Solarvest Holdings Bhd (XKLS:0215) ROIC %: 9.92% (As of Mar. 2026)


XKLS:0215 Solarvest Holdings Bhd XKLS:0215
94 GF Score
Price RM2.99
GF Value RM2.57
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Solarvest Holdings Bhd ROIC %?

Solarvest Holdings Bhd XKLS:0215 +4.91% 94 ROIC % is 9.92% as of Mar. 2026. GuruFocus rates XKLS:0215 with a GF Score™ of 94/100 and a GF Value™ of RM2.57 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Solarvest Holdings Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 9.92%.

As of today (2026-06-28), Solarvest Holdings Bhd's WACC % is 6.67%. Solarvest Holdings Bhd's ROIC % is 10.79% (calculated using TTM income statement data). Solarvest Holdings Bhd generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Solarvest Holdings Bhd  (XKLS:0215) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Solarvest Holdings Bhd's WACC % is 6.67%. Solarvest Holdings Bhd's ROIC % is 10.79% (calculated using TTM income statement data). Solarvest Holdings Bhd generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Solarvest Holdings Bhd ROIC % Related Terms


Solarvest Holdings Bhd ROIC % Historical Data

* Premium members only.

The historical data trend for Solarvest Holdings Bhd's ROIC % 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.

Solarvest Holdings Bhd ROIC % Chart

Solarvest Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 9.32 10.69 9.81 9.88

Solarvest Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 11.58 10.43 12.45 12.12 9.92

XKLS:0215 vs FSLR, NXT, ENPH: ROIC % Comparison

For the Solar subindustry, Solarvest Holdings Bhd's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solarvest Holdings Bhd ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solarvest Holdings Bhd's ROIC % distribution charts can be found below:

* The bar in red indicates where Solarvest Holdings Bhd's ROIC % falls into.


XKLS:0215
94GF Score
Solarvest Holdings Bhd XKLS:0215
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solarvest Holdings Bhd ROIC % Calculation

Solarvest Holdings Bhd's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=114.464 * ( 1 - 30.02% )/( (767.118 + 854.876)/ 2 )
=80.1019072/810.997
=9.88 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1027.751 - 162.417 - ( 98.216 - max(0, 464.966 - 675.161+98.216))
=767.118

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1595.114 - 253.044 - ( 487.194 - max(0, 381.46 - 1045.675+487.194))
=854.876

Solarvest Holdings Bhd's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=132.788 * ( 1 - 39.38% )/( (767.865 + 854.876)/ 2 )
=80.4960856/811.3705
=9.92 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1445.18 - 155.996 - ( 521.319 - max(0, 288.963 - 971.081+521.319))
=767.865

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1595.114 - 253.044 - ( 487.194 - max(0, 381.46 - 1045.675+487.194))
=854.876

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 9.92% mean?
Solarvest Holdings Bhd (XKLS:0215) has a ROIC % of 9.92% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Solarvest Holdings Bhd and its competitors.
Is Solarvest Holdings Bhd's ROIC % too high?
Solarvest Holdings Bhd's current ROIC % is 9.92%. The Semiconductors industry median ROIC % is 3.74. Solarvest Holdings Bhd's value of 9.92% is 165.2% above this industry median. Overall, Solarvest Holdings Bhd has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solarvest Holdings Bhd's ROIC % compare to FSLR and NXT?
Solarvest Holdings Bhd's ROIC % of 9.92% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. Solarvest Holdings Bhd's value of 9.92% is 165.2% 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 ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.74, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solarvest Holdings Bhd's current ROIC % of 9.92% is 165.2% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Solarvest Holdings Bhd and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solarvest Holdings Bhd's current ROIC % is 9.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solarvest Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solarvest Holdings Bhd (XKLS:0215) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.57, compared to a current price of RM2.99 — trading 16.3% above its estimated fair value. The current ROIC % is 9.92% and 165.2% above the Semiconductors industry median of 3.74. Solarvest Holdings Bhd's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Solarvest Holdings Bhd (XKLS:0215), the current ROIC % is 9.92% 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 Solarvest Holdings Bhd (XKLS:0215) Overvalued in 2026?

Based on GuruFocus' analysis, Solarvest Holdings Bhd stock appears to be overvalued. The current stock price of RM2.99 is trading 16.3% above its estimated GF Value™ of RM2.57. GuruFocus considers Solarvest Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0215:

  • ROIC %: 9.92%
  • GF Value™: RM2.57 vs. price of RM2.99 (16.3% above fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 165.2% above the Semiconductors median

No single metric tells the full story. See the XKLS:0215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solarvest Holdings Bhd Business Description

Address No. 5, Jalan 13/6, Seksyen 13, L1-01, Pacific 63 at PJ Centre, Petaling Jaya, SGR, MYS, 46200
Solarvest Holdings Bhd is an investment holding company. The company's operating segment includes (engineering, procurement, construction and commissioning) EPCC of the solar energy system; Operations and maintenance of solar energy system; Sale of electricity through solar energy generation, and others. It generates maximum revenue from the EPCC of the solar energy system segment. The company serves residential; commercial; industrial and large-scale solar energy producers. The group operates mainly in Malaysia.
94GF Score

Get the complete analysis for XKLS:0215

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

RM2.99
Price
RM2.57
GF Value