Tenaga Nasional Bhd (XKLS:5347) Gross-Profit-to-Asset %: 34.11% (As of Mar. 2026)


XKLS:5347 Tenaga Nasional Bhd XKLS:5347
84 GF Score
Price RM14.40
GF Value RM14.90
Valuation Fairly Valued
! 7 Warning Signs
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What is Tenaga Nasional Bhd Gross-Profit-to-Asset %?

Tenaga Nasional Bhd XKLS:5347 -0.69% 84 Gross-Profit-to-Asset % is 34.11% as of Mar. 2026. GuruFocus rates XKLS:5347 with a GF Score™ of 84/100 and a GF Value™ of RM14.90 (Fairly Valued). The stock has 7 warning signs investors should review. Among 501 Utilities - Regulated companies, Tenaga Nasional Bhd ranks better than 92.81% on this metric.

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tenaga Nasional Bhd's annualized Gross Profit for the quarter that ended in Mar. 2026 was RM68,415 Mil. Tenaga Nasional Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM200,587 Mil. Therefore, Tenaga Nasional Bhd's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2026 was 34.11%.


Tenaga Nasional Bhd Gross-Profit-to-Asset % Related Terms


Tenaga Nasional Bhd Gross-Profit-to-Asset % Historical Data

* Premium members only.

The historical data trend for Tenaga Nasional Bhd's Gross-Profit-to-Asset % 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.

Tenaga Nasional Bhd Gross-Profit-to-Asset % Chart

Tenaga Nasional Bhd Annual Data
Trend Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.28 -4.22 1.02 2.04 8.14

Tenaga Nasional Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross-Profit-to-Asset % 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 31.47 32.47 33.96 35.44 34.11

XKLS:5347 vs NEE, SO, DUK: Gross-Profit-to-Asset % Comparison

For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Tenaga Nasional Bhd Gross-Profit-to-Asset % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tenaga Nasional Bhd's Gross-Profit-to-Asset % falls into.


XKLS:5347
84GF Score
Tenaga Nasional Bhd XKLS:5347
Gross-Profit-to-Asset % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaga Nasional Bhd Gross-Profit-to-Asset % Calculation

Tenaga Nasional Bhd's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=16227.8/( (200380.4+198354.5)/ 2 )
=16227.8/199367.45
=8.14 %

Tenaga Nasional Bhd's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2026 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=68414.8/( (198354.5+202818.6)/ 2 )
=68414.8/200586.55
=34.11 %

* 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 Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2026) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

What does a Gross-Profit-to-Asset % of 34.11% mean?
Tenaga Nasional Bhd (XKLS:5347) has a Gross-Profit-to-Asset % of 34.11% as of Mar. 2026. Gross Profit to Asset Ratio is the total gross profit divided by total assets. View historical data on Tenaga Nasional Bhd and its competitors. According to the industry distribution chart, Tenaga Nasional Bhd ranks #36 out of 501 companies in the Utilities - Regulated industry, placing it in the top 7.2%.
Is Tenaga Nasional Bhd's Gross-Profit-to-Asset % too high?
Tenaga Nasional Bhd's current Gross-Profit-to-Asset % is 34.11%. The Utilities - Regulated industry median Gross-Profit-to-Asset % is 10.29. Tenaga Nasional Bhd's value of 34.11% is 231.5% above this industry median. Based on the distribution chart, Tenaga Nasional Bhd ranks #36 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tenaga Nasional Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenaga Nasional Bhd's Gross-Profit-to-Asset % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Tenaga Nasional Bhd ranks #36 out of 501 companies for Gross-Profit-to-Asset %. This places Tenaga Nasional Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Gross-Profit-to-Asset % is 10.29. Tenaga Nasional Bhd's value of 34.11% is 231.5% 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 Gross-Profit-to-Asset % for an Utilities - Regulated company?
The median Gross-Profit-to-Asset % among Utilities - Regulated companies is 10.29, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Gross-Profit-to-Asset % significantly above this median, while those in the bottom quartile fall well below. However, Gross-Profit-to-Asset % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenaga Nasional Bhd's current Gross-Profit-to-Asset % of 34.11% is 231.5% 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 Gross-Profit-to-Asset % mean?
A high Gross-Profit-to-Asset % can signal that a stock is expensive relative to its fundamentals. Gross Profit to Asset Ratio is the total gross profit divided by total assets. View historical data on Tenaga Nasional Bhd and its competitors. For the Utilities - Regulated industry, the median Gross-Profit-to-Asset % is 10.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaga Nasional Bhd's current Gross-Profit-to-Asset % is 34.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (XKLS:5347) is currently considered Fairly Valued. The stock's GF Value™ is RM14.90, compared to a current price of RM14.40 — trading 3.4% below its estimated fair value. The current Gross-Profit-to-Asset % is 34.11% and 231.5% above the Utilities - Regulated industry median of 10.29. Tenaga Nasional Bhd's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross-Profit-to-Asset % calculated?
Gross-Profit-to-Asset % is calculated from a company's financial statements. For Tenaga Nasional Bhd (XKLS:5347), the current Gross-Profit-to-Asset % is 34.11% 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 Tenaga Nasional Bhd (XKLS:5347) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be undervalued. The current stock price of RM14.40 is trading 3.4% below its estimated GF Value™ of RM14.90. GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.

Key valuation signals for XKLS:5347:

  • Gross-Profit-to-Asset %: 34.11%
  • GF Value™: RM14.90 vs. price of RM14.40 (3.4% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 231.5% above the Utilities - Regulated median (#36 of 501)

No single metric tells the full story. See the XKLS:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenaga Nasional Bhd Business Description

Other Exchanges TNABY:USATNABF:USA
Address No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
84GF Score

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

RM14.40
Price
RM14.90
GF Value