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.
CE Technology BhdXKLS:03024 76 Return-on-Tangible-Asset is 4.94% as of Jan. 2026, which is 38% below its 10-year median of 7.94. GuruFocus rates XKLS:03024 with a GF Score™ of 76/100 and a GF Value™ of RM1.65. The stock has 2 warning signs investors should review. Among 1,612 Chemicals companies, CE Technology Bhd ranks better than 64.33% 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. CE Technology Bhd's annualizedNet Income for the quarter that ended in Jan. 2026 was RM9.5 Mil. CE Technology Bhd's average total tangible assets for the quarter that ended in Jan. 2026 was RM192.2 Mil. Therefore, CE Technology Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 4.94%.
The historical rank and industry rank for CE Technology Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03024'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.37 Med: 7.94 Max: 35.94
Current: 4.95
During the past 10 years, CE Technology Bhd's highest Return-on-Tangible-Asset was 35.94%. The lowest was -1.37%. And the median was 7.94%.
XKLS:03024's Return-on-Tangible-Asset is ranked better than 64.33% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs XKLS:03024: 4.95
CE Technology Bhd (XKLS:03024) 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.
CE Technology Bhd Return-on-Tangible-Asset Related Terms
CE Technology Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CE Technology 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:03024 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, CE Technology 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.
CE Technology Bhd Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CE Technology Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CE Technology 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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.94% mean?
CE Technology Bhd (XKLS:03024) has a Return-on-Tangible-Asset of 4.94% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CE Technology Bhd and its competitors. This is 38% below median its historical median of 7.94. According to the industry distribution chart, CE Technology Bhd ranks #575 out of 1612 companies in the Chemicals industry, placing it in the top 35.7%.
Is CE Technology Bhd's Return-on-Tangible-Asset too high?
CE Technology Bhd's current Return-on-Tangible-Asset of 4.94% is 38% below median its 10-year median of 7.94. The Chemicals industry median Return-on-Tangible-Asset is 3.08. CE Technology Bhd's value of 4.94% is 60.7% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #575 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #575 out of 1612 companies for Return-on-Tangible-Asset. This puts CE Technology Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. CE Technology Bhd's value of 4.94% is 60.7% above this benchmark. While the company's 10-year median is 7.94 vs. the industry median of 3.08, CE Technology 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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. CE Technology Bhd's current Return-on-Tangible-Asset of 4.94% is 60.7% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current Return-on-Tangible-Asset is 4.94%, which is 38% below median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
CE Technology Bhd (XKLS:03024) has a current Return-on-Tangible-Asset of 4.94%. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current Return-on-Tangible-Asset is 4.94%, which is 38% below median its 10-year median of 7.94 and 60.7% above the Chemicals industry median of 3.08. CE Technology Bhd's overall GF Score™ is 76/100 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 CE Technology Bhd (XKLS:03024), the current Return-on-Tangible-Asset is 4.94% as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?
Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued.
The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.
Key valuation signals for XKLS:03024:
Return-on-Tangible-Asset: 4.94% (38% below median its 10-year median of 7.94)
GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
Industry Position: 60.7% above the Chemicals median (#575 of 1612)
No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
76GF Score
Get the complete analysis for XKLS:03024
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:03024 has been successfully added to your 
