ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Ocean Vantage Holdings Bhd's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.29%.
As of today (2026-07-03), Ocean Vantage Holdings Bhd's WACC % is 1.27%. Ocean Vantage Holdings Bhd's ROC % is 0.00% (calculated using TTM income statement data).
Ocean Vantage Holdings Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Ocean Vantage Holdings Bhd (XKLS:0220) 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, Ocean Vantage Holdings Bhd's WACC % is 1.27%. Ocean Vantage Holdings Bhd's ROC % is 0.00% (calculated using TTM income statement data).
Ocean Vantage Holdings 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.
* 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.
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.
Ocean Vantage Holdings Bhd (XKLS:0220) has a ROC % of 3.29% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ocean Vantage Holdings Bhd and its competitors.
Is Ocean Vantage Holdings Bhd's ROC % too high?
Ocean Vantage Holdings Bhd's current ROC % is 3.29%. The Oil & Gas industry median ROC % is 3.65. Ocean Vantage Holdings Bhd's value of 3.29% is 9.9% below this industry median. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's ROC % compare to SLB and BKR?
Ocean Vantage Holdings Bhd's ROC % of 3.29% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.65. Ocean Vantage Holdings Bhd's value of 3.29% is 9.9% 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 ROC % for an Oil & Gas company?
The median ROC % among Oil & Gas companies is 3.65, based on 999 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. Ocean Vantage Holdings Bhd's current ROC % of 3.29% is 9.9% 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 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 Ocean Vantage Holdings Bhd and its competitors. For the Oil & Gas industry, the median ROC % is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Vantage Holdings Bhd's current ROC % is 3.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.23 — trading 76.9% above its estimated fair value. The current ROC % is 3.29% and 9.9% below the Oil & Gas industry median of 3.65. Ocean Vantage Holdings Bhd's overall GF Score™ is 53/100 with 7 warning signs to review. 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current ROC % is 3.29% 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.23 is trading 76.9% above its estimated GF Value™ of RM0.13.
GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0220:
ROC %: 3.29%
GF Value™: RM0.13 vs. price of RM0.23 (76.9% above fair value)
Industry Position: 9.9% below the Oil & Gas median
No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
53GF Score
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