YGL Convergence BhdXKLS:0086 Return-on-Tangible-Equity is -20.01% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 2,379 Hardware companies, YGL Convergence Bhd ranks worse than 85.83% 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. YGL Convergence Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-2.62 Mil. YGL Convergence Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM13.07 Mil. Therefore, YGL Convergence Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -20.01%.
The historical rank and industry rank for YGL Convergence Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0086'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -36.2 Med: -3.62 Max: 5.51
Current: -15.76
During the past 13 years, YGL Convergence Bhd's highest Return-on-Tangible-Equity was 5.51%. The lowest was -36.20%. And the median was -3.62%.
XKLS:0086's Return-on-Tangible-Equity is ranked worse than 85.83% of 2379
companies
in the Hardware industry
Industry Median: 5.28
vs XKLS:0086: -15.76
YGL Convergence Bhd (XKLS:0086) 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.
YGL Convergence Bhd Return-on-Tangible-Equity Related Terms
YGL Convergence Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for YGL Convergence 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.
YGL Convergence Bhd Return-on-Tangible-Equity Chart
XKLS:0086 vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, YGL Convergence 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.
YGL Convergence Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, YGL Convergence Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where YGL Convergence 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 -20.01% mean?
YGL Convergence Bhd (XKLS:0086) has a Return-on-Tangible-Equity of -20.01% 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 YGL Convergence Bhd and its competitors. According to the industry distribution chart, YGL Convergence Bhd ranks #2042 out of 2379 companies in the Hardware industry, placing it in the top 85.8%.
Is YGL Convergence Bhd's Return-on-Tangible-Equity too high?
YGL Convergence Bhd's current Return-on-Tangible-Equity is -20.01%. Based on the distribution chart, YGL Convergence Bhd ranks #2042 out of 2379 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does YGL Convergence Bhd's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, YGL Convergence Bhd ranks #2042 out of 2379 companies for Return-on-Tangible-Equity. This places YGL Convergence Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. 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 5.28, based on 2,379 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 YGL Convergence Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YGL Convergence Bhd's current Return-on-Tangible-Equity is -20.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YGL Convergence Bhd stock overvalued right now?
Based on GuruFocus' analysis, YGL Convergence Bhd (XKLS:0086) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.08 — trading right at its estimated fair value. The current Return-on-Tangible-Equity is -20.01%. 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 YGL Convergence Bhd (XKLS:0086), the current Return-on-Tangible-Equity is -20.01% 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.
YGL Convergence Bhd is principally engaged in the marketing and distribution of computer software and hardware, and the provision of professional services. The Group's reportable segments include Software Implementation, which involves software installation, commissioning, support, and maintenance services and related activities; the Solar Panel Installation segment, which provides engineering, procurement, construction, and commissioning services in solar energy solutions and related services; and Investment Holding. The majority of the company's revenue is derived from software and panel installations. The company's geographical segments include Malaysia and Hong Kong, with Malaysia contributing the majority of its revenue.
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