Ajiya Bhd (XKLS:7609) 3-Year ROIIC % : 5.91% (As of Dec. 2025) — 63% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:7609 Ajiya Bhd XKLS:7609
62 GF Score
Price RM1.01
GF Value RM0.96
Valuation Fairly Valued
! 3 Warning Signs
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What is Ajiya Bhd 3-Year ROIIC %?

Ajiya Bhd XKLS:7609 62 3-Year ROIIC % is 5.91 as of Dec. 2025, which is 63% below its 10-year median of 16.00. GuruFocus rates XKLS:7609 with a GF Score™ of 62/100 and a GF Value™ of RM0.96 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,684 Construction companies, Ajiya Bhd ranks better than 52.61% 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. Ajiya Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XKLS:7609's 3-Year ROIIC % is ranked better than
52.61% of 1684 companies
in the Construction industry
Industry Median: 4.745 vs XKLS:7609: 5.91

Ajiya Bhd  (XKLS:7609) 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.


Ajiya Bhd 3-Year ROIIC % Related Terms


Ajiya Bhd 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Ajiya 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.

Ajiya Bhd 3-Year ROIIC % Chart

Ajiya Bhd Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.34 -24.75 0.00 4.93 5.91

Ajiya Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 5.91 0.00

XKLS:7609 vs TT, JCI, CARR: 3-Year ROIIC % Comparison

For the Building Products & Equipment subindustry, Ajiya 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.


Ajiya Bhd 3-Year ROIIC % vs Construction Industry

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

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


XKLS:7609
62GF Score
Ajiya Bhd XKLS:7609
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajiya Bhd 3-Year ROIIC % Calculation

Ajiya 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**
=( 24.6060624 (Dec. 2025) - 4.5532386 (Nov. 2022) )/( 636.021 (Dec. 2025) - 296.639 (Nov. 2022) )
=20.0528238/339.382
=5.91%***

* 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 5.91 mean?
Ajiya Bhd (XKLS:7609) has a 3-Year ROIIC % of 5.91 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 Ajiya Bhd and its competitors. This is 63% below median its historical median of 16.00. According to the industry distribution chart, Ajiya Bhd ranks #798 out of 1684 companies in the Construction industry, placing it in the top 47.4%.
Is Ajiya Bhd's 3-Year ROIIC % too high?
Ajiya Bhd's current 3-Year ROIIC % of 5.91 is 63% below median its 10-year median of 16.00. The Construction industry median 3-Year ROIIC % is 4.75. Ajiya Bhd's value of 5.91 is 24.6% above this industry median. Based on the distribution chart, Ajiya Bhd ranks #798 out of 1684 companies in the Construction industry, which is above the industry midpoint. Overall, Ajiya Bhd has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ajiya Bhd's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Ajiya Bhd ranks #798 out of 1684 companies for 3-Year ROIIC %. This puts Ajiya Bhd in the upper half of its industry. The industry median 3-Year ROIIC % is 4.75. Ajiya Bhd's value of 5.91 is 24.6% above this benchmark. While the company's 10-year median is 16.00 vs. the industry median of 4.75, Ajiya Bhd has consistently been above 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 4.75, 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. Ajiya Bhd's current 3-Year ROIIC % of 5.91 is 24.6% 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 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 Ajiya Bhd and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajiya Bhd's current 3-Year ROIIC % is 5.91, which is 63% below median its own 10-year median of 16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajiya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajiya Bhd (XKLS:7609) is currently considered Fairly Valued. The stock's GF Value™ is RM0.96, compared to a current price of RM1.01 — trading 5.2% above its estimated fair value. The current 3-Year ROIIC % is 5.91, which is 63% below median its 10-year median of 16.00 and 24.6% above the Construction industry median of 4.75. Ajiya Bhd's overall GF Score™ is 62/100 with 3 warning signs to review. 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 Ajiya Bhd (XKLS:7609), the current 3-Year ROIIC % is 5.91 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.

Is Ajiya Bhd (XKLS:7609) Overvalued in 2026?

Based on GuruFocus' analysis, Ajiya Bhd stock appears to be overvalued. The current stock price of RM1.01 is trading 5.2% above its estimated GF Value™ of RM0.96. GuruFocus considers Ajiya Bhd to be Fairly Valued.

Key valuation signals for XKLS:7609:

  • 3-Year ROIIC %: 5.91 (63% below median its 10-year median of 16.00)
  • GF Value™: RM0.96 vs. price of RM1.01 (5.2% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 24.6% above the Construction median (#798 of 1684)

No single metric tells the full story. See the XKLS:7609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajiya Bhd Business Description

Address Jalan Genuang, Lot 153, Kawasan Perindustrian, Batu 3, Segamat, JHR, MYS, 85000
Ajiya Bhd is an investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Division Metal roofing system, PU green series, steel truss system, structural products, metal door and window frame, metal sunshade/louvres, metal ceiling, and IBS-aligned building solutions: Glass Division Safety glass, tempered glass, laminated glass, Low-E coated glass, and Insulated Glass Units (IGU) for architectural and construction applications While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.
62GF Score

Get the complete analysis for XKLS:7609

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

RM1.01
Price
RM0.96
GF Value