Dutch Lady Milk Industries Bhd (XKLS:3026) ROC (Joel Greenblatt) %: 26.93% (As of Mar. 2026) — 69% Below Median

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XKLS:3026 Dutch Lady Milk Industries Bhd XKLS:3026
84 GF Score
Price RM32.00
GF Value RM31.06
Valuation Fairly Valued
! 5 Warning Signs
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What is Dutch Lady Milk Industries Bhd ROC (Joel Greenblatt) %?

Dutch Lady Milk Industries Bhd XKLS:3026 84 ROC (Joel Greenblatt) % is 26.93% as of Mar. 2026, which is 69% below its 10-year median of 86.46. GuruFocus rates XKLS:3026 with a GF Score™ of 84/100 and a GF Value™ of RM31.06 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,979 Consumer Packaged Goods companies, Dutch Lady Milk Industries Bhd ranks better than 75.39% 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. Dutch Lady Milk Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.93%.

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

XKLS:3026' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.83   Med: 86.46   Max: 215.67
Current: 25.75

During the past 13 years, Dutch Lady Milk Industries Bhd's highest ROC (Joel Greenblatt) % was 215.67%. The lowest was 18.83%. And the median was 86.46%.

XKLS:3026's ROC (Joel Greenblatt) % is ranked better than
75.39% of 1979 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs XKLS:3026: 25.75

Dutch Lady Milk Industries Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -22.90% per year.


Dutch Lady Milk Industries Bhd  (XKLS:3026) 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.


Dutch Lady Milk Industries Bhd ROC (Joel Greenblatt) % Related Terms


Dutch Lady Milk Industries Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dutch Lady Milk Industries 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.

Dutch Lady Milk Industries Bhd ROC (Joel Greenblatt) % Chart

Dutch Lady Milk Industries Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.82 18.83 23.52 23.21 24.70

Dutch Lady Milk Industries 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 22.18 21.44 24.95 29.67 26.93

XKLS:3026 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Dutch Lady Milk Industries 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.


Dutch Lady Milk Industries Bhd ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dutch Lady Milk Industries Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dutch Lady Milk Industries Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:3026
84GF Score
Dutch Lady Milk Industries Bhd XKLS:3026
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dutch Lady Milk Industries 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)
=(109.187 + 219.492 + 8.155) - (317.988 + 0 + 75.344)
=-56.498

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(137.169 + 187.489 + 8.141) - (340.577 + 0 + 5.411)
=-13.189

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dutch Lady Milk Industries 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 )
=169.632/( ( (631.87 + max(-56.498, 0)) + (628.009 + max(-13.189, 0)) )/ 2 )
=169.632/( ( 631.87 + 628.009 )/ 2 )
=169.632/629.9395
=26.93 %

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 26.93% mean?
Dutch Lady Milk Industries Bhd (XKLS:3026) has a ROC (Joel Greenblatt) % of 26.93% 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 Dutch Lady Milk Industries Bhd and its competitors. This is 69% below median its historical median of 86.46. Over the past decade, Dutch Lady Milk Industries Bhd's ROC (Joel Greenblatt) % has ranged from 18.83 to 215.67. According to the industry distribution chart, Dutch Lady Milk Industries Bhd ranks #487 out of 1979 companies in the Consumer Packaged Goods industry, placing it in the top 24.6%.
Is Dutch Lady Milk Industries Bhd's ROC (Joel Greenblatt) % too high?
Dutch Lady Milk Industries Bhd's current ROC (Joel Greenblatt) % of 26.93% is 69% below median its 10-year median of 86.46. Over the past 10 years, this metric has ranged from a low of 18.83 to a high of 215.67. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Dutch Lady Milk Industries Bhd's value of 26.93% is 124.6% above this industry median. Based on the distribution chart, Dutch Lady Milk Industries Bhd ranks #487 out of 1979 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Dutch Lady Milk Industries Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dutch Lady Milk Industries Bhd's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Dutch Lady Milk Industries Bhd ranks #487 out of 1979 companies for ROC (Joel Greenblatt) %. This places Dutch Lady Milk Industries Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Dutch Lady Milk Industries Bhd's value of 26.93% is 124.6% above this benchmark. Historically, Dutch Lady Milk Industries Bhd's own ROC (Joel Greenblatt) % has ranged from 18.83 to 215.67 over the past decade. While the company's 10-year median is 86.46 vs. the industry median of 11.99, Dutch Lady Milk Industries 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 a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,979 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. Dutch Lady Milk Industries Bhd's current ROC (Joel Greenblatt) % of 26.93% is 124.6% 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 Dutch Lady Milk Industries 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. Dutch Lady Milk Industries Bhd's current ROC (Joel Greenblatt) % is 26.93%, which is 69% below median its own 10-year median of 86.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dutch Lady Milk Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dutch Lady Milk Industries Bhd (XKLS:3026) is currently considered Fairly Valued. The stock's GF Value™ is RM31.06, compared to a current price of RM32.00 — trading 3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 26.93%, which is 69% below median its 10-year median of 86.46 and 124.6% above the Consumer Packaged Goods industry median of 11.99. Dutch Lady Milk Industries Bhd's overall GF Score™ is 84/100 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 Dutch Lady Milk Industries Bhd (XKLS:3026), the current ROC (Joel Greenblatt) % is 26.93% 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 Dutch Lady Milk Industries Bhd (XKLS:3026) Overvalued in 2026?

Based on GuruFocus' analysis, Dutch Lady Milk Industries Bhd stock appears to be overvalued. The current stock price of RM32.00 is trading 3% above its estimated GF Value™ of RM31.06. GuruFocus considers Dutch Lady Milk Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:3026:

  • ROC (Joel Greenblatt) %: 26.93% (69% below median its 10-year median of 86.46)
  • GF Value™: RM31.06 vs. price of RM32.00 (3% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 124.6% above the Consumer Packaged Goods median (#487 of 1979)

No single metric tells the full story. See the XKLS:3026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dutch Lady Milk Industries Bhd Business Description

Address 112, Jalan Prof. Khoo Kay Kim, Level 5, Quill 9, Petaling Jaya, SGR, MYS, 46300
Dutch Lady Milk Industries Bhd is a Malaysia-based company that manufactures and distributes a wide range of dairy products, such as specialized powders for infants and growing-up children, liquid milk in different packaging formats, and yogurts. The Company markets these products under various brand names such as Dutch Lady, Dutch Baby, Frisolac, Friso Gold, and Dutch Lady PureFarm.
84GF Score

Get the complete analysis for XKLS:3026

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

RM32.00
Price
RM31.06
GF Value