Northern Solar Holdings BhdXKLS:0340 +0.75%19 ROE % is 15.27% as of Mar. 2026, which is 76% below its 10-year median of 64.63. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,002 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 86.53% on this metric.
The historical rank and industry rank for Northern Solar Holdings Bhd's ROE % or its related term are showing as below:
XKLS:0340'
s ROE % Range Over the Past 10 Years
Min: 20.24 Med: 64.63 Max: 81.45
Current: 20.24
During the past 5 years, Northern Solar Holdings Bhd's highest ROE % was 81.45%. The lowest was 20.24%. And the median was 64.63%.
XKLS:0340's ROE % is ranked better than 86.53% of 1002
companies
in the Semiconductors industry
Industry Median: 4.55
vs XKLS:0340: 20.24
Northern Solar Holdings Bhd (XKLS:0340) 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 Solar subindustry, Northern Solar 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.
Northern Solar Holdings Bhd ROE % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings 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.
Northern Solar Holdings Bhd (XKLS:0340) has a ROE % of 15.27% 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 Northern Solar Holdings Bhd and its competitors. This is 76% below median its historical median of 64.63. Over the past decade, Northern Solar Holdings Bhd's ROE % has ranged from 20.24 to 81.45. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #135 out of 1002 companies in the Semiconductors industry, placing it in the top 13.5%.
Is Northern Solar Holdings Bhd's ROE % too high?
Northern Solar Holdings Bhd's current ROE % of 15.27% is 76% below median its 10-year median of 64.63. Over the past 10 years, this metric has ranged from a low of 20.24 to a high of 81.45. The Semiconductors industry median ROE % is 4.55. Northern Solar Holdings Bhd's value of 15.27% is 235.6% above this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #135 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #135 out of 1002 companies for ROE %. This places Northern Solar Holdings Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Northern Solar Holdings Bhd's value of 15.27% is 235.6% above this benchmark. Historically, Northern Solar Holdings Bhd's own ROE % has ranged from 20.24 to 81.45 over the past decade. While the company's 10-year median is 64.63 vs. the industry median of 4.55, Northern Solar 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 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. Northern Solar Holdings Bhd's current ROE % of 15.27% is 235.6% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current ROE % is 15.27%, which is 76% below median its own 10-year median of 64.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current ROE % of 15.27%. The current ROE % is 15.27%, which is 76% below median its 10-year median of 64.63 and 235.6% above the Semiconductors industry median of 4.55. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current ROE % is 15.27% 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score
Get the complete analysis for XKLS:0340
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:0340 has been successfully added to your 
