Joe Holding Bhd (XKLS:7096) ROE %: -17.76% (As of Mar. 2026)


What is Joe Holding Bhd ROE %?

Joe Holding Bhd XKLS:7096 ROE % is -17.76% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Joe Holding Bhd ranks worse than 88.61% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Joe Holding Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-24.16 Mil. Joe Holding Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM136.01 Mil. Therefore, Joe Holding Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -17.76%.

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

XKLS:7096' s ROE % Range Over the Past 10 Years
Min: -19.64   Med: -4.09   Max: 7.48
Current: -12.19

During the past 13 years, Joe Holding Bhd's highest ROE % was 7.48%. The lowest was -19.64%. And the median was -4.09%.

XKLS:7096's ROE % is ranked worse than
88.61% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs XKLS:7096: -12.19

Joe Holding Bhd  (XKLS:7096) 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
=-24.16/136.006
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-24.16 / 10.484)*(10.484 / 213.6285)*(213.6285 / 136.006)
=Net Margin %*Asset Turnover*Equity Multiplier
=-230.45 %*0.0491*1.5707
=ROA %*Equity Multiplier
=-11.32 %*1.5707
=-17.76 %

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
=-24.16/136.006
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-24.16 / -24.16) * (-24.16 / -20.472) * (-20.472 / 10.484) * (10.484 / 213.6285) * (213.6285 / 136.006)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1801 * -195.27 % * 0.0491 * 1.5707
=-17.76 %

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.


Joe Holding Bhd ROE % Related Terms


Joe Holding Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Joe Holding 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.

Joe Holding Bhd ROE % Chart

Joe Holding Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.71 -19.64 -11.95 -7.00 -11.99

Joe Holding 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 -10.83 -29.76 6.19 -7.05 -17.76

XKLS:7096 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Joe Holding 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.


Joe Holding Bhd ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Joe Holding Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Joe Holding Bhd's ROE % falls into.



Joe Holding Bhd ROE % Calculation

Joe Holding Bhd's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-17.087/( (150.1+134.843)/ 2 )
=-17.087/142.4715
=-11.99 %

Joe Holding 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 )
=-24.16/( (137.169+134.843)/ 2 )
=-24.16/136.006
=-17.76 %

* 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 -17.76% mean?
Joe Holding Bhd (XKLS:7096) has a ROE % of -17.76% 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 Joe Holding Bhd and its competitors. According to the industry distribution chart, Joe Holding Bhd ranks #1159 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 88.6%.
Is Joe Holding Bhd's ROE % too high?
Joe Holding Bhd's current ROE % is -17.76%. Based on the distribution chart, Joe Holding Bhd ranks #1159 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers.
How does Joe Holding Bhd's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joe Holding Bhd ranks #1159 out of 1308 companies for ROE %. This places Joe Holding Bhd in the lower half of its industry. The industry median ROE % is 6.62. 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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 Joe Holding Bhd and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joe Holding Bhd's current ROE % is -17.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joe Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Joe Holding Bhd (XKLS:7096) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.06 — trading 14.3% below its estimated fair value. The current ROE % is -17.76%. 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 Joe Holding Bhd (XKLS:7096), the current ROE % is -17.76% 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.

Joe Holding Bhd Business Description

Address Jalan Chepor 11/8, Lot 304994, Kawasan Perusahaan Seramik Chepor, Mukim Hulu Kinta, Chemor, Ipoh, PRK, MYS, 31200
Joe Holding Bhd is a Malaysian investment holding company. Along with its subsidiaries, the company operates in the following business segments: Automotive batteries, Valve Regulated lead Acid (VRLA) batteries, Investment holding, and Others. It generates maximum revenue from the Automotive batteries segment, which is engaged in the manufacture, assembly, and sale of automotive batteries and components. The Valve Regulated Lead Acid (VRLA) batteries segment manufactures, assembles, and sells sealed lead (VRLA) batteries; the Investment holding segment is involved in providing warehouse storage service and real estate with its own or lease property n.e.c.; and the Others segment represents gloves manufacturing and dormant subsidiary companies.