Magni-Tech Industries Bhd (XKLS:7087) Tax Rate %: 21.21% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:7087 Magni-Tech Industries Bhd XKLS:7087
73 GF Score
Price RM1.74
GF Value RM2.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Magni-Tech Industries Bhd Tax Rate %?

Magni-Tech Industries Bhd XKLS:7087 -0.57% 73 Tax Rate % is 21.21% as of Apr. 2026. GuruFocus rates XKLS:7087 with a GF Score™ of 73/100 and a GF Value™ of RM2.24 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magni-Tech Industries Bhd's Tax Expense for the three months ended in Apr. 2026 was RM6 Mil. Magni-Tech Industries Bhd's Pre-Tax Income for the three months ended in Apr. 2026 was RM29 Mil. Therefore, Magni-Tech Industries Bhd's Tax Rate % for the quarter that ended in Apr. 2026 was 21.21%.

Magni-Tech Industries Bhd Tax Rate % Related Terms

Magni-Tech Industries Bhd Tax Rate % Historical Data

* Premium members only.

The historical data trend for Magni-Tech Industries Bhd's Tax Rate % 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.

Magni-Tech Industries Bhd Tax Rate % Chart

Magni-Tech Industries Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.64 24.01 23.85 24.03 23.67

Magni-Tech Industries Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Rate % 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 22.86 24.63 24.68 23.25 21.21
XKLS:7087
73GF Score
Magni-Tech Industries Bhd XKLS:7087
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magni-Tech Industries Bhd Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Magni-Tech Industries Bhd's Tax Rate % for the fiscal year that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (A: Apr. 2026 )/Pre-Tax Income (A: Apr. 2026 )
=37.686/159.213
=23.67 %

Magni-Tech Industries Bhd's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2026 )/Pre-Tax Income (Q: Apr. 2026 )
=6.177/29.127
=21.21 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 21.21% mean?
Magni-Tech Industries Bhd (XKLS:7087) has a Tax Rate % of 21.21% as of Apr. 2026.
Is Magni-Tech Industries Bhd's Tax Rate % too high?
Magni-Tech Industries Bhd's current Tax Rate % is 21.21%. Overall, Magni-Tech Industries Bhd has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magni-Tech Industries Bhd's Tax Rate % compare to RL and LEVI?
Magni-Tech Industries Bhd's Tax Rate % of 21.21% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Magni-Tech Industries Bhd's current Tax Rate % is 21.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magni-Tech Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magni-Tech Industries Bhd (XKLS:7087) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.24, compared to a current price of RM1.74 — trading 22.3% below its estimated fair value. The current Tax Rate % is 21.21%. Magni-Tech Industries Bhd's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Magni-Tech Industries Bhd (XKLS:7087), the current Tax Rate % is 21.21% as of Apr. 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 Magni-Tech Industries Bhd (XKLS:7087) Overvalued in 2026?

Based on GuruFocus' analysis, Magni-Tech Industries Bhd stock appears to be undervalued. The current stock price of RM1.74 is trading 22.3% below its estimated GF Value™ of RM2.24. GuruFocus considers Magni-Tech Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7087:

  • Tax Rate %: 21.21%
  • GF Value™: RM2.24 vs. price of RM1.74 (22.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the XKLS:7087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magni-Tech Industries Bhd Business Description

Address 488-A, Jalan Burmah, Level 18, Penas Tower, Midlands Park Centre, George Town, PNG, MYS, 10350
Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.
73GF Score

Get the complete analysis for XKLS:7087

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

RM1.74
Price
RM2.24
GF Value