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Malayan Flour Mills BhdXKLS:3662 44 Return-on-Tangible-Asset is 6.75% as of Mar. 2026, which is 140% above its 10-year median of 2.81. GuruFocus rates XKLS:3662 with a GF Score™ of 44/100 and a GF Value™ of RM0.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Malayan Flour Mills Bhd ranks better than 64.6% 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. Malayan Flour Mills Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM170 Mil. Malayan Flour Mills Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM2,518 Mil. Therefore, Malayan Flour Mills Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.75%.
The historical rank and industry rank for Malayan Flour Mills Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:3662'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.25 Med: 2.81 Max: 6.55
Current: 6.1
During the past 13 years, Malayan Flour Mills Bhd's highest Return-on-Tangible-Asset was 6.55%. The lowest was -0.25%. And the median was 2.81%.
XKLS:3662's Return-on-Tangible-Asset is ranked better than 64.6% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.43
vs XKLS:3662: 6.10
Malayan Flour Mills Bhd (XKLS:3662) 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.
Malayan Flour Mills Bhd Return-on-Tangible-Asset Related Terms
Malayan Flour Mills Bhd Return-on-Tangible-Asset Historical Data
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The historical data trend for Malayan Flour Mills 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.
Malayan Flour Mills Bhd Return-on-Tangible-Asset Chart
XKLS:3662 vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Malayan Flour Mills 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.
Malayan Flour Mills Bhd Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Malayan Flour Mills Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Malayan Flour Mills 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 6.75% mean?
Malayan Flour Mills Bhd (XKLS:3662) has a Return-on-Tangible-Asset of 6.75% 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 Malayan Flour Mills Bhd and its competitors. This is 140% above median its historical median of 2.81. According to the industry distribution chart, Malayan Flour Mills Bhd ranks #707 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 35.4%.
Is Malayan Flour Mills Bhd's Return-on-Tangible-Asset too high?
Malayan Flour Mills Bhd's current Return-on-Tangible-Asset of 6.75% is 140% above median its 10-year median of 2.81. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. Malayan Flour Mills Bhd's value of 6.75% is 96.8% above this industry median. Based on the distribution chart, Malayan Flour Mills Bhd ranks #707 out of 1997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Malayan Flour Mills Bhd has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Flour Mills Bhd's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Malayan Flour Mills Bhd ranks #707 out of 1997 companies for Return-on-Tangible-Asset. This puts Malayan Flour Mills Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Malayan Flour Mills Bhd's value of 6.75% is 96.8% above this benchmark. While the company's 10-year median is 2.81 vs. the industry median of 3.43, Malayan Flour Mills 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 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. Malayan Flour Mills Bhd's current Return-on-Tangible-Asset of 6.75% is 96.8% 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 Malayan Flour Mills Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malayan Flour Mills Bhd's current Return-on-Tangible-Asset is 6.75%, which is 140% above median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Flour Mills Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Flour Mills Bhd (XKLS:3662) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.66, compared to a current price of RM0.60 — trading 9.8% below its estimated fair value. The current Return-on-Tangible-Asset is 6.75%, which is 140% above median its 10-year median of 2.81 and 96.8% above the Consumer Packaged Goods industry median of 3.43. Malayan Flour Mills Bhd's overall GF Score™ is 44/100 with 3 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 Malayan Flour Mills Bhd (XKLS:3662), the current Return-on-Tangible-Asset is 6.75% 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 Malayan Flour Mills Bhd (XKLS:3662) Overvalued in 2026?
Based on GuruFocus' analysis, Malayan Flour Mills Bhd stock appears to be undervalued.
The current stock price of RM0.60 is trading 9.8% below its estimated GF Value™ of RM0.66.
GuruFocus considers Malayan Flour Mills Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3662:
Return-on-Tangible-Asset: 6.75% (140% above median its 10-year median of 2.81)
GF Value™: RM0.66 vs. price of RM0.60 (9.8% below fair value)
Industry Position: 96.8% above the Consumer Packaged Goods median (#707 of 1997)
No single metric tells the full story. See the XKLS:3662 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. The company generstes maximum revenue from the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.
44GF Score
Get the complete analysis for XKLS:3662
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