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MLabs Systems BhdXKLS:0085 ROC (Joel Greenblatt) % is 29.67% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 2,494 Hardware companies, MLabs Systems Bhd ranks worse than 91.06% 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. MLabs Systems Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.67%.
The historical rank and industry rank for MLabs Systems Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0085'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -185.94 Med: -33.59 Max: -11.43
Current: -74.78
During the past 13 years, MLabs Systems Bhd's highest ROC (Joel Greenblatt) % was -11.43%. The lowest was -185.94%. And the median was -33.59%.
XKLS:0085's ROC (Joel Greenblatt) % is ranked worse than 91.06% of 2494
companies
in the Hardware industry
Industry Median: 10.42
vs XKLS:0085: -74.78
MLabs Systems Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 35.50% per year.
MLabs Systems Bhd (XKLS:0085) 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.
MLabs Systems Bhd ROC (Joel Greenblatt) % Related Terms
MLabs Systems Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MLabs Systems 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:0085 vs CSCO, MSI, CIEN: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, MLabs Systems 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.
MLabs Systems Bhd ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, MLabs Systems Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MLabs Systems Bhd's ROC (Joel Greenblatt) % falls into.
MLabs Systems 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 29.67% mean?
MLabs Systems Bhd (XKLS:0085) has a ROC (Joel Greenblatt) % of 29.67% 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 MLabs Systems Bhd and its competitors. According to the industry distribution chart, MLabs Systems Bhd ranks #2271 out of 2494 companies in the Hardware industry, placing it in the top 91.1%.
Is MLabs Systems Bhd's ROC (Joel Greenblatt) % too high?
MLabs Systems Bhd's current ROC (Joel Greenblatt) % is 29.67%. The Hardware industry median ROC (Joel Greenblatt) % is 10.42. MLabs Systems Bhd's value of 29.67% is 184.7% above this industry median. Based on the distribution chart, MLabs Systems Bhd ranks #2271 out of 2494 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does MLabs Systems Bhd's ROC (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, MLabs Systems Bhd ranks #2271 out of 2494 companies for ROC (Joel Greenblatt) %. This places MLabs Systems Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.42. MLabs Systems Bhd's value of 29.67% is 184.7% above this benchmark. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.42, based on 2,494 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. MLabs Systems Bhd's current ROC (Joel Greenblatt) % of 29.67% is 184.7% 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 MLabs Systems Bhd and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLabs Systems Bhd's current ROC (Joel Greenblatt) % is 29.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLabs Systems Bhd stock overvalued right now?
Based on GuruFocus' analysis, MLabs Systems Bhd (XKLS:0085) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.04 — trading 20% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.67% and 184.7% above the Hardware industry median of 10.42. 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 MLabs Systems Bhd (XKLS:0085), the current ROC (Joel Greenblatt) % is 29.67% 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.
MLabs Systems Bhd is an investment holding company engaged in research and development in video conferencing and mobile application solutions. Its segments include ICT and Fintech; Factoring; Trading; and Film production. It derives maximum revenue from ICT and Fintech segment. Geographically, the company operates in Malaysia, Cayman Islands and Taiwan, out of which Malaysia generates majority revenue.
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