Wavefront BhdXKLS:8176 -4.17%36 ROE % is 0.11% as of Mar. 2026, which is 98% below its 10-year median of 5.31. GuruFocus rates XKLS:8176 with a GF Score™ of 36/100 and a GF Value™ of RM0.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,422 Hardware companies, Wavefront Bhd ranks worse than 69.78% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wavefront Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM0.4 Mil. Wavefront Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM369.9 Mil. Therefore, Wavefront Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 0.11%.
The historical rank and industry rank for Wavefront Bhd's ROE % or its related term are showing as below:
XKLS:8176'
s ROE % Range Over the Past 10 Years
Min: -41.65 Med: 5.31 Max: 59.79
Current: -1.14
During the past 13 years, Wavefront Bhd's highest ROE % was 59.79%. The lowest was -41.65%. And the median was 5.31%.
XKLS:8176's ROE % is ranked worse than 69.78% of 2422
companies
in the Hardware industry
Industry Median: 4.66
vs XKLS:8176: -1.14
Wavefront Bhd (XKLS:8176) 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.
Wavefront Bhd ROE % Related Terms
Wavefront Bhd ROE % Historical Data
* Premium members only.
The historical data trend for Wavefront 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 Electronic Components subindustry, Wavefront 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.
Wavefront Bhd ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Wavefront Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Wavefront 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.
Wavefront Bhd (XKLS:8176) has a ROE % of 0.11% 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 Wavefront Bhd and its competitors. This is 98% below median its historical median of 5.31. According to the industry distribution chart, Wavefront Bhd ranks #1690 out of 2422 companies in the Hardware industry, placing it in the top 69.8%.
Is Wavefront Bhd's ROE % too high?
Wavefront Bhd's current ROE % of 0.11% is 98% below median its 10-year median of 5.31. The Hardware industry median ROE % is 4.66. Wavefront Bhd's value of 0.11% is 97.6% below this industry median. Based on the distribution chart, Wavefront Bhd ranks #1690 out of 2422 companies in the Hardware industry, which is below the industry midpoint. Overall, Wavefront Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wavefront Bhd's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Wavefront Bhd ranks #1690 out of 2422 companies for ROE %. This places Wavefront Bhd in the lower half of its industry. The industry median ROE % is 4.66. Wavefront Bhd's value of 0.11% is 97.6% below this benchmark. While the company's 10-year median is 5.31 vs. the industry median of 4.66, Wavefront 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 Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,422 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. Wavefront Bhd's current ROE % of 0.11% is 97.6% 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 Wavefront 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. Wavefront Bhd's current ROE % is 0.11%, which is 98% below median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wavefront Bhd (XKLS:8176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.12 — trading 50% below its estimated fair value. The current ROE % is 0.11%, which is 98% below median its 10-year median of 5.31 and 97.6% below the Hardware industry median of 4.66. Wavefront Bhd's overall GF Score™ is 36/100 with 5 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 Wavefront Bhd (XKLS:8176), the current ROE % is 0.11% 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 Wavefront Bhd (XKLS:8176) Overvalued in 2026?
Based on GuruFocus' analysis, Wavefront Bhd stock appears to be undervalued.
The current stock price of RM0.12 is trading 50% below its estimated GF Value™ of RM0.23.
GuruFocus considers Wavefront Bhd to be Possible Value Trap.
Key valuation signals for XKLS:8176:
ROE %: 0.11% (98% below median its 10-year median of 5.31)
GF Value™: RM0.23 vs. price of RM0.12 (50% below fair value)
Industry Position: 97.6% below the Hardware median (#1690 of 2422)
No single metric tells the full story. See the XKLS:8176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wavefront Bhd is an investment holding company. The company is principally involved in the manufacturing and sales of precision plastic injection moulded parts, secondary process, sub-assembly, and full assembly of the finished products for the electronic industry, and is predominantly carried out in Malaysia.
36GF Score
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