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Nextgreen Global BhdXKLS:7241 60 Return-on-Tangible-Equity is 6.36% as of Mar. 2026, which is 85% above its 10-year median of 3.43. GuruFocus rates XKLS:7241 with a GF Score™ of 60/100 and a GF Value™ of RM1.50 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 553 Conglomerates companies, Nextgreen Global Bhd ranks worse than 51.9% 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. Nextgreen Global Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM31.83 Mil. Nextgreen Global Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM500.25 Mil. Therefore, Nextgreen Global Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.36%.
The historical rank and industry rank for Nextgreen Global Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7241'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.83 Med: 3.43 Max: 7.15
Current: 7.15
During the past 13 years, Nextgreen Global Bhd's highest Return-on-Tangible-Equity was 7.15%. The lowest was -8.83%. And the median was 3.43%.
XKLS:7241's Return-on-Tangible-Equity is ranked worse than 51.9% of 553
companies
in the Conglomerates industry
Industry Median: 7.44
vs XKLS:7241: 7.15
Nextgreen Global Bhd (XKLS:7241) 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.
Nextgreen Global Bhd Return-on-Tangible-Equity Related Terms
Nextgreen Global Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nextgreen Global 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.
Nextgreen Global Bhd Return-on-Tangible-Equity Chart
XKLS:7241 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Nextgreen Global 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.
Nextgreen Global Bhd Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nextgreen Global Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nextgreen Global 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 6.36% mean?
Nextgreen Global Bhd (XKLS:7241) has a Return-on-Tangible-Equity of 6.36% 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 Nextgreen Global Bhd and its competitors. This is 85% above median its historical median of 3.43. According to the industry distribution chart, Nextgreen Global Bhd ranks #287 out of 553 companies in the Conglomerates industry, placing it in the top 51.9%.
Is Nextgreen Global Bhd's Return-on-Tangible-Equity too high?
Nextgreen Global Bhd's current Return-on-Tangible-Equity of 6.36% is 85% above median its 10-year median of 3.43. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Nextgreen Global Bhd's value of 6.36% is 14.5% below this industry median. Based on the distribution chart, Nextgreen Global Bhd ranks #287 out of 553 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Nextgreen Global Bhd has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nextgreen Global Bhd's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nextgreen Global Bhd ranks #287 out of 553 companies for Return-on-Tangible-Equity. This places Nextgreen Global Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.44. Nextgreen Global Bhd's value of 6.36% is 14.5% below this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 7.44, Nextgreen Global 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 553 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. Nextgreen Global Bhd's current Return-on-Tangible-Equity of 6.36% is 14.5% 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 Nextgreen Global Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextgreen Global Bhd's current Return-on-Tangible-Equity is 6.36%, which is 85% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextgreen Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nextgreen Global Bhd (XKLS:7241) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.50, compared to a current price of RM0.76 — trading 49.7% below its estimated fair value. The current Return-on-Tangible-Equity is 6.36%, which is 85% above median its 10-year median of 3.43 and 14.5% below the Conglomerates industry median of 7.44. Nextgreen Global Bhd's overall GF Score™ is 60/100 with 9 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 Nextgreen Global Bhd (XKLS:7241), the current Return-on-Tangible-Equity is 6.36% 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 Nextgreen Global Bhd (XKLS:7241) Overvalued in 2026?
Based on GuruFocus' analysis, Nextgreen Global Bhd stock appears to be undervalued.
The current stock price of RM0.76 is trading 49.7% below its estimated GF Value™ of RM1.50.
GuruFocus considers Nextgreen Global Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7241:
Return-on-Tangible-Equity: 6.36% (85% above median its 10-year median of 3.43)
GF Value™: RM1.50 vs. price of RM0.76 (49.7% below fair value)
Industry Position: 14.5% below the Conglomerates median (#287 of 553)
No single metric tells the full story. See the XKLS:7241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nextgreen Global Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reporting segments: Investment holding, Printing and publishing, Manufacturing, Property and construction, and Utility and renewable energy. A majority of its revenue is generated from the Manufacturing segment, which engages in processing, manufacturing, import, export, and trading of pulps and papers, fertilizers, animal feeds, and related products from waste products. Geographically, the group generates maximum revenue from Malaysia, and the rest from China, France, Singapore, the United States of America, and other regions.
60GF Score
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