Batu Kawan Bhd (XKLS:1899) ROE %: 8.92% (As of Mar. 2026) — 32% Above Median


XKLS:1899 Batu Kawan Bhd XKLS:1899
59 GF Score
Price RM21.44
GF Value RM21.45
Valuation Fairly Valued
! 7 Warning Signs
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What is Batu Kawan Bhd ROE %?

Batu Kawan Bhd XKLS:1899 -0.19% 59 ROE % is 8.92% as of Mar. 2026, which is 32% above its 10-year median of 6.78. GuruFocus rates XKLS:1899 with a GF Score™ of 59/100 and a GF Value™ of RM21.45 (Fairly Valued). The stock has 7 warning signs investors should review. Among 557 Conglomerates companies, Batu Kawan Bhd ranks better than 60.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Batu Kawan Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM659 Mil. Batu Kawan Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM7,388 Mil. Therefore, Batu Kawan Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 8.92%.

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

XKLS:1899' s ROE % Range Over the Past 10 Years
Min: 3.92   Med: 6.78   Max: 18.79
Current: 8.02

During the past 13 years, Batu Kawan Bhd's highest ROE % was 18.79%. The lowest was 3.92%. And the median was 6.78%.

XKLS:1899's ROE % is ranked better than
60.32% of 557 companies
in the Conglomerates industry
Industry Median: 5.99 vs XKLS:1899: 8.02

Batu Kawan Bhd  (XKLS:1899) 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
=659.052/7387.6945
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(659.052 / 26868.488)*(26868.488 / 33510.5005)*(33510.5005 / 7387.6945)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.45 %*0.8018*4.536
=ROA %*Equity Multiplier
=1.96 %*4.536
=8.92 %

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
=659.052/7387.6945
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (659.052 / 1736.556) * (1736.556 / 2215.72) * (2215.72 / 26868.488) * (26868.488 / 33510.5005) * (33510.5005 / 7387.6945)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3795 * 0.7837 * 8.25 % * 0.8018 * 4.536
=8.92 %

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.


Batu Kawan Bhd ROE % Related Terms


Batu Kawan Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Batu Kawan 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.

Batu Kawan Bhd ROE % Chart

Batu Kawan Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.79 16.78 6.33 3.92 6.26

Batu Kawan 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 4.72 9.75 3.67 9.82 8.92

XKLS:1899 vs HON, MMM: ROE % Comparison

For the Conglomerates subindustry, Batu Kawan 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.


Batu Kawan Bhd ROE % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Batu Kawan Bhd's ROE % distribution charts can be found below:

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


XKLS:1899
59GF Score
Batu Kawan Bhd XKLS:1899
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Batu Kawan Bhd ROE % Calculation

Batu Kawan Bhd's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=467.75/( (7374.754+7569.357)/ 2 )
=467.75/7472.0555
=6.26 %

Batu Kawan 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 )
=659.052/( (7293.782+7481.607)/ 2 )
=659.052/7387.6945
=8.92 %

* 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 8.92% mean?
Batu Kawan Bhd (XKLS:1899) has a ROE % of 8.92% 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 Batu Kawan Bhd and its competitors. This is 32% above median its historical median of 6.78. Over the past decade, Batu Kawan Bhd's ROE % has ranged from 3.92 to 18.79. According to the industry distribution chart, Batu Kawan Bhd ranks #221 out of 557 companies in the Conglomerates industry, placing it in the top 39.7%.
Is Batu Kawan Bhd's ROE % too high?
Batu Kawan Bhd's current ROE % of 8.92% is 32% above median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 18.79. The Conglomerates industry median ROE % is 5.99. Batu Kawan Bhd's value of 8.92% is 48.9% above this industry median. Based on the distribution chart, Batu Kawan Bhd ranks #221 out of 557 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Batu Kawan Bhd has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Batu Kawan Bhd's ROE % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Batu Kawan Bhd ranks #221 out of 557 companies for ROE %. This puts Batu Kawan Bhd in the upper half of its industry. The industry median ROE % is 5.99. Batu Kawan Bhd's value of 8.92% is 48.9% above this benchmark. Historically, Batu Kawan Bhd's own ROE % has ranged from 3.92 to 18.79 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 5.99, Batu Kawan 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 Conglomerates company?
The median ROE % among Conglomerates companies is 5.99, based on 557 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. Batu Kawan Bhd's current ROE % of 8.92% is 48.9% 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 Batu Kawan Bhd and its competitors. For the Conglomerates industry, the median ROE % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Batu Kawan Bhd's current ROE % is 8.92%, which is 32% above median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Batu Kawan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Batu Kawan Bhd (XKLS:1899) is currently considered Fairly Valued. The stock's GF Value™ is RM21.45, compared to a current price of RM21.44 — trading 0% below its estimated fair value. The current ROE % is 8.92%, which is 32% above median its 10-year median of 6.78 and 48.9% above the Conglomerates industry median of 5.99. Batu Kawan Bhd's overall GF Score™ is 59/100 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 Batu Kawan Bhd (XKLS:1899), the current ROE % is 8.92% 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 Batu Kawan Bhd (XKLS:1899) Overvalued in 2026?

Based on GuruFocus' analysis, Batu Kawan Bhd stock appears to be undervalued. The current stock price of RM21.44 is trading 0% below its estimated GF Value™ of RM21.45. GuruFocus considers Batu Kawan Bhd to be Fairly Valued.

Key valuation signals for XKLS:1899:

  • ROE %: 8.92% (32% above median its 10-year median of 6.78)
  • GF Value™: RM21.45 vs. price of RM21.44 (0% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 48.9% above the Conglomerates median (#221 of 557)

No single metric tells the full story. See the XKLS:1899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Batu Kawan Bhd Business Description

Address No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, MYS, 30000
Batu Kawan Bhd is a holding company that focuses on harvesting palm trees and manufacturing and selling rubber and chemical products through its subsidiaries. The firm operates through four segments: plantation, manufacturing, property development, and investment holdings/others. The manufacturing segment generates majority revenue through selling a variety of chemical-based products, including oleochemicals, industrial amides, rubber gloves, and esters. The plantation segment generates the second portion of total revenue by cultivating and processing palm trees into both fresh fruit bunches and rubber products. Geographically, the firm operates in Asia, Europe, Americas, and Africa, with the majority of its revenue generated from Asian and European countries.
59GF Score

Get the complete analysis for XKLS:1899

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

RM21.44
Price
RM21.45
GF Value