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KESM Industries BhdXKLS:9334 +1.63%76 ROC (Joel Greenblatt) % is 6.75% as of Apr. 2026, which is 35% above its 10-year median of 5.00. GuruFocus rates XKLS:9334 with a GF Score™ of 76/100 and a GF Value™ of RM3.89 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,027 Semiconductors companies, KESM Industries Bhd ranks worse than 52.97% 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. KESM Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 6.75%.
The historical rank and industry rank for KESM Industries Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:9334'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.78 Med: 5 Max: 21.15
Current: 7.23
During the past 13 years, KESM Industries Bhd's highest ROC (Joel Greenblatt) % was 21.15%. The lowest was -2.78%. And the median was 5.00%.
XKLS:9334's ROC (Joel Greenblatt) % is ranked worse than 52.97% of 1027
companies
in the Semiconductors industry
Industry Median: 8.36
vs XKLS:9334: 7.23
KESM Industries Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
KESM Industries Bhd (XKLS:9334) 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.
KESM Industries Bhd ROC (Joel Greenblatt) % Related Terms
KESM Industries Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for KESM Industries 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:9334 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, KESM Industries 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.
KESM Industries Bhd ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, KESM Industries Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KESM Industries Bhd's ROC (Joel Greenblatt) % falls into.
KESM Industries 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 (Apr. 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 6.75% mean?
KESM Industries Bhd (XKLS:9334) has a ROC (Joel Greenblatt) % of 6.75% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on KESM Industries Bhd and its competitors. This is 35% above median its historical median of 5.00. According to the industry distribution chart, KESM Industries Bhd ranks #544 out of 1027 companies in the Semiconductors industry, placing it in the top 53%.
Is KESM Industries Bhd's ROC (Joel Greenblatt) % too high?
KESM Industries Bhd's current ROC (Joel Greenblatt) % of 6.75% is 35% above median its 10-year median of 5.00. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.36. KESM Industries Bhd's value of 6.75% is 19.3% below this industry median. Based on the distribution chart, KESM Industries Bhd ranks #544 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, KESM Industries Bhd has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KESM Industries Bhd's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, KESM Industries Bhd ranks #544 out of 1027 companies for ROC (Joel Greenblatt) %. This places KESM Industries Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.36. KESM Industries Bhd's value of 6.75% is 19.3% below this benchmark. While the company's 10-year median is 5.00 vs. the industry median of 8.36, KESM Industries 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.36, based on 1,027 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. KESM Industries Bhd's current ROC (Joel Greenblatt) % of 6.75% is 19.3% 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 KESM Industries Bhd and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KESM Industries Bhd's current ROC (Joel Greenblatt) % is 6.75%, which is 35% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KESM Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, KESM Industries Bhd (XKLS:9334) is currently considered Modestly Overvalued. The stock's GF Value™ is RM3.89, compared to a current price of RM4.37 — trading 12.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.75%, which is 35% above median its 10-year median of 5.00 and 19.3% below the Semiconductors industry median of 8.36. KESM Industries Bhd's overall GF Score™ is 76/100 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 KESM Industries Bhd (XKLS:9334), the current ROC (Joel Greenblatt) % is 6.75% as of Apr. 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 KESM Industries Bhd (XKLS:9334) Overvalued in 2026?
Based on GuruFocus' analysis, KESM Industries Bhd stock appears to be overvalued.
The current stock price of RM4.37 is trading 12.3% above its estimated GF Value™ of RM3.89.
GuruFocus considers KESM Industries Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:9334:
ROC (Joel Greenblatt) %: 6.75% (35% above median its 10-year median of 5.00)
GF Value™: RM3.89 vs. price of RM4.37 (12.3% above fair value)
Industry Position: 19.3% below the Semiconductors median (#544 of 1027)
No single metric tells the full story. See the XKLS:9334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KESM Industries Bhd operates through a single business segment, providing essential burn-in and testing services that ensure the reliability of semiconductors, including microprocessors, microcontrollers, and advanced sensors. Serving the semiconductor industry, the company's products support technologies across the automotive, industrial, consumer, and commercial sectors internationally. Its customer base spans key markets in the United States, Europe, and the Asia Pacific, with sales concentrated mainly in Malaysia, the People's Republic of China, Singapore, and other regions, and the majority of revenue comes from Malaysia.
76GF Score
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