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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Telekom Malaysia Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.08%.
Telekom Malaysia Bhd (OTCPK:MYTEF) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
* 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.
(1) 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.
Telekom Malaysia Bhd (MYTEF) has a ROCE % of 13.08% as of Mar. 2026.
Is Telekom Malaysia Bhd's ROCE % too high?
Telekom Malaysia Bhd's current ROCE % is 13.08%. The Telecommunication Services industry median ROCE % is 7.63. Telekom Malaysia Bhd's value of 13.08% is 71.4% above this industry median. Overall, Telekom Malaysia Bhd has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telekom Malaysia Bhd's ROCE % compare to VZ and TMUS?
Telekom Malaysia Bhd's ROCE % of 13.08% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.63. Telekom Malaysia Bhd's value of 13.08% is 71.4% 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 ROCE % for a Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.63, based on 353 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telekom Malaysia Bhd's current ROCE % of 13.08% is 71.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median ROCE % is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telekom Malaysia Bhd's current ROCE % is 13.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Telekom Malaysia Bhd (MYTEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.77, compared to a current price of $2.00 — trading 13% above its estimated fair value. The current ROCE % is 13.08% and 71.4% above the Telecommunication Services industry median of 7.63. Telekom Malaysia Bhd's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Telekom Malaysia Bhd (MYTEF), the current ROCE % is 13.08% 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 Telekom Malaysia Bhd (MYTEF) Overvalued in 2026?
Based on GuruFocus' analysis, Telekom Malaysia Bhd stock appears to be overvalued.
The current stock price of $2.00 is trading 13% above its estimated GF Value™ of $1.77.
GuruFocus considers Telekom Malaysia Bhd to be Modestly Overvalued.
Key valuation signals for MYTEF:
ROCE %: 13.08%
GF Value™: $1.77 vs. price of $2.00 (13% above fair value)
Industry Position: 71.4% above the Telecommunication Services median
No single metric tells the full story. See the MYTEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telekom Malaysia Bhd is a telecommunications company. It generates revenue from the Internet and multimedia services, Data services, Voice services, Non-telecommunications related services, and Other telecommunications-related services, in which it generates the majority of its revenue from Internet and multimedia services. The company owns telecommunications infrastructure. The Group has identified a single reportable segment of providing fixed-mobile convergence services, which offers integrated broadband, mobile, and data services, digital content, as well as other solutions. It generates the vast majority of its revenue in Malaysia.
68GF Score
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