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Mulpha International BhdXKLS:3905 +1.36%75 Return-on-Tangible-Equity is 1.00% as of Mar. 2026, which is 64% below its 10-year median of 2.80. GuruFocus rates XKLS:3905 with a GF Score™ of 75/100 and a GF Value™ of RM4.46 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 552 Conglomerates companies, Mulpha International Bhd ranks better than 65.22% 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. Mulpha International Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM38 Mil. Mulpha International Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM3,748 Mil. Therefore, Mulpha International Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.00%.
The historical rank and industry rank for Mulpha International Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:3905'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.97 Med: 2.8 Max: 13.52
Current: 11.59
During the past 13 years, Mulpha International Bhd's highest Return-on-Tangible-Equity was 13.52%. The lowest was -6.97%. And the median was 2.80%.
XKLS:3905's Return-on-Tangible-Equity is ranked better than 65.22% of 552
companies
in the Conglomerates industry
Industry Median: 7.465
vs XKLS:3905: 11.59
Mulpha International Bhd (XKLS:3905) 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.
Mulpha International Bhd Return-on-Tangible-Equity Related Terms
Mulpha International Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mulpha International 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.
Mulpha International Bhd Return-on-Tangible-Equity Chart
XKLS:3905 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Mulpha International 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.
Mulpha International Bhd Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mulpha International Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mulpha International 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 1.00% mean?
Mulpha International Bhd (XKLS:3905) has a Return-on-Tangible-Equity of 1.00% 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 Mulpha International Bhd and its competitors. This is 64% below median its historical median of 2.80. According to the industry distribution chart, Mulpha International Bhd ranks #192 out of 552 companies in the Conglomerates industry, placing it in the top 34.8%.
Is Mulpha International Bhd's Return-on-Tangible-Equity too high?
Mulpha International Bhd's current Return-on-Tangible-Equity of 1.00% is 64% below median its 10-year median of 2.80. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Mulpha International Bhd's value of 1.00% is 86.6% below this industry median. Based on the distribution chart, Mulpha International Bhd ranks #192 out of 552 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mulpha International Bhd has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulpha International Bhd's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mulpha International Bhd ranks #192 out of 552 companies for Return-on-Tangible-Equity. This puts Mulpha International Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Mulpha International Bhd's value of 1.00% is 86.6% below this benchmark. While the company's 10-year median is 2.80 vs. the industry median of 7.47, Mulpha International 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 7.47, based on 552 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. Mulpha International Bhd's current Return-on-Tangible-Equity of 1.00% is 86.6% 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 Mulpha International Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulpha International Bhd's current Return-on-Tangible-Equity is 1.00%, which is 64% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulpha International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mulpha International Bhd (XKLS:3905) is currently considered Possible Value Trap. The stock's GF Value™ is RM4.46, compared to a current price of RM2.98 — trading 33.2% below its estimated fair value. The current Return-on-Tangible-Equity is 1.00%, which is 64% below median its 10-year median of 2.80 and 86.6% below the Conglomerates industry median of 7.47. Mulpha International Bhd's overall GF Score™ is 75/100 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 Mulpha International Bhd (XKLS:3905), the current Return-on-Tangible-Equity is 1.00% 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 Mulpha International Bhd (XKLS:3905) Overvalued in 2026?
Based on GuruFocus' analysis, Mulpha International Bhd stock appears to be undervalued.
The current stock price of RM2.98 is trading 33.2% below its estimated GF Value™ of RM4.46.
GuruFocus considers Mulpha International Bhd to be Possible Value Trap.
Key valuation signals for XKLS:3905:
Return-on-Tangible-Equity: 1.00% (64% below median its 10-year median of 2.80)
GF Value™: RM4.46 vs. price of RM2.98 (33.2% below fair value)
Industry Position: 86.6% below the Conglomerates median (#192 of 552)
No single metric tells the full story. See the XKLS:3905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mulpha International Bhd is an investment holding company. The operating segments of the company are Hospitality and Leisure, which derive key revenue, including hotel and service apartment ownership and/or operation, food and beverage operation, entertainment and events; Property Development; Property Investment and Finance that consists of real estate investment, licensed money lending, and financial service provider; and Investment and Others includes investment holding, investment in securities, education and others. Its geographical segments include Australia, Malaysia, and New Zealand, of which Australia derives the maximum revenue.
75GF Score
Get the complete analysis for XKLS:3905
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