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Bertam Alliance BhdXKLS:9814 +4.00%51 ROC (Joel Greenblatt) % is 494.08% as of Mar. 2026, which is 2106% above its 10-year median of 22.40. GuruFocus rates XKLS:9814 with a GF Score™ of 51/100 and a GF Value™ of RM0.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,749 Real Estate companies, Bertam Alliance Bhd ranks better than 89.25% 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. Bertam Alliance Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 494.08%.
The historical rank and industry rank for Bertam Alliance Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:9814'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1998.92 Med: 22.4 Max: 527.4
Current: 527.4
During the past 13 years, Bertam Alliance Bhd's highest ROC (Joel Greenblatt) % was 527.40%. The lowest was -1998.92%. And the median was 22.40%.
XKLS:9814's ROC (Joel Greenblatt) % is ranked better than 89.25% of 1749
companies
in the Real Estate industry
Industry Median: 12.88
vs XKLS:9814: 527.40
Bertam Alliance Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Bertam Alliance Bhd (XKLS:9814) 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.
Bertam Alliance Bhd ROC (Joel Greenblatt) % Related Terms
Bertam Alliance Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Bertam Alliance 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:9814 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Bertam Alliance 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.
Bertam Alliance Bhd ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bertam Alliance Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bertam Alliance Bhd's ROC (Joel Greenblatt) % falls into.
Bertam Alliance 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 494.08% mean?
Bertam Alliance Bhd (XKLS:9814) has a ROC (Joel Greenblatt) % of 494.08% 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 Bertam Alliance Bhd and its competitors. This is 2106% above median its historical median of 22.40. According to the industry distribution chart, Bertam Alliance Bhd ranks #188 out of 1749 companies in the Real Estate industry, placing it in the top 10.7%.
Is Bertam Alliance Bhd's ROC (Joel Greenblatt) % too high?
Bertam Alliance Bhd's current ROC (Joel Greenblatt) % of 494.08% is 2106% above median its 10-year median of 22.40. The Real Estate industry median ROC (Joel Greenblatt) % is 12.88. Bertam Alliance Bhd's value of 494.08% is 3736% above this industry median. Based on the distribution chart, Bertam Alliance Bhd ranks #188 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Bertam Alliance Bhd has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bertam Alliance Bhd's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Bertam Alliance Bhd ranks #188 out of 1749 companies for ROC (Joel Greenblatt) %. This places Bertam Alliance Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.88. Bertam Alliance Bhd's value of 494.08% is 3736% above this benchmark. While the company's 10-year median is 22.40 vs. the industry median of 12.88, Bertam Alliance Bhd has consistently been above 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 12.88, based on 1,749 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. Bertam Alliance Bhd's current ROC (Joel Greenblatt) % of 494.08% is 3736% above 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 Bertam Alliance Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bertam Alliance Bhd's current ROC (Joel Greenblatt) % is 494.08%, which is 2106% above median its own 10-year median of 22.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bertam Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bertam Alliance Bhd (XKLS:9814) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.13 — trading 62.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 494.08%, which is 2106% above median its 10-year median of 22.40 and 3736% above the Real Estate industry median of 12.88. Bertam Alliance Bhd's overall GF Score™ is 51/100 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 Bertam Alliance Bhd (XKLS:9814), the current ROC (Joel Greenblatt) % is 494.08% 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 Bertam Alliance Bhd (XKLS:9814) Overvalued in 2026?
Based on GuruFocus' analysis, Bertam Alliance Bhd stock appears to be overvalued.
The current stock price of RM0.13 is trading 62.5% above its estimated GF Value™ of RM0.08.
GuruFocus considers Bertam Alliance Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:9814:
ROC (Joel Greenblatt) %: 494.08% (2106% above median its 10-year median of 22.40)
GF Value™: RM0.08 vs. price of RM0.13 (62.5% above fair value)
Industry Position: 3736% above the Real Estate median (#188 of 1749)
No single metric tells the full story. See the XKLS:9814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bertam Alliance Bhd is principally involved in property development and the provision of construction management services. The Group operates through three segments namely Property development, Construction and trading of building materials, and Corporate and others. The Property development segment is engaged in developing properties for sale and/or holding properties for own investment purpose. The Construction and trading of building materials segment, which generates maximum revenue, is engaged in performing general construction works and the supply of building materials. The Corporate and others segment includes holding of investments and provision of management services to its subsidiaries. The Group mainly operates in Malaysia.
51GF Score
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