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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. Magma Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.12%.
The historical rank and industry rank for Magma Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:7243'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -52.71 Med: -15.53 Max: 20.23
Current: -21.18
During the past 12 years, Magma Group Bhd's highest ROC (Joel Greenblatt) % was 20.23%. The lowest was -52.71%. And the median was -15.53%.
XKLS:7243's ROC (Joel Greenblatt) % is ranked worse than 87.93% of 845
companies
in the Travel & Leisure industry
Industry Median: 10.04
vs XKLS:7243: -21.18
Magma Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.40% per year.
Magma Group Bhd (XKLS:7243) 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.
Magma Group Bhd ROC (Joel Greenblatt) % Related Terms
Magma Group Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Magma Group 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:7243 vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Magma Group 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.
Magma Group Bhd ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Magma Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Magma Group Bhd's ROC (Joel Greenblatt) % falls into.
Magma Group 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 -9.12% mean?
Magma Group Bhd (XKLS:7243) has a ROC (Joel Greenblatt) % of -9.12% 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 Magma Group Bhd and its competitors. According to the industry distribution chart, Magma Group Bhd ranks #743 out of 845 companies in the Travel & Leisure industry, placing it in the top 87.9%.
Is Magma Group Bhd's ROC (Joel Greenblatt) % too high?
Magma Group Bhd's current ROC (Joel Greenblatt) % is -9.12%. Based on the distribution chart, Magma Group Bhd ranks #743 out of 845 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Magma Group Bhd has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magma Group Bhd's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Magma Group Bhd ranks #743 out of 845 companies for ROC (Joel Greenblatt) %. This places Magma Group Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.04. 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.04, based on 845 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 Magma Group Bhd and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magma Group Bhd's current ROC (Joel Greenblatt) % is -9.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magma Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magma Group Bhd (XKLS:7243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.28 — trading 180% above its estimated fair value. The current ROC (Joel Greenblatt) % is -9.12%. Magma Group Bhd's overall GF Score™ is 24/100 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 Magma Group Bhd (XKLS:7243), the current ROC (Joel Greenblatt) % is -9.12% 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 Magma Group Bhd (XKLS:7243) Overvalued in 2026?
Based on GuruFocus' analysis, Magma Group Bhd stock appears to be overvalued.
The current stock price of RM0.28 is trading 180% above its estimated GF Value™ of RM0.10.
GuruFocus considers Magma Group Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:7243:
ROC (Joel Greenblatt) %: -9.12%
GF Value™: RM0.10 vs. price of RM0.28 (180% above fair value)
No single metric tells the full story. See the XKLS:7243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magma Group Bhd is an investment holding company. Along with its subsidiaries, the company operates in the hospitality industry in Malaysia. The company manages hotel properties and undertakes related hospitality activities. Its hotel properties include Wolo Kuala Lumpur, Impiana KLCC Hotel, Impiana Hotel Ipoh, and Impiana Hotel Senai. The company is organised into three operating segments: (i) Hospitality business: Management and operation of hotels and resorts, property investment and hotel development, (ii) Property development: Property development activities, and Others. The majority of the company's revenue is derived from the Hospitality business.
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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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