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CE Technology BhdXKLS:03024 76 Return-on-Tangible-Equity is 7.74% as of Jan. 2026, which is 36% below its 10-year median of 12.17. GuruFocus rates XKLS:03024 with a GF Score™ of 76/100 and a GF Value™ of RM1.65. The stock has 2 warning signs investors should review. Among 1,570 Chemicals companies, CE Technology Bhd ranks better than 60.51% 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. CE Technology Bhd's annualized net income for the quarter that ended in Jan. 2026 was RM9.5 Mil. CE Technology Bhd's average shareholder tangible equity for the quarter that ended in Jan. 2026 was RM122.6 Mil. Therefore, CE Technology Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 7.74%.
The historical rank and industry rank for CE Technology Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:03024'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.32 Med: 12.17 Max: 52.24
Current: 7.88
During the past 10 years, CE Technology Bhd's highest Return-on-Tangible-Equity was 52.24%. The lowest was -2.32%. And the median was 12.17%.
XKLS:03024's Return-on-Tangible-Equity is ranked better than 60.51% of 1570
companies
in the Chemicals industry
Industry Median: 5.78
vs XKLS:03024: 7.88
CE Technology Bhd (XKLS:03024) 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.
CE Technology Bhd Return-on-Tangible-Equity Related Terms
CE Technology Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CE Technology 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:03024 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, CE Technology 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.
CE Technology Bhd Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CE Technology Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CE Technology 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 two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.74% mean?
CE Technology Bhd (XKLS:03024) has a Return-on-Tangible-Equity of 7.74% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CE Technology Bhd and its competitors. This is 36% below median its historical median of 12.17. According to the industry distribution chart, CE Technology Bhd ranks #620 out of 1570 companies in the Chemicals industry, placing it in the top 39.5%.
Is CE Technology Bhd's Return-on-Tangible-Equity too high?
CE Technology Bhd's current Return-on-Tangible-Equity of 7.74% is 36% below median its 10-year median of 12.17. The Chemicals industry median Return-on-Tangible-Equity is 5.78. CE Technology Bhd's value of 7.74% is 33.9% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #620 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #620 out of 1570 companies for Return-on-Tangible-Equity. This puts CE Technology Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.78. CE Technology Bhd's value of 7.74% is 33.9% above this benchmark. While the company's 10-year median is 12.17 vs. the industry median of 5.78, CE Technology 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.78, based on 1,570 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. CE Technology Bhd's current Return-on-Tangible-Equity of 7.74% is 33.9% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current Return-on-Tangible-Equity is 7.74%, which is 36% below median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
CE Technology Bhd (XKLS:03024) has a current Return-on-Tangible-Equity of 7.74%. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current Return-on-Tangible-Equity is 7.74%, which is 36% below median its 10-year median of 12.17 and 33.9% above the Chemicals industry median of 5.78. CE Technology Bhd's overall GF Score™ is 76/100 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 CE Technology Bhd (XKLS:03024), the current Return-on-Tangible-Equity is 7.74% as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?
Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued.
The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.
Key valuation signals for XKLS:03024:
Return-on-Tangible-Equity: 7.74% (36% below median its 10-year median of 12.17)
GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
Industry Position: 33.9% above the Chemicals median (#620 of 1570)
No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
76GF Score
Get the complete analysis for XKLS:03024
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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