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Bonia BhdXKLS:9288 -2.22%85 Return-on-Tangible-Equity is 9.72% as of Mar. 2026, which is 46% above its 10-year median of 6.67. GuruFocus rates XKLS:9288 with a GF Score™ of 85/100 and a GF Value™ of RM1.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Bonia Bhd ranks worse than 67.82% 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. Bonia Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM34.0 Mil. Bonia Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM350.4 Mil. Therefore, Bonia Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.72%.
The historical rank and industry rank for Bonia Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:9288'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.78 Med: 6.67 Max: 16.31
Current: 0.78
During the past 13 years, Bonia Bhd's highest Return-on-Tangible-Equity was 16.31%. The lowest was 0.78%. And the median was 6.67%.
XKLS:9288's Return-on-Tangible-Equity is ranked worse than 67.82% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs XKLS:9288: 0.78
Bonia Bhd (XKLS:9288) 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.
Bonia Bhd Return-on-Tangible-Equity Related Terms
Bonia Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bonia 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:9288 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Bonia 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.
Bonia Bhd Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonia Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bonia 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 9.72% mean?
Bonia Bhd (XKLS:9288) has a Return-on-Tangible-Equity of 9.72% 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 Bonia Bhd and its competitors. This is 46% above median its historical median of 6.67. Over the past decade, Bonia Bhd's Return-on-Tangible-Equity has ranged from 0.78 to 16.31. According to the industry distribution chart, Bonia Bhd ranks #687 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67.8%.
Is Bonia Bhd's Return-on-Tangible-Equity too high?
Bonia Bhd's current Return-on-Tangible-Equity of 9.72% is 46% above median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 16.31. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Bonia Bhd's value of 9.72% is 119.4% above this industry median. Based on the distribution chart, Bonia Bhd ranks #687 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bonia Bhd has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bonia Bhd's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bonia Bhd ranks #687 out of 1013 companies for Return-on-Tangible-Equity. This places Bonia Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Bonia Bhd's value of 9.72% is 119.4% above this benchmark. Historically, Bonia Bhd's own Return-on-Tangible-Equity has ranged from 0.78 to 16.31 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 4.43, Bonia 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. Bonia Bhd's current Return-on-Tangible-Equity of 9.72% is 119.4% 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 Bonia Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonia Bhd's current Return-on-Tangible-Equity is 9.72%, which is 46% above median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bonia Bhd (XKLS:9288) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.35, compared to a current price of RM0.88 — trading 34.8% below its estimated fair value. The current Return-on-Tangible-Equity is 9.72%, which is 46% above median its 10-year median of 6.67 and 119.4% above the Manufacturing - Apparel & Accessories industry median of 4.43. Bonia Bhd's overall GF Score™ is 85/100 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 Bonia Bhd (XKLS:9288), the current Return-on-Tangible-Equity is 9.72% 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 Bonia Bhd (XKLS:9288) Overvalued in 2026?
Based on GuruFocus' analysis, Bonia Bhd stock appears to be undervalued.
The current stock price of RM0.88 is trading 34.8% below its estimated GF Value™ of RM1.35.
GuruFocus considers Bonia Bhd to be Possible Value Trap.
Key valuation signals for XKLS:9288:
Return-on-Tangible-Equity: 9.72% (46% above median its 10-year median of 6.67)
GF Value™: RM1.35 vs. price of RM0.88 (34.8% below fair value)
Industry Position: 119.4% above the Manufacturing - Apparel & Accessories median (#687 of 1013)
No single metric tells the full story. See the XKLS:9288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bonia Corp Bhd is principally engaged in product design, manufacturing, promotion, marketing, distribution, wholesale, and retail of luxury leatherwear, footwear, apparel, accessories, and eyewear for both men and women under its in-house brands as well as other internationally licensed brands. It operates through the following segments: Retailing, which generates the majority of revenue and designs, promotes, and markets fashionable apparel, footwear, accessories, and leather goods; Manufacturing, which produces and markets fashionable leather goods; and Investment and Property Development, which involves rental and property development. Geographically, the company derives its key revenue from Malaysia, with the rest coming from Singapore, Indonesia, and other regions.
85GF Score
Get the complete analysis for XKLS:9288
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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