SkyeChip Bhd (XKLS:5357) ROC (Joel Greenblatt) %: 80.94% (As of Mar. 2025) — 72% Below Median

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XKLS:5357 SkyeChip Bhd XKLS:5357
22 GF Score
Price RM3.25
! 2 Warning Signs
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What is SkyeChip Bhd ROC (Joel Greenblatt) %?

SkyeChip Bhd XKLS:5357 +7.62% 22 ROC (Joel Greenblatt) % is 80.94% as of Mar. 2025, which is 72% below its 10-year median of 293.89. GuruFocus rates XKLS:5357 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, SkyeChip Bhd ranks better than 90.86% 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. SkyeChip Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 80.94%.

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

XKLS:5357' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 80.94   Med: 293.89   Max: 464.63
Current: 80.94

During the past 3 years, SkyeChip Bhd's highest ROC (Joel Greenblatt) % was 464.63%. The lowest was 80.94%. And the median was 293.89%.

XKLS:5357's ROC (Joel Greenblatt) % is ranked better than
90.86% of 1028 companies
in the Semiconductors industry
Industry Median: 8.64 vs XKLS:5357: 80.94

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


SkyeChip Bhd  (XKLS:5357) 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.


SkyeChip Bhd ROC (Joel Greenblatt) % Related Terms


SkyeChip Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SkyeChip 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.

SkyeChip Bhd ROC (Joel Greenblatt) % Chart

SkyeChip Bhd Annual Data
Trend Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
464.63 293.89 80.94

SkyeChip Bhd Semi-Annual Data
Mar23 Mar24 Mar25
ROC (Joel Greenblatt) % 464.63 293.89 80.94

XKLS:5357 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, SkyeChip 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.


SkyeChip Bhd ROC (Joel Greenblatt) % vs Semiconductors Industry

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

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


XKLS:5357
22GF Score
SkyeChip Bhd XKLS:5357
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SkyeChip 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.045 + 0 + 3.829) - (12.559 + 0 + 4.93)
=0.38500000000001

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.61 + 0 + 8.622) - (0.728 + 0 + 2.082)
=32.422

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SkyeChip Bhd for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.199/( ( (17.121 + max(0.38500000000001, 0)) + (41.991 + max(32.422, 0)) )/ 2 )
=37.199/( ( 17.506 + 74.413 )/ 2 )
=37.199/45.9595
=80.94 %

Note: The EBIT data used here is one times the annual (Mar. 2025) 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 80.94% mean?
SkyeChip Bhd (XKLS:5357) has a ROC (Joel Greenblatt) % of 80.94% as of Mar. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SkyeChip Bhd and its competitors. This is 72% below median its historical median of 293.89. Over the past decade, SkyeChip Bhd's ROC (Joel Greenblatt) % has ranged from 80.94 to 464.63. According to the industry distribution chart, SkyeChip Bhd ranks #94 out of 1028 companies in the Semiconductors industry, placing it in the top 9.1%.
Is SkyeChip Bhd's ROC (Joel Greenblatt) % too high?
SkyeChip Bhd's current ROC (Joel Greenblatt) % of 80.94% is 72% below median its 10-year median of 293.89. Over the past 10 years, this metric has ranged from a low of 80.94 to a high of 464.63. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.64. SkyeChip Bhd's value of 80.94% is 836.8% above this industry median. Based on the distribution chart, SkyeChip Bhd ranks #94 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SkyeChip Bhd has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SkyeChip Bhd's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SkyeChip Bhd ranks #94 out of 1028 companies for ROC (Joel Greenblatt) %. This places SkyeChip Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.64. SkyeChip Bhd's value of 80.94% is 836.8% above this benchmark. Historically, SkyeChip Bhd's own ROC (Joel Greenblatt) % has ranged from 80.94 to 464.63 over the past decade. While the company's 10-year median is 293.89 vs. the industry median of 8.64, SkyeChip 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.64, based on 1,028 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. SkyeChip Bhd's current ROC (Joel Greenblatt) % of 80.94% is 836.8% 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 SkyeChip Bhd and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyeChip Bhd's current ROC (Joel Greenblatt) % is 80.94%, which is 72% below median its own 10-year median of 293.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyeChip Bhd stock overvalued right now?
SkyeChip Bhd (XKLS:5357) has a current ROC (Joel Greenblatt) % of 80.94%. The current ROC (Joel Greenblatt) % is 80.94%, which is 72% below median its 10-year median of 293.89 and 836.8% above the Semiconductors industry median of 8.64. SkyeChip Bhd's overall GF Score™ is 22/100 with 2 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 SkyeChip Bhd (XKLS:5357), the current ROC (Joel Greenblatt) % is 80.94% as of Mar. 2025. 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.

SkyeChip Bhd Business Description

Address 1-18-12 Suntech, Penang Cybercity, Lintang Mayang Pasir 3, Bayan Baru, PNG, MYS, 11950
SkyeChip Bhd is principally involved in IC design specialising in silicon IPs and silicon products including custom ASIC. It provides licensable silicon IPs to the customers to integrate into their IC products. The company also designs and develops custom ASIC products tailored to meet specific customer requirements, delivering semiconductor chips that are optimised for a specific application rather than for general-purpose use. The company has only one reportable business segment which relates principally to the provision of semiconductor intellectual property, integrated circuit manufacturing, software design and development and engineering consultation. Its geographical segments include Malaysia and Singapore, with the majority of revenue generated from Malaysia.
22GF Score

Get the complete analysis for XKLS:5357

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

RM3.25
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