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TAS Offshore BhdXKLS:5149 51 ROC (Joel Greenblatt) % is 12.75% as of Feb. 2026, which is 289% above its 10-year median of 3.28. GuruFocus rates XKLS:5149 with a GF Score™ of 51/100 and a GF Value™ of RM0.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 357 Aerospace & Defense companies, TAS Offshore Bhd ranks better than 82.07% 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. TAS Offshore Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 12.75%.
The historical rank and industry rank for TAS Offshore Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5149'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.98 Med: 3.28 Max: 41.03
Current: 41.03
During the past 13 years, TAS Offshore Bhd's highest ROC (Joel Greenblatt) % was 41.03%. The lowest was -71.98%. And the median was 3.28%.
XKLS:5149's ROC (Joel Greenblatt) % is ranked better than 82.07% of 357
companies
in the Aerospace & Defense industry
Industry Median: 10.76
vs XKLS:5149: 41.03
TAS Offshore Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
TAS Offshore Bhd (XKLS:5149) 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.
TAS Offshore Bhd ROC (Joel Greenblatt) % Related Terms
TAS Offshore Bhd ROC (Joel Greenblatt) % Historical Data
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The historical data trend for TAS Offshore 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.
XKLS:5149 vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, TAS Offshore 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.
TAS Offshore Bhd ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TAS Offshore Bhd's ROC (Joel Greenblatt) % falls into.
TAS Offshore 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 (Feb. 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 12.75% mean?
TAS Offshore Bhd (XKLS:5149) has a ROC (Joel Greenblatt) % of 12.75% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on TAS Offshore Bhd and its competitors. This is 289% above median its historical median of 3.28. According to the industry distribution chart, TAS Offshore Bhd ranks #64 out of 357 companies in the Aerospace & Defense industry, placing it in the top 17.9%.
Is TAS Offshore Bhd's ROC (Joel Greenblatt) % too high?
TAS Offshore Bhd's current ROC (Joel Greenblatt) % of 12.75% is 289% above median its 10-year median of 3.28. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.76. TAS Offshore Bhd's value of 12.75% is 18.5% above this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #64 out of 357 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, TAS Offshore Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #64 out of 357 companies for ROC (Joel Greenblatt) %. This places TAS Offshore Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.76. TAS Offshore Bhd's value of 12.75% is 18.5% above this benchmark. While the company's 10-year median is 3.28 vs. the industry median of 10.76, TAS Offshore 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.76, based on 357 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. TAS Offshore Bhd's current ROC (Joel Greenblatt) % of 12.75% is 18.5% 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 TAS Offshore Bhd and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current ROC (Joel Greenblatt) % is 12.75%, which is 289% above median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.52 — trading 40.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.75%, which is 289% above median its 10-year median of 3.28 and 18.5% above the Aerospace & Defense industry median of 10.76. TAS Offshore Bhd's overall GF Score™ is 51/100 with 3 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 TAS Offshore Bhd (XKLS:5149), the current ROC (Joel Greenblatt) % is 12.75% as of Feb. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?
Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued.
The current stock price of RM0.52 is trading 40.2% below its estimated GF Value™ of RM0.87.
GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5149:
ROC (Joel Greenblatt) %: 12.75% (289% above median its 10-year median of 3.28)
GF Value™: RM0.87 vs. price of RM0.52 (40.2% below fair value)
Industry Position: 18.5% above the Aerospace & Defense median (#64 of 357)
No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
51GF Score
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