has six segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore; and Selling of Elecricity. It generates a vast majority of the revenues from the Trading segment.
56GF Score
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