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Securemetric BhdXKLS:0203 52 Return-on-Tangible-Equity is 9.62% as of Mar. 2026, which is 160% above its 10-year median of 3.70. GuruFocus rates XKLS:0203 with a GF Score™ of 52/100 and a GF Value™ of RM0.16 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,476 Software companies, Securemetric Bhd ranks worse than 55.82% 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. Securemetric Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM4.04 Mil. Securemetric Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM42.03 Mil. Therefore, Securemetric Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.62%.
The historical rank and industry rank for Securemetric Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0203'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.78 Med: 3.7 Max: 42.15
Current: 5.94
During the past 11 years, Securemetric Bhd's highest Return-on-Tangible-Equity was 42.15%. The lowest was -12.78%. And the median was 3.70%.
XKLS:0203's Return-on-Tangible-Equity is ranked worse than 55.82% of 2476
companies
in the Software industry
Industry Median: 8.825
vs XKLS:0203: 5.94
Securemetric Bhd (XKLS:0203) 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.
Securemetric Bhd Return-on-Tangible-Equity Related Terms
Securemetric Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Securemetric 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.
XKLS:0203 vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, Securemetric 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.
Securemetric Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Securemetric Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Securemetric 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 9.62% mean?
Securemetric Bhd (XKLS:0203) has a Return-on-Tangible-Equity of 9.62% 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 Securemetric Bhd and its competitors. This is 160% above median its historical median of 3.70. According to the industry distribution chart, Securemetric Bhd ranks #1382 out of 2476 companies in the Software industry, placing it in the top 55.8%.
Is Securemetric Bhd's Return-on-Tangible-Equity too high?
Securemetric Bhd's current Return-on-Tangible-Equity of 9.62% is 160% above median its 10-year median of 3.70. The Software industry median Return-on-Tangible-Equity is 8.83. Securemetric Bhd's value of 9.62% is 9% above this industry median. Based on the distribution chart, Securemetric Bhd ranks #1382 out of 2476 companies in the Software industry, which is below the industry midpoint. Overall, Securemetric Bhd has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Securemetric Bhd's Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Securemetric Bhd ranks #1382 out of 2476 companies for Return-on-Tangible-Equity. This places Securemetric Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. Securemetric Bhd's value of 9.62% is 9% above this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 8.83, Securemetric 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,476 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. Securemetric Bhd's current Return-on-Tangible-Equity of 9.62% is 9% 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 Securemetric Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Securemetric Bhd's current Return-on-Tangible-Equity is 9.62%, which is 160% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Securemetric Bhd stock overvalued right now?
Based on GuruFocus' analysis, Securemetric Bhd (XKLS:0203) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.11 — trading 31.3% below its estimated fair value. The current Return-on-Tangible-Equity is 9.62%, which is 160% above median its 10-year median of 3.70 and 9% above the Software industry median of 8.83. Securemetric 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 Securemetric Bhd (XKLS:0203), the current Return-on-Tangible-Equity is 9.62% 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 Securemetric Bhd (XKLS:0203) Overvalued in 2026?
Based on GuruFocus' analysis, Securemetric Bhd stock appears to be undervalued.
The current stock price of RM0.11 is trading 31.3% below its estimated GF Value™ of RM0.16.
GuruFocus considers Securemetric Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0203:
Return-on-Tangible-Equity: 9.62% (160% above median its 10-year median of 3.70)
GF Value™: RM0.16 vs. price of RM0.11 (31.3% below fair value)
Industry Position: 9% above the Software median (#1382 of 2476)
No single metric tells the full story. See the XKLS:0203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Securemetric Bhd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of digital security solutions, trading of electronic identification products, and other related services. The group's business segments are Digital security solutions, Electronic identification products, Maintenance services, and Others. A majority of its revenue is generated from the Digital security solutions segment, which provides solutions related to two-factor authentication (2FA), PKI solutions, software licensing, protection dongles, and the CENTAGATE software, which manages user authentication and supports multi-factor and multi-channel authentication and digital signing solutions (SigningCloud). Geographically, the group generates maximum revenue from the Philippines.
52GF Score
Get the complete analysis for XKLS:0203
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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