Heineken Malaysia Bhd (XKLS:3255) ROCE %: 93.29% (As of Mar. 2026)


XKLS:3255 Heineken Malaysia Bhd XKLS:3255
92 GF Score
Price RM19.36
GF Value RM23.81
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Heineken Malaysia Bhd ROCE %?

Heineken Malaysia Bhd XKLS:3255 -0.51% 92 ROCE % is 93.29% as of Mar. 2026. GuruFocus rates XKLS:3255 with a GF Score™ of 92/100 and a GF Value™ of RM23.81 (Modestly Undervalued). 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. Heineken Malaysia Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 93.29%.

Heineken Malaysia Bhd  (XKLS:3255) 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.

Heineken Malaysia Bhd ROCE % Related Terms

Heineken Malaysia Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Heineken Malaysia 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.

Heineken Malaysia Bhd ROCE % Chart

Heineken Malaysia Bhd Annual Data
Trend Jun15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.31 124.64 101.46 112.78 111.09

Heineken Malaysia 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 105.45 80.39 145.89 159.35 93.29
XKLS:3255
92GF Score
Heineken Malaysia Bhd XKLS:3255
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heineken Malaysia Bhd ROCE % Calculation

Heineken Malaysia 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 )
=619.172/( ( (1280.188 - 719.876) + (1341.794 - 787.431) )/ 2 )
=619.172/( (560.312+554.363)/ 2 )
=619.172/557.3375
=111.09 %

Heineken Malaysia 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 )
=565.516/( ( (1341.794 - 787.431) + (1252.79 - 594.753) )/ 2 )
=565.516/( ( 554.363 + 658.037 )/ 2 )
=565.516/606.2
=93.29 %

(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 93.29% mean?
Heineken Malaysia Bhd (XKLS:3255) has a ROCE % of 93.29% as of Mar. 2026.
Is Heineken Malaysia Bhd's ROCE % too high?
Heineken Malaysia Bhd's current ROCE % is 93.29%. The Beverages - Alcoholic industry median ROCE % is 7.68. Heineken Malaysia Bhd's value of 93.29% is 1115.5% above this industry median. Overall, Heineken Malaysia Bhd has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heineken Malaysia Bhd's ROCE % compare to STZ and TAP?
Heineken Malaysia Bhd's ROCE % of 93.29% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.68. Heineken Malaysia Bhd's value of 93.29% is 1115.5% 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 Beverages - Alcoholic company?
The median ROCE % among Beverages - Alcoholic companies is 7.68, based on 208 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. Heineken Malaysia Bhd's current ROCE % of 93.29% is 1115.5% 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 Beverages - Alcoholic industry, the median ROCE % is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Malaysia Bhd's current ROCE % is 93.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Heineken Malaysia Bhd (XKLS:3255) is currently considered Modestly Undervalued. The stock's GF Value™ is RM23.81, compared to a current price of RM19.36 — trading 18.7% below its estimated fair value. The current ROCE % is 93.29% and 1115.5% above the Beverages - Alcoholic industry median of 7.68. Heineken Malaysia Bhd's overall GF Score™ is 92/100 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 Heineken Malaysia Bhd (XKLS:3255), the current ROCE % is 93.29% 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 Heineken Malaysia Bhd (XKLS:3255) Overvalued in 2026?

Based on GuruFocus' analysis, Heineken Malaysia Bhd stock appears to be undervalued. The current stock price of RM19.36 is trading 18.7% below its estimated GF Value™ of RM23.81. GuruFocus considers Heineken Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3255:

  • ROCE %: 93.29%
  • GF Value™: RM23.81 vs. price of RM19.36 (18.7% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 1115.5% above the Beverages - Alcoholic median

No single metric tells the full story. See the XKLS:3255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Heineken Malaysia Bhd Business Description

Address Batu 9, Jalan Klang Lama, Sungei Way Brewery, Lot 1135, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 46000
Heineken Malaysia Bhd is engaged in the production, packaging, marketing, and distribution of beverages, mainly alcoholic. The portfolio of the company includes various brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand-inspired cider - Apple Fox Cider, Edelweiss, infused with juicy peach flavour, The premium Irish ale - Kilkenny, The real shandy - Anglia, and others.
92GF Score

Get the complete analysis for XKLS:3255

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

RM19.36
Price
RM23.81
GF Value