Ajiya Bhd (XKLS:7609) ROE %: 6.02% (As of Mar. 2026) — 11% Above Median


XKLS:7609 Ajiya Bhd XKLS:7609
63 GF Score
Price RM1.03
GF Value RM0.96
Valuation Fairly Valued
! 3 Warning Signs
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What is Ajiya Bhd ROE %?

Ajiya Bhd XKLS:7609 +0.98% 63 ROE % is 6.02% as of Mar. 2026, which is 11% above its 10-year median of 5.42. GuruFocus rates XKLS:7609 with a GF Score™ of 63/100 and a GF Value™ of RM0.96 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,743 Construction companies, Ajiya Bhd ranks worse than 51.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ajiya Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM39.3 Mil. Ajiya Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM651.9 Mil. Therefore, Ajiya Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 6.02%.

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

XKLS:7609' s ROE % Range Over the Past 10 Years
Min: 0.34   Med: 5.42   Max: 12.64
Current: 6.31

During the past 13 years, Ajiya Bhd's highest ROE % was 12.64%. The lowest was 0.34%. And the median was 5.42%.

XKLS:7609's ROE % is ranked worse than
51.64% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs XKLS:7609: 6.31

Ajiya Bhd  (XKLS:7609) 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
=39.268/651.8935
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.268 / 229.02)*(229.02 / 732.8575)*(732.8575 / 651.8935)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.15 %*0.3125*1.1242
=ROA %*Equity Multiplier
=5.36 %*1.1242
=6.02 %

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
=39.268/651.8935
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (39.268 / 46.632) * (46.632 / -11.992) * (-11.992 / 229.02) * (229.02 / 732.8575) * (732.8575 / 651.8935)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8421 * -3.8886 * -5.24 % * 0.3125 * 1.1242
=6.02 %

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.


Ajiya Bhd ROE % Related Terms


Ajiya Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Ajiya 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.

Ajiya Bhd ROE % Chart

Ajiya Bhd Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.85 7.56 12.64 6.08 5.99

Ajiya Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 3.37 6.33 4.13 8.88 6.02

XKLS:7609 vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, Ajiya 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.


Ajiya Bhd ROE % vs Construction Industry

For the Construction industry and Industrials sector, Ajiya Bhd's ROE % distribution charts can be found below:

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


XKLS:7609
63GF Score
Ajiya Bhd XKLS:7609
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajiya Bhd ROE % Calculation

Ajiya Bhd's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Nov. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=38.696/( (644.206+647.025)/ 2 )
=38.696/645.6155
=5.99 %

Ajiya 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 )
=39.268/( (647.025+656.762)/ 2 )
=39.268/651.8935
=6.02 %

* 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 6.02% mean?
Ajiya Bhd (XKLS:7609) has a ROE % of 6.02% 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 Ajiya Bhd and its competitors. This is 11% above median its historical median of 5.42. Over the past decade, Ajiya Bhd's ROE % has ranged from 0.34 to 12.64. According to the industry distribution chart, Ajiya Bhd ranks #900 out of 1743 companies in the Construction industry, placing it in the top 51.6%.
Is Ajiya Bhd's ROE % too high?
Ajiya Bhd's current ROE % of 6.02% is 11% above median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 12.64. The Construction industry median ROE % is 6.69. Ajiya Bhd's value of 6.02% is 10% below this industry median. Based on the distribution chart, Ajiya Bhd ranks #900 out of 1743 companies in the Construction industry, which is below the industry midpoint. Overall, Ajiya Bhd has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ajiya Bhd's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Ajiya Bhd ranks #900 out of 1743 companies for ROE %. This places Ajiya Bhd in the lower half of its industry. The industry median ROE % is 6.69. Ajiya Bhd's value of 6.02% is 10% below this benchmark. Historically, Ajiya Bhd's own ROE % has ranged from 0.34 to 12.64 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 6.69, Ajiya 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 a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Ajiya Bhd's current ROE % of 6.02% is 10% 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 Ajiya Bhd and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajiya Bhd's current ROE % is 6.02%, which is 11% above median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajiya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajiya Bhd (XKLS:7609) is currently considered Fairly Valued. The stock's GF Value™ is RM0.96, compared to a current price of RM1.03 — trading 7.3% above its estimated fair value. The current ROE % is 6.02%, which is 11% above median its 10-year median of 5.42 and 10% below the Construction industry median of 6.69. Ajiya Bhd's overall GF Score™ is 63/100 with 3 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 Ajiya Bhd (XKLS:7609), the current ROE % is 6.02% 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 Ajiya Bhd (XKLS:7609) Overvalued in 2026?

Based on GuruFocus' analysis, Ajiya Bhd stock appears to be overvalued. The current stock price of RM1.03 is trading 7.3% above its estimated GF Value™ of RM0.96. GuruFocus considers Ajiya Bhd to be Fairly Valued.

Key valuation signals for XKLS:7609:

  • ROE %: 6.02% (11% above median its 10-year median of 5.42)
  • GF Value™: RM0.96 vs. price of RM1.03 (7.3% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 10% below the Construction median (#900 of 1743)

No single metric tells the full story. See the XKLS:7609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajiya Bhd Business Description

Address Jalan Genuang, Lot 153, Kawasan Perindustrian, Batu 3, Segamat, JHR, MYS, 85000
Ajiya Bhd is an investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Division Metal roofing system, PU green series, steel truss system, structural products, metal door and window frame, metal sunshade/louvres, metal ceiling, and IBS-aligned building solutions: Glass Division Safety glass, tempered glass, laminated glass, Low-E coated glass, and Insulated Glass Units (IGU) for architectural and construction applications While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.
63GF Score

Get the complete analysis for XKLS:7609

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

RM1.03
Price
RM0.96
GF Value