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V.S Industry BhdXKLS:6963 -2.17%46 Equity-to-Asset is 0.61 as of Apr. 2026, which is 11% above its 10-year median of 0.55. GuruFocus rates XKLS:6963 with a GF Score™ of 46/100 and a GF Value™ of RM0.72 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,500 Hardware companies, V.S Industry Bhd ranks better than 58.68% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. V.S Industry Bhd's Total Stockholders Equity for the quarter that ended in Apr. 2026 was RM2,044 Mil. V.S Industry Bhd's Total Assets for the quarter that ended in Apr. 2026 was RM3,376 Mil.
Therefore, V.S Industry Bhd's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.61.
The historical rank and industry rank for V.S Industry Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:6963'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.55 Max: 0.62
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of V.S Industry Bhd was 0.62. The lowest was 0.37. And the median was 0.55.
XKLS:6963's Equity-to-Asset is ranked better than 58.68% of 2500
companies
in the Hardware industry
Industry Median: 0.56
vs XKLS:6963: 0.61
V.S Industry Bhd (XKLS:6963) 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%.
V.S Industry Bhd Equity-to-Asset Related Terms
V.S Industry Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for V.S Industry 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:6963 vs APH, GLW, TEL: Equity-to-Asset Comparison
For the Electronic Components subindustry, V.S Industry 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.
V.S Industry Bhd Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, V.S Industry Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where V.S Industry 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.
V.S Industry Bhd's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
V.S Industry Bhd (XKLS:6963) has a Equity-to-Asset of 0.61 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on V.S Industry Bhd and its competitors. This is 11% above median its historical median of 0.55. Over the past decade, V.S Industry Bhd's Equity-to-Asset has ranged from 0.37 to 0.62. According to the industry distribution chart, V.S Industry Bhd ranks #1033 out of 2500 companies in the Hardware industry, placing it in the top 41.3%.
Is V.S Industry Bhd's Equity-to-Asset too high?
V.S Industry Bhd's current Equity-to-Asset of 0.61 is 11% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.62. The Hardware industry median Equity-to-Asset is 0.56. V.S Industry Bhd's value of 0.61 is 8.9% above this industry median. Based on the distribution chart, V.S Industry Bhd ranks #1033 out of 2500 companies in the Hardware industry, which is above the industry midpoint. Overall, V.S Industry Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does V.S Industry Bhd's Equity-to-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, V.S Industry Bhd ranks #1033 out of 2500 companies for Equity-to-Asset. This puts V.S Industry Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.56. V.S Industry Bhd's value of 0.61 is 8.9% above this benchmark. Historically, V.S Industry Bhd's own Equity-to-Asset has ranged from 0.37 to 0.62 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.56, V.S Industry 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 2,500 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. V.S Industry Bhd's current Equity-to-Asset of 0.61 is 8.9% 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 V.S Industry 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. V.S Industry Bhd's current Equity-to-Asset is 0.61, which is 11% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.S Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, V.S Industry Bhd (XKLS:6963) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.72, compared to a current price of RM0.23 — trading 68.8% below its estimated fair value. The current Equity-to-Asset is 0.61, which is 11% above median its 10-year median of 0.55 and 8.9% above the Hardware industry median of 0.56. V.S Industry Bhd's overall GF Score™ is 46/100 with 6 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 V.S Industry Bhd (XKLS:6963), the current Equity-to-Asset is 0.61 as of Apr. 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 V.S Industry Bhd (XKLS:6963) Overvalued in 2026?
Based on GuruFocus' analysis, V.S Industry Bhd stock appears to be undervalued.
The current stock price of RM0.23 is trading 68.8% below its estimated GF Value™ of RM0.72.
GuruFocus considers V.S Industry Bhd to be Possible Value Trap.
Key valuation signals for XKLS:6963:
Equity-to-Asset: 0.61 (11% above median its 10-year median of 0.55)
GF Value™: RM0.72 vs. price of RM0.23 (68.8% below fair value)
Industry Position: 8.9% above the Hardware median (#1033 of 2500)
No single metric tells the full story. See the XKLS:6963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V.S Industry Bhd is engaged in the manufacturing, assembling and sale of electronic and electrical products and plastic moulded components and parts, and operates as an Electronics Manufacturing Services (EMS) provider. Its manufacturing services include plastic injection mould design and moulding, printed circuit board production, automated assembly, and packaging and logistics. The Group operates in two segments: Malaysia, covering manufacturing, assembling and sales based in Malaysia with branches in Singapore and the Philippines; and Indonesia, involving assembly, sales and injection moulding activities. Geographically, the Group derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Singapore, the PRC, and other regions.
46GF Score
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