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.
TP Tec Holding BhdXKLS:03061 10 Return-on-Tangible-Asset is 11.58% as of Dec. 2025, which is 64% above its 10-year median of 7.04. GuruFocus rates XKLS:03061 with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 3,076 Industrial Products companies, TP Tec Holding Bhd ranks better than 89.04% 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. TP Tec Holding Bhd's annualizedNet Income for the quarter that ended in Dec. 2025 was RM7.39 Mil. TP Tec Holding Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM63.81 Mil. Therefore, TP Tec Holding Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.58%.
The historical rank and industry rank for TP Tec Holding Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03061'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.5 Med: 7.04 Max: 11.43
Current: 11.43
During the past 4 years, TP Tec Holding Bhd's highest Return-on-Tangible-Asset was 11.43%. The lowest was 2.50%. And the median was 7.04%.
XKLS:03061's Return-on-Tangible-Asset is ranked better than 89.04% of 3076
companies
in the Industrial Products industry
Industry Median: 3.26
vs XKLS:03061: 11.43
TP Tec Holding Bhd (XKLS:03061) 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.
TP Tec Holding Bhd Return-on-Tangible-Asset Related Terms
TP Tec Holding Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TP Tec Holding 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.
TP Tec Holding Bhd Return-on-Tangible-Asset Chart
TP Tec Holding Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
2.50
4.94
9.14
11.25
TP Tec Holding Bhd Semi-Annual Data
Dec22
Dec23
Dec24
Jun25
Dec25
Return-on-Tangible-Asset
0.00
0.00
10.45
11.44
11.58
XKLS:03061 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, TP Tec Holding 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.
TP Tec Holding Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TP Tec Holding Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TP Tec Holding 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 11.58% mean?
TP Tec Holding Bhd (XKLS:03061) has a Return-on-Tangible-Asset of 11.58% 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 TP Tec Holding Bhd and its competitors. This is 64% above median its historical median of 7.04. Over the past decade, TP Tec Holding Bhd's Return-on-Tangible-Asset has ranged from 2.50 to 11.43. According to the industry distribution chart, TP Tec Holding Bhd ranks #337 out of 3076 companies in the Industrial Products industry, placing it in the top 11%.
Is TP Tec Holding Bhd's Return-on-Tangible-Asset too high?
TP Tec Holding Bhd's current Return-on-Tangible-Asset of 11.58% is 64% above median its 10-year median of 7.04. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 11.43. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. TP Tec Holding Bhd's value of 11.58% is 255.2% above this industry median. Based on the distribution chart, TP Tec Holding Bhd ranks #337 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, TP Tec Holding Bhd has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TP Tec Holding Bhd's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TP Tec Holding Bhd ranks #337 out of 3076 companies for Return-on-Tangible-Asset. This places TP Tec Holding Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. TP Tec Holding Bhd's value of 11.58% is 255.2% above this benchmark. Historically, TP Tec Holding Bhd's own Return-on-Tangible-Asset has ranged from 2.50 to 11.43 over the past decade. While the company's 10-year median is 7.04 vs. the industry median of 3.26, TP Tec Holding 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 3.26, based on 3,076 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. TP Tec Holding Bhd's current Return-on-Tangible-Asset of 11.58% is 255.2% 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 TP Tec Holding Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TP Tec Holding Bhd's current Return-on-Tangible-Asset is 11.58%, which is 64% above median its own 10-year median of 7.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TP Tec Holding Bhd stock overvalued right now?
TP Tec Holding Bhd (XKLS:03061) has a current Return-on-Tangible-Asset of 11.58%. The current Return-on-Tangible-Asset is 11.58%, which is 64% above median its 10-year median of 7.04 and 255.2% above the Industrial Products industry median of 3.26. TP Tec Holding Bhd's overall GF Score™ is 10/100 with 3 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 TP Tec Holding Bhd (XKLS:03061), the current Return-on-Tangible-Asset is 11.58% 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.
TP Tec Holding Bhd is mainly involved in investment holding and the provision of management services to its subsidiaries. Its subsidiaries are involved in the sale, hire and maintenance of power generators and construction machinery, the installation of solar hybrid power systems, and related work mainly for the telecommunications industry. It also distributes filters, under the Donaldson brand, to the transportation, construction, marine, mining, energy and agriculture industries.
10GF Score
Get the complete analysis for XKLS:03061
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:03061 has been successfully added to your 
