Wasco Greenergy BhdXKLS:5343 +9.21%16 Return-on-Tangible-Equity is 6.11% as of Mar. 2026, which is 70% below its 10-year median of 20.04. GuruFocus rates XKLS:5343 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Wasco Greenergy Bhd ranks better than 51.53% 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. Wasco Greenergy Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM16.3 Mil. Wasco Greenergy Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM267.1 Mil. Therefore, Wasco Greenergy Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.11%.
The historical rank and industry rank for Wasco Greenergy Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5343'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.24 Med: 20.04 Max: 25.5
Current: 5.24
During the past 4 years, Wasco Greenergy Bhd's highest Return-on-Tangible-Equity was 25.50%. The lowest was 5.24%. And the median was 20.04%.
XKLS:5343's Return-on-Tangible-Equity is ranked better than 51.53% of 425
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.71
vs XKLS:5343: 5.24
Wasco Greenergy Bhd (XKLS:5343) 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.
Wasco Greenergy Bhd Return-on-Tangible-Equity Related Terms
Wasco Greenergy Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Wasco Greenergy 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.
Wasco Greenergy Bhd Return-on-Tangible-Equity Chart
Wasco Greenergy Bhd Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Wasco Greenergy 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.
Wasco Greenergy Bhd Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Wasco Greenergy Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wasco Greenergy 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 6.11% mean?
Wasco Greenergy Bhd (XKLS:5343) has a Return-on-Tangible-Equity of 6.11% 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 Wasco Greenergy Bhd and its competitors. This is 70% below median its historical median of 20.04. Over the past decade, Wasco Greenergy Bhd's Return-on-Tangible-Equity has ranged from 5.24 to 25.50. According to the industry distribution chart, Wasco Greenergy Bhd ranks #206 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 48.5%.
Is Wasco Greenergy Bhd's Return-on-Tangible-Equity too high?
Wasco Greenergy Bhd's current Return-on-Tangible-Equity of 6.11% is 70% below median its 10-year median of 20.04. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 25.50. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.71. Wasco Greenergy Bhd's value of 6.11% is 29.7% above this industry median. Based on the distribution chart, Wasco Greenergy Bhd ranks #206 out of 425 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Wasco Greenergy Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Wasco Greenergy Bhd's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Wasco Greenergy Bhd ranks #206 out of 425 companies for Return-on-Tangible-Equity. This puts Wasco Greenergy Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.71. Wasco Greenergy Bhd's value of 6.11% is 29.7% above this benchmark. Historically, Wasco Greenergy Bhd's own Return-on-Tangible-Equity has ranged from 5.24 to 25.50 over the past decade. While the company's 10-year median is 20.04 vs. the industry median of 4.71, Wasco Greenergy 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.71, based on 425 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. Wasco Greenergy Bhd's current Return-on-Tangible-Equity of 6.11% is 29.7% 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 Wasco Greenergy Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Greenergy Bhd's current Return-on-Tangible-Equity is 6.11%, which is 70% below median its own 10-year median of 20.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Greenergy Bhd stock overvalued right now?
Wasco Greenergy Bhd (XKLS:5343) has a current Return-on-Tangible-Equity of 6.11%. The current Return-on-Tangible-Equity is 6.11%, which is 70% below median its 10-year median of 20.04 and 29.7% above the Utilities - Independent Power Producers industry median of 4.71. Wasco Greenergy Bhd's overall GF Score™ is 16/100 with 3 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 Wasco Greenergy Bhd (XKLS:5343), the current Return-on-Tangible-Equity is 6.11% 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.
Wasco Greenergy Bhd operates in the renewable energy sector as a provider of renewable energy systems that support companies in meeting their energy needs, including those seeking to achieve their decarbonization and net-zero emissions targets. Its core business segment comprises the EPCC of steam energy systems and auxiliary facilities, the supply of steam turbine generator systems, as well as the provision of after-sales services for these systems. The company offers three types of steam energy systems: biomass, gas-fired, and HRSG. The biomass energy systems involve using a boiler to burn agricultural waste and byproducts. The gas-fired energy systems on the other hand, use natural gas as the fuel source. The HRSG is designed to capture waste heat from customers' gas turbines.
16GF Score
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