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V.S Industry BhdXKLS:6963 +4.17%36 Debt-to-Equity is 0.27 as of Apr. 2026, which is 31% below its 10-year median of 0.39. GuruFocus rates XKLS:6963 with a GF Score™ of 36/100 and a GF Value™ of RM0.69 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,220 Hardware companies, V.S Industry Bhd ranks better than 50.77% 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 V.S Industry Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:6963'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.39 Max: 0.66
Current: 0.27
During the past 13 years, the highest Debt-to-Equity Ratio of V.S Industry Bhd was 0.66. The lowest was 0.16. And the median was 0.39.
XKLS:6963's Debt-to-Equity is ranked better than 50.77% of 2220
companies
in the Hardware industry
Industry Median: 0.28
vs XKLS:6963: 0.27
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.
V.S Industry Bhd Debt-to-Equity Related Terms
V.S Industry Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for V.S Industry 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:6963 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, V.S Industry 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.
V.S Industry Bhd Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, V.S Industry Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where V.S Industry 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.
V.S Industry Bhd (XKLS:6963) has a Debt-to-Equity of 0.27 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on V.S Industry Bhd and its competitors. This is 31% below median its historical median of 0.39. Over the past decade, V.S Industry Bhd's Debt-to-Equity has ranged from 0.16 to 0.66. According to the industry distribution chart, V.S Industry Bhd ranks #1093 out of 2220 companies in the Hardware industry, placing it in the top 49.2%.
Is V.S Industry Bhd's Debt-to-Equity too high?
V.S Industry Bhd's current Debt-to-Equity of 0.27 is 31% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.66. The Hardware industry median Debt-to-Equity is 0.28. V.S Industry Bhd's value of 0.27 is 3.6% below this industry median. Based on the distribution chart, V.S Industry Bhd ranks #1093 out of 2220 companies in the Hardware industry, which is above the industry midpoint. Overall, V.S Industry Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does V.S Industry Bhd's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, V.S Industry Bhd ranks #1093 out of 2220 companies for Debt-to-Equity. This puts V.S Industry Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.28. V.S Industry Bhd's value of 0.27 is 3.6% below this benchmark. Historically, V.S Industry Bhd's own Debt-to-Equity has ranged from 0.16 to 0.66 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.28, V.S Industry 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,220 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. V.S Industry Bhd's current Debt-to-Equity of 0.27 is 3.6% 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 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 V.S Industry Bhd and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V.S Industry Bhd's current Debt-to-Equity is 0.27, which is 31% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.S Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, V.S Industry Bhd (XKLS:6963) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.69, compared to a current price of RM0.25 — trading 63.8% below its estimated fair value. The current Debt-to-Equity is 0.27, which is 31% below median its 10-year median of 0.39 and 3.6% below the Hardware industry median of 0.28. V.S Industry Bhd's overall GF Score™ is 36/100 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 V.S Industry Bhd (XKLS:6963), the current Debt-to-Equity is 0.27 as of Apr. 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 V.S Industry Bhd (XKLS:6963) Overvalued in 2026?
Based on GuruFocus' analysis, V.S Industry Bhd stock appears to be undervalued.
The current stock price of RM0.25 is trading 63.8% below its estimated GF Value™ of RM0.69.
GuruFocus considers V.S Industry Bhd to be Possible Value Trap.
Key valuation signals for XKLS:6963:
Debt-to-Equity: 0.27 (31% below median its 10-year median of 0.39)
GF Value™: RM0.69 vs. price of RM0.25 (63.8% below fair value)
Industry Position: 3.6% below the Hardware median (#1093 of 2220)
No single metric tells the full story. See the XKLS:6963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V.S Industry Bhd is engaged in the manufacturing, assembling and sale of electronic and electrical products and plastic moulded components and parts, and operates as an Electronics Manufacturing Services (EMS) provider. Its manufacturing services include plastic injection mould design and moulding, printed circuit board production, automated assembly, and packaging and logistics. The Group operates in two segments: Malaysia, covering manufacturing, assembling and sales based in Malaysia with branches in Singapore and the Philippines; and Indonesia, involving assembly, sales and injection moulding activities. Geographically, the Group derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Singapore, the PRC, and other regions.
36GF Score
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