Top Glove BhdTGLVY 73 ROE % is 6.75% as of May. 2026, which is 58% below its 10-year median of 15.93. GuruFocus rates TGLVY with a GF Score™ of 73/100 and a GF Value™ of $1.19 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 799 Medical Devices & Instruments companies, Top Glove Bhd ranks better than 55.32% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Top Glove Bhd's annualized net income for the quarter that ended in May. 2026 was $82.0 Mil. Top Glove Bhd's average Total Stockholders Equity over the quarter that ended in May. 2026 was $1,215.1 Mil. Therefore, Top Glove Bhd's annualized ROE % for the quarter that ended in May. 2026 was 6.75%.
The historical rank and industry rank for Top Glove Bhd's ROE % or its related term are showing as below:
TGLVY'
s ROE % Range Over the Past 10 Years
Min: -13.9 Med: 15.93 Max: 116.42
Current: 3.98
During the past 13 years, Top Glove Bhd's highest ROE % was 116.42%. The lowest was -13.90%. And the median was 15.93%.
TGLVY's ROE % is ranked better than 55.32% of 799
companies
in the Medical Devices & Instruments industry
Industry Median: 2.42
vs TGLVY: 3.98
Top Glove Bhd (OTCPK:TGLVY) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Top Glove Bhd ROE % Related Terms
Top Glove Bhd ROE % Historical Data
* Premium members only.
The historical data trend for Top Glove Bhd's ROE % 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.
For the Medical Instruments & Supplies subindustry, Top Glove Bhd's ROE %, along with its competitors' market caps and ROE % 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.
Top Glove Bhd ROE % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Top Glove Bhd's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (May. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Top Glove Bhd (TGLVY) has a ROE % of 6.75% as of May. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Top Glove Bhd and its competitors. This is 58% below median its historical median of 15.93. According to the industry distribution chart, Top Glove Bhd ranks #357 out of 799 companies in the Medical Devices & Instruments industry, placing it in the top 44.7%.
Is Top Glove Bhd's ROE % too high?
Top Glove Bhd's current ROE % of 6.75% is 58% below median its 10-year median of 15.93. The Medical Devices & Instruments industry median ROE % is 2.42. Top Glove Bhd's value of 6.75% is 178.9% above this industry median. Based on the distribution chart, Top Glove Bhd ranks #357 out of 799 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Top Glove Bhd has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's ROE % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Top Glove Bhd ranks #357 out of 799 companies for ROE %. This puts Top Glove Bhd in the upper half of its industry. The industry median ROE % is 2.42. Top Glove Bhd's value of 6.75% is 178.9% above this benchmark. While the company's 10-year median is 15.93 vs. the industry median of 2.42, Top Glove 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 ROE % for a Medical Devices & Instruments company?
The median ROE % among Medical Devices & Instruments companies is 2.42, based on 799 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Top Glove Bhd's current ROE % of 6.75% is 178.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median ROE % is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current ROE % is 6.75%, which is 58% below median its own 10-year median of 15.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (TGLVY) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.19, compared to a current price of $0.70 — trading 40.9% below its estimated fair value. The current ROE % is 6.75%, which is 58% below median its 10-year median of 15.93 and 178.9% above the Medical Devices & Instruments industry median of 2.42. Top Glove 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Top Glove Bhd (TGLVY), the current ROE % is 6.75% as of May. 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 Top Glove Bhd (TGLVY) Overvalued in 2026?
Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued.
The current stock price of $0.70 is trading 40.9% below its estimated GF Value™ of $1.19.
GuruFocus considers Top Glove Bhd to be Significantly Undervalued.
Key valuation signals for TGLVY:
ROE %: 6.75% (58% below median its 10-year median of 15.93)
GF Value™: $1.19 vs. price of $0.70 (40.9% below fair value)
Industry Position: 178.9% above the Medical Devices & Instruments median (#357 of 799)
No single metric tells the full story. See the TGLVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
73GF Score
Get the complete analysis for TGLVY
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TGLVY has been successfully added to your 
