NCT Alliance BhdXKLS:0056 46 ROE % is 8.05% as of Mar. 2026, which is 16% above its 10-year median of 6.93. GuruFocus rates XKLS:0056 with a GF Score™ of 46/100 and a GF Value™ of RM0.39 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,677 Software companies, NCT Alliance Bhd ranks worse than 50.8% on this metric.
The historical rank and industry rank for NCT Alliance Bhd's ROE % or its related term are showing as below:
XKLS:0056'
s ROE % Range Over the Past 10 Years
Min: -11.45 Med: 6.93 Max: 12.35
Current: 4.4
During the past 13 years, NCT Alliance Bhd's highest ROE % was 12.35%. The lowest was -11.45%. And the median was 6.93%.
XKLS:0056's ROE % is ranked worse than 50.8% of 2677
companies
in the Software industry
Industry Median: 4.69
vs XKLS:0056: 4.40
NCT Alliance Bhd (XKLS:0056) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.
NCT Alliance Bhd ROE % Related Terms
NCT Alliance Bhd ROE % Historical Data
* Premium members only.
The historical data trend for NCT Alliance 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 Information Technology Services subindustry, NCT Alliance 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.
NCT Alliance Bhd ROE % vs Software Industry
For the Software industry and Technology sector, NCT Alliance Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where NCT Alliance 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
NCT Alliance Bhd (XKLS:0056) has a ROE % of 8.05% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on NCT Alliance Bhd and its competitors. This is 16% above median its historical median of 6.93. According to the industry distribution chart, NCT Alliance Bhd ranks #1360 out of 2677 companies in the Software industry, placing it in the top 50.8%.
Is NCT Alliance Bhd's ROE % too high?
NCT Alliance Bhd's current ROE % of 8.05% is 16% above median its 10-year median of 6.93. The Software industry median ROE % is 4.69. NCT Alliance Bhd's value of 8.05% is 71.6% above this industry median. Based on the distribution chart, NCT Alliance Bhd ranks #1360 out of 2677 companies in the Software industry, which is below the industry midpoint. Overall, NCT Alliance Bhd has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCT Alliance Bhd's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, NCT Alliance Bhd ranks #1360 out of 2677 companies for ROE %. This places NCT Alliance Bhd in the lower half of its industry. The industry median ROE % is 4.69. NCT Alliance Bhd's value of 8.05% is 71.6% above this benchmark. While the company's 10-year median is 6.93 vs. the industry median of 4.69, NCT Alliance 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 Software company?
The median ROE % among Software companies is 4.69, based on 2,677 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. NCT Alliance Bhd's current ROE % of 8.05% is 71.6% 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 NCT Alliance Bhd and its competitors. For the Software industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCT Alliance Bhd's current ROE % is 8.05%, which is 16% above median its own 10-year median of 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCT Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, NCT Alliance Bhd (XKLS:0056) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.39, compared to a current price of RM0.59 — trading 50% above its estimated fair value. The current ROE % is 8.05%, which is 16% above median its 10-year median of 6.93 and 71.6% above the Software industry median of 4.69. NCT Alliance Bhd's overall GF Score™ is 46/100 with 10 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 NCT Alliance Bhd (XKLS:0056), the current ROE % is 8.05% 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 NCT Alliance Bhd (XKLS:0056) Overvalued in 2026?
Based on GuruFocus' analysis, NCT Alliance Bhd stock appears to be overvalued.
The current stock price of RM0.59 is trading 50% above its estimated GF Value™ of RM0.39.
GuruFocus considers NCT Alliance Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0056:
ROE %: 8.05% (16% above median its 10-year median of 6.93)
GF Value™: RM0.39 vs. price of RM0.59 (50% above fair value)
Industry Position: 71.6% above the Software median (#1360 of 2677)
No single metric tells the full story. See the XKLS:0056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of Property development and investment holding. The business activity of the firm is operated through two operating segments namely, Investment holding- Investment holding and project management activities and Property development- Property development activities and sales of completed units. Geographically, the company operates in single segment that is Malaysia.
46GF Score
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