Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
DKSH Holdings Malaysia BhdXKLS:5908 -0.33%89 Return-on-Tangible-Equity is 25.47% as of Mar. 2026, which is 26% above its 10-year median of 20.18. GuruFocus rates XKLS:5908 with a GF Score™ of 89/100 and a GF Value™ of RM5.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 154 Industrial Distribution companies, DKSH Holdings Malaysia Bhd ranks better than 74.68% 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. DKSH Holdings Malaysia Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM198 Mil. DKSH Holdings Malaysia Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM778 Mil. Therefore, DKSH Holdings Malaysia Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.47%.
The historical rank and industry rank for DKSH Holdings Malaysia Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5908'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.66 Med: 20.18 Max: 27.56
Current: 21.75
During the past 13 years, DKSH Holdings Malaysia Bhd's highest Return-on-Tangible-Equity was 27.56%. The lowest was 7.66%. And the median was 20.18%.
XKLS:5908's Return-on-Tangible-Equity is ranked better than 74.68% of 154
companies
in the Industrial Distribution industry
Industry Median: 9.02
vs XKLS:5908: 21.75
DKSH Holdings Malaysia Bhd (XKLS:5908) 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.
DKSH Holdings Malaysia Bhd Return-on-Tangible-Equity Related Terms
DKSH Holdings Malaysia Bhd Return-on-Tangible-Equity Historical Data
* 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.
DKSH Holdings Malaysia Bhd Return-on-Tangible-Equity Chart
XKLS:5908 vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, DKSH Holdings Malaysia 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.
DKSH Holdings Malaysia Bhd Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, DKSH Holdings Malaysia Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DKSH Holdings Malaysia 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 25.47% mean?
DKSH Holdings Malaysia Bhd (XKLS:5908) has a Return-on-Tangible-Equity of 25.47% 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 DKSH Holdings Malaysia Bhd and its competitors. This is 26% above median its historical median of 20.18. Over the past decade, DKSH Holdings Malaysia Bhd's Return-on-Tangible-Equity has ranged from 7.66 to 27.56. According to the industry distribution chart, DKSH Holdings Malaysia Bhd ranks #39 out of 154 companies in the Industrial Distribution industry, placing it in the top 25.3%.
Is DKSH Holdings Malaysia Bhd's Return-on-Tangible-Equity too high?
DKSH Holdings Malaysia Bhd's current Return-on-Tangible-Equity of 25.47% is 26% above median its 10-year median of 20.18. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 27.56. The Industrial Distribution industry median Return-on-Tangible-Equity is 9.02. DKSH Holdings Malaysia Bhd's value of 25.47% is 182.4% above this industry median. Based on the distribution chart, DKSH Holdings Malaysia Bhd ranks #39 out of 154 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, DKSH Holdings Malaysia Bhd has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DKSH Holdings Malaysia Bhd's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, DKSH Holdings Malaysia Bhd ranks #39 out of 154 companies for Return-on-Tangible-Equity. This puts DKSH Holdings Malaysia Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. DKSH Holdings Malaysia Bhd's value of 25.47% is 182.4% above this benchmark. Historically, DKSH Holdings Malaysia Bhd's own Return-on-Tangible-Equity has ranged from 7.66 to 27.56 over the past decade. While the company's 10-year median is 20.18 vs. the industry median of 9.02, DKSH Holdings Malaysia 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 Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 9.02, based on 154 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. DKSH Holdings Malaysia Bhd's current Return-on-Tangible-Equity of 25.47% is 182.4% 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 DKSH Holdings Malaysia Bhd and its competitors. For the Industrial Distribution 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. DKSH Holdings Malaysia Bhd's current Return-on-Tangible-Equity is 25.47%, which is 26% above median its own 10-year median of 20.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKSH Holdings Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, DKSH Holdings Malaysia Bhd (XKLS:5908) is currently considered Fairly Valued. The stock's GF Value™ is RM5.72, compared to a current price of RM6.00 — trading 4.9% above its estimated fair value. The current Return-on-Tangible-Equity is 25.47%, which is 26% above median its 10-year median of 20.18 and 182.4% above the Industrial Distribution industry median of 9.02. DKSH Holdings Malaysia Bhd's overall GF Score™ is 89/100 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 DKSH Holdings Malaysia Bhd (XKLS:5908), the current Return-on-Tangible-Equity is 25.47% 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 DKSH Holdings Malaysia Bhd (XKLS:5908) Overvalued in 2026?
Based on GuruFocus' analysis, DKSH Holdings Malaysia Bhd stock appears to be overvalued.
The current stock price of RM6.00 is trading 4.9% above its estimated GF Value™ of RM5.72.
GuruFocus considers DKSH Holdings Malaysia Bhd to be Fairly Valued.
Key valuation signals for XKLS:5908:
Return-on-Tangible-Equity: 25.47% (26% above median its 10-year median of 20.18)
GF Value™: RM5.72 vs. price of RM6.00 (4.9% above fair value)
Industry Position: 182.4% above the Industrial Distribution median (#39 of 154)
No single metric tells the full story. See the XKLS:5908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DKSH Holdings Malaysia Bhd company is principally an investment holding company. The principal activities of the Group are the provisioning of Market Expansion Services, which range from marketing, to providing sales force, distribution and logistics, invoicing and credit control, handling of inventory and returned goods and other value added services. These services are provided to consumer goods and healthcare clients. The Group also operates retail outlets selling Amos cookies, manufacturing and supplying of butter and margarine, and related bakery, confectionery and dairy products. The Group is organized into three main business segments Consumer Goods; Healthcare; and Others of which majority of revenue comes from Consumer Goods.
89GF Score
Get the complete analysis for XKLS:5908
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:5908 has been successfully added to your 
