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Myaxis Group BhdXKLS:03064 9 Return-on-Tangible-Asset is 11.58% as of Jan. 2026, which is 11% below its 10-year median of 13.05. GuruFocus rates XKLS:03064 with a GF Score™ of 9/100. Among 311 Retail - Defensive companies, Myaxis Group Bhd ranks better than 90.68% 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. Myaxis Group Bhd's annualizedNet Income for the quarter that ended in Jan. 2026 was RM4.5 Mil. Myaxis Group Bhd's average total tangible assets for the quarter that ended in Jan. 2026 was RM39.1 Mil. Therefore, Myaxis Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 11.58%.
The historical rank and industry rank for Myaxis Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03064'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.46 Med: 13.05 Max: 14.21
Current: 11.57
During the past 3 years, Myaxis Group Bhd's highest Return-on-Tangible-Asset was 14.21%. The lowest was 10.46%. And the median was 13.05%.
XKLS:03064's Return-on-Tangible-Asset is ranked better than 90.68% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.91
vs XKLS:03064: 11.57
Myaxis Group Bhd (XKLS:03064) 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.
Myaxis Group Bhd Return-on-Tangible-Asset Related Terms
Myaxis Group Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Myaxis Group 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:03064 vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, Myaxis Group 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.
Myaxis Group Bhd Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Myaxis Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Myaxis Group 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 11.58% mean?
Myaxis Group Bhd (XKLS:03064) has a Return-on-Tangible-Asset of 11.58% 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 Myaxis Group Bhd and its competitors. This is 11% below median its historical median of 13.05. Over the past decade, Myaxis Group Bhd's Return-on-Tangible-Asset has ranged from 10.46 to 14.21. According to the industry distribution chart, Myaxis Group Bhd ranks #29 out of 311 companies in the Retail - Defensive industry, placing it in the top 9.3%.
Is Myaxis Group Bhd's Return-on-Tangible-Asset too high?
Myaxis Group Bhd's current Return-on-Tangible-Asset of 11.58% is 11% below median its 10-year median of 13.05. Over the past 10 years, this metric has ranged from a low of 10.46 to a high of 14.21. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.91. Myaxis Group Bhd's value of 11.58% is 196.2% above this industry median. Based on the distribution chart, Myaxis Group Bhd ranks #29 out of 311 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Myaxis Group Bhd has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Myaxis Group Bhd's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Myaxis Group Bhd ranks #29 out of 311 companies for Return-on-Tangible-Asset. This places Myaxis Group Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.91. Myaxis Group Bhd's value of 11.58% is 196.2% above this benchmark. Historically, Myaxis Group Bhd's own Return-on-Tangible-Asset has ranged from 10.46 to 14.21 over the past decade. While the company's 10-year median is 13.05 vs. the industry median of 3.91, Myaxis Group 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.91, based on 311 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. Myaxis Group Bhd's current Return-on-Tangible-Asset of 11.58% is 196.2% 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 Myaxis Group Bhd and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myaxis Group Bhd's current Return-on-Tangible-Asset is 11.58%, which is 11% below median its own 10-year median of 13.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myaxis Group Bhd stock overvalued right now?
Myaxis Group Bhd (XKLS:03064) has a current Return-on-Tangible-Asset of 11.58%. The current Return-on-Tangible-Asset is 11.58%, which is 11% below median its 10-year median of 13.05 and 196.2% above the Retail - Defensive industry median of 3.91. Myaxis Group Bhd's overall GF Score™ is 9/100. 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 Myaxis Group Bhd (XKLS:03064), the current Return-on-Tangible-Asset is 11.58% 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.
Myaxis Group Bhd is involved in the sourcing and distribution of frozen meat products. It also sources and distributes other types of meat, including frozen red meat products (namely beef, buffalo, lamb and mutton products). Its processed meat products are processed at its processing facility in Alor Setar, Kedah. The company also source and distribute other frozen food products such as frozen seafood, as and when requested by its customers.
9GF Score
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