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Volcano BhdXKLS:0232 55 Return-on-Tangible-Asset is -0.51% as of Mar. 2026. GuruFocus rates XKLS:0232 with a GF Score™ of 55/100 and a GF Value™ of RM0.77 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 3,073 Industrial Products companies, Volcano Bhd ranks worse than 75.89% 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. Volcano Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-0.76 Mil. Volcano Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM149.63 Mil. Therefore, Volcano Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.51%.
The historical rank and industry rank for Volcano Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0232'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.96 Med: 6.74 Max: 12.5
Current: -0.96
During the past 7 years, Volcano Bhd's highest Return-on-Tangible-Asset was 12.50%. The lowest was -0.96%. And the median was 6.74%.
XKLS:0232's Return-on-Tangible-Asset is ranked worse than 75.89% of 3073
companies
in the Industrial Products industry
Industry Median: 3.24
vs XKLS:0232: -0.96
Volcano Bhd (XKLS:0232) 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.
Volcano Bhd Return-on-Tangible-Asset Related Terms
Volcano Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Volcano 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:0232 vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Volcano 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.
Volcano Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Volcano Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Volcano 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 -0.51% mean?
Volcano Bhd (XKLS:0232) has a Return-on-Tangible-Asset of -0.51% 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 Volcano Bhd and its competitors. According to the industry distribution chart, Volcano Bhd ranks #2332 out of 3073 companies in the Industrial Products industry, placing it in the top 75.9%.
Is Volcano Bhd's Return-on-Tangible-Asset too high?
Volcano Bhd's current Return-on-Tangible-Asset is -0.51%. Based on the distribution chart, Volcano Bhd ranks #2332 out of 3073 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Volcano Bhd has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Volcano Bhd's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Volcano Bhd ranks #2332 out of 3073 companies for Return-on-Tangible-Asset. This places Volcano Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. 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 3.24, based on 3,073 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. 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 Volcano Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volcano Bhd's current Return-on-Tangible-Asset is -0.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volcano Bhd stock overvalued right now?
Based on GuruFocus' analysis, Volcano Bhd (XKLS:0232) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.77, compared to a current price of RM0.30 — trading 61.7% below its estimated fair value. The current Return-on-Tangible-Asset is -0.51%. Volcano Bhd's overall GF Score™ is 55/100 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 Volcano Bhd (XKLS:0232), the current Return-on-Tangible-Asset is -0.51% 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 Volcano Bhd (XKLS:0232) Overvalued in 2026?
Based on GuruFocus' analysis, Volcano Bhd stock appears to be undervalued.
The current stock price of RM0.30 is trading 61.7% below its estimated GF Value™ of RM0.77.
GuruFocus considers Volcano Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0232:
Return-on-Tangible-Asset: -0.51%
GF Value™: RM0.77 vs. price of RM0.30 (61.7% below fair value)
No single metric tells the full story. See the XKLS:0232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Volcano Bhd is a manufacturer of parts and components. It manufactures metal and non-metal nameplates, plastic injection moulded parts, die-cut parts, electrical and electronics components, and automotive components. The company's reportable segments are Nameplate and Plastic Injection. The majority of its revenue is derived from the Nameplate segment. Its manufacturing facilities are located in Malaysia and Thailand to serve customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace, and label industries. Geographically, the company derives key revenue from Thailand and the rest from Malaysia, Singapore, Indonesia, China, the United States of America, and other countries.
55GF Score
Get the complete analysis for XKLS:0232
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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