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Iconic Worldwide BhdXKLS:9113 -7.69% ROC (Joel Greenblatt) % is 0.40% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 837 Medical Devices & Instruments companies, Iconic Worldwide Bhd ranks worse than 52.69% 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. Iconic Worldwide Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.40%.
The historical rank and industry rank for Iconic Worldwide Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:9113'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -52.07 Med: -6.46 Max: 10.62
Current: 1.59
During the past 13 years, Iconic Worldwide Bhd's highest ROC (Joel Greenblatt) % was 10.62%. The lowest was -52.07%. And the median was -6.46%.
XKLS:9113's ROC (Joel Greenblatt) % is ranked worse than 52.69% of 837
companies
in the Medical Devices & Instruments industry
Industry Median: 4.35
vs XKLS:9113: 1.59
Iconic Worldwide Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Iconic Worldwide Bhd (XKLS:9113) 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.
Iconic Worldwide Bhd ROC (Joel Greenblatt) % Related Terms
Iconic Worldwide Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Iconic Worldwide 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.
Iconic Worldwide Bhd ROC (Joel Greenblatt) % Chart
XKLS:9113 vs ISRG, BDX, MDLN: ROC (Joel Greenblatt) % Comparison
For the Medical Instruments & Supplies subindustry, Iconic Worldwide 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.
Iconic Worldwide Bhd ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Iconic Worldwide Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Iconic Worldwide Bhd's ROC (Joel Greenblatt) % falls into.
Iconic Worldwide 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 0.40% mean?
Iconic Worldwide Bhd (XKLS:9113) has a ROC (Joel Greenblatt) % of 0.40% 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 Iconic Worldwide Bhd and its competitors. According to the industry distribution chart, Iconic Worldwide Bhd ranks #441 out of 837 companies in the Medical Devices & Instruments industry, placing it in the top 52.7%.
Is Iconic Worldwide Bhd's ROC (Joel Greenblatt) % too high?
Iconic Worldwide Bhd's current ROC (Joel Greenblatt) % is 0.40%. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.35. Iconic Worldwide Bhd's value of 0.40% is 90.8% below this industry median. Based on the distribution chart, Iconic Worldwide Bhd ranks #441 out of 837 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does Iconic Worldwide Bhd's ROC (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Iconic Worldwide Bhd ranks #441 out of 837 companies for ROC (Joel Greenblatt) %. This places Iconic Worldwide Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.35. Iconic Worldwide Bhd's value of 0.40% is 90.8% below this benchmark. 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.35, based on 837 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. Iconic Worldwide Bhd's current ROC (Joel Greenblatt) % of 0.40% is 90.8% 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 Iconic Worldwide Bhd and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iconic Worldwide Bhd's current ROC (Joel Greenblatt) % is 0.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconic Worldwide Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iconic Worldwide Bhd (XKLS:9113) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.06 — trading 50% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.40% and 90.8% below the Medical Devices & Instruments industry median of 4.35. 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 Iconic Worldwide Bhd (XKLS:9113), the current ROC (Joel Greenblatt) % is 0.40% 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.
Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Hospitality services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.
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