Hartalega Holdings BhdXKLS:5168 76 Return-on-Tangible-Equity is 3.71% as of Mar. 2026, which is 80% below its 10-year median of 18.14. GuruFocus rates XKLS:5168 with a GF Score™ of 76/100 and a GF Value™ of RM2.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,569 Chemicals companies, Hartalega Holdings Bhd ranks worse than 66.09% 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. Hartalega Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM162 Mil. Hartalega Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM4,368 Mil. Therefore, Hartalega Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.71%.
The historical rank and industry rank for Hartalega Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5168'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.85 Med: 18.14 Max: 77.43
Current: 2.38
During the past 13 years, Hartalega Holdings Bhd's highest Return-on-Tangible-Equity was 77.43%. The lowest was -4.85%. And the median was 18.14%.
XKLS:5168's Return-on-Tangible-Equity is ranked worse than 66.09% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs XKLS:5168: 2.38
Hartalega Holdings Bhd (XKLS:5168) 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.
Hartalega Holdings Bhd Return-on-Tangible-Equity Related Terms
Hartalega Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hartalega Holdings 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.
Hartalega Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:5168 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Hartalega Holdings 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.
Hartalega Holdings Bhd Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hartalega Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hartalega Holdings 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 3.71% mean?
Hartalega Holdings Bhd (XKLS:5168) has a Return-on-Tangible-Equity of 3.71% 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 Hartalega Holdings Bhd and its competitors. This is 80% below median its historical median of 18.14. According to the industry distribution chart, Hartalega Holdings Bhd ranks #1037 out of 1569 companies in the Chemicals industry, placing it in the top 66.1%.
Is Hartalega Holdings Bhd's Return-on-Tangible-Equity too high?
Hartalega Holdings Bhd's current Return-on-Tangible-Equity of 3.71% is 80% below median its 10-year median of 18.14. The Chemicals industry median Return-on-Tangible-Equity is 5.73. Hartalega Holdings Bhd's value of 3.71% is 35.3% below this industry median. Based on the distribution chart, Hartalega Holdings Bhd ranks #1037 out of 1569 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hartalega Holdings Bhd has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hartalega Holdings Bhd's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hartalega Holdings Bhd ranks #1037 out of 1569 companies for Return-on-Tangible-Equity. This places Hartalega Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.73. Hartalega Holdings Bhd's value of 3.71% is 35.3% below this benchmark. While the company's 10-year median is 18.14 vs. the industry median of 5.73, Hartalega Holdings 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.73, based on 1,569 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. Hartalega Holdings Bhd's current Return-on-Tangible-Equity of 3.71% is 35.3% 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 Hartalega Holdings Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hartalega Holdings Bhd's current Return-on-Tangible-Equity is 3.71%, which is 80% below median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hartalega Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hartalega Holdings Bhd (XKLS:5168) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.27, compared to a current price of RM0.99 — trading 56.4% below its estimated fair value. The current Return-on-Tangible-Equity is 3.71%, which is 80% below median its 10-year median of 18.14 and 35.3% below the Chemicals industry median of 5.73. Hartalega Holdings Bhd's overall GF Score™ is 76/100 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 Hartalega Holdings Bhd (XKLS:5168), the current Return-on-Tangible-Equity is 3.71% 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 Hartalega Holdings Bhd (XKLS:5168) Overvalued in 2026?
Based on GuruFocus' analysis, Hartalega Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.99 is trading 56.4% below its estimated GF Value™ of RM2.27.
GuruFocus considers Hartalega Holdings Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5168:
Return-on-Tangible-Equity: 3.71% (80% below median its 10-year median of 18.14)
GF Value™: RM2.27 vs. price of RM0.99 (56.4% below fair value)
Industry Position: 35.3% below the Chemicals median (#1037 of 1569)
No single metric tells the full story. See the XKLS:5168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile, Polyisoprene, Polychloroprene, and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The company organizes its segments based on geography: North America, Europe, Asia, Australia, Malaysia, the Middle East, and Others. More revenue comes from the North America segment than from any other.
76GF Score
Get the complete analysis for XKLS:5168
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