Key Asic Bhd (XKLS:0143) ROC %: -25.60% (As of Feb. 2026)


What is Key Asic Bhd ROC %?

Key Asic Bhd XKLS:0143 ROC % is -25.60% as of Feb. 2026. The stock has 1 warning sign investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Key Asic Bhd's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was -25.60%.

As of today (2026-06-26), Key Asic Bhd's WACC % is 4.41%. Key Asic Bhd's ROC % is -2.86% (calculated using TTM income statement data). Key Asic Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Key Asic Bhd  (XKLS:0143) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Key Asic Bhd's WACC % is 4.41%. Key Asic Bhd's ROC % is -2.86% (calculated using TTM income statement data). Key Asic 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 %, ROC % 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.

Key Asic Bhd ROC % Related Terms

Key Asic Bhd ROC % Historical Data

* Premium members only.

The historical data trend for Key Asic Bhd's ROC % 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.

Key Asic Bhd ROC % Chart

Key Asic Bhd Annual Data
Trend Dec14 Dec15 May18 May19 May20 May21 May22 May23 May24 May25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.21 -60.87 -48.92 -85.32 -32.52

Key Asic Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROC % 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 -70.61 91.96 -8.39 -50.06 -25.60

Key Asic Bhd ROC % Calculation

Key Asic Bhd's annualized Return on Capital (ROC %) for the fiscal year that ended in May. 2025 is calculated as:

ROC % (A: May. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: May. 2024 ) + Invested Capital (A: May. 2025 ))/ count )
=-4.528 * ( 1 - 0% )/( (12.871 + 14.973)/ 2 )
=-4.528/13.922
=-32.52 %

where

Invested Capital(A: May. 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))
=33.875 - 6.741 - ( 17.315 - max(0, 9.578 - 23.841+17.315))
=12.871

Invested Capital(A: May. 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))
=26.206 - 6.718 - ( 8.133 - max(0, 8.251 - 12.766+8.133))
=14.973

Key Asic Bhd's annualized Return on Capital (ROC %) for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-3.848 * ( 1 - 0% )/( (15.362 + 14.706)/ 2 )
=-3.848/15.034
=-25.60 %

where

Invested Capital(Q: Nov. 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))
=25.633 - 8.847 - ( 6.947 - max(0, 10.367 - 11.791+6.947))
=15.362

Invested Capital(Q: Feb. 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))
=27.649 - 12.08 - ( 9.357 - max(0, 13.481 - 14.344+9.357))
=14.706

Note: The Operating Income data used here is four times the quarterly (Feb. 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 ROC % →
What does a ROC % of -25.60% mean?
Key Asic Bhd (XKLS:0143) has a ROC % of -25.60% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Key Asic Bhd and its competitors.
Is Key Asic Bhd's ROC % too high?
Key Asic Bhd's current ROC % is -25.60%.
How does Key Asic Bhd's ROC % compare to NVDA and AVGO?
Key Asic Bhd's ROC % of -25.60% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Semiconductors company?
The median ROC % among Semiconductors companies is 3.74, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Key Asic Bhd and its competitors. For the Semiconductors industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Key Asic Bhd's current ROC % is -25.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Asic Bhd stock overvalued right now?
Based on GuruFocus' analysis, Key Asic Bhd (XKLS:0143) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.03 — trading 40% below its estimated fair value. The current ROC % is -25.60%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Key Asic Bhd (XKLS:0143), the current ROC % is -25.60% as of Feb. 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.

Key Asic Bhd Business Description

Address 8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure and intelligent storage networking support. The company operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.