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Amlex Holdings BhdXKLS:03011 48 Return-on-Tangible-Asset is 3.31% as of Mar. 2026, which is 6% below its 10-year median of 3.54. GuruFocus rates XKLS:03011 with a GF Score™ of 48/100 and a GF Value™ of RM0.34 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,501 Hardware companies, Amlex Holdings Bhd ranks better than 55.5% 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. Amlex Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM2.46 Mil. Amlex Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM74.17 Mil. Therefore, Amlex Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.31%.
The historical rank and industry rank for Amlex Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03011'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.26 Med: 3.54 Max: 17.73
Current: 3.14
During the past 10 years, Amlex Holdings Bhd's highest Return-on-Tangible-Asset was 17.73%. The lowest was -4.26%. And the median was 3.54%.
XKLS:03011's Return-on-Tangible-Asset is ranked better than 55.5% of 2501
companies
in the Hardware industry
Industry Median: 2.45
vs XKLS:03011: 3.14
Amlex Holdings Bhd (XKLS:03011) 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.
Amlex Holdings Bhd Return-on-Tangible-Asset Related Terms
Amlex Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Amlex 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.
XKLS:03011 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Amlex 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.
Amlex Holdings Bhd Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Amlex Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Amlex 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.31% mean?
Amlex Holdings Bhd (XKLS:03011) has a Return-on-Tangible-Asset of 3.31% 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 Amlex Holdings Bhd and its competitors. This is near median its historical median of 3.54. According to the industry distribution chart, Amlex Holdings Bhd ranks #1113 out of 2501 companies in the Hardware industry, placing it in the top 44.5%.
Is Amlex Holdings Bhd's Return-on-Tangible-Asset too high?
Amlex Holdings Bhd's current Return-on-Tangible-Asset of 3.31% is near median its 10-year median of 3.54. The Hardware industry median Return-on-Tangible-Asset is 2.45. Amlex Holdings Bhd's value of 3.31% is 35.1% above this industry median. Based on the distribution chart, Amlex Holdings Bhd ranks #1113 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Amlex Holdings Bhd has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amlex Holdings Bhd's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Amlex Holdings Bhd ranks #1113 out of 2501 companies for Return-on-Tangible-Asset. This puts Amlex Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.45. Amlex Holdings Bhd's value of 3.31% is 35.1% above this benchmark. While the company's 10-year median is 3.54 vs. the industry median of 2.45, Amlex 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,501 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. Amlex Holdings Bhd's current Return-on-Tangible-Asset of 3.31% is 35.1% 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 Amlex Holdings Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amlex Holdings Bhd's current Return-on-Tangible-Asset is 3.31%, which is near median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amlex Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Amlex Holdings Bhd (XKLS:03011) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.34, compared to a current price of RM0.15 — trading 55.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.31%, which is near median its 10-year median of 3.54 and 35.1% above the Hardware industry median of 2.45. Amlex Holdings Bhd's overall GF Score™ is 48/100 with 5 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 Amlex Holdings Bhd (XKLS:03011), the current Return-on-Tangible-Asset is 3.31% 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 Amlex Holdings Bhd (XKLS:03011) Overvalued in 2026?
Based on GuruFocus' analysis, Amlex Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.15 is trading 55.9% below its estimated GF Value™ of RM0.34.
GuruFocus considers Amlex Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:03011:
Return-on-Tangible-Asset: 3.31% (near median its 10-year median of 3.54)
GF Value™: RM0.34 vs. price of RM0.15 (55.9% below fair value)
Industry Position: 35.1% above the Hardware median (#1113 of 2501)
No single metric tells the full story. See the XKLS:03011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amlex Holdings Bhd is a Malaysia based provider of electronic packaging and interconnects solutions. The company is mainly engaged in the development and manufacturing of precision and complex mechanical and electro-mechanical components and assemblies. It caters to the semiconductor, consumer electronics, automotive, lighting, industrial electronics, and medical industries.
48GF Score
Get the complete analysis for XKLS:03011
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