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Mah Sing Group BhdXKLS:8583 83 ROC (Joel Greenblatt) % is 27.15% as of Mar. 2026, which is 69% above its 10-year median of 16.07. GuruFocus rates XKLS:8583 with a GF Score™ of 83/100 and a GF Value™ of RM1.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,748 Real Estate companies, Mah Sing Group Bhd ranks better than 63.79% 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. Mah Sing Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.15%.
The historical rank and industry rank for Mah Sing Group Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:8583'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.75 Med: 16.07 Max: 31.54
Current: 31.54
During the past 13 years, Mah Sing Group Bhd's highest ROC (Joel Greenblatt) % was 31.54%. The lowest was 7.75%. And the median was 16.07%.
XKLS:8583's ROC (Joel Greenblatt) % is ranked better than 63.79% of 1748
companies
in the Real Estate industry
Industry Median: 12.85
vs XKLS:8583: 31.54
Mah Sing Group Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 26.40% per year.
Mah Sing Group Bhd (XKLS:8583) 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.
Mah Sing Group Bhd ROC (Joel Greenblatt) % Related Terms
Mah Sing Group Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mah Sing Group 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.
Mah Sing Group Bhd ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Mah Sing Group 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.
Mah Sing Group Bhd ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mah Sing Group Bhd's ROC (Joel Greenblatt) % falls into.
Mah Sing Group 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 (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 27.15% mean?
Mah Sing Group Bhd (XKLS:8583) has a ROC (Joel Greenblatt) % of 27.15% 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 Mah Sing Group Bhd and its competitors. This is 69% above median its historical median of 16.07. Over the past decade, Mah Sing Group Bhd's ROC (Joel Greenblatt) % has ranged from 7.75 to 31.54. According to the industry distribution chart, Mah Sing Group Bhd ranks #633 out of 1748 companies in the Real Estate industry, placing it in the top 36.2%.
Is Mah Sing Group Bhd's ROC (Joel Greenblatt) % too high?
Mah Sing Group Bhd's current ROC (Joel Greenblatt) % of 27.15% is 69% above median its 10-year median of 16.07. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 31.54. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Mah Sing Group Bhd's value of 27.15% is 111.3% above this industry median. Based on the distribution chart, Mah Sing Group Bhd ranks #633 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mah Sing Group Bhd has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mah Sing Group Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Mah Sing Group Bhd ranks #633 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Mah Sing Group Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. Mah Sing Group Bhd's value of 27.15% is 111.3% above this benchmark. Historically, Mah Sing Group Bhd's own ROC (Joel Greenblatt) % has ranged from 7.75 to 31.54 over the past decade. While the company's 10-year median is 16.07 vs. the industry median of 12.85, Mah Sing Group 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 12.85, based on 1,748 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. Mah Sing Group Bhd's current ROC (Joel Greenblatt) % of 27.15% is 111.3% 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 Mah Sing Group Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mah Sing Group Bhd's current ROC (Joel Greenblatt) % is 27.15%, which is 69% above median its own 10-year median of 16.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mah Sing Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mah Sing Group Bhd (XKLS:8583) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.12, compared to a current price of RM0.97 — trading 13.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.15%, which is 69% above median its 10-year median of 16.07 and 111.3% above the Real Estate industry median of 12.85. Mah Sing Group Bhd's overall GF Score™ is 83/100 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 Mah Sing Group Bhd (XKLS:8583), the current ROC (Joel Greenblatt) % is 27.15% 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 Mah Sing Group Bhd (XKLS:8583) Overvalued in 2026?
Based on GuruFocus' analysis, Mah Sing Group Bhd stock appears to be undervalued.
The current stock price of RM0.97 is trading 13.4% below its estimated GF Value™ of RM1.12.
GuruFocus considers Mah Sing Group Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:8583:
ROC (Joel Greenblatt) %: 27.15% (69% above median its 10-year median of 16.07)
GF Value™: RM1.12 vs. price of RM0.97 (13.4% below fair value)
Industry Position: 111.3% above the Real Estate median (#633 of 1748)
No single metric tells the full story. See the XKLS:8583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The Property segment, which accounts for the majority of the company's revenue, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trades a range of plastic molded products and gloves. The Investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. Geographically, it derives maximum revenue from Malaysia, followed by Indonesia, Singapore, Thailand, Philippines, United States, Australia, and other countries.
83GF Score
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