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Wavefront BhdXKLS:8176 -3.45%43 Equity-to-Asset is 0.67 as of Jun. 2026, which is 34% above its 10-year median of 0.50. GuruFocus rates XKLS:8176 with a GF Score™ of 43/100 and a GF Value™ of RM0.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,494 Hardware companies, Wavefront Bhd ranks better than 69.69% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wavefront Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM364.4 Mil. Wavefront Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM542.4 Mil.
Therefore, Wavefront Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.67.
The historical rank and industry rank for Wavefront Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:8176'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.5 Max: 0.7
Current: 0.67
During the past 13 years, the highest Equity to Asset Ratio of Wavefront Bhd was 0.70. The lowest was 0.27. And the median was 0.50.
XKLS:8176's Equity-to-Asset is ranked better than 69.69% of 2494
companies
in the Hardware industry
Industry Median: 0.56
vs XKLS:8176: 0.67
Wavefront Bhd (XKLS:8176) 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%.
Wavefront Bhd Equity-to-Asset Related Terms
Wavefront Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Wavefront 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:8176 vs APH, GLW, TEL: Equity-to-Asset Comparison
For the Electronic Components subindustry, Wavefront 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.
Wavefront Bhd Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Wavefront Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Wavefront 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.
Wavefront 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.
Wavefront Bhd (XKLS:8176) has a Equity-to-Asset of 0.67 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wavefront Bhd and its competitors. This is 34% above median its historical median of 0.50. Over the past decade, Wavefront Bhd's Equity-to-Asset has ranged from 0.27 to 0.70. According to the industry distribution chart, Wavefront Bhd ranks #756 out of 2494 companies in the Hardware industry, placing it in the top 30.3%.
Is Wavefront Bhd's Equity-to-Asset too high?
Wavefront Bhd's current Equity-to-Asset of 0.67 is 34% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.70. The Hardware industry median Equity-to-Asset is 0.56. Wavefront Bhd's value of 0.67 is 19.6% above this industry median. Based on the distribution chart, Wavefront Bhd ranks #756 out of 2494 companies in the Hardware industry, which is above the industry midpoint. Overall, Wavefront Bhd has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wavefront Bhd's Equity-to-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Wavefront Bhd ranks #756 out of 2494 companies for Equity-to-Asset. This puts Wavefront Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Wavefront Bhd's value of 0.67 is 19.6% above this benchmark. Historically, Wavefront Bhd's own Equity-to-Asset has ranged from 0.27 to 0.70 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.56, Wavefront 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. Wavefront Bhd's current Equity-to-Asset of 0.67 is 19.6% 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 Wavefront 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. Wavefront Bhd's current Equity-to-Asset is 0.67, which is 34% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wavefront Bhd (XKLS:8176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.14 — trading 36.4% below its estimated fair value. The current Equity-to-Asset is 0.67, which is 34% above median its 10-year median of 0.50 and 19.6% above the Hardware industry median of 0.56. Wavefront Bhd's overall GF Score™ is 43/100 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 Wavefront Bhd (XKLS:8176), the current Equity-to-Asset is 0.67 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 Wavefront Bhd (XKLS:8176) Overvalued in 2026?
Based on GuruFocus' analysis, Wavefront Bhd stock appears to be undervalued.
The current stock price of RM0.14 is trading 36.4% below its estimated GF Value™ of RM0.22.
GuruFocus considers Wavefront Bhd to be Possible Value Trap.
Key valuation signals for XKLS:8176:
Equity-to-Asset: 0.67 (34% above median its 10-year median of 0.50)
GF Value™: RM0.22 vs. price of RM0.14 (36.4% below fair value)
Industry Position: 19.6% above the Hardware median (#756 of 2494)
No single metric tells the full story. See the XKLS:8176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wavefront Bhd is an investment holding company. The company is principally involved in the manufacturing and sales of precision plastic injection moulded parts, secondary process, sub-assembly, and full assembly of the finished products for the electronic industry, and is predominantly carried out in Malaysia.
43GF Score
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