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Optimax Holdings BhdXKLS:0222 +0.96%68 Return-on-Tangible-Asset is 7.67% as of Mar. 2026, which is 29% below its 10-year median of 10.83. GuruFocus rates XKLS:0222 with a GF Score™ of 68/100 and a GF Value™ of RM0.76 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Optimax Holdings Bhd ranks better than 76.91% 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. Optimax Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM11.2 Mil. Optimax Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM146.6 Mil. Therefore, Optimax Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.67%.
The historical rank and industry rank for Optimax Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0222'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.62 Med: 10.83 Max: 20.33
Current: 8.97
During the past 10 years, Optimax Holdings Bhd's highest Return-on-Tangible-Asset was 20.33%. The lowest was 7.62%. And the median was 10.83%.
XKLS:0222's Return-on-Tangible-Asset is ranked better than 76.91% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 2.465
vs XKLS:0222: 8.97
Optimax Holdings Bhd (XKLS:0222) 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.
Optimax Holdings Bhd Return-on-Tangible-Asset Related Terms
Optimax Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Optimax Holdings 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.
Optimax Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:0222 vs HCA, THC, DVA: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Optimax Holdings 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.
Optimax Holdings Bhd Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Optimax Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Optimax Holdings 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 7.67% mean?
Optimax Holdings Bhd (XKLS:0222) has a Return-on-Tangible-Asset of 7.67% 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 Optimax Holdings Bhd and its competitors. This is 29% below median its historical median of 10.83. Over the past decade, Optimax Holdings Bhd's Return-on-Tangible-Asset has ranged from 7.62 to 20.33. According to the industry distribution chart, Optimax Holdings Bhd ranks #157 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 23.1%.
Is Optimax Holdings Bhd's Return-on-Tangible-Asset too high?
Optimax Holdings Bhd's current Return-on-Tangible-Asset of 7.67% is 29% below median its 10-year median of 10.83. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 20.33. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.47. Optimax Holdings Bhd's value of 7.67% is 211.2% above this industry median. Based on the distribution chart, Optimax Holdings Bhd ranks #157 out of 680 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Optimax Holdings Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Optimax Holdings Bhd's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Optimax Holdings Bhd ranks #157 out of 680 companies for Return-on-Tangible-Asset. This places Optimax Holdings Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. Optimax Holdings Bhd's value of 7.67% is 211.2% above this benchmark. Historically, Optimax Holdings Bhd's own Return-on-Tangible-Asset has ranged from 7.62 to 20.33 over the past decade. While the company's 10-year median is 10.83 vs. the industry median of 2.47, Optimax Holdings 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.47, based on 680 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. Optimax Holdings Bhd's current Return-on-Tangible-Asset of 7.67% is 211.2% 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 Optimax Holdings Bhd and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optimax Holdings Bhd's current Return-on-Tangible-Asset is 7.67%, which is 29% below median its own 10-year median of 10.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimax Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Optimax Holdings Bhd (XKLS:0222) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.76, compared to a current price of RM0.53 — trading 30.9% below its estimated fair value. The current Return-on-Tangible-Asset is 7.67%, which is 29% below median its 10-year median of 10.83 and 211.2% above the Healthcare Providers & Services industry median of 2.47. Optimax Holdings Bhd's overall GF Score™ is 68/100 with 2 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 Optimax Holdings Bhd (XKLS:0222), the current Return-on-Tangible-Asset is 7.67% 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 Optimax Holdings Bhd (XKLS:0222) Overvalued in 2026?
Based on GuruFocus' analysis, Optimax Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.53 is trading 30.9% below its estimated GF Value™ of RM0.76.
GuruFocus considers Optimax Holdings Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0222:
Return-on-Tangible-Asset: 7.67% (29% below median its 10-year median of 10.83)
GF Value™: RM0.76 vs. price of RM0.53 (30.9% below fair value)
Industry Position: 211.2% above the Healthcare Providers & Services median (#157 of 680)
No single metric tells the full story. See the XKLS:0222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Optimax Holdings Bhd is a provider of eye specialist services. The company offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, satellite clinics, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic surgery, plastic Surgery and aesthetic Services and related services. The company operates in geographical segments such as: North Malaysia, Central Malaysia, South Malaysia, East Malaysia and Cambodia.
68GF Score
Get the complete analysis for XKLS:0222
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