MyTech Group Bhd (XKLS:7692) Equity-to-Asset: 0.97 (As of Mar. 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:7692 MyTech Group Bhd XKLS:7692
51 GF Score
Price RM0.26
GF Value RM0.49
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is MyTech Group Bhd Equity-to-Asset?

MyTech Group Bhd XKLS:7692 -3.70% 51 Equity-to-Asset is 0.97 as of Mar. 2026, which is 5% above its 10-year median of 0.92. GuruFocus rates XKLS:7692 with a GF Score™ of 51/100 and a GF Value™ of RM0.49 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,088 Industrial Products companies, MyTech Group Bhd ranks better than 99.16% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MyTech Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM54.53 Mil. MyTech Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM56.42 Mil. Therefore, MyTech Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.97.

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

XKLS:7692' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88   Med: 0.92   Max: 0.97
Current: 0.97

During the past 13 years, the highest Equity to Asset Ratio of MyTech Group Bhd was 0.97. The lowest was 0.88. And the median was 0.92.

XKLS:7692's Equity-to-Asset is ranked better than
99.16% of 3088 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:7692: 0.97

MyTech Group Bhd  (XKLS:7692) 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%.


MyTech Group Bhd Equity-to-Asset Related Terms


MyTech Group Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for MyTech 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.

MyTech Group Bhd Equity-to-Asset Chart

MyTech Group Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.93 0.96 0.96 0.97

MyTech Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.96 0.97 0.97 0.97 0.97

XKLS:7692 vs SNA, RBC, LECO: Equity-to-Asset Comparison

For the Tools & Accessories subindustry, MyTech 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.


MyTech Group Bhd Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MyTech Group Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MyTech Group Bhd's Equity-to-Asset falls into.


XKLS:7692
51GF Score
MyTech Group Bhd XKLS:7692
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MyTech 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.

MyTech Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=54.53/56.415
=0.97

MyTech Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=54.53/56.415
=0.97

* 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 0.97 mean?
MyTech Group Bhd (XKLS:7692) has a Equity-to-Asset of 0.97 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MyTech Group Bhd and its competitors. This is near median its historical median of 0.92. Over the past decade, MyTech Group Bhd's Equity-to-Asset has ranged from 0.88 to 0.97. According to the industry distribution chart, MyTech Group Bhd ranks #26 out of 3088 companies in the Industrial Products industry, placing it in the top 0.8%.
Is MyTech Group Bhd's Equity-to-Asset too high?
MyTech Group Bhd's current Equity-to-Asset of 0.97 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 0.97. The Industrial Products industry median Equity-to-Asset is 0.56. MyTech Group Bhd's value of 0.97 is 73.2% above this industry median. Based on the distribution chart, MyTech Group Bhd ranks #26 out of 3088 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MyTech Group Bhd has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MyTech Group Bhd's Equity-to-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MyTech Group Bhd ranks #26 out of 3088 companies for Equity-to-Asset. This places MyTech Group Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. MyTech Group Bhd's value of 0.97 is 73.2% above this benchmark. Historically, MyTech Group Bhd's own Equity-to-Asset has ranged from 0.88 to 0.97 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.56, MyTech 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 an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,088 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. MyTech Group Bhd's current Equity-to-Asset of 0.97 is 73.2% 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 MyTech Group 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. MyTech Group Bhd's current Equity-to-Asset is 0.97, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MyTech Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, MyTech Group Bhd (XKLS:7692) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.49, compared to a current price of RM0.26 — trading 46.9% below its estimated fair value. The current Equity-to-Asset is 0.97, which is near median its 10-year median of 0.92 and 73.2% above the Industrial Products industry median of 0.56. MyTech Group Bhd's overall GF Score™ is 51/100 with 2 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 MyTech Group Bhd (XKLS:7692), the current Equity-to-Asset is 0.97 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 MyTech Group Bhd (XKLS:7692) Overvalued in 2026?

Based on GuruFocus' analysis, MyTech Group Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 46.9% below its estimated GF Value™ of RM0.49. GuruFocus considers MyTech Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7692:

  • Equity-to-Asset: 0.97 (near median its 10-year median of 0.92)
  • GF Value™: RM0.49 vs. price of RM0.26 (46.9% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 73.2% above the Industrial Products median (#26 of 3088)

No single metric tells the full story. See the XKLS:7692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MyTech Group Bhd Business Description

Address No. 2, Jalan Solaris, K-09-01, Block K, Solaris Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
MyTech Group Bhd is principally engaged as an investment holding company through moneylending activity and insurance agency, provision of management services, and rental of properties. It has three operating segments: Manufacturing: involves the manufacturing of precision springs: Hotel involves hotel operations, Financing: involves provision of financing services; and Others which include investment holding, provision of management services, provision of financing services, and rental of properties. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia.
51GF Score

Get the complete analysis for XKLS:7692

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

RM0.26
Price
RM0.49
GF Value