IGB BhdXKLS:5606 79 Return-on-Tangible-Equity is 42.65% as of Mar. 2026, which is 492% above its 10-year median of 7.20. GuruFocus rates XKLS:5606 with a GF Score™ of 79/100 and a GF Value™ of RM1.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,717 Real Estate companies, IGB Bhd ranks better than 86.26% 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. IGB Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM2,008 Mil. IGB Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM4,708 Mil. Therefore, IGB Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 42.65%.
The historical rank and industry rank for IGB Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5606'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.26 Med: 7.2 Max: 17.33
Current: 17.33
During the past 13 years, IGB Bhd's highest Return-on-Tangible-Equity was 17.33%. The lowest was 0.26%. And the median was 7.20%.
XKLS:5606's Return-on-Tangible-Equity is ranked better than 86.26% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs XKLS:5606: 17.33
IGB Bhd (XKLS:5606) 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.
IGB Bhd Return-on-Tangible-Equity Related Terms
IGB Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IGB 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:5606 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, IGB 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.
IGB Bhd Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, IGB Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IGB 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 42.65% mean?
IGB Bhd (XKLS:5606) has a Return-on-Tangible-Equity of 42.65% 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 IGB Bhd and its competitors. This is 492% above median its historical median of 7.20. Over the past decade, IGB Bhd's Return-on-Tangible-Equity has ranged from 0.26 to 17.33. According to the industry distribution chart, IGB Bhd ranks #236 out of 1717 companies in the Real Estate industry, placing it in the top 13.7%.
Is IGB Bhd's Return-on-Tangible-Equity too high?
IGB Bhd's current Return-on-Tangible-Equity of 42.65% is 492% above median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 17.33. The Real Estate industry median Return-on-Tangible-Equity is 4.27. IGB Bhd's value of 42.65% is 898.8% above this industry median. Based on the distribution chart, IGB Bhd ranks #236 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, IGB Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGB Bhd's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, IGB Bhd ranks #236 out of 1717 companies for Return-on-Tangible-Equity. This places IGB Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. IGB Bhd's value of 42.65% is 898.8% above this benchmark. Historically, IGB Bhd's own Return-on-Tangible-Equity has ranged from 0.26 to 17.33 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 4.27, IGB 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,717 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. IGB Bhd's current Return-on-Tangible-Equity of 42.65% is 898.8% 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 IGB Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Bhd's current Return-on-Tangible-Equity is 42.65%, which is 492% above median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Bhd stock overvalued right now?
Based on GuruFocus' analysis, IGB Bhd (XKLS:5606) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.82, compared to a current price of RM2.38 — trading 30.8% above its estimated fair value. The current Return-on-Tangible-Equity is 42.65%, which is 492% above median its 10-year median of 7.20 and 898.8% above the Real Estate industry median of 4.27. IGB Bhd's overall GF Score™ is 79/100 with 5 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 IGB Bhd (XKLS:5606), the current Return-on-Tangible-Equity is 42.65% 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 IGB Bhd (XKLS:5606) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Bhd stock appears to be overvalued.
The current stock price of RM2.38 is trading 30.8% above its estimated GF Value™ of RM1.82.
GuruFocus considers IGB Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5606:
Return-on-Tangible-Equity: 42.65% (492% above median its 10-year median of 7.20)
GF Value™: RM1.82 vs. price of RM2.38 (30.8% above fair value)
Industry Position: 898.8% above the Real Estate median (#236 of 1717)
No single metric tells the full story. See the XKLS:5606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Bhd is an investment holding company that engages in the provision of management services in Malaysia. It operates through the following segments which includes Property investment- retail, Property investment- commercial, Hotel segment, Property development segment, and construction. It makes the majority of the revenue from the Property investment- retail segment. The company also provides hotel management, building and maintenance, and exhibition services; owns and operates malls, and educational institutions.
79GF Score
Get the complete analysis for XKLS:5606
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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