FSBM Holdings Bhd (XKLS:9377) ROE %: 21.28% (As of Mar. 2026)


XKLS:9377 FSBM Holdings Bhd XKLS:9377
32 GF Score
Price RM0.22
GF Value RM0.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FSBM Holdings Bhd ROE %?

FSBM Holdings Bhd XKLS:9377 32 ROE % is 21.28% as of Mar. 2026. GuruFocus rates XKLS:9377 with a GF Score™ of 32/100 and a GF Value™ of RM0.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,426 Hardware companies, FSBM Holdings Bhd ranks worse than 94.11% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FSBM Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM4.19 Mil. FSBM Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM19.68 Mil. Therefore, FSBM Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 21.28%.

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

XKLS:9377' s ROE % Range Over the Past 10 Years
Min: -1119.57   Med: -32.59   Max: 91.61
Current: -51.26

During the past 13 years, FSBM Holdings Bhd's highest ROE % was 91.61%. The lowest was -1,119.57%. And the median was -32.59%.

XKLS:9377's ROE % is ranked worse than
94.11% of 2426 companies
in the Hardware industry
Industry Median: 4.59 vs XKLS:9377: -51.26

FSBM Holdings Bhd  (XKLS:9377) 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
=4.188/19.6825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.188 / 38.04)*(38.04 / 28.08)*(28.08 / 19.6825)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.01 %*1.3547*1.4266
=ROA %*Equity Multiplier
=14.92 %*1.4266
=21.28 %

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
=4.188/19.6825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.188 / 4.184) * (4.184 / 4.276) * (4.276 / 38.04) * (38.04 / 28.08) * (28.08 / 19.6825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.001 * 0.9785 * 11.24 % * 1.3547 * 1.4266
=21.28 %

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.


FSBM Holdings Bhd ROE % Related Terms


FSBM Holdings Bhd ROE % Historical Data

* Premium members only.

The historical data trend for FSBM 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.

FSBM Holdings Bhd ROE % Chart

FSBM Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,119.57 91.61 10.07 3.82 -62.35

FSBM Holdings 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 -11.85 -12.35 -34.25 -194.20 21.28

XKLS:9377 vs SNX, ARW, AVT: ROE % Comparison

For the Electronics & Computer Distribution subindustry, FSBM 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.


FSBM Holdings Bhd ROE % vs Hardware Industry

For the Hardware industry and Technology sector, FSBM Holdings Bhd's ROE % distribution charts can be found below:

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


XKLS:9377
32GF Score
FSBM Holdings Bhd XKLS:9377
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FSBM Holdings Bhd ROE % Calculation

FSBM Holdings 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 )
=-13.628/( (26.385+17.332)/ 2 )
=-13.628/21.8585
=-62.35 %

FSBM 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 )
=4.188/( (17.332+22.033)/ 2 )
=4.188/19.6825
=21.28 %

* 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 21.28% mean?
FSBM Holdings Bhd (XKLS:9377) has a ROE % of 21.28% 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 FSBM Holdings Bhd and its competitors. According to the industry distribution chart, FSBM Holdings Bhd ranks #2283 out of 2426 companies in the Hardware industry, placing it in the top 94.1%.
Is FSBM Holdings Bhd's ROE % too high?
FSBM Holdings Bhd's current ROE % is 21.28%. The Hardware industry median ROE % is 4.59. FSBM Holdings Bhd's value of 21.28% is 363.6% above this industry median. Based on the distribution chart, FSBM Holdings Bhd ranks #2283 out of 2426 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, FSBM Holdings Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FSBM Holdings Bhd's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, FSBM Holdings Bhd ranks #2283 out of 2426 companies for ROE %. This places FSBM Holdings Bhd in the lower half of its industry. The industry median ROE % is 4.59. FSBM Holdings Bhd's value of 21.28% is 363.6% above this benchmark. 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 4.59, based on 2,426 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. FSBM Holdings Bhd's current ROE % of 21.28% is 363.6% 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 FSBM Holdings Bhd and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSBM Holdings Bhd's current ROE % is 21.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSBM Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, FSBM Holdings Bhd (XKLS:9377) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.22 — trading 21.4% below its estimated fair value. The current ROE % is 21.28% and 363.6% above the Hardware industry median of 4.59. FSBM Holdings Bhd's overall GF Score™ is 32/100 with 4 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 FSBM Holdings Bhd (XKLS:9377), the current ROE % is 21.28% 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 FSBM Holdings Bhd (XKLS:9377) Overvalued in 2026?

Based on GuruFocus' analysis, FSBM Holdings Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 21.4% below its estimated GF Value™ of RM0.28. GuruFocus considers FSBM Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9377:

  • ROE %: 21.28%
  • GF Value™: RM0.28 vs. price of RM0.22 (21.4% below fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 363.6% above the Hardware median (#2283 of 2426)

No single metric tells the full story. See the XKLS:9377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FSBM Holdings Bhd Business Description

Address 8, Jalan PJU 7/6, PJU 7, L3-02, KYM Tower, Mutiara Damansara, Kuala Lumpur, SGR, MYS, 47800
FSBM Holdings Bhd is an investment holding company that distributes computers, computer-related products, education-related products, and the provision of related services. The company's reportable segments: The platform design and development include the development of web-based and mobile platforms for customers. The Refurbishment services include refurbishment of pre-owned IT hardware. The lease services include the leasing of IT hardware. The technical support and maintenance services include after-sales service following the completion of the platform design and development projects. Smart manufacturing solutions provides manpower services in respect of system integration, commissioning and setup services, and Managed security service offers network security solutions and others.
32GF Score

Get the complete analysis for XKLS:9377

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

RM0.22
Price
RM0.28
GF Value