KSL Holdings Bhd (XKLS:5038) ROIC %: 4.56% (As of Mar. 2026)

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XKLS:5038 KSL Holdings Bhd XKLS:5038
65 GF Score
Price RM2.92
GF Value RM2.15
Valuation Significantly Overvalued
! 5 Warning Signs
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What is KSL Holdings Bhd ROIC %?

KSL Holdings Bhd XKLS:5038 -0.34% 65 ROIC % is 4.56% as of Mar. 2026. GuruFocus rates XKLS:5038 with a GF Score™ of 65/100 and a GF Value™ of RM2.15 (Significantly Overvalued). The stock has 5 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 %. KSL Holdings Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 4.56%.

As of today (2026-07-19), KSL Holdings Bhd's WACC % is 12.77%. KSL Holdings Bhd's ROIC % is 8.53% (calculated using TTM income statement data). KSL Holdings Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


KSL Holdings Bhd  (XKLS:5038) 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, KSL Holdings Bhd's WACC % is 12.77%. KSL Holdings Bhd's ROIC % is 8.53% (calculated using TTM income statement data). KSL Holdings Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


KSL Holdings Bhd ROIC % Related Terms


KSL Holdings Bhd ROIC % Historical Data

* Premium members only.

The historical data trend for KSL 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.

KSL Holdings Bhd ROIC % Chart

KSL Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 4.08 10.94 10.16 8.14

KSL 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 4.41 9.61 8.25 11.99 4.56

KSL Holdings Bhd ROIC % Competitor Comparison

For the Real Estate - Development subindustry, KSL 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.


KSL Holdings Bhd ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KSL Holdings Bhd's ROIC % distribution charts can be found below:

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


XKLS:5038
65GF Score
KSL Holdings Bhd XKLS:5038
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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KSL Holdings Bhd ROIC % Calculation

KSL Holdings Bhd's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=541.836 * ( 1 - 23.62% )/( (4621.607 + 5548.619)/ 2 )
=413.8543368/5085.113
=8.14 %

where

Invested Capital(A: Dec. 2024 )
=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))
=5003.094 - 180.646 - ( 200.841 - max(0, 706.344 - 1813.171+200.841))
=4621.607

Invested Capital(A: 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))
=6060.951 - 224.079 - ( 288.253 - max(0, 1240.313 - 2454.85+288.253))
=5548.619

KSL 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 )
=342.272 * ( 1 - 25.99% )/( (5548.619 + 5568.548)/ 2 )
=253.3155072/5558.5835
=4.56 %

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))
=6060.951 - 224.079 - ( 288.253 - max(0, 1240.313 - 2454.85+288.253))
=5548.619

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))
=6122.538 - 245.239 - ( 308.751 - max(0, 1236.532 - 2378.475+308.751))
=5568.548

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 4.56% mean?
KSL Holdings Bhd (XKLS:5038) has a ROIC % of 4.56% 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 KSL Holdings Bhd and its competitors.
Is KSL Holdings Bhd's ROIC % too high?
KSL Holdings Bhd's current ROIC % is 4.56%. The Real Estate industry median ROIC % is 2.17. KSL Holdings Bhd's value of 4.56% is 110.1% above this industry median. Overall, KSL Holdings Bhd has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSL Holdings Bhd's ROIC % compare to competitors?
KSL Holdings Bhd's ROIC % of 4.56% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.17. KSL Holdings Bhd's value of 4.56% is 110.1% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.17, based on 1,755 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. KSL Holdings Bhd's current ROIC % of 4.56% is 110.1% 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 KSL Holdings Bhd and its competitors. For the Real Estate industry, the median ROIC % is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSL Holdings Bhd's current ROIC % is 4.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSL Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, KSL Holdings Bhd (XKLS:5038) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.15, compared to a current price of RM2.92 — trading 35.8% above its estimated fair value. The current ROIC % is 4.56% and 110.1% above the Real Estate industry median of 2.17. KSL Holdings Bhd's overall GF Score™ is 65/100 with 5 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 KSL Holdings Bhd (XKLS:5038), the current ROIC % is 4.56% 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 KSL Holdings Bhd (XKLS:5038) Overvalued in 2026?

Based on GuruFocus' analysis, KSL Holdings Bhd stock appears to be overvalued. The current stock price of RM2.92 is trading 35.8% above its estimated GF Value™ of RM2.15. GuruFocus considers KSL Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5038:

  • ROIC %: 4.56%
  • GF Value™: RM2.15 vs. price of RM2.92 (35.8% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 110.1% above the Real Estate median

No single metric tells the full story. See the XKLS:5038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KSL Holdings Bhd Business Description

Address Wisma KSL, No. 148, Batu 1 1/2, Jalan Buloh Kasap, Segamat, JHR, MYS, 85000
KSL Holdings Bhd is a holding company. It is engaged in real estate services. The company has four reportable segments: Property development, Property investment, Investment holding, and Car park operation. Property development includes the development of residential and commercial properties; Property investment includes an investment in real properties and hotels; Investment holding includes the provision of management services to the subsidiaries, and Car park operation includes car park management services. KSL derives the majority of its revenue from Property development.
65GF Score

Get the complete analysis for XKLS:5038

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

RM2.92
Price
RM2.15
GF Value