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AYER Holdings BhdXKLS:2305 -0.68%81 Return-on-Tangible-Equity is 8.89% as of Mar. 2026, which is 104% above its 10-year median of 4.36. GuruFocus rates XKLS:2305 with a GF Score™ of 81/100 and a GF Value™ of RM11.55 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,719 Real Estate companies, AYER Holdings Bhd ranks better than 74.87% 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. AYER Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM54.1 Mil. AYER Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM609.0 Mil. Therefore, AYER Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.89%.
The historical rank and industry rank for AYER Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:2305'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.58 Med: 4.36 Max: 11.19
Current: 11.19
During the past 13 years, AYER Holdings Bhd's highest Return-on-Tangible-Equity was 11.19%. The lowest was 1.58%. And the median was 4.36%.
XKLS:2305's Return-on-Tangible-Equity is ranked better than 74.87% of 1719
companies
in the Real Estate industry
Industry Median: 4.27
vs XKLS:2305: 11.19
AYER Holdings Bhd (XKLS:2305) 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.
AYER Holdings Bhd Return-on-Tangible-Equity Related Terms
AYER Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AYER 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.
AYER Holdings Bhd Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, AYER 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.
AYER Holdings Bhd Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AYER Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AYER 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 8.89% mean?
AYER Holdings Bhd (XKLS:2305) has a Return-on-Tangible-Equity of 8.89% 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 AYER Holdings Bhd and its competitors. This is 104% above median its historical median of 4.36. Over the past decade, AYER Holdings Bhd's Return-on-Tangible-Equity has ranged from 1.58 to 11.19. According to the industry distribution chart, AYER Holdings Bhd ranks #432 out of 1719 companies in the Real Estate industry, placing it in the top 25.1%.
Is AYER Holdings Bhd's Return-on-Tangible-Equity too high?
AYER Holdings Bhd's current Return-on-Tangible-Equity of 8.89% is 104% above median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 11.19. The Real Estate industry median Return-on-Tangible-Equity is 4.27. AYER Holdings Bhd's value of 8.89% is 108.2% above this industry median. Based on the distribution chart, AYER Holdings Bhd ranks #432 out of 1719 companies in the Real Estate industry, which is above the industry midpoint. Overall, AYER Holdings Bhd has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AYER Holdings Bhd's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, AYER Holdings Bhd ranks #432 out of 1719 companies for Return-on-Tangible-Equity. This puts AYER Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. AYER Holdings Bhd's value of 8.89% is 108.2% above this benchmark. Historically, AYER Holdings Bhd's own Return-on-Tangible-Equity has ranged from 1.58 to 11.19 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 4.27, AYER 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,719 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. AYER Holdings Bhd's current Return-on-Tangible-Equity of 8.89% is 108.2% 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 AYER Holdings Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYER Holdings Bhd's current Return-on-Tangible-Equity is 8.89%, which is 104% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYER Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYER Holdings Bhd (XKLS:2305) is currently considered Possible Value Trap. The stock's GF Value™ is RM11.55, compared to a current price of RM7.30 — trading 36.8% below its estimated fair value. The current Return-on-Tangible-Equity is 8.89%, which is 104% above median its 10-year median of 4.36 and 108.2% above the Real Estate industry median of 4.27. AYER Holdings Bhd's overall GF Score™ is 81/100 with 2 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 AYER Holdings Bhd (XKLS:2305), the current Return-on-Tangible-Equity is 8.89% 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.
Is AYER Holdings Bhd (XKLS:2305) Overvalued in 2026?
Based on GuruFocus' analysis, AYER Holdings Bhd stock appears to be undervalued.
The current stock price of RM7.30 is trading 36.8% below its estimated GF Value™ of RM11.55.
GuruFocus considers AYER Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:2305:
Return-on-Tangible-Equity: 8.89% (104% above median its 10-year median of 4.36)
GF Value™: RM11.55 vs. price of RM7.30 (36.8% below fair value)
Industry Position: 108.2% above the Real Estate median (#432 of 1719)
No single metric tells the full story. See the XKLS:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AYER Holdings Bhd is an investment holding company. The principal activities of the company and its subsidiaries are categorized into two segments, namely Property Development, Plantation, and Others. Its Property development segment is engaged in developing residential and commercial properties. Its Plantation segment is involved in cultivating oil palm and durian. Other segments include investments, management services and others. The majority of revenue is earned from the Property development segment.
81GF Score
Get the complete analysis for XKLS:2305
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