JAG Bhd (XKLS:0024) Equity-to-Asset: 0.59 (As of Jun. 2026) — 24% Below Median

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XKLS:0024 JAG Bhd XKLS:0024
40 GF Score
Price RM0.36
GF Value RM0.28
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is JAG Bhd Equity-to-Asset?

JAG Bhd XKLS:0024 -1.37% 40 Equity-to-Asset is 0.59 as of Jun. 2026, which is 24% below its 10-year median of 0.78. GuruFocus rates XKLS:0024 with a GF Score™ of 40/100 and a GF Value™ of RM0.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 248 Waste Management companies, JAG Bhd ranks better than 68.95% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JAG Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM213.0 Mil. JAG Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM362.0 Mil. Therefore, JAG Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.59.

The historical rank and industry rank for JAG Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:0024' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.78   Max: 0.86
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of JAG Bhd was 0.86. The lowest was 0.56. And the median was 0.78.

XKLS:0024's Equity-to-Asset is ranked better than
68.95% of 248 companies
in the Waste Management industry
Industry Median: 0.44 vs XKLS:0024: 0.59

JAG Bhd  (XKLS:0024) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


JAG Bhd Equity-to-Asset Related Terms


JAG Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for JAG Bhd's Equity-to-Asset 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.

JAG Bhd Equity-to-Asset Chart

JAG Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.81 0.68 0.69 0.59

JAG Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.66 0.63 0.59 0.56 0.59

XKLS:0024 vs WM, RSG, WCN: Equity-to-Asset Comparison

For the Waste Management subindustry, JAG Bhd's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


JAG Bhd Equity-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, JAG Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JAG Bhd's Equity-to-Asset falls into.


XKLS:0024
40GF Score
JAG Bhd XKLS:0024
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JAG Bhd Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

JAG Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=202.758047/341.142293
=0.59

JAG Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=213.048/361.985
=0.59

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.59 mean?
JAG Bhd (XKLS:0024) has a Equity-to-Asset of 0.59 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on JAG Bhd and its competitors. This is 24% below median its historical median of 0.78. Over the past decade, JAG Bhd's Equity-to-Asset has ranged from 0.56 to 0.86. According to the industry distribution chart, JAG Bhd ranks #77 out of 248 companies in the Waste Management industry, placing it in the top 31%.
Is JAG Bhd's Equity-to-Asset too high?
JAG Bhd's current Equity-to-Asset of 0.59 is 24% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.86. The Waste Management industry median Equity-to-Asset is 0.44. JAG Bhd's value of 0.59 is 34.1% above this industry median. Based on the distribution chart, JAG Bhd ranks #77 out of 248 companies in the Waste Management industry, which is above the industry midpoint. Overall, JAG Bhd has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JAG Bhd's Equity-to-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, JAG Bhd ranks #77 out of 248 companies for Equity-to-Asset. This puts JAG Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.44. JAG Bhd's value of 0.59 is 34.1% above this benchmark. Historically, JAG Bhd's own Equity-to-Asset has ranged from 0.56 to 0.86 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.44, JAG 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 Equity-to-Asset for a Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.44, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JAG Bhd's current Equity-to-Asset of 0.59 is 34.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on JAG Bhd and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JAG Bhd's current Equity-to-Asset is 0.59, which is 24% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAG Bhd stock overvalued right now?
Based on GuruFocus' analysis, JAG Bhd (XKLS:0024) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.36 — trading 28.6% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 24% below median its 10-year median of 0.78 and 34.1% above the Waste Management industry median of 0.44. JAG Bhd's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For JAG Bhd (XKLS:0024), the current Equity-to-Asset is 0.59 as of Jun. 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 JAG Bhd (XKLS:0024) Overvalued in 2026?

Based on GuruFocus' analysis, JAG Bhd stock appears to be overvalued. The current stock price of RM0.36 is trading 28.6% above its estimated GF Value™ of RM0.28. GuruFocus considers JAG Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0024:

  • Equity-to-Asset: 0.59 (24% below median its 10-year median of 0.78)
  • GF Value™: RM0.28 vs. price of RM0.36 (28.6% above fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 34.1% above the Waste Management median (#77 of 248)

No single metric tells the full story. See the XKLS:0024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JAG Bhd Business Description

Address 72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200
JAG Bhd is an investment holding company with five reportable segments: Manufacturing, Trading, Lifestyle and Services; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes the trading of ferrous and non-ferrous metals. Lifestyle and Services include operating a coin-operated laundry business. Property development includes buying, selling, and renting self-owned or leased real estate land, property development, and project management. It has operations in Malaysia, China, Japan, and Others.
40GF Score

Get the complete analysis for XKLS:0024

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

RM0.36
Price
RM0.28
GF Value