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Northeast Group BhdXKLS:0325 -3.80%21 Return-on-Tangible-Asset is 16.00% as of Mar. 2026, which is 59% above its 10-year median of 10.09. GuruFocus rates XKLS:0325 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, Northeast Group Bhd ranks better than 88.92% 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. Northeast Group Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM49.4 Mil. Northeast Group Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM308.5 Mil. Therefore, Northeast Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 16.00%.
The historical rank and industry rank for Northeast Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0325'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.88 Med: 10.09 Max: 24.04
Current: 11.4
During the past 5 years, Northeast Group Bhd's highest Return-on-Tangible-Asset was 24.04%. The lowest was 6.88%. And the median was 10.09%.
XKLS:0325's Return-on-Tangible-Asset is ranked better than 88.92% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs XKLS:0325: 11.40
Northeast Group Bhd (XKLS:0325) 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.
Northeast Group Bhd Return-on-Tangible-Asset Related Terms
Northeast Group Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Northeast 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.
Northeast Group Bhd Return-on-Tangible-Asset Chart
XKLS:0325 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Northeast 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.
Northeast Group Bhd Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Northeast Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Northeast 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.00% mean?
Northeast Group Bhd (XKLS:0325) has a Return-on-Tangible-Asset of 16.00% 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 Northeast Group Bhd and its competitors. This is 59% above median its historical median of 10.09. Over the past decade, Northeast Group Bhd's Return-on-Tangible-Asset has ranged from 6.88 to 24.04. According to the industry distribution chart, Northeast Group Bhd ranks #277 out of 2501 companies in the Hardware industry, placing it in the top 11.1%.
Is Northeast Group Bhd's Return-on-Tangible-Asset too high?
Northeast Group Bhd's current Return-on-Tangible-Asset of 16.00% is 59% above median its 10-year median of 10.09. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 24.04. The Hardware industry median Return-on-Tangible-Asset is 2.44. Northeast Group Bhd's value of 16.00% is 555.7% above this industry median. Based on the distribution chart, Northeast Group Bhd ranks #277 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Northeast Group Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Northeast Group Bhd's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Northeast Group Bhd ranks #277 out of 2501 companies for Return-on-Tangible-Asset. This places Northeast Group Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Northeast Group Bhd's value of 16.00% is 555.7% above this benchmark. Historically, Northeast Group Bhd's own Return-on-Tangible-Asset has ranged from 6.88 to 24.04 over the past decade. While the company's 10-year median is 10.09 vs. the industry median of 2.44, Northeast 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,501 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. Northeast Group Bhd's current Return-on-Tangible-Asset of 16.00% is 555.7% 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 Northeast Group Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northeast Group Bhd's current Return-on-Tangible-Asset is 16.00%, which is 59% above median its own 10-year median of 10.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northeast Group Bhd stock overvalued right now?
Northeast Group Bhd (XKLS:0325) has a current Return-on-Tangible-Asset of 16.00%. The current Return-on-Tangible-Asset is 16.00%, which is 59% above median its 10-year median of 10.09 and 555.7% above the Hardware industry median of 2.44. Northeast Group Bhd's overall GF Score™ is 21/100 with 1 warning sign 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 Northeast Group Bhd (XKLS:0325), the current Return-on-Tangible-Asset is 16.00% 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.
Northeast Group Bhd is an investment holding company. The company, along with its subsidiaries, is principally engaged in the manufacturing of precision engineering components. It also provides related services including Surface Finishing, Sheet Metal Fabrication and Mechanical Sub-Assembly. The company serves various industries, including photonics, electrical and electronics (E&E), semiconductor, telecommunication, and optoelectronics. The majority of the company's revenue is derived from Malaysia, and the rest from North America, Europe, Other Asian countries, Oceania and South America.
21GF Score
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