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Mieco BhdXKLS:5001 32 ROC (Joel Greenblatt) % is 4.19% as of Jun. 2026, which is 115% above its 10-year median of 1.95. GuruFocus rates XKLS:5001 with a GF Score™ of 32/100 and a GF Value™ of RM0.54 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 284 Forest Products companies, Mieco Bhd ranks worse than 71.48% 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. Mieco Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.19%.
The historical rank and industry rank for Mieco Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:5001'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.81 Med: 1.95 Max: 18.75
Current: -1.6
During the past 13 years, Mieco Bhd's highest ROC (Joel Greenblatt) % was 18.75%. The lowest was -9.81%. And the median was 1.95%.
XKLS:5001's ROC (Joel Greenblatt) % is ranked worse than 71.48% of 284
companies
in the Forest Products industry
Industry Median: 4.925
vs XKLS:5001: -1.60
Mieco Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mieco Bhd (XKLS:5001) 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.
The historical data trend for Mieco 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:5001 vs SSD, UFPI, BCC: ROC (Joel Greenblatt) % Comparison
For the Lumber & Wood Production subindustry, Mieco 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.
Mieco Bhd ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mieco Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mieco Bhd's ROC (Joel Greenblatt) % falls into.
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 (Jun. 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 4.19% mean?
Mieco Bhd (XKLS:5001) has a ROC (Joel Greenblatt) % of 4.19% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mieco Bhd and its competitors. This is 115% above median its historical median of 1.95. According to the industry distribution chart, Mieco Bhd ranks #203 out of 284 companies in the Forest Products industry, placing it in the top 71.5%.
Is Mieco Bhd's ROC (Joel Greenblatt) % too high?
Mieco Bhd's current ROC (Joel Greenblatt) % of 4.19% is 115% above median its 10-year median of 1.95. The Forest Products industry median ROC (Joel Greenblatt) % is 4.93. Mieco Bhd's value of 4.19% is 14.9% below this industry median. Based on the distribution chart, Mieco Bhd ranks #203 out of 284 companies in the Forest Products industry, which is below the industry midpoint. Overall, Mieco Bhd has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mieco Bhd's ROC (Joel Greenblatt) % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Mieco Bhd ranks #203 out of 284 companies for ROC (Joel Greenblatt) %. This places Mieco Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.93. Mieco Bhd's value of 4.19% is 14.9% below this benchmark. While the company's 10-year median is 1.95 vs. the industry median of 4.93, Mieco 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.93, based on 284 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. Mieco Bhd's current ROC (Joel Greenblatt) % of 4.19% is 14.9% 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 Mieco Bhd and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mieco Bhd's current ROC (Joel Greenblatt) % is 4.19%, which is 115% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mieco Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mieco Bhd (XKLS:5001) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.54, compared to a current price of RM0.64 — trading 18.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.19%, which is 115% above median its 10-year median of 1.95 and 14.9% below the Forest Products industry median of 4.93. Mieco Bhd's overall GF Score™ is 32/100 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 Mieco Bhd (XKLS:5001), the current ROC (Joel Greenblatt) % is 4.19% as of Jun. 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 Mieco Bhd (XKLS:5001) Overvalued in 2026?
Based on GuruFocus' analysis, Mieco Bhd stock appears to be overvalued.
The current stock price of RM0.64 is trading 18.5% above its estimated GF Value™ of RM0.54.
GuruFocus considers Mieco Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5001:
ROC (Joel Greenblatt) %: 4.19% (115% above median its 10-year median of 1.95)
GF Value™: RM0.54 vs. price of RM0.64 (18.5% above fair value)
Industry Position: 14.9% below the Forest Products median (#203 of 284)
No single metric tells the full story. See the XKLS:5001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mieco Bhd, formerly known as Mieco Chipboard Bhd, is engaged in investment holding and the provision of management services. Through its subsidiaries, the company engages in the manufacturing and marketing of chipboard-related products, particle boards, and medium-density fibre boards, as well as the manufacturing and trading of moulded timber, furniture products, and timber treatment processing. Its products include particleboard, MFC, HPL. EDGEPRO, Reforestation, MDF, Rubberwood raw material, and wooden furniture. The company operates within one segment, that is, manufacturing and sales of wood-based products. Geographical locations include Malaysia, Hong Kong and China, and Others.
32GF Score
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