Joe Holding Bhd (XKLS:7096) ROC (Joel Greenblatt) %: -96.89% (As of Mar. 2026)

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What is Joe Holding Bhd ROC (Joel Greenblatt) %?

Joe Holding Bhd XKLS:7096 ROC (Joel Greenblatt) % is -96.89% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Joe Holding Bhd ranks worse than 95.35% 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. Joe Holding Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -96.89%.

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

XKLS:7096' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -166.5   Med: -12.5   Max: 12.05
Current: -61.07

During the past 13 years, Joe Holding Bhd's highest ROC (Joel Greenblatt) % was 12.05%. The lowest was -166.50%. And the median was -12.50%.

XKLS:7096's ROC (Joel Greenblatt) % is ranked worse than
95.35% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs XKLS:7096: -61.07

Joe Holding Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -42.40% per year.


Joe Holding Bhd  (XKLS:7096) 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.


Joe Holding Bhd ROC (Joel Greenblatt) % Related Terms


Joe Holding Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Joe Holding 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.

Joe Holding Bhd ROC (Joel Greenblatt) % Chart

Joe Holding Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -53.90 -166.50 -57.12 -16.65 -46.68

Joe Holding 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 -30.48 -142.38 51.36 -40.66 -96.89

XKLS:7096 vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Joe Holding 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.


Joe Holding Bhd ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Joe Holding Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Joe Holding 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)
=(12.464 + 0.511 + 0.423) - (7.601 + 0 + -1.4210854715202E-14)
=5.797

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.362 + 0.723 + 0.10600000000001) - (6.796 + 0 + 0)
=12.395

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Joe Holding 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 )
=-23.316/( ( (15.326 + max(5.797, 0)) + (14.611 + max(12.395, 0)) )/ 2 )
=-23.316/( ( 21.123 + 27.006 )/ 2 )
=-23.316/24.0645
=-96.89 %

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 -96.89% mean?
Joe Holding Bhd (XKLS:7096) has a ROC (Joel Greenblatt) % of -96.89% 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 Joe Holding Bhd and its competitors. According to the industry distribution chart, Joe Holding Bhd ranks #1270 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 95.3%.
Is Joe Holding Bhd's ROC (Joel Greenblatt) % too high?
Joe Holding Bhd's current ROC (Joel Greenblatt) % is -96.89%. Based on the distribution chart, Joe Holding Bhd ranks #1270 out of 1332 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers.
How does Joe Holding Bhd's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joe Holding Bhd ranks #1270 out of 1332 companies for ROC (Joel Greenblatt) %. This places Joe Holding Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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 Joe Holding Bhd and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joe Holding Bhd's current ROC (Joel Greenblatt) % is -96.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joe Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Joe Holding Bhd (XKLS:7096) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.06 — trading 14.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -96.89%. 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 Joe Holding Bhd (XKLS:7096), the current ROC (Joel Greenblatt) % is -96.89% 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.

Joe Holding Bhd Business Description

Address Jalan Chepor 11/8, Lot 304994, Kawasan Perusahaan Seramik Chepor, Mukim Hulu Kinta, Chemor, Ipoh, PRK, MYS, 31200
Joe Holding Bhd is a Malaysian investment holding company. Along with its subsidiaries, the company operates in the following business segments: Automotive batteries, Valve Regulated lead Acid (VRLA) batteries, Investment holding, and Others. It generates maximum revenue from the Automotive batteries segment, which is engaged in the manufacture, assembly, and sale of automotive batteries and components. The Valve Regulated Lead Acid (VRLA) batteries segment manufactures, assembles, and sells sealed lead (VRLA) batteries; the Investment holding segment is involved in providing warehouse storage service and real estate with its own or lease property n.e.c.; and the Others segment represents gloves manufacturing and dormant subsidiary companies.