Maple Leaf Cement Factory (KAR:MLCF) ROIC %: 8.91% (As of Mar. 2026)


KAR:MLCF Maple Leaf Cement Factory Ltd KAR:MLCF
76 GF Score
Price ₨106.51
GF Value ₨55.05
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Maple Leaf Cement Factory ROIC %?

Maple Leaf Cement Factory KAR:MLCF -0.60% 76 ROIC % is 8.91% as of Mar. 2026. GuruFocus rates KAR:MLCF with a GF Score™ of 76/100 and a GF Value™ of ₨55.05 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Maple Leaf Cement Factory's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.91%.

As of today (2026-06-30), Maple Leaf Cement Factory's WACC % is 9.49%. Maple Leaf Cement Factory's ROIC % is 10.46% (calculated using TTM income statement data). Maple Leaf Cement Factory generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Maple Leaf Cement Factory  (KAR:MLCF) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Maple Leaf Cement Factory's WACC % is 9.49%. Maple Leaf Cement Factory's ROIC % is 10.46% (calculated using TTM income statement data). Maple Leaf Cement Factory generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Maple Leaf Cement Factory ROIC % Related Terms


Maple Leaf Cement Factory ROIC % Historical Data

* Premium members only.

The historical data trend for Maple Leaf Cement Factory's ROIC % 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.

Maple Leaf Cement Factory ROIC % Chart

Maple Leaf Cement Factory Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.12 8.68 10.05 11.57 14.37

Maple Leaf Cement Factory Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 12.90 12.51 11.76 13.41 8.91

KAR:MLCF vs CRH, VMC, MLM: ROIC % Comparison

For the Building Materials subindustry, Maple Leaf Cement Factory's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maple Leaf Cement Factory ROIC % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Maple Leaf Cement Factory's ROIC % distribution charts can be found below:

* The bar in red indicates where Maple Leaf Cement Factory's ROIC % falls into.


KAR:MLCF
76GF Score
Maple Leaf Cement Factory Ltd KAR:MLCF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maple Leaf Cement Factory ROIC % Calculation

Maple Leaf Cement Factory's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2025 is calculated as:

ROIC % (A: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2024 ) + Invested Capital (A: Jun. 2025 ))/ count )
=17764.331 * ( 1 - 29.72% )/( (83109.05 + 90705.863)/ 2 )
=12484.7718268/86907.4565
=14.37 %

where

Invested Capital(A: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=100343.986 - 11724.05 - ( 5510.886 - max(0, 19028.186 - 27374.875+5510.886))
=83109.05

Invested Capital(A: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=118731.599 - 15546.272 - ( 12479.464 - max(0, 23330.491 - 36654.982+12479.464))
=90705.863

Maple Leaf Cement Factory's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=20422.98 * ( 1 - 33.86% )/( (96542.474 + 206646.166)/ 2 )
=13507.758972/151594.32
=8.91 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=128679.108 - 17540.641 - ( 16035.01 - max(0, 24898.424 - 39494.417+16035.01))
=96542.474

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=249270.094 - 29031.258 - ( 19106.759 - max(0, 43147.433 - 56740.103+19106.759))
=206646.166

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 8.91% mean?
Maple Leaf Cement Factory (KAR:MLCF) has a ROIC % of 8.91% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Maple Leaf Cement Factory and its competitors.
Is Maple Leaf Cement Factory's ROIC % too high?
Maple Leaf Cement Factory's current ROIC % is 8.91%. The Building Materials industry median ROIC % is 3.46. Maple Leaf Cement Factory's value of 8.91% is 157.5% above this industry median. Overall, Maple Leaf Cement Factory has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maple Leaf Cement Factory's ROIC % compare to CRH and VMC?
Maple Leaf Cement Factory's ROIC % of 8.91% can be compared against companies in the Building Materials industry. The industry median ROIC % is 3.46. Maple Leaf Cement Factory's value of 8.91% is 157.5% 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 ROIC % for a Building Materials company?
The median ROIC % among Building Materials companies is 3.46, based on 397 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maple Leaf Cement Factory's current ROIC % of 8.91% is 157.5% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Maple Leaf Cement Factory and its competitors. For the Building Materials industry, the median ROIC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maple Leaf Cement Factory's current ROIC % is 8.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Leaf Cement Factory stock overvalued right now?
Based on GuruFocus' analysis, Maple Leaf Cement Factory (KAR:MLCF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨55.05, compared to a current price of ₨106.51 — trading 93.5% above its estimated fair value. The current ROIC % is 8.91% and 157.5% above the Building Materials industry median of 3.46. Maple Leaf Cement Factory's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Maple Leaf Cement Factory (KAR:MLCF), the current ROIC % is 8.91% 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 Maple Leaf Cement Factory (KAR:MLCF) Overvalued in 2026?

Based on GuruFocus' analysis, Maple Leaf Cement Factory stock appears to be overvalued. The current stock price of ₨106.51 is trading 93.5% above its estimated GF Value™ of ₨55.05. GuruFocus considers Maple Leaf Cement Factory to be Significantly Overvalued.

Key valuation signals for KAR:MLCF:

  • ROIC %: 8.91%
  • GF Value™: ₨55.05 vs. price of ₨106.51 (93.5% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 157.5% above the Building Materials median

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


Maple Leaf Cement Factory Business Description

Address 42-Lawrence Road, Lahore, PB, PAK
Maple Leaf Cement Factory Ltd is engaged in the business of manufacturing and sale of cement. Geographically, it derives majority of its revenue from Asia and has a presence in Africa. Its product offering includes various types of cement such as sulfate resistant cement, low alkali cement, white cement, wall coat cement, and ordinary Portland cement.
76GF Score

Get the complete analysis for KAR:MLCF

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

₨106.51
Price
₨55.05
GF Value