Tex Cycle Technology (M) Bhd (XKLS:0089) ROE %: 7.16% (As of Mar. 2026) — 21% Below Median


XKLS:0089 Tex Cycle Technology (M) Bhd XKLS:0089
84 GF Score
Price RM1.02
GF Value RM1.90
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Tex Cycle Technology (M) Bhd ROE %?

Tex Cycle Technology (M) Bhd XKLS:0089 -1.92% 84 ROE % is 7.16% as of Mar. 2026, which is 21% below its 10-year median of 9.07. GuruFocus rates XKLS:0089 with a GF Score™ of 84/100 and a GF Value™ of RM1.90 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 234 Waste Management companies, Tex Cycle Technology (M) Bhd ranks better than 73.08% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tex Cycle Technology (M) Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM14.21 Mil. Tex Cycle Technology (M) Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM198.39 Mil. Therefore, Tex Cycle Technology (M) Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 7.16%.

The historical rank and industry rank for Tex Cycle Technology (M) Bhd's ROE % or its related term are showing as below:

XKLS:0089' s ROE % Range Over the Past 10 Years
Min: 3.11   Med: 9.07   Max: 19.52
Current: 11.39

During the past 13 years, Tex Cycle Technology (M) Bhd's highest ROE % was 19.52%. The lowest was 3.11%. And the median was 9.07%.

XKLS:0089's ROE % is ranked better than
73.08% of 234 companies
in the Waste Management industry
Industry Median: 4.675 vs XKLS:0089: 11.39

Tex Cycle Technology (M) Bhd  (XKLS:0089) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14.212/198.393
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.212 / 82.424)*(82.424 / 298.1445)*(298.1445 / 198.393)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.24 %*0.2765*1.5028
=ROA %*Equity Multiplier
=4.77 %*1.5028
=7.16 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14.212/198.393
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.212 / 15.848) * (15.848 / 16.584) * (16.584 / 82.424) * (82.424 / 298.1445) * (298.1445 / 198.393)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8968 * 0.9556 * 20.12 % * 0.2765 * 1.5028
=7.16 %

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.


Tex Cycle Technology (M) Bhd ROE % Related Terms


Tex Cycle Technology (M) Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Tex Cycle Technology (M) 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.

Tex Cycle Technology (M) Bhd ROE % Chart

Tex Cycle Technology (M) Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 7.89 11.84 10.24 11.78

Tex Cycle Technology (M) Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.50 6.36 4.69 27.46 7.16

XKLS:0089 vs WM, RSG, WCN: ROE % Comparison

For the Waste Management subindustry, Tex Cycle Technology (M) 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.


Tex Cycle Technology (M) Bhd ROE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Tex Cycle Technology (M) Bhd's ROE % falls into.


XKLS:0089
84GF Score
Tex Cycle Technology (M) Bhd XKLS:0089
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tex Cycle Technology (M) Bhd ROE % Calculation

Tex Cycle Technology (M) Bhd's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=22.357/( (186.328+193.188)/ 2 )
=22.357/189.758
=11.78 %

Tex Cycle Technology (M) Bhd's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=14.212/( (193.188+203.598)/ 2 )
=14.212/198.393
=7.16 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.16% mean?
Tex Cycle Technology (M) Bhd (XKLS:0089) has a ROE % of 7.16% 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 Tex Cycle Technology (M) Bhd and its competitors. This is 21% below median its historical median of 9.07. Over the past decade, Tex Cycle Technology (M) Bhd's ROE % has ranged from 3.11 to 19.52. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #63 out of 234 companies in the Waste Management industry, placing it in the top 26.9%.
Is Tex Cycle Technology (M) Bhd's ROE % too high?
Tex Cycle Technology (M) Bhd's current ROE % of 7.16% is 21% below median its 10-year median of 9.07. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 19.52. The Waste Management industry median ROE % is 4.68. Tex Cycle Technology (M) Bhd's value of 7.16% is 53.2% above this industry median. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #63 out of 234 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #63 out of 234 companies for ROE %. This puts Tex Cycle Technology (M) Bhd in the upper half of its industry. The industry median ROE % is 4.68. Tex Cycle Technology (M) Bhd's value of 7.16% is 53.2% above this benchmark. Historically, Tex Cycle Technology (M) Bhd's own ROE % has ranged from 3.11 to 19.52 over the past decade. While the company's 10-year median is 9.07 vs. the industry median of 4.68, Tex Cycle Technology (M) 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 Waste Management company?
The median ROE % among Waste Management companies is 4.68, based on 234 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. Tex Cycle Technology (M) Bhd's current ROE % of 7.16% is 53.2% 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current ROE % is 7.16%, which is 21% below median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.90, compared to a current price of RM1.02 — trading 46.3% below its estimated fair value. The current ROE % is 7.16%, which is 21% below median its 10-year median of 9.07 and 53.2% above the Waste Management industry median of 4.68. Tex Cycle Technology (M) Bhd's overall GF Score™ is 84/100 with 5 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current ROE % is 7.16% 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 Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?

Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued. The current stock price of RM1.02 is trading 46.3% below its estimated GF Value™ of RM1.90. GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0089:

  • ROE %: 7.16% (21% below median its 10-year median of 9.07)
  • GF Value™: RM1.90 vs. price of RM1.02 (46.3% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 53.2% above the Waste Management median (#63 of 234)

No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tex Cycle Technology (M) Bhd Business Description

Address Lot 8942, Jalan Besar Telok Gong, Pelabuhan Klang, SGR, MYS, 42000
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
84GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.02
Price
RM1.90
GF Value