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MCE Holdings BhdXKLS:7004 80 ROC (Joel Greenblatt) % is 37.74% as of Apr. 2026, which is 2367% above its 10-year median of 1.53. GuruFocus rates XKLS:7004 with a GF Score™ of 80/100 and a GF Value™ of RM1.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,332 Vehicles & Parts companies, MCE Holdings Bhd ranks better than 80.33% 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. MCE Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 37.74%.
The historical rank and industry rank for MCE Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:7004'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.51 Med: 1.53 Max: 31.17
Current: 26.77
During the past 13 years, MCE Holdings Bhd's highest ROC (Joel Greenblatt) % was 31.17%. The lowest was -7.51%. And the median was 1.53%.
XKLS:7004's ROC (Joel Greenblatt) % is ranked better than 80.33% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 11.97
vs XKLS:7004: 26.77
MCE Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
MCE Holdings Bhd (XKLS:7004) 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.
MCE Holdings Bhd ROC (Joel Greenblatt) % Related Terms
MCE Holdings Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MCE Holdings 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:7004 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, MCE Holdings 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.
MCE Holdings Bhd ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MCE Holdings Bhd's ROC (Joel Greenblatt) % falls into.
MCE Holdings 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 (Apr. 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 37.74% mean?
MCE Holdings Bhd (XKLS:7004) has a ROC (Joel Greenblatt) % of 37.74% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on MCE Holdings Bhd and its competitors. This is 2367% above median its historical median of 1.53. According to the industry distribution chart, MCE Holdings Bhd ranks #262 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 19.7%.
Is MCE Holdings Bhd's ROC (Joel Greenblatt) % too high?
MCE Holdings Bhd's current ROC (Joel Greenblatt) % of 37.74% is 2367% above median its 10-year median of 1.53. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. MCE Holdings Bhd's value of 37.74% is 215.3% above this industry median. Based on the distribution chart, MCE Holdings Bhd ranks #262 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, MCE Holdings Bhd has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MCE Holdings Bhd's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MCE Holdings Bhd ranks #262 out of 1332 companies for ROC (Joel Greenblatt) %. This places MCE Holdings Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.97. MCE Holdings Bhd's value of 37.74% is 215.3% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 11.97, MCE Holdings 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,332 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. MCE Holdings Bhd's current ROC (Joel Greenblatt) % of 37.74% is 215.3% 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 MCE Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCE Holdings Bhd's current ROC (Joel Greenblatt) % is 37.74%, which is 2367% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MCE Holdings Bhd (XKLS:7004) is currently considered Fairly Valued. The stock's GF Value™ is RM1.61, compared to a current price of RM1.50 — trading 6.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 37.74%, which is 2367% above median its 10-year median of 1.53 and 215.3% above the Vehicles & Parts industry median of 11.97. MCE Holdings Bhd's overall GF Score™ is 80/100 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 MCE Holdings Bhd (XKLS:7004), the current ROC (Joel Greenblatt) % is 37.74% as of Apr. 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 MCE Holdings Bhd (XKLS:7004) Overvalued in 2026?
Based on GuruFocus' analysis, MCE Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.50 is trading 6.8% below its estimated GF Value™ of RM1.61.
GuruFocus considers MCE Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:7004:
ROC (Joel Greenblatt) %: 37.74% (2367% above median its 10-year median of 1.53)
GF Value™: RM1.61 vs. price of RM1.50 (6.8% below fair value)
Industry Position: 215.3% above the Vehicles & Parts median (#262 of 1332)
No single metric tells the full story. See the XKLS:7004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.
80GF Score
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