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Pansar BhdXKLS:8419 +1.09%72 ROC (Joel Greenblatt) % is 6.23% as of Mar. 2026, which is 33% below its 10-year median of 9.25. GuruFocus rates XKLS:8419 with a GF Score™ of 72/100 and a GF Value™ of RM1.02 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 562 Conglomerates companies, Pansar Bhd ranks better than 56.05% 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. Pansar Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.23%.
The historical rank and industry rank for Pansar Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:8419'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.78 Med: 9.25 Max: 18.52
Current: 17.99
During the past 13 years, Pansar Bhd's highest ROC (Joel Greenblatt) % was 18.52%. The lowest was 5.78%. And the median was 9.25%.
XKLS:8419's ROC (Joel Greenblatt) % is ranked better than 56.05% of 562
companies
in the Conglomerates industry
Industry Median: 14.68
vs XKLS:8419: 17.99
Pansar Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.40% per year.
Pansar Bhd (XKLS:8419) 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.
Pansar Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Pansar 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:8419 vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Pansar 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.
Pansar Bhd ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Pansar Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pansar Bhd's ROC (Joel Greenblatt) % falls into.
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 6.23% mean?
Pansar Bhd (XKLS:8419) has a ROC (Joel Greenblatt) % of 6.23% 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 Pansar Bhd and its competitors. This is 33% below median its historical median of 9.25. Over the past decade, Pansar Bhd's ROC (Joel Greenblatt) % has ranged from 5.78 to 18.52. According to the industry distribution chart, Pansar Bhd ranks #247 out of 562 companies in the Conglomerates industry, placing it in the top 44%.
Is Pansar Bhd's ROC (Joel Greenblatt) % too high?
Pansar Bhd's current ROC (Joel Greenblatt) % of 6.23% is 33% below median its 10-year median of 9.25. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 18.52. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Pansar Bhd's value of 6.23% is 57.6% below this industry median. Based on the distribution chart, Pansar Bhd ranks #247 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Pansar Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pansar Bhd's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Pansar Bhd ranks #247 out of 562 companies for ROC (Joel Greenblatt) %. This puts Pansar Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Pansar Bhd's value of 6.23% is 57.6% below this benchmark. Historically, Pansar Bhd's own ROC (Joel Greenblatt) % has ranged from 5.78 to 18.52 over the past decade. While the company's 10-year median is 9.25 vs. the industry median of 14.68, Pansar 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 a Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 562 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. Pansar Bhd's current ROC (Joel Greenblatt) % of 6.23% is 57.6% 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 Pansar Bhd and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pansar Bhd's current ROC (Joel Greenblatt) % is 6.23%, which is 33% below median its own 10-year median of 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pansar Bhd stock overvalued right now?
Based on GuruFocus' analysis, Pansar Bhd (XKLS:8419) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.02, compared to a current price of RM0.47 — trading 54.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.23%, which is 33% below median its 10-year median of 9.25 and 57.6% below the Conglomerates industry median of 14.68. Pansar Bhd's overall GF Score™ is 72/100 with 2 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 Pansar Bhd (XKLS:8419), the current ROC (Joel Greenblatt) % is 6.23% 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 Pansar Bhd (XKLS:8419) Overvalued in 2026?
Based on GuruFocus' analysis, Pansar Bhd stock appears to be undervalued.
The current stock price of RM0.47 is trading 54.4% below its estimated GF Value™ of RM1.02.
GuruFocus considers Pansar Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:8419:
ROC (Joel Greenblatt) %: 6.23% (33% below median its 10-year median of 9.25)
GF Value™: RM1.02 vs. price of RM0.47 (54.4% below fair value)
Industry Position: 57.6% below the Conglomerates median (#247 of 562)
No single metric tells the full story. See the XKLS:8419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pansar Bhd is an investment holding company. The company's operating segment includes Building and Construction Materials; Marine and Industrial; Agro Engineering; Electrical and Air-conditioning; Heavy Equipment; Mechanical and Electrical and Construction and Infrastructure. It generates maximum revenue from the Construction and Infrastructure segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.
72GF Score
Get the complete analysis for XKLS:8419
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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