Ideal Capital BhdXKLS:9687 81 ROC (Joel Greenblatt) % is 12.32% as of Mar. 2026, which is 61% below its 10-year median of 31.50. GuruFocus rates XKLS:9687 with a GF Score™ of 81/100 and a GF Value™ of RM5.42 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,748 Real Estate companies, Ideal Capital Bhd ranks better than 65.68% 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. Ideal Capital Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.32%.
The historical rank and industry rank for Ideal Capital Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:9687'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.15 Med: 31.5 Max: 767.9
Current: 35.67
During the past 13 years, Ideal Capital Bhd's highest ROC (Joel Greenblatt) % was 767.90%. The lowest was -24.15%. And the median was 31.50%.
XKLS:9687's ROC (Joel Greenblatt) % is ranked better than 65.68% of 1748
companies
in the Real Estate industry
Industry Median: 12.65
vs XKLS:9687: 35.67
Ideal Capital Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Ideal Capital Bhd (XKLS:9687) 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.
Ideal Capital Bhd ROC (Joel Greenblatt) % Related Terms
Ideal Capital Bhd ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Ideal Capital 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.
Ideal Capital Bhd ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Ideal Capital 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.
Ideal Capital Bhd ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ideal Capital Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ideal Capital Bhd's ROC (Joel Greenblatt) % falls into.
Ideal Capital 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 12.32% mean?
Ideal Capital Bhd (XKLS:9687) has a ROC (Joel Greenblatt) % of 12.32% 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 Ideal Capital Bhd and its competitors. This is 61% below median its historical median of 31.50. According to the industry distribution chart, Ideal Capital Bhd ranks #600 out of 1748 companies in the Real Estate industry, placing it in the top 34.3%.
Is Ideal Capital Bhd's ROC (Joel Greenblatt) % too high?
Ideal Capital Bhd's current ROC (Joel Greenblatt) % of 12.32% is 61% below median its 10-year median of 31.50. The Real Estate industry median ROC (Joel Greenblatt) % is 12.65. Ideal Capital Bhd's value of 12.32% is 2.6% below this industry median. Based on the distribution chart, Ideal Capital Bhd ranks #600 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ideal Capital Bhd has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ideal Capital Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Ideal Capital Bhd ranks #600 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Ideal Capital Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.65. Ideal Capital Bhd's value of 12.32% is 2.6% below this benchmark. While the company's 10-year median is 31.50 vs. the industry median of 12.65, Ideal Capital 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.65, based on 1,748 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. Ideal Capital Bhd's current ROC (Joel Greenblatt) % of 12.32% is 2.6% 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 Ideal Capital Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideal Capital Bhd's current ROC (Joel Greenblatt) % is 12.32%, which is 61% below median its own 10-year median of 31.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ideal Capital Bhd (XKLS:9687) is currently considered Significantly Undervalued. The stock's GF Value™ is RM5.42, compared to a current price of RM3.72 — trading 31.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.32%, which is 61% below median its 10-year median of 31.50 and 2.6% below the Real Estate industry median of 12.65. Ideal Capital Bhd's overall GF Score™ is 81/100 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 Ideal Capital Bhd (XKLS:9687), the current ROC (Joel Greenblatt) % is 12.32% 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 Ideal Capital Bhd (XKLS:9687) Overvalued in 2026?
Based on GuruFocus' analysis, Ideal Capital Bhd stock appears to be undervalued.
The current stock price of RM3.72 is trading 31.4% below its estimated GF Value™ of RM5.42.
GuruFocus considers Ideal Capital Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:9687:
ROC (Joel Greenblatt) %: 12.32% (61% below median its 10-year median of 31.50)
GF Value™: RM5.42 vs. price of RM3.72 (31.4% below fair value)
Industry Position: 2.6% below the Real Estate median (#600 of 1748)
No single metric tells the full story. See the XKLS:9687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.
81GF Score
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