Mah Sing Group Bhd (XKLS:8583) Equity-to-Asset: 0.51 (As of Jun. 2026) — 16% Below 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:8583 Mah Sing Group Bhd XKLS:8583
83 GF Score
Price RM1.12
GF Value RM1.13
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mah Sing Group Bhd Equity-to-Asset?

Mah Sing Group Bhd XKLS:8583 -1.75% 83 Equity-to-Asset is 0.51 as of Jun. 2026, which is 16% below its 10-year median of 0.61. GuruFocus rates XKLS:8583 with a GF Score™ of 83/100 and a GF Value™ of RM1.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,801 Real Estate companies, Mah Sing Group Bhd ranks better than 60.41% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mah Sing Group Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM4,079 Mil. Mah Sing Group Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM8,036 Mil. Therefore, Mah Sing Group Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.51.

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

XKLS:8583' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.61   Max: 0.73
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Mah Sing Group Bhd was 0.73. The lowest was 0.50. And the median was 0.61.

XKLS:8583's Equity-to-Asset is ranked better than
60.41% of 1801 companies
in the Real Estate industry
Industry Median: 0.44 vs XKLS:8583: 0.51

Mah Sing Group Bhd  (XKLS:8583) 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%.


Mah Sing Group Bhd Equity-to-Asset Related Terms


Mah Sing Group Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mah Sing 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.

Mah Sing Group Bhd Equity-to-Asset Chart

Mah Sing Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.56 0.58 0.52 0.51

Mah Sing Group Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only 0.54 0.53 0.51 0.50 0.51

Mah Sing Group Bhd Equity-to-Asset Competitor Comparison

For the Real Estate - Development subindustry, Mah Sing 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.


Mah Sing Group Bhd Equity-to-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's Equity-to-Asset distribution charts can be found below:

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


XKLS:8583
83GF Score
Mah Sing Group Bhd XKLS:8583
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mah Sing 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.

Mah Sing 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
=4068.827/8062.693
=0.50

Mah Sing 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
=4079.044/8036.458
=0.51

* 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 0.51 mean?
Mah Sing Group Bhd (XKLS:8583) has a Equity-to-Asset of 0.51 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mah Sing Group Bhd and its competitors. This is 16% below median its historical median of 0.61. Over the past decade, Mah Sing Group Bhd's Equity-to-Asset has ranged from 0.50 to 0.73. According to the industry distribution chart, Mah Sing Group Bhd ranks #713 out of 1801 companies in the Real Estate industry, placing it in the top 39.6%.
Is Mah Sing Group Bhd's Equity-to-Asset too high?
Mah Sing Group Bhd's current Equity-to-Asset of 0.51 is 16% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.73. The Real Estate industry median Equity-to-Asset is 0.44. Mah Sing Group Bhd's value of 0.51 is 15.9% above this industry median. Based on the distribution chart, Mah Sing Group Bhd ranks #713 out of 1801 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mah Sing Group Bhd has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mah Sing Group Bhd's Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, Mah Sing Group Bhd ranks #713 out of 1801 companies for Equity-to-Asset. This puts Mah Sing Group Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.44. Mah Sing Group Bhd's value of 0.51 is 15.9% above this benchmark. Historically, Mah Sing Group Bhd's own Equity-to-Asset has ranged from 0.50 to 0.73 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.44, Mah Sing 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 Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.44, based on 1,801 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. Mah Sing Group Bhd's current Equity-to-Asset of 0.51 is 15.9% 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 Mah Sing Group Bhd and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mah Sing Group Bhd's current Equity-to-Asset is 0.51, which is 16% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mah Sing Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mah Sing Group Bhd (XKLS:8583) is currently considered Fairly Valued. The stock's GF Value™ is RM1.13, compared to a current price of RM1.12 — trading 0.9% below its estimated fair value. The current Equity-to-Asset is 0.51, which is 16% below median its 10-year median of 0.61 and 15.9% above the Real Estate industry median of 0.44. Mah Sing Group Bhd's overall GF Score™ is 83/100 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 Mah Sing Group Bhd (XKLS:8583), the current Equity-to-Asset is 0.51 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 Mah Sing Group Bhd (XKLS:8583) Overvalued in 2026?

Based on GuruFocus' analysis, Mah Sing Group Bhd stock appears to be undervalued. The current stock price of RM1.12 is trading 0.9% below its estimated GF Value™ of RM1.13. GuruFocus considers Mah Sing Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:8583:

  • Equity-to-Asset: 0.51 (16% below median its 10-year median of 0.61)
  • GF Value™: RM1.13 vs. price of RM1.12 (0.9% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 15.9% above the Real Estate median (#713 of 1801)

No single metric tells the full story. See the XKLS:8583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mah Sing Group Bhd Business Description

Address No. 163, Jalan Sungai Besi, Penthouse Suite 1, Wisma Mah Sing, Kuala Lumpur, SGR, MYS, 57100
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The Property segment, which accounts for the majority of the company's revenue, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trades a range of plastic molded products and gloves. The Investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. Geographically, it derives maximum revenue from Malaysia, followed by Indonesia, Singapore, Thailand, Philippines, United States, Australia, and other countries.
83GF Score

Get the complete analysis for XKLS:8583

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

RM1.12
Price
RM1.13
GF Value