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Kee Ming Group BhdXKLS:0392 -1.61%18 Return-on-Tangible-Asset is 21.02% as of Mar. 2026, which is 1% above its 10-year median of 20.73. GuruFocus rates XKLS:0392 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 3,081 Industrial Products companies, Kee Ming Group Bhd ranks better than 96.23% 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. Kee Ming Group Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM23.0 Mil. Kee Ming Group Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM109.3 Mil. Therefore, Kee Ming Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.02%.
The historical rank and industry rank for Kee Ming Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0392'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.37 Med: 20.73 Max: 29.38
Current: 18.09
During the past 4 years, Kee Ming Group Bhd's highest Return-on-Tangible-Asset was 29.38%. The lowest was 3.37%. And the median was 20.73%.
XKLS:0392's Return-on-Tangible-Asset is ranked better than 96.23% of 3081
companies
in the Industrial Products industry
Industry Median: 3.41
vs XKLS:0392: 18.09
Kee Ming Group Bhd (XKLS:0392) 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.
Kee Ming Group Bhd Return-on-Tangible-Asset Related Terms
Kee Ming Group Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kee Ming 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:0392 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Kee Ming 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.
Kee Ming Group Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kee Ming Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kee Ming 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 21.02% mean?
Kee Ming Group Bhd (XKLS:0392) has a Return-on-Tangible-Asset of 21.02% 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 Kee Ming Group Bhd and its competitors. This is near median its historical median of 20.73. Over the past decade, Kee Ming Group Bhd's Return-on-Tangible-Asset has ranged from 3.37 to 29.38. According to the industry distribution chart, Kee Ming Group Bhd ranks #116 out of 3081 companies in the Industrial Products industry, placing it in the top 3.8%.
Is Kee Ming Group Bhd's Return-on-Tangible-Asset too high?
Kee Ming Group Bhd's current Return-on-Tangible-Asset of 21.02% is near median its 10-year median of 20.73. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 29.38. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Kee Ming Group Bhd's value of 21.02% is 516.4% above this industry median. Based on the distribution chart, Kee Ming Group Bhd ranks #116 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kee Ming Group Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kee Ming Group Bhd's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kee Ming Group Bhd ranks #116 out of 3081 companies for Return-on-Tangible-Asset. This places Kee Ming Group Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.41. Kee Ming Group Bhd's value of 21.02% is 516.4% above this benchmark. Historically, Kee Ming Group Bhd's own Return-on-Tangible-Asset has ranged from 3.37 to 29.38 over the past decade. While the company's 10-year median is 20.73 vs. the industry median of 3.41, Kee Ming 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.41, based on 3,081 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. Kee Ming Group Bhd's current Return-on-Tangible-Asset of 21.02% is 516.4% 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 Kee Ming Group Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kee Ming Group Bhd's current Return-on-Tangible-Asset is 21.02%, which is near median its own 10-year median of 20.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kee Ming Group Bhd stock overvalued right now?
Kee Ming Group Bhd (XKLS:0392) has a current Return-on-Tangible-Asset of 21.02%. The current Return-on-Tangible-Asset is 21.02%, which is near median its 10-year median of 20.73 and 516.4% above the Industrial Products industry median of 3.41. Kee Ming Group Bhd's overall GF Score™ is 18/100 with 5 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 Kee Ming Group Bhd (XKLS:0392), the current Return-on-Tangible-Asset is 21.02% 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.
Kee Ming Group Bhd is an investment holding company. The company, along with its subsidiaries, operates as a provider of mechanical and electrical (M&E) engineering solutions in Malaysia. Its business segments are: Provision of M&E engineering services that involves providing M&E engineering services for a wide range of facilities including residential, commercial and industrial developments, as well as other clean energy, public infrastructure and interconnection facilities; and Provision of maintenance and repair services that includes offering ongoing maintenance and repair services for M&E equipment and systems. The majority of the company's revenue is derived from the M&E engineering services segment. Geographically, it operates only in Malaysia.
18GF Score
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