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Bumi Armada BhdXKLS:5210 -1.41%43 ROC (Joel Greenblatt) % is 13.46% as of Mar. 2026, which is 2% above its 10-year median of 13.21. GuruFocus rates XKLS:5210 with a GF Score™ of 43/100 and a GF Value™ of RM0.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 998 Oil & Gas companies, Bumi Armada Bhd ranks better than 73.05% 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. Bumi Armada Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.46%.
The historical rank and industry rank for Bumi Armada Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5210'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.26 Med: 13.21 Max: 29.21
Current: 18.47
During the past 13 years, Bumi Armada Bhd's highest ROC (Joel Greenblatt) % was 29.21%. The lowest was -22.26%. And the median was 13.21%.
XKLS:5210's ROC (Joel Greenblatt) % is ranked better than 73.05% of 998
companies
in the Oil & Gas industry
Industry Median: 8.56
vs XKLS:5210: 18.47
Bumi Armada Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.80% per year.
Bumi Armada Bhd (XKLS:5210) 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.
Bumi Armada Bhd ROC (Joel Greenblatt) % Related Terms
Bumi Armada Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Bumi Armada 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:5210 vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Bumi Armada 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.
Bumi Armada Bhd ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bumi Armada Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bumi Armada Bhd's ROC (Joel Greenblatt) % falls into.
Bumi Armada 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 (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 13.46% mean?
Bumi Armada Bhd (XKLS:5210) has a ROC (Joel Greenblatt) % of 13.46% 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 Bumi Armada Bhd and its competitors. This is near median its historical median of 13.21. According to the industry distribution chart, Bumi Armada Bhd ranks #269 out of 998 companies in the Oil & Gas industry, placing it in the top 27%.
Is Bumi Armada Bhd's ROC (Joel Greenblatt) % too high?
Bumi Armada Bhd's current ROC (Joel Greenblatt) % of 13.46% is near median its 10-year median of 13.21. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.56. Bumi Armada Bhd's value of 13.46% is 57.2% above this industry median. Based on the distribution chart, Bumi Armada Bhd ranks #269 out of 998 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Bumi Armada Bhd has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bumi Armada Bhd's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Bumi Armada Bhd ranks #269 out of 998 companies for ROC (Joel Greenblatt) %. This puts Bumi Armada Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.56. Bumi Armada Bhd's value of 13.46% is 57.2% above this benchmark. While the company's 10-year median is 13.21 vs. the industry median of 8.56, Bumi Armada 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.56, based on 998 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. Bumi Armada Bhd's current ROC (Joel Greenblatt) % of 13.46% is 57.2% 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 Bumi Armada Bhd and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bumi Armada Bhd's current ROC (Joel Greenblatt) % is 13.46%, which is near median its own 10-year median of 13.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bumi Armada Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bumi Armada Bhd (XKLS:5210) is currently considered Fairly Valued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.35 — trading 6.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.46%, which is near median its 10-year median of 13.21 and 57.2% above the Oil & Gas industry median of 8.56. Bumi Armada Bhd's overall GF Score™ is 43/100 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 Bumi Armada Bhd (XKLS:5210), the current ROC (Joel Greenblatt) % is 13.46% 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 Bumi Armada Bhd (XKLS:5210) Overvalued in 2026?
Based on GuruFocus' analysis, Bumi Armada Bhd stock appears to be overvalued.
The current stock price of RM0.35 is trading 6.1% above its estimated GF Value™ of RM0.33.
GuruFocus considers Bumi Armada Bhd to be Fairly Valued.
Key valuation signals for XKLS:5210:
ROC (Joel Greenblatt) %: 13.46% (near median its 10-year median of 13.21)
GF Value™: RM0.33 vs. price of RM0.35 (6.1% above fair value)
Industry Position: 57.2% above the Oil & Gas median (#269 of 998)
No single metric tells the full story. See the XKLS:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bumi Armada Bhd is an investment holding company and provision of management services. Along with its subsidiaries, it is engaged in Floating Production Storage and Offloading (FPSO) operations, as well as providing engineering and maintenance services to offshore oil and gas companies. Its reportable segments are Operations and Others. The majority of the company's revenue is generated from the Operations segment, which includes the provision of FPSO vessels, Floating Gas Solutions units, Subsea Construction (SC) assets, and marine-related services. Geographically, the company generates maximum revenue from Africa, followed by Europe, Asia (excluding Malaysia), and Malaysia.
43GF Score
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