MCE Holdings BhdXKLS:7004 -0.65%80 Return-on-Tangible-Equity is 14.59% as of Apr. 2026, which is 9019% above its 10-year median of 0.16. GuruFocus rates XKLS:7004 with a GF Score™ of 80/100 and a GF Value™ of RM1.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,284 Vehicles & Parts companies, MCE Holdings Bhd ranks better than 61.76% 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. MCE Holdings Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM26.3 Mil. MCE Holdings Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM180.5 Mil. Therefore, MCE Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 14.59%.
The historical rank and industry rank for MCE Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7004'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.9 Med: 0.16 Max: 16.2
Current: 10.79
During the past 13 years, MCE Holdings Bhd's highest Return-on-Tangible-Equity was 16.20%. The lowest was -7.90%. And the median was 0.16%.
XKLS:7004's Return-on-Tangible-Equity is ranked better than 61.76% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs XKLS:7004: 10.79
MCE Holdings Bhd (XKLS:7004) 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.
MCE Holdings Bhd Return-on-Tangible-Equity Related Terms
MCE Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MCE 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.
XKLS:7004 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, MCE 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.
MCE Holdings Bhd Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MCE Holdings 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 14.59% mean?
MCE Holdings Bhd (XKLS:7004) has a Return-on-Tangible-Equity of 14.59% 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 MCE Holdings Bhd and its competitors. This is 9019% above median its historical median of 0.16. According to the industry distribution chart, MCE Holdings Bhd ranks #491 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 38.2%.
Is MCE Holdings Bhd's Return-on-Tangible-Equity too high?
MCE Holdings Bhd's current Return-on-Tangible-Equity of 14.59% is 9019% above median its 10-year median of 0.16. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.48. MCE Holdings Bhd's value of 14.59% is 95.1% above this industry median. Based on the distribution chart, MCE Holdings Bhd ranks #491 out of 1284 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MCE Holdings Bhd has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MCE Holdings Bhd's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MCE Holdings Bhd ranks #491 out of 1284 companies for Return-on-Tangible-Equity. This puts MCE Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.48. MCE Holdings Bhd's value of 14.59% is 95.1% above this benchmark. While the company's 10-year median is 0.16 vs. the industry median of 7.48, MCE Holdings 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.48, based on 1,284 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. MCE Holdings Bhd's current Return-on-Tangible-Equity of 14.59% is 95.1% 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 MCE Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCE Holdings Bhd's current Return-on-Tangible-Equity is 14.59%, which is 9019% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MCE Holdings Bhd (XKLS:7004) is currently considered Fairly Valued. The stock's GF Value™ is RM1.60, compared to a current price of RM1.53 — trading 4.4% below its estimated fair value. The current Return-on-Tangible-Equity is 14.59%, which is 9019% above median its 10-year median of 0.16 and 95.1% above the Vehicles & Parts industry median of 7.48. MCE Holdings Bhd's overall GF Score™ is 80/100 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 MCE Holdings Bhd (XKLS:7004), the current Return-on-Tangible-Equity is 14.59% 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 MCE Holdings Bhd (XKLS:7004) Overvalued in 2026?
Based on GuruFocus' analysis, MCE Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.53 is trading 4.4% below its estimated GF Value™ of RM1.60.
GuruFocus considers MCE Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:7004:
Return-on-Tangible-Equity: 14.59% (9019% above median its 10-year median of 0.16)
GF Value™: RM1.60 vs. price of RM1.53 (4.4% below fair value)
Industry Position: 95.1% above the Vehicles & Parts median (#491 of 1284)
No single metric tells the full story. See the XKLS:7004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.
80GF Score
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