Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) Debt-to-Equity: 0.76 (As of Mar. 2026) — 25% Above Median

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Founder & CEO of GuruFocus
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XKLS:5098 Malaysia Steel Works (KL) Bhd Shs XKLS:5098
35 GF Score
Price RM0.22
GF Value RM0.40
Valuation Possible Value Trap
! 7 Warning Signs
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What is Malaysia Steel Works (KL) Bhd Shs Debt-to-Equity?

Malaysia Steel Works (KL) Bhd Shs XKLS:5098 -6.38% 35 Debt-to-Equity is 0.76 as of Mar. 2026, which is 25% above its 10-year median of 0.61. GuruFocus rates XKLS:5098 with a GF Score™ of 35/100 and a GF Value™ of RM0.40 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 547 Steel companies, Malaysia Steel Works (KL) Bhd Shs ranks worse than 70.02% on this metric.

Malaysia Steel Works (KL) Bhd Shs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM633 Mil. Malaysia Steel Works (KL) Bhd Shs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM117 Mil. Malaysia Steel Works (KL) Bhd Shs's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM992 Mil. Malaysia Steel Works (KL) Bhd Shs's debt to equity for the quarter that ended in Mar. 2026 was 0.76.

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 Malaysia Steel Works (KL) Bhd Shs's Debt-to-Equity or its related term are showing as below:

XKLS:5098' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 0.61   Max: 0.76
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Malaysia Steel Works (KL) Bhd Shs was 0.76. The lowest was 0.44. And the median was 0.61.

XKLS:5098's Debt-to-Equity is ranked worse than
70.02% of 547 companies
in the Steel industry
Industry Median: 0.41 vs XKLS:5098: 0.76

Malaysia Steel Works (KL) Bhd Shs  (XKLS:5098) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Malaysia Steel Works (KL) Bhd Shs Debt-to-Equity Related Terms


Malaysia Steel Works (KL) Bhd Shs Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Malaysia Steel Works (KL) Bhd Shs'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.

Malaysia Steel Works (KL) Bhd Shs Debt-to-Equity Chart

Malaysia Steel Works (KL) Bhd Shs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.55 0.58 0.63 0.71

Malaysia Steel Works (KL) Bhd Shs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.64 0.64 0.66 0.71 0.76

XKLS:5098 vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Malaysia Steel Works (KL) Bhd Shs'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.


Malaysia Steel Works (KL) Bhd Shs Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Malaysia Steel Works (KL) Bhd Shs's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Malaysia Steel Works (KL) Bhd Shs's Debt-to-Equity falls into.


XKLS:5098
35GF Score
Malaysia Steel Works (KL) Bhd Shs XKLS:5098
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malaysia Steel Works (KL) Bhd Shs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malaysia Steel Works (KL) Bhd Shs's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Malaysia Steel Works (KL) Bhd Shs's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.76 mean?
Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) has a Debt-to-Equity of 0.76 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Malaysia Steel Works (KL) Bhd Shs and its competitors. This is 25% above median its historical median of 0.61. Over the past decade, Malaysia Steel Works (KL) Bhd Shs' Debt-to-Equity has ranged from 0.44 to 0.76. According to the industry distribution chart, Malaysia Steel Works (KL) Bhd Shs ranks #383 out of 547 companies in the Steel industry, placing it in the top 70%.
Is Malaysia Steel Works (KL) Bhd Shs' Debt-to-Equity too high?
Malaysia Steel Works (KL) Bhd Shs' current Debt-to-Equity of 0.76 is 25% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.76. The Steel industry median Debt-to-Equity is 0.41. Malaysia Steel Works (KL) Bhd Shs' value of 0.76 is 85.4% above this industry median. Based on the distribution chart, Malaysia Steel Works (KL) Bhd Shs ranks #383 out of 547 companies in the Steel industry, which is below the industry midpoint. Overall, Malaysia Steel Works (KL) Bhd Shs has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Malaysia Steel Works (KL) Bhd Shs' Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Malaysia Steel Works (KL) Bhd Shs ranks #383 out of 547 companies for Debt-to-Equity. This places Malaysia Steel Works (KL) Bhd Shs in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Malaysia Steel Works (KL) Bhd Shs' value of 0.76 is 85.4% above this benchmark. Historically, Malaysia Steel Works (KL) Bhd Shs' own Debt-to-Equity has ranged from 0.44 to 0.76 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.41, Malaysia Steel Works (KL) Bhd Shs 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 Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 547 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. Malaysia Steel Works (KL) Bhd Shs's current Debt-to-Equity of 0.76 is 85.4% 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 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 Malaysia Steel Works (KL) Bhd Shs and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysia Steel Works (KL) Bhd Shs's current Debt-to-Equity is 0.76, which is 25% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Steel Works (KL) Bhd Shs stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.40, compared to a current price of RM0.22 — trading 45% below its estimated fair value. The current Debt-to-Equity is 0.76, which is 25% above median its 10-year median of 0.61 and 85.4% above the Steel industry median of 0.41. Malaysia Steel Works (KL) Bhd Shs' overall GF Score™ is 35/100 with 7 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 Malaysia Steel Works (KL) Bhd Shs (XKLS:5098), the current Debt-to-Equity is 0.76 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 Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysia Steel Works (KL) Bhd Shs stock appears to be undervalued. The current stock price of RM0.22 is trading 45% below its estimated GF Value™ of RM0.40. GuruFocus considers Malaysia Steel Works (KL) Bhd Shs to be Possible Value Trap.

Key valuation signals for XKLS:5098:

  • Debt-to-Equity: 0.76 (25% above median its 10-year median of 0.61)
  • GF Value™: RM0.40 vs. price of RM0.22 (45% below fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 85.4% above the Steel median (#383 of 547)

No single metric tells the full story. See the XKLS:5098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysia Steel Works (KL) Bhd Shs Business Description

Address Wisma Masteel, Lot 29C, Off Jalan Tandang, Section 51, Petaling Jaya, SGR, MYS, 46050
Malaysia Steel Works (KL) Bhd Shs engages in the manufacturing and marketing of high tensile steel bars, mild steel bars, and prime steel billets. These steel products are used in construction and infrastructure works. The company is organized in one business segment which is the Manufacturing of steel bars and billets. Geographically, the group has a business presence in Malaysia and Outside Malaysia, of which prime revenue is derived from Malaysia.
35GF Score

Get the complete analysis for XKLS:5098

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.22
Price
RM0.40
GF Value