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MK Land Holdings BhdXKLS:8893 +3.57%45 ROC (Joel Greenblatt) % is 6.07% as of Mar. 2026, which is 55% below its 10-year median of 13.55. GuruFocus rates XKLS:8893 with a GF Score™ of 45/100 and a GF Value™ of RM0.15 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,749 Real Estate companies, MK Land Holdings Bhd ranks better than 52.43% 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. MK Land Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.07%.
The historical rank and industry rank for MK Land Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
XKLS:8893'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.79 Med: 13.55 Max: 18.22
Current: 15.27
During the past 13 years, MK Land Holdings Bhd's highest ROC (Joel Greenblatt) % was 18.22%. The lowest was 10.79%. And the median was 13.55%.
XKLS:8893's ROC (Joel Greenblatt) % is ranked better than 52.43% of 1749
companies
in the Real Estate industry
Industry Median: 12.88
vs XKLS:8893: 15.27
MK Land Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.30% per year.
MK Land Holdings Bhd (XKLS:8893) 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.
MK Land Holdings Bhd ROC (Joel Greenblatt) % Related Terms
MK Land Holdings Bhd ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MK Land 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.
MK Land Holdings Bhd ROC (Joel Greenblatt) % Chart
MK Land Holdings Bhd ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, MK Land 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.
MK Land Holdings Bhd ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MK Land Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MK Land Holdings Bhd's ROC (Joel Greenblatt) % falls into.
MK Land 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 (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 6.07% mean?
MK Land Holdings Bhd (XKLS:8893) has a ROC (Joel Greenblatt) % of 6.07% 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 MK Land Holdings Bhd and its competitors. This is 55% below median its historical median of 13.55. Over the past decade, MK Land Holdings Bhd's ROC (Joel Greenblatt) % has ranged from 10.79 to 18.22. According to the industry distribution chart, MK Land Holdings Bhd ranks #832 out of 1749 companies in the Real Estate industry, placing it in the top 47.6%.
Is MK Land Holdings Bhd's ROC (Joel Greenblatt) % too high?
MK Land Holdings Bhd's current ROC (Joel Greenblatt) % of 6.07% is 55% below median its 10-year median of 13.55. Over the past 10 years, this metric has ranged from a low of 10.79 to a high of 18.22. The Real Estate industry median ROC (Joel Greenblatt) % is 12.88. MK Land Holdings Bhd's value of 6.07% is 52.9% below this industry median. Based on the distribution chart, MK Land Holdings Bhd ranks #832 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, MK Land Holdings Bhd has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MK Land Holdings Bhd's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, MK Land Holdings Bhd ranks #832 out of 1749 companies for ROC (Joel Greenblatt) %. This puts MK Land Holdings Bhd in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.88. MK Land Holdings Bhd's value of 6.07% is 52.9% below this benchmark. Historically, MK Land Holdings Bhd's own ROC (Joel Greenblatt) % has ranged from 10.79 to 18.22 over the past decade. While the company's 10-year median is 13.55 vs. the industry median of 12.88, MK Land Holdings 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.88, based on 1,749 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. MK Land Holdings Bhd's current ROC (Joel Greenblatt) % of 6.07% is 52.9% 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 MK Land Holdings Bhd and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MK Land Holdings Bhd's current ROC (Joel Greenblatt) % is 6.07%, which is 55% below median its own 10-year median of 13.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Land Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MK Land Holdings Bhd (XKLS:8893) is currently considered Fairly Valued. The stock's GF Value™ is RM0.15, compared to a current price of RM0.15 — trading 3.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.07%, which is 55% below median its 10-year median of 13.55 and 52.9% below the Real Estate industry median of 12.88. MK Land Holdings Bhd's overall GF Score™ is 45/100 with 7 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 MK Land Holdings Bhd (XKLS:8893), the current ROC (Joel Greenblatt) % is 6.07% 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 MK Land Holdings Bhd (XKLS:8893) Overvalued in 2026?
Based on GuruFocus' analysis, MK Land Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.15 is trading 3.3% below its estimated GF Value™ of RM0.15.
GuruFocus considers MK Land Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:8893:
ROC (Joel Greenblatt) %: 6.07% (55% below median its 10-year median of 13.55)
GF Value™: RM0.15 vs. price of RM0.15 (3.3% below fair value)
Industry Position: 52.9% below the Real Estate median (#832 of 1749)
No single metric tells the full story. See the XKLS:8893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MK Land Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in property development, operator and owner of resort, hotel and theme park, investment holding, property investment, solar power producer and provision of educational services. The company's reportable operating segments are as follows: (i) Property development - the development of mixed properties and its related activities; (ii) Leisure - operation of resorts/hotels and theme parks; (iii) Investment holding - investments in subsidiaries and property investment; and (iv) Solar - solar power producer. The majority of revenue is generated from the sale of property under development. Geographically, the company predominantly operates in Malaysia.
45GF Score
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