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Artroniq BhdXKLS:0038 32 Return-on-Tangible-Equity is -8.98% as of Mar. 2026. GuruFocus rates XKLS:0038 with a GF Score™ of 32/100 and a GF Value™ of RM0.05 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,385 Hardware companies, Artroniq Bhd ranks worse than 85.41% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Artroniq Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-4.36 Mil. Artroniq Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM48.56 Mil. Therefore, Artroniq Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -8.98%.
The historical rank and industry rank for Artroniq Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0038'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -64.16 Med: -4.79 Max: 30.43
Current: -14.86
During the past 13 years, Artroniq Bhd's highest Return-on-Tangible-Equity was 30.43%. The lowest was -64.16%. And the median was -4.79%.
XKLS:0038's Return-on-Tangible-Equity is ranked worse than 85.41% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs XKLS:0038: -14.86
Artroniq Bhd (XKLS:0038) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Artroniq Bhd Return-on-Tangible-Equity Related Terms
Artroniq Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Artroniq Bhd's Return-on-Tangible-Equity 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:0038 vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Artroniq Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Artroniq Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Artroniq Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Artroniq Bhd's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -8.98% mean?
Artroniq Bhd (XKLS:0038) has a Return-on-Tangible-Equity of -8.98% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Artroniq Bhd and its competitors. According to the industry distribution chart, Artroniq Bhd ranks #2037 out of 2385 companies in the Hardware industry, placing it in the top 85.4%.
Is Artroniq Bhd's Return-on-Tangible-Equity too high?
Artroniq Bhd's current Return-on-Tangible-Equity is -8.98%. Based on the distribution chart, Artroniq Bhd ranks #2037 out of 2385 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Artroniq Bhd has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Artroniq Bhd's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Artroniq Bhd ranks #2037 out of 2385 companies for Return-on-Tangible-Equity. This places Artroniq Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Artroniq Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artroniq Bhd's current Return-on-Tangible-Equity is -8.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artroniq Bhd stock overvalued right now?
Based on GuruFocus' analysis, Artroniq Bhd (XKLS:0038) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.13 — trading 150% above its estimated fair value. The current Return-on-Tangible-Equity is -8.98%. Artroniq Bhd's overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Artroniq Bhd (XKLS:0038), the current Return-on-Tangible-Equity is -8.98% 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 Artroniq Bhd (XKLS:0038) Overvalued in 2026?
Based on GuruFocus' analysis, Artroniq Bhd stock appears to be overvalued.
The current stock price of RM0.13 is trading 150% above its estimated GF Value™ of RM0.05.
GuruFocus considers Artroniq Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0038:
Return-on-Tangible-Equity: -8.98%
GF Value™: RM0.05 vs. price of RM0.13 (150% above fair value)
No single metric tells the full story. See the XKLS:0038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology (ICT) products; ICT-related services; Management services; and Semiconductor. It generates maximum revenue from the Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.
32GF Score
Get the complete analysis for XKLS:0038
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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