CPE Technology Bhd (XKLS:5317) ROC (Joel Greenblatt) %: 29.10% (As of Jun. 2026) — 23% Above Median

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:5317 CPE Technology Bhd XKLS:5317
45 GF Score
Price RM1.15
GF Value RM0.91
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is CPE Technology Bhd ROC (Joel Greenblatt) %?

CPE Technology Bhd XKLS:5317 45 ROC (Joel Greenblatt) % is 29.10% as of Jun. 2026, which is 23% above its 10-year median of 23.71. GuruFocus rates XKLS:5317 with a GF Score™ of 45/100 and a GF Value™ of RM0.91 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,489 Hardware companies, CPE Technology Bhd ranks better than 60.18% 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. CPE Technology Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 29.10%.

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

XKLS:5317' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.14   Med: 23.71   Max: 54.58
Current: 17.61

During the past 8 years, CPE Technology Bhd's highest ROC (Joel Greenblatt) % was 54.58%. The lowest was 13.14%. And the median was 23.71%.

XKLS:5317's ROC (Joel Greenblatt) % is ranked better than
60.18% of 2489 companies
in the Hardware industry
Industry Median: 11.62 vs XKLS:5317: 17.61

CPE Technology Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.40% per year.


CPE Technology Bhd  (XKLS:5317) 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.


CPE Technology Bhd ROC (Joel Greenblatt) % Related Terms


CPE Technology Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CPE Technology 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.

CPE Technology Bhd ROC (Joel Greenblatt) % Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 54.58 35.05 13.14 25.98 17.67

CPE Technology Bhd Quarterly Data
Jun19 Jun20 Jun21 Jun22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.64 12.41 7.68 20.62 29.10

XKLS:5317 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, CPE Technology 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.


CPE Technology Bhd ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:5317
45GF Score
CPE Technology Bhd XKLS:5317
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CPE Technology 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.62 + 46.131 + 3.422) - (9.693 + 0 + 3.094)
=59.386

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.833 + 45.828 + 1.633) - (14.742 + 0 + 1.628)
=61.924

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CPE Technology Bhd for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=39.128/( ( (73.188 + max(59.386, 0)) + (74.428 + max(61.924, 0)) )/ 2 )
=39.128/( ( 132.574 + 136.352 )/ 2 )
=39.128/134.463
=29.10 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 29.10% mean?
CPE Technology Bhd (XKLS:5317) has a ROC (Joel Greenblatt) % of 29.10% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CPE Technology Bhd and its competitors. This is 23% above median its historical median of 23.71. Over the past decade, CPE Technology Bhd's ROC (Joel Greenblatt) % has ranged from 13.14 to 54.58. According to the industry distribution chart, CPE Technology Bhd ranks #991 out of 2489 companies in the Hardware industry, placing it in the top 39.8%.
Is CPE Technology Bhd's ROC (Joel Greenblatt) % too high?
CPE Technology Bhd's current ROC (Joel Greenblatt) % of 29.10% is 23% above median its 10-year median of 23.71. Over the past 10 years, this metric has ranged from a low of 13.14 to a high of 54.58. The Hardware industry median ROC (Joel Greenblatt) % is 11.62. CPE Technology Bhd's value of 29.10% is 150.4% above this industry median. Based on the distribution chart, CPE Technology Bhd ranks #991 out of 2489 companies in the Hardware industry, which is above the industry midpoint. Overall, CPE Technology Bhd has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPE Technology Bhd's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, CPE Technology Bhd ranks #991 out of 2489 companies for ROC (Joel Greenblatt) %. This puts CPE Technology Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.62. CPE Technology Bhd's value of 29.10% is 150.4% above this benchmark. Historically, CPE Technology Bhd's own ROC (Joel Greenblatt) % has ranged from 13.14 to 54.58 over the past decade. While the company's 10-year median is 23.71 vs. the industry median of 11.62, CPE Technology 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 11.62, based on 2,489 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. CPE Technology Bhd's current ROC (Joel Greenblatt) % of 29.10% is 150.4% 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 CPE Technology Bhd and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPE Technology Bhd's current ROC (Joel Greenblatt) % is 29.10%, which is 23% above median its own 10-year median of 23.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CPE Technology Bhd (XKLS:5317) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.91, compared to a current price of RM1.15 — trading 26.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.10%, which is 23% above median its 10-year median of 23.71 and 150.4% above the Hardware industry median of 11.62. CPE Technology Bhd's overall GF Score™ is 45/100 with 9 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 CPE Technology Bhd (XKLS:5317), the current ROC (Joel Greenblatt) % is 29.10% as of Jun. 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 CPE Technology Bhd (XKLS:5317) Overvalued in 2026?

Based on GuruFocus' analysis, CPE Technology Bhd stock appears to be overvalued. The current stock price of RM1.15 is trading 26.4% above its estimated GF Value™ of RM0.91. GuruFocus considers CPE Technology Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5317:

  • ROC (Joel Greenblatt) %: 29.10% (23% above median its 10-year median of 23.71)
  • GF Value™: RM0.91 vs. price of RM1.15 (26.4% above fair value)
  • GF Score™: 45/100 with 9 warning signs
  • Industry Position: 150.4% above the Hardware median (#991 of 2489)

No single metric tells the full story. See the XKLS:5317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPE Technology Bhd Business Description

Address No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
CPE Technology Bhd is an investment holding company that focuses on manufacturing precision-machined parts and components through its subsidiaries. The company is involved in precision machining and mechanical sub-assembly, including CNC turning and milling, turn-mill, and finishing processes. It also engages in trading precision machine parts and components. The company uses computer numerically controlled machinery integrated with CAD/CAM software to manufacture parts and assemblies used in sectors such as consumer electronics and semiconductors, automotive components, health and science, among others. Geographically, the company generates the majority of its revenue from the United States, with the rest coming from Singapore, Malaysia, Italy, Japan, Thailand, and other regions.
45GF Score

Get the complete analysis for XKLS:5317

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

RM1.15
Price
RM0.91
GF Value