TAFI Industries Bhd (XKLS:7211) Debt-to-Equity: 0.71 (As of Mar. 2026) — 1083% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:7211 TAFI Industries Bhd XKLS:7211
62 GF Score
Price RM0.67
GF Value RM2.04
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is TAFI Industries Bhd Debt-to-Equity?

TAFI Industries Bhd XKLS:7211 +7.20% 62 Debt-to-Equity is 0.71 as of Mar. 2026, which is 1083% above its 10-year median of 0.06. GuruFocus rates XKLS:7211 with a GF Score™ of 62/100 and a GF Value™ of RM2.04 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 381 Furnishings, Fixtures & Appliances companies, TAFI Industries Bhd ranks worse than 74.28% on this metric.

TAFI Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM86.9 Mil. TAFI Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.3 Mil. TAFI Industries Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM123.0 Mil. TAFI Industries Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.71.

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 TAFI Industries Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7211' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.06   Max: 0.8
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of TAFI Industries Bhd was 0.80. The lowest was 0.00. And the median was 0.06.

XKLS:7211's Debt-to-Equity is ranked worse than
74.28% of 381 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32 vs XKLS:7211: 0.71

TAFI Industries Bhd  (XKLS:7211) 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.


TAFI Industries Bhd Debt-to-Equity Related Terms


TAFI Industries Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for TAFI Industries 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.

TAFI Industries Bhd Debt-to-Equity Chart

TAFI Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.07 0.11 0.15

TAFI Industries Bhd 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 0.49 N/A 0.60 0.80 0.71

XKLS:7211 vs SN, SGI, MHK: Debt-to-Equity Comparison

For the Furnishings, Fixtures & Appliances subindustry, TAFI 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.


TAFI Industries Bhd Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TAFI Industries Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TAFI Industries Bhd's Debt-to-Equity falls into.


XKLS:7211
62GF Score
TAFI Industries Bhd XKLS:7211
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAFI Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TAFI Industries Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

TAFI Industries Bhd'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 0.71 mean?
TAFI Industries Bhd (XKLS:7211) has a Debt-to-Equity of 0.71 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TAFI Industries Bhd and its competitors. This is 1083% above median its historical median of 0.06. According to the industry distribution chart, TAFI Industries Bhd ranks #283 out of 381 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 74.3%.
Is TAFI Industries Bhd's Debt-to-Equity too high?
TAFI Industries Bhd's current Debt-to-Equity of 0.71 is 1083% above median its 10-year median of 0.06. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.32. TAFI Industries Bhd's value of 0.71 is 121.9% above this industry median. Based on the distribution chart, TAFI Industries Bhd ranks #283 out of 381 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, TAFI Industries Bhd has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAFI Industries Bhd's Debt-to-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TAFI Industries Bhd ranks #283 out of 381 companies for Debt-to-Equity. This places TAFI Industries Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.32. TAFI Industries Bhd's value of 0.71 is 121.9% above this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.32, TAFI Industries 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 Debt-to-Equity for a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.32, based on 381 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. TAFI Industries Bhd's current Debt-to-Equity of 0.71 is 121.9% 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 TAFI Industries Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAFI Industries Bhd's current Debt-to-Equity is 0.71, which is 1083% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAFI Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAFI Industries Bhd (XKLS:7211) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.04, compared to a current price of RM0.67 — trading 67.2% below its estimated fair value. The current Debt-to-Equity is 0.71, which is 1083% above median its 10-year median of 0.06 and 121.9% above the Furnishings, Fixtures & Appliances industry median of 0.32. TAFI Industries Bhd's overall GF Score™ is 62/100 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 TAFI Industries Bhd (XKLS:7211), the current Debt-to-Equity is 0.71 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 TAFI Industries Bhd (XKLS:7211) Overvalued in 2026?

Based on GuruFocus' analysis, TAFI Industries Bhd stock appears to be undervalued. The current stock price of RM0.67 is trading 67.2% below its estimated GF Value™ of RM2.04. GuruFocus considers TAFI Industries Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7211:

  • Debt-to-Equity: 0.71 (1083% above median its 10-year median of 0.06)
  • GF Value™: RM2.04 vs. price of RM0.67 (67.2% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 121.9% above the Furnishings, Fixtures & Appliances median (#283 of 381)

No single metric tells the full story. See the XKLS:7211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAFI Industries Bhd Business Description

Address PLO 3, Kawasan Perindustrian Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300
TAFI Industries Bhd is engaged in manufacturing home and office furniture. Products are sold domestically and internationally under the house brand, OEM, or ODM. The group's segments include furniture products, property development, construction, trading of solar panels, and others. The majority of revenue comes from property development. The company operates in local and overseas markets, with the majority of revenue from the local market.
62GF Score

Get the complete analysis for XKLS:7211

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

RM0.67
Price
RM2.04
GF Value