Tower Real Estate Investment Trust (XKLS:5111) ROC (Joel Greenblatt) %: 484.67% (As of Mar. 2026) — 978% Above Median

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XKLS:5111 Tower Real Estate Investment Trust XKLS:5111
28 GF Score
Price RM0.31
GF Value RM0.27
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tower Real Estate Investment Trust ROC (Joel Greenblatt) %?

Tower Real Estate Investment Trust XKLS:5111 28 ROC (Joel Greenblatt) % is 484.67% as of Mar. 2026, which is 978% above its 10-year median of 44.94. GuruFocus rates XKLS:5111 with a GF Score™ of 28/100 and a GF Value™ of RM0.27 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 584 REITs companies, Tower Real Estate Investment Trust ranks better than 62.16% 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. Tower Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 484.67%.

The historical rank and industry rank for Tower Real Estate Investment Trust's ROC (Joel Greenblatt) % or its related term are showing as below:

XKLS:5111' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -109.36   Med: 44.94   Max: 439.6
Current: 396.63

During the past 13 years, Tower Real Estate Investment Trust's highest ROC (Joel Greenblatt) % was 439.60%. The lowest was -109.36%. And the median was 44.94%.

XKLS:5111's ROC (Joel Greenblatt) % is ranked better than
62.16% of 584 companies
in the REITs industry
Industry Median: 179.775 vs XKLS:5111: 396.63

Tower Real Estate Investment Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Tower Real Estate Investment Trust  (XKLS:5111) 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.


Tower Real Estate Investment Trust ROC (Joel Greenblatt) % Related Terms


Tower Real Estate Investment Trust ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tower Real Estate Investment Trust'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.

Tower Real Estate Investment Trust ROC (Joel Greenblatt) % Chart

Tower Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.41 170.87 -109.36 259.05 439.60

Tower Real Estate Investment Trust 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 232.33 313.76 459.33 453.08 484.67

XKLS:5111 vs BXP, ARE, VNO: ROC (Joel Greenblatt) % Comparison

For the REIT - Office subindustry, Tower Real Estate Investment Trust'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.


Tower Real Estate Investment Trust ROC (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Tower Real Estate Investment Trust's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tower Real Estate Investment Trust's ROC (Joel Greenblatt) % falls into.


XKLS:5111
28GF Score
Tower Real Estate Investment Trust XKLS:5111
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tower Real Estate Investment Trust 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)
=(1.45 + 0 + 7.105427357601E-15) - (9.527 + 0 + 9.043)
=-17.12

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.707 + 0 + 0) - (9.742 + 0 + 9.635)
=-18.67

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tower Real Estate Investment Trust 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 )
=23.172/( ( (4.781 + max(-17.12, 0)) + (4.781 + max(-18.67, 0)) )/ 2 )
=23.172/( ( 4.781 + 4.781 )/ 2 )
=23.172/4.781
=484.67 %

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 484.67% mean?
Tower Real Estate Investment Trust (XKLS:5111) has a ROC (Joel Greenblatt) % of 484.67% 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 Tower Real Estate Investment Trust and its competitors. This is 978% above median its historical median of 44.94. According to the industry distribution chart, Tower Real Estate Investment Trust ranks #221 out of 584 companies in the REITs industry, placing it in the top 37.8%.
Is Tower Real Estate Investment Trust's ROC (Joel Greenblatt) % too high?
Tower Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 484.67% is 978% above median its 10-year median of 44.94. The REITs industry median ROC (Joel Greenblatt) % is 179.78. Tower Real Estate Investment Trust's value of 484.67% is 169.6% above this industry median. Based on the distribution chart, Tower Real Estate Investment Trust ranks #221 out of 584 companies in the REITs industry, which is above the industry midpoint. Overall, Tower Real Estate Investment Trust has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tower Real Estate Investment Trust's ROC (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Tower Real Estate Investment Trust ranks #221 out of 584 companies for ROC (Joel Greenblatt) %. This puts Tower Real Estate Investment Trust in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 179.78. Tower Real Estate Investment Trust's value of 484.67% is 169.6% above this benchmark. While the company's 10-year median is 44.94 vs. the industry median of 179.78, Tower Real Estate Investment Trust 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 REITs company?
The median ROC (Joel Greenblatt) % among REITs companies is 179.78, based on 584 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. Tower Real Estate Investment Trust's current ROC (Joel Greenblatt) % of 484.67% is 169.6% 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 Tower Real Estate Investment Trust and its competitors. For the REITs industry, the median ROC (Joel Greenblatt) % is 179.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tower Real Estate Investment Trust's current ROC (Joel Greenblatt) % is 484.67%, which is 978% above median its own 10-year median of 44.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Tower Real Estate Investment Trust (XKLS:5111) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.31 — trading 14.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 484.67%, which is 978% above median its 10-year median of 44.94 and 169.6% above the REITs industry median of 179.78. Tower Real Estate Investment Trust's overall GF Score™ is 28/100 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 Tower Real Estate Investment Trust (XKLS:5111), the current ROC (Joel Greenblatt) % is 484.67% 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 Tower Real Estate Investment Trust (XKLS:5111) Overvalued in 2026?

Based on GuruFocus' analysis, Tower Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM0.31 is trading 14.8% above its estimated GF Value™ of RM0.27. GuruFocus considers Tower Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for XKLS:5111:

  • ROC (Joel Greenblatt) %: 484.67% (978% above median its 10-year median of 44.94)
  • GF Value™: RM0.27 vs. price of RM0.31 (14.8% above fair value)
  • GF Score™: 28/100 with 7 warning signs
  • Industry Position: 169.6% above the REITs median (#221 of 584)

No single metric tells the full story. See the XKLS:5111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tower Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address No. 6, Jalan Damanlela, Level 13, Menara Guoco, Bukit Damansara, Damansara City, Kuala Lumpur, SGR, MYS, 50490
Tower Real Estate Investment Trust is a real estate investment trust engaged in owning and investing in commercial office buildings and other prime real estate assets. The trust focuses on generating stable and regular income distributions for its unitholders while seeking medium to long-term growth in net asset value. It holds a portfolio of high-quality office and commercial properties, located mainly in strategic urban areas. The business model centers on leasing these properties to a diverse range of tenants, including multinational corporations and emerging businesses. Tower REIT only has one reportable segment, i.e. leasing of investment properties. The majority source of revenue for the company is through the rental income.
28GF Score

Get the complete analysis for XKLS:5111

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

RM0.31
Price
RM0.27
GF Value