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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Telekom Malaysia Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -53.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Telekom Malaysia Bhd's 3-Year ROIIC % or its related term are showing as below:
XKLS:4863's 3-Year ROIIC % is ranked worse than 88% of 350
companies
in the Telecommunication Services industry
Industry Median: 1.79
vs XKLS:4863: -53.90
Telekom Malaysia Bhd (XKLS:4863) 3-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.
Telekom Malaysia Bhd 3-Year ROIIC % Related Terms
Telekom Malaysia Bhd 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Telekom Malaysia Bhd's 3-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.
XKLS:4863 vs TMUS, VZ, T: 3-Year ROIIC % Comparison
For the Telecom Services subindustry, Telekom Malaysia Bhd's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Telekom Malaysia Bhd 3-Year ROIIC % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telekom Malaysia Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Telekom Malaysia Bhd's 3-Year ROIIC % falls into.
Telekom Malaysia Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 1670.144 (Dec. 2025) - 1399.47136 (Dec. 2022) )
/
( 16221.2 (Dec. 2025) - 16723.4 (Dec. 2022) )
=
270.67264
/
-502.2
=
-53.90%***
* 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 3-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.
Telekom Malaysia Bhd (XKLS:4863) has a 3-Year ROIIC % of -53.90 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Telekom Malaysia Bhd and its competitors. According to the industry distribution chart, Telekom Malaysia Bhd ranks #308 out of 350 companies in the Telecommunication Services industry, placing it in the top 88%.
Is Telekom Malaysia Bhd's 3-Year ROIIC % too high?
Telekom Malaysia Bhd's current 3-Year ROIIC % is -53.90. Based on the distribution chart, Telekom Malaysia Bhd ranks #308 out of 350 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telekom Malaysia Bhd has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telekom Malaysia Bhd's 3-Year ROIIC % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telekom Malaysia Bhd ranks #308 out of 350 companies for 3-Year ROIIC %. This places Telekom Malaysia Bhd in the lower half of its industry. The industry median 3-Year ROIIC % is 1.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Telecommunication Services company?
The median 3-Year ROIIC % among Telecommunication Services companies is 1.79, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Telekom Malaysia Bhd and its competitors. For the Telecommunication Services industry, the median 3-Year ROIIC % is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telekom Malaysia Bhd's current 3-Year ROIIC % is -53.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Telekom Malaysia Bhd (XKLS:4863) is currently considered Modestly Overvalued. The stock's GF Value™ is RM6.84, compared to a current price of RM7.64 — trading 11.7% above its estimated fair value. The current 3-Year ROIIC % is -53.90. Telekom Malaysia Bhd's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Telekom Malaysia Bhd (XKLS:4863), the current 3-Year ROIIC % is -53.90 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.
Is Telekom Malaysia Bhd (XKLS:4863) Overvalued in 2026?
Based on GuruFocus' analysis, Telekom Malaysia Bhd stock appears to be overvalued.
The current stock price of RM7.64 is trading 11.7% above its estimated GF Value™ of RM6.84.
GuruFocus considers Telekom Malaysia Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:4863:
3-Year ROIIC %: -53.90
GF Value™: RM6.84 vs. price of RM7.64 (11.7% above fair value)
No single metric tells the full story. See the XKLS:4863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telekom Malaysia Bhd is a telecommunications company. It generates revenue from the Internet and multimedia services, Data services, Voice services, Non-telecommunications related services, and Other telecommunications-related services, in which it generates the majority of its revenue from Internet and multimedia services. The company owns telecommunications infrastructure. The Group has identified a single reportable segment of providing fixed-mobile convergence services, which offers integrated broadband, mobile, and data services, digital content, as well as other solutions. It generates the vast majority of its revenue in Malaysia.
77GF Score
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