Mega First BhdXKLS:3069 +1.04%77 ROE % is 7.39% as of Mar. 2026, which is 41% below its 10-year median of 12.60. GuruFocus rates XKLS:3069 with a GF Score™ of 77/100 and a GF Value™ of RM3.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 502 Utilities - Regulated companies, Mega First Bhd ranks better than 66.14% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mega First Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM249 Mil. Mega First Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM3,374 Mil. Therefore, Mega First Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 7.39%.
The historical rank and industry rank for Mega First Bhd's ROE % or its related term are showing as below:
XKLS:3069'
s ROE % Range Over the Past 10 Years
Min: 9.99 Med: 12.6 Max: 21.4
Current: 11.62
During the past 13 years, Mega First Bhd's highest ROE % was 21.40%. The lowest was 9.99%. And the median was 12.60%.
XKLS:3069's ROE % is ranked better than 66.14% of 502
companies
in the Utilities - Regulated industry
Industry Median: 8.65
vs XKLS:3069: 11.62
Mega First Bhd (XKLS:3069) 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.
Mega First Bhd ROE % Related Terms
Mega First Bhd ROE % Historical Data
* Premium members only.
The historical data trend for Mega First 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 Utilities - Regulated Electric subindustry, Mega First 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.
Mega First Bhd ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Mega First 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.
Mega First Bhd (XKLS:3069) 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 Mega First Bhd and its competitors. This is 41% below median its historical median of 12.60. Over the past decade, Mega First Bhd's ROE % has ranged from 9.99 to 21.40. According to the industry distribution chart, Mega First Bhd ranks #170 out of 502 companies in the Utilities - Regulated industry, placing it in the top 33.9%.
Is Mega First Bhd's ROE % too high?
Mega First Bhd's current ROE % of 7.39% is 41% below median its 10-year median of 12.60. Over the past 10 years, this metric has ranged from a low of 9.99 to a high of 21.40. The Utilities - Regulated industry median ROE % is 8.65. Mega First Bhd's value of 7.39% is 14.6% below this industry median. Based on the distribution chart, Mega First Bhd ranks #170 out of 502 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Mega First Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #170 out of 502 companies for ROE %. This puts Mega First Bhd in the upper half of its industry. The industry median ROE % is 8.65. Mega First Bhd's value of 7.39% is 14.6% below this benchmark. Historically, Mega First Bhd's own ROE % has ranged from 9.99 to 21.40 over the past decade. While the company's 10-year median is 12.60 vs. the industry median of 8.65, Mega First Bhd has consistently been below 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 an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.65, based on 502 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. Mega First Bhd's current ROE % of 7.39% is 14.6% below 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current ROE % is 7.39%, which is 41% below median its own 10-year median of 12.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.19, compared to a current price of RM2.92 — trading 8.5% below its estimated fair value. The current ROE % is 7.39%, which is 41% below median its 10-year median of 12.60 and 14.6% below the Utilities - Regulated industry median of 8.65. Mega First Bhd's overall GF Score™ is 77/100 with 6 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 Mega First Bhd (XKLS:3069), 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?
Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued.
The current stock price of RM2.92 is trading 8.5% below its estimated GF Value™ of RM3.19.
GuruFocus considers Mega First Bhd to be Fairly Valued.
Key valuation signals for XKLS:3069:
ROE %: 7.39% (41% below median its 10-year median of 12.60)
GF Value™: RM3.19 vs. price of RM2.92 (8.5% below fair value)
Industry Position: 14.6% below the Utilities - Regulated median (#170 of 502)
No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
77GF Score
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