United Malacca Bhd (XKLS:2593) Return-on-Tangible-Equity: 6.31% (As of Apr. 2026) — 38% Above Median


XKLS:2593 United Malacca Bhd XKLS:2593
82 GF Score
Price RM5.98
GF Value RM6.64
Valuation Modestly Undervalued
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What is United Malacca Bhd Return-on-Tangible-Equity?

United Malacca Bhd XKLS:2593 -0.33% 82 Return-on-Tangible-Equity is 6.31% as of Apr. 2026, which is 38% above its 10-year median of 4.56. GuruFocus rates XKLS:2593 with a GF Score™ of 82/100 and a GF Value™ of RM6.64 (Modestly Undervalued). Among 1,878 Consumer Packaged Goods companies, United Malacca Bhd ranks better than 57.19% 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. United Malacca Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM92.7 Mil. United Malacca Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM1,469.1 Mil. Therefore, United Malacca Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 6.31%.

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

XKLS:2593' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.48   Med: 4.56   Max: 10.32
Current: 10.11

During the past 13 years, United Malacca Bhd's highest Return-on-Tangible-Equity was 10.32%. The lowest was -3.48%. And the median was 4.56%.

XKLS:2593's Return-on-Tangible-Equity is ranked better than
57.19% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs XKLS:2593: 10.11

United Malacca Bhd  (XKLS:2593) 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.


United Malacca Bhd Return-on-Tangible-Equity Related Terms


United Malacca Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for United Malacca 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.

United Malacca Bhd Return-on-Tangible-Equity Chart

United Malacca Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.47 5.06 4.06 7.47 10.32

United Malacca Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.81 10.96 15.32 7.77 6.31

XKLS:2593 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, United Malacca 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.


United Malacca Bhd Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Malacca Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where United Malacca Bhd's Return-on-Tangible-Equity falls into.


XKLS:2593
82GF Score
United Malacca Bhd XKLS:2593
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Malacca Bhd Return-on-Tangible-Equity Calculation

United Malacca Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=144.678/( (1325.527+1478.154 )/ 2 )
=144.678/1401.8405
=10.32 %

United Malacca Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=92.68/( (1460.023+1478.154)/ 2 )
=92.68/1469.0885
=6.31 %

* 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 (Apr. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.31% mean?
United Malacca Bhd (XKLS:2593) has a Return-on-Tangible-Equity of 6.31% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on United Malacca Bhd and its competitors. This is 38% above median its historical median of 4.56. According to the industry distribution chart, United Malacca Bhd ranks #804 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 42.8%.
Is United Malacca Bhd's Return-on-Tangible-Equity too high?
United Malacca Bhd's current Return-on-Tangible-Equity of 6.31% is 38% above median its 10-year median of 4.56. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. United Malacca Bhd's value of 6.31% is 18.9% below this industry median. Based on the distribution chart, United Malacca Bhd ranks #804 out of 1878 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, United Malacca Bhd has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Malacca Bhd's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, United Malacca Bhd ranks #804 out of 1878 companies for Return-on-Tangible-Equity. This puts United Malacca Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.78. United Malacca Bhd's value of 6.31% is 18.9% below this benchmark. While the company's 10-year median is 4.56 vs. the industry median of 7.78, United Malacca 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 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. United Malacca Bhd's current Return-on-Tangible-Equity of 6.31% is 18.9% 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 United Malacca Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Malacca Bhd's current Return-on-Tangible-Equity is 6.31%, which is 38% above median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Malacca Bhd stock overvalued right now?
Based on GuruFocus' analysis, United Malacca Bhd (XKLS:2593) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.64, compared to a current price of RM5.98 — trading 9.9% below its estimated fair value. The current Return-on-Tangible-Equity is 6.31%, which is 38% above median its 10-year median of 4.56 and 18.9% below the Consumer Packaged Goods industry median of 7.78. United Malacca Bhd's overall GF Score™ is 82/100. 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 United Malacca Bhd (XKLS:2593), the current Return-on-Tangible-Equity is 6.31% as of Apr. 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 United Malacca Bhd (XKLS:2593) Overvalued in 2026?

Based on GuruFocus' analysis, United Malacca Bhd stock appears to be undervalued. The current stock price of RM5.98 is trading 9.9% below its estimated GF Value™ of RM6.64. GuruFocus considers United Malacca Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2593:

  • Return-on-Tangible-Equity: 6.31% (38% above median its 10-year median of 4.56)
  • GF Value™: RM6.64 vs. price of RM5.98 (9.9% below fair value)
  • GF Score™: 82/100
  • Industry Position: 18.9% below the Consumer Packaged Goods median (#804 of 1878)

No single metric tells the full story. See the XKLS:2593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Malacca Bhd Business Description

Address 6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority revenue from Malaysia and also has a presence in Indonesia.
82GF Score

Get the complete analysis for XKLS:2593

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

RM5.98
Price
RM6.64
GF Value