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Hap Seng Consolidated BhdXKLS:3034 -1.08%61 Return-on-Tangible-Equity is 4.79% as of Mar. 2026, which is 61% below its 10-year median of 12.33. GuruFocus rates XKLS:3034 with a GF Score™ of 61/100 and a GF Value™ of RM2.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 549 Conglomerates companies, Hap Seng Consolidated Bhd ranks worse than 55.19% 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. Hap Seng Consolidated Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM379 Mil. Hap Seng Consolidated Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM7,917 Mil. Therefore, Hap Seng Consolidated Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.79%.
The historical rank and industry rank for Hap Seng Consolidated Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:3034'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.2 Med: 12.33 Max: 20.58
Current: 6.2
During the past 13 years, Hap Seng Consolidated Bhd's highest Return-on-Tangible-Equity was 20.58%. The lowest was 6.20%. And the median was 12.33%.
XKLS:3034's Return-on-Tangible-Equity is ranked worse than 55.19% of 549
companies
in the Conglomerates industry
Industry Median: 7.38
vs XKLS:3034: 6.20
Hap Seng Consolidated Bhd (XKLS:3034) 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.
Hap Seng Consolidated Bhd Return-on-Tangible-Equity Related Terms
Hap Seng Consolidated Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hap Seng Consolidated 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.
Hap Seng Consolidated Bhd Return-on-Tangible-Equity Chart
XKLS:3034 vs MMM, HON: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Hap Seng Consolidated 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.
Hap Seng Consolidated Bhd Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hap Seng Consolidated Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hap Seng Consolidated 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 4.79% mean?
Hap Seng Consolidated Bhd (XKLS:3034) has a Return-on-Tangible-Equity of 4.79% 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 Hap Seng Consolidated Bhd and its competitors. This is 61% below median its historical median of 12.33. Over the past decade, Hap Seng Consolidated Bhd's Return-on-Tangible-Equity has ranged from 6.20 to 20.58. According to the industry distribution chart, Hap Seng Consolidated Bhd ranks #303 out of 549 companies in the Conglomerates industry, placing it in the top 55.2%.
Is Hap Seng Consolidated Bhd's Return-on-Tangible-Equity too high?
Hap Seng Consolidated Bhd's current Return-on-Tangible-Equity of 4.79% is 61% below median its 10-year median of 12.33. Over the past 10 years, this metric has ranged from a low of 6.20 to a high of 20.58. The Conglomerates industry median Return-on-Tangible-Equity is 7.38. Hap Seng Consolidated Bhd's value of 4.79% is 35.1% below this industry median. Based on the distribution chart, Hap Seng Consolidated Bhd ranks #303 out of 549 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Hap Seng Consolidated Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Consolidated Bhd's Return-on-Tangible-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hap Seng Consolidated Bhd ranks #303 out of 549 companies for Return-on-Tangible-Equity. This places Hap Seng Consolidated Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.38. Hap Seng Consolidated Bhd's value of 4.79% is 35.1% below this benchmark. Historically, Hap Seng Consolidated Bhd's own Return-on-Tangible-Equity has ranged from 6.20 to 20.58 over the past decade. While the company's 10-year median is 12.33 vs. the industry median of 7.38, Hap Seng Consolidated 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.38, based on 549 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. Hap Seng Consolidated Bhd's current Return-on-Tangible-Equity of 4.79% is 35.1% 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 Hap Seng Consolidated Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hap Seng Consolidated Bhd's current Return-on-Tangible-Equity is 4.79%, which is 61% below median its own 10-year median of 12.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hap Seng Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd (XKLS:3034) is currently considered Fairly Valued. The stock's GF Value™ is RM2.88, compared to a current price of RM2.74 — trading 4.9% below its estimated fair value. The current Return-on-Tangible-Equity is 4.79%, which is 61% below median its 10-year median of 12.33 and 35.1% below the Conglomerates industry median of 7.38. Hap Seng Consolidated Bhd's overall GF Score™ is 61/100 with 6 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 Hap Seng Consolidated Bhd (XKLS:3034), the current Return-on-Tangible-Equity is 4.79% 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 Hap Seng Consolidated Bhd (XKLS:3034) Overvalued in 2026?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd stock appears to be undervalued.
The current stock price of RM2.74 is trading 4.9% below its estimated GF Value™ of RM2.88.
GuruFocus considers Hap Seng Consolidated Bhd to be Fairly Valued.
Key valuation signals for XKLS:3034:
Return-on-Tangible-Equity: 4.79% (61% below median its 10-year median of 12.33)
GF Value™: RM2.88 vs. price of RM2.74 (4.9% below fair value)
Industry Position: 35.1% below the Conglomerates median (#303 of 549)
No single metric tells the full story. See the XKLS:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hap Seng Consolidated Bhd is an investment holding company. Its segment comprises: Plantation engaged in the cultivation of oil palm and processing of fresh fruit bunches; Property consists of Property investment, property development, and hospitality; Credit financing consists provision of financial services; Automotive engaged in trading in motor vehicles, spare parts and servicing of motor vehicles; Trading consists of Trading and distribution of fertilizers and agro-chemical, trading of general building materials and petroleum products; and Building materials comprise operation of stone quarries and asphalt plants, manufacture of bricks and tiles, distribution and others. The majority of the revenue is generated in Malaysia with smaller operations in Other Asian countries.
61GF Score
Get the complete analysis for XKLS:3034
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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