Adnex Group BhdXKLS:0396 +2.67%13 Return-on-Tangible-Equity is 7.28% as of Mar. 2026, which is 90% below its 10-year median of 73.81. GuruFocus rates XKLS:0396 with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 1,704 Construction companies, Adnex Group Bhd ranks worse than 71.13% 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. Adnex Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM2.34 Mil. Adnex Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM32.09 Mil. Therefore, Adnex Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.28%.
The historical rank and industry rank for Adnex Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0396'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.82 Med: 73.81 Max: 80.41
Current: 1.82
During the past 3 years, Adnex Group Bhd's highest Return-on-Tangible-Equity was 80.41%. The lowest was 1.82%. And the median was 73.81%.
XKLS:0396's Return-on-Tangible-Equity is ranked worse than 71.13% of 1704
companies
in the Construction industry
Industry Median: 8.245
vs XKLS:0396: 1.82
Adnex Group Bhd (XKLS:0396) 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.
Adnex Group Bhd Return-on-Tangible-Equity Related Terms
Adnex Group Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Adnex 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.
Adnex Group Bhd Return-on-Tangible-Equity Chart
Adnex Group Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Equity
57.75
73.81
80.41
Adnex Group Bhd Quarterly Data
Dec22
Dec23
Dec24
Sep25
Mar26
Return-on-Tangible-Equity
0.00
0.00
266.42
0.00
7.28
XKLS:0396 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Adnex 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.
Adnex Group Bhd Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Adnex Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Adnex 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 7.28% mean?
Adnex Group Bhd (XKLS:0396) has a Return-on-Tangible-Equity of 7.28% 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 Adnex Group Bhd and its competitors. This is 90% below median its historical median of 73.81. Over the past decade, Adnex Group Bhd's Return-on-Tangible-Equity has ranged from 1.82 to 80.41. According to the industry distribution chart, Adnex Group Bhd ranks #1212 out of 1704 companies in the Construction industry, placing it in the top 71.1%.
Is Adnex Group Bhd's Return-on-Tangible-Equity too high?
Adnex Group Bhd's current Return-on-Tangible-Equity of 7.28% is 90% below median its 10-year median of 73.81. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 80.41. The Construction industry median Return-on-Tangible-Equity is 8.25. Adnex Group Bhd's value of 7.28% is 11.7% below this industry median. Based on the distribution chart, Adnex Group Bhd ranks #1212 out of 1704 companies in the Construction industry, which is below the industry midpoint. Overall, Adnex Group Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Adnex Group Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Adnex Group Bhd ranks #1212 out of 1704 companies for Return-on-Tangible-Equity. This places Adnex Group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.25. Adnex Group Bhd's value of 7.28% is 11.7% below this benchmark. Historically, Adnex Group Bhd's own Return-on-Tangible-Equity has ranged from 1.82 to 80.41 over the past decade. While the company's 10-year median is 73.81 vs. the industry median of 8.25, Adnex 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,704 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. Adnex Group Bhd's current Return-on-Tangible-Equity of 7.28% is 11.7% 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 Adnex Group Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adnex Group Bhd's current Return-on-Tangible-Equity is 7.28%, which is 90% below median its own 10-year median of 73.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adnex Group Bhd stock overvalued right now?
Adnex Group Bhd (XKLS:0396) has a current Return-on-Tangible-Equity of 7.28%. The current Return-on-Tangible-Equity is 7.28%, which is 90% below median its 10-year median of 73.81 and 11.7% below the Construction industry median of 8.25. Adnex Group Bhd's overall GF Score™ is 13/100 with 5 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 Adnex Group Bhd (XKLS:0396), the current Return-on-Tangible-Equity is 7.28% 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.
Adnex Group Bhd is an investment holding company. Through its Subsidiaries, the company is principally involved in the provision of interior fit-out services, which involve the process of actualisation of designs in the interior space. It specialises in providing interior fit-out services for commercial and industrial properties, mainly for use as corporate offices, F&B outlets and sales galleries. The company's business segments include Interior fit-out works and Turnkey fit-out services. The majority of revenue is derived from the Interior fit-out works segment, which provides interior fit-out projects based on designs provided by customers. Geographically, it derives the maximum revenue from Malaysia.
13GF Score
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