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Aimax BhdXKLS:0041 +50.00% Return-on-Tangible-Asset is 32.33% as of Sep. 2025, which is 107667% above its 10-year median of 0.03. The stock has 8 warning signs investors should review. Among 568 Conglomerates companies, Aimax Bhd ranks better than 81.87% 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. Aimax Bhd's annualizedNet Income for the quarter that ended in Sep. 2025 was RM108.94 Mil. Aimax Bhd's average total tangible assets for the quarter that ended in Sep. 2025 was RM337.01 Mil. Therefore, Aimax Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 32.33%.
The historical rank and industry rank for Aimax Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0041'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -57.36 Med: 0.03 Max: 39.56
Current: 7.31
During the past 13 years, Aimax Bhd's highest Return-on-Tangible-Asset was 39.56%. The lowest was -57.36%. And the median was 0.03%.
XKLS:0041's Return-on-Tangible-Asset is ranked better than 81.87% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs XKLS:0041: 7.31
Aimax Bhd (XKLS:0041) 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.
Aimax Bhd Return-on-Tangible-Asset Related Terms
Aimax Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aimax 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:0041 vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Aimax 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.
Aimax Bhd Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aimax Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aimax 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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 32.33% mean?
Aimax Bhd (XKLS:0041) has a Return-on-Tangible-Asset of 32.33% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aimax Bhd and its competitors. This is 107667% above median its historical median of 0.03. According to the industry distribution chart, Aimax Bhd ranks #103 out of 568 companies in the Conglomerates industry, placing it in the top 18.1%.
Is Aimax Bhd's Return-on-Tangible-Asset too high?
Aimax Bhd's current Return-on-Tangible-Asset of 32.33% is 107667% above median its 10-year median of 0.03. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Aimax Bhd's value of 32.33% is 1082.1% above this industry median. Based on the distribution chart, Aimax Bhd ranks #103 out of 568 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Aimax Bhd's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aimax Bhd ranks #103 out of 568 companies for Return-on-Tangible-Asset. This places Aimax Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Aimax Bhd's value of 32.33% is 1082.1% above this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 2.74, Aimax Bhd has consistently been above 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 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. Aimax Bhd's current Return-on-Tangible-Asset of 32.33% is 1082.1% 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 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 Aimax Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aimax Bhd's current Return-on-Tangible-Asset is 32.33%, which is 107667% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aimax Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aimax Bhd (XKLS:0041) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.02 — trading 50% above its estimated fair value. The current Return-on-Tangible-Asset is 32.33%, which is 107667% above median its 10-year median of 0.03 and 1082.1% above the Conglomerates industry median of 2.74. 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 Aimax Bhd (XKLS:0041), the current Return-on-Tangible-Asset is 32.33% as of Sep. 2025. 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.
Aimax Bhd, formerly known as Hong Seng Consolidated Bhd, is operating as an investment holding company. The company operates in four operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; and Seafood segment which consists of Trading of Seafood products. The majority of the revenue is derived from the healthcare segment.
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