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Tex Cycle Technology (M) BhdXKLS:0089 -2.04%76 Equity-to-Asset is 0.67 as of Jun. 2026, which is 19% below its 10-year median of 0.83. GuruFocus rates XKLS:0089 with a GF Score™ of 76/100 and a GF Value™ of RM2.30 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 248 Waste Management companies, Tex Cycle Technology (M) Bhd ranks better than 78.23% on this metric.
Tex Cycle Technology (M) Bhd (XKLS:0089) 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%.
Tex Cycle Technology (M) Bhd Equity-to-Asset Related Terms
Tex Cycle Technology (M) Bhd Equity-to-Asset Historical Data
* 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.
Tex Cycle Technology (M) Bhd Equity-to-Asset Chart
XKLS:0089 vs WM, RSG, WCN: Equity-to-Asset Comparison
For the Waste Management subindustry, Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Equity-to-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tex Cycle Technology (M) Bhd's Equity-to-Asset falls into.
Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Equity-to-Asset of 0.67 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tex Cycle Technology (M) Bhd and its competitors. This is 19% below median its historical median of 0.83. Over the past decade, Tex Cycle Technology (M) Bhd's Equity-to-Asset has ranged from 0.64 to 0.92. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #54 out of 248 companies in the Waste Management industry, placing it in the top 21.8%.
Is Tex Cycle Technology (M) Bhd's Equity-to-Asset too high?
Tex Cycle Technology (M) Bhd's current Equity-to-Asset of 0.67 is 19% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.92. The Waste Management industry median Equity-to-Asset is 0.45. Tex Cycle Technology (M) Bhd's value of 0.67 is 50.6% above this industry median. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #54 out of 248 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Equity-to-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #54 out of 248 companies for Equity-to-Asset. This places Tex Cycle Technology (M) Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.45. Tex Cycle Technology (M) Bhd's value of 0.67 is 50.6% above this benchmark. Historically, Tex Cycle Technology (M) Bhd's own Equity-to-Asset has ranged from 0.64 to 0.92 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.45, Tex Cycle Technology (M) 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 0.45, 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. Tex Cycle Technology (M) Bhd's current Equity-to-Asset of 0.67 is 50.6% 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Equity-to-Asset is 0.67, which is 19% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.30, compared to a current price of RM0.96 — trading 58.3% below its estimated fair value. The current Equity-to-Asset is 0.67, which is 19% below median its 10-year median of 0.83 and 50.6% above the Waste Management industry median of 0.45. Tex Cycle Technology (M) Bhd's overall GF Score™ is 76/100 with 5 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current Equity-to-Asset is 0.67 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 Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued.
The current stock price of RM0.96 is trading 58.3% below its estimated GF Value™ of RM2.30.
GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0089:
Equity-to-Asset: 0.67 (19% below median its 10-year median of 0.83)
GF Value™: RM2.30 vs. price of RM0.96 (58.3% below fair value)
Industry Position: 50.6% above the Waste Management median (#54 of 248)
No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
76GF Score
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