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TCS Group Holdings BhdXKLS:0221 Equity-to-Asset is 0.29 as of Jun. 2026, which is 12% below its 10-year median of 0.33. The stock has 7 warning signs investors should review. Among 1,796 Construction companies, TCS Group Holdings Bhd ranks worse than 74.72% on this metric.
TCS Group Holdings Bhd (XKLS:0221) 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%.
TCS Group Holdings Bhd Equity-to-Asset Related Terms
TCS Group Holdings Bhd Equity-to-Asset Historical Data
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The historical data trend for TCS Group Holdings 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:0221 vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, TCS Group Holdings 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.
TCS Group Holdings Bhd Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, TCS Group Holdings Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TCS Group Holdings Bhd's Equity-to-Asset falls into.
TCS Group Holdings 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.
TCS Group Holdings 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.
TCS Group Holdings Bhd (XKLS:0221) has a Equity-to-Asset of 0.29 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TCS Group Holdings Bhd and its competitors. This is 12% below median its historical median of 0.33. Over the past decade, TCS Group Holdings Bhd's Equity-to-Asset has ranged from 0.19 to 0.49. According to the industry distribution chart, TCS Group Holdings Bhd ranks #1342 out of 1796 companies in the Construction industry, placing it in the top 74.7%.
Is TCS Group Holdings Bhd's Equity-to-Asset too high?
TCS Group Holdings Bhd's current Equity-to-Asset of 0.29 is 12% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.49. The Construction industry median Equity-to-Asset is 0.45. TCS Group Holdings Bhd's value of 0.29 is 35.6% below this industry median. Based on the distribution chart, TCS Group Holdings Bhd ranks #1342 out of 1796 companies in the Construction industry, which is below the industry midpoint.
How does TCS Group Holdings Bhd's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, TCS Group Holdings Bhd ranks #1342 out of 1796 companies for Equity-to-Asset. This places TCS Group Holdings Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.45. TCS Group Holdings Bhd's value of 0.29 is 35.6% below this benchmark. Historically, TCS Group Holdings Bhd's own Equity-to-Asset has ranged from 0.19 to 0.49 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.45, TCS Group Holdings 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 Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,796 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. TCS Group Holdings Bhd's current Equity-to-Asset of 0.29 is 35.6% 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 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 TCS Group Holdings Bhd and its competitors. For the Construction 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. TCS Group Holdings Bhd's current Equity-to-Asset is 0.29, which is 12% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCS Group Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, TCS Group Holdings Bhd (XKLS:0221) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.12, compared to a current price of RM0.08 — trading 33.3% below its estimated fair value. The current Equity-to-Asset is 0.29, which is 12% below median its 10-year median of 0.33 and 35.6% below the Construction industry median of 0.45. 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 TCS Group Holdings Bhd (XKLS:0221), the current Equity-to-Asset is 0.29 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.
TCS Group Holdings Bhd is a building and infrastructure construction services provider for residential, commercial, and civil works in Malaysia. The Group has completed various types of residential buildings such as terrace houses, bungalows, high-rise apartments and condominium, as well as commercial buildings such as shop offices, shopping complexes, factory buildings and purpose-built buildings. Its services also include civil works such as roads, water and sewerage treatment plants, electrical substations, water tanks, and reticulation systems for townships. Its projects include BRDB Sales Gallery in Subang Jaya, Selangor, the IOI Moxy Hotel in IOI Resort City, Putrajaya, M Arisa in Sentul, Kuala Lumpur, and others. The Group's operations are predominantly carried out in Malaysia.
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