New Hoong Fatt Holdings BhdXKLS:7060 67 Return-on-Tangible-Equity is 2.18% as of Mar. 2026, which is 57% below its 10-year median of 5.10. GuruFocus rates XKLS:7060 with a GF Score™ of 67/100 and a GF Value™ of RM1.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,283 Vehicles & Parts companies, New Hoong Fatt Holdings Bhd ranks worse than 64.15% 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. New Hoong Fatt Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM12.9 Mil. New Hoong Fatt Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM591.6 Mil. Therefore, New Hoong Fatt Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.18%.
The historical rank and industry rank for New Hoong Fatt Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7060'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.48 Med: 5.1 Max: 9.02
Current: 4.06
During the past 13 years, New Hoong Fatt Holdings Bhd's highest Return-on-Tangible-Equity was 9.02%. The lowest was 2.48%. And the median was 5.10%.
XKLS:7060's Return-on-Tangible-Equity is ranked worse than 64.15% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs XKLS:7060: 4.06
New Hoong Fatt Holdings Bhd (XKLS:7060) 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.
New Hoong Fatt Holdings Bhd Return-on-Tangible-Equity Related Terms
New Hoong Fatt Holdings Bhd Return-on-Tangible-Equity Historical Data
* 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.
New Hoong Fatt Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:7060 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, New Hoong Fatt 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.
New Hoong Fatt Holdings Bhd Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, New Hoong Fatt Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where New Hoong Fatt 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 (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 2.18% mean?
New Hoong Fatt Holdings Bhd (XKLS:7060) has a Return-on-Tangible-Equity of 2.18% 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 New Hoong Fatt Holdings Bhd and its competitors. This is 57% below median its historical median of 5.10. Over the past decade, New Hoong Fatt Holdings Bhd's Return-on-Tangible-Equity has ranged from 2.48 to 9.02. According to the industry distribution chart, New Hoong Fatt Holdings Bhd ranks #823 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 64.1%.
Is New Hoong Fatt Holdings Bhd's Return-on-Tangible-Equity too high?
New Hoong Fatt Holdings Bhd's current Return-on-Tangible-Equity of 2.18% is 57% below median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 9.02. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. New Hoong Fatt Holdings Bhd's value of 2.18% is 70.8% below this industry median. Based on the distribution chart, New Hoong Fatt Holdings Bhd ranks #823 out of 1283 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, New Hoong Fatt Holdings Bhd has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Hoong Fatt Holdings Bhd's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, New Hoong Fatt Holdings Bhd ranks #823 out of 1283 companies for Return-on-Tangible-Equity. This places New Hoong Fatt Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. New Hoong Fatt Holdings Bhd's value of 2.18% is 70.8% below this benchmark. Historically, New Hoong Fatt Holdings Bhd's own Return-on-Tangible-Equity has ranged from 2.48 to 9.02 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 7.47, New Hoong Fatt Holdings 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 a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. New Hoong Fatt Holdings Bhd's current Return-on-Tangible-Equity of 2.18% is 70.8% 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 New Hoong Fatt Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hoong Fatt Holdings Bhd's current Return-on-Tangible-Equity is 2.18%, which is 57% below median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hoong Fatt Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, New Hoong Fatt Holdings Bhd (XKLS:7060) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.55, compared to a current price of RM1.36 — trading 12.3% below its estimated fair value. The current Return-on-Tangible-Equity is 2.18%, which is 57% below median its 10-year median of 5.10 and 70.8% below the Vehicles & Parts industry median of 7.47. New Hoong Fatt Holdings Bhd's overall GF Score™ is 67/100 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 New Hoong Fatt Holdings Bhd (XKLS:7060), the current Return-on-Tangible-Equity is 2.18% 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 New Hoong Fatt Holdings Bhd (XKLS:7060) Overvalued in 2026?
Based on GuruFocus' analysis, New Hoong Fatt Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.36 is trading 12.3% below its estimated GF Value™ of RM1.55.
GuruFocus considers New Hoong Fatt Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7060:
Return-on-Tangible-Equity: 2.18% (57% below median its 10-year median of 5.10)
GF Value™: RM1.55 vs. price of RM1.36 (12.3% below fair value)
Industry Position: 70.8% below the Vehicles & Parts median (#823 of 1283)
No single metric tells the full story. See the XKLS:7060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hoong Fatt Holdings Bhd is an investment holding company based in Malaysia that provides automotive parts solutions through its subsidiaries. Its products are classified under different categories such as Metal Automotive parts which include door, hood, tailgate, fender, trunk lid, and bonnet; Plastic Automotive parts such as the bumper, grille, lamp, lamp accessories, door handle, and door mirror; and Automotive Accessories such as oil filter, spark plug, brake pad, air filter, ignition switch, fan motor, and others. The company's geographical segments include Malaysia; ASEAN; and Non-ASEAN. It derives the majority of the revenue from Malaysia.
67GF Score
Get the complete analysis for XKLS:7060
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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