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M & A Equity Holdings BhdXKLS:7082 27 Return-on-Tangible-Asset is 4.25% as of Mar. 2026, which is 283% above its 10-year median of 1.11. GuruFocus rates XKLS:7082 with a GF Score™ of 27/100 and a GF Value™ of RM0.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 816 Capital Markets companies, M & A Equity Holdings Bhd ranks better than 70.59% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. M & A Equity Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM20.67 Mil. M & A Equity Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM486.18 Mil. Therefore, M & A Equity Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.25%.
The historical rank and industry rank for M & A Equity Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7082'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.78 Med: 1.11 Max: 7.95
Current: 4.37
During the past 13 years, M & A Equity Holdings Bhd's highest Return-on-Tangible-Asset was 7.95%. The lowest was -10.78%. And the median was 1.11%.
XKLS:7082's Return-on-Tangible-Asset is ranked better than 70.59% of 816
companies
in the Capital Markets industry
Industry Median: 1.545
vs XKLS:7082: 4.37
M & A Equity Holdings Bhd (XKLS:7082) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
M & A Equity Holdings Bhd Return-on-Tangible-Asset Related Terms
M & A Equity Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for M & A Equity Holdings Bhd's Return-on-Tangible-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.
M & A Equity Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:7082 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, M & A Equity Holdings Bhd's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
M & A Equity Holdings Bhd Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, M & A Equity Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where M & A Equity Holdings Bhd's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.25% mean?
M & A Equity Holdings Bhd (XKLS:7082) has a Return-on-Tangible-Asset of 4.25% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on M & A Equity Holdings Bhd and its competitors. This is 283% above median its historical median of 1.11. According to the industry distribution chart, M & A Equity Holdings Bhd ranks #240 out of 816 companies in the Capital Markets industry, placing it in the top 29.4%.
Is M & A Equity Holdings Bhd's Return-on-Tangible-Asset too high?
M & A Equity Holdings Bhd's current Return-on-Tangible-Asset of 4.25% is 283% above median its 10-year median of 1.11. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. M & A Equity Holdings Bhd's value of 4.25% is 175.1% above this industry median. Based on the distribution chart, M & A Equity Holdings Bhd ranks #240 out of 816 companies in the Capital Markets industry, which is above the industry midpoint. Overall, M & A Equity Holdings Bhd has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M & A Equity Holdings Bhd's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, M & A Equity Holdings Bhd ranks #240 out of 816 companies for Return-on-Tangible-Asset. This puts M & A Equity Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.55. M & A Equity Holdings Bhd's value of 4.25% is 175.1% above this benchmark. While the company's 10-year median is 1.11 vs. the industry median of 1.55, M & A Equity Holdings 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 Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M & A Equity Holdings Bhd's current Return-on-Tangible-Asset of 4.25% is 175.1% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on M & A Equity Holdings Bhd and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M & A Equity Holdings Bhd's current Return-on-Tangible-Asset is 4.25%, which is 283% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & A Equity Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, M & A Equity Holdings Bhd (XKLS:7082) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.19 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.25%, which is 283% above median its 10-year median of 1.11 and 175.1% above the Capital Markets industry median of 1.55. M & A Equity Holdings Bhd's overall GF Score™ is 27/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For M & A Equity Holdings Bhd (XKLS:7082), the current Return-on-Tangible-Asset is 4.25% 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 M & A Equity Holdings Bhd (XKLS:7082) Overvalued in 2026?
Based on GuruFocus' analysis, M & A Equity Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.19 is trading 13.6% below its estimated GF Value™ of RM0.22.
GuruFocus considers M & A Equity Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7082:
Return-on-Tangible-Asset: 4.25% (283% above median its 10-year median of 1.11)
GF Value™: RM0.22 vs. price of RM0.19 (13.6% below fair value)
Industry Position: 175.1% above the Capital Markets median (#240 of 816)
No single metric tells the full story. See the XKLS:7082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M & A Equity Holdings Bhd is an investment holding company. The company operates in three business segments: (i) Provision of stockbroking services, corporate finance advisory services, money lending services and fund management services ('Financial Services') (ii) Property Investment and Development (iii) Investment Holding. The company generates the majority of the revenue from the Financial Services segment in the form of Interest income, Brokerage commissions, Sales charges, Corporate finance advisory fees, Management fees, Performance fees, and Exit fees. The Property investment and development segment includes property development and property holding and investments. The investment holding segment includes investment holding and provision of management services activities.
27GF Score
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