Wasco Bhd (XKLS:5142) ROIC %: 4.58% (As of Mar. 2026)

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XKLS:5142 Wasco Bhd XKLS:5142
56 GF Score
Price RM0.74
GF Value RM0.91
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wasco Bhd ROIC %?

Wasco Bhd XKLS:5142 +0.68% 56 ROIC % is 4.58% as of Mar. 2026. GuruFocus rates XKLS:5142 with a GF Score™ of 56/100 and a GF Value™ of RM0.91 (Modestly Undervalued). The stock has 3 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 %. Wasco Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 4.58%.

As of today (2026-07-20), Wasco Bhd's WACC % is 6.91%. Wasco Bhd's ROIC % is 8.48% (calculated using TTM income statement data). Wasco 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.


Wasco Bhd  (XKLS:5142) 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, Wasco Bhd's WACC % is 6.91%. Wasco Bhd's ROIC % is 8.48% (calculated using TTM income statement data). Wasco 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.


Wasco Bhd ROIC % Related Terms


Wasco Bhd ROIC % Historical Data

* Premium members only.

The historical data trend for Wasco 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.

Wasco Bhd ROIC % Chart

Wasco 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 2.09 4.79 7.91 10.90 8.27

Wasco 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 8.21 4.83 9.34 14.95 4.58

XKLS:5142 vs SLB, BKR, HAL: ROIC % Comparison

For the Oil & Gas Equipment & Services subindustry, Wasco 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.


Wasco Bhd ROIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's ROIC % distribution charts can be found below:

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


XKLS:5142
56GF Score
Wasco Bhd XKLS:5142
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wasco Bhd ROIC % Calculation

Wasco 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 )
=208.956 * ( 1 - 20.06% )/( (2261.754 + 1780.157)/ 2 )
=167.0394264/2020.9555
=8.27 %

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))
=2889.641 - 491.01 - ( 352.504 - max(0, 1589.765 - 1726.642+352.504))
=2261.754

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))
=2521.181 - 340.35 - ( 400.674 - max(0, 959.682 - 1416.781+400.674))
=1780.157

Wasco 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 )
=107.892 * ( 1 - 27.33% )/( (1780.157 + 1642.072)/ 2 )
=78.4051164/1711.1145
=4.58 %

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))
=2521.181 - 340.35 - ( 400.674 - max(0, 959.682 - 1416.781+400.674))
=1780.157

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))
=2506.714 - 464.189 - ( 400.453 - max(0, 978.02 - 1404.981+400.453))
=1642.072

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 4.58% mean?
Wasco Bhd (XKLS:5142) has a ROIC % of 4.58% 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 Wasco Bhd and its competitors.
Is Wasco Bhd's ROIC % too high?
Wasco Bhd's current ROIC % is 4.58%. The Oil & Gas industry median ROIC % is 3.72. Wasco Bhd's value of 4.58% is 23.1% above this industry median. Overall, Wasco Bhd has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wasco Bhd's ROIC % compare to SLB and BKR?
Wasco Bhd's ROIC % of 4.58% can be compared against companies in the Oil & Gas industry. The industry median ROIC % is 3.72. Wasco Bhd's value of 4.58% is 23.1% 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 an Oil & Gas company?
The median ROIC % among Oil & Gas companies is 3.72, based on 997 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. Wasco Bhd's current ROIC % of 4.58% is 23.1% 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 Wasco Bhd and its competitors. For the Oil & Gas industry, the median ROIC % is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Bhd's current ROIC % is 4.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wasco Bhd (XKLS:5142) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.91, compared to a current price of RM0.74 — trading 18.7% below its estimated fair value. The current ROIC % is 4.58% and 23.1% above the Oil & Gas industry median of 3.72. Wasco Bhd's overall GF Score™ is 56/100 with 3 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 Wasco Bhd (XKLS:5142), the current ROIC % is 4.58% 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 Wasco Bhd (XKLS:5142) Overvalued in 2026?

Based on GuruFocus' analysis, Wasco Bhd stock appears to be undervalued. The current stock price of RM0.74 is trading 18.7% below its estimated GF Value™ of RM0.91. GuruFocus considers Wasco Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5142:

  • ROIC %: 4.58%
  • GF Value™: RM0.91 vs. price of RM0.74 (18.7% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 23.1% above the Oil & Gas median

No single metric tells the full story. See the XKLS:5142 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wasco Bhd Business Description

Industry EnergyOil & Gas
Address The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment, and provision of bioenergy services. Its segments include the Energy solutions services division; the Bioenergy services division; the Trading division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.
56GF Score

Get the complete analysis for XKLS:5142

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

RM0.74
Price
RM0.91
GF Value