Ibraco Bhd (XKLS:5084) ROC (Joel Greenblatt) %: 16.60% (As of Mar. 2026) — Near Median

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XKLS:5084 Ibraco Bhd XKLS:5084
83 GF Score
Price RM1.11
GF Value RM1.43
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ibraco Bhd ROC (Joel Greenblatt) %?

Ibraco Bhd XKLS:5084 -3.48% 83 ROC (Joel Greenblatt) % is 16.60% as of Mar. 2026, which is 2% above its 10-year median of 16.27. GuruFocus rates XKLS:5084 with a GF Score™ of 83/100 and a GF Value™ of RM1.43 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,752 Real Estate companies, Ibraco Bhd ranks better than 55.42% 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. Ibraco Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.60%.

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

XKLS:5084' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.61   Med: 16.27   Max: 22.54
Current: 17.54

During the past 13 years, Ibraco Bhd's highest ROC (Joel Greenblatt) % was 22.54%. The lowest was 6.61%. And the median was 16.27%.

XKLS:5084's ROC (Joel Greenblatt) % is ranked better than
55.42% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs XKLS:5084: 17.54

Ibraco Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.10% per year.


Ibraco Bhd  (XKLS:5084) 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.


Ibraco Bhd ROC (Joel Greenblatt) % Related Terms


Ibraco Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ibraco 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.

Ibraco Bhd ROC (Joel Greenblatt) % Chart

Ibraco 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 11.50 13.68 18.66 18.55 22.54

Ibraco 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 16.39 22.14 15.96 15.58 16.60

Ibraco Bhd ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Diversified subindustry, Ibraco 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.


Ibraco Bhd ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ibraco Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:5084
83GF Score
Ibraco Bhd XKLS:5084
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ibraco 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)
=(104.125 + 601.521 + 88.878) - (299.422 + 0 + 33.063)
=462.039

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(74.816 + 629.585 + 254.551) - (217.555 + 0 + 137.459)
=603.938

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ibraco 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 )
=114.74/( ( (157.593 + max(462.039, 0)) + (159.108 + max(603.938, 0)) )/ 2 )
=114.74/( ( 619.632 + 763.046 )/ 2 )
=114.74/691.339
=16.60 %

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 16.60% mean?
Ibraco Bhd (XKLS:5084) has a ROC (Joel Greenblatt) % of 16.60% 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 Ibraco Bhd and its competitors. This is near median its historical median of 16.27. Over the past decade, Ibraco Bhd's ROC (Joel Greenblatt) % has ranged from 6.61 to 22.54. According to the industry distribution chart, Ibraco Bhd ranks #781 out of 1752 companies in the Real Estate industry, placing it in the top 44.6%.
Is Ibraco Bhd's ROC (Joel Greenblatt) % too high?
Ibraco Bhd's current ROC (Joel Greenblatt) % of 16.60% is near median its 10-year median of 16.27. Over the past 10 years, this metric has ranged from a low of 6.61 to a high of 22.54. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Ibraco Bhd's value of 16.60% is 29.2% above this industry median. Based on the distribution chart, Ibraco Bhd ranks #781 out of 1752 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ibraco Bhd has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ibraco Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Ibraco Bhd ranks #781 out of 1752 companies for ROC (Joel Greenblatt) %. This puts Ibraco Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. Ibraco Bhd's value of 16.60% is 29.2% above this benchmark. Historically, Ibraco Bhd's own ROC (Joel Greenblatt) % has ranged from 6.61 to 22.54 over the past decade. While the company's 10-year median is 16.27 vs. the industry median of 12.85, Ibraco 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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. Ibraco Bhd's current ROC (Joel Greenblatt) % of 16.60% is 29.2% 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 Ibraco Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ibraco Bhd's current ROC (Joel Greenblatt) % is 16.60%, which is near median its own 10-year median of 16.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibraco Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ibraco Bhd (XKLS:5084) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM1.11 — trading 22.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.60%, which is near median its 10-year median of 16.27 and 29.2% above the Real Estate industry median of 12.85. Ibraco Bhd's overall GF Score™ is 83/100 with 7 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 Ibraco Bhd (XKLS:5084), the current ROC (Joel Greenblatt) % is 16.60% 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 Ibraco Bhd (XKLS:5084) Overvalued in 2026?

Based on GuruFocus' analysis, Ibraco Bhd stock appears to be undervalued. The current stock price of RM1.11 is trading 22.4% below its estimated GF Value™ of RM1.43. GuruFocus considers Ibraco Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5084:

  • ROC (Joel Greenblatt) %: 16.60% (near median its 10-year median of 16.27)
  • GF Value™: RM1.43 vs. price of RM1.11 (22.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 29.2% above the Real Estate median (#781 of 1752)

No single metric tells the full story. See the XKLS:5084 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ibraco Bhd Business Description

Address No.6 The NorthBank, Off Kuching-Samarahan Expressway, Kuching, SWK, MYS, 93350
Ibraco Bhd is an integrated property development company based in Malaysia, with ongoing property development projects in Sarawak and West Malaysia. It is mainly engaged in realty development, investment holding, and clubhouse operation. Its segments include property development, which generates maximum revenue and involves the development and sales of residential and commercial properties; construction works; quarry operation and sales of stone products; manufacturing of ready mixed concrete, premix, and mild steel cement-lined pipe; clubhouse operation; and property holding and management involving property management services and lease of retail and education facilities. All operations of the Company are held in Malaysia.
83GF Score

Get the complete analysis for XKLS:5084

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

RM1.11
Price
RM1.43
GF Value