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Magnum BhdXKLS:3859 -1.65%84 Equity-to-Asset is 0.72 as of Jun. 2026, which is 6% above its 10-year median of 0.68. GuruFocus rates XKLS:3859 with a GF Score™ of 84/100 and a GF Value™ of RM1.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 853 Travel & Leisure companies, Magnum Bhd ranks better than 76.79% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Magnum Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM2,567 Mil. Magnum Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM3,618 Mil.
Therefore, Magnum Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.72.
The historical rank and industry rank for Magnum Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:3859'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.68 Max: 0.72
Current: 0.71
During the past 13 years, the highest Equity to Asset Ratio of Magnum Bhd was 0.72. The lowest was 0.65. And the median was 0.68.
XKLS:3859's Equity-to-Asset is ranked better than 76.79% of 853
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs XKLS:3859: 0.71
Magnum Bhd (XKLS:3859) 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%.
Magnum Bhd Equity-to-Asset Related Terms
Magnum Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Magnum 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:3859 vs FLUT, DKNG, SGHC: Equity-to-Asset Comparison
For the Gambling subindustry, Magnum 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.
Magnum Bhd Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Magnum Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Magnum 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.
Magnum 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.
Magnum Bhd (XKLS:3859) has a Equity-to-Asset of 0.72 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Magnum Bhd and its competitors. This is near median its historical median of 0.68. Over the past decade, Magnum Bhd's Equity-to-Asset has ranged from 0.65 to 0.72. According to the industry distribution chart, Magnum Bhd ranks #198 out of 853 companies in the Travel & Leisure industry, placing it in the top 23.2%.
Is Magnum Bhd's Equity-to-Asset too high?
Magnum Bhd's current Equity-to-Asset of 0.72 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 0.72. The Travel & Leisure industry median Equity-to-Asset is 0.51. Magnum Bhd's value of 0.72 is 41.2% above this industry median. Based on the distribution chart, Magnum Bhd ranks #198 out of 853 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Magnum Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnum Bhd's Equity-to-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Magnum Bhd ranks #198 out of 853 companies for Equity-to-Asset. This places Magnum Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.51. Magnum Bhd's value of 0.72 is 41.2% above this benchmark. Historically, Magnum Bhd's own Equity-to-Asset has ranged from 0.65 to 0.72 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.51, Magnum 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 Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 853 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. Magnum Bhd's current Equity-to-Asset of 0.72 is 41.2% 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 Magnum Bhd and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnum Bhd's current Equity-to-Asset is 0.72, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnum Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magnum Bhd (XKLS:3859) is currently considered Fairly Valued. The stock's GF Value™ is RM1.26, compared to a current price of RM1.19 — trading 5.6% below its estimated fair value. The current Equity-to-Asset is 0.72, which is near median its 10-year median of 0.68 and 41.2% above the Travel & Leisure industry median of 0.51. Magnum Bhd's overall GF Score™ is 84/100 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 Magnum Bhd (XKLS:3859), the current Equity-to-Asset is 0.72 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 Magnum Bhd (XKLS:3859) Overvalued in 2026?
Based on GuruFocus' analysis, Magnum Bhd stock appears to be undervalued.
The current stock price of RM1.19 is trading 5.6% below its estimated GF Value™ of RM1.26.
GuruFocus considers Magnum Bhd to be Fairly Valued.
Key valuation signals for XKLS:3859:
Equity-to-Asset: 0.72 (near median its 10-year median of 0.68)
GF Value™: RM1.26 vs. price of RM1.19 (5.6% below fair value)
Industry Position: 41.2% above the Travel & Leisure median (#198 of 853)
No single metric tells the full story. See the XKLS:3859 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magnum Bhd is an investment holding company mainly involved in the gambling industry. Magnum, through a government license, is mainly involved in the forecasting lottery business. It operates in two segments: Gaming and Investment holdings, and others. The company generates the vast majority of its revenue in Malaysia.
84GF Score
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