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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. Alam Maritim Resources Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 340.34%.
The historical rank and industry rank for Alam Maritim Resources Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5115'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -90.34 Med: -26.45 Max: 870.65
Current: 870.65
During the past 13 years, Alam Maritim Resources Bhd's highest ROC (Joel Greenblatt) % was 870.65%. The lowest was -90.34%. And the median was -26.45%.
XKLS:5115's ROC (Joel Greenblatt) % is ranked better than 98.8% of 998
companies
in the Oil & Gas industry
Industry Median: 8.505
vs XKLS:5115: 870.65
Alam Maritim Resources Bhd (XKLS:5115) 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.
* 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.
Alam Maritim Resources Bhd ROC (Joel Greenblatt) % Chart
XKLS:5115 vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Alam Maritim 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.
Alam Maritim Resources Bhd ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alam Maritim Resources Bhd's ROC (Joel Greenblatt) % falls into.
Alam Maritim 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:
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 (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 340.34% mean?
Alam Maritim Resources Bhd (XKLS:5115) has a ROC (Joel Greenblatt) % of 340.34% 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 Alam Maritim Resources Bhd and its competitors. According to the industry distribution chart, Alam Maritim Resources Bhd ranks #12 out of 998 companies in the Oil & Gas industry, placing it in the top 1.2%.
Is Alam Maritim Resources Bhd's ROC (Joel Greenblatt) % too high?
Alam Maritim Resources Bhd's current ROC (Joel Greenblatt) % is 340.34%. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.51. Alam Maritim Resources Bhd's value of 340.34% is 3901.6% above this industry median. Based on the distribution chart, Alam Maritim Resources Bhd ranks #12 out of 998 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Alam Maritim Resources Bhd has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alam Maritim Resources Bhd's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Alam Maritim Resources Bhd ranks #12 out of 998 companies for ROC (Joel Greenblatt) %. This places Alam Maritim Resources Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.51. Alam Maritim Resources Bhd's value of 340.34% is 3901.6% above this benchmark. 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.51, based on 998 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. Alam Maritim Resources Bhd's current ROC (Joel Greenblatt) % of 340.34% is 3901.6% 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 Alam Maritim Resources Bhd and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alam Maritim Resources Bhd's current ROC (Joel Greenblatt) % is 340.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alam Maritim Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd (XKLS:5115) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.27 — trading 58.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 340.34% and 3901.6% above the Oil & Gas industry median of 8.51. Alam Maritim Resources Bhd's overall GF Score™ is 33/100 with 2 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 Alam Maritim Resources Bhd (XKLS:5115), the current ROC (Joel Greenblatt) % is 340.34% 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 Alam Maritim Resources Bhd (XKLS:5115) Overvalued in 2026?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd stock appears to be overvalued.
The current stock price of RM0.27 is trading 58.8% above its estimated GF Value™ of RM0.17.
GuruFocus considers Alam Maritim Resources Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5115:
ROC (Joel Greenblatt) %: 340.34%
GF Value™: RM0.17 vs. price of RM0.27 (58.8% above fair value)
Industry Position: 3901.6% above the Oil & Gas median (#12 of 998)
No single metric tells the full story. See the XKLS:5115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alam Maritim Resources Bhd is an first-tier service provider to the Malaysian oil and gas industry. The company's activities include offshore facilities construction and installation services, such as marine construction-related services; subsea engineering services and offshore pipeline construction-related services, as well as designing, manufacturing and operating of remotely operated vehicles. Its segments include Offshore support vessels which provides vessels for charter hire, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and to support the repair and maintenance services for the oil and gas industry; and Subsea services which provides vessel, subsea-related equipment and subsea services.
33GF Score
Get the complete analysis for XKLS:5115
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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