Thriven Global BhdXKLS:7889 -6.25% Return-on-Tangible-Equity is 23.12% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,714 Real Estate companies, Thriven Global Bhd ranks worse than 89.67% 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. Thriven Global Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM15.54 Mil. Thriven Global Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM67.21 Mil. Therefore, Thriven Global Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.12%.
The historical rank and industry rank for Thriven Global Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7889'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -35.84 Med: -5.72 Max: 12.44
Current: -18.24
During the past 13 years, Thriven Global Bhd's highest Return-on-Tangible-Equity was 12.44%. The lowest was -35.84%. And the median was -5.72%.
XKLS:7889's Return-on-Tangible-Equity is ranked worse than 89.67% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs XKLS:7889: -18.24
Thriven Global Bhd (XKLS:7889) 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.
Thriven Global Bhd Return-on-Tangible-Equity Related Terms
Thriven Global Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thriven 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.
Thriven Global Bhd Return-on-Tangible-Equity Chart
Thriven Global Bhd Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, Thriven 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.
Thriven Global Bhd Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Thriven Global Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thriven 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 23.12% mean?
Thriven Global Bhd (XKLS:7889) has a Return-on-Tangible-Equity of 23.12% 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 Thriven Global Bhd and its competitors. According to the industry distribution chart, Thriven Global Bhd ranks #1537 out of 1714 companies in the Real Estate industry, placing it in the top 89.7%.
Is Thriven Global Bhd's Return-on-Tangible-Equity too high?
Thriven Global Bhd's current Return-on-Tangible-Equity is 23.12%. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Thriven Global Bhd's value of 23.12% is 441.5% above this industry median. Based on the distribution chart, Thriven Global Bhd ranks #1537 out of 1714 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Thriven Global Bhd's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Thriven Global Bhd ranks #1537 out of 1714 companies for Return-on-Tangible-Equity. This places Thriven Global Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Thriven Global Bhd's value of 23.12% is 441.5% 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 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. Thriven Global Bhd's current Return-on-Tangible-Equity of 23.12% is 441.5% 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 Thriven Global Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thriven Global Bhd's current Return-on-Tangible-Equity is 23.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thriven Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thriven Global Bhd (XKLS:7889) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.08 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Equity is 23.12% and 441.5% above the Real Estate industry median of 4.27. 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 Thriven Global Bhd (XKLS:7889), the current Return-on-Tangible-Equity is 23.12% 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.
Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through the segments, Property Development which is engaged in the development of residential and commercial properties. The Property Investment segment is engaged in the management and leasing of properties, Food and beverages, and investment holding activities. The company generates the majority of its revenue from the Property Development segment. The group operates only in Malaysia.
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