Mega First Bhd (XKLS:3069) ROCE %: 8.01% (As of Mar. 2026)


XKLS:3069 Mega First Corp Bhd XKLS:3069
77 GF Score
Price RM2.92
GF Value RM3.19
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Mega First Bhd ROCE %?

Mega First Bhd XKLS:3069 +1.04% 77 ROCE % is 8.01% as of Mar. 2026. GuruFocus rates XKLS:3069 with a GF Score™ of 77/100 and a GF Value™ of RM3.19 (Fairly Valued). The stock has 6 warning signs investors should review.

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. Mega First Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.01%.

Mega First Bhd  (XKLS:3069) 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.

Mega First Bhd ROCE % Related Terms

Mega First Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Mega First Bhd's ROCE % 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.

Mega First Bhd ROCE % Chart

Mega First Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.81 14.26 13.37 13.93 11.31

Mega First Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 7.75 10.15 13.80 13.99 8.01
XKLS:3069
77GF Score
Mega First Corp Bhd XKLS:3069
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega First Bhd ROCE % Calculation

Mega First Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=473.036/( ( (5121.355 - 832.298) + (4958.43 - 885.872) )/ 2 )
=473.036/( (4289.057+4072.558)/ 2 )
=473.036/4180.8075
=11.31 %

Mega First Bhd's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=328.2/( ( (4958.43 - 885.872) + (4893.774 - 774.373) )/ 2 )
=328.2/( ( 4072.558 + 4119.401 )/ 2 )
=328.2/4095.9795
=8.01 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.01% mean?
Mega First Bhd (XKLS:3069) has a ROCE % of 8.01% as of Mar. 2026.
Is Mega First Bhd's ROCE % too high?
Mega First Bhd's current ROCE % is 8.01%. The Utilities - Regulated industry median ROCE % is 6.96. Mega First Bhd's value of 8.01% is 15.2% above this industry median. Overall, Mega First Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's ROCE % compare to NEE and SO?
Mega First Bhd's ROCE % of 8.01% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. Mega First Bhd's value of 8.01% is 15.2% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 504 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. Mega First Bhd's current ROCE % of 8.01% is 15.2% 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current ROCE % is 8.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.19, compared to a current price of RM2.92 — trading 8.5% below its estimated fair value. The current ROCE % is 8.01% and 15.2% above the Utilities - Regulated industry median of 6.96. Mega First Bhd's overall GF Score™ is 77/100 with 6 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 Mega First Bhd (XKLS:3069), the current ROCE % is 8.01% 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?

Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued. The current stock price of RM2.92 is trading 8.5% below its estimated GF Value™ of RM3.19. GuruFocus considers Mega First Bhd to be Fairly Valued.

Key valuation signals for XKLS:3069:

  • ROCE %: 8.01%
  • GF Value™: RM3.19 vs. price of RM2.92 (8.5% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 15.2% above the Utilities - Regulated median

No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mega First Bhd Business Description

Address No. 23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
77GF Score

Get the complete analysis for XKLS:3069

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

RM2.92
Price
RM3.19
GF Value