Kelington Group Bhd (XKLS:0151) ROE %: 19.67% (As of Mar. 2026) — Near Median


XKLS:0151 Kelington Group Bhd XKLS:0151
78 GF Score
Price RM7.81
GF Value RM2.76
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kelington Group Bhd ROE %?

Kelington Group Bhd XKLS:0151 -1.64% 78 ROE % is 19.67% as of Mar. 2026, which is 6% above its 10-year median of 18.59. GuruFocus rates XKLS:0151 with a GF Score™ of 78/100 and a GF Value™ of RM2.76 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,743 Construction companies, Kelington Group Bhd ranks better than 90.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kelington Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM122 Mil. Kelington Group Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM618 Mil. Therefore, Kelington Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 19.67%.

The historical rank and industry rank for Kelington Group Bhd's ROE % or its related term are showing as below:

XKLS:0151' s ROE % Range Over the Past 10 Years
Min: 10.83   Med: 18.59   Max: 36.42
Current: 27.08

During the past 13 years, Kelington Group Bhd's highest ROE % was 36.42%. The lowest was 10.83%. And the median was 18.59%.

XKLS:0151's ROE % is ranked better than
90.82% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs XKLS:0151: 27.08

Kelington Group Bhd  (XKLS:0151) 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
=121.548/617.788
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(121.548 / 1081.704)*(1081.704 / 1368.82)*(1368.82 / 617.788)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.24 %*0.7902*2.2157
=ROA %*Equity Multiplier
=8.88 %*2.2157
=19.67 %

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
=121.548/617.788
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (121.548 / 157.496) * (157.496 / 167.552) * (167.552 / 1081.704) * (1081.704 / 1368.82) * (1368.82 / 617.788)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7718 * 0.94 * 15.49 % * 0.7902 * 2.2157
=19.67 %

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.


Kelington Group Bhd ROE % Related Terms


Kelington Group Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Kelington Group 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.

Kelington Group Bhd ROE % Chart

Kelington Group 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 16.10 25.87 36.42 30.86 27.78

Kelington Group 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 22.01 25.43 29.18 33.55 19.67

XKLS:0151 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Kelington Group 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.


Kelington Group Bhd ROE % vs Construction Industry

For the Construction industry and Industrials sector, Kelington Group Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Kelington Group Bhd's ROE % falls into.


XKLS:0151
78GF Score
Kelington Group Bhd XKLS:0151
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kelington Group Bhd ROE % Calculation

Kelington Group 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 )
=150.927/( (473.298+613.471)/ 2 )
=150.927/543.3845
=27.78 %

Kelington Group 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 )
=121.548/( (613.471+622.105)/ 2 )
=121.548/617.788
=19.67 %

* 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 19.67% mean?
Kelington Group Bhd (XKLS:0151) has a ROE % of 19.67% 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 Kelington Group Bhd and its competitors. This is near median its historical median of 18.59. Over the past decade, Kelington Group Bhd's ROE % has ranged from 10.83 to 36.42. According to the industry distribution chart, Kelington Group Bhd ranks #160 out of 1743 companies in the Construction industry, placing it in the top 9.2%.
Is Kelington Group Bhd's ROE % too high?
Kelington Group Bhd's current ROE % of 19.67% is near median its 10-year median of 18.59. Over the past 10 years, this metric has ranged from a low of 10.83 to a high of 36.42. The Construction industry median ROE % is 6.69. Kelington Group Bhd's value of 19.67% is 194% above this industry median. Based on the distribution chart, Kelington Group Bhd ranks #160 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kelington Group Bhd has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kelington Group Bhd's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Kelington Group Bhd ranks #160 out of 1743 companies for ROE %. This places Kelington Group Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. Kelington Group Bhd's value of 19.67% is 194% above this benchmark. Historically, Kelington Group Bhd's own ROE % has ranged from 10.83 to 36.42 over the past decade. While the company's 10-year median is 18.59 vs. the industry median of 6.69, Kelington Group 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Kelington Group Bhd's current ROE % of 19.67% is 194% 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 Kelington Group Bhd and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelington Group Bhd's current ROE % is 19.67%, which is near median its own 10-year median of 18.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelington Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kelington Group Bhd (XKLS:0151) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.76, compared to a current price of RM7.81 — trading 183% above its estimated fair value. The current ROE % is 19.67%, which is near median its 10-year median of 18.59 and 194% above the Construction industry median of 6.69. Kelington Group Bhd's overall GF Score™ is 78/100 with 6 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 Kelington Group Bhd (XKLS:0151), the current ROE % is 19.67% 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 Kelington Group Bhd (XKLS:0151) Overvalued in 2026?

Based on GuruFocus' analysis, Kelington Group Bhd stock appears to be overvalued. The current stock price of RM7.81 is trading 183% above its estimated GF Value™ of RM2.76. GuruFocus considers Kelington Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0151:

  • ROE %: 19.67% (near median its 10-year median of 18.59)
  • GF Value™: RM2.76 vs. price of RM7.81 (183% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 194% above the Construction median (#160 of 1743)

No single metric tells the full story. See the XKLS:0151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kelington Group Bhd Business Description

Address 3, Jalan Astaka U8/83, Seksyen U8, Bukit Jelutong Industrial Park, Shah Alam, SGR, MYS, 40150
Kelington Group Bhd is engaged in the businesses of investment holding, providing engineering services, construction, and general trading. The company's segments include the Industrial gases segment - involved in the manufacturing and trading of industrial and specialty gases, facility fees and leasing of tanks, and undertaking project-related activities associated with industrial gases. Engineering segment - involved in the provision of engineering services, construction activities, and manufacturing and trading of engineering equipment and materials for contracts; and Investment holding segment - involved in group-level corporate services. The majority revenue is from Engineering Segment.
78GF Score

Get the complete analysis for XKLS:0151

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

RM7.81
Price
RM2.76
GF Value