Zecon BhdXKLS:7028 29 Return-on-Tangible-Equity is -1.50% as of Mar. 2026. GuruFocus rates XKLS:7028 with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 1,709 Construction companies, Zecon Bhd ranks worse than 76.89% 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. Zecon Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-4.4 Mil. Zecon Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM290.9 Mil. Therefore, Zecon Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.50%.
The historical rank and industry rank for Zecon Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7028'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.4 Med: 3.88 Max: 40.16
Current: 0.21
During the past 13 years, Zecon Bhd's highest Return-on-Tangible-Equity was 40.16%. The lowest was -22.40%. And the median was 3.88%.
XKLS:7028's Return-on-Tangible-Equity is ranked worse than 76.89% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs XKLS:7028: 0.21
Zecon Bhd (XKLS:7028) 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.
Zecon Bhd Return-on-Tangible-Equity Related Terms
Zecon Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zecon 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:7028 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Zecon 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.
Zecon Bhd Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Zecon Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zecon 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 -1.50% mean?
Zecon Bhd (XKLS:7028) has a Return-on-Tangible-Equity of -1.50% 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 Zecon Bhd and its competitors. According to the industry distribution chart, Zecon Bhd ranks #1314 out of 1709 companies in the Construction industry, placing it in the top 76.9%.
Is Zecon Bhd's Return-on-Tangible-Equity too high?
Zecon Bhd's current Return-on-Tangible-Equity is -1.50%. Based on the distribution chart, Zecon Bhd ranks #1314 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Zecon Bhd has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Zecon Bhd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Zecon Bhd ranks #1314 out of 1709 companies for Return-on-Tangible-Equity. This places Zecon Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 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 Zecon Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zecon Bhd's current Return-on-Tangible-Equity is -1.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zecon Bhd stock overvalued right now?
Zecon Bhd (XKLS:7028) has a current Return-on-Tangible-Equity of -1.50%. The current Return-on-Tangible-Equity is -1.50%. Zecon Bhd's overall GF Score™ is 29/100 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 Zecon Bhd (XKLS:7028), the current Return-on-Tangible-Equity is -1.50% 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.
Zecon Bhd provides civil engineering and building construction services. The company operates through the following business segments: Construction, Property Development, Service Concession, Property Holding, Renewable Energy, Hotel Operations, Car Park Management, and Others. The Construction segment engages in piling works, foundation engineering, and building construction. The Property Development segment engages in property holding and development. The Service Concession segment engages in the construction, operation, and maintenance of the hospital. The Other segment engages in management services. The firm derives the majority of its revenue from the Service concession segment.
29GF Score
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