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Naim Holdings BhdXKLS:5073 29 Debt-to-Equity is 0.05 as of Mar. 2026, which is 78% below its 10-year median of 0.23. GuruFocus rates XKLS:5073 with a GF Score™ of 29/100 and a GF Value™ of RM0.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,614 Construction companies, Naim Holdings Bhd ranks better than 88.54% 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 Naim Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:5073'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.23 Max: 0.54
Current: 0.05
During the past 13 years, the highest Debt-to-Equity Ratio of Naim Holdings Bhd was 0.54. The lowest was 0.05. And the median was 0.23.
XKLS:5073's Debt-to-Equity is ranked better than 88.54% of 1614
companies
in the Construction industry
Industry Median: 0.4
vs XKLS:5073: 0.05
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.
Naim Holdings Bhd Debt-to-Equity Related Terms
Naim Holdings Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Naim Holdings Bhd's Debt-to-Equity 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.
XKLS:5073 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Naim Holdings 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.
Naim Holdings Bhd Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Naim Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Naim Holdings 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.
Naim Holdings Bhd (XKLS:5073) has a Debt-to-Equity of 0.05 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Naim Holdings Bhd and its competitors. This is 78% below median its historical median of 0.23. Over the past decade, Naim Holdings Bhd's Debt-to-Equity has ranged from 0.05 to 0.54. According to the industry distribution chart, Naim Holdings Bhd ranks #185 out of 1614 companies in the Construction industry, placing it in the top 11.5%.
Is Naim Holdings Bhd's Debt-to-Equity too high?
Naim Holdings Bhd's current Debt-to-Equity of 0.05 is 78% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.54. The Construction industry median Debt-to-Equity is 0.40. Naim Holdings Bhd's value of 0.05 is 87.5% below this industry median. Based on the distribution chart, Naim Holdings Bhd ranks #185 out of 1614 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Naim Holdings Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naim Holdings Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Naim Holdings Bhd ranks #185 out of 1614 companies for Debt-to-Equity. This places Naim Holdings Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Naim Holdings Bhd's value of 0.05 is 87.5% below this benchmark. Historically, Naim Holdings Bhd's own Debt-to-Equity has ranged from 0.05 to 0.54 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.40, Naim Holdings 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,614 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. Naim Holdings Bhd's current Debt-to-Equity of 0.05 is 87.5% 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 Naim Holdings Bhd and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naim Holdings Bhd's current Debt-to-Equity is 0.05, which is 78% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naim Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Naim Holdings Bhd (XKLS:5073) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.41, compared to a current price of RM0.80 — trading 93.9% above its estimated fair value. The current Debt-to-Equity is 0.05, which is 78% below median its 10-year median of 0.23 and 87.5% below the Construction industry median of 0.40. Naim Holdings Bhd's overall GF Score™ is 29/100 with 4 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 Naim Holdings Bhd (XKLS:5073), the current Debt-to-Equity is 0.05 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 Naim Holdings Bhd (XKLS:5073) Overvalued in 2026?
Based on GuruFocus' analysis, Naim Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.80 is trading 93.9% above its estimated GF Value™ of RM0.41.
GuruFocus considers Naim Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5073:
Debt-to-Equity: 0.05 (78% below median its 10-year median of 0.23)
GF Value™: RM0.41 vs. price of RM0.80 (93.9% above fair value)
Industry Position: 87.5% below the Construction median (#185 of 1614)
No single metric tells the full story. See the XKLS:5073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naim Holdings Bhd is an investment holding company engaged in property developments, construction, civil engineering, infrastructure projects, and oil and gas services. It operates in three reportable segments. The property development segment includes the development and construction of residential and commercial properties and the sale of vacant land. The Construction segment includes the construction of buildings, roads, bridges, and other infrastructures and engineering works, including oil and gas-related construction projects, and Other segments include the manufacture and sale of buildings and construction materials, property investment, and quarry operation. It generates maximum revenue from the Construction segment. The Group is mainly domiciled in Malaysia.
29GF Score
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