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.
Ho Wah Genting BhdXKLS:9601 Debt-to-Equity is 0.22 as of Mar. 2026, which is 45% below its 10-year median of 0.40. The stock has 7 warning signs investors should review. Among 2,680 Industrial Products companies, Ho Wah Genting Bhd ranks better than 57.39% 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 Ho Wah Genting Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:9601'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.4 Max: 0.86
Current: 0.22
During the past 13 years, the highest Debt-to-Equity Ratio of Ho Wah Genting Bhd was 0.86. The lowest was 0.06. And the median was 0.40.
XKLS:9601's Debt-to-Equity is ranked better than 57.39% of 2680
companies
in the Industrial Products industry
Industry Median: 0.28
vs XKLS:9601: 0.22
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.
Ho Wah Genting Bhd Debt-to-Equity Related Terms
Ho Wah Genting Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ho Wah Genting 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:9601 vs VRT, BE, HUBB: Debt-to-Equity Comparison
For the Electrical Equipment & Parts subindustry, Ho Wah Genting 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.
Ho Wah Genting Bhd Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ho Wah Genting Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ho Wah Genting 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.
Ho Wah Genting Bhd (XKLS:9601) has a Debt-to-Equity of 0.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ho Wah Genting Bhd and its competitors. This is 45% below median its historical median of 0.40. Over the past decade, Ho Wah Genting Bhd's Debt-to-Equity has ranged from 0.06 to 0.86. According to the industry distribution chart, Ho Wah Genting Bhd ranks #1142 out of 2680 companies in the Industrial Products industry, placing it in the top 42.6%.
Is Ho Wah Genting Bhd's Debt-to-Equity too high?
Ho Wah Genting Bhd's current Debt-to-Equity of 0.22 is 45% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.86. The Industrial Products industry median Debt-to-Equity is 0.28. Ho Wah Genting Bhd's value of 0.22 is 21.4% below this industry median. Based on the distribution chart, Ho Wah Genting Bhd ranks #1142 out of 2680 companies in the Industrial Products industry, which is above the industry midpoint.
How does Ho Wah Genting Bhd's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ho Wah Genting Bhd ranks #1142 out of 2680 companies for Debt-to-Equity. This puts Ho Wah Genting Bhd in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Ho Wah Genting Bhd's value of 0.22 is 21.4% below this benchmark. Historically, Ho Wah Genting Bhd's own Debt-to-Equity has ranged from 0.06 to 0.86 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.28, Ho Wah Genting 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 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. Ho Wah Genting Bhd's current Debt-to-Equity of 0.22 is 21.4% 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 Ho Wah Genting Bhd and its competitors. For the Industrial Products 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. Ho Wah Genting Bhd's current Debt-to-Equity is 0.22, which is 45% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Wah Genting Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ho Wah Genting Bhd (XKLS:9601) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.15, compared to a current price of RM0.08 — trading 46.7% below its estimated fair value. The current Debt-to-Equity is 0.22, which is 45% below median its 10-year median of 0.40 and 21.4% below the Industrial Products industry median of 0.28. 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 Ho Wah Genting Bhd (XKLS:9601), the current Debt-to-Equity is 0.22 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.
Ho Wah Genting Bhd is an integrated manufacturer engaged in manufacturing of wires and cables, power supply cord sets, and moulded cable assemblies for original equipment manufacturers (OEM) of electrical and electronic devices and for original design manufacturers (ODM). Its segments include Investment engaged in investment in properties and investment by the holding company; Moulded power supply cord sets engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment; and Healthcare engaged in healthcare related businesses which includes the health supplement, biotechnology and healthcare technology.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:9601 has been successfully added to your 
