Tong Herr Resources Bhd (XKLS:5010) Equity-to-Asset: 0.82 (As of Jun. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5010 Tong Herr Resources Bhd XKLS:5010
55 GF Score
Price RM2.39
GF Value RM1.52
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Tong Herr Resources Bhd Equity-to-Asset?

Tong Herr Resources Bhd XKLS:5010 55 Equity-to-Asset is 0.82 as of Jun. 2026, which is 12% above its 10-year median of 0.73. GuruFocus rates XKLS:5010 with a GF Score™ of 55/100 and a GF Value™ of RM1.52 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 3,088 Industrial Products companies, Tong Herr Resources Bhd ranks better than 92.55% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tong Herr Resources Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM528.5 Mil. Tong Herr Resources Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM642.4 Mil. Therefore, Tong Herr Resources Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.82.

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

XKLS:5010' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.73   Max: 0.85
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Tong Herr Resources Bhd was 0.85. The lowest was 0.59. And the median was 0.73.

XKLS:5010's Equity-to-Asset is ranked better than
92.55% of 3088 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:5010: 0.82

Tong Herr Resources Bhd  (XKLS:5010) 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%.


Tong Herr Resources Bhd Equity-to-Asset Related Terms


Tong Herr Resources Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Tong Herr Resources 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.

Tong Herr Resources Bhd Equity-to-Asset Chart

Tong Herr Resources Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.80 0.83 0.78 0.81

Tong Herr Resources Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.75 0.79 0.81 0.85 0.82

XKLS:5010 vs SNA, RBC, LECO: Equity-to-Asset Comparison

For the Tools & Accessories subindustry, Tong Herr Resources 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.


Tong Herr Resources Bhd Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tong Herr Resources Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tong Herr Resources Bhd's Equity-to-Asset falls into.


XKLS:5010
55GF Score
Tong Herr Resources Bhd XKLS:5010
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Herr Resources 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.

Tong Herr Resources Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=532.539/654.432
=0.81

Tong Herr Resources Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=528.474/642.397
=0.82

* 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 0.82 mean?
Tong Herr Resources Bhd (XKLS:5010) has a Equity-to-Asset of 0.82 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tong Herr Resources Bhd and its competitors. This is 12% above median its historical median of 0.73. Over the past decade, Tong Herr Resources Bhd's Equity-to-Asset has ranged from 0.59 to 0.85. According to the industry distribution chart, Tong Herr Resources Bhd ranks #230 out of 3088 companies in the Industrial Products industry, placing it in the top 7.4%.
Is Tong Herr Resources Bhd's Equity-to-Asset too high?
Tong Herr Resources Bhd's current Equity-to-Asset of 0.82 is 12% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.85. The Industrial Products industry median Equity-to-Asset is 0.56. Tong Herr Resources Bhd's value of 0.82 is 46.4% above this industry median. Based on the distribution chart, Tong Herr Resources Bhd ranks #230 out of 3088 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tong Herr Resources Bhd has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tong Herr Resources Bhd's Equity-to-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Tong Herr Resources Bhd ranks #230 out of 3088 companies for Equity-to-Asset. This places Tong Herr Resources Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. Tong Herr Resources Bhd's value of 0.82 is 46.4% above this benchmark. Historically, Tong Herr Resources Bhd's own Equity-to-Asset has ranged from 0.59 to 0.85 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.56, Tong Herr Resources 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 an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,088 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. Tong Herr Resources Bhd's current Equity-to-Asset of 0.82 is 46.4% 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 Tong Herr Resources Bhd and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Herr Resources Bhd's current Equity-to-Asset is 0.82, which is 12% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Herr Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tong Herr Resources Bhd (XKLS:5010) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.52, compared to a current price of RM2.39 — trading 57.2% above its estimated fair value. The current Equity-to-Asset is 0.82, which is 12% above median its 10-year median of 0.73 and 46.4% above the Industrial Products industry median of 0.56. Tong Herr Resources Bhd's overall GF Score™ is 55/100 with 10 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 Tong Herr Resources Bhd (XKLS:5010), the current Equity-to-Asset is 0.82 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 Tong Herr Resources Bhd (XKLS:5010) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Herr Resources Bhd stock appears to be overvalued. The current stock price of RM2.39 is trading 57.2% above its estimated GF Value™ of RM1.52. GuruFocus considers Tong Herr Resources Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5010:

  • Equity-to-Asset: 0.82 (12% above median its 10-year median of 0.73)
  • GF Value™: RM1.52 vs. price of RM2.39 (57.2% above fair value)
  • GF Score™: 55/100 with 10 warning signs
  • Industry Position: 46.4% above the Industrial Products median (#230 of 3088)

No single metric tells the full story. See the XKLS:5010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Herr Resources Bhd Business Description

Address No. 2515 Tingkat Perusahaan 4A, Perai Free Trade Zone, Perai, PNG, MYS, 13600
Tong Herr Resources Bhd is involved in the manufacturing and sales of stainless steel fasteners, including nuts, bolts, screws, and all other threaded items, and also manufactures aluminium extrusions and its related products. The company operates through two primary business segments: stainless steel fasteners and aluminum products. Its fasteners include bolts, nuts, screws, and other components used in various industries. The aluminum segment complements the company's core offerings by providing products essential for diverse industrial applications. The majority of the revenue is derived from the Manufacture and sale of stainless steel fasteners segment. Geographically, it operates in Malaysia, Thailand, the Republic of China (Taiwan), the United States of America, and Others.
55GF Score

Get the complete analysis for XKLS:5010

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

RM2.39
Price
RM1.52
GF Value