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. ETA Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM1.5 Mil. ETA Group Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM88.1 Mil. Therefore, ETA Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.68%.
The historical rank and industry rank for ETA Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:9946'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -40.51 Med: -1.93 Max: 9.62
Current: -3.28
During the past 13 years, ETA Group Bhd's highest Return-on-Tangible-Equity was 9.62%. The lowest was -40.51%. And the median was -1.93%.
XKLS:9946's Return-on-Tangible-Equity is ranked worse than 81.45% of 1871
companies
in the Consumer Packaged Goods industry
Industry Median: 7.71
vs XKLS:9946: -3.28
ETA Group Bhd (XKLS:9946) 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.
ETA Group Bhd Return-on-Tangible-Equity Related Terms
ETA Group Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ETA 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.
XKLS:9946 vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, ETA 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.
ETA Group Bhd Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, ETA Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ETA Group 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 1.68% mean?
ETA Group Bhd (XKLS:9946) has a Return-on-Tangible-Equity of 1.68% 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 ETA Group Bhd and its competitors. According to the industry distribution chart, ETA Group Bhd ranks #1524 out of 1871 companies in the Consumer Packaged Goods industry, placing it in the top 81.5%.
Is ETA Group Bhd's Return-on-Tangible-Equity too high?
ETA Group Bhd's current Return-on-Tangible-Equity is 1.68%. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.71. ETA Group Bhd's value of 1.68% is 78.2% below this industry median. Based on the distribution chart, ETA Group Bhd ranks #1524 out of 1871 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, ETA Group Bhd has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ETA Group Bhd's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ETA Group Bhd ranks #1524 out of 1871 companies for Return-on-Tangible-Equity. This places ETA Group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.71. ETA Group Bhd's value of 1.68% is 78.2% below this benchmark. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.71, based on 1,871 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. ETA Group Bhd's current Return-on-Tangible-Equity of 1.68% is 78.2% 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 ETA Group Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETA Group Bhd's current Return-on-Tangible-Equity is 1.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ETA Group Bhd (XKLS:9946) is currently considered Fairly Valued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.14 — trading 3.6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.68% and 78.2% below the Consumer Packaged Goods industry median of 7.71. ETA Group Bhd's overall GF Score™ is 37/100 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 ETA Group Bhd (XKLS:9946), the current Return-on-Tangible-Equity is 1.68% 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 ETA Group Bhd (XKLS:9946) Overvalued in 2026?
Based on GuruFocus' analysis, ETA Group Bhd stock appears to be undervalued.
The current stock price of RM0.14 is trading 3.6% below its estimated GF Value™ of RM0.14.
GuruFocus considers ETA Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:9946:
Return-on-Tangible-Equity: 1.68%
GF Value™: RM0.14 vs. price of RM0.14 (3.6% below fair value)
Industry Position: 78.2% below the Consumer Packaged Goods median (#1524 of 1871)
No single metric tells the full story. See the XKLS:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ETA Group Bhd is engaged in property development, property management and property investment, as well as construction and construction-related activities, including the trading and supply of construction materials. Its activities include Sourcing of land, Architectural and engineering services, Submission and approvals, Construction, Project management, and Delivery of vacant possession. It operates in two segment the manufacture and distribution of canned food, beverages and premix products and the trading and distribution of construction materials. It derives revenue from Trading and distribution of construction materials segment. Geographically, it operates in Malaysia, Europe, USA, and Asia (excluding Malaysia) with majority of revenue deriving from USA.
37GF Score
Get the complete analysis for XKLS:9946
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:9946 has been successfully added to your 
