Wong Engineering BhdXKLS:7050 37 Return-on-Tangible-Equity is 2.68% as of Apr. 2026, which is 38% below its 10-year median of 4.35. GuruFocus rates XKLS:7050 with a GF Score™ of 37/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,973 Industrial Products companies, Wong Engineering Bhd ranks worse than 78.74% 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. Wong Engineering Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM2.03 Mil. Wong Engineering Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM75.78 Mil. Therefore, Wong Engineering Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 2.68%.
The historical rank and industry rank for Wong Engineering Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7050'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.3 Med: 4.35 Max: 13.87
Current: -1.88
During the past 13 years, Wong Engineering Bhd's highest Return-on-Tangible-Equity was 13.87%. The lowest was -16.30%. And the median was 4.35%.
XKLS:7050's Return-on-Tangible-Equity is ranked worse than 78.74% of 2973
companies
in the Industrial Products industry
Industry Median: 6.72
vs XKLS:7050: -1.88
Wong Engineering Bhd (XKLS:7050) 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.
Wong Engineering Bhd Return-on-Tangible-Equity Related Terms
Wong Engineering Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wong Engineering 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.
Wong Engineering Bhd Return-on-Tangible-Equity Chart
XKLS:7050 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Wong Engineering 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.
Wong Engineering Bhd Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wong Engineering 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 2.68% mean?
Wong Engineering Bhd (XKLS:7050) has a Return-on-Tangible-Equity of 2.68% 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 Wong Engineering Bhd and its competitors. This is 38% below median its historical median of 4.35. According to the industry distribution chart, Wong Engineering Bhd ranks #2341 out of 2973 companies in the Industrial Products industry, placing it in the top 78.7%.
Is Wong Engineering Bhd's Return-on-Tangible-Equity too high?
Wong Engineering Bhd's current Return-on-Tangible-Equity of 2.68% is 38% below median its 10-year median of 4.35. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Wong Engineering Bhd's value of 2.68% is 60.1% below this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #2341 out of 2973 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Wong Engineering Bhd has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #2341 out of 2973 companies for Return-on-Tangible-Equity. This places Wong Engineering Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Wong Engineering Bhd's value of 2.68% is 60.1% below this benchmark. While the company's 10-year median is 4.35 vs. the industry median of 6.72, Wong Engineering Bhd has consistently been below 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 Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,973 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. Wong Engineering Bhd's current Return-on-Tangible-Equity of 2.68% is 60.1% below 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 Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current Return-on-Tangible-Equity is 2.68%, which is 38% below median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.17 — trading 45% below its estimated fair value. The current Return-on-Tangible-Equity is 2.68%, which is 38% below median its 10-year median of 4.35 and 60.1% below the Industrial Products industry median of 6.72. Wong Engineering Bhd's overall GF Score™ is 37/100 with 3 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 Wong Engineering Bhd (XKLS:7050), the current Return-on-Tangible-Equity is 2.68% 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 Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?
Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 45% below its estimated GF Value™ of RM0.30.
GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7050:
Return-on-Tangible-Equity: 2.68% (38% below median its 10-year median of 4.35)
GF Value™: RM0.30 vs. price of RM0.17 (45% below fair value)
Industry Position: 60.1% below the Industrial Products median (#2341 of 2973)
No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
37GF Score
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