ETA Group Bhd (XKLS:9946) Debt-to-Equity: 0.10 (As of Mar. 2026) — 58% Below 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:9946 ETA Group Bhd XKLS:9946
38 GF Score
Price RM0.14
GF Value RM0.14
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is ETA Group Bhd Debt-to-Equity?

ETA Group Bhd XKLS:9946 +3.85% 38 Debt-to-Equity is 0.10 as of Mar. 2026, which is 58% below its 10-year median of 0.24. GuruFocus rates XKLS:9946 with a GF Score™ of 38/100 and a GF Value™ of RM0.14 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,746 Consumer Packaged Goods companies, ETA Group Bhd ranks better than 80.13% on this metric.

ETA Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM9.8 Mil. ETA Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.1 Mil. ETA Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM94.9 Mil. ETA Group Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.10.

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

XKLS:9946' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.24   Max: 0.43
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of ETA Group Bhd was 0.43. The lowest was 0.10. And the median was 0.24.

XKLS:9946's Debt-to-Equity is ranked better than
80.13% of 1746 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKLS:9946: 0.10

ETA Group Bhd  (XKLS:9946) 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.


ETA Group Bhd Debt-to-Equity Related Terms


ETA Group Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ETA Group 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.

ETA Group Bhd Debt-to-Equity Chart

ETA Group Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.22 0.31 0.26 0.24

ETA Group 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 0.27 0.24 0.25 0.12 0.10

XKLS:9946 vs KHC, GIS: Debt-to-Equity Comparison

For the Packaged Foods subindustry, ETA Group 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.


ETA Group Bhd Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ETA Group Bhd's Debt-to-Equity distribution charts can be found below:

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


XKLS:9946
38GF Score
ETA Group Bhd XKLS:9946
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ETA Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ETA Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

ETA Group 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 0.10 mean?
ETA Group Bhd (XKLS:9946) has a Debt-to-Equity of 0.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ETA Group Bhd and its competitors. This is 58% below median its historical median of 0.24. Over the past decade, ETA Group Bhd's Debt-to-Equity has ranged from 0.10 to 0.43. According to the industry distribution chart, ETA Group Bhd ranks #347 out of 1746 companies in the Consumer Packaged Goods industry, placing it in the top 19.9%.
Is ETA Group Bhd's Debt-to-Equity too high?
ETA Group Bhd's current Debt-to-Equity of 0.10 is 58% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.43. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. ETA Group Bhd's value of 0.10 is 75.6% below this industry median. Based on the distribution chart, ETA Group Bhd ranks #347 out of 1746 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, ETA Group Bhd has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ETA Group Bhd's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ETA Group Bhd ranks #347 out of 1746 companies for Debt-to-Equity. This places ETA Group Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. ETA Group Bhd's value of 0.10 is 75.6% below this benchmark. Historically, ETA Group Bhd's own Debt-to-Equity has ranged from 0.10 to 0.43 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.41, ETA Group 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,746 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. ETA Group Bhd's current Debt-to-Equity of 0.10 is 75.6% 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 ETA Group Bhd and its competitors. For the Consumer Packaged Goods 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. ETA Group Bhd's current Debt-to-Equity is 0.10, which is 58% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ETA Group Bhd (XKLS:9946) is currently considered Fairly Valued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.14 — trading 3.6% below its estimated fair value. The current Debt-to-Equity is 0.10, which is 58% below median its 10-year median of 0.24 and 75.6% below the Consumer Packaged Goods industry median of 0.41. ETA Group Bhd's overall GF Score™ is 38/100 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 ETA Group Bhd (XKLS:9946), the current Debt-to-Equity is 0.10 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 ETA Group Bhd (XKLS:9946) Overvalued in 2026?

Based on GuruFocus' analysis, ETA Group Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 3.6% below its estimated GF Value™ of RM0.14. GuruFocus considers ETA Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:9946:

  • Debt-to-Equity: 0.10 (58% below median its 10-year median of 0.24)
  • GF Value™: RM0.14 vs. price of RM0.14 (3.6% below fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 75.6% below the Consumer Packaged Goods median (#347 of 1746)

No single metric tells the full story. See the XKLS:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ETA Group Bhd Business Description

Address No. 46C, Plaza Damansara, Jalan Medan Setia 2, Bukit Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 50490
ETA Group Bhd is engaged in property development, property management and property investment, as well as construction and construction-related activities, including the trading and supply of construction materials. Its activities include Sourcing of land, Architectural and engineering services, Submission and approvals, Construction, Project management, and Delivery of vacant possession. It operates in two segment the manufacture and distribution of canned food, beverages and premix products and the trading and distribution of construction materials. It derives revenue from Trading and distribution of construction materials segment. Geographically, it operates in Malaysia, Europe, USA, and Asia (excluding Malaysia) with majority of revenue deriving from USA.
38GF Score

Get the complete analysis for XKLS:9946

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

RM0.14
Price
RM0.14
GF Value