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. Elsoft Research Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-6.68 Mil. Elsoft Research Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM109.74 Mil. Therefore, Elsoft Research Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.08%.
The historical rank and industry rank for Elsoft Research Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0090'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.62 Med: 13.05 Max: 38.22
Current: 3.16
During the past 13 years, Elsoft Research Bhd's highest Return-on-Tangible-Equity was 38.22%. The lowest was 0.62%. And the median was 13.05%.
XKLS:0090's Return-on-Tangible-Equity is ranked worse than 56.81% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs XKLS:0090: 3.16
Elsoft Research Bhd (XKLS:0090) 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.
Elsoft Research Bhd Return-on-Tangible-Equity Related Terms
Elsoft Research Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Elsoft Research 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.
Elsoft Research Bhd Return-on-Tangible-Equity Chart
XKLS:0090 vs AMAT, LRCX, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Elsoft Research 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.
Elsoft Research Bhd Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Elsoft Research Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Elsoft Research 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 -6.08% mean?
Elsoft Research Bhd (XKLS:0090) has a Return-on-Tangible-Equity of -6.08% 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 Elsoft Research Bhd and its competitors. Over the past decade, Elsoft Research Bhd's Return-on-Tangible-Equity has ranged from 0.62 to 38.22. According to the industry distribution chart, Elsoft Research Bhd ranks #559 out of 984 companies in the Semiconductors industry, placing it in the top 56.8%.
Is Elsoft Research Bhd's Return-on-Tangible-Equity too high?
Elsoft Research Bhd's current Return-on-Tangible-Equity is -6.08%. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 38.22. Based on the distribution chart, Elsoft Research Bhd ranks #559 out of 984 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Elsoft Research Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elsoft Research Bhd's Return-on-Tangible-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Elsoft Research Bhd ranks #559 out of 984 companies for Return-on-Tangible-Equity. This places Elsoft Research Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.24. Historically, Elsoft Research Bhd's own Return-on-Tangible-Equity has ranged from 0.62 to 38.22 over the past decade. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 984 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 Elsoft Research Bhd and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elsoft Research Bhd's current Return-on-Tangible-Equity is -6.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsoft Research Bhd stock overvalued right now?
Based on GuruFocus' analysis, Elsoft Research Bhd (XKLS:0090) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.34, compared to a current price of RM0.22 — trading 36.8% below its estimated fair value. The current Return-on-Tangible-Equity is -6.08%. Elsoft Research Bhd's overall GF Score™ is 52/100 with 3 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 Elsoft Research Bhd (XKLS:0090), the current Return-on-Tangible-Equity is -6.08% 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 Elsoft Research Bhd (XKLS:0090) Overvalued in 2026?
Based on GuruFocus' analysis, Elsoft Research Bhd stock appears to be undervalued.
The current stock price of RM0.22 is trading 36.8% below its estimated GF Value™ of RM0.34.
GuruFocus considers Elsoft Research Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0090:
Return-on-Tangible-Equity: -6.08%
GF Value™: RM0.34 vs. price of RM0.22 (36.8% below fair value)
No single metric tells the full story. See the XKLS:0090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elsoft Research Bhd is principally involved in the research, design, and development of test, burn-in, and application-specific embedded systems. The company mainly provides cost effective ATE solutions to the semiconductor, optoelectronic, and automation industries. Its test and burn-in systems are used by customers manufacturing optoelectronic devices such as LED, image sensors, and automotive lightings to test their products before launching into the market. The company also engaged a new customer to develop a test solution for metalens technology while continuing to focus on the medical device market. , and maximum revenue is generated from Malaysia, followed by Asia (excluding Malaysia), and the United States.
52GF Score
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