V.S Industry BhdXKLS:6963 46 Return-on-Tangible-Equity is -6.37% as of Apr. 2026. GuruFocus rates XKLS:6963 with a GF Score™ of 46/100 and a GF Value™ of RM0.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,377 Hardware companies, V.S Industry Bhd ranks worse than 73.79% 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. V.S Industry Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM-132 Mil. V.S Industry Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM2,065 Mil. Therefore, V.S Industry Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was -6.37%.
The historical rank and industry rank for V.S Industry Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:6963'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.05 Med: 11.27 Max: 17.84
Current: -3.05
During the past 13 years, V.S Industry Bhd's highest Return-on-Tangible-Equity was 17.84%. The lowest was -3.05%. And the median was 11.27%.
XKLS:6963's Return-on-Tangible-Equity is ranked worse than 73.79% of 2377
companies
in the Hardware industry
Industry Median: 5.27
vs XKLS:6963: -3.05
V.S Industry Bhd (XKLS:6963) 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.
V.S Industry Bhd Return-on-Tangible-Equity Related Terms
V.S Industry Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for V.S Industry 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:6963 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, V.S Industry 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.
V.S Industry Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, V.S Industry Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where V.S Industry 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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -6.37% mean?
V.S Industry Bhd (XKLS:6963) has a Return-on-Tangible-Equity of -6.37% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on V.S Industry Bhd and its competitors. According to the industry distribution chart, V.S Industry Bhd ranks #1754 out of 2377 companies in the Hardware industry, placing it in the top 73.8%.
Is V.S Industry Bhd's Return-on-Tangible-Equity too high?
V.S Industry Bhd's current Return-on-Tangible-Equity is -6.37%. Based on the distribution chart, V.S Industry Bhd ranks #1754 out of 2377 companies in the Hardware industry, which is below the industry midpoint. Overall, V.S Industry Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does V.S Industry Bhd's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, V.S Industry Bhd ranks #1754 out of 2377 companies for Return-on-Tangible-Equity. This places V.S Industry Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.27. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,377 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 V.S Industry Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V.S Industry Bhd's current Return-on-Tangible-Equity is -6.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.S Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, V.S Industry Bhd (XKLS:6963) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.70, compared to a current price of RM0.20 — trading 72.1% below its estimated fair value. The current Return-on-Tangible-Equity is -6.37%. V.S Industry Bhd's overall GF Score™ is 46/100 with 6 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 V.S Industry Bhd (XKLS:6963), the current Return-on-Tangible-Equity is -6.37% as of Apr. 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 V.S Industry Bhd (XKLS:6963) Overvalued in 2026?
Based on GuruFocus' analysis, V.S Industry Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 72.1% below its estimated GF Value™ of RM0.70.
GuruFocus considers V.S Industry Bhd to be Possible Value Trap.
Key valuation signals for XKLS:6963:
Return-on-Tangible-Equity: -6.37%
GF Value™: RM0.70 vs. price of RM0.20 (72.1% below fair value)
No single metric tells the full story. See the XKLS:6963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V.S Industry Bhd is engaged in the manufacturing, assembling and sale of electronic and electrical products and plastic moulded components and parts, and operates as an Electronics Manufacturing Services (EMS) provider. Its manufacturing services include plastic injection mould design and moulding, printed circuit board production, automated assembly, and packaging and logistics. The Group operates in two segments: Malaysia, covering manufacturing, assembling and sales based in Malaysia with branches in Singapore and the Philippines; and Indonesia, involving assembly, sales and injection moulding activities. Geographically, the Group derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Singapore, the PRC, and other regions.
46GF Score
Get the complete analysis for XKLS:6963
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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