Mst Golf group BhdXKLS:5316 46 Return-on-Tangible-Equity is -8.84% as of Mar. 2026. GuruFocus rates XKLS:5316 with a GF Score™ of 46/100 and a GF Value™ of RM0.22 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,060 Retail - Cyclical companies, Mst Golf group Bhd ranks worse than 83.3% 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. Mst Golf group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-18.7 Mil. Mst Golf group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM211.1 Mil. Therefore, Mst Golf group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -8.84%.
The historical rank and industry rank for Mst Golf group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5316'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.92 Med: 41.08 Max: 54.41
Current: -5.92
During the past 7 years, Mst Golf group Bhd's highest Return-on-Tangible-Equity was 54.41%. The lowest was -5.92%. And the median was 41.08%.
XKLS:5316's Return-on-Tangible-Equity is ranked worse than 83.3% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.34
vs XKLS:5316: -5.92
Mst Golf group Bhd (XKLS:5316) 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.
Mst Golf group Bhd Return-on-Tangible-Equity Related Terms
Mst Golf group Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mst Golf 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.
Mst Golf group Bhd Return-on-Tangible-Equity Chart
XKLS:5316 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Mst Golf 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.
Mst Golf group Bhd Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mst Golf group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mst Golf 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 -8.84% mean?
Mst Golf group Bhd (XKLS:5316) has a Return-on-Tangible-Equity of -8.84% 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 Mst Golf group Bhd and its competitors. According to the industry distribution chart, Mst Golf group Bhd ranks #883 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 83.3%.
Is Mst Golf group Bhd's Return-on-Tangible-Equity too high?
Mst Golf group Bhd's current Return-on-Tangible-Equity is -8.84%. Based on the distribution chart, Mst Golf group Bhd ranks #883 out of 1060 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mst Golf group Bhd has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mst Golf group Bhd's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mst Golf group Bhd ranks #883 out of 1060 companies for Return-on-Tangible-Equity. This places Mst Golf group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.34. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,060 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 Mst Golf group Bhd and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mst Golf group Bhd's current Return-on-Tangible-Equity is -8.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mst Golf group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mst Golf group Bhd (XKLS:5316) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.15 — trading 34.1% below its estimated fair value. The current Return-on-Tangible-Equity is -8.84%. Mst Golf group Bhd's overall GF Score™ is 46/100 with 4 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 Mst Golf group Bhd (XKLS:5316), the current Return-on-Tangible-Equity is -8.84% 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 Mst Golf group Bhd (XKLS:5316) Overvalued in 2026?
Based on GuruFocus' analysis, Mst Golf group Bhd stock appears to be undervalued.
The current stock price of RM0.15 is trading 34.1% below its estimated GF Value™ of RM0.22.
GuruFocus considers Mst Golf group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5316:
Return-on-Tangible-Equity: -8.84%
GF Value™: RM0.22 vs. price of RM0.15 (34.1% below fair value)
No single metric tells the full story. See the XKLS:5316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mst Golf group Bhd is a golf retailer and service provider, with stores across Malaysia, Singapore and Indonesia. The company offers a selection of golf brands across equipment, apparel, footwear and accessories. Its segments include Trading engaged in operations and management of retail stores in Malaysia, Singapore and Indonesia, including the wholesales, export and e-commerce business; Golf Services been involved in operations and management of golf academy, indoor golf and events; and Others engaged in investment holding. It derives the majority of its revenue from the Trading segment.
46GF Score
Get the complete analysis for XKLS:5316
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5316 has been successfully added to your 
