Shin Yang Group BhdXKLS:5173 68 Return-on-Tangible-Equity is 9.30% as of Mar. 2026, which is 621% above its 10-year median of 1.29. GuruFocus rates XKLS:5173 with a GF Score™ of 68/100 and a GF Value™ of RM1.43 (Significantly Undervalued). Among 977 Transportation companies, Shin Yang Group Bhd ranks better than 57.83% 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. Shin Yang Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM139 Mil. Shin Yang Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM1,496 Mil. Therefore, Shin Yang Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.30%.
The historical rank and industry rank for Shin Yang Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5173'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.8 Med: 1.29 Max: 15.88
Current: 11.01
During the past 13 years, Shin Yang Group Bhd's highest Return-on-Tangible-Equity was 15.88%. The lowest was -14.80%. And the median was 1.29%.
XKLS:5173's Return-on-Tangible-Equity is ranked better than 57.83% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs XKLS:5173: 11.01
Shin Yang Group Bhd (XKLS:5173) 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.
Shin Yang Group Bhd Return-on-Tangible-Equity Related Terms
Shin Yang Group Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shin Yang Group 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.
Shin Yang Group Bhd Return-on-Tangible-Equity Chart
Shin Yang Group Bhd Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Shin Yang Group 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.
Shin Yang Group Bhd Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shin Yang Group 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 9.30% mean?
Shin Yang Group Bhd (XKLS:5173) has a Return-on-Tangible-Equity of 9.30% 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 Shin Yang Group Bhd and its competitors. This is 621% above median its historical median of 1.29. According to the industry distribution chart, Shin Yang Group Bhd ranks #412 out of 977 companies in the Transportation industry, placing it in the top 42.2%.
Is Shin Yang Group Bhd's Return-on-Tangible-Equity too high?
Shin Yang Group Bhd's current Return-on-Tangible-Equity of 9.30% is 621% above median its 10-year median of 1.29. The Transportation industry median Return-on-Tangible-Equity is 9.02. Shin Yang Group Bhd's value of 9.30% is 3.1% above this industry median. Based on the distribution chart, Shin Yang Group Bhd ranks #412 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Shin Yang Group Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Shin Yang Group Bhd ranks #412 out of 977 companies for Return-on-Tangible-Equity. This puts Shin Yang Group Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. Shin Yang Group Bhd's value of 9.30% is 3.1% above this benchmark. While the company's 10-year median is 1.29 vs. the industry median of 9.02, Shin Yang Group 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. Shin Yang Group Bhd's current Return-on-Tangible-Equity of 9.30% is 3.1% 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 Shin Yang Group Bhd and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Yang Group Bhd's current Return-on-Tangible-Equity is 9.30%, which is 621% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM0.77 — trading 46.5% below its estimated fair value. The current Return-on-Tangible-Equity is 9.30%, which is 621% above median its 10-year median of 1.29 and 3.1% above the Transportation industry median of 9.02. Shin Yang Group Bhd's overall GF Score™ is 68/100. 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 Shin Yang Group Bhd (XKLS:5173), the current Return-on-Tangible-Equity is 9.30% 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued.
The current stock price of RM0.77 is trading 46.5% below its estimated GF Value™ of RM1.43.
GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5173:
Return-on-Tangible-Equity: 9.30% (621% above median its 10-year median of 1.29)
GF Value™: RM1.43 vs. price of RM0.77 (46.5% below fair value)
Industry Position: 3.1% above the Transportation median (#412 of 977)
No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
68GF Score
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