Computer Forms (Malaysia) Bhd (XKLS:8044) ROC %: -8.83% (As of Dec. 2025)

What is Computer Forms (Malaysia) Bhd ROC %?

Computer Forms (Malaysia) Bhd XKLS:8044 ROC % is -8.83% as of Dec. 2025. The stock has 4 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 %. Computer Forms (Malaysia) Bhd's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -8.83%.

As of today (2026-07-03), Computer Forms (Malaysia) Bhd's WACC % is 3.85%. Computer Forms (Malaysia) Bhd's ROC % is -6.96% (calculated using TTM income statement data). Computer Forms (Malaysia) Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Computer Forms (Malaysia) Bhd (XKLS:8044) 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, Computer Forms (Malaysia) Bhd's WACC % is 3.85%. Computer Forms (Malaysia) Bhd's ROC % is -6.96% (calculated using TTM income statement data). Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd ROC % Related Terms

Computer Forms (Malaysia) Bhd ROC % Historical Data

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The historical data trend for Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd ROC % Chart

Computer Forms (Malaysia) Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep24

ROC %

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-3.78

-0.59

2.96

1.54

-15.13

Computer Forms (Malaysia) Bhd Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
ROC %	Get a 7-Day Free Trial															-5.59	-12.90	-8.15	2.30	-8.83

Computer Forms (Malaysia) Bhd ROC % Calculation

Computer Forms (Malaysia) Bhd's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2024 is calculated as:

	ROC % (A: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Mar. 2022 )	+	Invested Capital (A: Sep. 2024 ))	/ count )
=	-4.468 * ( 1 - 0% )	/	( (20.053	+	38.991)	/ 2 )
=	-4.468	/	29.522
=	-15.13 %

where

	Invested Capital		(A: Mar. 2022 )
=	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	))
=	75.506	-	3.807	-	( 51.646	-	max(0, 9.083	-	72.344	+	51.646	))
=	20.053

	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	))
=	130.249	-	3.786	-	( 87.472	-	max(0, 9.468	-	127.614	+	87.472	))
=	38.991

Computer Forms (Malaysia) Bhd's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	-3.232 * ( 1 - 0% )	/	( (36.556	+	36.661)	/ 2 )
=	-3.232	/	36.6085
=	-8.83 %

where

	Invested Capital		(Q: 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	))
=	126.623	-	2.409	-	( 87.658	-	max(0, 3.986	-	122.427	+	87.658	))
=	36.556

	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	))
=	126.709	-	1.906	-	( 88.142	-	max(0, 2.891	-	122.597	+	88.142	))
=	36.661

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -8.83% mean?

Computer Forms (Malaysia) Bhd (XKLS:8044) has a ROC % of -8.83% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Computer Forms (Malaysia) Bhd and its competitors.

Is Computer Forms (Malaysia) Bhd's ROC % too high?

Computer Forms (Malaysia) Bhd's current ROC % is -8.83%.

How does Computer Forms (Malaysia) Bhd's ROC % compare to CTAS and CPRT?

Computer Forms (Malaysia) Bhd's ROC % of -8.83% can be compared against companies in the Business Services industry. The industry median ROC % is 5.99. 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 Business Services company?

The median ROC % among Business Services companies is 5.99, based on 1,075 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 Computer Forms (Malaysia) Bhd and its competitors. For the Business Services industry, the median ROC % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computer Forms (Malaysia) Bhd's current ROC % is -8.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Computer Forms (Malaysia) Bhd stock overvalued right now?

Based on GuruFocus' analysis, Computer Forms (Malaysia) Bhd (XKLS:8044) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 30% above its estimated fair value. The current ROC % is -8.83%. 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 Computer Forms (Malaysia) Bhd (XKLS:8044), the current ROC % is -8.83% as of Dec. 2025. 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.

Computer Forms (Malaysia) Bhd Business Description

Industry Industrials Business Services

Comparable Companies XKLS:0122 XKLS:7017 XKLS:0140 XKLS:5231 XKLS:0064 CTAS LSE:REL TSX:TRI CPRT TSX:RBA ULS GPN ASX:BXB ARMK XAMS:WKL LSE:RTO LSE:ITRK XPAR:SW XPAR:ELIS OCSE:ISS

Address Lot 2, Jalan Usahawan 5, Off Jalan Genting Kelang, PKNS Setapak Industrial Area, Kuala Lumpur, MYS, 53300

Website https://www.cfm.com.my

Computer Forms (Malaysia) Bhd is engaged in the printing and distributing of computer forms, stock forms, and specialized forms. The company operates through three segments namely Business forms and data print services, Commercial printing, Flexible packaging. It generates maximum revenue from the Flexible packaging segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia. It offers various products such as general computer forms, security forms, mail/pressure seal mailers, stock forms, and optical mark recognition/optical character recognition forms.