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Velesto Energy BhdXKLS:5243 -3.85%59 ROC (Joel Greenblatt) % is 6.84% as of Mar. 2026, which is 2874% above its 10-year median of 0.23. GuruFocus rates XKLS:5243 with a GF Score™ of 59/100 and a GF Value™ of RM0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 998 Oil & Gas companies, Velesto Energy Bhd ranks better than 51.6% 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. Velesto Energy Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.84%.
The historical rank and industry rank for Velesto Energy Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5243'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.94 Med: 0.23 Max: 12.42
Current: 9.08
During the past 13 years, Velesto Energy Bhd's highest ROC (Joel Greenblatt) % was 12.42%. The lowest was -20.94%. And the median was 0.23%.
XKLS:5243's ROC (Joel Greenblatt) % is ranked better than 51.6% of 998
companies
in the Oil & Gas industry
Industry Median: 8.505
vs XKLS:5243: 9.08
Velesto Energy Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Velesto Energy Bhd (XKLS:5243) 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.
Velesto Energy Bhd ROC (Joel Greenblatt) % Related Terms
Velesto Energy Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Velesto Energy 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:5243 vs NE, RIG, VAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Drilling subindustry, Velesto Energy 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.
Velesto Energy Bhd ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Velesto Energy Bhd's ROC (Joel Greenblatt) % falls into.
Velesto Energy 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 6.84% mean?
Velesto Energy Bhd (XKLS:5243) has a ROC (Joel Greenblatt) % of 6.84% 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 Velesto Energy Bhd and its competitors. This is 2874% above median its historical median of 0.23. According to the industry distribution chart, Velesto Energy Bhd ranks #483 out of 998 companies in the Oil & Gas industry, placing it in the top 48.4%.
Is Velesto Energy Bhd's ROC (Joel Greenblatt) % too high?
Velesto Energy Bhd's current ROC (Joel Greenblatt) % of 6.84% is 2874% above median its 10-year median of 0.23. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.51. Velesto Energy Bhd's value of 6.84% is 19.6% below this industry median. Based on the distribution chart, Velesto Energy Bhd ranks #483 out of 998 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Velesto Energy Bhd has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velesto Energy Bhd's ROC (Joel Greenblatt) % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Velesto Energy Bhd ranks #483 out of 998 companies for ROC (Joel Greenblatt) %. This puts Velesto Energy Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.51. Velesto Energy Bhd's value of 6.84% is 19.6% below this benchmark. While the company's 10-year median is 0.23 vs. the industry median of 8.51, Velesto Energy Bhd has consistently been below 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 8.51, 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. Velesto Energy Bhd's current ROC (Joel Greenblatt) % of 6.84% is 19.6% below 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 Velesto Energy Bhd and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velesto Energy Bhd's current ROC (Joel Greenblatt) % is 6.84%, which is 2874% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velesto Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Velesto Energy Bhd (XKLS:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.25 — trading 38.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.84%, which is 2874% above median its 10-year median of 0.23 and 19.6% below the Oil & Gas industry median of 8.51. Velesto Energy Bhd's overall GF Score™ is 59/100 with 3 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 Velesto Energy Bhd (XKLS:5243), the current ROC (Joel Greenblatt) % is 6.84% 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 Velesto Energy Bhd (XKLS:5243) Overvalued in 2026?
Based on GuruFocus' analysis, Velesto Energy Bhd stock appears to be overvalued.
The current stock price of RM0.25 is trading 38.9% above its estimated GF Value™ of RM0.18.
GuruFocus considers Velesto Energy Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5243:
ROC (Joel Greenblatt) %: 6.84% (2874% above median its 10-year median of 0.23)
GF Value™: RM0.18 vs. price of RM0.25 (38.9% above fair value)
Industry Position: 19.6% below the Oil & Gas median (#483 of 998)
No single metric tells the full story. See the XKLS:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company operates under two segments, namely drilling services and others. The company has a geographical presence in Malaysia and other countries.
59GF Score
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