ES Ceramics Technology BhdXKLS:0100 +8.00%62 Return-on-Tangible-Equity is 10.88% as of Feb. 2026, which is 18% above its 10-year median of 9.25. GuruFocus rates XKLS:0100 with a GF Score™ of 62/100 and a GF Value™ of RM0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,566 Chemicals companies, ES Ceramics Technology Bhd ranks better than 55.43% 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. ES Ceramics Technology Bhd's annualized net income for the quarter that ended in Feb. 2026 was RM21.1 Mil. ES Ceramics Technology Bhd's average shareholder tangible equity for the quarter that ended in Feb. 2026 was RM193.7 Mil. Therefore, ES Ceramics Technology Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 10.88%.
The historical rank and industry rank for ES Ceramics Technology Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0100'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.37 Med: 9.25 Max: 45.22
Current: 6.83
During the past 13 years, ES Ceramics Technology Bhd's highest Return-on-Tangible-Equity was 45.22%. The lowest was 0.37%. And the median was 9.25%.
XKLS:0100's Return-on-Tangible-Equity is ranked better than 55.43% of 1566
companies
in the Chemicals industry
Industry Median: 5.69
vs XKLS:0100: 6.83
ES Ceramics Technology Bhd (XKLS:0100) 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.
ES Ceramics Technology Bhd Return-on-Tangible-Equity Related Terms
ES Ceramics Technology 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.
ES Ceramics Technology Bhd Return-on-Tangible-Equity Chart
XKLS:0100 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, ES Ceramics Technology 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.
ES Ceramics Technology Bhd Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ES Ceramics Technology 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.88% mean?
ES Ceramics Technology Bhd (XKLS:0100) has a Return-on-Tangible-Equity of 10.88% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ES Ceramics Technology Bhd and its competitors. This is 18% above median its historical median of 9.25. Over the past decade, ES Ceramics Technology Bhd's Return-on-Tangible-Equity has ranged from 0.37 to 45.22. According to the industry distribution chart, ES Ceramics Technology Bhd ranks #698 out of 1566 companies in the Chemicals industry, placing it in the top 44.6%.
Is ES Ceramics Technology Bhd's Return-on-Tangible-Equity too high?
ES Ceramics Technology Bhd's current Return-on-Tangible-Equity of 10.88% is 18% above median its 10-year median of 9.25. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 45.22. The Chemicals industry median Return-on-Tangible-Equity is 5.69. ES Ceramics Technology Bhd's value of 10.88% is 91.2% above this industry median. Based on the distribution chart, ES Ceramics Technology Bhd ranks #698 out of 1566 companies in the Chemicals industry, which is above the industry midpoint. Overall, ES Ceramics Technology Bhd has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ES Ceramics Technology Bhd's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, ES Ceramics Technology Bhd ranks #698 out of 1566 companies for Return-on-Tangible-Equity. This puts ES Ceramics Technology Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.69. ES Ceramics Technology Bhd's value of 10.88% is 91.2% above this benchmark. Historically, ES Ceramics Technology Bhd's own Return-on-Tangible-Equity has ranged from 0.37 to 45.22 over the past decade. While the company's 10-year median is 9.25 vs. the industry median of 5.69, ES Ceramics Technology Bhd has consistently been above 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.69, based on 1,566 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. ES Ceramics Technology Bhd's current Return-on-Tangible-Equity of 10.88% is 91.2% above 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 ES Ceramics Technology Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ES Ceramics Technology Bhd's current Return-on-Tangible-Equity is 10.88%, which is 18% above median its own 10-year median of 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES Ceramics Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd (XKLS:0100) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.14 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Equity is 10.88%, which is 18% above median its 10-year median of 9.25 and 91.2% above the Chemicals industry median of 5.69. ES Ceramics Technology Bhd's overall GF Score™ is 62/100 with 7 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 ES Ceramics Technology Bhd (XKLS:0100), the current Return-on-Tangible-Equity is 10.88% as of Feb. 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 ES Ceramics Technology Bhd (XKLS:0100) Overvalued in 2026?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd stock appears to be undervalued.
The current stock price of RM0.14 is trading 28.9% below its estimated GF Value™ of RM0.19.
GuruFocus considers ES Ceramics Technology Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0100:
Return-on-Tangible-Equity: 10.88% (18% above median its 10-year median of 9.25)
GF Value™: RM0.19 vs. price of RM0.14 (28.9% below fair value)
Industry Position: 91.2% above the Chemicals median (#698 of 1566)
No single metric tells the full story. See the XKLS:0100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bags and balloons. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segments include Investing, Glove equipment, and Construction, of which the Construction segment derives the maximum revenue. The Construction segment is engaged in the manufacturing and supply of chemical products and construction materials, including readymix concrete.
62GF Score
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