Iris BhdXKLS:0010 41 Return-on-Tangible-Asset is -10.81% as of Mar. 2026. GuruFocus rates XKLS:0010 with a GF Score™ of 41/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,077 Industrial Products companies, Iris Bhd ranks worse than 75.11% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Iris Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-56.0 Mil. Iris Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM517.6 Mil. Therefore, Iris Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -10.81%.
The historical rank and industry rank for Iris Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0010'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -39.05 Med: 2.35 Max: 9.89
Current: -0.69
During the past 13 years, Iris Bhd's highest Return-on-Tangible-Asset was 9.89%. The lowest was -39.05%. And the median was 2.35%.
XKLS:0010's Return-on-Tangible-Asset is ranked worse than 75.11% of 3077
companies
in the Industrial Products industry
Industry Median: 3.24
vs XKLS:0010: -0.69
Iris Bhd (XKLS:0010) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Iris Bhd Return-on-Tangible-Asset Related Terms
Iris Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Iris Bhd's Return-on-Tangible-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.
Iris Bhd Return-on-Tangible-Asset Competitor Comparison
For the Business Equipment & Supplies subindustry, Iris Bhd's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Iris Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Iris Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Iris Bhd's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of -10.81% mean?
Iris Bhd (XKLS:0010) has a Return-on-Tangible-Asset of -10.81% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Iris Bhd and its competitors. According to the industry distribution chart, Iris Bhd ranks #2311 out of 3077 companies in the Industrial Products industry, placing it in the top 75.1%.
Is Iris Bhd's Return-on-Tangible-Asset too high?
Iris Bhd's current Return-on-Tangible-Asset is -10.81%. Based on the distribution chart, Iris Bhd ranks #2311 out of 3077 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Iris Bhd has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Bhd's Return-on-Tangible-Asset compare to competitors?
According to the Industrial Products industry distribution chart, Iris Bhd ranks #2311 out of 3077 companies for Return-on-Tangible-Asset. This places Iris Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,077 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Iris Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Bhd's current Return-on-Tangible-Asset is -10.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iris Bhd (XKLS:0010) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.23 — trading 35.3% above its estimated fair value. The current Return-on-Tangible-Asset is -10.81%. Iris Bhd's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Iris Bhd (XKLS:0010), the current Return-on-Tangible-Asset is -10.81% 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 Iris Bhd (XKLS:0010) Overvalued in 2026?
Based on GuruFocus' analysis, Iris Bhd stock appears to be overvalued.
The current stock price of RM0.23 is trading 35.3% above its estimated GF Value™ of RM0.17.
GuruFocus considers Iris Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0010:
Return-on-Tangible-Asset: -10.81%
GF Value™: RM0.17 vs. price of RM0.23 (35.3% above fair value)
No single metric tells the full story. See the XKLS:0010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iris Corp Bhd is engaged in operations of segments such as the Trusted Identification, and Sustainable Development division. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-passports, e-identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of its revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.
41GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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