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Leform BhdXKLS:0266 37 Equity-to-Asset is 0.51 as of Jun. 2026, which is 6% above its 10-year median of 0.48. GuruFocus rates XKLS:0266 with a GF Score™ of 37/100 and a GF Value™ of RM0.12 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 632 Steel companies, Leform Bhd ranks worse than 54.91% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leform Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM237.3 Mil. Leform Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM464.2 Mil.
Therefore, Leform Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.51.
The historical rank and industry rank for Leform Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0266'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.48 Max: 0.56
Current: 0.51
During the past 7 years, the highest Equity to Asset Ratio of Leform Bhd was 0.56. The lowest was 0.33. And the median was 0.48.
XKLS:0266's Equity-to-Asset is ranked worse than 54.91% of 632
companies
in the Steel industry
Industry Median: 0.54
vs XKLS:0266: 0.51
Leform Bhd (XKLS:0266) 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%.
Leform Bhd Equity-to-Asset Related Terms
Leform Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Leform 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:0266 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Leform 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.
Leform Bhd Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Leform Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Leform 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.
Leform 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.
Leform Bhd (XKLS:0266) has a Equity-to-Asset of 0.51 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Leform Bhd and its competitors. This is near median its historical median of 0.48. Over the past decade, Leform Bhd's Equity-to-Asset has ranged from 0.33 to 0.56. According to the industry distribution chart, Leform Bhd ranks #347 out of 632 companies in the Steel industry, placing it in the top 54.9%.
Is Leform Bhd's Equity-to-Asset too high?
Leform Bhd's current Equity-to-Asset of 0.51 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.56. The Steel industry median Equity-to-Asset is 0.54. Leform Bhd's value of 0.51 is 5.6% below this industry median. Based on the distribution chart, Leform Bhd ranks #347 out of 632 companies in the Steel industry, which is below the industry midpoint. Overall, Leform Bhd has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leform Bhd's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Leform Bhd ranks #347 out of 632 companies for Equity-to-Asset. This places Leform Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Leform Bhd's value of 0.51 is 5.6% below this benchmark. Historically, Leform Bhd's own Equity-to-Asset has ranged from 0.33 to 0.56 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.54, Leform 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 632 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. Leform Bhd's current Equity-to-Asset of 0.51 is 5.6% 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 Leform Bhd and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leform Bhd's current Equity-to-Asset is 0.51, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leform Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leform Bhd (XKLS:0266) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.12, compared to a current price of RM0.17 — trading 41.7% above its estimated fair value. The current Equity-to-Asset is 0.51, which is near median its 10-year median of 0.48 and 5.6% below the Steel industry median of 0.54. Leform Bhd's overall GF Score™ is 37/100 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 Leform Bhd (XKLS:0266), the current Equity-to-Asset is 0.51 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 Leform Bhd (XKLS:0266) Overvalued in 2026?
Based on GuruFocus' analysis, Leform Bhd stock appears to be overvalued.
The current stock price of RM0.17 is trading 41.7% above its estimated GF Value™ of RM0.12.
GuruFocus considers Leform Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0266:
Equity-to-Asset: 0.51 (near median its 10-year median of 0.48)
GF Value™: RM0.12 vs. price of RM0.17 (41.7% above fair value)
Industry Position: 5.6% below the Steel median (#347 of 632)
No single metric tells the full story. See the XKLS:0266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries, including furniture, construction, as well as industrial product manufacturing industries (which include automotive parts and telecommunication tower pole part manufacturing). The firm's operating segment includes Manufacturing, Trading, and Others. The firm generates the majority of its revenue from the Manufacturing segment.
37GF Score
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