Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hong Leong Industries BhdXKLS:3301 +1.24%92 Debt-to-Equity is 0.06 as of Mar. 2026, which is 100% above its 10-year median of 0.03. GuruFocus rates XKLS:3301 with a GF Score™ of 92/100 and a GF Value™ of RM14.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,217 Vehicles & Parts companies, Hong Leong Industries Bhd ranks better than 87.35% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Hong Leong Industries Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:3301'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.1
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Hong Leong Industries Bhd was 0.10. The lowest was 0.00. And the median was 0.03.
XKLS:3301's Debt-to-Equity is ranked better than 87.35% of 1217
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs XKLS:3301: 0.06
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Hong Leong Industries Bhd Debt-to-Equity Related Terms
Hong Leong Industries Bhd Debt-to-Equity 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.
XKLS:3301 vs TSLA, GM, F: Debt-to-Equity Comparison
For the Auto Manufacturers subindustry, Hong Leong Industries Bhd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Hong Leong Industries Bhd Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Industries Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hong Leong Industries Bhd's Debt-to-Equity falls into.
* 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.
Hong Leong Industries Bhd (XKLS:3301) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hong Leong Industries Bhd and its competitors. This is 100% above median its historical median of 0.03. According to the industry distribution chart, Hong Leong Industries Bhd ranks #154 out of 1217 companies in the Vehicles & Parts industry, placing it in the top 12.7%.
Is Hong Leong Industries Bhd's Debt-to-Equity too high?
Hong Leong Industries Bhd's current Debt-to-Equity of 0.06 is 100% above median its 10-year median of 0.03. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Hong Leong Industries Bhd's value of 0.06 is 87% below this industry median. Based on the distribution chart, Hong Leong Industries Bhd ranks #154 out of 1217 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Leong Industries Bhd has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Leong Industries Bhd's Debt-to-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Hong Leong Industries Bhd ranks #154 out of 1217 companies for Debt-to-Equity. This places Hong Leong Industries Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.46. Hong Leong Industries Bhd's value of 0.06 is 87% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.46, Hong Leong Industries 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 Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hong Leong Industries Bhd's current Debt-to-Equity of 0.06 is 87% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hong Leong Industries Bhd and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Leong Industries Bhd's current Debt-to-Equity is 0.06, which is 100% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Leong Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hong Leong Industries Bhd (XKLS:3301) is currently considered Modestly Overvalued. The stock's GF Value™ is RM14.13, compared to a current price of RM17.90 — trading 26.7% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 100% above median its 10-year median of 0.03 and 87% below the Vehicles & Parts industry median of 0.46. Hong Leong Industries Bhd's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hong Leong Industries Bhd (XKLS:3301), the current Debt-to-Equity is 0.06 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 Hong Leong Industries Bhd (XKLS:3301) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Leong Industries Bhd stock appears to be overvalued.
The current stock price of RM17.90 is trading 26.7% above its estimated GF Value™ of RM14.13.
GuruFocus considers Hong Leong Industries Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:3301:
Debt-to-Equity: 0.06 (100% above median its 10-year median of 0.03)
GF Value™: RM14.13 vs. price of RM17.90 (26.7% above fair value)
Industry Position: 87% below the Vehicles & Parts median (#154 of 1217)
No single metric tells the full story. See the XKLS:3301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Leong Industries Bhd is a Malaysia-based investment holding company. Its only operating segment is Consumer products. Consumer products segment manufacture and sale of consumer products comprises motorcycles, spare parts and ceramic tiles. Geographically, it derives a majority of its revenue from Malaysia.
92GF Score
Get the complete analysis for XKLS:3301
Debt-to-Equity 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:3301 has been successfully added to your 
