IJM BhdXKLS:3336 +2.22%81 Return-on-Tangible-Equity is -8.23% as of Mar. 2026. GuruFocus rates XKLS:3336 with a GF Score™ of 81/100 and a GF Value™ of RM2.83 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 551 Conglomerates companies, IJM Bhd ranks worse than 75.5% 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. IJM Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-635 Mil. IJM Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM7,717 Mil. Therefore, IJM Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -8.23%.
The historical rank and industry rank for IJM Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:3336'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.71 Med: 6.54 Max: 12.71
Current: 0.71
During the past 13 years, IJM Bhd's highest Return-on-Tangible-Equity was 12.71%. The lowest was 0.71%. And the median was 6.54%.
XKLS:3336's Return-on-Tangible-Equity is ranked worse than 75.5% of 551
companies
in the Conglomerates industry
Industry Median: 7.48
vs XKLS:3336: 0.71
IJM Bhd (XKLS:3336) 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.
IJM Bhd Return-on-Tangible-Equity Related Terms
IJM Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IJM 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.
XKLS:3336 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, IJM 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.
IJM Bhd Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, IJM Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IJM 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 -8.23% mean?
IJM Bhd (XKLS:3336) has a Return-on-Tangible-Equity of -8.23% 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 IJM Bhd and its competitors. Over the past decade, IJM Bhd's Return-on-Tangible-Equity has ranged from 0.71 to 12.71. According to the industry distribution chart, IJM Bhd ranks #416 out of 551 companies in the Conglomerates industry, placing it in the top 75.5%.
Is IJM Bhd's Return-on-Tangible-Equity too high?
IJM Bhd's current Return-on-Tangible-Equity is -8.23%. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 12.71. Based on the distribution chart, IJM Bhd ranks #416 out of 551 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, IJM Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, IJM Bhd ranks #416 out of 551 companies for Return-on-Tangible-Equity. This places IJM Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. Historically, IJM Bhd's own Return-on-Tangible-Equity has ranged from 0.71 to 12.71 over the past decade. 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 7.48, based on 551 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. 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 IJM Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IJM Bhd's current Return-on-Tangible-Equity is -8.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.83, compared to a current price of RM2.30 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Equity is -8.23%. IJM Bhd's overall GF Score™ is 81/100 with 7 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 IJM Bhd (XKLS:3336), the current Return-on-Tangible-Equity is -8.23% 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 IJM Bhd (XKLS:3336) Overvalued in 2026?
Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued.
The current stock price of RM2.30 is trading 18.7% below its estimated GF Value™ of RM2.83.
GuruFocus considers IJM Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3336:
Return-on-Tangible-Equity: -8.23%
GF Value™: RM2.83 vs. price of RM2.30 (18.7% below fair value)
No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
81GF Score
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