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Steel Hawk BhdXKLS:0320 -2.44%64 Return-on-Tangible-Asset is 5.19% as of Mar. 2026, which is 67% below its 10-year median of 15.82. GuruFocus rates XKLS:0320 with a GF Score™ of 64/100 and a GF Value™ of RM0.22 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,028 Oil & Gas companies, Steel Hawk Bhd ranks better than 70.33% 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. Steel Hawk Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM8.08 Mil. Steel Hawk Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM155.78 Mil. Therefore, Steel Hawk Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.19%.
The historical rank and industry rank for Steel Hawk Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0320'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.39 Med: 15.82 Max: 28.71
Current: 5.61
During the past 7 years, Steel Hawk Bhd's highest Return-on-Tangible-Asset was 28.71%. The lowest was 4.39%. And the median was 15.82%.
XKLS:0320's Return-on-Tangible-Asset is ranked better than 70.33% of 1028
companies
in the Oil & Gas industry
Industry Median: 2.055
vs XKLS:0320: 5.61
Steel Hawk Bhd (XKLS:0320) 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.
Steel Hawk Bhd Return-on-Tangible-Asset Related Terms
Steel Hawk Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Steel Hawk 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:0320 vs SLB, BKR, FTI: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Steel Hawk 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.
Steel Hawk Bhd Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Steel Hawk 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 5.19% mean?
Steel Hawk Bhd (XKLS:0320) has a Return-on-Tangible-Asset of 5.19% 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 Steel Hawk Bhd and its competitors. This is 67% below median its historical median of 15.82. Over the past decade, Steel Hawk Bhd's Return-on-Tangible-Asset has ranged from 4.39 to 28.71. According to the industry distribution chart, Steel Hawk Bhd ranks #305 out of 1028 companies in the Oil & Gas industry, placing it in the top 29.7%.
Is Steel Hawk Bhd's Return-on-Tangible-Asset too high?
Steel Hawk Bhd's current Return-on-Tangible-Asset of 5.19% is 67% below median its 10-year median of 15.82. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 28.71. The Oil & Gas industry median Return-on-Tangible-Asset is 2.06. Steel Hawk Bhd's value of 5.19% is 152.6% above this industry median. Based on the distribution chart, Steel Hawk Bhd ranks #305 out of 1028 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Steel Hawk Bhd has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Hawk Bhd's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Steel Hawk Bhd ranks #305 out of 1028 companies for Return-on-Tangible-Asset. This puts Steel Hawk Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.06. Steel Hawk Bhd's value of 5.19% is 152.6% above this benchmark. Historically, Steel Hawk Bhd's own Return-on-Tangible-Asset has ranged from 4.39 to 28.71 over the past decade. While the company's 10-year median is 15.82 vs. the industry median of 2.06, Steel Hawk 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 Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.06, based on 1,028 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. Steel Hawk Bhd's current Return-on-Tangible-Asset of 5.19% is 152.6% 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 Steel Hawk Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Hawk Bhd's current Return-on-Tangible-Asset is 5.19%, which is 67% below median its own 10-year median of 15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Hawk Bhd stock overvalued right now?
Based on GuruFocus' analysis, Steel Hawk Bhd (XKLS:0320) is currently considered Fairly Valued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.20 — trading 9.1% below its estimated fair value. The current Return-on-Tangible-Asset is 5.19%, which is 67% below median its 10-year median of 15.82 and 152.6% above the Oil & Gas industry median of 2.06. Steel Hawk Bhd's overall GF Score™ is 64/100 with 9 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 Steel Hawk Bhd (XKLS:0320), the current Return-on-Tangible-Asset is 5.19% 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.
Is Steel Hawk Bhd (XKLS:0320) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Hawk Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 9.1% below its estimated GF Value™ of RM0.22.
GuruFocus considers Steel Hawk Bhd to be Fairly Valued.
Key valuation signals for XKLS:0320:
Return-on-Tangible-Asset: 5.19% (67% below median its 10-year median of 15.82)
GF Value™: RM0.22 vs. price of RM0.20 (9.1% below fair value)
Industry Position: 152.6% above the Oil & Gas median (#305 of 1028)
No single metric tells the full story. See the XKLS:0320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Hawk Bhd is engaged in investment holding company. It operates as an integrated engineering and industrial solutions provider supporting the energy, infrastructure, and utilities sectors. It is principally involved in the provision of EPCC services, as well as onshore and offshore support services for the O&G industry. The group's segments are EPCC services and facilities improvement/maintenance, I&M of oilfield equipment, and Supply of oilfield equipment. It generates maximum revenue from EPCC services and facilities improvement/maintenance that includes the provision of EPCC services for chemical injection skids installed at onshore or offshore exploration and production facilities, and other services. Geographically, it derives key revenue from its customers within Malaysia.
64GF Score
Get the complete analysis for XKLS:0320
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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