Progressive Impact BhdXKLS:7201 +7.69% Return-on-Tangible-Equity is 9.63% as of Mar. 2026. The stock has 8 warning signs investors should review. Among 226 Waste Management companies, Progressive Impact Bhd ranks worse than 54.87% 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. Progressive Impact Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM3.9 Mil. Progressive Impact Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM40.6 Mil. Therefore, Progressive Impact Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.63%.
The historical rank and industry rank for Progressive Impact Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7201'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.82 Med: -5.74 Max: 7.38
Current: 7.38
During the past 13 years, Progressive Impact Bhd's highest Return-on-Tangible-Equity was 7.38%. The lowest was -16.82%. And the median was -5.74%.
XKLS:7201's Return-on-Tangible-Equity is ranked worse than 54.87% of 226
companies
in the Waste Management industry
Industry Median: 9.14
vs XKLS:7201: 7.38
Progressive Impact Bhd (XKLS:7201) 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.
Progressive Impact Bhd Return-on-Tangible-Equity Related Terms
Progressive Impact Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Progressive Impact 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.
Progressive Impact Bhd Return-on-Tangible-Equity Chart
XKLS:7201 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Progressive Impact 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.
Progressive Impact Bhd Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Progressive Impact Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Progressive Impact 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 9.63% mean?
Progressive Impact Bhd (XKLS:7201) has a Return-on-Tangible-Equity of 9.63% 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 Progressive Impact Bhd and its competitors. According to the industry distribution chart, Progressive Impact Bhd ranks #124 out of 226 companies in the Waste Management industry, placing it in the top 54.9%.
Is Progressive Impact Bhd's Return-on-Tangible-Equity too high?
Progressive Impact Bhd's current Return-on-Tangible-Equity is 9.63%. The Waste Management industry median Return-on-Tangible-Equity is 9.14. Progressive Impact Bhd's value of 9.63% is 5.4% above this industry median. Based on the distribution chart, Progressive Impact Bhd ranks #124 out of 226 companies in the Waste Management industry, which is below the industry midpoint.
How does Progressive Impact Bhd's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Progressive Impact Bhd ranks #124 out of 226 companies for Return-on-Tangible-Equity. This places Progressive Impact Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.14. Progressive Impact Bhd's value of 9.63% is 5.4% above 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.14, based on 226 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. Progressive Impact Bhd's current Return-on-Tangible-Equity of 9.63% is 5.4% 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 Progressive Impact Bhd and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Impact Bhd's current Return-on-Tangible-Equity is 9.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Impact Bhd stock overvalued right now?
Based on GuruFocus' analysis, Progressive Impact Bhd (XKLS:7201) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading right at its estimated fair value. The current Return-on-Tangible-Equity is 9.63% and 5.4% above the Waste Management industry median of 9.14. 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 Progressive Impact Bhd (XKLS:7201), the current Return-on-Tangible-Equity is 9.63% 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.
Progressive Impact Corp Bhd is a Malaysia-based investment company engaged in the provision of environmental consulting and monitoring, monitoring systems integration, ocean data monitoring, laboratory testing services, and wastewater treatment and solution. The group's business segments are Environmental consultancy and monitoring services that provide environmental-related services, Laboratory testing services that offer chemical testing, consultancy, and related services, and Wastewater treatment and solutions engaged in the provision of sewerage and solid waste management systems. It operates in Malaysia, Indonesia, and Saudi Arabia, and generates its key revenue from Malaysia.
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