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M N C Wireless BhdXKLS:0103 Return-on-Tangible-Equity is -7.96% as of Feb. 2026. The stock has 6 warning signs investors should review. Among 328 Telecommunication Services companies, M N C Wireless Bhd ranks worse than 86.28% 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. M N C Wireless Bhd's annualized net income for the quarter that ended in Feb. 2026 was RM-4.18 Mil. M N C Wireless Bhd's average shareholder tangible equity for the quarter that ended in Feb. 2026 was RM52.59 Mil. Therefore, M N C Wireless Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -7.96%.
The historical rank and industry rank for M N C Wireless Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0103'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.45 Med: -8.55 Max: 1.6
Current: -9.02
During the past 13 years, M N C Wireless Bhd's highest Return-on-Tangible-Equity was 1.60%. The lowest was -22.45%. And the median was -8.55%.
XKLS:0103's Return-on-Tangible-Equity is ranked worse than 86.28% of 328
companies
in the Telecommunication Services industry
Industry Median: 14.525
vs XKLS:0103: -9.02
M N C Wireless Bhd (XKLS:0103) 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.
M N C Wireless Bhd Return-on-Tangible-Equity Related Terms
M N C Wireless Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M N C Wireless 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.
M N C Wireless Bhd Return-on-Tangible-Equity Chart
XKLS:0103 vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, M N C Wireless 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.
M N C Wireless Bhd Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M N C Wireless 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 -7.96% mean?
M N C Wireless Bhd (XKLS:0103) has a Return-on-Tangible-Equity of -7.96% 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 M N C Wireless Bhd and its competitors. According to the industry distribution chart, M N C Wireless Bhd ranks #283 out of 328 companies in the Telecommunication Services industry, placing it in the top 86.3%.
Is M N C Wireless Bhd's Return-on-Tangible-Equity too high?
M N C Wireless Bhd's current Return-on-Tangible-Equity is -7.96%. Based on the distribution chart, M N C Wireless Bhd ranks #283 out of 328 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers.
How does M N C Wireless Bhd's Return-on-Tangible-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, M N C Wireless Bhd ranks #283 out of 328 companies for Return-on-Tangible-Equity. This places M N C Wireless Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.53. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.53, based on 328 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 M N C Wireless Bhd and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M N C Wireless Bhd's current Return-on-Tangible-Equity is -7.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M N C Wireless Bhd stock overvalued right now?
Based on GuruFocus' analysis, M N C Wireless Bhd (XKLS:0103) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.04 — trading 69.2% below its estimated fair value. The current Return-on-Tangible-Equity is -7.96%. 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 M N C Wireless Bhd (XKLS:0103), the current Return-on-Tangible-Equity is -7.96% 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.
M N C Wireless Bhd activities include sales and marketing, and research and development of wireless, mobile and multimedia solutions and content, and investment holding. Its segments comprise Mobile applications, a premium mobile content platform enabling the sale of content via SMS and MMS; Wireless and multimedia related services, including consultations, sales, marketing and implementation of mobile messaging solutions and related multimedia services, which generate the majority of revenue; and Others. Its services include mobile applications, mobile messaging, social media management, mobile billing, web design and development, and web maintenance.
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