United Malacca Bhd (XKLS:2593) Equity-to-Asset: 0.86 (As of Apr. 2026) — 13% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:2593 United Malacca Bhd XKLS:2593
71 GF Score
Price RM6.08
GF Value RM6.62
Valuation Fairly Valued
! 1 Warning Sign
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What is United Malacca Bhd Equity-to-Asset?

United Malacca Bhd XKLS:2593 +1.33% 71 Equity-to-Asset is 0.86 as of Apr. 2026, which is 13% above its 10-year median of 0.76. GuruFocus rates XKLS:2593 with a GF Score™ of 71/100 and a GF Value™ of RM6.62 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,015 Consumer Packaged Goods companies, United Malacca Bhd ranks better than 92.61% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Malacca Bhd's Total Stockholders Equity for the quarter that ended in Apr. 2026 was RM1,560.6 Mil. United Malacca Bhd's Total Assets for the quarter that ended in Apr. 2026 was RM1,821.5 Mil. Therefore, United Malacca Bhd's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.86.

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

XKLS:2593' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.76   Max: 0.86
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of United Malacca Bhd was 0.86. The lowest was 0.71. And the median was 0.76.

XKLS:2593's Equity-to-Asset is ranked better than
92.61% of 2015 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:2593: 0.86

United Malacca Bhd  (XKLS:2593) 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%.


United Malacca Bhd Equity-to-Asset Related Terms


United Malacca Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for United Malacca 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.

United Malacca Bhd Equity-to-Asset Chart

United Malacca Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.80 0.80 0.82 0.86

United Malacca Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.82 0.81 0.83 0.85 0.86

XKLS:2593 vs ADM, BG, TSN: Equity-to-Asset Comparison

For the Farm Products subindustry, United Malacca 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.


United Malacca Bhd Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Malacca Bhd's Equity-to-Asset distribution charts can be found below:

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


XKLS:2593
71GF Score
United Malacca Bhd XKLS:2593
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Malacca 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.

United Malacca Bhd's Equity to Asset Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Equity to Asset (A: Apr. 2026 )=Total Stockholders Equity/Total Assets
=1560.628/1821.491
=0.86

United Malacca Bhd's Equity to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Equity to Asset (Q: Apr. 2026 )=Total Stockholders Equity/Total Assets
=1560.628/1821.491
=0.86

* 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 0.86 mean?
United Malacca Bhd (XKLS:2593) has a Equity-to-Asset of 0.86 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on United Malacca Bhd and its competitors. This is 13% above median its historical median of 0.76. Over the past decade, United Malacca Bhd's Equity-to-Asset has ranged from 0.71 to 0.86. According to the industry distribution chart, United Malacca Bhd ranks #149 out of 2015 companies in the Consumer Packaged Goods industry, placing it in the top 7.4%.
Is United Malacca Bhd's Equity-to-Asset too high?
United Malacca Bhd's current Equity-to-Asset of 0.86 is 13% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 0.86. The Consumer Packaged Goods industry median Equity-to-Asset is 0.54. United Malacca Bhd's value of 0.86 is 59.3% above this industry median. Based on the distribution chart, United Malacca Bhd ranks #149 out of 2015 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, United Malacca Bhd has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Malacca Bhd's Equity-to-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, United Malacca Bhd ranks #149 out of 2015 companies for Equity-to-Asset. This places United Malacca Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.54. United Malacca Bhd's value of 0.86 is 59.3% above this benchmark. Historically, United Malacca Bhd's own Equity-to-Asset has ranged from 0.71 to 0.86 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.54, United Malacca 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 Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.54, based on 2,015 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. United Malacca Bhd's current Equity-to-Asset of 0.86 is 59.3% 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 United Malacca Bhd and its competitors. For the Consumer Packaged Goods 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. United Malacca Bhd's current Equity-to-Asset is 0.86, which is 13% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Malacca Bhd stock overvalued right now?
Based on GuruFocus' analysis, United Malacca Bhd (XKLS:2593) is currently considered Fairly Valued. The stock's GF Value™ is RM6.62, compared to a current price of RM6.08 — trading 8.2% below its estimated fair value. The current Equity-to-Asset is 0.86, which is 13% above median its 10-year median of 0.76 and 59.3% above the Consumer Packaged Goods industry median of 0.54. United Malacca Bhd's overall GF Score™ is 71/100 with 1 warning sign 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 United Malacca Bhd (XKLS:2593), the current Equity-to-Asset is 0.86 as of Apr. 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 United Malacca Bhd (XKLS:2593) Overvalued in 2026?

Based on GuruFocus' analysis, United Malacca Bhd stock appears to be undervalued. The current stock price of RM6.08 is trading 8.2% below its estimated GF Value™ of RM6.62. GuruFocus considers United Malacca Bhd to be Fairly Valued.

Key valuation signals for XKLS:2593:

  • Equity-to-Asset: 0.86 (13% above median its 10-year median of 0.76)
  • GF Value™: RM6.62 vs. price of RM6.08 (8.2% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 59.3% above the Consumer Packaged Goods median (#149 of 2015)

No single metric tells the full story. See the XKLS:2593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Malacca Bhd Business Description

Address 6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority revenue from Malaysia and also has a presence in Indonesia.
71GF Score

Get the complete analysis for XKLS:2593

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

RM6.08
Price
RM6.62
GF Value