Asia File Bhd (XKLS:7129) ROE %: 0.55% (As of Mar. 2026) — 92% Below Median


XKLS:7129 Asia File Corp Bhd XKLS:7129
65 GF Score
Price RM1.30
GF Value RM1.51
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Asia File Bhd ROE %?

Asia File Bhd XKLS:7129 +1.56% 65 ROE % is 0.55% as of Mar. 2026, which is 92% below its 10-year median of 6.49. GuruFocus rates XKLS:7129 with a GF Score™ of 65/100 and a GF Value™ of RM1.51 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,004 Industrial Products companies, Asia File Bhd ranks worse than 73.4% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Asia File Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM3.9 Mil. Asia File Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM718.0 Mil. Therefore, Asia File Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 0.55%.

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

XKLS:7129' s ROE % Range Over the Past 10 Years
Min: -5.71   Med: 6.49   Max: 10.36
Current: 0.67

During the past 13 years, Asia File Bhd's highest ROE % was 10.36%. The lowest was -5.71%. And the median was 6.49%.

XKLS:7129's ROE % is ranked worse than
73.4% of 3004 companies
in the Industrial Products industry
Industry Median: 5.865 vs XKLS:7129: 0.67

Asia File Bhd  (XKLS:7129) 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
=3.916/718.0005
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.916 / 240.512)*(240.512 / 770.1395)*(770.1395 / 718.0005)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.63 %*0.3123*1.0726
=ROA %*Equity Multiplier
=0.51 %*1.0726
=0.55 %

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
=3.916/718.0005
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.916 / 7.332) * (7.332 / -6.532) * (-6.532 / 240.512) * (240.512 / 770.1395) * (770.1395 / 718.0005)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5341 * -1.1225 * -2.72 % * 0.3123 * 1.0726
=0.55 %

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.


Asia File Bhd ROE % Related Terms


Asia File Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Asia File 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.

Asia File Bhd ROE % Chart

Asia File 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 6.22 4.32 6.76 -5.71 0.67

Asia File 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 -24.39 4.71 -0.09 -2.51 0.55

Asia File Bhd ROE % Competitor Comparison

For the Business Equipment & Supplies subindustry, Asia File 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.


Asia File Bhd ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia File Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Asia File Bhd's ROE % falls into.


XKLS:7129
65GF Score
Asia File Corp Bhd XKLS:7129
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia File Bhd ROE % Calculation

Asia File 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 )
=4.84/( (724.228+716.761)/ 2 )
=4.84/720.4945
=0.67 %

Asia File 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 )
=3.916/( (719.24+716.761)/ 2 )
=3.916/718.0005
=0.55 %

* 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 0.55% mean?
Asia File Bhd (XKLS:7129) has a ROE % of 0.55% 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 Asia File Bhd and its competitors. This is 92% below median its historical median of 6.49. According to the industry distribution chart, Asia File Bhd ranks #2205 out of 3004 companies in the Industrial Products industry, placing it in the top 73.4%.
Is Asia File Bhd's ROE % too high?
Asia File Bhd's current ROE % of 0.55% is 92% below median its 10-year median of 6.49. The Industrial Products industry median ROE % is 5.87. Asia File Bhd's value of 0.55% is 90.6% below this industry median. Based on the distribution chart, Asia File Bhd ranks #2205 out of 3004 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Asia File Bhd has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia File Bhd's ROE % compare to competitors?
According to the Industrial Products industry distribution chart, Asia File Bhd ranks #2205 out of 3004 companies for ROE %. This places Asia File Bhd in the lower half of its industry. The industry median ROE % is 5.87. Asia File Bhd's value of 0.55% is 90.6% below this benchmark. While the company's 10-year median is 6.49 vs. the industry median of 5.87, Asia File 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 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. Asia File Bhd's current ROE % of 0.55% is 90.6% 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 Asia File Bhd and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia File Bhd's current ROE % is 0.55%, which is 92% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia File Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia File Bhd (XKLS:7129) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.51, compared to a current price of RM1.30 — trading 13.9% below its estimated fair value. The current ROE % is 0.55%, which is 92% below median its 10-year median of 6.49 and 90.6% below the Industrial Products industry median of 5.87. Asia File Bhd's overall GF Score™ is 65/100 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 Asia File Bhd (XKLS:7129), the current ROE % is 0.55% 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 Asia File Bhd (XKLS:7129) Overvalued in 2026?

Based on GuruFocus' analysis, Asia File Bhd stock appears to be undervalued. The current stock price of RM1.30 is trading 13.9% below its estimated GF Value™ of RM1.51. GuruFocus considers Asia File Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7129:

  • ROE %: 0.55% (92% below median its 10-year median of 6.49)
  • GF Value™: RM1.51 vs. price of RM1.30 (13.9% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 90.6% below the Industrial Products median (#2205 of 3004)

No single metric tells the full story. See the XKLS:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia File Bhd Business Description

Address Phase IV, Mukim 12, Plot 16, Kawasan Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900
Asia File Corp Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, it is engaged in the manufacturing and trading of stationery products, paper and plastic-based related products, and consumer and food ware products. Some of its products include plastic folders, sheet protectors, and flat files; filing/storage boxes; suspension files; clipboards and clipfolders; and others. The group's reportable segments include Filing products, which generate maximum revenue; and Industrial, consumer and food ware products. Geographically, the group generates maximum revenue from Europe, and the rest from Malaysia, Asia (excluding Malaysia), America, and other regions.
65GF Score

Get the complete analysis for XKLS:7129

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

RM1.30
Price
RM1.51
GF Value