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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. P I E Industrial Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.38%.
The historical rank and industry rank for P I E Industrial Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:7095'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.99 Med: 17.55 Max: 24.83
Current: 1.99
During the past 13 years, P I E Industrial Bhd's highest ROC (Joel Greenblatt) % was 24.83%. The lowest was 1.99%. And the median was 17.55%.
XKLS:7095's ROC (Joel Greenblatt) % is ranked worse than 66.93% of 2492
companies
in the Hardware industry
Industry Median: 10.435
vs XKLS:7095: 1.99
P I E Industrial Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -20.30% per year.
P I E Industrial Bhd (XKLS:7095) 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.
P I E Industrial Bhd ROC (Joel Greenblatt) % Related Terms
P I E Industrial Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for P I E Industrial 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.
P I E Industrial Bhd ROC (Joel Greenblatt) % Chart
XKLS:7095 vs APH, GLW: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, P I E Industrial 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.
P I E Industrial Bhd ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, P I E Industrial Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where P I E Industrial Bhd's ROC (Joel Greenblatt) % falls into.
P I E Industrial 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 -3.38% mean?
P I E Industrial Bhd (XKLS:7095) has a ROC (Joel Greenblatt) % of -3.38% 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 P I E Industrial Bhd and its competitors. Over the past decade, P I E Industrial Bhd's ROC (Joel Greenblatt) % has ranged from 1.99 to 24.83. According to the industry distribution chart, P I E Industrial Bhd ranks #1668 out of 2492 companies in the Hardware industry, placing it in the top 66.9%.
Is P I E Industrial Bhd's ROC (Joel Greenblatt) % too high?
P I E Industrial Bhd's current ROC (Joel Greenblatt) % is -3.38%. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 24.83. Based on the distribution chart, P I E Industrial Bhd ranks #1668 out of 2492 companies in the Hardware industry, which is below the industry midpoint. Overall, P I E Industrial Bhd has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does P I E Industrial Bhd's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, P I E Industrial Bhd ranks #1668 out of 2492 companies for ROC (Joel Greenblatt) %. This places P I E Industrial Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. Historically, P I E Industrial Bhd's own ROC (Joel Greenblatt) % has ranged from 1.99 to 24.83 over the past decade. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,492 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. 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 P I E Industrial Bhd and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P I E Industrial Bhd's current ROC (Joel Greenblatt) % is -3.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P I E Industrial Bhd stock overvalued right now?
Based on GuruFocus' analysis, P I E Industrial Bhd (XKLS:7095) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.43, compared to a current price of RM1.42 — trading 41.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is -3.38%. P I E Industrial Bhd's overall GF Score™ is 66/100 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 P I E Industrial Bhd (XKLS:7095), the current ROC (Joel Greenblatt) % is -3.38% 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 P I E Industrial Bhd (XKLS:7095) Overvalued in 2026?
Based on GuruFocus' analysis, P I E Industrial Bhd stock appears to be undervalued.
The current stock price of RM1.42 is trading 41.6% below its estimated GF Value™ of RM2.43.
GuruFocus considers P I E Industrial Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7095:
ROC (Joel Greenblatt) %: -3.38%
GF Value™: RM2.43 vs. price of RM1.42 (41.6% below fair value)
No single metric tells the full story. See the XKLS:7095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
P I E Industrial Bhd is principally involved in investment holding and the provision of management services. The group has three reportable segments: Manufacturing of industrial products, Trading of electrical materials, and Investment holding. The company engages in the Manufacturing of industrial products, including cables and wires for electronic devices, cable molding compounds, PCB assemblies, cable and wire harnesses for the computer, communications, and consumer electronics industries, and cable assemblies. Trading of electrical materials includes peripheral products of computers, telecommunication, consumer electronics, and cable assembly products. Geographically, the company operates in Malaysia, other Asia Pacific countries, Canada, the United States, Europe, and other countries.
66GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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