Fraser & Neave Holdings Bhd (XKLS:3689) ROCE %: 13.47% (As of Mar. 2026)


XKLS:3689 Fraser & Neave Holdings Bhd XKLS:3689
88 GF Score
Price RM27.70
GF Value RM28.05
Valuation Fairly Valued
! 2 Warning Signs
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What is Fraser & Neave Holdings Bhd ROCE %?

Fraser & Neave Holdings Bhd XKLS:3689 -1.70% 88 ROCE % is 13.47% as of Mar. 2026. GuruFocus rates XKLS:3689 with a GF Score™ of 88/100 and a GF Value™ of RM28.05 (Fairly Valued). 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. Fraser & Neave Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.47%.

Fraser & Neave Holdings Bhd  (XKLS:3689) 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.

Fraser & Neave Holdings Bhd ROCE % Related Terms

Fraser & Neave Holdings Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Fraser & Neave 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.

Fraser & Neave Holdings Bhd ROCE % Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.71 14.51 17.32 16.99 17.39

Fraser & Neave Holdings 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 18.39 13.02 16.23 16.25 13.47
XKLS:3689
88GF Score
Fraser & Neave Holdings Bhd XKLS:3689
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fraser & Neave Holdings Bhd ROCE % Calculation

Fraser & Neave Holdings Bhd's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=765.511/( ( (5474.477 - 1109.691) + (5613.785 - 1172.743) )/ 2 )
=765.511/( (4364.786+4441.042)/ 2 )
=765.511/4402.914
=17.39 %

Fraser & Neave 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 )
=608.536/( ( (5848.023 - 1289.355) + (5785.775 - 1310.594) )/ 2 )
=608.536/( ( 4558.668 + 4475.181 )/ 2 )
=608.536/4516.9245
=13.47 %

(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 13.47% mean?
Fraser & Neave Holdings Bhd (XKLS:3689) has a ROCE % of 13.47% as of Mar. 2026.
Is Fraser & Neave Holdings Bhd's ROCE % too high?
Fraser & Neave Holdings Bhd's current ROCE % is 13.47%. The Beverages - Non-Alcoholic industry median ROCE % is 12.40. Fraser & Neave Holdings Bhd's value of 13.47% is 8.7% above this industry median. Overall, Fraser & Neave Holdings Bhd has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fraser & Neave Holdings Bhd's ROCE % compare to KO and PEP?
Fraser & Neave Holdings Bhd's ROCE % of 13.47% can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median ROCE % is 12.40. Fraser & Neave Holdings Bhd's value of 13.47% is 8.7% 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 - Non-Alcoholic company?
The median ROCE % among Beverages - Non-Alcoholic companies is 12.40, based on 114 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. Fraser & Neave Holdings Bhd's current ROCE % of 13.47% is 8.7% 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 - Non-Alcoholic industry, the median ROCE % is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fraser & Neave Holdings Bhd's current ROCE % is 13.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.05, compared to a current price of RM27.70 — trading 1.2% below its estimated fair value. The current ROCE % is 13.47% and 8.7% above the Beverages - Non-Alcoholic industry median of 12.40. Fraser & Neave Holdings Bhd's overall GF Score™ is 88/100 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 Fraser & Neave Holdings Bhd (XKLS:3689), the current ROCE % is 13.47% 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be undervalued. The current stock price of RM27.70 is trading 1.2% below its estimated GF Value™ of RM28.05. GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:3689:

  • ROCE %: 13.47%
  • GF Value™: RM28.05 vs. price of RM27.70 (1.2% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 8.7% above the Beverages - Non-Alcoholic median

No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fraser & Neave Holdings Bhd Business Description

Address No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
88GF Score

Get the complete analysis for XKLS:3689

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

RM27.70
Price
RM28.05
GF Value