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Nationgate Holdings BhdXKLS:0270 +7.91%73 Return-on-Tangible-Equity is 0.21% as of Mar. 2026, which is 99% below its 10-year median of 23.52. GuruFocus rates XKLS:0270 with a GF Score™ of 73/100 and a GF Value™ of RM6.49 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 2,387 Hardware companies, Nationgate Holdings Bhd ranks better than 56.81% 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. Nationgate Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM2 Mil. Nationgate Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM992 Mil. Therefore, Nationgate Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.21%.
The historical rank and industry rank for Nationgate Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0270'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.16 Med: 23.52 Max: 44.3
Current: 7.13
During the past 7 years, Nationgate Holdings Bhd's highest Return-on-Tangible-Equity was 44.30%. The lowest was 6.16%. And the median was 23.52%.
XKLS:0270's Return-on-Tangible-Equity is ranked better than 56.81% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs XKLS:0270: 7.13
Nationgate Holdings Bhd (XKLS:0270) 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.
Nationgate Holdings Bhd Return-on-Tangible-Equity Related Terms
Nationgate Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nationgate 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.
Nationgate Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:0270 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Nationgate 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.
Nationgate Holdings Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nationgate Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nationgate 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 0.21% mean?
Nationgate Holdings Bhd (XKLS:0270) has a Return-on-Tangible-Equity of 0.21% 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 Nationgate Holdings Bhd and its competitors. This is 99% below median its historical median of 23.52. Over the past decade, Nationgate Holdings Bhd's Return-on-Tangible-Equity has ranged from 6.16 to 44.30. According to the industry distribution chart, Nationgate Holdings Bhd ranks #1031 out of 2387 companies in the Hardware industry, placing it in the top 43.2%.
Is Nationgate Holdings Bhd's Return-on-Tangible-Equity too high?
Nationgate Holdings Bhd's current Return-on-Tangible-Equity of 0.21% is 99% below median its 10-year median of 23.52. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 44.30. The Hardware industry median Return-on-Tangible-Equity is 5.28. Nationgate Holdings Bhd's value of 0.21% is 96% below this industry median. Based on the distribution chart, Nationgate Holdings Bhd ranks #1031 out of 2387 companies in the Hardware industry, which is above the industry midpoint. Overall, Nationgate Holdings Bhd has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nationgate Holdings Bhd's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Nationgate Holdings Bhd ranks #1031 out of 2387 companies for Return-on-Tangible-Equity. This puts Nationgate Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.28. Nationgate Holdings Bhd's value of 0.21% is 96% below this benchmark. Historically, Nationgate Holdings Bhd's own Return-on-Tangible-Equity has ranged from 6.16 to 44.30 over the past decade. While the company's 10-year median is 23.52 vs. the industry median of 5.28, Nationgate 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,387 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. Nationgate Holdings Bhd's current Return-on-Tangible-Equity of 0.21% is 96% 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 Nationgate Holdings Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nationgate Holdings Bhd's current Return-on-Tangible-Equity is 0.21%, which is 99% below median its own 10-year median of 23.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nationgate Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nationgate Holdings Bhd (XKLS:0270) is currently considered Possible Value Trap. The stock's GF Value™ is RM6.49, compared to a current price of RM0.96 — trading 85.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.21%, which is 99% below median its 10-year median of 23.52 and 96% below the Hardware industry median of 5.28. Nationgate Holdings Bhd's overall GF Score™ is 73/100 with 10 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 Nationgate Holdings Bhd (XKLS:0270), the current Return-on-Tangible-Equity is 0.21% 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 Nationgate Holdings Bhd (XKLS:0270) Overvalued in 2026?
Based on GuruFocus' analysis, Nationgate Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.96 is trading 85.3% below its estimated GF Value™ of RM6.49.
GuruFocus considers Nationgate Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0270:
Return-on-Tangible-Equity: 0.21% (99% below median its 10-year median of 23.52)
GF Value™: RM6.49 vs. price of RM0.96 (85.3% below fair value)
Industry Position: 96% below the Hardware median (#1031 of 2387)
No single metric tells the full story. See the XKLS:0270 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fully assembled electronic products as well as semiconductor devices. The company has only one reportable business segment of manufacturing, which relates principally to the provision of electronic manufacturing services ("EMS"). The segment mainly comprises the assembly and testing of electronic components and products to produce completed printed circuit boards, semi-finished sub-assemblies, fully assembled electronic products (under NSM, NSY, NCS, and NPS), and semiconductor devices (under NSY).
73GF Score
Get the complete analysis for XKLS:0270
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