Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Topmix BhdXKLS:0302 -2.50%49 Return-on-Tangible-Asset is 11.33% as of Mar. 2026, which is 12% below its 10-year median of 12.88. GuruFocus rates XKLS:0302 with a GF Score™ of 49/100. The stock has 2 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 95.39% 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. Topmix Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM13.7 Mil. Topmix Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM120.6 Mil. Therefore, Topmix Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.33%.
The historical rank and industry rank for Topmix Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0302'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.6 Med: 12.88 Max: 15.74
Current: 15.74
During the past 6 years, Topmix Bhd's highest Return-on-Tangible-Asset was 15.74%. The lowest was 6.60%. And the median was 12.88%.
XKLS:0302's Return-on-Tangible-Asset is ranked better than 95.39% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.365
vs XKLS:0302: 15.74
Topmix Bhd (XKLS:0302) 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.
Topmix Bhd Return-on-Tangible-Asset Related Terms
Topmix Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Topmix 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:0302 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.
Topmix Bhd Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Topmix 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 11.33% mean?
Topmix Bhd (XKLS:0302) has a Return-on-Tangible-Asset of 11.33% 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 Topmix Bhd and its competitors. This is 12% below median its historical median of 12.88. Over the past decade, Topmix Bhd's Return-on-Tangible-Asset has ranged from 6.60 to 15.74. According to the industry distribution chart, Topmix Bhd ranks #20 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 4.6%.
Is Topmix Bhd's Return-on-Tangible-Asset too high?
Topmix Bhd's current Return-on-Tangible-Asset of 11.33% is 12% below median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 6.60 to a high of 15.74. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.37. Topmix Bhd's value of 11.33% is 379.1% above this industry median. Based on the distribution chart, Topmix Bhd ranks #20 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Topmix Bhd has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #20 out of 434 companies for Return-on-Tangible-Asset. This places Topmix Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.37. Topmix Bhd's value of 11.33% is 379.1% above this benchmark. Historically, Topmix Bhd's own Return-on-Tangible-Asset has ranged from 6.60 to 15.74 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 2.37, Topmix 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.37, based on 434 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. Topmix Bhd's current Return-on-Tangible-Asset of 11.33% is 379.1% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Return-on-Tangible-Asset is 11.33%, which is 12% below median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Return-on-Tangible-Asset of 11.33%. The current Return-on-Tangible-Asset is 11.33%, which is 12% below median its 10-year median of 12.88 and 379.1% above the Furnishings, Fixtures & Appliances industry median of 2.37. Topmix Bhd's overall GF Score™ is 49/100 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 Topmix Bhd (XKLS:0302), the current Return-on-Tangible-Asset is 11.33% 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.
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
49GF Score
Get the complete analysis for XKLS:0302
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0302 has been successfully added to your 
