Qes Group Bhd (XKLS:0196) ROCE %: 9.94% (As of Mar. 2026)


XKLS:0196 Qes Group Bhd XKLS:0196
69 GF Score
Price RM0.58
GF Value RM0.58
Valuation Fairly Valued
! 5 Warning Signs
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What is Qes Group Bhd ROCE %?

Qes Group Bhd XKLS:0196 +6.42% 69 ROCE % is 9.94% as of Mar. 2026. GuruFocus rates XKLS:0196 with a GF Score™ of 69/100 and a GF Value™ of RM0.58 (Fairly Valued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Qes Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.94%.

Qes Group Bhd  (XKLS:0196) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Qes Group Bhd ROCE % Related Terms

Qes Group Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Qes Group Bhd's ROCE % 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.

Qes Group Bhd ROCE % Chart

Qes Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.53 21.09 14.25 12.49 10.17

Qes Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 3.44 11.48 9.58 16.00 9.94
XKLS:0196
69GF Score
Qes Group Bhd XKLS:0196
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qes Group Bhd ROCE % Calculation

Qes Group Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=24.134/( ( (314.112 - 86.404) + (324.723 - 77.955) )/ 2 )
=24.134/( (227.708+246.768)/ 2 )
=24.134/237.238
=10.17 %

Qes Group Bhd's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=24.344/( ( (324.723 - 77.955) + (331.011 - 87.995) )/ 2 )
=24.344/( ( 246.768 + 243.016 )/ 2 )
=24.344/244.892
=9.94 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 9.94% mean?
Qes Group Bhd (XKLS:0196) has a ROCE % of 9.94% as of Mar. 2026.
Is Qes Group Bhd's ROCE % too high?
Qes Group Bhd's current ROCE % is 9.94%. The Hardware industry median ROCE % is 5.86. Qes Group Bhd's value of 9.94% is 69.6% above this industry median. Overall, Qes Group Bhd has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qes Group Bhd's ROCE % compare to SNX and ARW?
Qes Group Bhd's ROCE % of 9.94% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.86. Qes Group Bhd's value of 9.94% is 69.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.86, based on 2,445 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qes Group Bhd's current ROCE % of 9.94% is 69.6% above 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qes Group Bhd's current ROCE % is 9.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qes Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Qes Group Bhd (XKLS:0196) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.58 — trading right at its estimated fair value. The current ROCE % is 9.94% and 69.6% above the Hardware industry median of 5.86. Qes Group Bhd's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Qes Group Bhd (XKLS:0196), the current ROCE % is 9.94% 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 Qes Group Bhd (XKLS:0196) Overvalued in 2026?

Based on GuruFocus' analysis, Qes Group Bhd stock appears to be undervalued. The current stock price of RM0.58 is trading 0% below its estimated GF Value™ of RM0.58. GuruFocus considers Qes Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:0196:

  • ROCE %: 9.94%
  • GF Value™: RM0.58 vs. price of RM0.58 (0% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 69.6% above the Hardware median

No single metric tells the full story. See the XKLS:0196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qes Group Bhd Business Description

Address No. 2, Jalan Jururancang U1/21, HICOM Glenmarie Industrial Park, Seksyen U1, Shah Alam, SGR, MYS, 40150
Qes Group Bhd is a Malaysia-based investment holding. The company has multiple businesses that includes, the Equipment segment which derives maximum revenue includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment, mechanical and electrical engineering consultancy service, and investment holding, that invests in shares.
69GF Score

Get the complete analysis for XKLS:0196

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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