Nexg BhdXKLS:5216 45 Return-on-Tangible-Equity is -31.58% as of Mar. 2026. GuruFocus rates XKLS:5216 with a GF Score™ of 45/100 and a GF Value™ of RM0.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,379 Hardware companies, Nexg Bhd ranks worse than 86.59% 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. Nexg Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-150.7 Mil. Nexg Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM477.3 Mil. Therefore, Nexg Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -31.58%.
The historical rank and industry rank for Nexg Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5216'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.54 Med: 24.2 Max: 31.84
Current: -17.59
During the past 13 years, Nexg Bhd's highest Return-on-Tangible-Equity was 31.84%. The lowest was -20.54%. And the median was 24.20%.
XKLS:5216's Return-on-Tangible-Equity is ranked worse than 86.59% of 2379
companies
in the Hardware industry
Industry Median: 5.28
vs XKLS:5216: -17.59
Nexg Bhd (XKLS:5216) 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.
Nexg Bhd Return-on-Tangible-Equity Related Terms
Nexg Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nexg 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.
XKLS:5216 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Nexg 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.
Nexg Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nexg Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nexg 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 -31.58% mean?
Nexg Bhd (XKLS:5216) has a Return-on-Tangible-Equity of -31.58% 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 Nexg Bhd and its competitors. According to the industry distribution chart, Nexg Bhd ranks #2060 out of 2379 companies in the Hardware industry, placing it in the top 86.6%.
Is Nexg Bhd's Return-on-Tangible-Equity too high?
Nexg Bhd's current Return-on-Tangible-Equity is -31.58%. Based on the distribution chart, Nexg Bhd ranks #2060 out of 2379 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nexg Bhd has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexg Bhd's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Nexg Bhd ranks #2060 out of 2379 companies for Return-on-Tangible-Equity. This places Nexg Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,379 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. 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 Nexg Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexg Bhd's current Return-on-Tangible-Equity is -31.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexg Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nexg Bhd (XKLS:5216) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.30, compared to a current price of RM0.25 — trading 16.7% below its estimated fair value. The current Return-on-Tangible-Equity is -31.58%. Nexg Bhd's overall GF Score™ is 45/100 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 Nexg Bhd (XKLS:5216), the current Return-on-Tangible-Equity is -31.58% 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 Nexg Bhd (XKLS:5216) Overvalued in 2026?
Based on GuruFocus' analysis, Nexg Bhd stock appears to be undervalued.
The current stock price of RM0.25 is trading 16.7% below its estimated GF Value™ of RM0.30.
GuruFocus considers Nexg Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5216:
Return-on-Tangible-Equity: -31.58%
GF Value™: RM0.30 vs. price of RM0.25 (16.7% below fair value)
No single metric tells the full story. See the XKLS:5216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.
45GF Score
Get the complete analysis for XKLS:5216
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