TMK Chemical Bhd (XKLS:5330) ROC (Joel Greenblatt) %: 22.87% (As of Mar. 2026) — Near Median

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XKLS:5330 TMK Chemical Bhd XKLS:5330
18 GF Score
Price RM2.31
! 3 Warning Signs
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What is TMK Chemical Bhd ROC (Joel Greenblatt) %?

TMK Chemical Bhd XKLS:5330 -3.75% 18 ROC (Joel Greenblatt) % is 22.87% as of Mar. 2026, which is 9% below its 10-year median of 25.20. GuruFocus rates XKLS:5330 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,605 Chemicals companies, TMK Chemical Bhd ranks better than 76.14% 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. TMK Chemical Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.87%.

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

XKLS:5330' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.42   Med: 25.2   Max: 40.95
Current: 20.42

During the past 5 years, TMK Chemical Bhd's highest ROC (Joel Greenblatt) % was 40.95%. The lowest was 20.42%. And the median was 25.20%.

XKLS:5330's ROC (Joel Greenblatt) % is ranked better than
76.14% of 1605 companies
in the Chemicals industry
Industry Median: 9.46 vs XKLS:5330: 20.42

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


TMK Chemical Bhd  (XKLS:5330) 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.


TMK Chemical Bhd ROC (Joel Greenblatt) % Related Terms


TMK Chemical Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TMK Chemical 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.

TMK Chemical Bhd ROC (Joel Greenblatt) % Chart

TMK Chemical Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
39.72 40.95 22.16 25.20 21.21

TMK Chemical Bhd Quarterly Data
Dec21 Dec22 Dec23 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 18.51 16.81 20.19 23.05 22.87

XKLS:5330 vs DOW: ROC (Joel Greenblatt) % Comparison

For the Chemicals subindustry, TMK Chemical 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.


TMK Chemical Bhd ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TMK Chemical Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:5330
18GF Score
TMK Chemical Bhd XKLS:5330
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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TMK Chemical 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)
=(198.009 + 110.35 + 14.028) - (126.953 + 0 + 96.604)
=98.83

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(241.641 + 112.126 + 6.7639999999999) - (159.937 + 0 + 30.318)
=170.276

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of TMK Chemical 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 )
=153.16/( ( (510.098 + max(98.83, 0)) + (560.076 + max(170.276, 0)) )/ 2 )
=153.16/( ( 608.928 + 730.352 )/ 2 )
=153.16/669.64
=22.87 %

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 22.87% mean?
TMK Chemical Bhd (XKLS:5330) has a ROC (Joel Greenblatt) % of 22.87% 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 TMK Chemical Bhd and its competitors. This is near median its historical median of 25.20. Over the past decade, TMK Chemical Bhd's ROC (Joel Greenblatt) % has ranged from 20.42 to 40.95. According to the industry distribution chart, TMK Chemical Bhd ranks #383 out of 1605 companies in the Chemicals industry, placing it in the top 23.9%.
Is TMK Chemical Bhd's ROC (Joel Greenblatt) % too high?
TMK Chemical Bhd's current ROC (Joel Greenblatt) % of 22.87% is near median its 10-year median of 25.20. Over the past 10 years, this metric has ranged from a low of 20.42 to a high of 40.95. The Chemicals industry median ROC (Joel Greenblatt) % is 9.46. TMK Chemical Bhd's value of 22.87% is 141.8% above this industry median. Based on the distribution chart, TMK Chemical Bhd ranks #383 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, TMK Chemical Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does TMK Chemical Bhd's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, TMK Chemical Bhd ranks #383 out of 1605 companies for ROC (Joel Greenblatt) %. This places TMK Chemical Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.46. TMK Chemical Bhd's value of 22.87% is 141.8% above this benchmark. Historically, TMK Chemical Bhd's own ROC (Joel Greenblatt) % has ranged from 20.42 to 40.95 over the past decade. While the company's 10-year median is 25.20 vs. the industry median of 9.46, TMK Chemical 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.46, based on 1,605 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. TMK Chemical Bhd's current ROC (Joel Greenblatt) % of 22.87% is 141.8% 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 TMK Chemical Bhd and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMK Chemical Bhd's current ROC (Joel Greenblatt) % is 22.87%, which is near median its own 10-year median of 25.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK Chemical Bhd stock overvalued right now?
TMK Chemical Bhd (XKLS:5330) has a current ROC (Joel Greenblatt) % of 22.87%. The current ROC (Joel Greenblatt) % is 22.87%, which is near median its 10-year median of 25.20 and 141.8% above the Chemicals industry median of 9.46. TMK Chemical Bhd's overall GF Score™ is 18/100 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 TMK Chemical Bhd (XKLS:5330), the current ROC (Joel Greenblatt) % is 22.87% 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.

TMK Chemical Bhd Business Description

Address Jalan PJU 1A/2, Blok B2, No. 2, B2-6-01, Meritus at Oasis Corporate Park, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
TMK Chemical Bhd provides a range of chemical manufacturing, chemical distribution, storage, and logistics services to satisfy the industrial needs of businesses for various markets. The company operates in the following divisions: Provision of total chemical management, Provision of chemical terminal services, and Others. The majority of its revenue is generated from the Provision of total chemical management business, which provides sourcing, processing, distribution, and manufacturing services for inorganic chemicals and value-added services, including chemical processing services, and the provision of handling and storage services. Geographically, the Group generates maximum revenue from Malaysia, and the rest from Singapore, Vietnam, Indonesia, Brunei, and other regions.
18GF Score

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

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