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Melewar Industrial Group Bhd (XKLS:3778) 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%.
Melewar Industrial Group Bhd Equity-to-Asset Related Terms
Melewar Industrial Group Bhd Equity-to-Asset Historical Data
* 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.
Melewar Industrial Group Bhd Equity-to-Asset Chart
XKLS:3778 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Melewar Industrial 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.
Melewar Industrial Group Bhd Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Melewar Industrial Group Bhd's Equity-to-Asset falls into.
Melewar Industrial Group 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.
Melewar Industrial Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2026 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.
Melewar Industrial Group Bhd (XKLS:3778) has a Equity-to-Asset of 0.58 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Melewar Industrial Group Bhd and its competitors. This is 23% above median its historical median of 0.47. Over the past decade, Melewar Industrial Group Bhd's Equity-to-Asset has ranged from 0.32 to 0.58. According to the industry distribution chart, Melewar Industrial Group Bhd ranks #270 out of 632 companies in the Steel industry, placing it in the top 42.7%.
Is Melewar Industrial Group Bhd's Equity-to-Asset too high?
Melewar Industrial Group Bhd's current Equity-to-Asset of 0.58 is 23% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.58. The Steel industry median Equity-to-Asset is 0.54. Melewar Industrial Group Bhd's value of 0.58 is 7.4% above this industry median. Based on the distribution chart, Melewar Industrial Group Bhd ranks #270 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Melewar Industrial Group Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melewar Industrial Group Bhd's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Melewar Industrial Group Bhd ranks #270 out of 632 companies for Equity-to-Asset. This puts Melewar Industrial Group Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.54. Melewar Industrial Group Bhd's value of 0.58 is 7.4% above this benchmark. Historically, Melewar Industrial Group Bhd's own Equity-to-Asset has ranged from 0.32 to 0.58 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.54, Melewar Industrial 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 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. Melewar Industrial Group Bhd's current Equity-to-Asset of 0.58 is 7.4% 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 Melewar Industrial Group 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. Melewar Industrial Group Bhd's current Equity-to-Asset is 0.58, which is 23% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melewar Industrial Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 35% below its estimated fair value. The current Equity-to-Asset is 0.58, which is 23% above median its 10-year median of 0.47 and 7.4% above the Steel industry median of 0.54. Melewar Industrial Group Bhd's overall GF Score™ is 41/100 with 3 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 Melewar Industrial Group Bhd (XKLS:3778), the current Equity-to-Asset is 0.58 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 Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued.
The current stock price of RM0.13 is trading 35% below its estimated GF Value™ of RM0.20.
GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.
Key valuation signals for XKLS:3778:
Equity-to-Asset: 0.58 (23% above median its 10-year median of 0.47)
GF Value™: RM0.20 vs. price of RM0.13 (35% below fair value)
Industry Position: 7.4% above the Steel median (#270 of 632)
No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.
41GF Score
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