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Allianz Malaysia BhdXKLS:1163 -1.41%82 Return-on-Tangible-Asset is 3.02% as of Mar. 2026, which is 16% above its 10-year median of 2.61. GuruFocus rates XKLS:1163 with a GF Score™ of 82/100 and a GF Value™ of RM21.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 509 Insurance companies, Allianz Malaysia Bhd ranks better than 56.97% 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. Allianz Malaysia Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM909 Mil. Allianz Malaysia Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM30,074 Mil. Therefore, Allianz Malaysia Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.02%.
The historical rank and industry rank for Allianz Malaysia Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:1163'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.87 Med: 2.61 Max: 3.31
Current: 3.31
During the past 13 years, Allianz Malaysia Bhd's highest Return-on-Tangible-Asset was 3.31%. The lowest was 1.87%. And the median was 2.61%.
XKLS:1163's Return-on-Tangible-Asset is ranked better than 56.97% of 509
companies
in the Insurance industry
Industry Median: 2.76
vs XKLS:1163: 3.31
Allianz Malaysia Bhd (XKLS:1163) 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.
Allianz Malaysia Bhd Return-on-Tangible-Asset Related Terms
Allianz Malaysia Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Allianz Malaysia 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.
Allianz Malaysia Bhd Return-on-Tangible-Asset Chart
XKLS:1163 vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Allianz Malaysia 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.
Allianz Malaysia Bhd Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Allianz Malaysia Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Allianz Malaysia 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 3.02% mean?
Allianz Malaysia Bhd (XKLS:1163) has a Return-on-Tangible-Asset of 3.02% 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 Allianz Malaysia Bhd and its competitors. This is 16% above median its historical median of 2.61. Over the past decade, Allianz Malaysia Bhd's Return-on-Tangible-Asset has ranged from 1.87 to 3.31. According to the industry distribution chart, Allianz Malaysia Bhd ranks #219 out of 509 companies in the Insurance industry, placing it in the top 43%.
Is Allianz Malaysia Bhd's Return-on-Tangible-Asset too high?
Allianz Malaysia Bhd's current Return-on-Tangible-Asset of 3.02% is 16% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 3.31. The Insurance industry median Return-on-Tangible-Asset is 2.76. Allianz Malaysia Bhd's value of 3.02% is 9.4% above this industry median. Based on the distribution chart, Allianz Malaysia Bhd ranks #219 out of 509 companies in the Insurance industry, which is above the industry midpoint. Overall, Allianz Malaysia Bhd has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Allianz Malaysia Bhd's Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Allianz Malaysia Bhd ranks #219 out of 509 companies for Return-on-Tangible-Asset. This puts Allianz Malaysia Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.76. Allianz Malaysia Bhd's value of 3.02% is 9.4% above this benchmark. Historically, Allianz Malaysia Bhd's own Return-on-Tangible-Asset has ranged from 1.87 to 3.31 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 2.76, Allianz Malaysia 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 Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.76, based on 509 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. Allianz Malaysia Bhd's current Return-on-Tangible-Asset of 3.02% is 9.4% 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 Allianz Malaysia Bhd and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allianz Malaysia Bhd's current Return-on-Tangible-Asset is 3.02%, which is 16% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allianz Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Allianz Malaysia Bhd (XKLS:1163) is currently considered Fairly Valued. The stock's GF Value™ is RM21.31, compared to a current price of RM21.00 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Asset is 3.02%, which is 16% above median its 10-year median of 2.61 and 9.4% above the Insurance industry median of 2.76. Allianz Malaysia Bhd's overall GF Score™ is 82/100 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 Allianz Malaysia Bhd (XKLS:1163), the current Return-on-Tangible-Asset is 3.02% 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.
Is Allianz Malaysia Bhd (XKLS:1163) Overvalued in 2026?
Based on GuruFocus' analysis, Allianz Malaysia Bhd stock appears to be undervalued.
The current stock price of RM21.00 is trading 1.5% below its estimated GF Value™ of RM21.31.
GuruFocus considers Allianz Malaysia Bhd to be Fairly Valued.
Key valuation signals for XKLS:1163:
Return-on-Tangible-Asset: 3.02% (16% above median its 10-year median of 2.61)
GF Value™: RM21.31 vs. price of RM21.00 (1.5% below fair value)
Industry Position: 9.4% above the Insurance median (#219 of 509)
No single metric tells the full story. See the XKLS:1163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allianz Malaysia Bhd is an investment holding company engaged in the insurance sector. The company operates in three segments: General Insurance, Life insurance, and Investment holding. The Life insurance segment underwrites all classes of life insurance and also does investment-linked business. The company's general insurance includes automotive, home, personal insurance, and other products. The majority of revenue is generated from the General Insurance segment. The group operates mainly in Malaysia.
82GF Score
Get the complete analysis for XKLS:1163
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