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HE Group BhdXKLS:0296 51 Equity-to-Asset is 0.59 as of Jun. 2026, which is 23% above its 10-year median of 0.48. GuruFocus rates XKLS:0296 with a GF Score™ of 51/100 and a GF Value™ of RM0.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,789 Construction companies, HE Group Bhd ranks better than 69.98% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HE Group Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM74.2 Mil. HE Group Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM125.0 Mil.
Therefore, HE 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 HE Group Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0296'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.48 Max: 0.63
Current: 0.59
During the past 6 years, the highest Equity to Asset Ratio of HE Group Bhd was 0.63. The lowest was 0.18. And the median was 0.48.
XKLS:0296's Equity-to-Asset is ranked better than 69.98% of 1789
companies
in the Construction industry
Industry Median: 0.45
vs XKLS:0296: 0.59
HE Group Bhd (XKLS:0296) 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%.
HE Group Bhd Equity-to-Asset Related Terms
HE Group Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for HE 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:0296 vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, HE 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.
HE Group Bhd Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, HE Group Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where HE 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.
HE 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.
HE Group Bhd (XKLS:0296) 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 HE Group Bhd and its competitors. This is 23% above median its historical median of 0.48. Over the past decade, HE Group Bhd's Equity-to-Asset has ranged from 0.18 to 0.63. According to the industry distribution chart, HE Group Bhd ranks #537 out of 1789 companies in the Construction industry, placing it in the top 30%.
Is HE Group Bhd's Equity-to-Asset too high?
HE Group Bhd's current Equity-to-Asset of 0.59 is 23% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.63. The Construction industry median Equity-to-Asset is 0.45. HE Group Bhd's value of 0.59 is 31.1% above this industry median. Based on the distribution chart, HE Group Bhd ranks #537 out of 1789 companies in the Construction industry, which is above the industry midpoint. Overall, HE Group Bhd has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, HE Group Bhd ranks #537 out of 1789 companies for Equity-to-Asset. This puts HE Group Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.45. HE Group Bhd's value of 0.59 is 31.1% above this benchmark. Historically, HE Group Bhd's own Equity-to-Asset has ranged from 0.18 to 0.63 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.45, HE 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,789 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. HE Group Bhd's current Equity-to-Asset of 0.59 is 31.1% 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 HE Group 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. HE Group Bhd's current Equity-to-Asset is 0.59, which is 23% above 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 HE Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, HE Group Bhd (XKLS:0296) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.39, compared to a current price of RM0.85 — trading 117.9% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 23% above median its 10-year median of 0.48 and 31.1% above the Construction industry median of 0.45. HE Group Bhd's overall GF Score™ is 51/100 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 HE Group Bhd (XKLS:0296), 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 HE Group Bhd (XKLS:0296) Overvalued in 2026?
Based on GuruFocus' analysis, HE Group Bhd stock appears to be overvalued.
The current stock price of RM0.85 is trading 117.9% above its estimated GF Value™ of RM0.39.
GuruFocus considers HE Group Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0296:
Equity-to-Asset: 0.59 (23% above median its 10-year median of 0.48)
GF Value™: RM0.39 vs. price of RM0.85 (117.9% above fair value)
Industry Position: 31.1% above the Construction median (#537 of 1789)
No single metric tells the full story. See the XKLS:0296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
51GF Score
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