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Myaxis Group BhdXKLS:03064 13 Return-on-Tangible-Equity is 29.49% as of Jan. 2026, which is 21% below its 10-year median of 37.29. GuruFocus rates XKLS:03064 with a GF Score™ of 13/100. Among 300 Retail - Defensive companies, Myaxis Group Bhd ranks better than 80.33% 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. Myaxis Group Bhd's annualized net income for the quarter that ended in Jan. 2026 was RM4.5 Mil. Myaxis Group Bhd's average shareholder tangible equity for the quarter that ended in Jan. 2026 was RM15.4 Mil. Therefore, Myaxis Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 29.49%.
The historical rank and industry rank for Myaxis Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:03064'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 33.09 Med: 37.29 Max: 48.62
Current: 33.09
During the past 3 years, Myaxis Group Bhd's highest Return-on-Tangible-Equity was 48.62%. The lowest was 33.09%. And the median was 37.29%.
XKLS:03064's Return-on-Tangible-Equity is ranked better than 80.33% of 300
companies
in the Retail - Defensive industry
Industry Median: 10.955
vs XKLS:03064: 33.09
Myaxis Group Bhd (XKLS:03064) 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.
Myaxis Group Bhd Return-on-Tangible-Equity Related Terms
Myaxis Group Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Myaxis Group 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:03064 vs SYY, USFD, PFGC: Return-on-Tangible-Equity Comparison
For the Food Distribution subindustry, Myaxis Group 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.
Myaxis Group Bhd Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Myaxis Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Myaxis Group 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 29.49% mean?
Myaxis Group Bhd (XKLS:03064) has a Return-on-Tangible-Equity of 29.49% 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 Myaxis Group Bhd and its competitors. This is 21% below median its historical median of 37.29. Over the past decade, Myaxis Group Bhd's Return-on-Tangible-Equity has ranged from 33.09 to 48.62. According to the industry distribution chart, Myaxis Group Bhd ranks #59 out of 300 companies in the Retail - Defensive industry, placing it in the top 19.7%.
Is Myaxis Group Bhd's Return-on-Tangible-Equity too high?
Myaxis Group Bhd's current Return-on-Tangible-Equity of 29.49% is 21% below median its 10-year median of 37.29. Over the past 10 years, this metric has ranged from a low of 33.09 to a high of 48.62. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.96. Myaxis Group Bhd's value of 29.49% is 169.2% above this industry median. Based on the distribution chart, Myaxis Group Bhd ranks #59 out of 300 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Myaxis Group Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Myaxis Group Bhd's Return-on-Tangible-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Myaxis Group Bhd ranks #59 out of 300 companies for Return-on-Tangible-Equity. This places Myaxis Group Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.96. Myaxis Group Bhd's value of 29.49% is 169.2% above this benchmark. Historically, Myaxis Group Bhd's own Return-on-Tangible-Equity has ranged from 33.09 to 48.62 over the past decade. While the company's 10-year median is 37.29 vs. the industry median of 10.96, Myaxis Group 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.96, based on 300 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. Myaxis Group Bhd's current Return-on-Tangible-Equity of 29.49% is 169.2% 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 Myaxis Group Bhd and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myaxis Group Bhd's current Return-on-Tangible-Equity is 29.49%, which is 21% below median its own 10-year median of 37.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myaxis Group Bhd stock overvalued right now?
Myaxis Group Bhd (XKLS:03064) has a current Return-on-Tangible-Equity of 29.49%. The current Return-on-Tangible-Equity is 29.49%, which is 21% below median its 10-year median of 37.29 and 169.2% above the Retail - Defensive industry median of 10.96. Myaxis Group Bhd's overall GF Score™ is 13/100. 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 Myaxis Group Bhd (XKLS:03064), the current Return-on-Tangible-Equity is 29.49% 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.
Myaxis Group Bhd is involved in the sourcing and distribution of frozen meat products. It also sources and distributes other types of meat, including frozen red meat products (namely beef, buffalo, lamb and mutton products). Its processed meat products are processed at its processing facility in Alor Setar, Kedah. The company also source and distribute other frozen food products such as frozen seafood, as and when requested by its customers.
13GF Score
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