TAS Offshore Bhd (XKLS:5149) ROCE %: 6.62% (As of Feb. 2026)


XKLS:5149 TAS Offshore Bhd XKLS:5149
52 GF Score
Price RM0.50
GF Value RM0.86
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAS Offshore Bhd ROCE %?

TAS Offshore Bhd XKLS:5149 52 ROCE % is 6.62% as of Feb. 2026. GuruFocus rates XKLS:5149 with a GF Score™ of 52/100 and a GF Value™ of RM0.86 (Significantly Undervalued). The stock has 3 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. TAS Offshore Bhd's annualized ROCE % for the quarter that ended in Feb. 2026 was 6.62%.

TAS Offshore Bhd  (XKLS:5149) 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.

TAS Offshore Bhd ROCE % Related Terms

TAS Offshore Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd ROCE % Chart

TAS Offshore Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 -0.37 17.35 12.81 20.59

TAS Offshore Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.06 10.24 38.93 27.22 6.62
XKLS:5149
52GF Score
TAS Offshore Bhd XKLS:5149
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TAS Offshore Bhd ROCE % Calculation

TAS Offshore Bhd's annualized ROCE % for the fiscal year that ended in May. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2025 )  (A: May. 2024 )(A: May. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2025 )  (A: May. 2024 )(A: May. 2025 )
=23.676/( ( (194.866 - 89.864) + (205.967 - 80.95) )/ 2 )
=23.676/( (105.002+125.017)/ 2 )
=23.676/115.0095
=20.59 %

TAS Offshore Bhd's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=9.296/( ( (200.124 - 59.399) + (197.028 - 57.108) )/ 2 )
=9.296/( ( 140.725 + 139.92 )/ 2 )
=9.296/140.3225
=6.62 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 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 6.62% mean?
TAS Offshore Bhd (XKLS:5149) has a ROCE % of 6.62% as of Feb. 2026.
Is TAS Offshore Bhd's ROCE % too high?
TAS Offshore Bhd's current ROCE % is 6.62%. The Aerospace & Defense industry median ROCE % is 6.29. TAS Offshore Bhd's value of 6.62% is 5.2% above this industry median. Overall, TAS Offshore Bhd has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's ROCE % compare to GE and RTX?
TAS Offshore Bhd's ROCE % of 6.62% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. TAS Offshore Bhd's value of 6.62% is 5.2% 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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. TAS Offshore Bhd's current ROCE % of 6.62% is 5.2% 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current ROCE % is 6.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.86, compared to a current price of RM0.50 — trading 42.4% below its estimated fair value. The current ROCE % is 6.62% and 5.2% above the Aerospace & Defense industry median of 6.29. TAS Offshore Bhd's overall GF Score™ is 52/100 with 3 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 TAS Offshore Bhd (XKLS:5149), the current ROCE % is 6.62% as of Feb. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.50 is trading 42.4% below its estimated GF Value™ of RM0.86. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • ROCE %: 6.62%
  • GF Value™: RM0.86 vs. price of RM0.50 (42.4% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 5.2% above the Aerospace & Defense median

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
52GF Score

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

RM0.50
Price
RM0.86
GF Value