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NuEnergy Holdings BhdXKLS:5614 -1.61%59 ROC (Joel Greenblatt) % is 15.33% as of Mar. 2026, which is 414% above its 10-year median of 2.98. GuruFocus rates XKLS:5614 with a GF Score™ of 59/100 and a GF Value™ of RM3.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 439 Utilities - Independent Power Producers companies, NuEnergy Holdings Bhd ranks better than 66.06% 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. NuEnergy Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.33%.
The historical rank and industry rank for NuEnergy Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5614'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.08 Med: 2.98 Max: 11.21
Current: 11.21
During the past 13 years, NuEnergy Holdings Bhd's highest ROC (Joel Greenblatt) % was 11.21%. The lowest was -40.08%. And the median was 2.98%.
XKLS:5614's ROC (Joel Greenblatt) % is ranked better than 66.06% of 439
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.34
vs XKLS:5614: 11.21
NuEnergy Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
NuEnergy Holdings Bhd (XKLS:5614) 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.
NuEnergy Holdings Bhd ROC (Joel Greenblatt) % Related Terms
NuEnergy Holdings Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for NuEnergy Holdings 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.
NuEnergy Holdings Bhd ROC (Joel Greenblatt) % Chart
NuEnergy Holdings Bhd ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, NuEnergy Holdings 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.
NuEnergy Holdings Bhd ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NuEnergy Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NuEnergy Holdings Bhd's ROC (Joel Greenblatt) % falls into.
NuEnergy Holdings 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 15.33% mean?
NuEnergy Holdings Bhd (XKLS:5614) has a ROC (Joel Greenblatt) % of 15.33% 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 NuEnergy Holdings Bhd and its competitors. This is 414% above median its historical median of 2.98. According to the industry distribution chart, NuEnergy Holdings Bhd ranks #149 out of 439 companies in the Utilities - Independent Power Producers industry, placing it in the top 33.9%.
Is NuEnergy Holdings Bhd's ROC (Joel Greenblatt) % too high?
NuEnergy Holdings Bhd's current ROC (Joel Greenblatt) % of 15.33% is 414% above median its 10-year median of 2.98. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.34. NuEnergy Holdings Bhd's value of 15.33% is 141.8% above this industry median. Based on the distribution chart, NuEnergy Holdings Bhd ranks #149 out of 439 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, NuEnergy Holdings Bhd has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NuEnergy Holdings Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NuEnergy Holdings Bhd ranks #149 out of 439 companies for ROC (Joel Greenblatt) %. This puts NuEnergy Holdings Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 6.34. NuEnergy Holdings Bhd's value of 15.33% is 141.8% above this benchmark. While the company's 10-year median is 2.98 vs. the industry median of 6.34, NuEnergy Holdings 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.34, based on 439 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. NuEnergy Holdings Bhd's current ROC (Joel Greenblatt) % of 15.33% 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 NuEnergy Holdings Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuEnergy Holdings Bhd's current ROC (Joel Greenblatt) % is 15.33%, which is 414% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuEnergy Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NuEnergy Holdings Bhd (XKLS:5614) is currently considered Possible Value Trap. The stock's GF Value™ is RM3.36, compared to a current price of RM0.61 — trading 81.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.33%, which is 414% above median its 10-year median of 2.98 and 141.8% above the Utilities - Independent Power Producers industry median of 6.34. NuEnergy Holdings Bhd's overall GF Score™ is 59/100 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 NuEnergy Holdings Bhd (XKLS:5614), the current ROC (Joel Greenblatt) % is 15.33% 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 NuEnergy Holdings Bhd (XKLS:5614) Overvalued in 2026?
Based on GuruFocus' analysis, NuEnergy Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.61 is trading 81.8% below its estimated GF Value™ of RM3.36.
GuruFocus considers NuEnergy Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5614:
ROC (Joel Greenblatt) %: 15.33% (414% above median its 10-year median of 2.98)
GF Value™: RM3.36 vs. price of RM0.61 (81.8% below fair value)
Industry Position: 141.8% above the Utilities - Independent Power Producers median (#149 of 439)
No single metric tells the full story. See the XKLS:5614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NuEnergy Holdings Bhd is an investment holding firm. The company and its subsidiaries are engaged in operating solar power plants, procurement of solar photovoltaic (PV) modules, and investment holding. Its operating segment is solar energy and related businesses in Malaysia. The company generates revenue from the sale of electricity, the sale of solar photovoltaic modules, construction contracts, and the operation and maintenance of solar energy systems. The company generates all of its revenue from Malaysia.
59GF Score
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