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Cheeding Holdings BhdXKLS:0372 -3.20%18 Return-on-Tangible-Equity is 29.88% as of Mar. 2026, which is 17% below its 10-year median of 35.84. GuruFocus rates XKLS:0372 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,710 Construction companies, Cheeding Holdings Bhd ranks better than 81.87% 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. Cheeding Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM39.00 Mil. Cheeding Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM130.53 Mil. Therefore, Cheeding Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.88%.
The historical rank and industry rank for Cheeding Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0372'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.46 Med: 35.84 Max: 58.78
Current: 25.95
During the past 5 years, Cheeding Holdings Bhd's highest Return-on-Tangible-Equity was 58.78%. The lowest was -1.46%. And the median was 35.84%.
XKLS:0372's Return-on-Tangible-Equity is ranked better than 81.87% of 1710
companies
in the Construction industry
Industry Median: 8.2
vs XKLS:0372: 25.95
Cheeding Holdings Bhd (XKLS:0372) 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.
Cheeding Holdings Bhd Return-on-Tangible-Equity Related Terms
Cheeding Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cheeding Holdings 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.
Cheeding Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:0372 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Cheeding Holdings 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.
Cheeding Holdings Bhd Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Cheeding Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cheeding Holdings 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 29.88% mean?
Cheeding Holdings Bhd (XKLS:0372) has a Return-on-Tangible-Equity of 29.88% 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 Cheeding Holdings Bhd and its competitors. This is 17% below median its historical median of 35.84. According to the industry distribution chart, Cheeding Holdings Bhd ranks #310 out of 1710 companies in the Construction industry, placing it in the top 18.1%.
Is Cheeding Holdings Bhd's Return-on-Tangible-Equity too high?
Cheeding Holdings Bhd's current Return-on-Tangible-Equity of 29.88% is 17% below median its 10-year median of 35.84. The Construction industry median Return-on-Tangible-Equity is 8.20. Cheeding Holdings Bhd's value of 29.88% is 264.4% above this industry median. Based on the distribution chart, Cheeding Holdings Bhd ranks #310 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Cheeding Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Cheeding Holdings Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Cheeding Holdings Bhd ranks #310 out of 1710 companies for Return-on-Tangible-Equity. This places Cheeding Holdings Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.20. Cheeding Holdings Bhd's value of 29.88% is 264.4% above this benchmark. While the company's 10-year median is 35.84 vs. the industry median of 8.20, Cheeding Holdings 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,710 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. Cheeding Holdings Bhd's current Return-on-Tangible-Equity of 29.88% is 264.4% 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 Cheeding Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheeding Holdings Bhd's current Return-on-Tangible-Equity is 29.88%, which is 17% below median its own 10-year median of 35.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheeding Holdings Bhd stock overvalued right now?
Cheeding Holdings Bhd (XKLS:0372) has a current Return-on-Tangible-Equity of 29.88%. The current Return-on-Tangible-Equity is 29.88%, which is 17% below median its 10-year median of 35.84 and 264.4% above the Construction industry median of 8.20. Cheeding Holdings Bhd's overall GF Score™ is 18/100 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 Cheeding Holdings Bhd (XKLS:0372), the current Return-on-Tangible-Equity is 29.88% 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.
Cheeding Holdings Bhd is an investment holding company. Through its subsidiaries, It is predominantly involved in the provision of utilities engineering solutions where the main activities involve the EPCC and maintenance of overhead infrastructure for utilities, EPCC of underground infrastructure for utilities and substation engineering services.
18GF Score
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