Berjaya Food Bhd (XKLS:5196) ROC (Joel Greenblatt) %: -6.98% (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:5196 Berjaya Food Bhd XKLS:5196
31 GF Score
Price RM0.17
GF Value RM0.29
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Berjaya Food Bhd ROC (Joel Greenblatt) %?

Berjaya Food Bhd XKLS:5196 31 ROC (Joel Greenblatt) % is -6.98% as of Mar. 2026. GuruFocus rates XKLS:5196 with a GF Score™ of 31/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 362 Restaurants companies, Berjaya Food Bhd ranks worse than 91.99% 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. Berjaya Food Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.98%.

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

XKLS:5196' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43.88   Med: 18.48   Max: 193.63
Current: -43.88

During the past 13 years, Berjaya Food Bhd's highest ROC (Joel Greenblatt) % was 193.63%. The lowest was -43.88%. And the median was 18.48%.

XKLS:5196's ROC (Joel Greenblatt) % is ranked worse than
91.99% of 362 companies
in the Restaurants industry
Industry Median: 8.545 vs XKLS:5196: -43.88

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


Berjaya Food Bhd  (XKLS:5196) 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.


Berjaya Food Bhd ROC (Joel Greenblatt) % Related Terms


Berjaya Food Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Berjaya Food 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.

Berjaya Food Bhd ROC (Joel Greenblatt) % Chart

Berjaya Food Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.98 33.81 24.78 -7.17 -42.86

Berjaya Food 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 -17.41 -134.32 -6.58 -3.17 -6.98

XKLS:5196 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, Berjaya Food 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.


Berjaya Food Bhd ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Berjaya Food Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Berjaya Food Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:5196
31GF Score
Berjaya Food Bhd XKLS:5196
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berjaya Food 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)
=(37.034 + 49.107 + 26.247) - (281.39 + 0 + 75.547)
=-244.549

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.06 + 48.05 + 26.279) - (315.052 + 0 + 72.09)
=-278.753

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Berjaya Food 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 )
=-25.56/( ( (365.733 + max(-244.549, 0)) + (366.759 + max(-278.753, 0)) )/ 2 )
=-25.56/( ( 365.733 + 366.759 )/ 2 )
=-25.56/366.246
=-6.98 %

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 -6.98% mean?
Berjaya Food Bhd (XKLS:5196) has a ROC (Joel Greenblatt) % of -6.98% 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 Berjaya Food Bhd and its competitors. According to the industry distribution chart, Berjaya Food Bhd ranks #333 out of 362 companies in the Restaurants industry, placing it in the top 92%.
Is Berjaya Food Bhd's ROC (Joel Greenblatt) % too high?
Berjaya Food Bhd's current ROC (Joel Greenblatt) % is -6.98%. Based on the distribution chart, Berjaya Food Bhd ranks #333 out of 362 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Berjaya Food Bhd has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Berjaya Food Bhd's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Berjaya Food Bhd ranks #333 out of 362 companies for ROC (Joel Greenblatt) %. This places Berjaya Food Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.55. 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.55, based on 362 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 Berjaya Food Bhd and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berjaya Food Bhd's current ROC (Joel Greenblatt) % is -6.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berjaya Food Bhd stock overvalued right now?
Based on GuruFocus' analysis, Berjaya Food Bhd (XKLS:5196) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.17 — trading 41.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -6.98%. Berjaya Food Bhd's overall GF Score™ is 31/100 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 Berjaya Food Bhd (XKLS:5196), the current ROC (Joel Greenblatt) % is -6.98% 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 Berjaya Food Bhd (XKLS:5196) Overvalued in 2026?

Based on GuruFocus' analysis, Berjaya Food Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 41.4% below its estimated GF Value™ of RM0.29. GuruFocus considers Berjaya Food Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5196:

  • ROC (Joel Greenblatt) %: -6.98%
  • GF Value™: RM0.29 vs. price of RM0.17 (41.4% below fair value)
  • GF Score™: 31/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berjaya Food Bhd Business Description

Address No. 1, Jalan Imbi, Berjaya Times Square, Lot 13-01A, Level 13 (East Wing), Kuala Lumpur, SGR, MYS, 55100
Berjaya Food Bhd is an investment holding company. Along with its subsidiary companies is into the development and operation of restaurant and cafe chains and retail outlets, in Malaysia, other South-East Asian countries and Nordic countries, and investment holding. The company is engaged in the operation of brands like the Starbucks coffee chain of cafes and retail outlets, development and operation of the Kenny Rogers Roasters chain of restaurants featuring rotisserie-roasted chicken as a core product, Jollibean in Singapore, Paris Baguette in Malaysia and others. the company generates the majority of its revenue from the sale of food, beverages and merchandise in Malaysia.
31GF Score

Get the complete analysis for XKLS:5196

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

RM0.17
Price
RM0.29
GF Value