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Kobay Technology BhdXKLS:6971 +4.91%68 Equity-to-Asset is 0.56 as of Mar. 2026, which is 18% below its 10-year median of 0.68. GuruFocus rates XKLS:6971 with a GF Score™ of 68/100 and a GF Value™ of RM1.90 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,085 Industrial Products companies, Kobay Technology Bhd ranks better than 50.24% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kobay Technology Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM395.9 Mil. Kobay Technology Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM709.9 Mil.
Therefore, Kobay Technology Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.56.
The historical rank and industry rank for Kobay Technology Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:6971'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55 Med: 0.68 Max: 0.78
Current: 0.56
During the past 13 years, the highest Equity to Asset Ratio of Kobay Technology Bhd was 0.78. The lowest was 0.55. And the median was 0.68.
XKLS:6971's Equity-to-Asset is ranked better than 50.24% of 3085
companies
in the Industrial Products industry
Industry Median: 0.56
vs XKLS:6971: 0.56
Kobay Technology Bhd (XKLS:6971) 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%.
Kobay Technology Bhd Equity-to-Asset Related Terms
Kobay Technology Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Kobay Technology 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:6971 vs CRS, ATI, MLI: Equity-to-Asset Comparison
For the Metal Fabrication subindustry, Kobay Technology 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.
Kobay Technology Bhd Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kobay Technology 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.
Kobay Technology Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Kobay Technology Bhd (XKLS:6971) has a Equity-to-Asset of 0.56 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kobay Technology Bhd and its competitors. This is 18% below median its historical median of 0.68. Over the past decade, Kobay Technology Bhd's Equity-to-Asset has ranged from 0.55 to 0.78. According to the industry distribution chart, Kobay Technology Bhd ranks #1535 out of 3085 companies in the Industrial Products industry, placing it in the top 49.8%.
Is Kobay Technology Bhd's Equity-to-Asset too high?
Kobay Technology Bhd's current Equity-to-Asset of 0.56 is 18% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.78. The Industrial Products industry median Equity-to-Asset is 0.56. Kobay Technology Bhd's value of 0.56 is 0% at this industry median. Based on the distribution chart, Kobay Technology Bhd ranks #1535 out of 3085 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kobay Technology Bhd has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's Equity-to-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Kobay Technology Bhd ranks #1535 out of 3085 companies for Equity-to-Asset. This puts Kobay Technology Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Kobay Technology Bhd's value of 0.56 is 0% at this benchmark. Historically, Kobay Technology Bhd's own Equity-to-Asset has ranged from 0.55 to 0.78 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.56, Kobay Technology Bhd has consistently been at 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 3,085 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. Kobay Technology Bhd's current Equity-to-Asset of 0.56 is 0% at 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 Kobay Technology 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. Kobay Technology Bhd's current Equity-to-Asset is 0.56, which is 18% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.90, compared to a current price of RM2.35 — trading 23.7% above its estimated fair value. The current Equity-to-Asset is 0.56, which is 18% below median its 10-year median of 0.68 and 0% at the Industrial Products industry median of 0.56. Kobay Technology Bhd's overall GF Score™ is 68/100 with 5 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 Kobay Technology Bhd (XKLS:6971), the current Equity-to-Asset is 0.56 as of Mar. 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?
Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued.
The current stock price of RM2.35 is trading 23.7% above its estimated GF Value™ of RM1.90.
GuruFocus considers Kobay Technology Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:6971:
Equity-to-Asset: 0.56 (18% below median its 10-year median of 0.68)
GF Value™: RM1.90 vs. price of RM2.35 (23.7% above fair value)
Industry Position: 0% at the Industrial Products median (#1535 of 3085)
No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
68GF Score
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