Tex Cycle Technology (M) BhdXKLS:0089 83 Return-on-Tangible-Equity is 7.22% as of Mar. 2026, which is 29% below its 10-year median of 10.22. GuruFocus rates XKLS:0089 with a GF Score™ of 83/100 and a GF Value™ of RM1.91 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 226 Waste Management companies, Tex Cycle Technology (M) Bhd ranks better than 56.19% 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. Tex Cycle Technology (M) Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM14.21 Mil. Tex Cycle Technology (M) Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM196.73 Mil. Therefore, Tex Cycle Technology (M) Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.22%.
The historical rank and industry rank for Tex Cycle Technology (M) Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0089'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.14 Med: 10.22 Max: 21.63
Current: 11.57
During the past 13 years, Tex Cycle Technology (M) Bhd's highest Return-on-Tangible-Equity was 21.63%. The lowest was 3.14%. And the median was 10.22%.
XKLS:0089's Return-on-Tangible-Equity is ranked better than 56.19% of 226
companies
in the Waste Management industry
Industry Median: 9.24
vs XKLS:0089: 11.57
Tex Cycle Technology (M) Bhd (XKLS:0089) 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.
Tex Cycle Technology (M) Bhd Return-on-Tangible-Equity Related Terms
Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Return-on-Tangible-Equity Chart
XKLS:0089 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tex Cycle Technology (M) 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 7.22% mean?
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Return-on-Tangible-Equity of 7.22% 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 Tex Cycle Technology (M) Bhd and its competitors. This is 29% below median its historical median of 10.22. Over the past decade, Tex Cycle Technology (M) Bhd's Return-on-Tangible-Equity has ranged from 3.14 to 21.63. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #99 out of 226 companies in the Waste Management industry, placing it in the top 43.8%.
Is Tex Cycle Technology (M) Bhd's Return-on-Tangible-Equity too high?
Tex Cycle Technology (M) Bhd's current Return-on-Tangible-Equity of 7.22% is 29% below median its 10-year median of 10.22. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 21.63. The Waste Management industry median Return-on-Tangible-Equity is 9.24. Tex Cycle Technology (M) Bhd's value of 7.22% is 21.9% below this industry median. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #99 out of 226 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #99 out of 226 companies for Return-on-Tangible-Equity. This puts Tex Cycle Technology (M) Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.24. Tex Cycle Technology (M) Bhd's value of 7.22% is 21.9% below this benchmark. Historically, Tex Cycle Technology (M) Bhd's own Return-on-Tangible-Equity has ranged from 3.14 to 21.63 over the past decade. While the company's 10-year median is 10.22 vs. the industry median of 9.24, Tex Cycle Technology (M) 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.24, based on 226 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. Tex Cycle Technology (M) Bhd's current Return-on-Tangible-Equity of 7.22% is 21.9% 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Return-on-Tangible-Equity is 7.22%, which is 29% below median its own 10-year median of 10.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.91, compared to a current price of RM1.02 — trading 46.6% below its estimated fair value. The current Return-on-Tangible-Equity is 7.22%, which is 29% below median its 10-year median of 10.22 and 21.9% below the Waste Management industry median of 9.24. Tex Cycle Technology (M) 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tex Cycle Technology (M) Bhd (XKLS:0089), the current Return-on-Tangible-Equity is 7.22% 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 Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued.
The current stock price of RM1.02 is trading 46.6% below its estimated GF Value™ of RM1.91.
GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0089:
Return-on-Tangible-Equity: 7.22% (29% below median its 10-year median of 10.22)
GF Value™: RM1.91 vs. price of RM1.02 (46.6% below fair value)
Industry Position: 21.9% below the Waste Management median (#99 of 226)
No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
83GF Score
Get the complete analysis for XKLS:0089
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