Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Magni-Tech Industries BhdXKLS:7087 -1.13%76 Return-on-Tangible-Equity is 9.65% as of Apr. 2026, which is 45% below its 10-year median of 17.58. GuruFocus rates XKLS:7087 with a GF Score™ of 76/100 and a GF Value™ of RM2.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Magni-Tech Industries Bhd ranks better than 78.21% 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. Magni-Tech Industries Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM92 Mil. Magni-Tech Industries Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM952 Mil. Therefore, Magni-Tech Industries Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 9.65%.
The historical rank and industry rank for Magni-Tech Industries Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7087'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.12 Med: 17.58 Max: 32.82
Current: 13.17
During the past 13 years, Magni-Tech Industries Bhd's highest Return-on-Tangible-Equity was 32.82%. The lowest was 12.12%. And the median was 17.58%.
XKLS:7087's Return-on-Tangible-Equity is ranked better than 78.21% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs XKLS:7087: 13.17
Magni-Tech Industries Bhd (XKLS:7087) 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.
Magni-Tech Industries Bhd Return-on-Tangible-Equity Related Terms
Magni-Tech Industries Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Magni-Tech Industries 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.
Magni-Tech Industries Bhd Return-on-Tangible-Equity Chart
XKLS:7087 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Magni-Tech Industries 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.
Magni-Tech Industries Bhd Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Magni-Tech Industries Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Magni-Tech Industries 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 9.65% mean?
Magni-Tech Industries Bhd (XKLS:7087) has a Return-on-Tangible-Equity of 9.65% 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 Magni-Tech Industries Bhd and its competitors. This is 45% below median its historical median of 17.58. Over the past decade, Magni-Tech Industries Bhd's Return-on-Tangible-Equity has ranged from 12.12 to 32.82. According to the industry distribution chart, Magni-Tech Industries Bhd ranks #221 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.8%.
Is Magni-Tech Industries Bhd's Return-on-Tangible-Equity too high?
Magni-Tech Industries Bhd's current Return-on-Tangible-Equity of 9.65% is 45% below median its 10-year median of 17.58. Over the past 10 years, this metric has ranged from a low of 12.12 to a high of 32.82. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Magni-Tech Industries Bhd's value of 9.65% is 117.8% above this industry median. Based on the distribution chart, Magni-Tech Industries Bhd ranks #221 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Magni-Tech Industries Bhd has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magni-Tech Industries Bhd's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Magni-Tech Industries Bhd ranks #221 out of 1014 companies for Return-on-Tangible-Equity. This places Magni-Tech Industries Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Magni-Tech Industries Bhd's value of 9.65% is 117.8% above this benchmark. Historically, Magni-Tech Industries Bhd's own Return-on-Tangible-Equity has ranged from 12.12 to 32.82 over the past decade. While the company's 10-year median is 17.58 vs. the industry median of 4.43, Magni-Tech Industries 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,014 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. Magni-Tech Industries Bhd's current Return-on-Tangible-Equity of 9.65% is 117.8% 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 Magni-Tech Industries Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magni-Tech Industries Bhd's current Return-on-Tangible-Equity is 9.65%, which is 45% below median its own 10-year median of 17.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magni-Tech Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magni-Tech Industries Bhd (XKLS:7087) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.23, compared to a current price of RM1.75 — trading 21.5% below its estimated fair value. The current Return-on-Tangible-Equity is 9.65%, which is 45% below median its 10-year median of 17.58 and 117.8% above the Manufacturing - Apparel & Accessories industry median of 4.43. Magni-Tech Industries Bhd's overall GF Score™ is 76/100 with 2 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 Magni-Tech Industries Bhd (XKLS:7087), the current Return-on-Tangible-Equity is 9.65% 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 Magni-Tech Industries Bhd (XKLS:7087) Overvalued in 2026?
Based on GuruFocus' analysis, Magni-Tech Industries Bhd stock appears to be undervalued.
The current stock price of RM1.75 is trading 21.5% below its estimated GF Value™ of RM2.23.
GuruFocus considers Magni-Tech Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7087:
Return-on-Tangible-Equity: 9.65% (45% below median its 10-year median of 17.58)
GF Value™: RM2.23 vs. price of RM1.75 (21.5% below fair value)
Industry Position: 117.8% above the Manufacturing - Apparel & Accessories median (#221 of 1014)
No single metric tells the full story. See the XKLS:7087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.
76GF Score
Get the complete analysis for XKLS:7087
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7087 has been successfully added to your 
