Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MKH BhdXKLS:6114 43 ROC (Joel Greenblatt) % is 23.24% as of Mar. 2026, which is 2% below its 10-year median of 23.67. GuruFocus rates XKLS:6114 with a GF Score™ of 43/100 and a GF Value™ of RM0.91 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,750 Real Estate companies, MKH Bhd ranks better than 57.54% 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. MKH Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.24%.
The historical rank and industry rank for MKH Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:6114'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.57 Med: 23.67 Max: 73.22
Current: 19.93
During the past 13 years, MKH Bhd's highest ROC (Joel Greenblatt) % was 73.22%. The lowest was 18.57%. And the median was 23.67%.
XKLS:6114's ROC (Joel Greenblatt) % is ranked better than 57.54% of 1750
companies
in the Real Estate industry
Industry Median: 12.795
vs XKLS:6114: 19.93
MKH Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.80% per year.
MKH Bhd (XKLS:6114) 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 MKH 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.
MKH Bhd ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, MKH 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.
MKH Bhd ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MKH Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MKH 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 (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 23.24% mean?
MKH Bhd (XKLS:6114) has a ROC (Joel Greenblatt) % of 23.24% 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 MKH Bhd and its competitors. This is near median its historical median of 23.67. Over the past decade, MKH Bhd's ROC (Joel Greenblatt) % has ranged from 18.57 to 73.22. According to the industry distribution chart, MKH Bhd ranks #743 out of 1750 companies in the Real Estate industry, placing it in the top 42.5%.
Is MKH Bhd's ROC (Joel Greenblatt) % too high?
MKH Bhd's current ROC (Joel Greenblatt) % of 23.24% is near median its 10-year median of 23.67. Over the past 10 years, this metric has ranged from a low of 18.57 to a high of 73.22. The Real Estate industry median ROC (Joel Greenblatt) % is 12.80. MKH Bhd's value of 23.24% is 81.6% above this industry median. Based on the distribution chart, MKH Bhd ranks #743 out of 1750 companies in the Real Estate industry, which is above the industry midpoint. Overall, MKH Bhd has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKH Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, MKH Bhd ranks #743 out of 1750 companies for ROC (Joel Greenblatt) %. This puts MKH Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.80. MKH Bhd's value of 23.24% is 81.6% above this benchmark. Historically, MKH Bhd's own ROC (Joel Greenblatt) % has ranged from 18.57 to 73.22 over the past decade. While the company's 10-year median is 23.67 vs. the industry median of 12.80, MKH 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.80, based on 1,750 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. MKH Bhd's current ROC (Joel Greenblatt) % of 23.24% is 81.6% 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 MKH Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKH Bhd's current ROC (Joel Greenblatt) % is 23.24%, which is near median its own 10-year median of 23.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKH Bhd stock overvalued right now?
Based on GuruFocus' analysis, MKH Bhd (XKLS:6114) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.91, compared to a current price of RM1.96 — trading 115.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 23.24%, which is near median its 10-year median of 23.67 and 81.6% above the Real Estate industry median of 12.80. MKH Bhd's overall GF Score™ is 43/100 with 12 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 MKH Bhd (XKLS:6114), the current ROC (Joel Greenblatt) % is 23.24% 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 MKH Bhd (XKLS:6114) Overvalued in 2026?
Based on GuruFocus' analysis, MKH Bhd stock appears to be overvalued.
The current stock price of RM1.96 is trading 115.4% above its estimated GF Value™ of RM0.91.
GuruFocus considers MKH Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:6114:
ROC (Joel Greenblatt) %: 23.24% (near median its 10-year median of 23.67)
GF Value™: RM0.91 vs. price of RM1.96 (115.4% above fair value)
Industry Position: 81.6% above the Real Estate median (#743 of 1750)
No single metric tells the full story. See the XKLS:6114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MKH Bhd is an investment holding and management service company. The group's principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; Trading; Manufacturing and Investment holding. It generates maximum revenue from Property Development and Construction segment. Geographically, it derives a majority of its revenue from Malaysia.
43GF Score
Get the complete analysis for XKLS:6114
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:6114 has been successfully added to your 
