Salcon BhdXKLS:8567 -2.50%46 Return-on-Tangible-Equity is -0.43% as of Mar. 2026. GuruFocus rates XKLS:8567 with a GF Score™ of 46/100 and a GF Value™ of RM0.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 226 Waste Management companies, Salcon Bhd ranks worse than 70.8% 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. Salcon Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-1.8 Mil. Salcon Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM417.1 Mil. Therefore, Salcon Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.43%.
The historical rank and industry rank for Salcon Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:8567'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.07 Med: -0.49 Max: 4.31
Current: -0.49
During the past 13 years, Salcon Bhd's highest Return-on-Tangible-Equity was 4.31%. The lowest was -6.07%. And the median was -0.49%.
XKLS:8567's Return-on-Tangible-Equity is ranked worse than 70.8% of 226
companies
in the Waste Management industry
Industry Median: 9.24
vs XKLS:8567: -0.49
Salcon Bhd (XKLS:8567) 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.
Salcon Bhd Return-on-Tangible-Equity Related Terms
Salcon Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Salcon 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:8567 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Salcon 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.
Salcon Bhd Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Salcon Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Salcon 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 -0.43% mean?
Salcon Bhd (XKLS:8567) has a Return-on-Tangible-Equity of -0.43% 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 Salcon Bhd and its competitors. According to the industry distribution chart, Salcon Bhd ranks #160 out of 226 companies in the Waste Management industry, placing it in the top 70.8%.
Is Salcon Bhd's Return-on-Tangible-Equity too high?
Salcon Bhd's current Return-on-Tangible-Equity is -0.43%. Based on the distribution chart, Salcon Bhd ranks #160 out of 226 companies in the Waste Management industry, which is below the industry midpoint. Overall, Salcon Bhd has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salcon Bhd's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Salcon Bhd ranks #160 out of 226 companies for Return-on-Tangible-Equity. This places Salcon Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.24. 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 9.24, 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. 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 Salcon Bhd and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salcon Bhd's current Return-on-Tangible-Equity is -0.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salcon Bhd stock overvalued right now?
Based on GuruFocus' analysis, Salcon Bhd (XKLS:8567) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.20 — trading 25% below its estimated fair value. The current Return-on-Tangible-Equity is -0.43%. Salcon Bhd's overall GF Score™ is 46/100 with 4 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 Salcon Bhd (XKLS:8567), the current Return-on-Tangible-Equity is -0.43% 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 Salcon Bhd (XKLS:8567) Overvalued in 2026?
Based on GuruFocus' analysis, Salcon Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 25% below its estimated GF Value™ of RM0.26.
GuruFocus considers Salcon Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:8567:
Return-on-Tangible-Equity: -0.43%
GF Value™: RM0.26 vs. price of RM0.20 (25% below fair value)
No single metric tells the full story. See the XKLS:8567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salcon Bhd is a water and wastewater engineering company. The company operates in five reportable segments that are Engineering & Constructions, Trading & Services, Glove Manufacturing, Property Development, and Healthcare Services. The company generates maximum revenue from the Engineering & Construction segment. The company operates in Malaysia, the United States, Sri Lanka, India, the United Kingdom, Vietnam, and others, out of which Malaysia accounts for the majority of the revenue.
46GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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