Milux Bhd (XKLS:7935) ROC (Joel Greenblatt) %: 5.17% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:7935 Milux Corp Bhd XKLS:7935
62 GF Score
Price RM0.69
GF Value RM1.20
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Milux Bhd ROC (Joel Greenblatt) %?

Milux Bhd XKLS:7935 -0.72% 62 ROC (Joel Greenblatt) % is 5.17% as of Mar. 2026. GuruFocus rates XKLS:7935 with a GF Score™ of 62/100 and a GF Value™ of RM1.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Milux Bhd ranks better than 67.67% 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. Milux Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.17%.

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

XKLS:7935' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.99   Med: -3.81   Max: 18.93
Current: 17.32

During the past 13 years, Milux Bhd's highest ROC (Joel Greenblatt) % was 18.93%. The lowest was -16.99%. And the median was -3.81%.

XKLS:7935's ROC (Joel Greenblatt) % is ranked better than
67.67% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.37 vs XKLS:7935: 17.32

Milux Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Milux Bhd  (XKLS:7935) 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.


Milux Bhd ROC (Joel Greenblatt) % Related Terms


Milux Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Milux 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.

Milux Bhd ROC (Joel Greenblatt) % Chart

Milux 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 18.93 13.93 -16.99 -10.40 15.59

Milux 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 -14.37 2.23 21.12 35.65 5.17

XKLS:7935 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Milux 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.


Milux Bhd ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Milux Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:7935
62GF Score
Milux Corp Bhd XKLS:7935
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Milux 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)
=(43.103 + 11.022 + 1.399) - (24.176 + 0 + 5.646)
=25.702

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.631 + 5.105 + 1.854) - (23.014 + 0 + 1.457)
=23.119

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Milux 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 )
=1.292/( ( (0.637 + max(25.702, 0)) + (0.557 + max(23.119, 0)) )/ 2 )
=1.292/( ( 26.339 + 23.676 )/ 2 )
=1.292/25.0075
=5.17 %

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 5.17% mean?
Milux Bhd (XKLS:7935) has a ROC (Joel Greenblatt) % of 5.17% 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 Milux Bhd and its competitors. According to the industry distribution chart, Milux Bhd ranks #140 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 32.3%.
Is Milux Bhd's ROC (Joel Greenblatt) % too high?
Milux Bhd's current ROC (Joel Greenblatt) % is 5.17%. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.37. Milux Bhd's value of 5.17% is 44.8% below this industry median. Based on the distribution chart, Milux Bhd ranks #140 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Milux Bhd has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Milux Bhd's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Milux Bhd ranks #140 out of 433 companies for ROC (Joel Greenblatt) %. This puts Milux Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.37. Milux Bhd's value of 5.17% is 44.8% below this benchmark. 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.37, based on 433 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. Milux Bhd's current ROC (Joel Greenblatt) % of 5.17% is 44.8% 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 Milux Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Milux Bhd's current ROC (Joel Greenblatt) % is 5.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milux Bhd stock overvalued right now?
Based on GuruFocus' analysis, Milux Bhd (XKLS:7935) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.20, compared to a current price of RM0.69 — trading 42.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.17% and 44.8% below the Furnishings, Fixtures & Appliances industry median of 9.37. Milux Bhd's overall GF Score™ is 62/100 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 Milux Bhd (XKLS:7935), the current ROC (Joel Greenblatt) % is 5.17% 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 Milux Bhd (XKLS:7935) Overvalued in 2026?

Based on GuruFocus' analysis, Milux Bhd stock appears to be undervalued. The current stock price of RM0.69 is trading 42.9% below its estimated GF Value™ of RM1.20. GuruFocus considers Milux Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7935:

  • ROC (Joel Greenblatt) %: 5.17%
  • GF Value™: RM1.20 vs. price of RM0.69 (42.9% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 44.8% below the Furnishings, Fixtures & Appliances median (#140 of 433)

No single metric tells the full story. See the XKLS:7935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Milux Bhd Business Description

Address Lot 753, Jalan Subang 3, Taman Perindustrian Subang, Subang Jaya, SGR, MYS, 47610
Milux Corp Bhd is engaged in trading gas and home appliances. The company through its subsidaires engages in distribution of gas and home electrical appliances under its core brand, MILUX throughout Peninsula and East Malaysia; trading of gas and home electrical appliances under OEM brands; and wholesale of construction materials. The segments of the company include Home appliance, deals in household appliances and their related products; Construction material, engaged in the business of wholesale of construction materials; and Others, engaged in Investment holding and provision of management services Its products include fan series, gas appliances, home appliances, kitchen appliances, and kitchenware.
62GF Score

Get the complete analysis for XKLS:7935

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

RM0.69
Price
RM1.20
GF Value