Evergreen Fibreboard Bhd (XKLS:5101) ROIC %: -4.15% (As of Mar. 2026)


XKLS:5101 Evergreen Fibreboard Bhd XKLS:5101
29 GF Score
Price RM0.14
GF Value RM0.25
Valuation Possible Value Trap
! 4 Warning Signs
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What is Evergreen Fibreboard Bhd ROIC %?

Evergreen Fibreboard Bhd XKLS:5101 29 ROIC % is -4.15% as of Mar. 2026. GuruFocus rates XKLS:5101 with a GF Score™ of 29/100 and a GF Value™ of RM0.25 (Possible Value Trap). The stock has 4 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 %. Evergreen Fibreboard Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -4.15%.

As of today (2026-07-06), Evergreen Fibreboard Bhd's WACC % is 4.54%. Evergreen Fibreboard Bhd's ROIC % is -2.41% (calculated using TTM income statement data). Evergreen Fibreboard Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Evergreen Fibreboard Bhd  (XKLS:5101) 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, Evergreen Fibreboard Bhd's WACC % is 4.54%. Evergreen Fibreboard Bhd's ROIC % is -2.41% (calculated using TTM income statement data). Evergreen Fibreboard 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.


Evergreen Fibreboard Bhd ROIC % Related Terms


Evergreen Fibreboard Bhd ROIC % Historical Data

* Premium members only.

The historical data trend for Evergreen Fibreboard 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.

Evergreen Fibreboard Bhd ROIC % Chart

Evergreen Fibreboard 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 2.47 1.65 -1.82 0.23 -0.82

Evergreen Fibreboard 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 0.39 0.00 -0.55 -5.06 -4.15

XKLS:5101 vs SN, SGI, MHK: ROIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Evergreen Fibreboard 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.


Evergreen Fibreboard Bhd ROIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Evergreen Fibreboard Bhd's ROIC % distribution charts can be found below:

* The bar in red indicates where Evergreen Fibreboard Bhd's ROIC % falls into.


XKLS:5101
29GF Score
Evergreen Fibreboard Bhd XKLS:5101
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Fibreboard Bhd ROIC % Calculation

Evergreen Fibreboard 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 )
=-9.803 * ( 1 - 0% )/( (1210.908 + 1172.352)/ 2 )
=-9.803/1191.63
=-0.82 %

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))
=1432.628 - 81.728 - ( 139.992 - max(0, 310.311 - 460.942+139.992))
=1210.908

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))
=1313.809 - 58.584 - ( 82.873 - max(0, 237.733 - 388.715+82.873))
=1172.352

Evergreen Fibreboard 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 )
=-47.036 * ( 1 - 0% )/( (1172.352 + 1095.965)/ 2 )
=-47.036/1134.1585
=-4.15 %

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))
=1313.809 - 58.584 - ( 82.873 - max(0, 237.733 - 388.715+82.873))
=1172.352

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))
=1305.197 - 113.516 - ( 95.716 - max(0, 259.185 - 398.164+95.716))
=1095.965

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 -4.15% mean?
Evergreen Fibreboard Bhd (XKLS:5101) has a ROIC % of -4.15% 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 Evergreen Fibreboard Bhd and its competitors.
Is Evergreen Fibreboard Bhd's ROIC % too high?
Evergreen Fibreboard Bhd's current ROIC % is -4.15%. Overall, Evergreen Fibreboard Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Evergreen Fibreboard Bhd's ROIC % compare to SN and SGI?
Evergreen Fibreboard Bhd's ROIC % of -4.15% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROIC % is 3.42. 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 Furnishings, Fixtures & Appliances company?
The median ROIC % among Furnishings, Fixtures & Appliances companies is 3.42, based on 426 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. 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 Evergreen Fibreboard Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROIC % is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Fibreboard Bhd's current ROIC % is -4.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Fibreboard Bhd stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Fibreboard Bhd (XKLS:5101) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.14 — trading 46% below its estimated fair value. The current ROIC % is -4.15%. Evergreen Fibreboard Bhd's overall GF Score™ is 29/100 with 4 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 Evergreen Fibreboard Bhd (XKLS:5101), the current ROIC % is -4.15% 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 Evergreen Fibreboard Bhd (XKLS:5101) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Fibreboard Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 46% below its estimated GF Value™ of RM0.25. GuruFocus considers Evergreen Fibreboard Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5101:

  • ROIC %: -4.15%
  • GF Value™: RM0.25 vs. price of RM0.14 (46% below fair value)
  • GF Score™: 29/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Fibreboard Bhd Business Description

Address PLO 22, Parit Raja Industrial Estate, Batu Pahat, Parit Raja, JHR, MYS, 86400
Evergreen Fibreboard Bhd is engaged in the manufacture of medium-density fibreboard and wooden furniture. The group is organised into geographical segments; Malaysia which involves the manufacture of medium-density fibreboard, wooden furniture parts, and furniture, particleboard, glue, and resin, as well as trading and managing of plantation; Thailand which involves the production and distribution of medium density fibreboard and wood products; and Indonesia which comprises manufacture of medium density fibreboard, glue, and resin; and Others which consists distribution of household products made of rubberwood. It derives prime revenue from Malaysia.
29GF Score

Get the complete analysis for XKLS:5101

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

RM0.14
Price
RM0.25
GF Value