MKH Bhd (XKLS:6114) ROC %: 2.33% (As of Mar. 2026)


XKLS:6114 MKH Bhd XKLS:6114
43 GF Score
Price RM1.95
GF Value RM0.91
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is MKH Bhd ROC %?

MKH Bhd XKLS:6114 43 ROC % is 2.33% as of Mar. 2026. GuruFocus rates XKLS:6114 with a GF Score™ of 43/100 and a GF Value™ of RM0.91 (Significantly Overvalued). The stock has 12 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 %. MKH Bhd's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.33%.

As of today (2026-06-27), MKH Bhd's WACC % is -0.34%. MKH Bhd's ROC % is 3.66% (calculated using TTM income statement data). MKH Bhd generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


MKH Bhd  (XKLS:6114) 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, MKH Bhd's WACC % is -0.34%. MKH Bhd's ROC % is 3.66% (calculated using TTM income statement data). MKH Bhd generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


MKH Bhd ROC % Related Terms


MKH Bhd ROC % Historical Data

* Premium members only.

The historical data trend for MKH 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.

MKH Bhd ROC % Chart

MKH Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 5.51 3.76 4.62 4.85

MKH 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 3.63 4.03 5.45 2.01 2.33
XKLS:6114
43GF Score
MKH Bhd XKLS:6114
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MKH Bhd ROC % Calculation

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

ROC % (A: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2024 ) + Invested Capital (A: Sep. 2025 ))/ count )
=183.382 * ( 1 - 32.45% )/( (2575.246 + 2528.266)/ 2 )
=123.874541/2551.756
=4.85 %

where

Invested Capital(A: Sep. 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))
=3424.884 - 441.045 - ( 408.593 - max(0, 828.281 - 1671.941+408.593))
=2575.246

Invested Capital(A: Sep. 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))
=3387.51 - 394.27 - ( 464.974 - max(0, 874.127 - 1696.416+464.974))
=2528.266

MKH 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 )
=64.192 * ( 1 - 16.99% )/( (2281.167 + 2296.079)/ 2 )
=53.2857792/2288.623
=2.33 %

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))
=3362.756 - 401.44 - ( 680.149 - max(0, 841.595 - 1674.141+680.149))
=2281.167

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))
=3274.925 - 365.2 - ( 613.646 - max(0, 752.406 - 1616.863+613.646))
=2296.079

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 2.33% mean?
MKH Bhd (XKLS:6114) has a ROC % of 2.33% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on MKH Bhd and its competitors.
Is MKH Bhd's ROC % too high?
MKH Bhd's current ROC % is 2.33%. The Real Estate industry median ROC % is 2.19. MKH Bhd's value of 2.33% is 6.4% above this industry median. Overall, MKH Bhd has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKH Bhd's ROC % compare to competitors?
MKH Bhd's ROC % of 2.33% can be compared against companies in the Real Estate industry. The industry median ROC % is 2.19. MKH Bhd's value of 2.33% is 6.4% above 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 % for a Real Estate company?
The median ROC % among Real Estate companies is 2.19, based on 1,757 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. MKH Bhd's current ROC % of 2.33% is 6.4% 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 % 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 MKH Bhd and its competitors. For the Real Estate industry, the median ROC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKH Bhd's current ROC % is 2.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKH Bhd stock overvalued right now?
Based on GuruFocus' analysis, MKH Bhd (XKLS:6114) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.91, compared to a current price of RM1.95 — trading 114.3% above its estimated fair value. The current ROC % is 2.33% and 6.4% above the Real Estate industry median of 2.19. MKH Bhd's overall GF Score™ is 43/100 with 12 warning signs to review. 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 MKH Bhd (XKLS:6114), the current ROC % is 2.33% 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 MKH Bhd (XKLS:6114) Overvalued in 2026?

Based on GuruFocus' analysis, MKH Bhd stock appears to be overvalued. The current stock price of RM1.95 is trading 114.3% above its estimated GF Value™ of RM0.91. GuruFocus considers MKH Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:6114:

  • ROC %: 2.33%
  • GF Value™: RM0.91 vs. price of RM1.95 (114.3% above fair value)
  • GF Score™: 43/100 with 12 warning signs
  • Industry Position: 6.4% above the Real Estate median

No single metric tells the full story. See the XKLS:6114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MKH Bhd Business Description

Address Jalan Semenyih, Suite 1, 5th Floor, Wisma MKH, Kajang, SGR, MYS, 43000
MKH Bhd is an investment holding and management service company. The group's principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; Trading; Manufacturing and Investment holding. It generates maximum revenue from Property Development and Construction segment. Geographically, it derives a majority of its revenue from Malaysia.
43GF Score

Get the complete analysis for XKLS:6114

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

RM1.95
Price
RM0.91
GF Value