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Adnex Group BhdXKLS:0396 +1.28%13 Return-on-Tangible-Asset is 3.64% as of Mar. 2026, which is 85% below its 10-year median of 24.80. GuruFocus rates XKLS:0396 with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 1,781 Construction companies, Adnex Group Bhd ranks worse than 66.59% 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. Adnex Group Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM2.34 Mil. Adnex Group Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM64.20 Mil. Therefore, Adnex Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.64%.
The historical rank and industry rank for Adnex Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0396'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.91 Med: 24.8 Max: 26
Current: 0.91
During the past 3 years, Adnex Group Bhd's highest Return-on-Tangible-Asset was 26.00%. The lowest was 0.91%. And the median was 24.80%.
XKLS:0396's Return-on-Tangible-Asset is ranked worse than 66.59% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs XKLS:0396: 0.91
Adnex Group Bhd (XKLS:0396) 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.
Adnex Group Bhd Return-on-Tangible-Asset Related Terms
Adnex Group Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Adnex 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.
Adnex Group Bhd Return-on-Tangible-Asset Chart
Adnex Group Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
19.47
26.00
24.80
Adnex Group Bhd Quarterly Data
Dec22
Dec23
Dec24
Sep25
Mar26
Return-on-Tangible-Asset
0.00
0.00
82.17
0.00
3.64
XKLS:0396 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Adnex 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.
Adnex Group Bhd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Adnex Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adnex 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 3.64% mean?
Adnex Group Bhd (XKLS:0396) has a Return-on-Tangible-Asset of 3.64% 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 Adnex Group Bhd and its competitors. This is 85% below median its historical median of 24.80. Over the past decade, Adnex Group Bhd's Return-on-Tangible-Asset has ranged from 0.91 to 26.00. According to the industry distribution chart, Adnex Group Bhd ranks #1186 out of 1781 companies in the Construction industry, placing it in the top 66.6%.
Is Adnex Group Bhd's Return-on-Tangible-Asset too high?
Adnex Group Bhd's current Return-on-Tangible-Asset of 3.64% is 85% below median its 10-year median of 24.80. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 26.00. The Construction industry median Return-on-Tangible-Asset is 3.04. Adnex Group Bhd's value of 3.64% is 19.7% above this industry median. Based on the distribution chart, Adnex Group Bhd ranks #1186 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Adnex Group Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Adnex Group Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Adnex Group Bhd ranks #1186 out of 1781 companies for Return-on-Tangible-Asset. This places Adnex Group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Adnex Group Bhd's value of 3.64% is 19.7% above this benchmark. Historically, Adnex Group Bhd's own Return-on-Tangible-Asset has ranged from 0.91 to 26.00 over the past decade. While the company's 10-year median is 24.80 vs. the industry median of 3.04, Adnex 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Adnex Group Bhd's current Return-on-Tangible-Asset of 3.64% is 19.7% 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 Adnex Group Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adnex Group Bhd's current Return-on-Tangible-Asset is 3.64%, which is 85% below median its own 10-year median of 24.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adnex Group Bhd stock overvalued right now?
Adnex Group Bhd (XKLS:0396) has a current Return-on-Tangible-Asset of 3.64%. The current Return-on-Tangible-Asset is 3.64%, which is 85% below median its 10-year median of 24.80 and 19.7% above the Construction industry median of 3.04. Adnex Group Bhd's overall GF Score™ is 13/100 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 Adnex Group Bhd (XKLS:0396), the current Return-on-Tangible-Asset is 3.64% 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.
Adnex Group Bhd is an investment holding company. Through its Subsidiaries, the company is principally involved in the provision of interior fit-out services, which involve the process of actualisation of designs in the interior space. It specialises in providing interior fit-out services for commercial and industrial properties, mainly for use as corporate offices, F&B outlets and sales galleries. The company's business segments include Interior fit-out works and Turnkey fit-out services. The majority of revenue is derived from the Interior fit-out works segment, which provides interior fit-out projects based on designs provided by customers. Geographically, it derives the maximum revenue from Malaysia.
13GF Score
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