GDB Holdings Bhd (XKLS:0198) ROE %: 30.41% (As of Mar. 2026) — 40% Above Median


XKLS:0198 GDB Holdings Bhd XKLS:0198
68 GF Score
Price RM0.50
GF Value RM0.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is GDB Holdings Bhd ROE %?

GDB Holdings Bhd XKLS:0198 -3.85% 68 ROE % is 30.41% as of Mar. 2026, which is 40% above its 10-year median of 21.69. GuruFocus rates XKLS:0198 with a GF Score™ of 68/100 and a GF Value™ of RM0.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,737 Construction companies, GDB Holdings Bhd ranks better than 87.1% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GDB Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM86.2 Mil. GDB Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM283.3 Mil. Therefore, GDB Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 30.41%.

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

XKLS:0198' s ROE % Range Over the Past 10 Years
Min: 4.89   Med: 21.69   Max: 78.97
Current: 22.65

During the past 12 years, GDB Holdings Bhd's highest ROE % was 78.97%. The lowest was 4.89%. And the median was 21.69%.

XKLS:0198's ROE % is ranked better than
87.1% of 1737 companies
in the Construction industry
Industry Median: 6.72 vs XKLS:0198: 22.65

GDB Holdings Bhd  (XKLS:0198) 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
=86.156/283.3115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(86.156 / 675.804)*(675.804 / 505.731)*(505.731 / 283.3115)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.75 %*1.3363*1.7851
=ROA %*Equity Multiplier
=17.04 %*1.7851
=30.41 %

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
=86.156/283.3115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (86.156 / 113.716) * (113.716 / 105.248) * (105.248 / 675.804) * (675.804 / 505.731) * (505.731 / 283.3115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7576 * 1.0805 * 15.57 % * 1.3363 * 1.7851
=30.41 %

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.


GDB Holdings Bhd ROE % Related Terms


GDB Holdings Bhd ROE % Historical Data

* Premium members only.

The historical data trend for GDB Holdings 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.

GDB Holdings Bhd ROE % Chart

GDB Holdings 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 20.18 11.09 4.89 14.72 23.20

GDB Holdings 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 39.24 40.09 25.60 -3.20 30.41

XKLS:0198 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, GDB Holdings 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.


GDB Holdings Bhd ROE % vs Construction Industry

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

* The bar in red indicates where GDB Holdings Bhd's ROE % falls into.


XKLS:0198
68GF Score
GDB Holdings Bhd XKLS:0198
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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GDB Holdings Bhd ROE % Calculation

GDB Holdings 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 )
=54.261/( (195.176+272.542)/ 2 )
=54.261/233.859
=23.20 %

GDB Holdings 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 )
=86.156/( (272.542+294.081)/ 2 )
=86.156/283.3115
=30.41 %

* 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 30.41% mean?
GDB Holdings Bhd (XKLS:0198) has a ROE % of 30.41% 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 GDB Holdings Bhd and its competitors. This is 40% above median its historical median of 21.69. Over the past decade, GDB Holdings Bhd's ROE % has ranged from 4.89 to 78.97. According to the industry distribution chart, GDB Holdings Bhd ranks #224 out of 1737 companies in the Construction industry, placing it in the top 12.9%.
Is GDB Holdings Bhd's ROE % too high?
GDB Holdings Bhd's current ROE % of 30.41% is 40% above median its 10-year median of 21.69. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 78.97. The Construction industry median ROE % is 6.72. GDB Holdings Bhd's value of 30.41% is 352.5% above this industry median. Based on the distribution chart, GDB Holdings Bhd ranks #224 out of 1737 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, GDB Holdings Bhd has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDB Holdings Bhd's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, GDB Holdings Bhd ranks #224 out of 1737 companies for ROE %. This places GDB Holdings Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. GDB Holdings Bhd's value of 30.41% is 352.5% above this benchmark. Historically, GDB Holdings Bhd's own ROE % has ranged from 4.89 to 78.97 over the past decade. While the company's 10-year median is 21.69 vs. the industry median of 6.72, GDB Holdings 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 6.72, based on 1,737 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. GDB Holdings Bhd's current ROE % of 30.41% is 352.5% 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 GDB Holdings Bhd and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDB Holdings Bhd's current ROE % is 30.41%, which is 40% above median its own 10-year median of 21.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDB Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, GDB Holdings Bhd (XKLS:0198) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.64, compared to a current price of RM0.50 — trading 21.9% below its estimated fair value. The current ROE % is 30.41%, which is 40% above median its 10-year median of 21.69 and 352.5% above the Construction industry median of 6.72. GDB Holdings Bhd's overall GF Score™ is 68/100 with 2 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 GDB Holdings Bhd (XKLS:0198), the current ROE % is 30.41% 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 GDB Holdings Bhd (XKLS:0198) Overvalued in 2026?

Based on GuruFocus' analysis, GDB Holdings Bhd stock appears to be undervalued. The current stock price of RM0.50 is trading 21.9% below its estimated GF Value™ of RM0.64. GuruFocus considers GDB Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0198:

  • ROE %: 30.41% (40% above median its 10-year median of 21.69)
  • GF Value™: RM0.64 vs. price of RM0.50 (21.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 352.5% above the Construction median (#224 of 1737)

No single metric tells the full story. See the XKLS:0198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDB Holdings Bhd Business Description

Address Sekitar 26 Enterprise, A-02-01, F-02-01 & F-02-02, Persiaran Hulu Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
GDB Holdings Bhd is engaged in providing construction services, for residential, commercial, and mixed-development projects. The company is involved in the implementation of construction projects which includes daily management of all the works required for the timely completion of the projects. It also engages subcontractors to provide certain services such as the supply and installation of construction materials, machinery and equipment, and other specialized trade work. The group principally operates in Malaysia. The key revenue is derived from construction activities.
68GF Score

Get the complete analysis for XKLS:0198

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

RM0.50
Price
RM0.64
GF Value