Zelan Bhd (XKLS:2283) 3-Year ROIIC % : 3.60% (As of Dec. 2025) — 15% Above Median

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What is Zelan Bhd 3-Year ROIIC %?

Zelan Bhd XKLS:2283 3-Year ROIIC % is 3.60 as of Dec. 2025, which is 15% above its 10-year median of 3.13. The stock has 8 warning signs investors should review. Among 1,684 Construction companies, Zelan Bhd ranks worse than 52.73% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Zelan Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Zelan Bhd's 3-Year ROIIC % or its related term are showing as below:

XKLS:2283's 3-Year ROIIC % is ranked worse than
52.73% of 1684 companies
in the Construction industry
Industry Median: 4.715 vs XKLS:2283: 3.60

Zelan Bhd  (XKLS:2283) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Zelan Bhd 3-Year ROIIC % Related Terms


Zelan Bhd 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Zelan Bhd's 3-Year ROIIC % 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.

Zelan Bhd 3-Year ROIIC % Chart

Zelan Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.16 61.51 17.56 -1.89 3.60

Zelan Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 3.60 0.00

XKLS:2283 vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Zelan Bhd's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.


Zelan Bhd 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Zelan Bhd's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Zelan Bhd's 3-Year ROIIC % falls into.



Zelan Bhd 3-Year ROIIC % Calculation

Zelan Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 11.0840394 (Dec. 2025) - 22.8386886 (Dec. 2022) )/( 455.965 (Dec. 2025) - 782.374 (Dec. 2022) )
=-11.7546492/-326.409
=3.60%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 3.60 mean?
Zelan Bhd (XKLS:2283) has a 3-Year ROIIC % of 3.60 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Zelan Bhd and its competitors. This is 15% above median its historical median of 3.13. According to the industry distribution chart, Zelan Bhd ranks #888 out of 1684 companies in the Construction industry, placing it in the top 52.7%.
Is Zelan Bhd's 3-Year ROIIC % too high?
Zelan Bhd's current 3-Year ROIIC % of 3.60 is 15% above median its 10-year median of 3.13. The Construction industry median 3-Year ROIIC % is 4.72. Zelan Bhd's value of 3.60 is 23.6% below this industry median. Based on the distribution chart, Zelan Bhd ranks #888 out of 1684 companies in the Construction industry, which is below the industry midpoint.
How does Zelan Bhd's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Zelan Bhd ranks #888 out of 1684 companies for 3-Year ROIIC %. This places Zelan Bhd in the lower half of its industry. The industry median 3-Year ROIIC % is 4.72. Zelan Bhd's value of 3.60 is 23.6% below this benchmark. While the company's 10-year median is 3.13 vs. the industry median of 4.72, Zelan Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.72, based on 1,684 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zelan Bhd's current 3-Year ROIIC % of 3.60 is 23.6% below 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Zelan Bhd and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zelan Bhd's current 3-Year ROIIC % is 3.60, which is 15% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 133.3% above its estimated fair value. The current 3-Year ROIIC % is 3.60, which is 15% above median its 10-year median of 3.13 and 23.6% below the Construction industry median of 4.72. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Zelan Bhd (XKLS:2283), the current 3-Year ROIIC % is 3.60 as of Dec. 2025. 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.

Zelan Bhd Business Description

Address No. 1, Jalan Tasik Permaisuri 2, 24th Floor, Wisma Zelan, Bandar Tun Razak, Cheras, Kuala Lumpur, SGR, MYS, 56000
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.