Mah Sing Group Bhd (XKLS:8583) Return-on-Tangible-Equity: 6.75% (As of Mar. 2026) — 15% Above Median


XKLS:8583 Mah Sing Group Bhd XKLS:8583
83 GF Score
Price RM0.96
GF Value RM1.11
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mah Sing Group Bhd Return-on-Tangible-Equity?

Mah Sing Group Bhd XKLS:8583 +1.06% 83 Return-on-Tangible-Equity is 6.75% as of Mar. 2026, which is 15% above its 10-year median of 5.85. GuruFocus rates XKLS:8583 with a GF Score™ of 83/100 and a GF Value™ of RM1.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,714 Real Estate companies, Mah Sing Group Bhd ranks better than 60.04% 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. Mah Sing Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM272 Mil. Mah Sing Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM4,035 Mil. Therefore, Mah Sing Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.75%.

The historical rank and industry rank for Mah Sing Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:8583' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.1   Med: 5.85   Max: 9.65
Current: 6.59

During the past 13 years, Mah Sing Group Bhd's highest Return-on-Tangible-Equity was 9.65%. The lowest was 2.10%. And the median was 5.85%.

XKLS:8583's Return-on-Tangible-Equity is ranked better than
60.04% of 1714 companies
in the Real Estate industry
Industry Median: 4.27 vs XKLS:8583: 6.59

Mah Sing Group Bhd  (XKLS:8583) 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.


Mah Sing Group Bhd Return-on-Tangible-Equity Related Terms


Mah Sing Group Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mah Sing Group 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.

Mah Sing Group Bhd Return-on-Tangible-Equity Chart

Mah Sing Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 4.70 5.94 6.32 6.51

Mah Sing Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.77 6.75 6.67 6.12 6.75

Mah Sing Group Bhd Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Mah Sing Group 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.


Mah Sing Group Bhd Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mah Sing Group Bhd's Return-on-Tangible-Equity falls into.


XKLS:8583
83GF Score
Mah Sing Group Bhd XKLS:8583
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mah Sing Group Bhd Return-on-Tangible-Equity Calculation

Mah Sing Group Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=260.077/( (3926.709+4065.562 )/ 2 )
=260.077/3996.1355
=6.51 %

Mah Sing Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=272.312/( (4065.562+4004.746)/ 2 )
=272.312/4035.154
=6.75 %

* 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 6.75% mean?
Mah Sing Group Bhd (XKLS:8583) has a Return-on-Tangible-Equity of 6.75% 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 Mah Sing Group Bhd and its competitors. This is 15% above median its historical median of 5.85. Over the past decade, Mah Sing Group Bhd's Return-on-Tangible-Equity has ranged from 2.10 to 9.65. According to the industry distribution chart, Mah Sing Group Bhd ranks #685 out of 1714 companies in the Real Estate industry, placing it in the top 40%.
Is Mah Sing Group Bhd's Return-on-Tangible-Equity too high?
Mah Sing Group Bhd's current Return-on-Tangible-Equity of 6.75% is 15% above median its 10-year median of 5.85. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 9.65. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Mah Sing Group Bhd's value of 6.75% is 58.1% above this industry median. Based on the distribution chart, Mah Sing Group Bhd ranks #685 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mah Sing Group Bhd has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mah Sing Group Bhd's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Mah Sing Group Bhd ranks #685 out of 1714 companies for Return-on-Tangible-Equity. This puts Mah Sing Group Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Mah Sing Group Bhd's value of 6.75% is 58.1% above this benchmark. Historically, Mah Sing Group Bhd's own Return-on-Tangible-Equity has ranged from 2.10 to 9.65 over the past decade. While the company's 10-year median is 5.85 vs. the industry median of 4.27, Mah Sing Group Bhd has consistently been above 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 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. Mah Sing Group Bhd's current Return-on-Tangible-Equity of 6.75% is 58.1% 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 Mah Sing Group 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. Mah Sing Group Bhd's current Return-on-Tangible-Equity is 6.75%, which is 15% above median its own 10-year median of 5.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mah Sing Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mah Sing Group Bhd (XKLS:8583) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.11, compared to a current price of RM0.96 — trading 14% below its estimated fair value. The current Return-on-Tangible-Equity is 6.75%, which is 15% above median its 10-year median of 5.85 and 58.1% above the Real Estate industry median of 4.27. Mah Sing Group Bhd's overall GF Score™ is 83/100 with 5 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 Mah Sing Group Bhd (XKLS:8583), the current Return-on-Tangible-Equity is 6.75% 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 Mah Sing Group Bhd (XKLS:8583) Overvalued in 2026?

Based on GuruFocus' analysis, Mah Sing Group Bhd stock appears to be undervalued. The current stock price of RM0.96 is trading 14% below its estimated GF Value™ of RM1.11. GuruFocus considers Mah Sing Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8583:

  • Return-on-Tangible-Equity: 6.75% (15% above median its 10-year median of 5.85)
  • GF Value™: RM1.11 vs. price of RM0.96 (14% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 58.1% above the Real Estate median (#685 of 1714)

No single metric tells the full story. See the XKLS:8583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mah Sing Group Bhd Business Description

Address No. 163, Jalan Sungai Besi, Penthouse Suite 1, Wisma Mah Sing, Kuala Lumpur, SGR, MYS, 57100
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The Property segment, which accounts for the majority of the company's revenue, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trades a range of plastic molded products and gloves. The Investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. Geographically, it derives maximum revenue from Malaysia, followed by Indonesia, Singapore, Thailand, Philippines, United States, Australia, and other countries.
83GF Score

Get the complete analysis for XKLS:8583

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.96
Price
RM1.11
GF Value