Jaks Resources Bhd (XKLS:4723) Return-on-Tangible-Equity: 4.29% (As of Mar. 2026) — 36% Above Median


What is Jaks Resources Bhd Return-on-Tangible-Equity?

Jaks Resources Bhd XKLS:4723 Return-on-Tangible-Equity is 4.29% as of Mar. 2026, which is 36% above its 10-year median of 3.15. The stock has 5 warning signs investors should review. Among 1,706 Construction companies, Jaks Resources Bhd ranks worse than 72.16% 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. Jaks Resources Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM67.80 Mil. Jaks Resources Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM1,580.93 Mil. Therefore, Jaks Resources Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.29%.

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

XKLS:4723' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.82   Med: 3.15   Max: 27.67
Current: 1.55

During the past 13 years, Jaks Resources Bhd's highest Return-on-Tangible-Equity was 27.67%. The lowest was -8.82%. And the median was 3.15%.

XKLS:4723's Return-on-Tangible-Equity is ranked worse than
72.16% of 1706 companies
in the Construction industry
Industry Median: 8.245 vs XKLS:4723: 1.55

Jaks Resources Bhd  (XKLS:4723) 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.


Jaks Resources Bhd Return-on-Tangible-Equity Related Terms


Jaks Resources Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Jaks Resources 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.

Jaks Resources Bhd Return-on-Tangible-Equity Chart

Jaks Resources 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 4.39 4.02 1.17 3.77 1.48

Jaks Resources 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 3.86 2.54 6.71 -7.34 4.29

XKLS:4723 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Jaks Resources 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.


Jaks Resources Bhd Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Jaks Resources Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jaks Resources Bhd's Return-on-Tangible-Equity falls into.



Jaks Resources Bhd Return-on-Tangible-Equity Calculation

Jaks Resources 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 )
=23.118/( (1550.995+1572.694 )/ 2 )
=23.118/1561.8445
=1.48 %

Jaks Resources 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 )
=67.8/( (1572.694+1589.165)/ 2 )
=67.8/1580.9295
=4.29 %

* 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 4.29% mean?
Jaks Resources Bhd (XKLS:4723) has a Return-on-Tangible-Equity of 4.29% 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 Jaks Resources Bhd and its competitors. This is 36% above median its historical median of 3.15. According to the industry distribution chart, Jaks Resources Bhd ranks #1231 out of 1706 companies in the Construction industry, placing it in the top 72.2%.
Is Jaks Resources Bhd's Return-on-Tangible-Equity too high?
Jaks Resources Bhd's current Return-on-Tangible-Equity of 4.29% is 36% above median its 10-year median of 3.15. The Construction industry median Return-on-Tangible-Equity is 8.25. Jaks Resources Bhd's value of 4.29% is 48% below this industry median. Based on the distribution chart, Jaks Resources Bhd ranks #1231 out of 1706 companies in the Construction industry, which is below the industry midpoint.
How does Jaks Resources Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Jaks Resources Bhd ranks #1231 out of 1706 companies for Return-on-Tangible-Equity. This places Jaks Resources Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.25. Jaks Resources Bhd's value of 4.29% is 48% below this benchmark. While the company's 10-year median is 3.15 vs. the industry median of 8.25, Jaks Resources 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,706 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. Jaks Resources Bhd's current Return-on-Tangible-Equity of 4.29% is 48% 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 Jaks Resources Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaks Resources Bhd's current Return-on-Tangible-Equity is 4.29%, which is 36% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaks Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Jaks Resources Bhd (XKLS:4723) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.12, compared to a current price of RM0.08 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Equity is 4.29%, which is 36% above median its 10-year median of 3.15 and 48% below the Construction industry median of 8.25. 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 Jaks Resources Bhd (XKLS:4723), the current Return-on-Tangible-Equity is 4.29% 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.

Jaks Resources Bhd Business Description

Address Jalan 13/6, Unit B-09-28, Tower B, Pacific Towers, Section 13, Petaling Jaya, SGR, MYS, 46200
Jaks Resources Bhd is an investment holding company. It is organized into six segments: Manufacturing segment, which comprises mainly the manufacturing of pipes; Trading segment comprising trading in sheet piles, steel bars, mild steel, and special pipes, other steel related products, building materials, and supply of products for water supply industry; Construction segment comprises mainly the provision of sub-contracting activities, general contractor, supplier of building materials, and also construction; The Property Investment segment consists management of shopping mall; Power Energy engage in the business of renewable energy. and Others. Its geographical segments include Malaysia and Vietnam.