Malayan United Industries Bhd (XKLS:3891) ROC %: -4.23% (As of Mar. 2026)


What is Malayan United Industries Bhd ROC %?

Malayan United Industries Bhd XKLS:3891 ROC % is -4.23% as of Mar. 2026. The stock has 5 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Malayan United Industries Bhd's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -4.23%.

As of today (2026-07-04), Malayan United Industries Bhd's WACC % is 13.92%. Malayan United Industries Bhd's ROC % is 5.04% (calculated using TTM income statement data). Malayan United Industries Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Malayan United Industries Bhd  (XKLS:3891) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Malayan United Industries Bhd's WACC % is 13.92%. Malayan United Industries Bhd's ROC % is 5.04% (calculated using TTM income statement data). Malayan United Industries Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Malayan United Industries Bhd ROC % Related Terms

Malayan United Industries Bhd ROC % Historical Data

* Premium members only.

The historical data trend for Malayan United Industries Bhd's ROC % 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.

Malayan United Industries Bhd ROC % Chart

Malayan United Industries Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.12 1.06 0.33 -0.80 0.60

Malayan United Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 -0.72 -1.89 29.87 0.00 -4.23

Malayan United Industries Bhd ROC % Calculation

Malayan United Industries Bhd's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2025 is calculated as:

ROC % (A: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2024 ) + Invested Capital (A: Jun. 2025 ))/ count )
=15.436 * ( 1 - 0% )/( (2711.231 + 2403.991)/ 2 )
=15.436/2557.611
=0.60 %

where

Invested Capital(A: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2465.328 - 255.666 - ( 211.484 - max(0, 883.8 - 382.231+211.484))
=2711.231

Invested Capital(A: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2435.095 - 122.153 - ( 166.225 - max(0, 563.207 - 472.158+166.225))
=2403.991

Malayan United Industries Bhd's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-77.456 * ( 1 - 0% )/( (1905.193 + 1761.274)/ 2 )
=-77.456/1833.2335
=-4.23 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2419.687 - 201.049 - ( 314.745 - max(0, 463.997 - 777.442+314.745))
=1905.193

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2201.2 - 184.011 - ( 290.415 - max(0, 270.213 - 526.128+290.415))
=1761.274

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -4.23% mean?
Malayan United Industries Bhd (XKLS:3891) has a ROC % of -4.23% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Malayan United Industries Bhd and its competitors.
Is Malayan United Industries Bhd's ROC % too high?
Malayan United Industries Bhd's current ROC % is -4.23%.
How does Malayan United Industries Bhd's ROC % compare to MAR and HLT?
Malayan United Industries Bhd's ROC % of -4.23% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.76. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.76, based on 832 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Malayan United Industries Bhd and its competitors. For the Travel & Leisure industry, the median ROC % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malayan United Industries Bhd's current ROC % is -4.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan United Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan United Industries Bhd (XKLS:3891) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.11, compared to a current price of RM0.05 — trading 59.1% below its estimated fair value. The current ROC % is -4.23%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Malayan United Industries Bhd (XKLS:3891), the current ROC % is -4.23% 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.

Malayan United Industries Bhd Business Description

Address 189 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450
Malayan United Industries Bhd is a Malaysia-based investment holding company. The company through its associate design, manufacture, source, distributes and sells garments, accessories and home furnishings products. The company's operating segment includes Retailing; Hotel; Food; Fast Food Chain; Property; and others. It generates maximum revenue from the Fast Food Chain segment. Hotel segment includes operating chain of restaurants. Geographically, it derives a majority of revenue from Malaysia, and has its presence in Asia-Pacific, Australia, North America, and United Kingdom.