Apollo Food Holdings Bhd (XKLS:6432) ROC (Joel Greenblatt) %: 27.61% (As of Apr. 2026) — 103% Above Median

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XKLS:6432 Apollo Food Holdings Bhd XKLS:6432
85 GF Score
Price RM5.83
GF Value RM6.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Apollo Food Holdings Bhd ROC (Joel Greenblatt) %?

Apollo Food Holdings Bhd XKLS:6432 +1.75% 85 ROC (Joel Greenblatt) % is 27.61% as of Apr. 2026, which is 103% above its 10-year median of 13.63. GuruFocus rates XKLS:6432 with a GF Score™ of 85/100 and a GF Value™ of RM6.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,982 Consumer Packaged Goods companies, Apollo Food Holdings Bhd ranks better than 76.94% 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. Apollo Food Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 27.61%.

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

XKLS:6432' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.98   Med: 13.63   Max: 45.15
Current: 26.8

During the past 13 years, Apollo Food Holdings Bhd's highest ROC (Joel Greenblatt) % was 45.15%. The lowest was 6.98%. And the median was 13.63%.

XKLS:6432's ROC (Joel Greenblatt) % is ranked better than
76.94% of 1982 companies
in the Consumer Packaged Goods industry
Industry Median: 11.985 vs XKLS:6432: 26.80

Apollo Food Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 28.70% per year.


Apollo Food Holdings Bhd  (XKLS:6432) 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.


Apollo Food Holdings Bhd ROC (Joel Greenblatt) % Related Terms


Apollo Food Holdings Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Apollo Food 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.

Apollo Food Holdings Bhd ROC (Joel Greenblatt) % Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 28.37 33.99 45.15 26.94

Apollo Food Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Premium Member Only Premium Member Only Premium Member Only 41.07 24.41 23.44 30.60 27.61

XKLS:6432 vs MDLZ, HSY, TR: ROC (Joel Greenblatt) % Comparison

For the Confectioners subindustry, Apollo Food 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.


Apollo Food Holdings Bhd ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apollo Food Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:6432
85GF Score
Apollo Food Holdings Bhd XKLS:6432
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Food 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:

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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.447 + 22.596 + 0.049999999999983) - (31.235 + 0 + 0)
=46.858

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.603 + 20.948 + 0.046999999999997) - (34.91 + 0 + 0)
=38.688

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Apollo Food Holdings Bhd for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.388/( ( (124.027 + max(46.858, 0)) + (148.22 + max(38.688, 0)) )/ 2 )
=49.388/( ( 170.885 + 186.908 )/ 2 )
=49.388/178.8965
=27.61 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 27.61% mean?
Apollo Food Holdings Bhd (XKLS:6432) has a ROC (Joel Greenblatt) % of 27.61% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Apollo Food Holdings Bhd and its competitors. This is 103% above median its historical median of 13.63. Over the past decade, Apollo Food Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 6.98 to 45.15. According to the industry distribution chart, Apollo Food Holdings Bhd ranks #457 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 23.1%.
Is Apollo Food Holdings Bhd's ROC (Joel Greenblatt) % too high?
Apollo Food Holdings Bhd's current ROC (Joel Greenblatt) % of 27.61% is 103% above median its 10-year median of 13.63. Over the past 10 years, this metric has ranged from a low of 6.98 to a high of 45.15. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Apollo Food Holdings Bhd's value of 27.61% is 130.4% above this industry median. Based on the distribution chart, Apollo Food Holdings Bhd ranks #457 out of 1982 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Apollo Food Holdings Bhd has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Food Holdings Bhd's ROC (Joel Greenblatt) % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Apollo Food Holdings Bhd ranks #457 out of 1982 companies for ROC (Joel Greenblatt) %. This places Apollo Food Holdings Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Apollo Food Holdings Bhd's value of 27.61% is 130.4% above this benchmark. Historically, Apollo Food Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 6.98 to 45.15 over the past decade. While the company's 10-year median is 13.63 vs. the industry median of 11.99, Apollo Food 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 a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,982 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. Apollo Food Holdings Bhd's current ROC (Joel Greenblatt) % of 27.61% is 130.4% 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 Apollo Food Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Food Holdings Bhd's current ROC (Joel Greenblatt) % is 27.61%, which is 103% above median its own 10-year median of 13.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Food Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd (XKLS:6432) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.88, compared to a current price of RM5.83 — trading 15.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.61%, which is 103% above median its 10-year median of 13.63 and 130.4% above the Consumer Packaged Goods industry median of 11.99. Apollo Food Holdings Bhd's overall GF Score™ is 85/100 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 Apollo Food Holdings Bhd (XKLS:6432), the current ROC (Joel Greenblatt) % is 27.61% as of Apr. 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 Apollo Food Holdings Bhd (XKLS:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Food Holdings Bhd stock appears to be undervalued. The current stock price of RM5.83 is trading 15.3% below its estimated GF Value™ of RM6.88. GuruFocus considers Apollo Food Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6432:

  • ROC (Joel Greenblatt) %: 27.61% (103% above median its 10-year median of 13.63)
  • GF Value™: RM6.88 vs. price of RM5.83 (15.3% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 130.4% above the Consumer Packaged Goods median (#457 of 1982)

No single metric tells the full story. See the XKLS:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Food Holdings Bhd Business Description

Address No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and the provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution of compound chocolates, chocolate confectionery products, and cakes. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in ASEAN (excluding Malaysia).
85GF Score

Get the complete analysis for XKLS:6432

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

RM5.83
Price
RM6.88
GF Value