Melewar Industrial Group Bhd (XKLS:3778) ROCE %: -0.17% (As of Mar. 2026)


XKLS:3778 Melewar Industrial Group Bhd XKLS:3778
29 GF Score
Price RM0.13
GF Value RM0.20
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Melewar Industrial Group Bhd ROCE %?

Melewar Industrial Group Bhd XKLS:3778 29 ROCE % is -0.17% as of Mar. 2026. GuruFocus rates XKLS:3778 with a GF Score™ of 29/100 and a GF Value™ of RM0.20 (Possible Value Trap). The stock has 5 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. Melewar Industrial Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.17%.


Melewar Industrial Group Bhd  (XKLS:3778) 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.


Melewar Industrial Group Bhd ROCE % Related Terms


Melewar Industrial Group Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Melewar Industrial Group 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.

Melewar Industrial Group Bhd ROCE % Chart

Melewar Industrial Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.08 11.02 -2.09 3.58 -0.16

Melewar Industrial Group 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 -0.04 -1.47 3.91 2.91 -0.17
XKLS:3778
29GF Score
Melewar Industrial Group Bhd XKLS:3778
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melewar Industrial Group Bhd ROCE % Calculation

Melewar Industrial Group Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-0.974/( ( (862.833 - 238.363) + (764.443 - 139.485) )/ 2 )
=-0.974/( (624.47+624.958)/ 2 )
=-0.974/624.714
=-0.16 %

Melewar Industrial Group 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 )
=-1.092/( ( (739.317 - 107.706) + (730.515 - 97.385) )/ 2 )
=-1.092/( ( 631.611 + 633.13 )/ 2 )
=-1.092/632.3705
=-0.17 %

(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 -0.17% mean?
Melewar Industrial Group Bhd (XKLS:3778) has a ROCE % of -0.17% as of Mar. 2026.
Is Melewar Industrial Group Bhd's ROCE % too high?
Melewar Industrial Group Bhd's current ROCE % is -0.17%. Overall, Melewar Industrial Group Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melewar Industrial Group Bhd's ROCE % compare to NUE and STLD?
Melewar Industrial Group Bhd's ROCE % of -0.17% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 624 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. 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melewar Industrial Group Bhd's current ROCE % is -0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melewar Industrial Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 37.5% below its estimated fair value. The current ROCE % is -0.17%. Melewar Industrial Group Bhd's overall GF Score™ is 29/100 with 5 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 Melewar Industrial Group Bhd (XKLS:3778), the current ROCE % is -0.17% 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 Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?

Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 37.5% below its estimated GF Value™ of RM0.20. GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3778:

  • ROCE %: -0.17%
  • GF Value™: RM0.20 vs. price of RM0.13 (37.5% below fair value)
  • GF Score™: 29/100 with 5 warning signs

No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melewar Industrial Group Bhd Business Description

Address No. 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200
Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.
29GF Score

Get the complete analysis for XKLS:3778

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

RM0.13
Price
RM0.20
GF Value