Toyo Ventures Holdings Bhd (XKLS:7173) ROE %: -78.92% (As of Mar. 2026)


XKLS:7173 Toyo Ventures Holdings Bhd XKLS:7173
30 GF Score
Price RM0.21
GF Value RM0.33
Valuation Possible Value Trap
! 7 Warning Signs
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What is Toyo Ventures Holdings Bhd ROE %?

Toyo Ventures Holdings Bhd XKLS:7173 +2.44% 30 ROE % is -78.92% as of Mar. 2026. GuruFocus rates XKLS:7173 with a GF Score™ of 30/100 and a GF Value™ of RM0.33 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,585 Chemicals companies, Toyo Ventures Holdings Bhd ranks worse than 87.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Toyo Ventures Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-43.59 Mil. Toyo Ventures Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM55.23 Mil. Therefore, Toyo Ventures Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -78.92%.

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

XKLS:7173' s ROE % Range Over the Past 10 Years
Min: -10.96   Med: 0.98   Max: 5.19
Current: -10.96

During the past 13 years, Toyo Ventures Holdings Bhd's highest ROE % was 5.19%. The lowest was -10.96%. And the median was 0.98%.

XKLS:7173's ROE % is ranked worse than
87.07% of 1585 companies
in the Chemicals industry
Industry Median: 5.2 vs XKLS:7173: -10.96

Toyo Ventures Holdings Bhd  (XKLS:7173) 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
=-43.592/55.2335
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.592 / 76.42)*(76.42 / 270.5415)*(270.5415 / 55.2335)
=Net Margin %*Asset Turnover*Equity Multiplier
=-57.04 %*0.2825*4.8981
=ROA %*Equity Multiplier
=-16.11 %*4.8981
=-78.92 %

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
=-43.592/55.2335
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-43.592 / -41.2) * (-41.2 / -40.412) * (-40.412 / 76.42) * (76.42 / 270.5415) * (270.5415 / 55.2335)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0581 * 1.0195 * -52.88 % * 0.2825 * 4.8981
=-78.92 %

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.


Toyo Ventures Holdings Bhd ROE % Related Terms


Toyo Ventures Holdings Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Toyo Ventures Holdings 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.

Toyo Ventures Holdings Bhd ROE % Chart

Toyo Ventures Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep22 Sep23 Sep24 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 -0.64 0.63 -6.22 1.20

Toyo Ventures Holdings Bhd Quarterly Data
Dec19 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 -5.32 -139.10 -336.15 31.78 -78.92

XKLS:7173 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Toyo Ventures Holdings 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.


Toyo Ventures Holdings Bhd ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Ventures Holdings Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Toyo Ventures Holdings Bhd's ROE % falls into.


XKLS:7173
30GF Score
Toyo Ventures Holdings Bhd XKLS:7173
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo Ventures Holdings Bhd ROE % Calculation

Toyo Ventures Holdings 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: Sep. 2024 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=3.181/( (482.218+49.467)/ 2 )
=3.181/265.8425
=1.20 %

Toyo Ventures Holdings 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 )
=-43.592/( (61+49.467)/ 2 )
=-43.592/55.2335
=-78.92 %

* 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 -78.92% mean?
Toyo Ventures Holdings Bhd (XKLS:7173) has a ROE % of -78.92% 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 Toyo Ventures Holdings Bhd and its competitors. According to the industry distribution chart, Toyo Ventures Holdings Bhd ranks #1380 out of 1585 companies in the Chemicals industry, placing it in the top 87.1%.
Is Toyo Ventures Holdings Bhd's ROE % too high?
Toyo Ventures Holdings Bhd's current ROE % is -78.92%. Based on the distribution chart, Toyo Ventures Holdings Bhd ranks #1380 out of 1585 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Toyo Ventures Holdings Bhd has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toyo Ventures Holdings Bhd's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toyo Ventures Holdings Bhd ranks #1380 out of 1585 companies for ROE %. This places Toyo Ventures Holdings Bhd in the lower half of its industry. The industry median ROE % is 5.20. 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 Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,585 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 Toyo Ventures Holdings Bhd and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Ventures Holdings Bhd's current ROE % is -78.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Ventures Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Toyo Ventures Holdings Bhd (XKLS:7173) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.33, compared to a current price of RM0.21 — trading 36.4% below its estimated fair value. The current ROE % is -78.92%. Toyo Ventures Holdings Bhd's overall GF Score™ is 30/100 with 7 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 Toyo Ventures Holdings Bhd (XKLS:7173), the current ROE % is -78.92% 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 Toyo Ventures Holdings Bhd (XKLS:7173) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Ventures Holdings Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 36.4% below its estimated GF Value™ of RM0.33. GuruFocus considers Toyo Ventures Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7173:

  • ROE %: -78.92%
  • GF Value™: RM0.33 vs. price of RM0.21 (36.4% below fair value)
  • GF Score™: 30/100 with 7 warning signs

No single metric tells the full story. See the XKLS:7173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Ventures Holdings Bhd Business Description

Address PT 3477, Jalan 6/1, Kawasan Perusahaan Seri Kembangan, Seri Kembangan, SGR, MYS, 43300
Toyo Ventures Holdings Bhd is a Malaysia-based investment holding company. Its reportable operating segments include Manufacturing, Trading and investment holding, and Energy. The majority of its revenue is generated from the Manufacturing and trading segment, which is involved in the manufacturing of printing ink, colour pigment, colourants for plastic, EDM cutwire and graphic art, CNC machining of graphite and copper EDM electrodes, files, chemicals, and equipment for lithography and allied industries. Geographically, the company generates maximum revenue from Malaysia and also has its presence in Vietnam.
30GF Score

Get the complete analysis for XKLS:7173

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

RM0.21
Price
RM0.33
GF Value