Mah Sing Group Bhd (XKLS:8583) ROE %: 6.74% (As of Mar. 2026) — 15% Above Median


XKLS:8583 Mah Sing Group Bhd XKLS:8583
84 GF Score
Price RM0.97
GF Value RM1.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mah Sing Group Bhd ROE %?

Mah Sing Group Bhd XKLS:8583 84 ROE % is 6.74% as of Mar. 2026, which is 15% above its 10-year median of 5.84. GuruFocus rates XKLS:8583 with a GF Score™ of 84/100 and a GF Value™ of RM1.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,732 Real Estate companies, Mah Sing Group Bhd ranks better than 61.66% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mah Sing Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM272 Mil. Mah Sing Group Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM4,038 Mil. Therefore, Mah Sing Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 6.74%.

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

XKLS:8583' s ROE % Range Over the Past 10 Years
Min: 2.1   Med: 5.84   Max: 9.63
Current: 6.58

During the past 13 years, Mah Sing Group Bhd's highest ROE % was 9.63%. The lowest was 2.10%. And the median was 5.84%.

XKLS:8583's ROE % is ranked better than
61.66% of 1732 companies
in the Real Estate industry
Industry Median: 3.97 vs XKLS:8583: 6.58

Mah Sing Group Bhd  (XKLS:8583) 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
=272.312/4038.1735
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(272.312 / 2252.416)*(2252.416 / 8057.1035)*(8057.1035 / 4038.1735)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.09 %*0.2796*1.9952
=ROA %*Equity Multiplier
=3.38 %*1.9952
=6.74 %

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
=272.312/4038.1735
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (272.312 / 372.492) * (372.492 / 444.512) * (444.512 / 2252.416) * (2252.416 / 8057.1035) * (8057.1035 / 4038.1735)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7311 * 0.838 * 19.73 % * 0.2796 * 1.9952
=6.74 %

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.


Mah Sing Group Bhd ROE % Related Terms


Mah Sing Group Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Mah Sing Group 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.

Mah Sing Group Bhd ROE % Chart

Mah Sing Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 4.69 5.93 6.31 6.50

Mah Sing Group 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 6.76 6.75 6.66 6.11 6.74

Mah Sing Group Bhd ROE % Competitor Comparison

For the Real Estate - Development subindustry, Mah Sing Group 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.


Mah Sing Group Bhd ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Mah Sing Group Bhd's ROE % falls into.


XKLS:8583
84GF Score
Mah Sing Group Bhd XKLS:8583
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mah Sing Group Bhd ROE % Calculation

Mah Sing Group 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: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=260.077/( (3932.563+4068.827)/ 2 )
=260.077/4000.695
=6.50 %

Mah Sing Group 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 )
=272.312/( (4068.827+4007.52)/ 2 )
=272.312/4038.1735
=6.74 %

* 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 6.74% mean?
Mah Sing Group Bhd (XKLS:8583) has a ROE % of 6.74% 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 Mah Sing Group Bhd and its competitors. This is 15% above median its historical median of 5.84. Over the past decade, Mah Sing Group Bhd's ROE % has ranged from 2.10 to 9.63. According to the industry distribution chart, Mah Sing Group Bhd ranks #664 out of 1732 companies in the Real Estate industry, placing it in the top 38.3%.
Is Mah Sing Group Bhd's ROE % too high?
Mah Sing Group Bhd's current ROE % of 6.74% is 15% above median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 9.63. The Real Estate industry median ROE % is 3.97. Mah Sing Group Bhd's value of 6.74% is 69.8% above this industry median. Based on the distribution chart, Mah Sing Group Bhd ranks #664 out of 1732 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mah Sing Group Bhd has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mah Sing Group Bhd's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Mah Sing Group Bhd ranks #664 out of 1732 companies for ROE %. This puts Mah Sing Group Bhd in the upper half of its industry. The industry median ROE % is 3.97. Mah Sing Group Bhd's value of 6.74% is 69.8% above this benchmark. Historically, Mah Sing Group Bhd's own ROE % has ranged from 2.10 to 9.63 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 3.97, Mah Sing Group Bhd has consistently been above 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 Real Estate company?
The median ROE % among Real Estate companies is 3.97, based on 1,732 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. Mah Sing Group Bhd's current ROE % of 6.74% is 69.8% above 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 Mah Sing Group Bhd and its competitors. For the Real Estate industry, the median ROE % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mah Sing Group Bhd's current ROE % is 6.74%, which is 15% above median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mah Sing Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mah Sing Group Bhd (XKLS:8583) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.11, compared to a current price of RM0.97 — trading 12.6% below its estimated fair value. The current ROE % is 6.74%, which is 15% above median its 10-year median of 5.84 and 69.8% above the Real Estate industry median of 3.97. Mah Sing Group Bhd's overall GF Score™ is 84/100 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 Mah Sing Group Bhd (XKLS:8583), the current ROE % is 6.74% 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 Mah Sing Group Bhd (XKLS:8583) Overvalued in 2026?

Based on GuruFocus' analysis, Mah Sing Group Bhd stock appears to be undervalued. The current stock price of RM0.97 is trading 12.6% below its estimated GF Value™ of RM1.11. GuruFocus considers Mah Sing Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8583:

  • ROE %: 6.74% (15% above median its 10-year median of 5.84)
  • GF Value™: RM1.11 vs. price of RM0.97 (12.6% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 69.8% above the Real Estate median (#664 of 1732)

No single metric tells the full story. See the XKLS:8583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mah Sing Group Bhd Business Description

Address No. 163, Jalan Sungai Besi, Penthouse Suite 1, Wisma Mah Sing, Kuala Lumpur, SGR, MYS, 57100
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The Property segment, which accounts for the majority of the company's revenue, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trades a range of plastic molded products and gloves. The Investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. Geographically, it derives maximum revenue from Malaysia, followed by Indonesia, Singapore, Thailand, Philippines, United States, Australia, and other countries.
84GF Score

Get the complete analysis for XKLS:8583

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

RM0.97
Price
RM1.11
GF Value