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Formosa Prosonic Industries BhdXKLS:9172 +1.06%73 Return-on-Tangible-Equity is 3.12% as of Mar. 2026, which is 80% below its 10-year median of 15.26. GuruFocus rates XKLS:9172 with a GF Score™ of 73/100 and a GF Value™ of RM1.43 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,385 Hardware companies, Formosa Prosonic Industries Bhd ranks better than 53.79% on this metric.
The historical rank and industry rank for Formosa Prosonic Industries Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:9172'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.77 Med: 15.26 Max: 25.78
Current: 6.4
During the past 13 years, Formosa Prosonic Industries Bhd's highest Return-on-Tangible-Equity was 25.78%. The lowest was 5.77%. And the median was 15.26%.
XKLS:9172's Return-on-Tangible-Equity is ranked better than 53.79% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs XKLS:9172: 6.40
Formosa Prosonic Industries Bhd (XKLS:9172) 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.
Formosa Prosonic Industries Bhd Return-on-Tangible-Equity Related Terms
Formosa Prosonic Industries Bhd Return-on-Tangible-Equity Historical Data
* 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.
Formosa Prosonic Industries Bhd Return-on-Tangible-Equity Chart
XKLS:9172 vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, Formosa Prosonic Industries 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.
Formosa Prosonic Industries Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Formosa Prosonic Industries Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Formosa Prosonic Industries 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 3.12% mean?
Formosa Prosonic Industries Bhd (XKLS:9172) has a Return-on-Tangible-Equity of 3.12% 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 Formosa Prosonic Industries Bhd and its competitors. This is 80% below median its historical median of 15.26. Over the past decade, Formosa Prosonic Industries Bhd's Return-on-Tangible-Equity has ranged from 5.77 to 25.78. According to the industry distribution chart, Formosa Prosonic Industries Bhd ranks #1102 out of 2385 companies in the Hardware industry, placing it in the top 46.2%.
Is Formosa Prosonic Industries Bhd's Return-on-Tangible-Equity too high?
Formosa Prosonic Industries Bhd's current Return-on-Tangible-Equity of 3.12% is 80% below median its 10-year median of 15.26. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 25.78. The Hardware industry median Return-on-Tangible-Equity is 5.32. Formosa Prosonic Industries Bhd's value of 3.12% is 41.4% below this industry median. Based on the distribution chart, Formosa Prosonic Industries Bhd ranks #1102 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Formosa Prosonic Industries Bhd has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Formosa Prosonic Industries Bhd's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Formosa Prosonic Industries Bhd ranks #1102 out of 2385 companies for Return-on-Tangible-Equity. This puts Formosa Prosonic Industries Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Formosa Prosonic Industries Bhd's value of 3.12% is 41.4% below this benchmark. Historically, Formosa Prosonic Industries Bhd's own Return-on-Tangible-Equity has ranged from 5.77 to 25.78 over the past decade. While the company's 10-year median is 15.26 vs. the industry median of 5.32, Formosa Prosonic Industries 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. Formosa Prosonic Industries Bhd's current Return-on-Tangible-Equity of 3.12% is 41.4% 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 Formosa Prosonic Industries Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Prosonic Industries Bhd's current Return-on-Tangible-Equity is 3.12%, which is 80% below median its own 10-year median of 15.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Prosonic Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Formosa Prosonic Industries Bhd (XKLS:9172) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.43, compared to a current price of RM0.95 — trading 33.6% below its estimated fair value. The current Return-on-Tangible-Equity is 3.12%, which is 80% below median its 10-year median of 15.26 and 41.4% below the Hardware industry median of 5.32. Formosa Prosonic Industries Bhd's overall GF Score™ is 73/100 with 3 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 Formosa Prosonic Industries Bhd (XKLS:9172), the current Return-on-Tangible-Equity is 3.12% 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.
Is Formosa Prosonic Industries Bhd (XKLS:9172) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Prosonic Industries Bhd stock appears to be undervalued.
The current stock price of RM0.95 is trading 33.6% below its estimated GF Value™ of RM1.43.
GuruFocus considers Formosa Prosonic Industries Bhd to be Possible Value Trap.
Key valuation signals for XKLS:9172:
Return-on-Tangible-Equity: 3.12% (80% below median its 10-year median of 15.26)
GF Value™: RM1.43 vs. price of RM0.95 (33.6% below fair value)
Industry Position: 41.4% below the Hardware median (#1102 of 2385)
No single metric tells the full story. See the XKLS:9172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Prosonic Industries Bhd Business Description
Formosa Prosonic Industries Bhd is a Malaysian based company. Together with its subsidiaries the company is engaged in manufacturing, assembly and sales of High quality speaker systems, investment holding. Its reportable segments are Malaysia and United Kingdom with the majority of the revenue generated from Malaysia. Its product portfolio includes wireless speaker products, conventional speaker products, musical instrument products and acoustic products. It also offers services including design services, manufacturing services, supply chain support and quality systems.
73GF Score
Get the complete analysis for XKLS:9172
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