Heineken Malaysia BhdXKLS:3255 -0.51%85 Return-on-Tangible-Equity is 74.88% as of Mar. 2026, which is 11% below its 10-year median of 83.80. GuruFocus rates XKLS:3255 with a GF Score™ of 85/100 and a GF Value™ of RM23.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Heineken Malaysia Bhd ranks better than 89.05% 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. Heineken Malaysia Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM418 Mil. Heineken Malaysia Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM558 Mil. Therefore, Heineken Malaysia Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 74.88%.
The historical rank and industry rank for Heineken Malaysia Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:3255'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 43.66 Med: 83.8 Max: 97.37
Current: 88.12
During the past 13 years, Heineken Malaysia Bhd's highest Return-on-Tangible-Equity was 97.37%. The lowest was 43.66%. And the median was 83.80%.
XKLS:3255's Return-on-Tangible-Equity is ranked better than 89.05% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.55
vs XKLS:3255: 88.12
Heineken Malaysia Bhd (XKLS:3255) 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.
Heineken Malaysia Bhd Return-on-Tangible-Equity Related Terms
Heineken Malaysia Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Heineken Malaysia 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.
Heineken Malaysia Bhd Return-on-Tangible-Equity Chart
XKLS:3255 vs BUD, STZ, TAP: Return-on-Tangible-Equity Comparison
For the Beverages - Brewers subindustry, Heineken Malaysia 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.
Heineken Malaysia Bhd Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Malaysia Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Heineken Malaysia 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 74.88% mean?
Heineken Malaysia Bhd (XKLS:3255) has a Return-on-Tangible-Equity of 74.88% 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 Heineken Malaysia Bhd and its competitors. This is 11% below median its historical median of 83.80. Over the past decade, Heineken Malaysia Bhd's Return-on-Tangible-Equity has ranged from 43.66 to 97.37. According to the industry distribution chart, Heineken Malaysia Bhd ranks #22 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 10.9%.
Is Heineken Malaysia Bhd's Return-on-Tangible-Equity too high?
Heineken Malaysia Bhd's current Return-on-Tangible-Equity of 74.88% is 11% below median its 10-year median of 83.80. Over the past 10 years, this metric has ranged from a low of 43.66 to a high of 97.37. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.55. Heineken Malaysia Bhd's value of 74.88% is 775.8% above this industry median. Based on the distribution chart, Heineken Malaysia Bhd ranks #22 out of 201 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Heineken Malaysia Bhd has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heineken Malaysia Bhd's Return-on-Tangible-Equity compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Heineken Malaysia Bhd ranks #22 out of 201 companies for Return-on-Tangible-Equity. This places Heineken Malaysia Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.55. Heineken Malaysia Bhd's value of 74.88% is 775.8% above this benchmark. Historically, Heineken Malaysia Bhd's own Return-on-Tangible-Equity has ranged from 43.66 to 97.37 over the past decade. While the company's 10-year median is 83.80 vs. the industry median of 8.55, Heineken Malaysia 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.55, based on 201 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. Heineken Malaysia Bhd's current Return-on-Tangible-Equity of 74.88% is 775.8% 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 Heineken Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Malaysia Bhd's current Return-on-Tangible-Equity is 74.88%, which is 11% below median its own 10-year median of 83.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Heineken Malaysia Bhd (XKLS:3255) is currently considered Modestly Undervalued. The stock's GF Value™ is RM23.86, compared to a current price of RM19.34 — trading 18.9% below its estimated fair value. The current Return-on-Tangible-Equity is 74.88%, which is 11% below median its 10-year median of 83.80 and 775.8% above the Beverages - Alcoholic industry median of 8.55. Heineken Malaysia Bhd's overall GF Score™ is 85/100 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 Heineken Malaysia Bhd (XKLS:3255), the current Return-on-Tangible-Equity is 74.88% 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 Heineken Malaysia Bhd (XKLS:3255) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken Malaysia Bhd stock appears to be undervalued.
The current stock price of RM19.34 is trading 18.9% below its estimated GF Value™ of RM23.86.
GuruFocus considers Heineken Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3255:
Return-on-Tangible-Equity: 74.88% (11% below median its 10-year median of 83.80)
GF Value™: RM23.86 vs. price of RM19.34 (18.9% below fair value)
Industry Position: 775.8% above the Beverages - Alcoholic median (#22 of 201)
No single metric tells the full story. See the XKLS:3255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heineken Malaysia Bhd is engaged in the production, packaging, marketing, and distribution of beverages, mainly alcoholic. The portfolio of the company includes various brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand-inspired cider - Apple Fox Cider, Edelweiss, infused with juicy peach flavour, The premium Irish ale - Kilkenny, The real shandy - Anglia, and others.
85GF Score
Get the complete analysis for XKLS:3255
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