Mst Golf group Bhd (XKLS:5316) Equity-to-Asset: 0.59 (As of Jun. 2026) — Near 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:5316 Mst Golf group Bhd XKLS:5316
54 GF Score
Price RM0.13
GF Value RM0.21
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Mst Golf group Bhd Equity-to-Asset?

Mst Golf group Bhd XKLS:5316 +4.00% 54 Equity-to-Asset is 0.59 as of Jun. 2026, which is 4% above its 10-year median of 0.57. GuruFocus rates XKLS:5316 with a GF Score™ of 54/100 and a GF Value™ of RM0.21 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Mst Golf group Bhd ranks better than 70.76% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mst Golf group Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM208.9 Mil. Mst Golf group Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM355.6 Mil. Therefore, Mst Golf group Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.59.

The historical rank and industry rank for Mst Golf group Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:5316' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.57   Max: 0.63
Current: 0.59

During the past 7 years, the highest Equity to Asset Ratio of Mst Golf group Bhd was 0.63. The lowest was 0.15. And the median was 0.57.

XKLS:5316's Equity-to-Asset is ranked better than
70.76% of 1132 companies
in the Retail - Cyclical industry
Industry Median: 0.445 vs XKLS:5316: 0.59

Mst Golf group Bhd  (XKLS:5316) 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%.


Mst Golf group Bhd Equity-to-Asset Related Terms


Mst Golf group Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mst Golf group 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.

Mst Golf group Bhd Equity-to-Asset Chart

Mst Golf group Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.21 0.37 0.58 0.58 0.63

Mst Golf group Bhd Quarterly Data
Dec19 Dec20 Dec21 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 0.59 0.61 0.63 0.60 0.59

XKLS:5316 vs CASY, WSM, ULTA: Equity-to-Asset Comparison

For the Specialty Retail subindustry, Mst Golf 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.


Mst Golf group Bhd Equity-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mst Golf group Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mst Golf group Bhd's Equity-to-Asset falls into.


XKLS:5316
54GF Score
Mst Golf group Bhd XKLS:5316
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mst Golf 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.

Mst Golf group 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
=215.258/340.524
=0.63

Mst Golf group 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
=208.909/355.63
=0.59

* 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 0.59 mean?
Mst Golf group Bhd (XKLS:5316) has a Equity-to-Asset of 0.59 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mst Golf group Bhd and its competitors. This is near median its historical median of 0.57. Over the past decade, Mst Golf group Bhd's Equity-to-Asset has ranged from 0.15 to 0.63. According to the industry distribution chart, Mst Golf group Bhd ranks #331 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 29.2%.
Is Mst Golf group Bhd's Equity-to-Asset too high?
Mst Golf group Bhd's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.63. The Retail - Cyclical industry median Equity-to-Asset is 0.45. Mst Golf group Bhd's value of 0.59 is 32.6% above this industry median. Based on the distribution chart, Mst Golf group Bhd ranks #331 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Mst Golf group Bhd has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mst Golf group Bhd's Equity-to-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mst Golf group Bhd ranks #331 out of 1132 companies for Equity-to-Asset. This puts Mst Golf group Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.45. Mst Golf group Bhd's value of 0.59 is 32.6% above this benchmark. Historically, Mst Golf group Bhd's own Equity-to-Asset has ranged from 0.15 to 0.63 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.45, Mst Golf 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 Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.45, based on 1,132 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. Mst Golf group Bhd's current Equity-to-Asset of 0.59 is 32.6% 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 Mst Golf group Bhd and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mst Golf group Bhd's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mst Golf group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mst Golf group Bhd (XKLS:5316) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.13 — trading 38.1% below its estimated fair value. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.57 and 32.6% above the Retail - Cyclical industry median of 0.45. Mst Golf group Bhd's overall GF Score™ is 54/100 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 Mst Golf group Bhd (XKLS:5316), the current Equity-to-Asset is 0.59 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 Mst Golf group Bhd (XKLS:5316) Overvalued in 2026?

Based on GuruFocus' analysis, Mst Golf group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 38.1% below its estimated GF Value™ of RM0.21. GuruFocus considers Mst Golf group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5316:

  • Equity-to-Asset: 0.59 (near median its 10-year median of 0.57)
  • GF Value™: RM0.21 vs. price of RM0.13 (38.1% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 32.6% above the Retail - Cyclical median (#331 of 1132)

No single metric tells the full story. See the XKLS:5316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mst Golf group Bhd Business Description

Address No. 8, Jalan SS 13/5, MST Golf Plaza, Subang Jaya, SGR, MYS, 47500
Mst Golf group Bhd is a golf retailer and service provider, with stores across Malaysia, Singapore and Indonesia. The company offers a selection of golf brands across equipment, apparel, footwear and accessories. Its segments include Trading engaged in operations and management of retail stores in Malaysia, Singapore and Indonesia, including the wholesales, export and e-commerce business; Golf Services been involved in operations and management of golf academy, indoor golf and events; and Others engaged in investment holding. It derives the majority of its revenue from the Trading segment.
54GF Score

Get the complete analysis for XKLS:5316

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

RM0.13
Price
RM0.21
GF Value