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VSTECS BhdXKLS:5162 -2.82%69 ROC (Joel Greenblatt) % is 32.91% as of Mar. 2026, which is 18% above its 10-year median of 27.89. GuruFocus rates XKLS:5162 with a GF Score™ of 69/100 and a GF Value™ of RM1.55 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,494 Hardware companies, VSTECS Bhd ranks better than 81.23% 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. VSTECS Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.91%.
The historical rank and industry rank for VSTECS Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5162'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.66 Med: 27.89 Max: 35.96
Current: 35.96
During the past 13 years, VSTECS Bhd's highest ROC (Joel Greenblatt) % was 35.96%. The lowest was 16.66%. And the median was 27.89%.
XKLS:5162's ROC (Joel Greenblatt) % is ranked better than 81.23% of 2494
companies
in the Hardware industry
Industry Median: 10.42
vs XKLS:5162: 35.96
VSTECS Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.50% per year.
VSTECS Bhd (XKLS:5162) 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.
VSTECS Bhd ROC (Joel Greenblatt) % Historical Data
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The historical data trend for VSTECS 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:5162 vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, VSTECS 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.
VSTECS Bhd ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, VSTECS Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where VSTECS Bhd's ROC (Joel Greenblatt) % falls into.
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 32.91% mean?
VSTECS Bhd (XKLS:5162) has a ROC (Joel Greenblatt) % of 32.91% 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 VSTECS Bhd and its competitors. This is 18% above median its historical median of 27.89. Over the past decade, VSTECS Bhd's ROC (Joel Greenblatt) % has ranged from 16.66 to 35.96. According to the industry distribution chart, VSTECS Bhd ranks #468 out of 2494 companies in the Hardware industry, placing it in the top 18.8%.
Is VSTECS Bhd's ROC (Joel Greenblatt) % too high?
VSTECS Bhd's current ROC (Joel Greenblatt) % of 32.91% is 18% above median its 10-year median of 27.89. Over the past 10 years, this metric has ranged from a low of 16.66 to a high of 35.96. The Hardware industry median ROC (Joel Greenblatt) % is 10.42. VSTECS Bhd's value of 32.91% is 215.8% above this industry median. Based on the distribution chart, VSTECS Bhd ranks #468 out of 2494 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, VSTECS Bhd has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSTECS Bhd's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, VSTECS Bhd ranks #468 out of 2494 companies for ROC (Joel Greenblatt) %. This places VSTECS Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.42. VSTECS Bhd's value of 32.91% is 215.8% above this benchmark. Historically, VSTECS Bhd's own ROC (Joel Greenblatt) % has ranged from 16.66 to 35.96 over the past decade. While the company's 10-year median is 27.89 vs. the industry median of 10.42, VSTECS 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.42, based on 2,494 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. VSTECS Bhd's current ROC (Joel Greenblatt) % of 32.91% is 215.8% 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 VSTECS Bhd and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSTECS Bhd's current ROC (Joel Greenblatt) % is 32.91%, which is 18% above median its own 10-year median of 27.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSTECS Bhd stock overvalued right now?
Based on GuruFocus' analysis, VSTECS Bhd (XKLS:5162) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.55, compared to a current price of RM1.72 — trading 11% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.91%, which is 18% above median its 10-year median of 27.89 and 215.8% above the Hardware industry median of 10.42. VSTECS Bhd's overall GF Score™ is 69/100 with 6 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 VSTECS Bhd (XKLS:5162), the current ROC (Joel Greenblatt) % is 32.91% 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 VSTECS Bhd (XKLS:5162) Overvalued in 2026?
Based on GuruFocus' analysis, VSTECS Bhd stock appears to be overvalued.
The current stock price of RM1.72 is trading 11% above its estimated GF Value™ of RM1.55.
GuruFocus considers VSTECS Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5162:
ROC (Joel Greenblatt) %: 32.91% (18% above median its 10-year median of 27.89)
GF Value™: RM1.55 vs. price of RM1.72 (11% above fair value)
Industry Position: 215.8% above the Hardware median (#468 of 2494)
No single metric tells the full story. See the XKLS:5162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSTECS Bhd is engaged in the provision of e-commerce systems and solutions. The company distributes information and communications technology (ICT) products in Malaysia. These products consist of notebooks, personal computers, smartphones, tablets, wearables, printers, software, network and communication infrastructure, servers, and enterprise software. It operates in three segments. The ICT distribution segment distributes products to resellers, comprising mainly retailers. Its Enterprise systems segment markets products to system integrators and corporate dealers. The ICT services segment is involved in the provision of ICT services. The Enterprise Systems segment generates the maximum revenue.
69GF Score
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