Smart Asia Chemical BhdXKLS:0306 +2.94%31 ROE % is 11.16% as of Mar. 2026, which is 24% below its 10-year median of 14.68. GuruFocus rates XKLS:0306 with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 1,585 Chemicals companies, Smart Asia Chemical Bhd ranks worse than 61.89% on this metric.
The historical rank and industry rank for Smart Asia Chemical Bhd's ROE % or its related term are showing as below:
XKLS:0306'
s ROE % Range Over the Past 10 Years
Min: 0.93 Med: 14.68 Max: 22.92
Current: 3.03
During the past 6 years, Smart Asia Chemical Bhd's highest ROE % was 22.92%. The lowest was 0.93%. And the median was 14.68%.
XKLS:0306's ROE % is ranked worse than 61.89% of 1585
companies
in the Chemicals industry
Industry Median: 5.2
vs XKLS:0306: 3.03
Smart Asia Chemical Bhd (XKLS:0306) 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 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.
* 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, Smart Asia Chemical 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.
Smart Asia Chemical Bhd ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Smart Asia Chemical Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Smart Asia Chemical 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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Smart Asia Chemical Bhd (XKLS:0306) has a ROE % of 11.16% 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 Smart Asia Chemical Bhd and its competitors. This is 24% below median its historical median of 14.68. Over the past decade, Smart Asia Chemical Bhd's ROE % has ranged from 0.93 to 22.92. According to the industry distribution chart, Smart Asia Chemical Bhd ranks #981 out of 1585 companies in the Chemicals industry, placing it in the top 61.9%.
Is Smart Asia Chemical Bhd's ROE % too high?
Smart Asia Chemical Bhd's current ROE % of 11.16% is 24% below median its 10-year median of 14.68. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 22.92. The Chemicals industry median ROE % is 5.20. Smart Asia Chemical Bhd's value of 11.16% is 114.6% above this industry median. Based on the distribution chart, Smart Asia Chemical Bhd ranks #981 out of 1585 companies in the Chemicals industry, which is below the industry midpoint. Overall, Smart Asia Chemical Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Smart Asia Chemical Bhd's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Smart Asia Chemical Bhd ranks #981 out of 1585 companies for ROE %. This places Smart Asia Chemical Bhd in the lower half of its industry. The industry median ROE % is 5.20. Smart Asia Chemical Bhd's value of 11.16% is 114.6% above this benchmark. Historically, Smart Asia Chemical Bhd's own ROE % has ranged from 0.93 to 22.92 over the past decade. While the company's 10-year median is 14.68 vs. the industry median of 5.20, Smart Asia Chemical 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. Smart Asia Chemical Bhd's current ROE % of 11.16% is 114.6% 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 Smart Asia Chemical 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. Smart Asia Chemical Bhd's current ROE % is 11.16%, which is 24% below median its own 10-year median of 14.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Asia Chemical Bhd stock overvalued right now?
Smart Asia Chemical Bhd (XKLS:0306) has a current ROE % of 11.16%. The current ROE % is 11.16%, which is 24% below median its 10-year median of 14.68 and 114.6% above the Chemicals industry median of 5.20. Smart Asia Chemical Bhd's overall GF Score™ is 31/100 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 Smart Asia Chemical Bhd (XKLS:0306), the current ROE % is 11.16% 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.
Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution, and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners. Company has three segments manufacturing, sale and trading and other.
31GF Score
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