Malayan Flour Mills Bhd (XKLS:3662) ROC (Joel Greenblatt) %: 20.80% (As of Mar. 2026) — 144% Above Median

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XKLS:3662 Malayan Flour Mills Bhd XKLS:3662
47 GF Score
Price RM0.59
GF Value RM0.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Malayan Flour Mills Bhd ROC (Joel Greenblatt) %?

Malayan Flour Mills Bhd XKLS:3662 47 ROC (Joel Greenblatt) % is 20.80% as of Mar. 2026, which is 144% above its 10-year median of 8.53. GuruFocus rates XKLS:3662 with a GF Score™ of 47/100 and a GF Value™ of RM0.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Malayan Flour Mills Bhd ranks better than 67.53% 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. Malayan Flour Mills Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.80%.

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

XKLS:3662' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.23   Med: 8.53   Max: 19.42
Current: 19.42

During the past 13 years, Malayan Flour Mills Bhd's highest ROC (Joel Greenblatt) % was 19.42%. The lowest was 4.23%. And the median was 8.53%.

XKLS:3662's ROC (Joel Greenblatt) % is ranked better than
67.53% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs XKLS:3662: 19.42

Malayan Flour Mills Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.50% per year.


Malayan Flour Mills Bhd  (XKLS:3662) 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.


Malayan Flour Mills Bhd ROC (Joel Greenblatt) % Related Terms


Malayan Flour Mills Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Malayan Flour Mills 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.

Malayan Flour Mills Bhd ROC (Joel Greenblatt) % Chart

Malayan Flour Mills 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 7.94 16.59 6.48 11.94 18.95

Malayan Flour Mills 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 17.53 16.40 20.01 22.34 20.80

XKLS:3662 vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Malayan Flour Mills 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.


Malayan Flour Mills Bhd ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Malayan Flour Mills Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Malayan Flour Mills Bhd's ROC (Joel Greenblatt) % falls into.


XKLS:3662
47GF Score
Malayan Flour Mills Bhd XKLS:3662
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malayan Flour Mills 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)
=(386.627 + 498.356 + 43.227) - (167.259 + 0 + 21.914)
=739.037

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(382.21 + 672.517 + 6.2969999999998) - (103.749 + 0 + 0)
=957.275

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Malayan Flour Mills 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 )
=277.704/( ( (474.463 + max(739.037, 0)) + (498.95 + max(957.275, 0)) )/ 2 )
=277.704/( ( 1213.5 + 1456.225 )/ 2 )
=277.704/1334.8625
=20.80 %

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 20.80% mean?
Malayan Flour Mills Bhd (XKLS:3662) has a ROC (Joel Greenblatt) % of 20.80% 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 Malayan Flour Mills Bhd and its competitors. This is 144% above median its historical median of 8.53. Over the past decade, Malayan Flour Mills Bhd's ROC (Joel Greenblatt) % has ranged from 4.23 to 19.42. According to the industry distribution chart, Malayan Flour Mills Bhd ranks #643 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 32.5%.
Is Malayan Flour Mills Bhd's ROC (Joel Greenblatt) % too high?
Malayan Flour Mills Bhd's current ROC (Joel Greenblatt) % of 20.80% is 144% above median its 10-year median of 8.53. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 19.42. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Malayan Flour Mills Bhd's value of 20.80% is 73.5% above this industry median. Based on the distribution chart, Malayan Flour Mills Bhd ranks #643 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Malayan Flour Mills Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Flour Mills Bhd's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Malayan Flour Mills Bhd ranks #643 out of 1980 companies for ROC (Joel Greenblatt) %. This puts Malayan Flour Mills Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Malayan Flour Mills Bhd's value of 20.80% is 73.5% above this benchmark. Historically, Malayan Flour Mills Bhd's own ROC (Joel Greenblatt) % has ranged from 4.23 to 19.42 over the past decade. While the company's 10-year median is 8.53 vs. the industry median of 11.99, Malayan Flour Mills 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 1,980 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. Malayan Flour Mills Bhd's current ROC (Joel Greenblatt) % of 20.80% is 73.5% 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 Malayan Flour Mills 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. Malayan Flour Mills Bhd's current ROC (Joel Greenblatt) % is 20.80%, which is 144% above median its own 10-year median of 8.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Flour Mills Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Flour Mills Bhd (XKLS:3662) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.66, compared to a current price of RM0.59 — trading 11.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.80%, which is 144% above median its 10-year median of 8.53 and 73.5% above the Consumer Packaged Goods industry median of 11.99. Malayan Flour Mills Bhd's overall GF Score™ is 47/100 with 3 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 Malayan Flour Mills Bhd (XKLS:3662), the current ROC (Joel Greenblatt) % is 20.80% 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 Malayan Flour Mills Bhd (XKLS:3662) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Flour Mills Bhd stock appears to be undervalued. The current stock price of RM0.59 is trading 11.4% below its estimated GF Value™ of RM0.66. GuruFocus considers Malayan Flour Mills Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3662:

  • ROC (Joel Greenblatt) %: 20.80% (144% above median its 10-year median of 8.53)
  • GF Value™: RM0.66 vs. price of RM0.59 (11.4% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 73.5% above the Consumer Packaged Goods median (#643 of 1980)

No single metric tells the full story. See the XKLS:3662 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Flour Mills Bhd Business Description

Address 165 Jalan Ampang, Suite 25.01, Level 25, Menara Citibank, Kuala Lumpur, SGR, MYS, 50450
Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. The company generstes maximum revenue from the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.
47GF Score

Get the complete analysis for XKLS:3662

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

RM0.59
Price
RM0.66
GF Value