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ETA Group BhdXKLS:9946 -3.70%40 ROC (Joel Greenblatt) % is 4.95% as of Mar. 2026, which is 476% above its 10-year median of 0.86. GuruFocus rates XKLS:9946 with a GF Score™ of 40/100 and a GF Value™ of RM0.14 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, ETA Group Bhd ranks worse than 66.57% 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. ETA Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.95%.
The historical rank and industry rank for ETA Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:9946'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.52 Med: 0.86 Max: 11.89
Current: 5.69
During the past 13 years, ETA Group Bhd's highest ROC (Joel Greenblatt) % was 11.89%. The lowest was -33.52%. And the median was 0.86%.
XKLS:9946's ROC (Joel Greenblatt) % is ranked worse than 66.57% of 1980
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs XKLS:9946: 5.69
ETA Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
ETA Group Bhd (XKLS:9946) 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.
ETA Group Bhd ROC (Joel Greenblatt) % Related Terms
ETA Group Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ETA Group 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:9946 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, ETA Group 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.
ETA Group Bhd ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, ETA Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ETA Group Bhd's ROC (Joel Greenblatt) % falls into.
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 4.95% mean?
ETA Group Bhd (XKLS:9946) has a ROC (Joel Greenblatt) % of 4.95% 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 ETA Group Bhd and its competitors. This is 476% above median its historical median of 0.86. According to the industry distribution chart, ETA Group Bhd ranks #1318 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 66.6%.
Is ETA Group Bhd's ROC (Joel Greenblatt) % too high?
ETA Group Bhd's current ROC (Joel Greenblatt) % of 4.95% is 476% above median its 10-year median of 0.86. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. ETA Group Bhd's value of 4.95% is 58.7% below this industry median. Based on the distribution chart, ETA Group Bhd ranks #1318 out of 1980 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, ETA Group Bhd has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ETA Group Bhd's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ETA Group Bhd ranks #1318 out of 1980 companies for ROC (Joel Greenblatt) %. This places ETA Group Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. ETA Group Bhd's value of 4.95% is 58.7% below this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 11.99, ETA Group 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,980 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. ETA Group Bhd's current ROC (Joel Greenblatt) % of 4.95% is 58.7% 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 ETA Group Bhd and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETA Group Bhd's current ROC (Joel Greenblatt) % is 4.95%, which is 476% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ETA Group Bhd (XKLS:9946) is currently considered Fairly Valued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.13 — trading 7.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.95%, which is 476% above median its 10-year median of 0.86 and 58.7% below the Consumer Packaged Goods industry median of 11.99. ETA Group Bhd's overall GF Score™ is 40/100 with 4 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 ETA Group Bhd (XKLS:9946), the current ROC (Joel Greenblatt) % is 4.95% 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 ETA Group Bhd (XKLS:9946) Overvalued in 2026?
Based on GuruFocus' analysis, ETA Group Bhd stock appears to be undervalued.
The current stock price of RM0.13 is trading 7.1% below its estimated GF Value™ of RM0.14.
GuruFocus considers ETA Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:9946:
ROC (Joel Greenblatt) %: 4.95% (476% above median its 10-year median of 0.86)
GF Value™: RM0.14 vs. price of RM0.13 (7.1% below fair value)
Industry Position: 58.7% below the Consumer Packaged Goods median (#1318 of 1980)
No single metric tells the full story. See the XKLS:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ETA Group Bhd is engaged in property development, property management and property investment, as well as construction and construction-related activities, including the trading and supply of construction materials. Its activities include Sourcing of land, Architectural and engineering services, Submission and approvals, Construction, Project management, and Delivery of vacant possession. It operates in two segment the manufacture and distribution of canned food, beverages and premix products and the trading and distribution of construction materials. It derives revenue from Trading and distribution of construction materials segment. Geographically, it operates in Malaysia, Europe, USA, and Asia (excluding Malaysia) with majority of revenue deriving from USA.
40GF Score
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