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Tri-Mode System (M) BhdXKLS:0199 44 Equity-to-Asset is 0.51 as of Mar. 2026, which is 14% below its 10-year median of 0.59. GuruFocus rates XKLS:0199 with a GF Score™ of 44/100 and a GF Value™ of RM0.26 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,018 Transportation companies, Tri-Mode System (M) Bhd ranks better than 52.06% on this metric.
Tri-Mode System (M) Bhd (XKLS:0199) 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%.
Tri-Mode System (M) Bhd Equity-to-Asset Related Terms
Tri-Mode System (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.
XKLS:0199 vs UPS, FDX, JBHT: Equity-to-Asset Comparison
For the Integrated Freight & Logistics subindustry, Tri-Mode System (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.
Tri-Mode System (M) Bhd Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Tri-Mode System (M) Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tri-Mode System (M) Bhd's Equity-to-Asset falls into.
Tri-Mode System (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.
Tri-Mode System (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.
Tri-Mode System (M) Bhd (XKLS:0199) has a Equity-to-Asset of 0.51 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tri-Mode System (M) Bhd and its competitors. This is 14% below median its historical median of 0.59. Over the past decade, Tri-Mode System (M) Bhd's Equity-to-Asset has ranged from 0.39 to 0.72. According to the industry distribution chart, Tri-Mode System (M) Bhd ranks #488 out of 1018 companies in the Transportation industry, placing it in the top 47.9%.
Is Tri-Mode System (M) Bhd's Equity-to-Asset too high?
Tri-Mode System (M) Bhd's current Equity-to-Asset of 0.51 is 14% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.72. The Transportation industry median Equity-to-Asset is 0.50. Tri-Mode System (M) Bhd's value of 0.51 is 2% above this industry median. Based on the distribution chart, Tri-Mode System (M) Bhd ranks #488 out of 1018 companies in the Transportation industry, which is above the industry midpoint. Overall, Tri-Mode System (M) Bhd has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tri-Mode System (M) Bhd's Equity-to-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Tri-Mode System (M) Bhd ranks #488 out of 1018 companies for Equity-to-Asset. This puts Tri-Mode System (M) Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.50. Tri-Mode System (M) Bhd's value of 0.51 is 2% above this benchmark. Historically, Tri-Mode System (M) Bhd's own Equity-to-Asset has ranged from 0.39 to 0.72 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.50, Tri-Mode System (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 Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,018 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. Tri-Mode System (M) Bhd's current Equity-to-Asset of 0.51 is 2% 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 Tri-Mode System (M) Bhd and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri-Mode System (M) Bhd's current Equity-to-Asset is 0.51, which is 14% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Mode System (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd (XKLS:0199) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.26, compared to a current price of RM0.17 — trading 36.5% below its estimated fair value. The current Equity-to-Asset is 0.51, which is 14% below median its 10-year median of 0.59 and 2% above the Transportation industry median of 0.50. Tri-Mode System (M) Bhd's overall GF Score™ is 44/100 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 Tri-Mode System (M) Bhd (XKLS:0199), the current Equity-to-Asset is 0.51 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 Tri-Mode System (M) Bhd (XKLS:0199) Overvalued in 2026?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 36.5% below its estimated GF Value™ of RM0.26.
GuruFocus considers Tri-Mode System (M) Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0199:
Equity-to-Asset: 0.51 (14% below median its 10-year median of 0.59)
GF Value™: RM0.26 vs. price of RM0.17 (36.5% below fair value)
Industry Position: 2% above the Transportation median (#488 of 1018)
No single metric tells the full story. See the XKLS:0199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tri-Mode System (M) Bhd is an integrated logistics service provider & has six segments. Sea freight segment organizes shipments for customers & overseas freight forwarded & manage bookings for cargo space for sea shipments; Container haulage segment provides land transportation services; Air freight segment plans & manages booking of cargo space for customer's air shipments; Freights forwarding segment manages document preparation, customs clearance, airlines & container haulage division for transportation of cargoes; Warehousing segment provides services such as general storage, consolidation & deconsolidation, transshipment of cargoes & inventory management services; & Marine insurance segment provide insurance service on cargoes by group. The key revenue is from the Sea freight segment.
44GF Score
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