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SMIS BhdXKLS:7132 50 Return-on-Tangible-Equity is 0.79% as of Mar. 2026. GuruFocus rates XKLS:7132 with a GF Score™ of 50/100 and a GF Value™ of RM0.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,284 Vehicles & Parts companies, SMIS Bhd ranks worse than 65.19% 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. SMIS Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM0.6 Mil. SMIS Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM75.7 Mil. Therefore, SMIS Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.79%.
The historical rank and industry rank for SMIS Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7132'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.99 Med: -2.45 Max: 35.24
Current: 3.94
During the past 13 years, SMIS Bhd's highest Return-on-Tangible-Equity was 35.24%. The lowest was -9.99%. And the median was -2.45%.
XKLS:7132's Return-on-Tangible-Equity is ranked worse than 65.19% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs XKLS:7132: 3.94
SMIS Bhd (XKLS:7132) 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.
SMIS Bhd Return-on-Tangible-Equity Related Terms
SMIS Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SMIS 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:7132 vs ORLY, AZO, GPC: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, SMIS 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.
SMIS Bhd Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SMIS Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SMIS 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 0.79% mean?
SMIS Bhd (XKLS:7132) has a Return-on-Tangible-Equity of 0.79% 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 SMIS Bhd and its competitors. According to the industry distribution chart, SMIS Bhd ranks #837 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 65.2%.
Is SMIS Bhd's Return-on-Tangible-Equity too high?
SMIS Bhd's current Return-on-Tangible-Equity is 0.79%. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.48. SMIS Bhd's value of 0.79% is 89.4% below this industry median. Based on the distribution chart, SMIS Bhd ranks #837 out of 1284 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, SMIS Bhd has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SMIS Bhd's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SMIS Bhd ranks #837 out of 1284 companies for Return-on-Tangible-Equity. This places SMIS Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. SMIS Bhd's value of 0.79% is 89.4% below this benchmark. 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. SMIS Bhd's current Return-on-Tangible-Equity of 0.79% is 89.4% 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 SMIS 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. SMIS Bhd's current Return-on-Tangible-Equity is 0.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIS Bhd stock overvalued right now?
Based on GuruFocus' analysis, SMIS Bhd (XKLS:7132) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.67, compared to a current price of RM0.53 — trading 20.9% below its estimated fair value. The current Return-on-Tangible-Equity is 0.79% and 89.4% below the Vehicles & Parts industry median of 7.48. SMIS Bhd's overall GF Score™ is 50/100 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 SMIS Bhd (XKLS:7132), the current Return-on-Tangible-Equity is 0.79% 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 SMIS Bhd (XKLS:7132) Overvalued in 2026?
Based on GuruFocus' analysis, SMIS Bhd stock appears to be undervalued.
The current stock price of RM0.53 is trading 20.9% below its estimated GF Value™ of RM0.67.
GuruFocus considers SMIS Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7132:
Return-on-Tangible-Equity: 0.79%
GF Value™: RM0.67 vs. price of RM0.53 (20.9% below fair value)
Industry Position: 89.4% below the Vehicles & Parts median (#837 of 1284)
No single metric tells the full story. See the XKLS:7132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMIS Corp Bhd is engaged in manufacturing and trading of carpet of all descriptions, automotive braking components and motorcycle components with a lesser portion of business generated from trading of industrial spares. Its products are supplied to Malaysia, Indonesia and Thailand. Business from the industrial spares and braking components are supplied out of Malaysia whilst automotive carpets are supplied from Malaysia and Indonesia. Its segments include Automotive parts, which derives the majority of the revenue, engaged in manufacturing and trading of carpet of all descriptions and manufacturing of automotive braking components and motorcycle components; Machinery parts engaged in trading of machinery and industrial parts supplies; and Others, engaged in investment holding and dormants.
50GF Score
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