Malayan Flour Mills Bhd (XKLS:3662) Return-on-Tangible-Equity: 12.47% (As of Mar. 2026) — 95% Above Median


XKLS:3662 Malayan Flour Mills Bhd XKLS:3662
47 GF Score
Price RM0.59
GF Value RM0.66
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Malayan Flour Mills Bhd Return-on-Tangible-Equity?

Malayan Flour Mills Bhd XKLS:3662 47 Return-on-Tangible-Equity is 12.47% as of Mar. 2026, which is 95% above its 10-year median of 6.39. GuruFocus rates XKLS:3662 with a GF Score™ of 47/100 and a GF Value™ of RM0.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,878 Consumer Packaged Goods companies, Malayan Flour Mills Bhd ranks better than 60.92% 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. Malayan Flour Mills Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM170 Mil. Malayan Flour Mills Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM1,363 Mil. Therefore, Malayan Flour Mills Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.47%.

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

XKLS:3662' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.49   Med: 6.39   Max: 14.98
Current: 11.14

During the past 13 years, Malayan Flour Mills Bhd's highest Return-on-Tangible-Equity was 14.98%. The lowest was -0.49%. And the median was 6.39%.

XKLS:3662's Return-on-Tangible-Equity is ranked better than
60.92% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs XKLS:3662: 11.14

Malayan Flour Mills Bhd  (XKLS:3662) 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.


Malayan Flour Mills Bhd Return-on-Tangible-Equity Related Terms


Malayan Flour Mills Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Malayan Flour Mills 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.

Malayan Flour Mills Bhd Return-on-Tangible-Equity Chart

Malayan Flour Mills Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.98 11.08 -0.49 4.40 10.53

Malayan Flour Mills Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.07 8.49 10.80 12.81 12.47

XKLS:3662 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, Malayan Flour Mills 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.


Malayan Flour Mills Bhd Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Malayan Flour Mills Bhd's Return-on-Tangible-Equity falls into.


XKLS:3662
47GF Score
Malayan Flour Mills Bhd XKLS:3662
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malayan Flour Mills Bhd Return-on-Tangible-Equity Calculation

Malayan Flour Mills Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=139.942/( (1303.783+1354.912 )/ 2 )
=139.942/1329.3475
=10.53 %

Malayan Flour Mills Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=169.924/( (1354.912+1370.554)/ 2 )
=169.924/1362.733
=12.47 %

* 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 12.47% mean?
Malayan Flour Mills Bhd (XKLS:3662) has a Return-on-Tangible-Equity of 12.47% 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 Malayan Flour Mills Bhd and its competitors. This is 95% above median its historical median of 6.39. According to the industry distribution chart, Malayan Flour Mills Bhd ranks #734 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 39.1%.
Is Malayan Flour Mills Bhd's Return-on-Tangible-Equity too high?
Malayan Flour Mills Bhd's current Return-on-Tangible-Equity of 12.47% is 95% above median its 10-year median of 6.39. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Malayan Flour Mills Bhd's value of 12.47% is 60.3% above this industry median. Based on the distribution chart, Malayan Flour Mills Bhd ranks #734 out of 1878 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Malayan Flour Mills Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Flour Mills Bhd's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Malayan Flour Mills Bhd ranks #734 out of 1878 companies for Return-on-Tangible-Equity. This puts Malayan Flour Mills Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Malayan Flour Mills Bhd's value of 12.47% is 60.3% above this benchmark. While the company's 10-year median is 6.39 vs. the industry median of 7.78, Malayan Flour Mills 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 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. Malayan Flour Mills Bhd's current Return-on-Tangible-Equity of 12.47% is 60.3% 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 Malayan Flour Mills 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. Malayan Flour Mills Bhd's current Return-on-Tangible-Equity is 12.47%, which is 95% above median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Flour Mills Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Flour Mills Bhd (XKLS:3662) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.66, compared to a current price of RM0.59 — trading 11.4% below its estimated fair value. The current Return-on-Tangible-Equity is 12.47%, which is 95% above median its 10-year median of 6.39 and 60.3% above the Consumer Packaged Goods industry median of 7.78. Malayan Flour Mills Bhd's overall GF Score™ is 47/100 with 3 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 Malayan Flour Mills Bhd (XKLS:3662), the current Return-on-Tangible-Equity is 12.47% 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 Malayan Flour Mills Bhd (XKLS:3662) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Flour Mills Bhd stock appears to be undervalued. The current stock price of RM0.59 is trading 11.4% below its estimated GF Value™ of RM0.66. GuruFocus considers Malayan Flour Mills Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3662:

  • Return-on-Tangible-Equity: 12.47% (95% above median its 10-year median of 6.39)
  • GF Value™: RM0.66 vs. price of RM0.59 (11.4% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 60.3% above the Consumer Packaged Goods median (#734 of 1878)

No single metric tells the full story. See the XKLS:3662 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Flour Mills Bhd Business Description

Address 165 Jalan Ampang, Suite 25.01, Level 25, Menara Citibank, Kuala Lumpur, SGR, MYS, 50450
Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. The company generstes maximum revenue from the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.
47GF Score

Get the complete analysis for XKLS:3662

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

RM0.59
Price
RM0.66
GF Value