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Smile-Link Healthcare Global BhdXKLS:03023 Return-on-Tangible-Asset is 0.45% as of Dec. 2025, which is 83% below its 10-year median of 2.72. The stock has 6 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Smile-Link Healthcare Global Bhd ranks worse than 67.21% on this metric.
The historical rank and industry rank for Smile-Link Healthcare Global Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03023'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5 Med: 2.72 Max: 21.37
Current: -1.79
During the past 9 years, Smile-Link Healthcare Global Bhd's highest Return-on-Tangible-Asset was 21.37%. The lowest was -5.00%. And the median was 2.72%.
XKLS:03023's Return-on-Tangible-Asset is ranked worse than 67.21% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 2.505
vs XKLS:03023: -1.79
Smile-Link Healthcare Global Bhd (XKLS:03023) 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.
Smile-Link Healthcare Global Bhd Return-on-Tangible-Asset Related Terms
Smile-Link Healthcare Global Bhd Return-on-Tangible-Asset Historical Data
* 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.
Smile-Link Healthcare Global Bhd Return-on-Tangible-Asset Chart
XKLS:03023 vs HCA, THC, DVA: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Smile-Link Healthcare Global 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.
Smile-Link Healthcare Global Bhd Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Smile-Link Healthcare Global Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Smile-Link Healthcare Global 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.45% mean?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a Return-on-Tangible-Asset of 0.45% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Smile-Link Healthcare Global Bhd and its competitors. This is 83% below median its historical median of 2.72. According to the industry distribution chart, Smile-Link Healthcare Global Bhd ranks #457 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 67.2%.
Is Smile-Link Healthcare Global Bhd's Return-on-Tangible-Asset too high?
Smile-Link Healthcare Global Bhd's current Return-on-Tangible-Asset of 0.45% is 83% below median its 10-year median of 2.72. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.51. Smile-Link Healthcare Global Bhd's value of 0.45% is 82% below this industry median. Based on the distribution chart, Smile-Link Healthcare Global Bhd ranks #457 out of 680 companies in the Healthcare Providers & Services industry, which is below the industry midpoint.
How does Smile-Link Healthcare Global Bhd's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Smile-Link Healthcare Global Bhd ranks #457 out of 680 companies for Return-on-Tangible-Asset. This places Smile-Link Healthcare Global Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.51. Smile-Link Healthcare Global Bhd's value of 0.45% is 82% below this benchmark. While the company's 10-year median is 2.72 vs. the industry median of 2.51, Smile-Link Healthcare Global 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.51, based on 680 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. Smile-Link Healthcare Global Bhd's current Return-on-Tangible-Asset of 0.45% is 82% 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 Smile-Link Healthcare Global Bhd and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smile-Link Healthcare Global Bhd's current Return-on-Tangible-Asset is 0.45%, which is 83% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smile-Link Healthcare Global Bhd stock overvalued right now?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a current Return-on-Tangible-Asset of 0.45%. The stock's GF Value™ is RM0.10, compared to a current price of RM0.10 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is 0.45%, which is 83% below median its 10-year median of 2.72 and 82% below the Healthcare Providers & Services industry median of 2.51. 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 Smile-Link Healthcare Global Bhd (XKLS:03023), the current Return-on-Tangible-Asset is 0.45% as of Dec. 2025. 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.
Smile-Link Healthcare Global Bhd Business Description
Smile-Link Healthcare Global Bhd through its subsidiaries, is engaged in providing dental healthcare services in Malaysia. Its reportable operating segments are; Provision of dental services which derives maximum revenue, Trading and distribution of dental and pharmaceutical products, Others, comprising dental labs and manufacturing of dental instruments, and Investment holding.
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