Elridge Energy Holdings Bhd (XKLS:0318) ROCE %: 38.27% (As of Mar. 2026)


XKLS:0318 Elridge Energy Holdings Bhd XKLS:0318
18 GF Score
Price RM0.89
! 2 Warning Signs
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What is Elridge Energy Holdings Bhd ROCE %?

Elridge Energy Holdings Bhd XKLS:0318 +1.72% 18 ROCE % is 38.27% as of Mar. 2026. GuruFocus rates XKLS:0318 with a GF Score™ of 18/100. 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. Elridge Energy Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 38.27%.


Elridge Energy Holdings Bhd  (XKLS:0318) 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.


Elridge Energy Holdings Bhd ROCE % Related Terms


Elridge Energy Holdings Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Elridge Energy Holdings 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.

Elridge Energy Holdings Bhd ROCE % Chart

Elridge Energy Holdings Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
31.80 85.54 95.02 50.37 36.83

Elridge Energy Holdings Bhd Quarterly Data
Dec21 Dec22 Dec23 Apr24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 39.50 34.79 36.29 42.61 38.27
XKLS:0318
18GF Score
Elridge Energy Holdings Bhd XKLS:0318
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elridge Energy Holdings Bhd ROCE % Calculation

Elridge Energy Holdings 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 )
=82.096/( ( (266.41 - 80.155) + (364.394 - 104.842) )/ 2 )
=82.096/( (186.255+259.552)/ 2 )
=82.096/222.9035
=36.83 %

Elridge Energy Holdings 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 )
=102.916/( ( (364.394 - 104.842) + (399.082 - 120.759) )/ 2 )
=102.916/( ( 259.552 + 278.323 )/ 2 )
=102.916/268.9375
=38.27 %

(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 38.27% mean?
Elridge Energy Holdings Bhd (XKLS:0318) has a ROCE % of 38.27% as of Mar. 2026.
Is Elridge Energy Holdings Bhd's ROCE % too high?
Elridge Energy Holdings Bhd's current ROCE % is 38.27%. The Utilities - Independent Power Producers industry median ROCE % is 4.62. Elridge Energy Holdings Bhd's value of 38.27% is 728.4% above this industry median. Overall, Elridge Energy Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Elridge Energy Holdings Bhd's ROCE % compare to competitors?
Elridge Energy Holdings Bhd's ROCE % of 38.27% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.62. Elridge Energy Holdings Bhd's value of 38.27% is 728.4% 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 an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.62, based on 437 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. Elridge Energy Holdings Bhd's current ROCE % of 38.27% is 728.4% 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elridge Energy Holdings Bhd's current ROCE % is 38.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elridge Energy Holdings Bhd stock overvalued right now?
Elridge Energy Holdings Bhd (XKLS:0318) has a current ROCE % of 38.27%. The current ROCE % is 38.27% and 728.4% above the Utilities - Independent Power Producers industry median of 4.62. Elridge Energy Holdings Bhd's overall GF Score™ is 18/100 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 Elridge Energy Holdings Bhd (XKLS:0318), the current ROCE % is 38.27% 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.

Elridge Energy Holdings Bhd Business Description

Address 61-2, Jalan Radin Tengah, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Elridge Energy Holdings Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of biomass fuel products, particularly Palm Kernel Shells (PKS) and wood pellets. Geographically, the group generates a majority of its revenue from Malaysia, followed by Indonesia, Japan, Singapore, and Thailand.
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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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