Computer Forms (Malaysia) Bhd (XKLS:8044) ROIC %: -8.83% (As of Dec. 2025)


What is Computer Forms (Malaysia) Bhd ROIC %?

Computer Forms (Malaysia) Bhd XKLS:8044 ROIC % is -8.83% as of Dec. 2025. 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 %. Computer Forms (Malaysia) Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -8.83%.

As of today (2026-07-03), Computer Forms (Malaysia) Bhd's WACC % is 3.85%. Computer Forms (Malaysia) Bhd's ROIC % is -6.96% (calculated using TTM income statement data). Computer Forms (Malaysia) Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Computer Forms (Malaysia) Bhd  (XKLS:8044) 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, Computer Forms (Malaysia) Bhd's WACC % is 3.85%. Computer Forms (Malaysia) Bhd's ROIC % is -6.96% (calculated using TTM income statement data). Computer Forms (Malaysia) 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.


Computer Forms (Malaysia) Bhd ROIC % Related Terms


Computer Forms (Malaysia) Bhd ROIC % Historical Data

* Premium members only.

The historical data trend for Computer Forms (Malaysia) 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.

Computer Forms (Malaysia) Bhd ROIC % Chart

Computer Forms (Malaysia) Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.78 -0.59 2.96 1.54 -15.13

Computer Forms (Malaysia) Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -5.59 -12.90 -8.15 2.30 -8.83

XKLS:8044 vs CTAS, CPRT, ULS: ROIC % Comparison

For the Specialty Business Services subindustry, Computer Forms (Malaysia) 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.


Computer Forms (Malaysia) Bhd ROIC % vs Business Services Industry

For the Business Services industry and Industrials sector, Computer Forms (Malaysia) Bhd's ROIC % distribution charts can be found below:

* The bar in red indicates where Computer Forms (Malaysia) Bhd's ROIC % falls into.



Computer Forms (Malaysia) Bhd ROIC % Calculation

Computer Forms (Malaysia) Bhd's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2024 is calculated as:

ROIC % (A: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2022 ) + Invested Capital (A: Sep. 2024 ))/ count )
=-4.468 * ( 1 - 0% )/( (20.053 + 38.991)/ 2 )
=-4.468/29.522
=-15.13 %

where

Computer Forms (Malaysia) Bhd's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-3.232 * ( 1 - 0% )/( (36.556 + 36.661)/ 2 )
=-3.232/36.6085
=-8.83 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) 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 -8.83% mean?
Computer Forms (Malaysia) Bhd (XKLS:8044) has a ROIC % of -8.83% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Computer Forms (Malaysia) Bhd and its competitors.
Is Computer Forms (Malaysia) Bhd's ROIC % too high?
Computer Forms (Malaysia) Bhd's current ROIC % is -8.83%.
How does Computer Forms (Malaysia) Bhd's ROIC % compare to CTAS and CPRT?
Computer Forms (Malaysia) Bhd's ROIC % of -8.83% can be compared against companies in the Business Services industry. The industry median ROIC % is 5.99. 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 Business Services company?
The median ROIC % among Business Services companies is 5.99, based on 1,075 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 Computer Forms (Malaysia) Bhd and its competitors. For the Business Services industry, the median ROIC % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computer Forms (Malaysia) Bhd's current ROIC % is -8.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Forms (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Computer Forms (Malaysia) Bhd (XKLS:8044) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 30% above its estimated fair value. The current ROIC % is -8.83%. 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 Computer Forms (Malaysia) Bhd (XKLS:8044), the current ROIC % is -8.83% as of Dec. 2025. 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.

Computer Forms (Malaysia) Bhd Business Description

Address Lot 2, Jalan Usahawan 5, Off Jalan Genting Kelang, PKNS Setapak Industrial Area, Kuala Lumpur, MYS, 53300
Computer Forms (Malaysia) Bhd is engaged in the printing and distributing of computer forms, stock forms, and specialized forms. The company operates through three segments namely Business forms and data print services, Commercial printing, Flexible packaging. It generates maximum revenue from the Flexible packaging segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia. It offers various products such as general computer forms, security forms, mail/pressure seal mailers, stock forms, and optical mark recognition/optical character recognition forms.