HE Group Bhd (XKLS:0296) ROCE %: 19.06% (As of Mar. 2026)


XKLS:0296 HE Group Bhd XKLS:0296
50 GF Score
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! 2 Warning Signs
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What is HE Group Bhd ROCE %?

HE Group Bhd XKLS:0296 -1.89% 50 ROCE % is 19.06% as of Mar. 2026. GuruFocus rates XKLS:0296 with a GF Score™ of 50/100. The stock has 2 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. HE Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.06%.

HE Group Bhd  (XKLS:0296) 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.

HE Group Bhd ROCE % Related Terms

HE Group Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for HE 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.

HE Group Bhd ROCE % Chart

HE Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 48.39 53.39 64.73 41.18 21.99

HE Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 25.21 26.02 28.60 12.48 19.06
XKLS:0296
50GF Score
HE Group Bhd XKLS:0296
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HE Group Bhd ROCE % Calculation

HE 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 )
=15.039/( ( (111.187 - 47.031) + (114.136 - 41.494) )/ 2 )
=15.039/( (64.156+72.642)/ 2 )
=15.039/68.399
=21.99 %

HE 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 )
=13.672/( ( (114.136 - 41.494) + (117.308 - 46.456) )/ 2 )
=13.672/( ( 72.642 + 70.852 )/ 2 )
=13.672/71.747
=19.06 %

(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 19.06% mean?
HE Group Bhd (XKLS:0296) has a ROCE % of 19.06% as of Mar. 2026.
Is HE Group Bhd's ROCE % too high?
HE Group Bhd's current ROCE % is 19.06%. The Construction industry median ROCE % is 8.22. HE Group Bhd's value of 19.06% is 131.9% above this industry median. Overall, HE Group Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's ROCE % compare to PWR and FIX?
HE Group Bhd's ROCE % of 19.06% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. HE Group Bhd's value of 19.06% is 131.9% 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,748 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. HE Group Bhd's current ROCE % of 19.06% is 131.9% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HE Group Bhd's current ROCE % is 19.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HE Group Bhd stock overvalued right now?
HE Group Bhd (XKLS:0296) has a current ROCE % of 19.06%. The current ROCE % is 19.06% and 131.9% above the Construction industry median of 8.22. HE Group Bhd's overall GF Score™ is 50/100 with 2 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 HE Group Bhd (XKLS:0296), the current ROCE % is 19.06% 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.

HE Group Bhd Business Description

Address No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
50GF Score

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

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