The historical rank and industry rank for Melewar Industrial Group Bhd's ROE % or its related term are showing as below:
XKLS:3778'
s ROE % Range Over the Past 10 Years
Min: -28.27 Med: 0.49 Max: 12.85
Current: -0.23
During the past 13 years, Melewar Industrial Group Bhd's highest ROE % was 12.85%. The lowest was -28.27%. And the median was 0.49%.
XKLS:3778's ROE % is ranked worse than 70.42% of 622
companies
in the Steel industry
Industry Median: 3.69
vs XKLS:3778: -0.23
Melewar Industrial Group Bhd (XKLS:3778) 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.
Melewar Industrial Group Bhd ROE % Related Terms
Melewar Industrial Group Bhd ROE % Historical Data
* 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 Steel subindustry, Melewar Industrial Group 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.
Melewar Industrial Group Bhd ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Melewar Industrial Group 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.
Melewar Industrial Group Bhd (XKLS:3778) has a ROE % of -0.93% 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 Melewar Industrial Group Bhd and its competitors. According to the industry distribution chart, Melewar Industrial Group Bhd ranks #438 out of 622 companies in the Steel industry, placing it in the top 70.4%.
Is Melewar Industrial Group Bhd's ROE % too high?
Melewar Industrial Group Bhd's current ROE % is -0.93%. Based on the distribution chart, Melewar Industrial Group Bhd ranks #438 out of 622 companies in the Steel industry, which is below the industry midpoint. Overall, Melewar Industrial Group Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melewar Industrial Group Bhd's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Melewar Industrial Group Bhd ranks #438 out of 622 companies for ROE %. This places Melewar Industrial Group Bhd in the lower half of its industry. The industry median ROE % is 3.69. 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 Steel company?
The median ROE % among Steel companies is 3.69, based on 622 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. 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 Melewar Industrial Group Bhd and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melewar Industrial Group Bhd's current ROE % is -0.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melewar Industrial Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 37.5% below its estimated fair value. The current ROE % is -0.93%. Melewar Industrial Group Bhd's overall GF Score™ is 29/100 with 5 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 Melewar Industrial Group Bhd (XKLS:3778), the current ROE % is -0.93% 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 Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued.
The current stock price of RM0.13 is trading 37.5% below its estimated GF Value™ of RM0.20.
GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.
Key valuation signals for XKLS:3778:
ROE %: -0.93%
GF Value™: RM0.20 vs. price of RM0.13 (37.5% below fair value)
No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.
29GF Score
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