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MTAG Group BhdXKLS:0213 48 ROC (Joel Greenblatt) % is 12.49% as of Mar. 2026, which is 77% below its 10-year median of 54.71. GuruFocus rates XKLS:0213 with a GF Score™ of 48/100 and a GF Value™ of RM0.19 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,083 Business Services companies, MTAG Group Bhd ranks worse than 54.02% 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. MTAG Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.49%.
The historical rank and industry rank for MTAG Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:0213'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.87 Med: 54.71 Max: 88.84
Current: 17.87
During the past 10 years, MTAG Group Bhd's highest ROC (Joel Greenblatt) % was 88.84%. The lowest was 17.87%. And the median was 54.71%.
XKLS:0213's ROC (Joel Greenblatt) % is ranked worse than 54.02% of 1083
companies
in the Business Services industry
Industry Median: 21.2
vs XKLS:0213: 17.87
MTAG Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.90% per year.
MTAG Group Bhd (XKLS:0213) 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.
MTAG Group Bhd ROC (Joel Greenblatt) % Related Terms
MTAG Group Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MTAG 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:0213 vs CTAS, CPRT, ULS: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, MTAG 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.
MTAG Group Bhd ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, MTAG Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MTAG Group Bhd's ROC (Joel Greenblatt) % falls into.
MTAG Group 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 12.49% mean?
MTAG Group Bhd (XKLS:0213) has a ROC (Joel Greenblatt) % of 12.49% 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 MTAG Group Bhd and its competitors. This is 77% below median its historical median of 54.71. Over the past decade, MTAG Group Bhd's ROC (Joel Greenblatt) % has ranged from 17.87 to 88.84. According to the industry distribution chart, MTAG Group Bhd ranks #585 out of 1083 companies in the Business Services industry, placing it in the top 54%.
Is MTAG Group Bhd's ROC (Joel Greenblatt) % too high?
MTAG Group Bhd's current ROC (Joel Greenblatt) % of 12.49% is 77% below median its 10-year median of 54.71. Over the past 10 years, this metric has ranged from a low of 17.87 to a high of 88.84. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. MTAG Group Bhd's value of 12.49% is 41.1% below this industry median. Based on the distribution chart, MTAG Group Bhd ranks #585 out of 1083 companies in the Business Services industry, which is below the industry midpoint. Overall, MTAG Group Bhd has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAG Group Bhd's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MTAG Group Bhd ranks #585 out of 1083 companies for ROC (Joel Greenblatt) %. This places MTAG Group Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.20. MTAG Group Bhd's value of 12.49% is 41.1% below this benchmark. Historically, MTAG Group Bhd's own ROC (Joel Greenblatt) % has ranged from 17.87 to 88.84 over the past decade. While the company's 10-year median is 54.71 vs. the industry median of 21.20, MTAG 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,083 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. MTAG Group Bhd's current ROC (Joel Greenblatt) % of 12.49% is 41.1% 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 MTAG Group Bhd and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAG Group Bhd's current ROC (Joel Greenblatt) % is 12.49%, which is 77% below median its own 10-year median of 54.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAG Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, MTAG Group Bhd (XKLS:0213) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.22 — trading 15.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.49%, which is 77% below median its 10-year median of 54.71 and 41.1% below the Business Services industry median of 21.20. MTAG Group Bhd's overall GF Score™ is 48/100 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 MTAG Group Bhd (XKLS:0213), the current ROC (Joel Greenblatt) % is 12.49% 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 MTAG Group Bhd (XKLS:0213) Overvalued in 2026?
Based on GuruFocus' analysis, MTAG Group Bhd stock appears to be overvalued.
The current stock price of RM0.22 is trading 15.8% above its estimated GF Value™ of RM0.19.
GuruFocus considers MTAG Group Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0213:
ROC (Joel Greenblatt) %: 12.49% (77% below median its 10-year median of 54.71)
GF Value™: RM0.19 vs. price of RM0.22 (15.8% above fair value)
Industry Position: 41.1% below the Business Services median (#585 of 1083)
No single metric tells the full story. See the XKLS:0213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAG Group Bhd is a converter company providing the services of label and sticker printing and customized converting services for various materials. In addition, it distributes industrial tapes and adhesive products under the brands 3M and Henkel. Its segments consist of Converting, Distribution and Investment holding. The company operates in Malaysia. It derives maximum revenue from Converting Segment. The products of the company include Toyo Sho, Intag Industrial and Intag Steel.
48GF Score
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