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Cheeding Holdings BhdXKLS:0372 +0.77%19 Return-on-Tangible-Asset is 24.82% as of Mar. 2026, which is 5% below its 10-year median of 26.16. GuruFocus rates XKLS:0372 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,783 Construction companies, Cheeding Holdings Bhd ranks better than 96.69% 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. Cheeding Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM39.00 Mil. Cheeding Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM157.11 Mil. Therefore, Cheeding Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 24.82%.
The historical rank and industry rank for Cheeding Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0372'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.27 Med: 26.16 Max: 39.58
Current: 19.79
During the past 5 years, Cheeding Holdings Bhd's highest Return-on-Tangible-Asset was 39.58%. The lowest was -1.27%. And the median was 26.16%.
XKLS:0372's Return-on-Tangible-Asset is ranked better than 96.69% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs XKLS:0372: 19.79
Cheeding Holdings Bhd (XKLS:0372) 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.
Cheeding Holdings Bhd Return-on-Tangible-Asset Related Terms
Cheeding Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cheeding Holdings 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.
Cheeding Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:0372 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Cheeding Holdings 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.
Cheeding Holdings Bhd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Cheeding Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cheeding Holdings 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 24.82% mean?
Cheeding Holdings Bhd (XKLS:0372) has a Return-on-Tangible-Asset of 24.82% 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 Cheeding Holdings Bhd and its competitors. This is near median its historical median of 26.16. According to the industry distribution chart, Cheeding Holdings Bhd ranks #59 out of 1783 companies in the Construction industry, placing it in the top 3.3%.
Is Cheeding Holdings Bhd's Return-on-Tangible-Asset too high?
Cheeding Holdings Bhd's current Return-on-Tangible-Asset of 24.82% is near median its 10-year median of 26.16. The Construction industry median Return-on-Tangible-Asset is 3.05. Cheeding Holdings Bhd's value of 24.82% is 713.8% above this industry median. Based on the distribution chart, Cheeding Holdings Bhd ranks #59 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Cheeding Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Cheeding Holdings Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Cheeding Holdings Bhd ranks #59 out of 1783 companies for Return-on-Tangible-Asset. This places Cheeding Holdings Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Cheeding Holdings Bhd's value of 24.82% is 713.8% above this benchmark. While the company's 10-year median is 26.16 vs. the industry median of 3.05, Cheeding Holdings 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Cheeding Holdings Bhd's current Return-on-Tangible-Asset of 24.82% is 713.8% 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 Cheeding Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheeding Holdings Bhd's current Return-on-Tangible-Asset is 24.82%, which is near median its own 10-year median of 26.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheeding Holdings Bhd stock overvalued right now?
Cheeding Holdings Bhd (XKLS:0372) has a current Return-on-Tangible-Asset of 24.82%. The current Return-on-Tangible-Asset is 24.82%, which is near median its 10-year median of 26.16 and 713.8% above the Construction industry median of 3.05. Cheeding Holdings Bhd's overall GF Score™ is 19/100 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 Cheeding Holdings Bhd (XKLS:0372), the current Return-on-Tangible-Asset is 24.82% 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.
Cheeding Holdings Bhd is an investment holding company. Through its subsidiaries, It is predominantly involved in the provision of utilities engineering solutions where the main activities involve the EPCC and maintenance of overhead infrastructure for utilities, EPCC of underground infrastructure for utilities and substation engineering services.
19GF Score
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