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. Toyo Ventures Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-43.59 Mil. Toyo Ventures Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM55.23 Mil. Therefore, Toyo Ventures Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -78.92%.
The historical rank and industry rank for Toyo Ventures Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7173'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.96 Med: 0.82 Max: 4.04
Current: -10.96
During the past 13 years, Toyo Ventures Holdings Bhd's highest Return-on-Tangible-Equity was 4.04%. The lowest was -10.96%. And the median was 0.82%.
XKLS:7173's Return-on-Tangible-Equity is ranked worse than 86.34% of 1567
companies
in the Chemicals industry
Industry Median: 5.7
vs XKLS:7173: -10.96
Toyo Ventures Holdings Bhd (XKLS:7173) 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.
Toyo Ventures Holdings Bhd Return-on-Tangible-Equity Related Terms
Toyo Ventures 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.
Toyo Ventures Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:7173 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Toyo Ventures 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.
Toyo Ventures Holdings Bhd Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Toyo Ventures Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Toyo Ventures 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 -78.92% mean?
Toyo Ventures Holdings Bhd (XKLS:7173) has a Return-on-Tangible-Equity of -78.92% 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 Toyo Ventures Holdings Bhd and its competitors. According to the industry distribution chart, Toyo Ventures Holdings Bhd ranks #1353 out of 1567 companies in the Chemicals industry, placing it in the top 86.3%.
Is Toyo Ventures Holdings Bhd's Return-on-Tangible-Equity too high?
Toyo Ventures Holdings Bhd's current Return-on-Tangible-Equity is -78.92%. Based on the distribution chart, Toyo Ventures Holdings Bhd ranks #1353 out of 1567 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Toyo Ventures Holdings Bhd has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toyo Ventures Holdings Bhd's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toyo Ventures Holdings Bhd ranks #1353 out of 1567 companies for Return-on-Tangible-Equity. This places Toyo Ventures Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.70. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,567 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 Toyo Ventures Holdings Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Ventures Holdings Bhd's current Return-on-Tangible-Equity is -78.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Ventures Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Toyo Ventures Holdings Bhd (XKLS:7173) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.33, compared to a current price of RM0.22 — trading 34.8% below its estimated fair value. The current Return-on-Tangible-Equity is -78.92%. Toyo Ventures Holdings Bhd's overall GF Score™ is 32/100 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 Toyo Ventures Holdings Bhd (XKLS:7173), the current Return-on-Tangible-Equity is -78.92% 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 Toyo Ventures Holdings Bhd (XKLS:7173) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Ventures Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.22 is trading 34.8% below its estimated GF Value™ of RM0.33.
GuruFocus considers Toyo Ventures Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7173:
Return-on-Tangible-Equity: -78.92%
GF Value™: RM0.33 vs. price of RM0.22 (34.8% below fair value)
No single metric tells the full story. See the XKLS:7173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Ventures Holdings Bhd is a Malaysia-based investment holding company. Its reportable operating segments include Manufacturing, Trading and investment holding, and Energy. The majority of its revenue is generated from the Manufacturing and trading segment, which is involved in the manufacturing of printing ink, colour pigment, colourants for plastic, EDM cutwire and graphic art, CNC machining of graphite and copper EDM electrodes, files, chemicals, and equipment for lithography and allied industries. Geographically, the company generates maximum revenue from Malaysia and also has its presence in Vietnam.
32GF Score
Get the complete analysis for XKLS:7173
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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