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Mikro MSC BhdXKLS:0112 47 Return-on-Tangible-Asset is 5.99% as of Mar. 2026, which is 25% below its 10-year median of 7.94. GuruFocus rates XKLS:0112 with a GF Score™ of 47/100 and a GF Value™ of RM0.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,078 Industrial Products companies, Mikro MSC Bhd ranks better than 89.41% 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. Mikro MSC Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM15.91 Mil. Mikro MSC Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM265.69 Mil. Therefore, Mikro MSC Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.99%.
The historical rank and industry rank for Mikro MSC Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0112'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.72 Med: 7.94 Max: 26.63
Current: 11.66
During the past 13 years, Mikro MSC Bhd's highest Return-on-Tangible-Asset was 26.63%. The lowest was 3.72%. And the median was 7.94%.
XKLS:0112's Return-on-Tangible-Asset is ranked better than 89.41% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs XKLS:0112: 11.66
Mikro MSC Bhd (XKLS:0112) 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.
Mikro MSC Bhd Return-on-Tangible-Asset Related Terms
Mikro MSC Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mikro MSC 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:0112 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Mikro MSC 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.
Mikro MSC Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mikro MSC 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 5.99% mean?
Mikro MSC Bhd (XKLS:0112) has a Return-on-Tangible-Asset of 5.99% 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 Mikro MSC Bhd and its competitors. This is 25% below median its historical median of 7.94. Over the past decade, Mikro MSC Bhd's Return-on-Tangible-Asset has ranged from 3.72 to 26.63. According to the industry distribution chart, Mikro MSC Bhd ranks #326 out of 3078 companies in the Industrial Products industry, placing it in the top 10.6%.
Is Mikro MSC Bhd's Return-on-Tangible-Asset too high?
Mikro MSC Bhd's current Return-on-Tangible-Asset of 5.99% is 25% below median its 10-year median of 7.94. Over the past 10 years, this metric has ranged from a low of 3.72 to a high of 26.63. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Mikro MSC Bhd's value of 5.99% is 83.7% above this industry median. Based on the distribution chart, Mikro MSC Bhd ranks #326 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mikro MSC Bhd has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mikro MSC Bhd's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mikro MSC Bhd ranks #326 out of 3078 companies for Return-on-Tangible-Asset. This places Mikro MSC Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Mikro MSC Bhd's value of 5.99% is 83.7% above this benchmark. Historically, Mikro MSC Bhd's own Return-on-Tangible-Asset has ranged from 3.72 to 26.63 over the past decade. While the company's 10-year median is 7.94 vs. the industry median of 3.26, Mikro MSC 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. Mikro MSC Bhd's current Return-on-Tangible-Asset of 5.99% is 83.7% 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 Mikro MSC Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikro MSC Bhd's current Return-on-Tangible-Asset is 5.99%, which is 25% below median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikro MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mikro MSC Bhd (XKLS:0112) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.54 — trading 143.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.99%, which is 25% below median its 10-year median of 7.94 and 83.7% above the Industrial Products industry median of 3.26. Mikro MSC Bhd's overall GF Score™ is 47/100 with 9 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 Mikro MSC Bhd (XKLS:0112), the current Return-on-Tangible-Asset is 5.99% 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 Mikro MSC Bhd (XKLS:0112) Overvalued in 2026?
Based on GuruFocus' analysis, Mikro MSC Bhd stock appears to be overvalued.
The current stock price of RM0.54 is trading 143.2% above its estimated GF Value™ of RM0.22.
GuruFocus considers Mikro MSC Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0112:
Return-on-Tangible-Asset: 5.99% (25% below median its 10-year median of 7.94)
GF Value™: RM0.22 vs. price of RM0.54 (143.2% above fair value)
Industry Position: 83.7% above the Industrial Products median (#326 of 3078)
No single metric tells the full story. See the XKLS:0112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mikro MSC Bhd is engaged in the research, development, design, and manufacturing of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services and manufacturing and trading of biomass fuel products. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia Segment which is engaged in R&D, and manufacturing of electronic and biomass fuel products.
47GF Score
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