Mikro MSC Bhd (XKLS:0112) ROC (Joel Greenblatt) %: 25.72% (As of Mar. 2026) — 31% Above Median

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XKLS:0112 Mikro MSC Bhd XKLS:0112
48 GF Score
Price RM0.52
GF Value RM0.22
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Mikro MSC Bhd ROC (Joel Greenblatt) %?

Mikro MSC Bhd XKLS:0112 48 ROC (Joel Greenblatt) % is 25.72% as of Mar. 2026, which is 31% above its 10-year median of 19.66. GuruFocus rates XKLS:0112 with a GF Score™ of 48/100 and a GF Value™ of RM0.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,060 Industrial Products companies, Mikro MSC Bhd ranks better than 87.68% 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. Mikro MSC Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.72%.

The historical rank and industry rank for Mikro MSC Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:

XKLS:0112' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.05   Med: 19.66   Max: 61.63
Current: 45.3

During the past 13 years, Mikro MSC Bhd's highest ROC (Joel Greenblatt) % was 61.63%. The lowest was 9.05%. And the median was 19.66%.

XKLS:0112's ROC (Joel Greenblatt) % is ranked better than
87.68% of 3060 companies
in the Industrial Products industry
Industry Median: 11.73 vs XKLS:0112: 45.30

Mikro MSC Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 24.80% per year.


Mikro MSC Bhd  (XKLS:0112) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Mikro MSC Bhd ROC (Joel Greenblatt) % Related Terms


Mikro MSC Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mikro MSC 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.

Mikro MSC Bhd ROC (Joel Greenblatt) % Chart

Mikro MSC Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.74 11.99 12.04 9.05 61.63

Mikro MSC Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.12 23.55 16.57 112.64 25.72

XKLS:0112 vs VRT, BE: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Mikro MSC 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.


Mikro MSC Bhd ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mikro MSC Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:0112
48GF Score
Mikro MSC Bhd XKLS:0112
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mikro MSC 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.048 + 21.589 + 5.961) - (10.081 + 0 + 0.0010000000000012)
=41.516

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.326 + 21.09 + 5.376) - (10.839 + 0 + 0.028)
=36.925

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mikro MSC Bhd for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.76/( ( (30.208 + max(41.516, 0)) + (29.437 + max(36.925, 0)) )/ 2 )
=17.76/( ( 71.724 + 66.362 )/ 2 )
=17.76/69.043
=25.72 %

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 25.72% mean?
Mikro MSC Bhd (XKLS:0112) has a ROC (Joel Greenblatt) % of 25.72% 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 Mikro MSC Bhd and its competitors. This is 31% above median its historical median of 19.66. Over the past decade, Mikro MSC Bhd's ROC (Joel Greenblatt) % has ranged from 9.05 to 61.63. According to the industry distribution chart, Mikro MSC Bhd ranks #377 out of 3060 companies in the Industrial Products industry, placing it in the top 12.3%.
Is Mikro MSC Bhd's ROC (Joel Greenblatt) % too high?
Mikro MSC Bhd's current ROC (Joel Greenblatt) % of 25.72% is 31% above median its 10-year median of 19.66. Over the past 10 years, this metric has ranged from a low of 9.05 to a high of 61.63. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Mikro MSC Bhd's value of 25.72% is 119.3% above this industry median. Based on the distribution chart, Mikro MSC Bhd ranks #377 out of 3060 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mikro MSC Bhd has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mikro MSC Bhd's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mikro MSC Bhd ranks #377 out of 3060 companies for ROC (Joel Greenblatt) %. This places Mikro MSC Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.73. Mikro MSC Bhd's value of 25.72% is 119.3% above this benchmark. Historically, Mikro MSC Bhd's own ROC (Joel Greenblatt) % has ranged from 9.05 to 61.63 over the past decade. While the company's 10-year median is 19.66 vs. the industry median of 11.73, Mikro MSC 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.73, based on 3,060 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. Mikro MSC Bhd's current ROC (Joel Greenblatt) % of 25.72% is 119.3% 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 Mikro MSC Bhd and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikro MSC Bhd's current ROC (Joel Greenblatt) % is 25.72%, which is 31% above median its own 10-year median of 19.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikro MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mikro MSC Bhd (XKLS:0112) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.52 — trading 136.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.72%, which is 31% above median its 10-year median of 19.66 and 119.3% above the Industrial Products industry median of 11.73. Mikro MSC Bhd's overall GF Score™ is 48/100 with 9 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 Mikro MSC Bhd (XKLS:0112), the current ROC (Joel Greenblatt) % is 25.72% 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 Mikro MSC Bhd (XKLS:0112) Overvalued in 2026?

Based on GuruFocus' analysis, Mikro MSC Bhd stock appears to be overvalued. The current stock price of RM0.52 is trading 136.4% above its estimated GF Value™ of RM0.22. GuruFocus considers Mikro MSC Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0112:

  • ROC (Joel Greenblatt) %: 25.72% (31% above median its 10-year median of 19.66)
  • GF Value™: RM0.22 vs. price of RM0.52 (136.4% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 119.3% above the Industrial Products median (#377 of 3060)

No single metric tells the full story. See the XKLS:0112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mikro MSC Bhd Business Description

Address No. 3, Jalan Anggerik Mokara 31/48, Sek 31, Kawasan Industri Kota Kemuning, Shah Alam, SGR, MYS, 40460
Mikro MSC Bhd is engaged in the research, development, design, and manufacturing of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services and manufacturing and trading of biomass fuel products. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia Segment which is engaged in R&D, and manufacturing of electronic and biomass fuel products.
48GF Score

Get the complete analysis for XKLS:0112

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.52
Price
RM0.22
GF Value