Kee Ming Group Bhd (XKLS:0392) Return-on-Tangible-Equity: 42.27% (As of Mar. 2026) — Near Median


XKLS:0392 Kee Ming Group Bhd XKLS:0392
21 GF Score
Price RM1.76
! 3 Warning Signs
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What is Kee Ming Group Bhd Return-on-Tangible-Equity?

Kee Ming Group Bhd XKLS:0392 -2.22% 21 Return-on-Tangible-Equity is 42.27% as of Mar. 2026, which is 4% below its 10-year median of 44.10. GuruFocus rates XKLS:0392 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Kee Ming Group Bhd ranks better than 93.33% 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. Kee Ming Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM23.0 Mil. Kee Ming Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM54.3 Mil. Therefore, Kee Ming Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 42.27%.

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

XKLS:0392' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.59   Med: 44.1   Max: 62.36
Current: 37.66

During the past 4 years, Kee Ming Group Bhd's highest Return-on-Tangible-Equity was 62.36%. The lowest was 9.59%. And the median was 44.10%.

XKLS:0392's Return-on-Tangible-Equity is ranked better than
93.33% of 2969 companies
in the Industrial Products industry
Industry Median: 6.72 vs XKLS:0392: 37.66

Kee Ming Group Bhd  (XKLS:0392) 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.


Kee Ming Group Bhd Return-on-Tangible-Equity Related Terms


Kee Ming Group Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kee Ming 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.

Kee Ming Group Bhd Return-on-Tangible-Equity Chart

Kee Ming Group Bhd Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
9.59 62.36 48.63 39.56

Kee Ming Group Bhd Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 40.70 53.45 28.03 42.27

XKLS:0392 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Kee Ming 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.


Kee Ming Group Bhd Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kee Ming Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:

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


XKLS:0392
21GF Score
Kee Ming Group Bhd XKLS:0392
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Kee Ming Group Bhd Return-on-Tangible-Equity Calculation

Kee Ming Group Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=16.266/( (20.895+61.339 )/ 2 )
=16.266/41.117
=39.56 %

Kee Ming 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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=22.97/( (47.334+61.339)/ 2 )
=22.97/54.3365
=42.27 %

* 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 (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 42.27% mean?
Kee Ming Group Bhd (XKLS:0392) has a Return-on-Tangible-Equity of 42.27% 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 Kee Ming Group Bhd and its competitors. This is near median its historical median of 44.10. Over the past decade, Kee Ming Group Bhd's Return-on-Tangible-Equity has ranged from 9.59 to 62.36. According to the industry distribution chart, Kee Ming Group Bhd ranks #198 out of 2969 companies in the Industrial Products industry, placing it in the top 6.7%.
Is Kee Ming Group Bhd's Return-on-Tangible-Equity too high?
Kee Ming Group Bhd's current Return-on-Tangible-Equity of 42.27% is near median its 10-year median of 44.10. Over the past 10 years, this metric has ranged from a low of 9.59 to a high of 62.36. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Kee Ming Group Bhd's value of 42.27% is 529% above this industry median. Based on the distribution chart, Kee Ming Group Bhd ranks #198 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kee Ming Group Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Kee Ming Group Bhd's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kee Ming Group Bhd ranks #198 out of 2969 companies for Return-on-Tangible-Equity. This places Kee Ming Group Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Kee Ming Group Bhd's value of 42.27% is 529% above this benchmark. Historically, Kee Ming Group Bhd's own Return-on-Tangible-Equity has ranged from 9.59 to 62.36 over the past decade. While the company's 10-year median is 44.10 vs. the industry median of 6.72, Kee Ming 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Kee Ming Group Bhd's current Return-on-Tangible-Equity of 42.27% is 529% 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 Kee Ming Group Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kee Ming Group Bhd's current Return-on-Tangible-Equity is 42.27%, which is near median its own 10-year median of 44.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kee Ming Group Bhd stock overvalued right now?
Kee Ming Group Bhd (XKLS:0392) has a current Return-on-Tangible-Equity of 42.27%. The current Return-on-Tangible-Equity is 42.27%, which is near median its 10-year median of 44.10 and 529% above the Industrial Products industry median of 6.72. Kee Ming Group Bhd's overall GF Score™ is 21/100 with 3 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 Kee Ming Group Bhd (XKLS:0392), the current Return-on-Tangible-Equity is 42.27% 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.

Kee Ming Group Bhd Business Description

Address Jalan Pusat Perniagaan Falim 3, No. 19, 19A & 19B, Pusat Perniagaan Falim, Ipoh, PRK, MYS, 30200
Kee Ming Group Bhd is an investment holding company. The company, along with its subsidiaries, operates as a provider of mechanical and electrical (M&E) engineering solutions in Malaysia. Its business segments are: Provision of M&E engineering services that involves providing M&E engineering services for a wide range of facilities including residential, commercial and industrial developments, as well as other clean energy, public infrastructure and interconnection facilities; and Provision of maintenance and repair services that includes offering ongoing maintenance and repair services for M&E equipment and systems. The majority of the company's revenue is derived from the M&E engineering services segment. Geographically, it operates only in Malaysia.
21GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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