Shin Yang Group Bhd (XKLS:5173) ROC (Joel Greenblatt) %: 16.36% (As of Mar. 2026) — 480% Above Median

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XKLS:5173 Shin Yang Group Bhd XKLS:5173
68 GF Score
Price RM0.76
GF Value RM1.44
Valuation Significantly Undervalued
View Full Analysis

What is Shin Yang Group Bhd ROC (Joel Greenblatt) %?

Shin Yang Group Bhd XKLS:5173 -1.30% 68 ROC (Joel Greenblatt) % is 16.36% as of Mar. 2026, which is 480% above its 10-year median of 2.82. GuruFocus rates XKLS:5173 with a GF Score™ of 68/100 and a GF Value™ of RM1.44 (Significantly Undervalued). Among 999 Transportation companies, Shin Yang Group Bhd ranks better than 71.87% 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. Shin Yang Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.36%.

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

XKLS:5173' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.4   Med: 2.82   Max: 20.44
Current: 20.44

During the past 13 years, Shin Yang Group Bhd's highest ROC (Joel Greenblatt) % was 20.44%. The lowest was -11.40%. And the median was 2.82%.

XKLS:5173's ROC (Joel Greenblatt) % is ranked better than
71.87% of 999 companies
in the Transportation industry
Industry Median: 11.77 vs XKLS:5173: 20.44

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


Shin Yang Group Bhd  (XKLS:5173) 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.


Shin Yang Group Bhd ROC (Joel Greenblatt) % Related Terms


Shin Yang Group Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shin Yang 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.

Shin Yang Group Bhd ROC (Joel Greenblatt) % Chart

Shin Yang Group Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.40 3.03 15.48 18.65 13.43

Shin Yang 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 23.99 22.20 21.02 21.87 16.36

Shin Yang Group Bhd ROC (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Shin Yang 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.


Shin Yang Group Bhd ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:5173
68GF Score
Shin Yang Group Bhd XKLS:5173
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Yang 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)
=(268.249 + 84.165 + 41.497) - (231.571 + 0 + 56.477)
=105.863

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.363 + 105.049 + 0.66500000000008) - (241.99 + 0 + 21.432)
=91.655

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shin Yang 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 )
=184.868/( ( (1022.661 + max(105.863, 0)) + (1039.652 + max(91.655, 0)) )/ 2 )
=184.868/( ( 1128.524 + 1131.307 )/ 2 )
=184.868/1129.9155
=16.36 %

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 16.36% mean?
Shin Yang Group Bhd (XKLS:5173) has a ROC (Joel Greenblatt) % of 16.36% 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 Shin Yang Group Bhd and its competitors. This is 480% above median its historical median of 2.82. According to the industry distribution chart, Shin Yang Group Bhd ranks #281 out of 999 companies in the Transportation industry, placing it in the top 28.1%.
Is Shin Yang Group Bhd's ROC (Joel Greenblatt) % too high?
Shin Yang Group Bhd's current ROC (Joel Greenblatt) % of 16.36% is 480% above median its 10-year median of 2.82. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. Shin Yang Group Bhd's value of 16.36% is 39% above this industry median. Based on the distribution chart, Shin Yang Group Bhd ranks #281 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Shin Yang Group Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Shin Yang Group Bhd ranks #281 out of 999 companies for ROC (Joel Greenblatt) %. This puts Shin Yang Group Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.77. Shin Yang Group Bhd's value of 16.36% is 39% above this benchmark. While the company's 10-year median is 2.82 vs. the industry median of 11.77, Shin Yang Group 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 999 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. Shin Yang Group Bhd's current ROC (Joel Greenblatt) % of 16.36% is 39% 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 Shin Yang Group Bhd and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Yang Group Bhd's current ROC (Joel Greenblatt) % is 16.36%, which is 480% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.44, compared to a current price of RM0.76 — trading 47.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.36%, which is 480% above median its 10-year median of 2.82 and 39% above the Transportation industry median of 11.77. Shin Yang Group Bhd's overall GF Score™ is 68/100. 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 Shin Yang Group Bhd (XKLS:5173), the current ROC (Joel Greenblatt) % is 16.36% 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued. The current stock price of RM0.76 is trading 47.2% below its estimated GF Value™ of RM1.44. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

  • ROC (Joel Greenblatt) %: 16.36% (480% above median its 10-year median of 2.82)
  • GF Value™: RM1.44 vs. price of RM0.76 (47.2% below fair value)
  • GF Score™: 68/100
  • Industry Position: 39% above the Transportation median (#281 of 999)

No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Yang Group Bhd Business Description

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
68GF Score

Get the complete analysis for XKLS:5173

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

RM0.76
Price
RM1.44
GF Value