Smile-Link Healthcare Global Bhd (XKLS:03023) Return-on-Tangible-Equity: 0.74% (As of Dec. 2025) — 83% Below Median


What is Smile-Link Healthcare Global Bhd Return-on-Tangible-Equity?

Smile-Link Healthcare Global Bhd XKLS:03023 Return-on-Tangible-Equity is 0.74% as of Dec. 2025, which is 83% below its 10-year median of 4.43. The stock has 6 warning signs investors should review. Among 580 Healthcare Providers & Services companies, Smile-Link Healthcare Global Bhd ranks worse than 77.76% 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. Smile-Link Healthcare Global Bhd's annualized net income for the quarter that ended in Dec. 2025 was RM0.14 Mil. Smile-Link Healthcare Global Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2025 was RM19.56 Mil. Therefore, Smile-Link Healthcare Global Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.74%.

The historical rank and industry rank for Smile-Link Healthcare Global Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:03023' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.85   Med: 4.43   Max: 71.05
Current: -2.9

During the past 9 years, Smile-Link Healthcare Global Bhd's highest Return-on-Tangible-Equity was 71.05%. The lowest was -7.85%. And the median was 4.43%.

XKLS:03023's Return-on-Tangible-Equity is ranked worse than
77.76% of 580 companies
in the Healthcare Providers & Services industry
Industry Median: 10.065 vs XKLS:03023: -2.90

Smile-Link Healthcare Global Bhd  (XKLS:03023) 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.


Smile-Link Healthcare Global Bhd Return-on-Tangible-Equity Related Terms


Smile-Link Healthcare Global Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Smile-Link Healthcare Global 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.

Smile-Link Healthcare Global Bhd Return-on-Tangible-Equity Chart

Smile-Link Healthcare Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 3.93 -7.85 4.43 0.39 -0.55

Smile-Link Healthcare Global Bhd Semi-Annual Data
Dec16 Dec17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.26 -38.78 5.26 -6.46 0.74

XKLS:03023 vs HCA, THC, DVA: Return-on-Tangible-Equity Comparison

For the Medical Care Facilities subindustry, Smile-Link Healthcare Global 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.


Smile-Link Healthcare Global Bhd Return-on-Tangible-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Smile-Link Healthcare Global Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Smile-Link Healthcare Global Bhd's Return-on-Tangible-Equity falls into.



Smile-Link Healthcare Global Bhd Return-on-Tangible-Equity Calculation

Smile-Link Healthcare Global Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Dec. 2023 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Dec. 2023 )(A: Jun. 2025 )
=-0.118/( (23.61+19.535 )/ 2 )
=-0.118/21.5725
=-0.55 %

Smile-Link Healthcare Global Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=0.144/( (19.535+19.591)/ 2 )
=0.144/19.563
=0.74 %

* 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 two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.74% mean?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a Return-on-Tangible-Equity of 0.74% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Smile-Link Healthcare Global Bhd and its competitors. This is 83% below median its historical median of 4.43. According to the industry distribution chart, Smile-Link Healthcare Global Bhd ranks #451 out of 580 companies in the Healthcare Providers & Services industry, placing it in the top 77.8%.
Is Smile-Link Healthcare Global Bhd's Return-on-Tangible-Equity too high?
Smile-Link Healthcare Global Bhd's current Return-on-Tangible-Equity of 0.74% is 83% below median its 10-year median of 4.43. The Healthcare Providers & Services industry median Return-on-Tangible-Equity is 10.07. Smile-Link Healthcare Global Bhd's value of 0.74% is 92.6% below this industry median. Based on the distribution chart, Smile-Link Healthcare Global Bhd ranks #451 out of 580 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does Smile-Link Healthcare Global Bhd's Return-on-Tangible-Equity compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Smile-Link Healthcare Global Bhd ranks #451 out of 580 companies for Return-on-Tangible-Equity. This places Smile-Link Healthcare Global Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.07. Smile-Link Healthcare Global Bhd's value of 0.74% is 92.6% below this benchmark. While the company's 10-year median is 4.43 vs. the industry median of 10.07, Smile-Link Healthcare Global 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.07, based on 580 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. Smile-Link Healthcare Global Bhd's current Return-on-Tangible-Equity of 0.74% is 92.6% 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 Smile-Link Healthcare Global Bhd and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smile-Link Healthcare Global Bhd's current Return-on-Tangible-Equity is 0.74%, which is 83% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smile-Link Healthcare Global Bhd stock overvalued right now?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a current Return-on-Tangible-Equity of 0.74%. The stock's GF Value™ is RM0.10, compared to a current price of RM0.10 — trading right at its estimated fair value. The current Return-on-Tangible-Equity is 0.74%, which is 83% below median its 10-year median of 4.43 and 92.6% below the Healthcare Providers & Services industry median of 10.07. 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 Smile-Link Healthcare Global Bhd (XKLS:03023), the current Return-on-Tangible-Equity is 0.74% as of Dec. 2025. 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.

Smile-Link Healthcare Global Bhd Business Description

Address Jalan Merah Caga, Lot PT 7221, Taman Sri Endah, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000
Smile-Link Healthcare Global Bhd through its subsidiaries, is engaged in providing dental healthcare services in Malaysia. Its reportable operating segments are; Provision of dental services which derives maximum revenue, Trading and distribution of dental and pharmaceutical products, Others, comprising dental labs and manufacturing of dental instruments, and Investment holding.