PBA Holdings Bhd (XKLS:5041) ROCE %: 10.18% (As of Mar. 2026)


XKLS:5041 PBA Holdings Bhd XKLS:5041
80 GF Score
Price RM1.97
GF Value RM2.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PBA Holdings Bhd ROCE %?

PBA Holdings Bhd XKLS:5041 -1.50% 80 ROCE % is 10.18% as of Mar. 2026. GuruFocus rates XKLS:5041 with a GF Score™ of 80/100 and a GF Value™ of RM2.29 (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. PBA Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.18%.

PBA Holdings Bhd  (XKLS:5041) 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.

PBA Holdings Bhd ROCE % Related Terms

PBA Holdings Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for PBA 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.

PBA Holdings Bhd ROCE % Chart

PBA Holdings 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 4.03 3.76 6.24 11.36 10.02

PBA 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 5.99 10.21 8.48 12.25 10.18
XKLS:5041
80GF Score
PBA Holdings Bhd XKLS:5041
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PBA Holdings Bhd ROCE % Calculation

PBA 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 )
=170.718/( ( (1806.956 - 313.995) + (2251.151 - 334.948) )/ 2 )
=170.718/( (1492.961+1916.203)/ 2 )
=170.718/1704.582
=10.02 %

PBA 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 )
=196.828/( ( (2251.151 - 334.948) + (2253.185 - 303.774) )/ 2 )
=196.828/( ( 1916.203 + 1949.411 )/ 2 )
=196.828/1932.807
=10.18 %

(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 10.18% mean?
PBA Holdings Bhd (XKLS:5041) has a ROCE % of 10.18% as of Mar. 2026.
Is PBA Holdings Bhd's ROCE % too high?
PBA Holdings Bhd's current ROCE % is 10.18%. The Utilities - Regulated industry median ROCE % is 6.91. PBA Holdings Bhd's value of 10.18% is 47.3% above this industry median. Overall, PBA Holdings Bhd has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PBA Holdings Bhd's ROCE % compare to AWK and WTRG?
PBA Holdings Bhd's ROCE % of 10.18% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. PBA Holdings Bhd's value of 10.18% is 47.3% 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 - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 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. PBA Holdings Bhd's current ROCE % of 10.18% is 47.3% 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 - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBA Holdings Bhd's current ROCE % is 10.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBA Holdings Bhd (XKLS:5041) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.29, compared to a current price of RM1.97 — trading 14% below its estimated fair value. The current ROCE % is 10.18% and 47.3% above the Utilities - Regulated industry median of 6.91. PBA Holdings Bhd's overall GF Score™ is 80/100 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 PBA Holdings Bhd (XKLS:5041), the current ROCE % is 10.18% 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 PBA Holdings Bhd (XKLS:5041) Overvalued in 2026?

Based on GuruFocus' analysis, PBA Holdings Bhd stock appears to be undervalued. The current stock price of RM1.97 is trading 14% below its estimated GF Value™ of RM2.29. GuruFocus considers PBA Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5041:

  • ROCE %: 10.18%
  • GF Value™: RM2.29 vs. price of RM1.97 (14% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 47.3% above the Utilities - Regulated median

No single metric tells the full story. See the XKLS:5041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PBA Holdings Bhd Business Description

Address Penang Road, Level 32, Komtar, Georgetown, PNG, MYS, 10000
PBA Holdings Bhd is an investment holding company. Its primary business is to sustain continuous good water supply in Penang. With population growth and increasing socio-economic development, It has to employ holistic water supply management strategies. It manage both water demand and supply in a water-stressed state. The group has one reportable segment, which is the abstraction of raw water, treatment of water, supply and sale of treated water to consumers in the State of Penang. The company operated solely in Penang, Malaysia. The company through its subsidiaries is engaged in the abstraction of raw water, treatment of water, and supply and sale of treated water to consumers in the State of Penang. It operates geographically in Malaysia.
80GF Score

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

RM1.97
Price
RM2.29
GF Value