IFCA MSC Bhd (XKLS:0023) ROIC %: -0.37% (As of Mar. 2026)


XKLS:0023 IFCA MSC Bhd XKLS:0023
50 GF Score
Price RM0.21
GF Value RM0.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is IFCA MSC Bhd ROIC %?

IFCA MSC Bhd XKLS:0023 50 ROIC % is -0.37% as of Mar. 2026. GuruFocus rates XKLS:0023 with a GF Score™ of 50/100 and a GF Value™ of RM0.33 (Significantly Undervalued). The stock has 4 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 %. IFCA MSC Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -0.37%.

As of today (2026-06-30), IFCA MSC Bhd's WACC % is 12.33%. IFCA MSC Bhd's ROIC % is 4.69% (calculated using TTM income statement data). IFCA MSC Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


IFCA MSC Bhd  (XKLS:0023) 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, IFCA MSC Bhd's WACC % is 12.33%. IFCA MSC Bhd's ROIC % is 4.69% (calculated using TTM income statement data). IFCA MSC Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


IFCA MSC Bhd ROIC % Related Terms


IFCA MSC Bhd ROIC % Historical Data

* Premium members only.

The historical data trend for IFCA MSC Bhd'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.

IFCA MSC Bhd ROIC % Chart

IFCA MSC Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 -4.85 1.10 18.75 4.86

IFCA MSC Bhd 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 3.07 15.16 2.62 2.51 -0.37

XKLS:0023 vs UBER, SHOP, CRM: ROIC % Comparison

For the Software - Application subindustry, IFCA MSC Bhd'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.


IFCA MSC Bhd ROIC % vs Software Industry

For the Software industry and Technology sector, IFCA MSC Bhd's ROIC % distribution charts can be found below:

* The bar in red indicates where IFCA MSC Bhd's ROIC % falls into.


XKLS:0023
50GF Score
IFCA MSC Bhd XKLS:0023
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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IFCA MSC Bhd ROIC % Calculation

IFCA MSC Bhd's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=6.35 * ( 1 - 29.03% )/( (93.883 + 91.422)/ 2 )
=4.506595/92.6525
=4.86 %

where

IFCA MSC Bhd'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 )
=-0.58 * ( 1 - 44.28% )/( (91.422 + 82.809)/ 2 )
=-0.323176/87.1155
=-0.37 %

where

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 -0.37% mean?
IFCA MSC Bhd (XKLS:0023) has a ROIC % of -0.37% 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 IFCA MSC Bhd and its competitors.
Is IFCA MSC Bhd's ROIC % too high?
IFCA MSC Bhd's current ROIC % is -0.37%. Overall, IFCA MSC Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFCA MSC Bhd's ROIC % compare to UBER and SHOP?
IFCA MSC Bhd's ROIC % of -0.37% can be compared against companies in the Software industry. The industry median ROIC % is 3.04. 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 Software company?
The median ROIC % among Software companies is 3.04, based on 2,826 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. 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 IFCA MSC Bhd and its competitors. For the Software industry, the median ROIC % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFCA MSC Bhd's current ROIC % is -0.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFCA MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, IFCA MSC Bhd (XKLS:0023) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.21 — trading 37.9% below its estimated fair value. The current ROIC % is -0.37%. IFCA MSC Bhd's overall GF Score™ is 50/100 with 4 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 IFCA MSC Bhd (XKLS:0023), the current ROIC % is -0.37% 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 IFCA MSC Bhd (XKLS:0023) Overvalued in 2026?

Based on GuruFocus' analysis, IFCA MSC Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 37.9% below its estimated GF Value™ of RM0.33. GuruFocus considers IFCA MSC Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0023:

  • ROIC %: -0.37%
  • GF Value™: RM0.33 vs. price of RM0.21 (37.9% below fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IFCA MSC Bhd Business Description

Address Wisma IFCA, No 19, Jalan PJU 1/42A, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
IFCA MSC Bhd is engaged in the research and development of enterprise-wide business solutions. The company provides business software solutions for the property industry. These properties cover shopping malls, chain stores, residential, industrials, commercials, resorts, hotels, and recreational sports clubs. It operates through two geographical segments namely Malaysia and Foreign. The Malaysia segment includes turnkey e-business applications. Its Foreign business segment focuses on research and development center for all customized projects for overseas market.
50GF Score

Get the complete analysis for XKLS:0023

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

RM0.21
Price
RM0.33
GF Value