MSB Global Group Bhd (XKLS:0350) Return-on-Tangible-Equity: 5.39% (As of Mar. 2026) — 77% Below Median


What is MSB Global Group Bhd Return-on-Tangible-Equity?

MSB Global Group Bhd XKLS:0350 Return-on-Tangible-Equity is 5.39% as of Mar. 2026, which is 77% below its 10-year median of 22.98. The stock has 3 warning signs investors should review. Among 1,283 Vehicles & Parts companies, MSB Global Group Bhd ranks worse than 66.95% 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. MSB Global Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM3.92 Mil. MSB Global Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM72.71 Mil. Therefore, MSB Global Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.39%.

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

XKLS:0350' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.39   Med: 22.98   Max: 49.23
Current: 3.39

During the past 5 years, MSB Global Group Bhd's highest Return-on-Tangible-Equity was 49.23%. The lowest was 3.39%. And the median was 22.98%.

XKLS:0350's Return-on-Tangible-Equity is ranked worse than
66.95% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 7.47 vs XKLS:0350: 3.39

MSB Global Group Bhd  (XKLS:0350) 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.


MSB Global Group Bhd Return-on-Tangible-Equity Related Terms


MSB Global Group Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for MSB Global 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.

MSB Global Group Bhd Return-on-Tangible-Equity Chart

MSB Global Group Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
28.01 49.23 22.52 22.98 4.76

MSB Global Group Bhd Quarterly Data
Dec21 Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 -9.65 4.65 10.34 5.39

XKLS:0350 vs ORLY, AZO: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, MSB Global 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.


MSB Global Group Bhd Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MSB Global Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where MSB Global Group Bhd's Return-on-Tangible-Equity falls into.



MSB Global Group Bhd Return-on-Tangible-Equity Calculation

MSB Global Group Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2.775/( (44.304+72.224 )/ 2 )
=2.775/58.264
=4.76 %

MSB Global Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3.92/( (72.224+73.204)/ 2 )
=3.92/72.714
=5.39 %

* 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 5.39% mean?
MSB Global Group Bhd (XKLS:0350) has a Return-on-Tangible-Equity of 5.39% 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 MSB Global Group Bhd and its competitors. This is 77% below median its historical median of 22.98. Over the past decade, MSB Global Group Bhd's Return-on-Tangible-Equity has ranged from 3.39 to 49.23. According to the industry distribution chart, MSB Global Group Bhd ranks #859 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 67%.
Is MSB Global Group Bhd's Return-on-Tangible-Equity too high?
MSB Global Group Bhd's current Return-on-Tangible-Equity of 5.39% is 77% below median its 10-year median of 22.98. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 49.23. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. MSB Global Group Bhd's value of 5.39% is 27.8% below this industry median. Based on the distribution chart, MSB Global Group Bhd ranks #859 out of 1283 companies in the Vehicles & Parts industry, which is below the industry midpoint.
How does MSB Global Group Bhd's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MSB Global Group Bhd ranks #859 out of 1283 companies for Return-on-Tangible-Equity. This places MSB Global Group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. MSB Global Group Bhd's value of 5.39% is 27.8% below this benchmark. Historically, MSB Global Group Bhd's own Return-on-Tangible-Equity has ranged from 3.39 to 49.23 over the past decade. While the company's 10-year median is 22.98 vs. the industry median of 7.47, MSB Global Group 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. MSB Global Group Bhd's current Return-on-Tangible-Equity of 5.39% is 27.8% 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 MSB Global Group Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSB Global Group Bhd's current Return-on-Tangible-Equity is 5.39%, which is 77% below median its own 10-year median of 22.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSB Global Group Bhd stock overvalued right now?
MSB Global Group Bhd (XKLS:0350) has a current Return-on-Tangible-Equity of 5.39%. The current Return-on-Tangible-Equity is 5.39%, which is 77% below median its 10-year median of 22.98 and 27.8% below the Vehicles & Parts industry median of 7.47. 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 MSB Global Group Bhd (XKLS:0350), the current Return-on-Tangible-Equity is 5.39% 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.

MSB Global Group Bhd Business Description

Address No. 12, Jalan Kempas 5/1, Kawasan Perindustrian Kempas, Johor Bahru, JHR, MYS, 81200
MSB Global Group Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the marketing, trading and distribution of aftermarket automotive parts and components as well as automotive lubricants and fluids. The company markets automotive parts and components principally under third-party brands, namely GSP and GOLD, complemented by its in-house brands WHLI, AFA, LOTUS and RAINEATER. The Group is also involved in the trading of other products such as outdoor telecommunication cabinets and related electrical items. Geographically, the company derives maximum revenue from Malaysia.