GDB Holdings Bhd (XKLS:0198) Return-on-Tangible-Equity: 30.41% (As of Mar. 2026) — 40% Above Median


XKLS:0198 GDB Holdings Bhd XKLS:0198
69 GF Score
Price RM0.48
GF Value RM0.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is GDB Holdings Bhd Return-on-Tangible-Equity?

GDB Holdings Bhd XKLS:0198 +1.05% 69 Return-on-Tangible-Equity is 30.41% as of Mar. 2026, which is 40% above its 10-year median of 21.79. GuruFocus rates XKLS:0198 with a GF Score™ of 69/100 and a GF Value™ of RM0.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,706 Construction companies, GDB Holdings Bhd ranks better than 78.84% 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. GDB Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM86.2 Mil. GDB Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM283.3 Mil. Therefore, GDB Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 30.41%.

The historical rank and industry rank for GDB Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:0198' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.89   Med: 21.79   Max: 78.97
Current: 22.65

During the past 12 years, GDB Holdings Bhd's highest Return-on-Tangible-Equity was 78.97%. The lowest was 4.89%. And the median was 21.79%.

XKLS:0198's Return-on-Tangible-Equity is ranked better than
78.84% of 1706 companies
in the Construction industry
Industry Median: 8.235 vs XKLS:0198: 22.65

GDB Holdings Bhd  (XKLS:0198) 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.


GDB Holdings Bhd Return-on-Tangible-Equity Related Terms


GDB Holdings Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GDB Holdings 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.

GDB Holdings Bhd Return-on-Tangible-Equity Chart

GDB Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.27 11.09 4.89 14.72 23.20

GDB Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.24 40.09 25.60 -3.20 30.41

XKLS:0198 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, GDB Holdings 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.


GDB Holdings Bhd Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, GDB Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GDB Holdings Bhd's Return-on-Tangible-Equity falls into.


XKLS:0198
69GF Score
GDB Holdings Bhd XKLS:0198
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDB Holdings Bhd Return-on-Tangible-Equity Calculation

GDB Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=54.261/( (195.176+272.542 )/ 2 )
=54.261/233.859
=23.20 %

GDB Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=86.156/( (272.542+294.081)/ 2 )
=86.156/283.3115
=30.41 %

* 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 30.41% mean?
GDB Holdings Bhd (XKLS:0198) has a Return-on-Tangible-Equity of 30.41% 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 GDB Holdings Bhd and its competitors. This is 40% above median its historical median of 21.79. Over the past decade, GDB Holdings Bhd's Return-on-Tangible-Equity has ranged from 4.89 to 78.97. According to the industry distribution chart, GDB Holdings Bhd ranks #361 out of 1706 companies in the Construction industry, placing it in the top 21.2%.
Is GDB Holdings Bhd's Return-on-Tangible-Equity too high?
GDB Holdings Bhd's current Return-on-Tangible-Equity of 30.41% is 40% above median its 10-year median of 21.79. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 78.97. The Construction industry median Return-on-Tangible-Equity is 8.24. GDB Holdings Bhd's value of 30.41% is 269.3% above this industry median. Based on the distribution chart, GDB Holdings Bhd ranks #361 out of 1706 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, GDB Holdings Bhd has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDB Holdings Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, GDB Holdings Bhd ranks #361 out of 1706 companies for Return-on-Tangible-Equity. This places GDB Holdings Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.24. GDB Holdings Bhd's value of 30.41% is 269.3% above this benchmark. Historically, GDB Holdings Bhd's own Return-on-Tangible-Equity has ranged from 4.89 to 78.97 over the past decade. While the company's 10-year median is 21.79 vs. the industry median of 8.24, GDB Holdings 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,706 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. GDB Holdings Bhd's current Return-on-Tangible-Equity of 30.41% is 269.3% 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 GDB Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDB Holdings Bhd's current Return-on-Tangible-Equity is 30.41%, which is 40% above median its own 10-year median of 21.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDB Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, GDB Holdings Bhd (XKLS:0198) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.64, compared to a current price of RM0.48 — trading 25% below its estimated fair value. The current Return-on-Tangible-Equity is 30.41%, which is 40% above median its 10-year median of 21.79 and 269.3% above the Construction industry median of 8.24. GDB Holdings Bhd's overall GF Score™ is 69/100 with 4 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 GDB Holdings Bhd (XKLS:0198), the current Return-on-Tangible-Equity is 30.41% 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 GDB Holdings Bhd (XKLS:0198) Overvalued in 2026?

Based on GuruFocus' analysis, GDB Holdings Bhd stock appears to be undervalued. The current stock price of RM0.48 is trading 25% below its estimated GF Value™ of RM0.64. GuruFocus considers GDB Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0198:

  • Return-on-Tangible-Equity: 30.41% (40% above median its 10-year median of 21.79)
  • GF Value™: RM0.64 vs. price of RM0.48 (25% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 269.3% above the Construction median (#361 of 1706)

No single metric tells the full story. See the XKLS:0198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDB Holdings Bhd Business Description

Address Sekitar 26 Enterprise, A-02-01, F-02-01 & F-02-02, Persiaran Hulu Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
GDB Holdings Bhd is engaged in providing construction services, for residential, commercial, and mixed-development projects. The company is involved in the implementation of construction projects which includes daily management of all the works required for the timely completion of the projects. It also engages subcontractors to provide certain services such as the supply and installation of construction materials, machinery and equipment, and other specialized trade work. The group principally operates in Malaysia. The key revenue is derived from construction activities.
69GF Score

Get the complete analysis for XKLS:0198

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.48
Price
RM0.64
GF Value