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Wang- Zheng BhdXKLS:7203 48 ROC (Joel Greenblatt) % is 18.03% as of Mar. 2026, which is 77% above its 10-year median of 10.21. GuruFocus rates XKLS:7203 with a GF Score™ of 48/100 and a GF Value™ of RM0.57 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 286 Forest Products companies, Wang- Zheng Bhd ranks worse than 67.13% 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. Wang- Zheng Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.03%.
The historical rank and industry rank for Wang- Zheng Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:7203'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.75 Med: 10.21 Max: 17.53
Current: -0.45
During the past 13 years, Wang- Zheng Bhd's highest ROC (Joel Greenblatt) % was 17.53%. The lowest was -3.75%. And the median was 10.21%.
XKLS:7203's ROC (Joel Greenblatt) % is ranked worse than 67.13% of 286
companies
in the Forest Products industry
Industry Median: 4.725
vs XKLS:7203: -0.45
Wang- Zheng Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Wang- Zheng Bhd (XKLS:7203) 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.
Wang- Zheng Bhd ROC (Joel Greenblatt) % Related Terms
Wang- Zheng Bhd ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Wang- Zheng 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.
XKLS:7203 vs SLVM: ROC (Joel Greenblatt) % Comparison
For the Paper & Paper Products subindustry, Wang- Zheng 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.
Wang- Zheng Bhd ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Wang- Zheng Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Wang- Zheng Bhd's ROC (Joel Greenblatt) % falls into.
Wang- Zheng 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 18.03% mean?
Wang- Zheng Bhd (XKLS:7203) has a ROC (Joel Greenblatt) % of 18.03% 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 Wang- Zheng Bhd and its competitors. This is 77% above median its historical median of 10.21. According to the industry distribution chart, Wang- Zheng Bhd ranks #192 out of 286 companies in the Forest Products industry, placing it in the top 67.1%.
Is Wang- Zheng Bhd's ROC (Joel Greenblatt) % too high?
Wang- Zheng Bhd's current ROC (Joel Greenblatt) % of 18.03% is 77% above median its 10-year median of 10.21. The Forest Products industry median ROC (Joel Greenblatt) % is 4.73. Wang- Zheng Bhd's value of 18.03% is 281.6% above this industry median. Based on the distribution chart, Wang- Zheng Bhd ranks #192 out of 286 companies in the Forest Products industry, which is below the industry midpoint. Overall, Wang- Zheng Bhd has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wang- Zheng Bhd's ROC (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, Wang- Zheng Bhd ranks #192 out of 286 companies for ROC (Joel Greenblatt) %. This places Wang- Zheng Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.73. Wang- Zheng Bhd's value of 18.03% is 281.6% above this benchmark. While the company's 10-year median is 10.21 vs. the industry median of 4.73, Wang- Zheng 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.73, based on 286 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. Wang- Zheng Bhd's current ROC (Joel Greenblatt) % of 18.03% is 281.6% 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 Wang- Zheng Bhd and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang- Zheng Bhd's current ROC (Joel Greenblatt) % is 18.03%, which is 77% above median its own 10-year median of 10.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang- Zheng Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wang- Zheng Bhd (XKLS:7203) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.57, compared to a current price of RM0.40 — trading 29.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.03%, which is 77% above median its 10-year median of 10.21 and 281.6% above the Forest Products industry median of 4.73. Wang- Zheng Bhd's overall GF Score™ is 48/100 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 Wang- Zheng Bhd (XKLS:7203), the current ROC (Joel Greenblatt) % is 18.03% 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 Wang- Zheng Bhd (XKLS:7203) Overvalued in 2026?
Based on GuruFocus' analysis, Wang- Zheng Bhd stock appears to be undervalued.
The current stock price of RM0.40 is trading 29.8% below its estimated GF Value™ of RM0.57.
GuruFocus considers Wang- Zheng Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7203:
ROC (Joel Greenblatt) %: 18.03% (77% above median its 10-year median of 10.21)
GF Value™: RM0.57 vs. price of RM0.40 (29.8% below fair value)
Industry Position: 281.6% above the Forest Products median (#192 of 286)
No single metric tells the full story. See the XKLS:7203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others. Key revenue is generated from Processed papers products segment.
48GF Score
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