Maxis Bhd (XKLS:6012) ROCE %: 16.88% (As of Mar. 2026)

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XKLS:6012 Maxis Bhd XKLS:6012
79 GF Score
Price RM3.58
GF Value RM3.83
Valuation Fairly Valued
! 5 Warning Signs
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What is Maxis Bhd ROCE %?

Maxis Bhd XKLS:6012 -0.56% 79 ROCE % is 16.88% as of Mar. 2026. GuruFocus rates XKLS:6012 with a GF Score™ of 79/100 and a GF Value™ of RM3.83 (Fairly Valued). 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. Maxis Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.88%.

Maxis Bhd  (XKLS:6012) 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.

Maxis Bhd ROCE % Related Terms

Maxis Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Maxis 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.

Maxis Bhd ROCE % Chart

Maxis 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 12.88 12.80 10.66 13.72 15.42

Maxis 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 14.61 15.55 16.20 14.97 16.88
XKLS:6012
79GF Score
Maxis Bhd XKLS:6012
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maxis Bhd ROCE % Calculation

Maxis 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 )
=2518/( ( (22323 - 5601) + (22522 - 6580) )/ 2 )
=2518/( (16722+15942)/ 2 )
=2518/16332
=15.42 %

Maxis 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 )
=2676/( ( (22522 - 6580) + (22612 - 6840) )/ 2 )
=2676/( ( 15942 + 15772 )/ 2 )
=2676/15857
=16.88 %

(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 16.88% mean?
Maxis Bhd (XKLS:6012) has a ROCE % of 16.88% as of Mar. 2026.
Is Maxis Bhd's ROCE % too high?
Maxis Bhd's current ROCE % is 16.88%. The Telecommunication Services industry median ROCE % is 7.72. Maxis Bhd's value of 16.88% is 118.7% above this industry median. Overall, Maxis Bhd has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxis Bhd's ROCE % compare to TMUS and VZ?
Maxis Bhd's ROCE % of 16.88% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Maxis Bhd's value of 16.88% is 118.7% 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 7.72, based on 352 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. Maxis Bhd's current ROCE % of 16.88% is 118.7% 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 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxis Bhd's current ROCE % is 16.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxis Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxis Bhd (XKLS:6012) is currently considered Fairly Valued. The stock's GF Value™ is RM3.83, compared to a current price of RM3.58 — trading 6.5% below its estimated fair value. The current ROCE % is 16.88% and 118.7% above the Telecommunication Services industry median of 7.72. Maxis Bhd's overall GF Score™ is 79/100 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 Maxis Bhd (XKLS:6012), the current ROCE % is 16.88% 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 Maxis Bhd (XKLS:6012) Overvalued in 2026?

Based on GuruFocus' analysis, Maxis Bhd stock appears to be undervalued. The current stock price of RM3.58 is trading 6.5% below its estimated GF Value™ of RM3.83. GuruFocus considers Maxis Bhd to be Fairly Valued.

Key valuation signals for XKLS:6012:

  • ROCE %: 16.88%
  • GF Value™: RM3.83 vs. price of RM3.58 (6.5% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 118.7% above the Telecommunication Services median

No single metric tells the full story. See the XKLS:6012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Maxis Bhd Business Description

Address Off Jalan Ampang, Level 5 - 9, 11, 15 - 25, Menara Maxis, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088
Maxis Bhd is a telecommunications provider. Its primary services include mobile, wireless, fixed, and enterprise services, with the majority of revenue generated from mobile and wireless. The company generates mobile revenue from prepaid and postpaid subscribers, with roughly an even split between both. Within enterprise services, Maxis provides traditional managed services in addition to mobile and fixed services. Additionally, the company owns fiber backhaul infrastructure.
79GF Score

Get the complete analysis for XKLS:6012

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

RM3.58
Price
RM3.83
GF Value