HPP Holdings Bhd (XKLS:0228) Return-on-Tangible-Asset: 1.23% (As of Feb. 2026) — 82% Below Median

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XKLS:0228 HPP Holdings Bhd XKLS:0228
40 GF Score
Price RM0.27
GF Value RM0.42
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is HPP Holdings Bhd Return-on-Tangible-Asset?

HPP Holdings Bhd XKLS:0228 -5.26% 40 Return-on-Tangible-Asset is 1.23% as of Feb. 2026, which is 82% below its 10-year median of 6.67. GuruFocus rates XKLS:0228 with a GF Score™ of 40/100 and a GF Value™ of RM0.42 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 402 Packaging & Containers companies, HPP Holdings Bhd ranks better than 53.48% 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. HPP Holdings Bhd's annualized Net Income for the quarter that ended in Feb. 2026 was RM1.95 Mil. HPP Holdings Bhd's average total tangible assets for the quarter that ended in Feb. 2026 was RM158.67 Mil. Therefore, HPP Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 1.23%.

The historical rank and industry rank for HPP Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:0228' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.39   Med: 6.67   Max: 18.74
Current: 3.36

During the past 8 years, HPP Holdings Bhd's highest Return-on-Tangible-Asset was 18.74%. The lowest was 1.39%. And the median was 6.67%.

XKLS:0228's Return-on-Tangible-Asset is ranked better than
53.48% of 402 companies
in the Packaging & Containers industry
Industry Median: 2.92 vs XKLS:0228: 3.36

HPP Holdings Bhd  (XKLS:0228) 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 company’s 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 company’s 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.


HPP Holdings Bhd Return-on-Tangible-Asset Related Terms


HPP Holdings Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for HPP 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.

HPP Holdings Bhd Return-on-Tangible-Asset Chart

HPP Holdings Bhd Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 11.57 5.61 6.30 2.65 1.39

HPP Holdings Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 3.51 4.27 4.45 1.23

XKLS:0228 vs SW, PKG, IP: Return-on-Tangible-Asset Comparison

For the Packaging & Containers subindustry, HPP 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.


HPP Holdings Bhd Return-on-Tangible-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, HPP Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where HPP Holdings Bhd's Return-on-Tangible-Asset falls into.


XKLS:0228
40GF Score
HPP Holdings Bhd XKLS:0228
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HPP Holdings Bhd Return-on-Tangible-Asset Calculation

HPP Holdings Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2025 )  (A: May. 2024 )(A: May. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2025 )  (A: May. 2024 )(A: May. 2025 )
=2.199/( (158.825+158.654)/ 2 )
=2.199/158.7395
=1.39 %

HPP Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=1.948/( (156.668+160.665)/ 2 )
=1.948/158.6665
=1.23 %

* 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 1.23% mean?
HPP Holdings Bhd (XKLS:0228) has a Return-on-Tangible-Asset of 1.23% 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 HPP Holdings Bhd and its competitors. This is 82% below median its historical median of 6.67. Over the past decade, HPP Holdings Bhd's Return-on-Tangible-Asset has ranged from 1.39 to 18.74. According to the industry distribution chart, HPP Holdings Bhd ranks #187 out of 402 companies in the Packaging & Containers industry, placing it in the top 46.5%.
Is HPP Holdings Bhd's Return-on-Tangible-Asset too high?
HPP Holdings Bhd's current Return-on-Tangible-Asset of 1.23% is 82% below median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 18.74. The Packaging & Containers industry median Return-on-Tangible-Asset is 2.92. HPP Holdings Bhd's value of 1.23% is 57.9% below this industry median. Based on the distribution chart, HPP Holdings Bhd ranks #187 out of 402 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, HPP Holdings Bhd has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HPP Holdings Bhd's Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, HPP Holdings Bhd ranks #187 out of 402 companies for Return-on-Tangible-Asset. This puts HPP Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.92. HPP Holdings Bhd's value of 1.23% is 57.9% below this benchmark. Historically, HPP Holdings Bhd's own Return-on-Tangible-Asset has ranged from 1.39 to 18.74 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 2.92, HPP Holdings 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.92, based on 402 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. HPP Holdings Bhd's current Return-on-Tangible-Asset of 1.23% is 57.9% 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 HPP Holdings Bhd and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HPP Holdings Bhd's current Return-on-Tangible-Asset is 1.23%, which is 82% below median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HPP Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, HPP Holdings Bhd (XKLS:0228) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.42, compared to a current price of RM0.27 — trading 35.7% below its estimated fair value. The current Return-on-Tangible-Asset is 1.23%, which is 82% below median its 10-year median of 6.67 and 57.9% below the Packaging & Containers industry median of 2.92. HPP Holdings Bhd's overall GF Score™ is 40/100 with 3 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 HPP Holdings Bhd (XKLS:0228), the current Return-on-Tangible-Asset is 1.23% 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 HPP Holdings Bhd (XKLS:0228) Overvalued in 2026?

Based on GuruFocus' analysis, HPP Holdings Bhd stock appears to be undervalued. The current stock price of RM0.27 is trading 35.7% below its estimated GF Value™ of RM0.42. GuruFocus considers HPP Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0228:

  • Return-on-Tangible-Asset: 1.23% (82% below median its 10-year median of 6.67)
  • GF Value™: RM0.42 vs. price of RM0.27 (35.7% below fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 57.9% below the Packaging & Containers median (#187 of 402)

No single metric tells the full story. See the XKLS:0228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HPP Holdings Bhd Business Description

Address No. 37, Jalan TTC 29, Taman Teknologi Cheng, Melaka, MLA, MYS, 75250
HPP Holdings Bhd is an investment holding company principally engaged in printing, production, sales, and marketing of paper-based packaging. Its product range includes corrugated and non-corrugated packaging, paper pulp molded packaging, rigid boxes, as well as brochures, leaflets, labels, and paper bags. The company operates in multiple countries, including Malaysia, Thailand, the United States, Singapore, and Taiwan. It serves markets such as consumer electronics, pharmaceuticals, food and beverage, and household products. HPP generates revenue prominently through the sale and provision of packaging solutions.
40GF Score

Get the complete analysis for XKLS:0228

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.27
Price
RM0.42
GF Value