Saliran Group BhdXKLS:0346 -2.63%12 Return-on-Tangible-Equity is 14.80% as of Mar. 2026, which is 59% below its 10-year median of 35.78. GuruFocus rates XKLS:0346 with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 615 Steel companies, Saliran Group Bhd ranks better than 86.5% 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. Saliran Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM11.1 Mil. Saliran Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM75.1 Mil. Therefore, Saliran Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.80%.
The historical rank and industry rank for Saliran Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0346'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.6 Med: 35.78 Max: 39.41
Current: 14.6
During the past 5 years, Saliran Group Bhd's highest Return-on-Tangible-Equity was 39.41%. The lowest was 14.60%. And the median was 35.78%.
XKLS:0346's Return-on-Tangible-Equity is ranked better than 86.5% of 615
companies
in the Steel industry
Industry Median: 3.97
vs XKLS:0346: 14.60
Saliran Group Bhd (XKLS:0346) 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.
Saliran Group Bhd Return-on-Tangible-Equity Related Terms
Saliran Group Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Saliran 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:0346 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Saliran 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.
Saliran Group Bhd Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Saliran Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Saliran 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 14.80% mean?
Saliran Group Bhd (XKLS:0346) has a Return-on-Tangible-Equity of 14.80% 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 Saliran Group Bhd and its competitors. This is 59% below median its historical median of 35.78. Over the past decade, Saliran Group Bhd's Return-on-Tangible-Equity has ranged from 14.60 to 39.41. According to the industry distribution chart, Saliran Group Bhd ranks #83 out of 615 companies in the Steel industry, placing it in the top 13.5%.
Is Saliran Group Bhd's Return-on-Tangible-Equity too high?
Saliran Group Bhd's current Return-on-Tangible-Equity of 14.80% is 59% below median its 10-year median of 35.78. Over the past 10 years, this metric has ranged from a low of 14.60 to a high of 39.41. The Steel industry median Return-on-Tangible-Equity is 3.97. Saliran Group Bhd's value of 14.80% is 272.8% above this industry median. Based on the distribution chart, Saliran Group Bhd ranks #83 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Saliran Group Bhd has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Saliran Group Bhd's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Saliran Group Bhd ranks #83 out of 615 companies for Return-on-Tangible-Equity. This places Saliran Group Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.97. Saliran Group Bhd's value of 14.80% is 272.8% above this benchmark. Historically, Saliran Group Bhd's own Return-on-Tangible-Equity has ranged from 14.60 to 39.41 over the past decade. While the company's 10-year median is 35.78 vs. the industry median of 3.97, Saliran 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.97, based on 615 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. Saliran Group Bhd's current Return-on-Tangible-Equity of 14.80% is 272.8% 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 Saliran Group Bhd and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saliran Group Bhd's current Return-on-Tangible-Equity is 14.80%, which is 59% below median its own 10-year median of 35.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saliran Group Bhd stock overvalued right now?
Saliran Group Bhd (XKLS:0346) has a current Return-on-Tangible-Equity of 14.80%. The current Return-on-Tangible-Equity is 14.80%, which is 59% below median its 10-year median of 35.78 and 272.8% above the Steel industry median of 3.97. Saliran Group Bhd's overall GF Score™ is 12/100 with 1 warning sign 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 Saliran Group Bhd (XKLS:0346), the current Return-on-Tangible-Equity is 14.80% 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.
Saliran Group Bhd is involved in the supply and distribution of pipes, fittings, flanges, and related parts and accessories, as well as steel products, where its products are used in the oil and gas industry. It also manufactures fittings and flanges to complement its supply and distribution business. Its products are Pipes, fittings and flanges as well as related parts and accessories, which are used for the transfer of fluid and gaseous substances in production and refining/processing activities; and Steel products, which include steel beams, steel bars, steel plates and steel sections which are used as structural support for the installation of its pipes, fittings and flanges and/or for the construction of process plants. It derives the majority of its revenue from the Trading segment.
12GF Score
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