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Nexg BhdXKLS:5216 +7.41%48 Equity-to-Asset is 0.84 as of Jun. 2026, which is 11% above its 10-year median of 0.76. GuruFocus rates XKLS:5216 with a GF Score™ of 48/100 and a GF Value™ of RM0.24 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,494 Hardware companies, Nexg Bhd ranks better than 90.82% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nexg Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM516.8 Mil. Nexg Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM612.8 Mil.
Therefore, Nexg Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.84.
The historical rank and industry rank for Nexg Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:5216'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.76 Max: 0.85
Current: 0.84
During the past 13 years, the highest Equity to Asset Ratio of Nexg Bhd was 0.85. The lowest was 0.54. And the median was 0.76.
XKLS:5216's Equity-to-Asset is ranked better than 90.82% of 2494
companies
in the Hardware industry
Industry Median: 0.56
vs XKLS:5216: 0.84
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%.
Nexg Bhd Equity-to-Asset Related Terms
Nexg Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nexg 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:5216 vs DELL, ANET, SNDK: Equity-to-Asset Comparison
For the Computer Hardware subindustry, Nexg 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.
Nexg Bhd Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Nexg Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nexg 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.
Nexg Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 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.
Nexg Bhd (XKLS:5216) has a Equity-to-Asset of 0.84 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nexg Bhd and its competitors. This is 11% above median its historical median of 0.76. Over the past decade, Nexg Bhd's Equity-to-Asset has ranged from 0.54 to 0.85. According to the industry distribution chart, Nexg Bhd ranks #229 out of 2494 companies in the Hardware industry, placing it in the top 9.2%.
Is Nexg Bhd's Equity-to-Asset too high?
Nexg Bhd's current Equity-to-Asset of 0.84 is 11% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.85. The Hardware industry median Equity-to-Asset is 0.56. Nexg Bhd's value of 0.84 is 50% above this industry median. Based on the distribution chart, Nexg Bhd ranks #229 out of 2494 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nexg Bhd has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexg Bhd's Equity-to-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Nexg Bhd ranks #229 out of 2494 companies for Equity-to-Asset. This places Nexg Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. Nexg Bhd's value of 0.84 is 50% above this benchmark. Historically, Nexg Bhd's own Equity-to-Asset has ranged from 0.54 to 0.85 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.56, Nexg 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,494 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. Nexg Bhd's current Equity-to-Asset of 0.84 is 50% 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 Nexg Bhd and its competitors. For the Hardware 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. Nexg Bhd's current Equity-to-Asset is 0.84, which is 11% 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 Nexg Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nexg Bhd (XKLS:5216) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.29 — trading 20.8% above its estimated fair value. The current Equity-to-Asset is 0.84, which is 11% above median its 10-year median of 0.76 and 50% above the Hardware industry median of 0.56. Nexg Bhd's overall GF Score™ is 48/100 with 4 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 Nexg Bhd (XKLS:5216), the current Equity-to-Asset is 0.84 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 Nexg Bhd (XKLS:5216) Overvalued in 2026?
Based on GuruFocus' analysis, Nexg Bhd stock appears to be overvalued.
The current stock price of RM0.29 is trading 20.8% above its estimated GF Value™ of RM0.24.
GuruFocus considers Nexg Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5216:
Equity-to-Asset: 0.84 (11% above median its 10-year median of 0.76)
GF Value™: RM0.24 vs. price of RM0.29 (20.8% above fair value)
Industry Position: 50% above the Hardware median (#229 of 2494)
No single metric tells the full story. See the XKLS:5216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.
48GF Score
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