Itmax System Bhd (XKLS:5309) ROCE %: 27.57% (As of Mar. 2026)


XKLS:5309 Itmax System Bhd XKLS:5309
98 GF Score
Price RM4.84
GF Value RM4.69
Valuation Fairly Valued
! 7 Warning Signs
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What is Itmax System Bhd ROCE %?

Itmax System Bhd XKLS:5309 -1.22% 98 ROCE % is 27.57% as of Mar. 2026. GuruFocus rates XKLS:5309 with a GF Score™ of 98/100 and a GF Value™ of RM4.69 (Fairly Valued). The stock has 7 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. Itmax System Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 27.57%.

Itmax System Bhd  (XKLS:5309) 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.

Itmax System Bhd ROCE % Related Terms

Itmax System Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Itmax System 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.

Itmax System Bhd ROCE % Chart

Itmax System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 46.61 24.20 22.14 25.90 27.42

Itmax System Bhd Quarterly Data
Dec19 Dec20 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 25.24 27.40 30.91 28.91 27.57
XKLS:5309
98GF Score
Itmax System Bhd XKLS:5309
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Itmax System Bhd ROCE % Calculation

Itmax System 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 )
=132.307/( ( (505.763 - 69.901) + (620.396 - 91.211) )/ 2 )
=132.307/( (435.862+529.185)/ 2 )
=132.307/482.5235
=27.42 %

Itmax System 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 )
=146.664/( ( (620.396 - 91.211) + (635.601 - 100.999) )/ 2 )
=146.664/( ( 529.185 + 534.602 )/ 2 )
=146.664/531.8935
=27.57 %

(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 27.57% mean?
Itmax System Bhd (XKLS:5309) has a ROCE % of 27.57% as of Mar. 2026.
Is Itmax System Bhd's ROCE % too high?
Itmax System Bhd's current ROCE % is 27.57%. The Business Services industry median ROCE % is 8.88. Itmax System Bhd's value of 27.57% is 210.5% above this industry median. Overall, Itmax System Bhd has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's ROCE % compare to ALLE and MSA?
Itmax System Bhd's ROCE % of 27.57% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. Itmax System Bhd's value of 27.57% is 210.5% 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 Business Services company?
The median ROCE % among Business Services companies is 8.88, based on 1,070 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. Itmax System Bhd's current ROCE % of 27.57% is 210.5% 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 Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current ROCE % is 27.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.69, compared to a current price of RM4.84 — trading 3.2% above its estimated fair value. The current ROCE % is 27.57% and 210.5% above the Business Services industry median of 8.88. Itmax System Bhd's overall GF Score™ is 98/100 with 7 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 Itmax System Bhd (XKLS:5309), the current ROCE % is 27.57% 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?

Based on GuruFocus' analysis, Itmax System Bhd stock appears to be overvalued. The current stock price of RM4.84 is trading 3.2% above its estimated GF Value™ of RM4.69. GuruFocus considers Itmax System Bhd to be Fairly Valued.

Key valuation signals for XKLS:5309:

  • ROCE %: 27.57%
  • GF Value™: RM4.69 vs. price of RM4.84 (3.2% above fair value)
  • GF Score™: 98/100 with 7 warning signs
  • Industry Position: 210.5% above the Business Services median

No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Itmax System Bhd Business Description

Address Jalan Radin Bagus 3, No. 30-G & 30-3, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
98GF Score

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

RM4.84
Price
RM4.69
GF Value