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The historical rank and industry rank for Malaysia Steel Works (KL) Bhd Shs's Equity-to-Asset or its related term are showing as below:
XKLS:5098'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.47 Max: 0.55
Current: 0.38
During the past 13 years, the highest Equity to Asset Ratio of Malaysia Steel Works (KL) Bhd Shs was 0.55. The lowest was 0.38. And the median was 0.47.
XKLS:5098's Equity-to-Asset is ranked worse than 73.38% of 631
companies
in the Steel industry
Industry Median: 0.54
vs XKLS:5098: 0.38
Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) 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%.
Malaysia Steel Works (KL) Bhd Shs Equity-to-Asset Related Terms
Malaysia Steel Works (KL) Bhd Shs 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.
Malaysia Steel Works (KL) Bhd Shs Equity-to-Asset Chart
XKLS:5098 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Malaysia Steel Works (KL) Bhd Shs'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.
Malaysia Steel Works (KL) Bhd Shs Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Malaysia Steel Works (KL) Bhd Shs's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Malaysia Steel Works (KL) Bhd Shs's Equity-to-Asset falls into.
Malaysia Steel Works (KL) Bhd Shs 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.
* 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.
Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) has a Equity-to-Asset of 0.38 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Malaysia Steel Works (KL) Bhd Shs and its competitors. This is 19% below median its historical median of 0.47. Over the past decade, Malaysia Steel Works (KL) Bhd Shs' Equity-to-Asset has ranged from 0.38 to 0.55. According to the industry distribution chart, Malaysia Steel Works (KL) Bhd Shs ranks #463 out of 631 companies in the Steel industry, placing it in the top 73.4%.
Is Malaysia Steel Works (KL) Bhd Shs' Equity-to-Asset too high?
Malaysia Steel Works (KL) Bhd Shs' current Equity-to-Asset of 0.38 is 19% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.55. The Steel industry median Equity-to-Asset is 0.54. Malaysia Steel Works (KL) Bhd Shs' value of 0.38 is 29.6% below this industry median. Based on the distribution chart, Malaysia Steel Works (KL) Bhd Shs ranks #463 out of 631 companies in the Steel industry, which is below the industry midpoint. Overall, Malaysia Steel Works (KL) Bhd Shs has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Malaysia Steel Works (KL) Bhd Shs' Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Malaysia Steel Works (KL) Bhd Shs ranks #463 out of 631 companies for Equity-to-Asset. This places Malaysia Steel Works (KL) Bhd Shs in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Malaysia Steel Works (KL) Bhd Shs' value of 0.38 is 29.6% below this benchmark. Historically, Malaysia Steel Works (KL) Bhd Shs' own Equity-to-Asset has ranged from 0.38 to 0.55 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.54, Malaysia Steel Works (KL) Bhd Shs has consistently been below 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 631 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. Malaysia Steel Works (KL) Bhd Shs's current Equity-to-Asset of 0.38 is 29.6% below 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 Malaysia Steel Works (KL) Bhd Shs 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. Malaysia Steel Works (KL) Bhd Shs's current Equity-to-Asset is 0.38, which is 19% below 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 Malaysia Steel Works (KL) Bhd Shs stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.37, compared to a current price of RM0.21 — trading 43.2% below its estimated fair value. The current Equity-to-Asset is 0.38, which is 19% below median its 10-year median of 0.47 and 29.6% below the Steel industry median of 0.54. Malaysia Steel Works (KL) Bhd Shs' overall GF Score™ is 36/100 with 7 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 Malaysia Steel Works (KL) Bhd Shs (XKLS:5098), the current Equity-to-Asset is 0.38 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 Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) Overvalued in 2026?
Based on GuruFocus' analysis, Malaysia Steel Works (KL) Bhd Shs stock appears to be undervalued.
The current stock price of RM0.21 is trading 43.2% below its estimated GF Value™ of RM0.37.
GuruFocus considers Malaysia Steel Works (KL) Bhd Shs to be Possible Value Trap.
Key valuation signals for XKLS:5098:
Equity-to-Asset: 0.38 (19% below median its 10-year median of 0.47)
GF Value™: RM0.37 vs. price of RM0.21 (43.2% below fair value)
Industry Position: 29.6% below the Steel median (#463 of 631)
No single metric tells the full story. See the XKLS:5098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malaysia Steel Works (KL) Bhd Shs engages in the manufacturing and marketing of high tensile steel bars, mild steel bars, and prime steel billets. These steel products are used in construction and infrastructure works. The company is organized in one business segment which is the Manufacturing of steel bars and billets. Geographically, the group has a business presence in Malaysia and Outside Malaysia, of which prime revenue is derived from Malaysia.
36GF Score
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