MMAG Holdings Bhd (XKLS:0034) 10-Year ROIIC % : 3.86% (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MMAG Holdings Bhd 10-Year ROIIC %?

MMAG Holdings Bhd XKLS:0034 +20.00% 10-Year ROIIC % is 3.86 as of Sep. 2025. The stock has 2 warning signs investors should review. Among 2,123 Software companies, MMAG Holdings Bhd ranks worse than 50.92% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. MMAG Holdings Bhd's 10-Year ROIIC % for the quarter that ended in Sep. 2025 was 3.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for MMAG Holdings Bhd's 10-Year ROIIC % or its related term are showing as below:

XKLS:0034's 10-Year ROIIC % is ranked worse than
50.92% of 2123 companies
in the Software industry
Industry Median: 4.26 vs XKLS:0034: 3.86

MMAG Holdings Bhd  (XKLS:0034) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


MMAG Holdings Bhd 10-Year ROIIC % Related Terms


MMAG Holdings Bhd 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for MMAG Holdings Bhd's 10-Year ROIIC % 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.

MMAG Holdings Bhd 10-Year ROIIC % Chart

MMAG Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.28 -12.38 -6.79 -12.31 3.86

MMAG Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
10-Year ROIIC % 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 0.00 0.00 3.86 0.00 0.00

XKLS:0034 vs UBER, SHOP, CRM: 10-Year ROIIC % Comparison

For the Software - Application subindustry, MMAG Holdings Bhd's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.


MMAG Holdings Bhd 10-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, MMAG Holdings Bhd's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where MMAG Holdings Bhd's 10-Year ROIIC % falls into.



MMAG Holdings Bhd 10-Year ROIIC % Calculation

MMAG Holdings Bhd's 10-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 5.731614 (Sep. 2025) - -17.6710156 (Mar. 2015) )/( 695.697 (Sep. 2025) - 89.325 (Mar. 2015) )
=23.4026296/606.372
=3.86%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 3.86 mean?
MMAG Holdings Bhd (XKLS:0034) has a 10-Year ROIIC % of 3.86 as of Sep. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on MMAG Holdings Bhd and its competitors. According to the industry distribution chart, MMAG Holdings Bhd ranks #1081 out of 2123 companies in the Software industry, placing it in the top 50.9%.
Is MMAG Holdings Bhd's 10-Year ROIIC % too high?
MMAG Holdings Bhd's current 10-Year ROIIC % is 3.86. The Software industry median 10-Year ROIIC % is 4.26. MMAG Holdings Bhd's value of 3.86 is 9.4% below this industry median. Based on the distribution chart, MMAG Holdings Bhd ranks #1081 out of 2123 companies in the Software industry, which is below the industry midpoint.
How does MMAG Holdings Bhd's 10-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, MMAG Holdings Bhd ranks #1081 out of 2123 companies for 10-Year ROIIC %. This places MMAG Holdings Bhd in the lower half of its industry. The industry median 10-Year ROIIC % is 4.26. MMAG Holdings Bhd's value of 3.86 is 9.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.26, based on 2,123 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MMAG Holdings Bhd's current 10-Year ROIIC % of 3.86 is 9.4% below 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on MMAG Holdings Bhd and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMAG Holdings Bhd's current 10-Year ROIIC % is 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMAG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MMAG Holdings Bhd (XKLS:0034) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.06, compared to a current price of RM0.03 — trading 50% below its estimated fair value. The current 10-Year ROIIC % is 3.86 and 9.4% below the Software industry median of 4.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For MMAG Holdings Bhd (XKLS:0034), the current 10-Year ROIIC % is 3.86 as of Sep. 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.

MMAG Holdings Bhd Business Description

Address No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600
MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.