Glostrext BhdXKLS:0284 50 Return-on-Tangible-Equity is 7.20% as of Mar. 2026, which is 43% below its 10-year median of 12.60. GuruFocus rates XKLS:0284 with a GF Score™ of 50/100 and a GF Value™ of RM0.37 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,706 Construction companies, Glostrext Bhd ranks better than 71.51% 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. Glostrext Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM4.54 Mil. Glostrext Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM63.03 Mil. Therefore, Glostrext Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.20%.
The historical rank and industry rank for Glostrext Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0284'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.32 Med: 12.6 Max: 24.85
Current: 16.04
During the past 7 years, Glostrext Bhd's highest Return-on-Tangible-Equity was 24.85%. The lowest was 3.32%. And the median was 12.60%.
XKLS:0284's Return-on-Tangible-Equity is ranked better than 71.51% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs XKLS:0284: 16.04
Glostrext Bhd (XKLS:0284) 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.
Glostrext Bhd Return-on-Tangible-Equity Related Terms
Glostrext Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Glostrext 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:0284 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Glostrext 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.
Glostrext Bhd Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Glostrext Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Glostrext 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 7.20% mean?
Glostrext Bhd (XKLS:0284) has a Return-on-Tangible-Equity of 7.20% 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 Glostrext Bhd and its competitors. This is 43% below median its historical median of 12.60. Over the past decade, Glostrext Bhd's Return-on-Tangible-Equity has ranged from 3.32 to 24.85. According to the industry distribution chart, Glostrext Bhd ranks #486 out of 1706 companies in the Construction industry, placing it in the top 28.5%.
Is Glostrext Bhd's Return-on-Tangible-Equity too high?
Glostrext Bhd's current Return-on-Tangible-Equity of 7.20% is 43% below median its 10-year median of 12.60. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 24.85. The Construction industry median Return-on-Tangible-Equity is 8.25. Glostrext Bhd's value of 7.20% is 12.7% below this industry median. Based on the distribution chart, Glostrext Bhd ranks #486 out of 1706 companies in the Construction industry, which is above the industry midpoint. Overall, Glostrext Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Glostrext Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Glostrext Bhd ranks #486 out of 1706 companies for Return-on-Tangible-Equity. This puts Glostrext Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.25. Glostrext Bhd's value of 7.20% is 12.7% below this benchmark. Historically, Glostrext Bhd's own Return-on-Tangible-Equity has ranged from 3.32 to 24.85 over the past decade. While the company's 10-year median is 12.60 vs. the industry median of 8.25, Glostrext 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 8.25, 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. Glostrext Bhd's current Return-on-Tangible-Equity of 7.20% is 12.7% 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 Glostrext Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glostrext Bhd's current Return-on-Tangible-Equity is 7.20%, which is 43% below median its own 10-year median of 12.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glostrext Bhd stock overvalued right now?
Based on GuruFocus' analysis, Glostrext Bhd (XKLS:0284) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.37, compared to a current price of RM0.20 — trading 47.3% below its estimated fair value. The current Return-on-Tangible-Equity is 7.20%, which is 43% below median its 10-year median of 12.60 and 12.7% below the Construction industry median of 8.25. Glostrext Bhd's overall GF Score™ is 50/100 with 1 warning sign 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 Glostrext Bhd (XKLS:0284), the current Return-on-Tangible-Equity is 7.20% 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 Glostrext Bhd (XKLS:0284) Overvalued in 2026?
Based on GuruFocus' analysis, Glostrext Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 47.3% below its estimated GF Value™ of RM0.37.
GuruFocus considers Glostrext Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0284:
Return-on-Tangible-Equity: 7.20% (43% below median its 10-year median of 12.60)
GF Value™: RM0.37 vs. price of RM0.20 (47.3% below fair value)
Industry Position: 12.7% below the Construction median (#486 of 1706)
No single metric tells the full story. See the XKLS:0284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glostrext Bhd is a geotechnical instrumentation service provider, where it provides piling, structural and geotechnical-related services, covering instrumentation, testing, and monitoring services to construction projects as well as completed buildings and infrastructure. Its service offerings can be categorized into three segments; Provision of pile instrumentation and static load test services to construction projects and Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures, and Other related activities. Most revenue is derived from pile instrumentation and static load test services.
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