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SAM Engineering & Equipment (M) BhdXKLS:9822 +5.77%72 ROC (Joel Greenblatt) % is 3.90% as of Mar. 2026, which is 74% below its 10-year median of 14.97. GuruFocus rates XKLS:9822 with a GF Score™ of 72/100 and a GF Value™ of RM3.90 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 360 Aerospace & Defense companies, SAM Engineering & Equipment (M) Bhd ranks worse than 58.61% 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. SAM Engineering & Equipment (M) Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.90%.
The historical rank and industry rank for SAM Engineering & Equipment (M) Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:9822'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.1 Med: 14.97 Max: 24.66
Current: 6.24
During the past 13 years, SAM Engineering & Equipment (M) Bhd's highest ROC (Joel Greenblatt) % was 24.66%. The lowest was 6.10%. And the median was 14.97%.
XKLS:9822's ROC (Joel Greenblatt) % is ranked worse than 58.61% of 360
companies
in the Aerospace & Defense industry
Industry Median: 10.785
vs XKLS:9822: 6.24
SAM Engineering & Equipment (M) Bhd (XKLS:9822) 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.
* 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.
SAM Engineering & Equipment (M) Bhd ROC (Joel Greenblatt) % Chart
XKLS:9822 vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, SAM Engineering & Equipment (M) 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.
SAM Engineering & Equipment (M) Bhd ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, SAM Engineering & Equipment (M) Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SAM Engineering & Equipment (M) Bhd's ROC (Joel Greenblatt) % falls into.
SAM Engineering & Equipment (M) 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 3.90% mean?
SAM Engineering & Equipment (M) Bhd (XKLS:9822) has a ROC (Joel Greenblatt) % of 3.90% 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 SAM Engineering & Equipment (M) Bhd and its competitors. This is 74% below median its historical median of 14.97. Over the past decade, SAM Engineering & Equipment (M) Bhd's ROC (Joel Greenblatt) % has ranged from 6.10 to 24.66. According to the industry distribution chart, SAM Engineering & Equipment (M) Bhd ranks #211 out of 360 companies in the Aerospace & Defense industry, placing it in the top 58.6%.
Is SAM Engineering & Equipment (M) Bhd's ROC (Joel Greenblatt) % too high?
SAM Engineering & Equipment (M) Bhd's current ROC (Joel Greenblatt) % of 3.90% is 74% below median its 10-year median of 14.97. Over the past 10 years, this metric has ranged from a low of 6.10 to a high of 24.66. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.79. SAM Engineering & Equipment (M) Bhd's value of 3.90% is 63.8% below this industry median. Based on the distribution chart, SAM Engineering & Equipment (M) Bhd ranks #211 out of 360 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, SAM Engineering & Equipment (M) Bhd has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAM Engineering & Equipment (M) Bhd's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, SAM Engineering & Equipment (M) Bhd ranks #211 out of 360 companies for ROC (Joel Greenblatt) %. This places SAM Engineering & Equipment (M) Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.79. SAM Engineering & Equipment (M) Bhd's value of 3.90% is 63.8% below this benchmark. Historically, SAM Engineering & Equipment (M) Bhd's own ROC (Joel Greenblatt) % has ranged from 6.10 to 24.66 over the past decade. While the company's 10-year median is 14.97 vs. the industry median of 10.79, SAM Engineering & Equipment (M) 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.79, based on 360 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. SAM Engineering & Equipment (M) Bhd's current ROC (Joel Greenblatt) % of 3.90% is 63.8% 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 SAM Engineering & Equipment (M) Bhd and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAM Engineering & Equipment (M) Bhd's current ROC (Joel Greenblatt) % is 3.90%, which is 74% below median its own 10-year median of 14.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAM Engineering & Equipment (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, SAM Engineering & Equipment (M) Bhd (XKLS:9822) is currently considered Modestly Overvalued. The stock's GF Value™ is RM3.90, compared to a current price of RM4.58 — trading 17.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.90%, which is 74% below median its 10-year median of 14.97 and 63.8% below the Aerospace & Defense industry median of 10.79. SAM Engineering & Equipment (M) Bhd's overall GF Score™ is 72/100 with 5 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 SAM Engineering & Equipment (M) Bhd (XKLS:9822), the current ROC (Joel Greenblatt) % is 3.90% 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 SAM Engineering & Equipment (M) Bhd (XKLS:9822) Overvalued in 2026?
Based on GuruFocus' analysis, SAM Engineering & Equipment (M) Bhd stock appears to be overvalued.
The current stock price of RM4.58 is trading 17.4% above its estimated GF Value™ of RM3.90.
GuruFocus considers SAM Engineering & Equipment (M) Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:9822:
ROC (Joel Greenblatt) %: 3.90% (74% below median its 10-year median of 14.97)
GF Value™: RM3.90 vs. price of RM4.58 (17.4% above fair value)
Industry Position: 63.8% below the Aerospace & Defense median (#211 of 360)
No single metric tells the full story. See the XKLS:9822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SAM Engineering & Equipment (M) Bhd is a Malaysian company that provides precision machining, equipment integration, and automation solutions to aerospace and equipment industries. The company is engaged in providing manufacturing solutions for critical engine parts and other related equipment parts and also on engineering and high precision tooling including large format CNC machining parts. It also provides for the arrangement of equipment engineering and solutions for commercial, semiconductor, and other industries. The company manages its business in two segments namely Aerospace and Equipment manufacturing. It has a business presence in Malaysia, Asia (excluding Malaysia), North America, Latin America, and Europe.
72GF Score
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