Topmix BhdXKLS:0302 46 Return-on-Tangible-Equity is 15.76% as of Mar. 2026, which is 30% below its 10-year median of 22.37. GuruFocus rates XKLS:0302 with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 420 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 87.14% 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. Topmix Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM13.7 Mil. Topmix Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM86.6 Mil. Therefore, Topmix Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.76%.
The historical rank and industry rank for Topmix Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0302'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.36 Med: 22.37 Max: 33.01
Current: 22.37
During the past 6 years, Topmix Bhd's highest Return-on-Tangible-Equity was 33.01%. The lowest was 13.36%. And the median was 22.37%.
XKLS:0302's Return-on-Tangible-Equity is ranked better than 87.14% of 420
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs XKLS:0302: 22.37
Topmix Bhd (XKLS:0302) 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.
Topmix Bhd Return-on-Tangible-Equity Related Terms
Topmix Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Topmix 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:0302 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.
Topmix Bhd Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Topmix 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 15.76% mean?
Topmix Bhd (XKLS:0302) has a Return-on-Tangible-Equity of 15.76% 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 Topmix Bhd and its competitors. This is 30% below median its historical median of 22.37. Over the past decade, Topmix Bhd's Return-on-Tangible-Equity has ranged from 13.36 to 33.01. According to the industry distribution chart, Topmix Bhd ranks #54 out of 420 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.9%.
Is Topmix Bhd's Return-on-Tangible-Equity too high?
Topmix Bhd's current Return-on-Tangible-Equity of 15.76% is 30% below median its 10-year median of 22.37. Over the past 10 years, this metric has ranged from a low of 13.36 to a high of 33.01. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Topmix Bhd's value of 15.76% is 210.2% above this industry median. Based on the distribution chart, Topmix Bhd ranks #54 out of 420 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Topmix Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #54 out of 420 companies for Return-on-Tangible-Equity. This places Topmix Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Topmix Bhd's value of 15.76% is 210.2% above this benchmark. Historically, Topmix Bhd's own Return-on-Tangible-Equity has ranged from 13.36 to 33.01 over the past decade. While the company's 10-year median is 22.37 vs. the industry median of 5.08, Topmix 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 420 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. Topmix Bhd's current Return-on-Tangible-Equity of 15.76% is 210.2% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Return-on-Tangible-Equity is 15.76%, which is 30% below median its own 10-year median of 22.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Return-on-Tangible-Equity of 15.76%. The current Return-on-Tangible-Equity is 15.76%, which is 30% below median its 10-year median of 22.37 and 210.2% above the Furnishings, Fixtures & Appliances industry median of 5.08. Topmix Bhd's overall GF Score™ is 46/100 with 2 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 Topmix Bhd (XKLS:0302), the current Return-on-Tangible-Equity is 15.76% 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.
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
46GF Score
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