Tri-Mode System (M) BhdXKLS:0199 41 Return-on-Tangible-Equity is 0.74% as of Mar. 2026, which is 90% below its 10-year median of 7.25. GuruFocus rates XKLS:0199 with a GF Score™ of 41/100 and a GF Value™ of RM0.26 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 977 Transportation companies, Tri-Mode System (M) Bhd ranks worse than 78.2% 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. Tri-Mode System (M) Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM0.70 Mil. Tri-Mode System (M) Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM94.96 Mil. Therefore, Tri-Mode System (M) Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.74%.
The historical rank and industry rank for Tri-Mode System (M) Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0199'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.75 Med: 7.25 Max: 18.88
Current: 1.9
During the past 11 years, Tri-Mode System (M) Bhd's highest Return-on-Tangible-Equity was 18.88%. The lowest was 1.75%. And the median was 7.25%.
XKLS:0199's Return-on-Tangible-Equity is ranked worse than 78.2% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs XKLS:0199: 1.90
Tri-Mode System (M) Bhd (XKLS:0199) 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.
Tri-Mode System (M) Bhd Return-on-Tangible-Equity Related Terms
Tri-Mode System (M) Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Tri-Mode System (M) 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.
Tri-Mode System (M) Bhd Return-on-Tangible-Equity Chart
XKLS:0199 vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Tri-Mode System (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.
Tri-Mode System (M) Bhd Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Tri-Mode System (M) Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tri-Mode System (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 0.74% mean?
Tri-Mode System (M) Bhd (XKLS:0199) has a Return-on-Tangible-Equity of 0.74% 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 Tri-Mode System (M) Bhd and its competitors. This is 90% below median its historical median of 7.25. Over the past decade, Tri-Mode System (M) Bhd's Return-on-Tangible-Equity has ranged from 1.75 to 18.88. According to the industry distribution chart, Tri-Mode System (M) Bhd ranks #764 out of 977 companies in the Transportation industry, placing it in the top 78.2%.
Is Tri-Mode System (M) Bhd's Return-on-Tangible-Equity too high?
Tri-Mode System (M) Bhd's current Return-on-Tangible-Equity of 0.74% is 90% below median its 10-year median of 7.25. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 18.88. The Transportation industry median Return-on-Tangible-Equity is 9.02. Tri-Mode System (M) Bhd's value of 0.74% is 91.8% below this industry median. Based on the distribution chart, Tri-Mode System (M) Bhd ranks #764 out of 977 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tri-Mode System (M) Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tri-Mode System (M) Bhd's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Tri-Mode System (M) Bhd ranks #764 out of 977 companies for Return-on-Tangible-Equity. This places Tri-Mode System (M) Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.02. Tri-Mode System (M) Bhd's value of 0.74% is 91.8% below this benchmark. Historically, Tri-Mode System (M) Bhd's own Return-on-Tangible-Equity has ranged from 1.75 to 18.88 over the past decade. While the company's 10-year median is 7.25 vs. the industry median of 9.02, Tri-Mode System (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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. Tri-Mode System (M) Bhd's current Return-on-Tangible-Equity of 0.74% is 91.8% 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 Tri-Mode System (M) Bhd and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri-Mode System (M) Bhd's current Return-on-Tangible-Equity is 0.74%, which is 90% below median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Mode System (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd (XKLS:0199) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.26, compared to a current price of RM0.17 — trading 34.6% below its estimated fair value. The current Return-on-Tangible-Equity is 0.74%, which is 90% below median its 10-year median of 7.25 and 91.8% below the Transportation industry median of 9.02. Tri-Mode System (M) Bhd's overall GF Score™ is 41/100 with 6 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 Tri-Mode System (M) Bhd (XKLS:0199), the current Return-on-Tangible-Equity is 0.74% 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 Tri-Mode System (M) Bhd (XKLS:0199) Overvalued in 2026?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 34.6% below its estimated GF Value™ of RM0.26.
GuruFocus considers Tri-Mode System (M) Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0199:
Return-on-Tangible-Equity: 0.74% (90% below median its 10-year median of 7.25)
GF Value™: RM0.26 vs. price of RM0.17 (34.6% below fair value)
Industry Position: 91.8% below the Transportation median (#764 of 977)
No single metric tells the full story. See the XKLS:0199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tri-Mode System (M) Bhd is an integrated logistics service provider & has six segments. Sea freight segment organizes shipments for customers & overseas freight forwarded & manage bookings for cargo space for sea shipments; Container haulage segment provides land transportation services; Air freight segment plans & manages booking of cargo space for customer's air shipments; Freights forwarding segment manages document preparation, customs clearance, airlines & container haulage division for transportation of cargoes; Warehousing segment provides services such as general storage, consolidation & deconsolidation, transshipment of cargoes & inventory management services; & Marine insurance segment provide insurance service on cargoes by group. The key revenue is from the Sea freight segment.
41GF Score
Get the complete analysis for XKLS:0199
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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