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GFM Services BhdXKLS:0039 42 Return-on-Tangible-Asset is 3.97% as of Mar. 2026, which is 2% below its 10-year median of 4.06. GuruFocus rates XKLS:0039 with a GF Score™ of 42/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,095 Business Services companies, GFM Services Bhd ranks worse than 58.9% 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. GFM Services Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM24.3 Mil. GFM Services Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM611.9 Mil. Therefore, GFM Services Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.97%.
The historical rank and industry rank for GFM Services Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0039'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.18 Med: 4.06 Max: 38.54
Current: 2.49
During the past 13 years, GFM Services Bhd's highest Return-on-Tangible-Asset was 38.54%. The lowest was 1.18%. And the median was 4.06%.
XKLS:0039's Return-on-Tangible-Asset is ranked worse than 58.9% of 1095
companies
in the Business Services industry
Industry Median: 3.98
vs XKLS:0039: 2.49
GFM Services Bhd (XKLS:0039) 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.
GFM Services Bhd Return-on-Tangible-Asset Related Terms
GFM Services Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GFM Services 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.
XKLS:0039 vs CTAS, CPRT, ULS: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, GFM Services 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.
GFM Services Bhd Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, GFM Services Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GFM Services 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 3.97% mean?
GFM Services Bhd (XKLS:0039) has a Return-on-Tangible-Asset of 3.97% 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 GFM Services Bhd and its competitors. This is near median its historical median of 4.06. Over the past decade, GFM Services Bhd's Return-on-Tangible-Asset has ranged from 1.18 to 38.54. According to the industry distribution chart, GFM Services Bhd ranks #645 out of 1095 companies in the Business Services industry, placing it in the top 58.9%.
Is GFM Services Bhd's Return-on-Tangible-Asset too high?
GFM Services Bhd's current Return-on-Tangible-Asset of 3.97% is near median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 38.54. The Business Services industry median Return-on-Tangible-Asset is 3.98. GFM Services Bhd's value of 3.97% is 0.3% below this industry median. Based on the distribution chart, GFM Services Bhd ranks #645 out of 1095 companies in the Business Services industry, which is below the industry midpoint. Overall, GFM Services Bhd has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GFM Services Bhd's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, GFM Services Bhd ranks #645 out of 1095 companies for Return-on-Tangible-Asset. This places GFM Services Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.98. GFM Services Bhd's value of 3.97% is 0.3% below this benchmark. Historically, GFM Services Bhd's own Return-on-Tangible-Asset has ranged from 1.18 to 38.54 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 3.98, GFM Services Bhd has consistently been below 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 Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,095 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. GFM Services Bhd's current Return-on-Tangible-Asset of 3.97% is 0.3% below 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 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 GFM Services Bhd and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFM Services Bhd's current Return-on-Tangible-Asset is 3.97%, which is near median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFM Services Bhd stock overvalued right now?
Based on GuruFocus' analysis, GFM Services Bhd (XKLS:0039) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.19 — trading 36.2% below its estimated fair value. The current Return-on-Tangible-Asset is 3.97%, which is near median its 10-year median of 4.06 and 0.3% below the Business Services industry median of 3.98. GFM Services Bhd's overall GF Score™ is 42/100 with 5 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 GFM Services Bhd (XKLS:0039), the current Return-on-Tangible-Asset is 3.97% 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 GFM Services Bhd (XKLS:0039) Overvalued in 2026?
Based on GuruFocus' analysis, GFM Services Bhd stock appears to be undervalued.
The current stock price of RM0.19 is trading 36.2% below its estimated GF Value™ of RM0.29.
GuruFocus considers GFM Services Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0039:
Return-on-Tangible-Asset: 3.97% (near median its 10-year median of 4.06)
GF Value™: RM0.29 vs. price of RM0.19 (36.2% below fair value)
Industry Position: 0.3% below the Business Services median (#645 of 1095)
No single metric tells the full story. See the XKLS:0039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GFM Services Bhd is a preferred Facilities Management (FM) solutions provider. The company provides integrated facilities management (IFM) services across a diverse portfolio of asset classes. Its segments include Facilities management engaged in provision of facilities operations, maintenance and management and engineering services, consultancy and advisory; Concession arrangements engaged in construction and maintenance of facilities and infrastructure; Oil and gas services engaged in trading of chemical and oil products and providing engineering services; and Others including investment holding, fund raising, rendering group management and administrative services. It derives revenue from Facilities management segment.
42GF Score
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