Solid Automotive Bhd (XKLS:5242) ROCE %: -0.25% (As of Apr. 2026)


XKLS:5242 Solid Automotive Bhd XKLS:5242
47 GF Score
Price RM0.12
GF Value RM0.19
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Solid Automotive Bhd ROCE %?

Solid Automotive Bhd XKLS:5242 -4.17% 47 ROCE % is -0.25% as of Apr. 2026. GuruFocus rates XKLS:5242 with a GF Score™ of 47/100 and a GF Value™ of RM0.19 (Significantly Undervalued). The stock has 4 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. Solid Automotive Bhd's annualized ROCE % for the quarter that ended in Apr. 2026 was -0.25%.

Solid Automotive Bhd  (XKLS:5242) 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.

Solid Automotive Bhd ROCE % Related Terms

Solid Automotive Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd ROCE % Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.18 7.47 18.76 4.14 3.26

Solid Automotive Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.65 5.15 4.58 3.68 -0.25
XKLS:5242
47GF Score
Solid Automotive Bhd XKLS:5242
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid Automotive Bhd ROCE % Calculation

Solid Automotive Bhd's annualized ROCE % for the fiscal year that ended in Apr. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=8.057/( ( (318.446 - 77.158) + (341.883 - 88.952) )/ 2 )
=8.057/( (241.288+252.931)/ 2 )
=8.057/247.1095
=3.26 %

Solid Automotive Bhd's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=-0.636/( ( (336.928 - 89.653) + (341.883 - 88.952) )/ 2 )
=-0.636/( ( 247.275 + 252.931 )/ 2 )
=-0.636/250.103
=-0.25 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 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 -0.25% mean?
Solid Automotive Bhd (XKLS:5242) has a ROCE % of -0.25% as of Apr. 2026.
Is Solid Automotive Bhd's ROCE % too high?
Solid Automotive Bhd's current ROCE % is -0.25%. Overall, Solid Automotive Bhd has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's ROCE % compare to ORLY and AZO?
Solid Automotive Bhd's ROCE % of -0.25% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Automotive Bhd's current ROCE % is -0.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.12 — trading 39.5% below its estimated fair value. The current ROCE % is -0.25%. Solid Automotive Bhd's overall GF Score™ is 47/100 with 4 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 Solid Automotive Bhd (XKLS:5242), the current ROCE % is -0.25% as of Apr. 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 39.5% below its estimated GF Value™ of RM0.19. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • ROCE %: -0.25%
  • GF Value™: RM0.19 vs. price of RM0.12 (39.5% below fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
47GF Score

Get the complete analysis for XKLS:5242

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

RM0.12
Price
RM0.19
GF Value