CE Technology BhdXKLS:03024 72 ROE % is 7.66% as of Jan. 2026, which is 37% below its 10-year median of 12.14. GuruFocus rates XKLS:03024 with a GF Score™ of 72/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,585 Chemicals companies, CE Technology Bhd ranks better than 64.1% on this metric.
The historical rank and industry rank for CE Technology Bhd's ROE % or its related term are showing as below:
XKLS:03024'
s ROE % Range Over the Past 10 Years
Min: -2.32 Med: 12.14 Max: 52.07
Current: 7.81
During the past 10 years, CE Technology Bhd's highest ROE % was 52.07%. The lowest was -2.32%. And the median was 12.14%.
XKLS:03024's ROE % is ranked better than 64.1% of 1585
companies
in the Chemicals industry
Industry Median: 5.2
vs XKLS:03024: 7.81
CE Technology Bhd (XKLS:03024) 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 two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
CE Technology Bhd ROE % Related Terms
CE Technology Bhd ROE % Historical Data
* Premium members only.
The historical data trend for CE Technology 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 Specialty Chemicals subindustry, CE Technology 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.
CE Technology Bhd ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CE Technology Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where CE Technology 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 two times the semi-annual (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
CE Technology Bhd (XKLS:03024) has a ROE % of 7.66% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on CE Technology Bhd and its competitors. This is 37% below median its historical median of 12.14. According to the industry distribution chart, CE Technology Bhd ranks #569 out of 1585 companies in the Chemicals industry, placing it in the top 35.9%.
Is CE Technology Bhd's ROE % too high?
CE Technology Bhd's current ROE % of 7.66% is 37% below median its 10-year median of 12.14. The Chemicals industry median ROE % is 5.20. CE Technology Bhd's value of 7.66% is 47.3% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #569 out of 1585 companies in the Chemicals industry, which is above the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #569 out of 1585 companies for ROE %. This puts CE Technology Bhd in the upper half of its industry. The industry median ROE % is 5.20. CE Technology Bhd's value of 7.66% is 47.3% above this benchmark. While the company's 10-year median is 12.14 vs. the industry median of 5.20, CE Technology 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 Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,585 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. CE Technology Bhd's current ROE % of 7.66% is 47.3% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current ROE % is 7.66%, which is 37% below median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current ROE % is 7.66%, which is 37% below median its 10-year median of 12.14 and 47.3% above the Chemicals industry median of 5.20. CE Technology Bhd's overall GF Score™ is 72/100 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 CE Technology Bhd (XKLS:03024), the current ROE % is 7.66% as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?
Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued.
The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.
GuruFocus considers CE Technology Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:03024:
ROE %: 7.66% (37% below median its 10-year median of 12.14)
GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
Industry Position: 47.3% above the Chemicals median (#569 of 1585)
No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
72GF Score
Get the complete analysis for XKLS:03024
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:03024 has been successfully added to your 
