Ecomate Holdings Bhd (XKLS:0239) Equity-to-Asset: 0.43 (As of May. 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0239 Ecomate Holdings Bhd XKLS:0239
53 GF Score
Price RM0.86
GF Value RM0.62
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ecomate Holdings Bhd Equity-to-Asset?

Ecomate Holdings Bhd XKLS:0239 53 Equity-to-Asset is 0.43 as of May. 2026, which is 28% below its 10-year median of 0.60. GuruFocus rates XKLS:0239 with a GF Score™ of 53/100 and a GF Value™ of RM0.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Ecomate Holdings Bhd ranks worse than 69.2% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ecomate Holdings Bhd's Total Stockholders Equity for the quarter that ended in May. 2026 was RM43.56 Mil. Ecomate Holdings Bhd's Total Assets for the quarter that ended in May. 2026 was RM101.31 Mil. Therefore, Ecomate Holdings Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.43.

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

XKLS:0239' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.6   Max: 0.68
Current: 0.43

During the past 8 years, the highest Equity to Asset Ratio of Ecomate Holdings Bhd was 0.68. The lowest was 0.15. And the median was 0.60.

XKLS:0239's Equity-to-Asset is ranked worse than
69.2% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.57 vs XKLS:0239: 0.43

Ecomate Holdings Bhd  (XKLS:0239) 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%.


Ecomate Holdings Bhd Equity-to-Asset Related Terms


Ecomate Holdings Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Ecomate 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.

Ecomate Holdings Bhd Equity-to-Asset Chart

Ecomate Holdings Bhd Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Equity-to-Asset
Get a 7-Day Free Trial 0.58 0.68 0.63 0.65 0.42

Ecomate Holdings Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.64 0.54 0.41 0.42 0.43

XKLS:0239 vs SN, SGI, MHK: Equity-to-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ecomate 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.


Ecomate Holdings Bhd Equity-to-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ecomate Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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


XKLS:0239
53GF Score
Ecomate Holdings Bhd XKLS:0239
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecomate 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.

Ecomate Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Equity to Asset (A: Feb. 2026 )=Total Stockholders Equity/Total Assets
=44.728/107.736
=0.42

Ecomate Holdings Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=43.561/101.309
=0.43

* 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 0.43 mean?
Ecomate Holdings Bhd (XKLS:0239) has a Equity-to-Asset of 0.43 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ecomate Holdings Bhd and its competitors. This is 28% below median its historical median of 0.60. Over the past decade, Ecomate Holdings Bhd's Equity-to-Asset has ranged from 0.15 to 0.68. According to the industry distribution chart, Ecomate Holdings Bhd ranks #301 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 69.2%.
Is Ecomate Holdings Bhd's Equity-to-Asset too high?
Ecomate Holdings Bhd's current Equity-to-Asset of 0.43 is 28% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.68. The Furnishings, Fixtures & Appliances industry median Equity-to-Asset is 0.57. Ecomate Holdings Bhd's value of 0.43 is 24.6% below this industry median. Based on the distribution chart, Ecomate Holdings Bhd ranks #301 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ecomate Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecomate Holdings Bhd's Equity-to-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ecomate Holdings Bhd ranks #301 out of 435 companies for Equity-to-Asset. This places Ecomate Holdings Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.57. Ecomate Holdings Bhd's value of 0.43 is 24.6% below this benchmark. Historically, Ecomate Holdings Bhd's own Equity-to-Asset has ranged from 0.15 to 0.68 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.57, Ecomate 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 Furnishings, Fixtures & Appliances company?
The median Equity-to-Asset among Furnishings, Fixtures & Appliances companies is 0.57, based on 435 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. Ecomate Holdings Bhd's current Equity-to-Asset of 0.43 is 24.6% 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 Ecomate Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecomate Holdings Bhd's current Equity-to-Asset is 0.43, which is 28% below 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 Ecomate Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ecomate Holdings Bhd (XKLS:0239) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.62, compared to a current price of RM0.86 — trading 37.9% above its estimated fair value. The current Equity-to-Asset is 0.43, which is 28% below median its 10-year median of 0.60 and 24.6% below the Furnishings, Fixtures & Appliances industry median of 0.57. Ecomate Holdings Bhd's overall GF Score™ is 53/100 with 7 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 Ecomate Holdings Bhd (XKLS:0239), the current Equity-to-Asset is 0.43 as of May. 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 Ecomate Holdings Bhd (XKLS:0239) Overvalued in 2026?

Based on GuruFocus' analysis, Ecomate Holdings Bhd stock appears to be overvalued. The current stock price of RM0.86 is trading 37.9% above its estimated GF Value™ of RM0.62. GuruFocus considers Ecomate Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0239:

  • Equity-to-Asset: 0.43 (28% below median its 10-year median of 0.60)
  • GF Value™: RM0.62 vs. price of RM0.86 (37.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 24.6% below the Furnishings, Fixtures & Appliances median (#301 of 435)

No single metric tells the full story. See the XKLS:0239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ecomate Holdings Bhd Business Description

Address Kawasan Perindustrian Bakri Batu 7, Lot PTD 7274, Jalan Bakri, Muar, JHR, MYS, 84200
Ecomate Holdings Bhd is an investment holding company. Through its subsidiary, the company is principally engaged in the production of ready-to-assemble furniture products, where it undertakes design and development, production as well as marketing and sales of living room furniture, bedroom furniture as well as other types of furniture. The company has a single operating segment namely the furniture industry.
53GF Score

Get the complete analysis for XKLS:0239

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

RM0.86
Price
RM0.62
GF Value