Sinaran Advance Group Bhd (XKLS:5172) ROC (Joel Greenblatt) %: -222.25% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5172 Sinaran Advance Group Bhd XKLS:5172
31 GF Score
Price RM0.11
GF Value RM0.02
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sinaran Advance Group Bhd ROC (Joel Greenblatt) %?

Sinaran Advance Group Bhd XKLS:5172 -4.35% 31 ROC (Joel Greenblatt) % is -222.25% as of Mar. 2026. GuruFocus rates XKLS:5172 with a GF Score™ of 31/100 and a GF Value™ of RM0.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Sinaran Advance Group Bhd ranks worse than 97.93% 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. Sinaran Advance Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -222.25%.

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

XKLS:5172' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -314.65   Med: -12.06   Max: 0.22
Current: -273.42

During the past 13 years, Sinaran Advance Group Bhd's highest ROC (Joel Greenblatt) % was 0.22%. The lowest was -314.65%. And the median was -12.06%.

XKLS:5172's ROC (Joel Greenblatt) % is ranked worse than
97.93% of 1063 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.37 vs XKLS:5172: -273.42

Sinaran Advance Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Sinaran Advance Group Bhd  (XKLS:5172) 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.


Sinaran Advance Group Bhd ROC (Joel Greenblatt) % Related Terms


Sinaran Advance Group Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sinaran Advance Group 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.

Sinaran Advance Group Bhd ROC (Joel Greenblatt) % Chart

Sinaran Advance Group 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 -5.18 -10.75 -13.36 -8.33 -314.65

Sinaran Advance Group 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 -367.35 -156.12 -232.38 -582.82 -222.25

XKLS:5172 vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison

For the Footwear & Accessories subindustry, Sinaran Advance Group 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.


Sinaran Advance Group Bhd ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sinaran Advance Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:5172
31GF Score
Sinaran Advance Group Bhd XKLS:5172
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinaran Advance Group 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)
=(1.087 + 0 + 4.439) - (0.515 + 0 + 3.275)
=1.736

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.926 + 0 + 3.5527136788005E-15) - (0.532 + 0 + 1.838)
=-0.444

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sinaran Advance Group 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 )
=-2.148/( ( (0.104 + max(1.736, 0)) + (0.093 + max(-0.444, 0)) )/ 2 )
=-2.148/( ( 1.84 + 0.093 )/ 2 )
=-2.148/0.9665
=-222.25 %

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 -222.25% mean?
Sinaran Advance Group Bhd (XKLS:5172) has a ROC (Joel Greenblatt) % of -222.25% 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 Sinaran Advance Group Bhd and its competitors. According to the industry distribution chart, Sinaran Advance Group Bhd ranks #1041 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97.9%.
Is Sinaran Advance Group Bhd's ROC (Joel Greenblatt) % too high?
Sinaran Advance Group Bhd's current ROC (Joel Greenblatt) % is -222.25%. Based on the distribution chart, Sinaran Advance Group Bhd ranks #1041 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Sinaran Advance Group Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinaran Advance Group Bhd's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sinaran Advance Group Bhd ranks #1041 out of 1063 companies for ROC (Joel Greenblatt) %. This places Sinaran Advance Group Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.37. 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.37, based on 1,063 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. 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 Sinaran Advance Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinaran Advance Group Bhd's current ROC (Joel Greenblatt) % is -222.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinaran Advance Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sinaran Advance Group Bhd (XKLS:5172) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.11 — trading 450% above its estimated fair value. The current ROC (Joel Greenblatt) % is -222.25%. Sinaran Advance Group Bhd's overall GF Score™ is 31/100 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 Sinaran Advance Group Bhd (XKLS:5172), the current ROC (Joel Greenblatt) % is -222.25% 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 Sinaran Advance Group Bhd (XKLS:5172) Overvalued in 2026?

Based on GuruFocus' analysis, Sinaran Advance Group Bhd stock appears to be overvalued. The current stock price of RM0.11 is trading 450% above its estimated GF Value™ of RM0.02. GuruFocus considers Sinaran Advance Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5172:

  • ROC (Joel Greenblatt) %: -222.25%
  • GF Value™: RM0.02 vs. price of RM0.11 (450% above fair value)
  • GF Score™: 31/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinaran Advance Group Bhd Business Description

Address Menara Lien Hoe, No. 8, 13.3A,13th Floor, Persiaran Tropicana, Petaling Jaya, SGR, MYS, 47410
Sinaran Advance Group Bhd engages in the design, manufacture, distribution, and sale of sports footwear and sports apparel. It offers athletic footwear designed for sporting activities, such as running, tennis, basketball, and mountain climbing, as well as leisure footwear, as well as original equipment manufacturing and original design manufacturing services. The company is also an original equipment manufacturer and original design manufacturer for sports brands, including Umbro, Diadora, Kappa, Le Coq Sportif, Canguro, Die Wilden Kerle, Cosby, Bridgestone, Prince, and Master Bunny. Its operating segment includes Sports footwear, Construction, and others. The company generates maximum revenue from the Construction segment.
31GF Score

Get the complete analysis for XKLS:5172

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

RM0.11
Price
RM0.02
GF Value