Wong Engineering Bhd (XKLS:7050) ROC (Joel Greenblatt) %: 5.08% (As of Apr. 2026) — 51% Below Median

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XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
31 GF Score
Price RM0.17
GF Value RM0.29
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Wong Engineering Bhd ROC (Joel Greenblatt) %?

Wong Engineering Bhd XKLS:7050 31 ROC (Joel Greenblatt) % is 5.08% as of Apr. 2026, which is 51% below its 10-year median of 10.40. GuruFocus rates XKLS:7050 with a GF Score™ of 31/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 3,060 Industrial Products companies, Wong Engineering Bhd ranks worse than 76.76% 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. Wong Engineering Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 5.08%.

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

XKLS:7050' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.66   Med: 10.4   Max: 24.4
Current: 0.01

During the past 13 years, Wong Engineering Bhd's highest ROC (Joel Greenblatt) % was 24.40%. The lowest was -16.66%. And the median was 10.40%.

XKLS:7050's ROC (Joel Greenblatt) % is ranked worse than
76.76% of 3060 companies
in the Industrial Products industry
Industry Median: 11.73 vs XKLS:7050: 0.01

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


Wong Engineering Bhd  (XKLS:7050) 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.


Wong Engineering Bhd ROC (Joel Greenblatt) % Related Terms


Wong Engineering Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Wong Engineering 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.

Wong Engineering Bhd ROC (Joel Greenblatt) % Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.40 10.13 -7.19 -16.66 -9.08

Wong Engineering 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 -30.88 3.31 3.49 -9.74 5.08

XKLS:7050 vs CRS, ATI, MLI: ROC (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, Wong Engineering 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.


Wong Engineering Bhd ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:7050
31GF Score
Wong Engineering Corp Bhd XKLS:7050
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wong Engineering 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)
=(10.401 + 8.646 + 0.322) - (10.299 + 0 + -0.099999999999998)
=9.17

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.725 + 11.17 + 0.165) - (12.016 + 0 + 0)
=11.044

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Wong Engineering 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 )
=3.588/( ( (61.071 + max(9.17, 0)) + (59.872 + max(11.044, 0)) )/ 2 )
=3.588/( ( 70.241 + 70.916 )/ 2 )
=3.588/70.5785
=5.08 %

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 5.08% mean?
Wong Engineering Bhd (XKLS:7050) has a ROC (Joel Greenblatt) % of 5.08% 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 Wong Engineering Bhd and its competitors. This is 51% below median its historical median of 10.40. According to the industry distribution chart, Wong Engineering Bhd ranks #2349 out of 3060 companies in the Industrial Products industry, placing it in the top 76.8%.
Is Wong Engineering Bhd's ROC (Joel Greenblatt) % too high?
Wong Engineering Bhd's current ROC (Joel Greenblatt) % of 5.08% is 51% below median its 10-year median of 10.40. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Wong Engineering Bhd's value of 5.08% is 56.7% below this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #2349 out of 3060 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Wong Engineering Bhd has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's ROC (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #2349 out of 3060 companies for ROC (Joel Greenblatt) %. This places Wong Engineering Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.73. Wong Engineering Bhd's value of 5.08% is 56.7% below this benchmark. While the company's 10-year median is 10.40 vs. the industry median of 11.73, Wong Engineering Bhd has consistently been below 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.73, based on 3,060 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. Wong Engineering Bhd's current ROC (Joel Greenblatt) % of 5.08% is 56.7% below 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 Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current ROC (Joel Greenblatt) % is 5.08%, which is 51% below median its own 10-year median of 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.17 — trading 41.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.08%, which is 51% below median its 10-year median of 10.40 and 56.7% below the Industrial Products industry median of 11.73. Wong Engineering Bhd's overall GF Score™ is 31/100 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 Wong Engineering Bhd (XKLS:7050), the current ROC (Joel Greenblatt) % is 5.08% 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 Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 41.4% below its estimated GF Value™ of RM0.29. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • ROC (Joel Greenblatt) %: 5.08% (51% below median its 10-year median of 10.40)
  • GF Value™: RM0.29 vs. price of RM0.17 (41.4% below fair value)
  • GF Score™: 31/100 with 3 warning signs
  • Industry Position: 56.7% below the Industrial Products median (#2349 of 3060)

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
31GF Score

Get the complete analysis for XKLS:7050

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

RM0.17
Price
RM0.29
GF Value