Carlo Rino Group BhdXKLS:0335 59 Return-on-Tangible-Equity is 13.67% as of Mar. 2026, which is 56% above its 10-year median of 8.77. GuruFocus rates XKLS:0335 with a GF Score™ of 59/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,011 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 63.3% 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. Carlo Rino Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM21.88 Mil. Carlo Rino Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM160.04 Mil. Therefore, Carlo Rino Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.67%.
The historical rank and industry rank for Carlo Rino Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0335'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.14 Med: 8.77 Max: 27.38
Current: 7.69
During the past 10 years, Carlo Rino Group Bhd's highest Return-on-Tangible-Equity was 27.38%. The lowest was 4.14%. And the median was 8.77%.
XKLS:0335's Return-on-Tangible-Equity is ranked better than 63.3% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs XKLS:0335: 7.69
Carlo Rino Group Bhd (XKLS:0335) 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.
Carlo Rino Group Bhd Return-on-Tangible-Equity Related Terms
Carlo Rino Group Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Carlo Rino 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.
Carlo Rino Group Bhd Return-on-Tangible-Equity Chart
XKLS:0335 vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Carlo Rino 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.
Carlo Rino Group Bhd Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Carlo Rino 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 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 13.67% mean?
Carlo Rino Group Bhd (XKLS:0335) has a Return-on-Tangible-Equity of 13.67% 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 Carlo Rino Group Bhd and its competitors. This is 56% above median its historical median of 8.77. Over the past decade, Carlo Rino Group Bhd's Return-on-Tangible-Equity has ranged from 4.14 to 27.38. According to the industry distribution chart, Carlo Rino Group Bhd ranks #371 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.7%.
Is Carlo Rino Group Bhd's Return-on-Tangible-Equity too high?
Carlo Rino Group Bhd's current Return-on-Tangible-Equity of 13.67% is 56% above median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 27.38. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Carlo Rino Group Bhd's value of 13.67% is 208.6% above this industry median. Based on the distribution chart, Carlo Rino Group Bhd ranks #371 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Carlo Rino Group Bhd has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #371 out of 1011 companies for Return-on-Tangible-Equity. This puts Carlo Rino Group Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Carlo Rino Group Bhd's value of 13.67% is 208.6% above this benchmark. Historically, Carlo Rino Group Bhd's own Return-on-Tangible-Equity has ranged from 4.14 to 27.38 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 4.43, Carlo Rino 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,011 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. Carlo Rino Group Bhd's current Return-on-Tangible-Equity of 13.67% is 208.6% 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Rino Group Bhd's current Return-on-Tangible-Equity is 13.67%, which is 56% above median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.20 — trading 30.4% below its estimated fair value. The current Return-on-Tangible-Equity is 13.67%, which is 56% above median its 10-year median of 8.77 and 208.6% above the Manufacturing - Apparel & Accessories industry median of 4.43. Carlo Rino Group Bhd's overall GF Score™ is 59/100 with 4 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 Carlo Rino Group Bhd (XKLS:0335), the current Return-on-Tangible-Equity is 13.67% 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?
Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 30.4% below its estimated GF Value™ of RM0.28.
GuruFocus considers Carlo Rino Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0335:
Return-on-Tangible-Equity: 13.67% (56% above median its 10-year median of 8.77)
GF Value™: RM0.28 vs. price of RM0.20 (30.4% below fair value)
Industry Position: 208.6% above the Manufacturing - Apparel & Accessories median (#371 of 1011)
No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
59GF Score
Get the complete analysis for XKLS:0335
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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