ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Kein Hing International Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Jan. 2026 was 11.83%.
As of today (2026-06-29), Kein Hing International Bhd's WACC % is 6.66%. Kein Hing International Bhd's ROIC % is 12.14% (calculated using TTM income statement data).
Kein Hing International 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.
Kein Hing International Bhd (XKLS:7199) 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, Kein Hing International Bhd's WACC % is 6.66%. Kein Hing International Bhd's ROIC % is 12.14% (calculated using TTM income statement data).
Kein Hing International 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.
Kein Hing International Bhd ROIC % Related Terms
Kein Hing International Bhd ROIC % Historical 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.
For the Metal Fabrication subindustry, Kein Hing International 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.
Kein Hing International Bhd ROIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kein Hing International Bhd's ROIC % distribution charts can be found below:
* The bar in red indicates where Kein Hing International Bhd's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Jan. 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.
Kein Hing International Bhd (XKLS:7199) has a ROIC % of 11.83% as of Jan. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kein Hing International Bhd and its competitors.
Is Kein Hing International Bhd's ROIC % too high?
Kein Hing International Bhd's current ROIC % is 11.83%. The Industrial Products industry median ROIC % is 5.22. Kein Hing International Bhd's value of 11.83% is 126.8% above this industry median. Overall, Kein Hing International Bhd has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kein Hing International Bhd's ROIC % compare to CRS and ATI?
Kein Hing International Bhd's ROIC % of 11.83% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.22. Kein Hing International Bhd's value of 11.83% is 126.8% 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 Industrial Products company?
The median ROIC % among Industrial Products companies is 5.22, based on 3,034 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. Kein Hing International Bhd's current ROIC % of 11.83% is 126.8% 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 Kein Hing International Bhd and its competitors. For the Industrial Products industry, the median ROIC % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kein Hing International Bhd's current ROIC % is 11.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kein Hing International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kein Hing International Bhd (XKLS:7199) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM1.09 — trading 23.8% below its estimated fair value. The current ROIC % is 11.83% and 126.8% above the Industrial Products industry median of 5.22. Kein Hing International Bhd's overall GF Score™ is 84/100 with 2 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 Kein Hing International Bhd (XKLS:7199), the current ROIC % is 11.83% as of Jan. 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 Kein Hing International Bhd (XKLS:7199) Overvalued in 2026?
Based on GuruFocus' analysis, Kein Hing International Bhd stock appears to be undervalued.
The current stock price of RM1.09 is trading 23.8% below its estimated GF Value™ of RM1.43.
GuruFocus considers Kein Hing International Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7199:
ROIC %: 11.83%
GF Value™: RM1.43 vs. price of RM1.09 (23.8% below fair value)
Industry Position: 126.8% above the Industrial Products median
No single metric tells the full story. See the XKLS:7199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kein Hing International Bhd is a Malaysia-based investment holding company, whose principal activities include Sheet metal forming, precision machining, component assembly, and the manufacture and sales of gas appliances. The company's operating segment includes Manufacturing, Trading, and Investment Holding. It generates maximum revenue from the Manufacturing segment. The manufacturing segment includes sheet metal forming, precision machining, component assembly, and the manufacture and sale of gas appliances. Geographically, it derives the majority of its revenue from Vietnam and has a presence in Malaysia, America, Europe, Hong Kong, Thailand, Australia, Brazil, and Other Countries.
84GF Score
Get the complete analysis for XKLS:7199
ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7199 has been successfully added to your 
