Harvest Miracle Capital BhdXKLS:0060 36 Return-on-Tangible-Equity is 1.94% as of Mar. 2026, which is 120% above its 10-year median of 0.88. GuruFocus rates XKLS:0060 with a GF Score™ of 36/100 and a GF Value™ of RM0.15 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,476 Software companies, Harvest Miracle Capital Bhd ranks worse than 65.47% 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. Harvest Miracle Capital Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM8.7 Mil. Harvest Miracle Capital Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM448.9 Mil. Therefore, Harvest Miracle Capital Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.94%.
The historical rank and industry rank for Harvest Miracle Capital Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0060'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.49 Med: 0.88 Max: 2.54
Current: 0.95
During the past 13 years, Harvest Miracle Capital Bhd's highest Return-on-Tangible-Equity was 2.54%. The lowest was -13.49%. And the median was 0.88%.
XKLS:0060's Return-on-Tangible-Equity is ranked worse than 65.47% of 2476
companies
in the Software industry
Industry Median: 8.82
vs XKLS:0060: 0.95
Harvest Miracle Capital Bhd (XKLS:0060) 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.
Harvest Miracle Capital Bhd Return-on-Tangible-Equity Related Terms
Harvest Miracle Capital Bhd Return-on-Tangible-Equity Historical Data
* 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.
Harvest Miracle Capital Bhd Return-on-Tangible-Equity Chart
XKLS:0060 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Harvest Miracle Capital 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.
Harvest Miracle Capital Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Harvest Miracle Capital Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Harvest Miracle Capital 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 1.94% mean?
Harvest Miracle Capital Bhd (XKLS:0060) has a Return-on-Tangible-Equity of 1.94% 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 Harvest Miracle Capital Bhd and its competitors. This is 120% above median its historical median of 0.88. According to the industry distribution chart, Harvest Miracle Capital Bhd ranks #1621 out of 2476 companies in the Software industry, placing it in the top 65.5%.
Is Harvest Miracle Capital Bhd's Return-on-Tangible-Equity too high?
Harvest Miracle Capital Bhd's current Return-on-Tangible-Equity of 1.94% is 120% above median its 10-year median of 0.88. The Software industry median Return-on-Tangible-Equity is 8.82. Harvest Miracle Capital Bhd's value of 1.94% is 78% below this industry median. Based on the distribution chart, Harvest Miracle Capital Bhd ranks #1621 out of 2476 companies in the Software industry, which is below the industry midpoint. Overall, Harvest Miracle Capital Bhd has a GF Score™ of 36/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harvest Miracle Capital Bhd's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Harvest Miracle Capital Bhd ranks #1621 out of 2476 companies for Return-on-Tangible-Equity. This places Harvest Miracle Capital Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Harvest Miracle Capital Bhd's value of 1.94% is 78% below this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 8.82, Harvest Miracle Capital Bhd has consistently been below 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,476 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. Harvest Miracle Capital Bhd's current Return-on-Tangible-Equity of 1.94% is 78% below 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-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 Harvest Miracle Capital Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvest Miracle Capital Bhd's current Return-on-Tangible-Equity is 1.94%, which is 120% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvest Miracle Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harvest Miracle Capital Bhd (XKLS:0060) is currently considered Fairly Valued. The stock's GF Value™ is RM0.15, compared to a current price of RM0.14 — trading 6.7% below its estimated fair value. The current Return-on-Tangible-Equity is 1.94%, which is 120% above median its 10-year median of 0.88 and 78% below the Software industry median of 8.82. Harvest Miracle Capital Bhd's overall GF Score™ is 36/100 with 5 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 Harvest Miracle Capital Bhd (XKLS:0060), the current Return-on-Tangible-Equity is 1.94% 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 Harvest Miracle Capital Bhd (XKLS:0060) Overvalued in 2026?
Based on GuruFocus' analysis, Harvest Miracle Capital Bhd stock appears to be undervalued.
The current stock price of RM0.14 is trading 6.7% below its estimated GF Value™ of RM0.15.
GuruFocus considers Harvest Miracle Capital Bhd to be Fairly Valued.
Key valuation signals for XKLS:0060:
Return-on-Tangible-Equity: 1.94% (120% above median its 10-year median of 0.88)
GF Value™: RM0.15 vs. price of RM0.14 (6.7% below fair value)
Industry Position: 78% below the Software median (#1621 of 2476)
No single metric tells the full story. See the XKLS:0060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harvest Miracle Capital Bhd is an investment holding company. It operates in eight segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, Trading of Building Material , Manufacturing, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products software development and support services and others. Its product categories include the Vacuum vald ve and Rupture Disk. Geographically, it operates in Malaysia, Japan, United Kingdom, Singapore, Australia, Philippines and Taiwan.
36GF Score
Get the complete analysis for XKLS:0060
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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