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TCS Group Holdings BhdXKLS:0221 Return-on-Tangible-Equity is 1.32% as of Mar. 2026, which is 91% below its 10-year median of 15.47. The stock has 7 warning signs investors should review. Among 1,709 Construction companies, TCS Group Holdings Bhd ranks worse than 68.52% 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. TCS Group Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM1.1 Mil. TCS Group Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM87.2 Mil. Therefore, TCS Group Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.32%.
The historical rank and industry rank for TCS Group Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0221'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.19 Med: 15.47 Max: 46.09
Current: 2.57
During the past 10 years, TCS Group Holdings Bhd's highest Return-on-Tangible-Equity was 46.09%. The lowest was -47.19%. And the median was 15.47%.
XKLS:0221's Return-on-Tangible-Equity is ranked worse than 68.52% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs XKLS:0221: 2.57
TCS Group Holdings Bhd (XKLS:0221) 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.
TCS Group Holdings Bhd Return-on-Tangible-Equity Related Terms
TCS Group Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TCS Group 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.
TCS Group Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:0221 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, TCS Group 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.
TCS Group Holdings Bhd Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, TCS Group Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TCS Group Holdings 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 1.32% mean?
TCS Group Holdings Bhd (XKLS:0221) has a Return-on-Tangible-Equity of 1.32% 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 TCS Group Holdings Bhd and its competitors. This is 91% below median its historical median of 15.47. According to the industry distribution chart, TCS Group Holdings Bhd ranks #1171 out of 1709 companies in the Construction industry, placing it in the top 68.5%.
Is TCS Group Holdings Bhd's Return-on-Tangible-Equity too high?
TCS Group Holdings Bhd's current Return-on-Tangible-Equity of 1.32% is 91% below median its 10-year median of 15.47. The Construction industry median Return-on-Tangible-Equity is 8.21. TCS Group Holdings Bhd's value of 1.32% is 83.9% below this industry median. Based on the distribution chart, TCS Group Holdings Bhd ranks #1171 out of 1709 companies in the Construction industry, which is below the industry midpoint.
How does TCS Group Holdings Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, TCS Group Holdings Bhd ranks #1171 out of 1709 companies for Return-on-Tangible-Equity. This places TCS Group Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. TCS Group Holdings Bhd's value of 1.32% is 83.9% below this benchmark. While the company's 10-year median is 15.47 vs. the industry median of 8.21, TCS Group Holdings 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 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. TCS Group Holdings Bhd's current Return-on-Tangible-Equity of 1.32% is 83.9% 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 TCS Group Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCS Group Holdings Bhd's current Return-on-Tangible-Equity is 1.32%, which is 91% below median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCS Group Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, TCS Group Holdings Bhd (XKLS:0221) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.09 — trading 34.6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.32%, which is 91% below median its 10-year median of 15.47 and 83.9% below the Construction industry median of 8.21. 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 TCS Group Holdings Bhd (XKLS:0221), the current Return-on-Tangible-Equity is 1.32% 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.
TCS Group Holdings Bhd is a building and infrastructure construction services provider for residential, commercial, and civil works in Malaysia. The Group has completed various types of residential buildings such as terrace houses, bungalows, high-rise apartments and condominium, as well as commercial buildings such as shop offices, shopping complexes, factory buildings and purpose-built buildings. Its services also include civil works such as roads, water and sewerage treatment plants, electrical substations, water tanks, and reticulation systems for townships. Its projects include BRDB Sales Gallery in Subang Jaya, Selangor, the IOI Moxy Hotel in IOI Resort City, Putrajaya, M Arisa in Sentul, Kuala Lumpur, and others. The Group's operations are predominantly carried out in Malaysia.
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