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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. Paragon Union Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-2.9 Mil. Paragon Union Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM103.5 Mil. Therefore, Paragon Union Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -2.84%.
The historical rank and industry rank for Paragon Union Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:9407'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -43.99 Med: -2.09 Max: 16.63
Current: 1.68
During the past 13 years, Paragon Union Bhd's highest Return-on-Tangible-Equity was 16.63%. The lowest was -43.99%. And the median was -2.09%.
XKLS:9407's Return-on-Tangible-Equity is ranked worse than 74.07% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs XKLS:9407: 1.68
Paragon Union Bhd (XKLS:9407) 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.
Paragon Union Bhd Return-on-Tangible-Equity Related Terms
Paragon Union Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Paragon Union 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:9407 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Paragon Union 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.
Paragon Union Bhd Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Paragon Union Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Paragon Union 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 -2.84% mean?
Paragon Union Bhd (XKLS:9407) has a Return-on-Tangible-Equity of -2.84% 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 Paragon Union Bhd and its competitors. According to the industry distribution chart, Paragon Union Bhd ranks #951 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 74.1%.
Is Paragon Union Bhd's Return-on-Tangible-Equity too high?
Paragon Union Bhd's current Return-on-Tangible-Equity is -2.84%. Based on the distribution chart, Paragon Union Bhd ranks #951 out of 1284 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Paragon Union Bhd has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Union Bhd's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Paragon Union Bhd ranks #951 out of 1284 companies for Return-on-Tangible-Equity. This places Paragon Union Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.48, based on 1,284 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 Paragon Union Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Union Bhd's current Return-on-Tangible-Equity is -2.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Union Bhd stock overvalued right now?
Based on GuruFocus' analysis, Paragon Union Bhd (XKLS:9407) is currently considered Significantly Undervalued. The stock's GF Value™ is RM4.04, compared to a current price of RM1.76 — trading 56.4% below its estimated fair value. The current Return-on-Tangible-Equity is -2.84%. Paragon Union Bhd's overall GF Score™ is 60/100 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 Paragon Union Bhd (XKLS:9407), the current Return-on-Tangible-Equity is -2.84% 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 Paragon Union Bhd (XKLS:9407) Overvalued in 2026?
Based on GuruFocus' analysis, Paragon Union Bhd stock appears to be undervalued.
The current stock price of RM1.76 is trading 56.4% below its estimated GF Value™ of RM4.04.
GuruFocus considers Paragon Union Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:9407:
Return-on-Tangible-Equity: -2.84%
GF Value™: RM4.04 vs. price of RM1.76 (56.4% below fair value)
No single metric tells the full story. See the XKLS:9407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paragon Union Bhd, through its subsidiaries, engages in the manufacturing and distribution of commercial carpets, rugs, automotive carpets, and NVH components. It has three reportable business segments: Automotive, Recycling, and Commercial. The Automotive segment covers car carpets and components, while the Commercial segment produces commercial carpets. The Recycling segment includes metal recycling and waste management. The Automotive segment generates the highest revenue for the company. Geographically, the company operates in Malaysia, Australia, China, Hong Kong, and other markets, with the majority of revenue derived from Malaysia.
60GF Score
Get the complete analysis for XKLS:9407
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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