ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nexg Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-150.7 Mil. Nexg Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM539.0 Mil. Therefore, Nexg Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -27.97%.
The historical rank and industry rank for Nexg Bhd's ROE % or its related term are showing as below:
XKLS:5216'
s ROE % Range Over the Past 10 Years
Min: -17.81 Med: 22.48 Max: 29.13
Current: -15.54
During the past 13 years, Nexg Bhd's highest ROE % was 29.13%. The lowest was -17.81%. And the median was 22.48%.
XKLS:5216's ROE % is ranked worse than 85.57% of 2425
companies
in the Hardware industry
Industry Median: 4.66
vs XKLS:5216: -15.54
Nexg Bhd (XKLS:5216) 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.
Nexg Bhd ROE % Related Terms
Nexg Bhd ROE % Historical Data
* Premium members only.
The historical data trend for Nexg 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 Computer Hardware subindustry, Nexg 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.
Nexg Bhd ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Nexg Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Nexg 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.
Nexg Bhd (XKLS:5216) has a ROE % of -27.97% 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 Nexg Bhd and its competitors. According to the industry distribution chart, Nexg Bhd ranks #2075 out of 2425 companies in the Hardware industry, placing it in the top 85.6%.
Is Nexg Bhd's ROE % too high?
Nexg Bhd's current ROE % is -27.97%. Based on the distribution chart, Nexg Bhd ranks #2075 out of 2425 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nexg Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexg Bhd's ROE % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Nexg Bhd ranks #2075 out of 2425 companies for ROE %. This places Nexg Bhd in the lower half of its industry. The industry median ROE % is 4.66. 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 Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,425 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 Nexg Bhd and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexg Bhd's current ROE % is -27.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexg Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nexg Bhd (XKLS:5216) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.25 — trading 13.8% below its estimated fair value. The current ROE % is -27.97%. Nexg Bhd's overall GF Score™ is 47/100 with 2 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 Nexg Bhd (XKLS:5216), the current ROE % is -27.97% 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 Nexg Bhd (XKLS:5216) Overvalued in 2026?
Based on GuruFocus' analysis, Nexg Bhd stock appears to be undervalued.
The current stock price of RM0.25 is trading 13.8% below its estimated GF Value™ of RM0.29.
GuruFocus considers Nexg Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5216:
ROE %: -27.97%
GF Value™: RM0.29 vs. price of RM0.25 (13.8% below fair value)
No single metric tells the full story. See the XKLS:5216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.
47GF Score
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