Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
IJM BhdXKLS:3336 82 Return-on-Tangible-Asset is -3.26% as of Mar. 2026. GuruFocus rates XKLS:3336 with a GF Score™ of 82/100 and a GF Value™ of RM2.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 568 Conglomerates companies, IJM Bhd ranks worse than 72.18% 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. IJM Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-635 Mil. IJM Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM19,479 Mil. Therefore, IJM Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.26%.
The historical rank and industry rank for IJM Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:3336'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.29 Med: 2.37 Max: 4.66
Current: 0.29
During the past 13 years, IJM Bhd's highest Return-on-Tangible-Asset was 4.66%. The lowest was 0.29%. And the median was 2.37%.
XKLS:3336's Return-on-Tangible-Asset is ranked worse than 72.18% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs XKLS:3336: 0.29
IJM Bhd (XKLS:3336) 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.
IJM Bhd Return-on-Tangible-Asset Related Terms
IJM Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IJM 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:3336 vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, IJM 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.
IJM Bhd Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, IJM Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IJM 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 -3.26% mean?
IJM Bhd (XKLS:3336) has a Return-on-Tangible-Asset of -3.26% 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 IJM Bhd and its competitors. Over the past decade, IJM Bhd's Return-on-Tangible-Asset has ranged from 0.29 to 4.66. According to the industry distribution chart, IJM Bhd ranks #410 out of 568 companies in the Conglomerates industry, placing it in the top 72.2%.
Is IJM Bhd's Return-on-Tangible-Asset too high?
IJM Bhd's current Return-on-Tangible-Asset is -3.26%. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 4.66. Based on the distribution chart, IJM Bhd ranks #410 out of 568 companies in the Conglomerates industry, which is below the industry midpoint. Overall, IJM Bhd has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, IJM Bhd ranks #410 out of 568 companies for Return-on-Tangible-Asset. This places IJM Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Historically, IJM Bhd's own Return-on-Tangible-Asset has ranged from 0.29 to 4.66 over the past decade. 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 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. 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 IJM Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IJM Bhd's current Return-on-Tangible-Asset is -3.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.84, compared to a current price of RM2.44 — trading 14.1% below its estimated fair value. The current Return-on-Tangible-Asset is -3.26%. IJM Bhd's overall GF Score™ is 82/100 with 7 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 IJM Bhd (XKLS:3336), the current Return-on-Tangible-Asset is -3.26% 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 IJM Bhd (XKLS:3336) Overvalued in 2026?
Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued.
The current stock price of RM2.44 is trading 14.1% below its estimated GF Value™ of RM2.84.
GuruFocus considers IJM Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3336:
Return-on-Tangible-Asset: -3.26%
GF Value™: RM2.84 vs. price of RM2.44 (14.1% below fair value)
No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
82GF Score
Get the complete analysis for XKLS:3336
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:3336 has been successfully added to your 
