Aeon Co (M) Bhd (XKLS:6599) ROC (Joel Greenblatt) %: 14.65% (As of Mar. 2026) — 111% Above Median

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XKLS:6599 Aeon Co (M) Bhd XKLS:6599
73 GF Score
Price RM1.08
GF Value RM1.31
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Aeon Co (M) Bhd ROC (Joel Greenblatt) %?

Aeon Co (M) Bhd XKLS:6599 +1.89% 73 ROC (Joel Greenblatt) % is 14.65% as of Mar. 2026, which is 111% above its 10-year median of 6.93. GuruFocus rates XKLS:6599 with a GF Score™ of 73/100 and a GF Value™ of RM1.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Aeon Co (M) Bhd ranks worse than 58.67% 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. Aeon Co (M) Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.65%.

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

XKLS:6599' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.78   Med: 6.93   Max: 7.93
Current: 7.93

During the past 13 years, Aeon Co (M) Bhd's highest ROC (Joel Greenblatt) % was 7.93%. The lowest was 4.78%. And the median was 6.93%.

XKLS:6599's ROC (Joel Greenblatt) % is ranked worse than
58.67% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 11.57 vs XKLS:6599: 7.93

Aeon Co (M) Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.40% per year.


Aeon Co (M) Bhd  (XKLS:6599) 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.


Aeon Co (M) Bhd ROC (Joel Greenblatt) % Related Terms


Aeon Co (M) Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aeon Co (M) 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.

Aeon Co (M) Bhd ROC (Joel Greenblatt) % Chart

Aeon Co (M) Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 7.38 7.14 7.12 7.13

Aeon Co (M) Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 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 12.93 4.25 4.32 8.16 14.65

XKLS:6599 vs DDS, M: ROC (Joel Greenblatt) % Comparison

For the Department Stores subindustry, Aeon Co (M) 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.


Aeon Co (M) Bhd ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aeon Co (M) Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:6599
73GF Score
Aeon Co (M) Bhd XKLS:6599
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeon Co (M) 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)
=(41.831 + 658.606 + 6.902) - (1216.548 + 0 + 86.883)
=-596.092

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.1 + 650.3 + 0) - (1356 + 0 + 85.6)
=-716.2

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aeon Co (M) 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 )
=640.4/( ( (4412.53 + max(-596.092, 0)) + (4328.5 + max(-716.2, 0)) )/ 2 )
=640.4/( ( 4412.53 + 4328.5 )/ 2 )
=640.4/4370.515
=14.65 %

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 14.65% mean?
Aeon Co (M) Bhd (XKLS:6599) has a ROC (Joel Greenblatt) % of 14.65% 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 Aeon Co (M) Bhd and its competitors. This is 111% above median its historical median of 6.93. Over the past decade, Aeon Co (M) Bhd's ROC (Joel Greenblatt) % has ranged from 4.78 to 7.93. According to the industry distribution chart, Aeon Co (M) Bhd ranks #660 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 58.7%.
Is Aeon Co (M) Bhd's ROC (Joel Greenblatt) % too high?
Aeon Co (M) Bhd's current ROC (Joel Greenblatt) % of 14.65% is 111% above median its 10-year median of 6.93. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 7.93. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. Aeon Co (M) Bhd's value of 14.65% is 26.6% above this industry median. Based on the distribution chart, Aeon Co (M) Bhd ranks #660 out of 1125 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Aeon Co (M) Bhd has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aeon Co (M) Bhd's ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Aeon Co (M) Bhd ranks #660 out of 1125 companies for ROC (Joel Greenblatt) %. This places Aeon Co (M) Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.57. Aeon Co (M) Bhd's value of 14.65% is 26.6% above this benchmark. Historically, Aeon Co (M) Bhd's own ROC (Joel Greenblatt) % has ranged from 4.78 to 7.93 over the past decade. While the company's 10-year median is 6.93 vs. the industry median of 11.57, Aeon Co (M) 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.57, based on 1,125 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. Aeon Co (M) Bhd's current ROC (Joel Greenblatt) % of 14.65% is 26.6% 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 Aeon Co (M) Bhd and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeon Co (M) Bhd's current ROC (Joel Greenblatt) % is 14.65%, which is 111% above median its own 10-year median of 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeon Co (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aeon Co (M) Bhd (XKLS:6599) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.31, compared to a current price of RM1.08 — trading 17.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.65%, which is 111% above median its 10-year median of 6.93 and 26.6% above the Retail - Cyclical industry median of 11.57. Aeon Co (M) Bhd's overall GF Score™ is 73/100 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 Aeon Co (M) Bhd (XKLS:6599), the current ROC (Joel Greenblatt) % is 14.65% 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 Aeon Co (M) Bhd (XKLS:6599) Overvalued in 2026?

Based on GuruFocus' analysis, Aeon Co (M) Bhd stock appears to be undervalued. The current stock price of RM1.08 is trading 17.6% below its estimated GF Value™ of RM1.31. GuruFocus considers Aeon Co (M) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6599:

  • ROC (Joel Greenblatt) %: 14.65% (111% above median its 10-year median of 6.93)
  • GF Value™: RM1.31 vs. price of RM1.08 (17.6% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 26.6% above the Retail - Cyclical median (#660 of 1125)

No single metric tells the full story. See the XKLS:6599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aeon Co (M) Bhd Business Description

Address Jalan Jejaka, 3rd Floor, AEON Taman Maluri Shopping Centre, Cheras, Kuala Lumpur, MYS, 55100
Aeon Co (M) Bhd is principally engaged in the operations of a chain of departmental stores and supermarkets selling a broad range of goods ranging from clothing, food, household goods, other merchandise and shopping centre operation. The two main reportable segments are: i) Retailing: The operations of a chain of departmental stores and supermarkets selling a broad range of goods ranging from clothing, food, household goods and other merchandise, ii) Property management services: Shopping mall operation. The majority of the company's revenue is derived from the Retailing segment. Geographically, the company is predominantly operating in Malaysia.
73GF Score

Get the complete analysis for XKLS:6599

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

RM1.08
Price
RM1.31
GF Value