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Cekd BhdXKLS:0238 57 Return-on-Tangible-Asset is 9.27% as of Feb. 2026, which is 4% below its 10-year median of 9.67. GuruFocus rates XKLS:0238 with a GF Score™ of 57/100 and a GF Value™ of RM0.54 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 3,079 Industrial Products companies, Cekd Bhd ranks better than 80.74% 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. Cekd Bhd's annualizedNet Income for the quarter that ended in Feb. 2026 was RM8.02 Mil. Cekd Bhd's average total tangible assets for the quarter that ended in Feb. 2026 was RM86.53 Mil. Therefore, Cekd Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 9.27%.
The historical rank and industry rank for Cekd Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0238'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.52 Med: 9.67 Max: 22.51
Current: 8.53
During the past 8 years, Cekd Bhd's highest Return-on-Tangible-Asset was 22.51%. The lowest was 5.52%. And the median was 9.67%.
XKLS:0238's Return-on-Tangible-Asset is ranked better than 80.74% of 3079
companies
in the Industrial Products industry
Industry Median: 3.28
vs XKLS:0238: 8.53
Cekd Bhd (XKLS:0238) 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.
Cekd Bhd Return-on-Tangible-Asset Related Terms
Cekd Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cekd 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:0238 vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Cekd 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.
Cekd Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cekd Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cekd 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 9.27% mean?
Cekd Bhd (XKLS:0238) has a Return-on-Tangible-Asset of 9.27% 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 Cekd Bhd and its competitors. This is near median its historical median of 9.67. Over the past decade, Cekd Bhd's Return-on-Tangible-Asset has ranged from 5.52 to 22.51. According to the industry distribution chart, Cekd Bhd ranks #593 out of 3079 companies in the Industrial Products industry, placing it in the top 19.3%.
Is Cekd Bhd's Return-on-Tangible-Asset too high?
Cekd Bhd's current Return-on-Tangible-Asset of 9.27% is near median its 10-year median of 9.67. Over the past 10 years, this metric has ranged from a low of 5.52 to a high of 22.51. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Cekd Bhd's value of 9.27% is 182.6% above this industry median. Based on the distribution chart, Cekd Bhd ranks #593 out of 3079 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Cekd Bhd has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cekd Bhd's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Cekd Bhd ranks #593 out of 3079 companies for Return-on-Tangible-Asset. This places Cekd Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.28. Cekd Bhd's value of 9.27% is 182.6% above this benchmark. Historically, Cekd Bhd's own Return-on-Tangible-Asset has ranged from 5.52 to 22.51 over the past decade. While the company's 10-year median is 9.67 vs. the industry median of 3.28, Cekd 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 3.28, based on 3,079 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. Cekd Bhd's current Return-on-Tangible-Asset of 9.27% is 182.6% 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 Cekd Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cekd Bhd's current Return-on-Tangible-Asset is 9.27%, which is near median its own 10-year median of 9.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cekd Bhd stock overvalued right now?
Based on GuruFocus' analysis, Cekd Bhd (XKLS:0238) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.54, compared to a current price of RM0.30 — trading 45.4% below its estimated fair value. The current Return-on-Tangible-Asset is 9.27%, which is near median its 10-year median of 9.67 and 182.6% above the Industrial Products industry median of 3.28. Cekd Bhd's overall GF Score™ is 57/100 with 1 warning sign 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 Cekd Bhd (XKLS:0238), the current Return-on-Tangible-Asset is 9.27% 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 Cekd Bhd (XKLS:0238) Overvalued in 2026?
Based on GuruFocus' analysis, Cekd Bhd stock appears to be undervalued.
The current stock price of RM0.30 is trading 45.4% below its estimated GF Value™ of RM0.54.
GuruFocus considers Cekd Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0238:
Return-on-Tangible-Asset: 9.27% (near median its 10-year median of 9.67)
GF Value™: RM0.54 vs. price of RM0.30 (45.4% below fair value)
Industry Position: 182.6% above the Industrial Products median (#593 of 3079)
No single metric tells the full story. See the XKLS:0238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cekd Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing of die cutting moulds and trading of related consumables, tools and accessories. The company has three reportable segments:(i) Manufacturing: Manufacturing of die cutting moulds, (ii) Trading: Trading of related consumables, tools and accessories, and (iii) Investment holding: Holding of investments in shares of subsidiaries. The majority of revenue is generated from the Manufacturing segment. Geographically, it derives maximum revenue from Malaysia.
57GF Score
Get the complete analysis for XKLS:0238
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