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Qes Group BhdXKLS:0196 +0.93%65 Equity-to-Asset is 0.59 as of Jun. 2026, which is 2% below its 10-year median of 0.60. GuruFocus rates XKLS:0196 with a GF Score™ of 65/100 and a GF Value™ of RM0.58 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,493 Hardware companies, Qes Group Bhd ranks better than 51.87% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Qes Group Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM199.7 Mil. Qes Group Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM348.1 Mil.
Therefore, Qes Group Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.59.
The historical rank and industry rank for Qes Group Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0196'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.6 Max: 0.64
Current: 0.57
During the past 12 years, the highest Equity to Asset Ratio of Qes Group Bhd was 0.64. The lowest was 0.33. And the median was 0.60.
XKLS:0196's Equity-to-Asset is ranked better than 51.87% of 2493
companies
in the Hardware industry
Industry Median: 0.56
vs XKLS:0196: 0.57
Qes Group Bhd (XKLS:0196) 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%.
Qes Group Bhd Equity-to-Asset Related Terms
Qes Group Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Qes Group 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.
XKLS:0196 vs SNX, ARW, AVT: Equity-to-Asset Comparison
For the Electronics & Computer Distribution subindustry, Qes Group 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.
Qes Group Bhd Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Qes Group Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Qes Group Bhd's Equity-to-Asset falls into.
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.
Qes Group 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.
Qes Group Bhd (XKLS:0196) 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 Qes Group Bhd and its competitors. This is near median its historical median of 0.60. Over the past decade, Qes Group Bhd's Equity-to-Asset has ranged from 0.33 to 0.64. According to the industry distribution chart, Qes Group Bhd ranks #1200 out of 2493 companies in the Hardware industry, placing it in the top 48.1%.
Is Qes Group Bhd's Equity-to-Asset too high?
Qes Group Bhd's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.64. The Hardware industry median Equity-to-Asset is 0.56. Qes Group Bhd's value of 0.59 is 5.4% above this industry median. Based on the distribution chart, Qes Group Bhd ranks #1200 out of 2493 companies in the Hardware industry, which is above the industry midpoint. Overall, Qes Group Bhd has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qes Group Bhd's Equity-to-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Qes Group Bhd ranks #1200 out of 2493 companies for Equity-to-Asset. This puts Qes Group Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Qes Group Bhd's value of 0.59 is 5.4% above this benchmark. Historically, Qes Group Bhd's own Equity-to-Asset has ranged from 0.33 to 0.64 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.56, Qes Group 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,493 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. Qes Group Bhd's current Equity-to-Asset of 0.59 is 5.4% 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 Qes Group Bhd and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qes Group Bhd's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qes Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Qes Group Bhd (XKLS:0196) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.54 — trading 7.8% below its estimated fair value. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.60 and 5.4% above the Hardware industry median of 0.56. Qes Group Bhd's overall GF Score™ is 65/100 with 4 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 Qes Group Bhd (XKLS:0196), 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 Qes Group Bhd (XKLS:0196) Overvalued in 2026?
Based on GuruFocus' analysis, Qes Group Bhd stock appears to be undervalued.
The current stock price of RM0.54 is trading 7.8% below its estimated GF Value™ of RM0.58.
GuruFocus considers Qes Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:0196:
Equity-to-Asset: 0.59 (near median its 10-year median of 0.60)
GF Value™: RM0.58 vs. price of RM0.54 (7.8% below fair value)
Industry Position: 5.4% above the Hardware median (#1200 of 2493)
No single metric tells the full story. See the XKLS:0196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qes Group Bhd is a Malaysia-based investment holding. The company has multiple businesses that includes, the Equipment segment which derives maximum revenue includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment, mechanical and electrical engineering consultancy service, and investment holding, that invests in shares.
65GF Score
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