Subur Tiasa Holdings Bhd (XKLS:6904) Return-on-Tangible-Equity: -5.44% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:6904 Subur Tiasa Holdings Bhd XKLS:6904
31 GF Score
Price RM0.77
GF Value RM0.51
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Subur Tiasa Holdings Bhd Return-on-Tangible-Equity?

Subur Tiasa Holdings Bhd XKLS:6904 31 Return-on-Tangible-Equity is -5.44% as of Mar. 2026. GuruFocus rates XKLS:6904 with a GF Score™ of 31/100 and a GF Value™ of RM0.51 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 280 Forest Products companies, Subur Tiasa Holdings Bhd ranks worse than 65% 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. Subur Tiasa Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-34.2 Mil. Subur Tiasa Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM629.4 Mil. Therefore, Subur Tiasa Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -5.44%.

The historical rank and industry rank for Subur Tiasa Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:6904' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.35   Med: -2.56   Max: 13.13
Current: -1.05

During the past 13 years, Subur Tiasa Holdings Bhd's highest Return-on-Tangible-Equity was 13.13%. The lowest was -6.35%. And the median was -2.56%.

XKLS:6904's Return-on-Tangible-Equity is ranked worse than
65% of 280 companies
in the Forest Products industry
Industry Median: 2.205 vs XKLS:6904: -1.05

Subur Tiasa Holdings Bhd  (XKLS:6904) 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.


Subur Tiasa Holdings Bhd Return-on-Tangible-Equity Related Terms


Subur Tiasa Holdings Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Subur Tiasa Holdings 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.

Subur Tiasa Holdings Bhd Return-on-Tangible-Equity Chart

Subur Tiasa Holdings Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.13 7.50 -2.48 0.48 0.52

Subur Tiasa Holdings Bhd Quarterly Data
Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 1.90 5.13 -5.82 -5.44

XKLS:6904 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, Subur Tiasa Holdings 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.


Subur Tiasa Holdings Bhd Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Subur Tiasa Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Subur Tiasa Holdings Bhd's Return-on-Tangible-Equity falls into.


XKLS:6904
31GF Score
Subur Tiasa Holdings Bhd XKLS:6904
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subur Tiasa Holdings Bhd Return-on-Tangible-Equity Calculation

Subur Tiasa Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3.248/( (628.91+631.936 )/ 2 )
=3.248/630.423
=0.52 %

Subur Tiasa Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-34.224/( (631.936+626.917)/ 2 )
=-34.224/629.4265
=-5.44 %

* 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 -5.44% mean?
Subur Tiasa Holdings Bhd (XKLS:6904) has a Return-on-Tangible-Equity of -5.44% 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 Subur Tiasa Holdings Bhd and its competitors. According to the industry distribution chart, Subur Tiasa Holdings Bhd ranks #182 out of 280 companies in the Forest Products industry, placing it in the top 65%.
Is Subur Tiasa Holdings Bhd's Return-on-Tangible-Equity too high?
Subur Tiasa Holdings Bhd's current Return-on-Tangible-Equity is -5.44%. Based on the distribution chart, Subur Tiasa Holdings Bhd ranks #182 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Subur Tiasa Holdings Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subur Tiasa Holdings Bhd's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Subur Tiasa Holdings Bhd ranks #182 out of 280 companies for Return-on-Tangible-Equity. This places Subur Tiasa Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.21. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 280 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 Subur Tiasa Holdings Bhd and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subur Tiasa Holdings Bhd's current Return-on-Tangible-Equity is -5.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subur Tiasa Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Subur Tiasa Holdings Bhd (XKLS:6904) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.77 — trading 50% above its estimated fair value. The current Return-on-Tangible-Equity is -5.44%. Subur Tiasa Holdings Bhd's overall GF Score™ is 31/100 with 7 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 Subur Tiasa Holdings Bhd (XKLS:6904), the current Return-on-Tangible-Equity is -5.44% 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 Subur Tiasa Holdings Bhd (XKLS:6904) Overvalued in 2026?

Based on GuruFocus' analysis, Subur Tiasa Holdings Bhd stock appears to be overvalued. The current stock price of RM0.77 is trading 50% above its estimated GF Value™ of RM0.51. GuruFocus considers Subur Tiasa Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:6904:

  • Return-on-Tangible-Equity: -5.44%
  • GF Value™: RM0.51 vs. price of RM0.77 (50% above fair value)
  • GF Score™: 31/100 with 7 warning signs

No single metric tells the full story. See the XKLS:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Subur Tiasa Holdings Bhd Business Description

Address No. 66-78, Pusat Suria Permata, Jalan Upper Lanang C.D.T. 123, Sibu, SWK, MYS, 96000
Subur Tiasa Holdings Bhd is engaged in the business of investment holding, provision of management services, and extraction and sale of logs. The group is organised into two main reportable segments: Timber Segment involved in the extraction, sale of logs and subcontractor for tree planting (reforestation), and the business of manufacturing and trading of plywood, veneer, raw and laminated particleboard, sawn timber, finger-joint moulding, charcoal and the supply of electricity for its manufacturing activities; Plantation Segment involved in the cultivation of oil palm and sale of fresh fruit bunches; and Others involved in the provision of towage and transportation services, insurance services, property holding and development, and manufacturing and trading of drinking water.
31GF Score

Get the complete analysis for XKLS:6904

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.77
Price
RM0.51
GF Value