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Carlo Rino Group BhdXKLS:0335 59 Return-on-Tangible-Asset is 11.45% as of Mar. 2026, which is 68% above its 10-year median of 6.82. GuruFocus rates XKLS:0335 with a GF Score™ of 59/100 and a GF Value™ of RM0.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 78.77% 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. Carlo Rino Group Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM21.88 Mil. Carlo Rino Group Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM191.07 Mil. Therefore, Carlo Rino Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.45%.
The historical rank and industry rank for Carlo Rino Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0335'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.91 Med: 6.82 Max: 17.87
Current: 6.35
During the past 10 years, Carlo Rino Group Bhd's highest Return-on-Tangible-Asset was 17.87%. The lowest was 2.91%. And the median was 6.82%.
XKLS:0335's Return-on-Tangible-Asset is ranked better than 78.77% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs XKLS:0335: 6.35
Carlo Rino Group Bhd (XKLS:0335) 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.
Carlo Rino Group Bhd Return-on-Tangible-Asset Related Terms
Carlo Rino Group Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Carlo Rino 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.
Carlo Rino Group Bhd Return-on-Tangible-Asset Chart
XKLS:0335 vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Carlo Rino 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.
Carlo Rino Group Bhd Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Carlo Rino 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 11.45% mean?
Carlo Rino Group Bhd (XKLS:0335) has a Return-on-Tangible-Asset of 11.45% 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 Carlo Rino Group Bhd and its competitors. This is 68% above median its historical median of 6.82. Over the past decade, Carlo Rino Group Bhd's Return-on-Tangible-Asset has ranged from 2.91 to 17.87. According to the industry distribution chart, Carlo Rino Group Bhd ranks #227 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.2%.
Is Carlo Rino Group Bhd's Return-on-Tangible-Asset too high?
Carlo Rino Group Bhd's current Return-on-Tangible-Asset of 11.45% is 68% above median its 10-year median of 6.82. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 17.87. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Carlo Rino Group Bhd's value of 11.45% is 475.4% above this industry median. Based on the distribution chart, Carlo Rino Group Bhd ranks #227 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Carlo Rino Group Bhd has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #227 out of 1069 companies for Return-on-Tangible-Asset. This places Carlo Rino Group Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Carlo Rino Group Bhd's value of 11.45% is 475.4% above this benchmark. Historically, Carlo Rino Group Bhd's own Return-on-Tangible-Asset has ranged from 2.91 to 17.87 over the past decade. While the company's 10-year median is 6.82 vs. the industry median of 1.99, Carlo Rino 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,069 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. Carlo Rino Group Bhd's current Return-on-Tangible-Asset of 11.45% is 475.4% 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Rino Group Bhd's current Return-on-Tangible-Asset is 11.45%, which is 68% above median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.20 — trading 28.6% below its estimated fair value. The current Return-on-Tangible-Asset is 11.45%, which is 68% above median its 10-year median of 6.82 and 475.4% above the Manufacturing - Apparel & Accessories industry median of 1.99. Carlo Rino Group Bhd's overall GF Score™ is 59/100 with 4 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 Carlo Rino Group Bhd (XKLS:0335), the current Return-on-Tangible-Asset is 11.45% 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?
Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 28.6% below its estimated GF Value™ of RM0.28.
GuruFocus considers Carlo Rino Group Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0335:
Return-on-Tangible-Asset: 11.45% (68% above median its 10-year median of 6.82)
GF Value™: RM0.28 vs. price of RM0.20 (28.6% below fair value)
Industry Position: 475.4% above the Manufacturing - Apparel & Accessories median (#227 of 1069)
No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
59GF Score
Get the complete analysis for XKLS:0335
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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