Leform Bhd (XKLS:0266) ROE %: -7.39% (As of Mar. 2026)


XKLS:0266 Leform Bhd XKLS:0266
41 GF Score
Price RM0.16
GF Value RM0.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Leform Bhd ROE %?

Leform Bhd XKLS:0266 -3.03% 41 ROE % is -7.39% as of Mar. 2026. GuruFocus rates XKLS:0266 with a GF Score™ of 41/100 and a GF Value™ of RM0.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 622 Steel companies, Leform Bhd ranks worse than 80.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Leform Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-16.6 Mil. Leform Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM224.9 Mil. Therefore, Leform Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -7.39%.

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

XKLS:0266' s ROE % Range Over the Past 10 Years
Min: -4.38   Med: -1.3   Max: 30.66
Current: -4.38

During the past 7 years, Leform Bhd's highest ROE % was 30.66%. The lowest was -4.38%. And the median was -1.30%.

XKLS:0266's ROE % is ranked worse than
80.55% of 622 companies
in the Steel industry
Industry Median: 3.69 vs XKLS:0266: -4.38

Leform Bhd  (XKLS:0266) 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
=-16.616/224.9385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-16.616 / 220.584)*(220.584 / 417.509)*(417.509 / 224.9385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.53 %*0.5283*1.8561
=ROA %*Equity Multiplier
=-3.98 %*1.8561
=-7.39 %

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
=-16.616/224.9385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-16.616 / -17.236) * (-17.236 / -8.548) * (-8.548 / 220.584) * (220.584 / 417.509) * (417.509 / 224.9385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.964 * 2.0164 * -3.88 % * 0.5283 * 1.8561
=-7.39 %

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.


Leform Bhd ROE % Related Terms


Leform Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Leform 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.

Leform Bhd ROE % Chart

Leform Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 30.66 -3.64 -2.22 1.12 -2.42

Leform Bhd Quarterly Data
Dec19 Dec20 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 0.60 1.12 0.99 -12.39 -7.39

XKLS:0266 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Leform 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.


Leform Bhd ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Leform Bhd's ROE % distribution charts can be found below:

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


XKLS:0266
41GF Score
Leform Bhd XKLS:0266
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leform Bhd ROE % Calculation

Leform 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 )
=-5.253/( (219.836+214.583)/ 2 )
=-5.253/217.2095
=-2.42 %

Leform 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 )
=-16.616/( (214.583+235.294)/ 2 )
=-16.616/224.9385
=-7.39 %

* 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 -7.39% mean?
Leform Bhd (XKLS:0266) has a ROE % of -7.39% 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 Leform Bhd and its competitors. According to the industry distribution chart, Leform Bhd ranks #501 out of 622 companies in the Steel industry, placing it in the top 80.5%.
Is Leform Bhd's ROE % too high?
Leform Bhd's current ROE % is -7.39%. Based on the distribution chart, Leform Bhd ranks #501 out of 622 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Leform Bhd has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leform Bhd's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Leform Bhd ranks #501 out of 622 companies for ROE %. This places Leform Bhd in the lower half of its industry. The industry median ROE % is 3.69. 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 Steel company?
The median ROE % among Steel companies is 3.69, based on 622 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. 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 Leform Bhd and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leform Bhd's current ROE % is -7.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leform Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leform Bhd (XKLS:0266) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.16 — trading 23.1% above its estimated fair value. The current ROE % is -7.39%. Leform Bhd's overall GF Score™ is 41/100 with 7 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 Leform Bhd (XKLS:0266), the current ROE % is -7.39% 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 Leform Bhd (XKLS:0266) Overvalued in 2026?

Based on GuruFocus' analysis, Leform Bhd stock appears to be overvalued. The current stock price of RM0.16 is trading 23.1% above its estimated GF Value™ of RM0.13. GuruFocus considers Leform Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0266:

  • ROE %: -7.39%
  • GF Value™: RM0.13 vs. price of RM0.16 (23.1% above fair value)
  • GF Score™: 41/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leform Bhd Business Description

Address PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200
Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries, including furniture, construction, as well as industrial product manufacturing industries (which include automotive parts and telecommunication tower pole part manufacturing). The firm's operating segment includes Manufacturing, Trading, and Others. The firm generates the majority of its revenue from the Manufacturing segment.
41GF Score

Get the complete analysis for XKLS:0266

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

RM0.16
Price
RM0.13
GF Value