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ES Ceramics Technology BhdXKLS:0100 -3.13%61 Return-on-Tangible-Asset is 6.40% as of Feb. 2026, which is 11% below its 10-year median of 7.19. GuruFocus rates XKLS:0100 with a GF Score™ of 61/100 and a GF Value™ of RM0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,612 Chemicals companies, ES Ceramics Technology Bhd ranks better than 56.76% 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. ES Ceramics Technology Bhd's annualizedNet Income for the quarter that ended in Feb. 2026 was RM21.1 Mil. ES Ceramics Technology Bhd's average total tangible assets for the quarter that ended in Feb. 2026 was RM329.3 Mil. Therefore, ES Ceramics Technology Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.40%.
The historical rank and industry rank for ES Ceramics Technology Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0100'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.2 Med: 7.19 Max: 33.65
Current: 3.88
During the past 13 years, ES Ceramics Technology Bhd's highest Return-on-Tangible-Asset was 33.65%. The lowest was 0.20%. And the median was 7.19%.
XKLS:0100's Return-on-Tangible-Asset is ranked better than 56.76% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs XKLS:0100: 3.88
ES Ceramics Technology Bhd (XKLS:0100) 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.
ES Ceramics Technology Bhd Return-on-Tangible-Asset Related Terms
ES Ceramics Technology Bhd Return-on-Tangible-Asset Historical Data
* 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.
ES Ceramics Technology Bhd Return-on-Tangible-Asset Chart
XKLS:0100 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, ES Ceramics Technology 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.
ES Ceramics Technology Bhd Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ES Ceramics Technology 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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.40% mean?
ES Ceramics Technology Bhd (XKLS:0100) has a Return-on-Tangible-Asset of 6.40% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ES Ceramics Technology Bhd and its competitors. This is 11% below median its historical median of 7.19. Over the past decade, ES Ceramics Technology Bhd's Return-on-Tangible-Asset has ranged from 0.20 to 33.65. According to the industry distribution chart, ES Ceramics Technology Bhd ranks #697 out of 1612 companies in the Chemicals industry, placing it in the top 43.2%.
Is ES Ceramics Technology Bhd's Return-on-Tangible-Asset too high?
ES Ceramics Technology Bhd's current Return-on-Tangible-Asset of 6.40% is 11% below median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 33.65. The Chemicals industry median Return-on-Tangible-Asset is 3.08. ES Ceramics Technology Bhd's value of 6.40% is 108.1% above this industry median. Based on the distribution chart, ES Ceramics Technology Bhd ranks #697 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, ES Ceramics Technology Bhd has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ES Ceramics Technology Bhd's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, ES Ceramics Technology Bhd ranks #697 out of 1612 companies for Return-on-Tangible-Asset. This puts ES Ceramics Technology Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. ES Ceramics Technology Bhd's value of 6.40% is 108.1% above this benchmark. Historically, ES Ceramics Technology Bhd's own Return-on-Tangible-Asset has ranged from 0.20 to 33.65 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 3.08, ES Ceramics Technology 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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. ES Ceramics Technology Bhd's current Return-on-Tangible-Asset of 6.40% is 108.1% 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 ES Ceramics Technology Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ES Ceramics Technology Bhd's current Return-on-Tangible-Asset is 6.40%, which is 11% below median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES Ceramics Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd (XKLS:0100) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.16 — trading 18.4% below its estimated fair value. The current Return-on-Tangible-Asset is 6.40%, which is 11% below median its 10-year median of 7.19 and 108.1% above the Chemicals industry median of 3.08. ES Ceramics Technology Bhd's overall GF Score™ is 61/100 with 7 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 ES Ceramics Technology Bhd (XKLS:0100), the current Return-on-Tangible-Asset is 6.40% as of Feb. 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 ES Ceramics Technology Bhd (XKLS:0100) Overvalued in 2026?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 18.4% below its estimated GF Value™ of RM0.19.
GuruFocus considers ES Ceramics Technology Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0100:
Return-on-Tangible-Asset: 6.40% (11% below median its 10-year median of 7.19)
GF Value™: RM0.19 vs. price of RM0.16 (18.4% below fair value)
Industry Position: 108.1% above the Chemicals median (#697 of 1612)
No single metric tells the full story. See the XKLS:0100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bags and balloons. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segments include Investing, Glove equipment, and Construction, of which the Construction segment derives the maximum revenue. The Construction segment is engaged in the manufacturing and supply of chemical products and construction materials, including readymix concrete.
61GF Score
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