Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Return-on-Tangible-Asset: 1.74% (As of Mar. 2026) — 83% Below Median

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XKLS:3719 Panasonic Manufacturing Malaysia Bhd XKLS:3719
52 GF Score
Price RM5.99
GF Value RM13.17
Valuation Possible Value Trap
! 4 Warning Signs
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What is Panasonic Manufacturing Malaysia Bhd Return-on-Tangible-Asset?

Panasonic Manufacturing Malaysia Bhd XKLS:3719 52 Return-on-Tangible-Asset is 1.74% as of Mar. 2026, which is 83% below its 10-year median of 10.05. GuruFocus rates XKLS:3719 with a GF Score™ of 52/100 and a GF Value™ of RM13.17 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Panasonic Manufacturing Malaysia Bhd ranks better than 60.37% 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. Panasonic Manufacturing Malaysia Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM15.1 Mil. Panasonic Manufacturing Malaysia Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM870.3 Mil. Therefore, Panasonic Manufacturing Malaysia Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.74%.

The historical rank and industry rank for Panasonic Manufacturing Malaysia Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:3719' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.85   Med: 10.05   Max: 12.77
Current: 3.87

During the past 13 years, Panasonic Manufacturing Malaysia Bhd's highest Return-on-Tangible-Asset was 12.77%. The lowest was 3.85%. And the median was 10.05%.

XKLS:3719's Return-on-Tangible-Asset is ranked better than
60.37% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.335 vs XKLS:3719: 3.87

Panasonic Manufacturing Malaysia Bhd  (XKLS:3719) 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 company’s 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 company’s 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.


Panasonic Manufacturing Malaysia Bhd Return-on-Tangible-Asset Related Terms


Panasonic Manufacturing Malaysia Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Panasonic Manufacturing 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.

Panasonic Manufacturing Malaysia Bhd Return-on-Tangible-Asset Chart

Panasonic Manufacturing Malaysia Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 8.73 9.94 5.02 3.85

Panasonic Manufacturing Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.96 3.53 4.68 5.56 1.74

XKLS:3719 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Panasonic Manufacturing 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.


Panasonic Manufacturing Malaysia Bhd Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Panasonic Manufacturing Malaysia Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Panasonic Manufacturing Malaysia Bhd's Return-on-Tangible-Asset falls into.


XKLS:3719
52GF Score
Panasonic Manufacturing Malaysia Bhd XKLS:3719
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic Manufacturing Malaysia Bhd Return-on-Tangible-Asset Calculation

Panasonic Manufacturing Malaysia Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=33.928/( (892.432+868.139)/ 2 )
=33.928/880.2855
=3.85 %

Panasonic Manufacturing Malaysia Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=15.132/( (872.502+868.139)/ 2 )
=15.132/870.3205
=1.74 %

* 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 1.74% mean?
Panasonic Manufacturing Malaysia Bhd (XKLS:3719) has a Return-on-Tangible-Asset of 1.74% 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 Panasonic Manufacturing Malaysia Bhd and its competitors. This is 83% below median its historical median of 10.05. Over the past decade, Panasonic Manufacturing Malaysia Bhd's Return-on-Tangible-Asset has ranged from 3.85 to 12.77. According to the industry distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #172 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.6%.
Is Panasonic Manufacturing Malaysia Bhd's Return-on-Tangible-Asset too high?
Panasonic Manufacturing Malaysia Bhd's current Return-on-Tangible-Asset of 1.74% is 83% below median its 10-year median of 10.05. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 12.77. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.34. Panasonic Manufacturing Malaysia Bhd's value of 1.74% is 25.5% below this industry median. Based on the distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #172 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Panasonic Manufacturing Malaysia Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Panasonic Manufacturing Malaysia Bhd's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Panasonic Manufacturing Malaysia Bhd ranks #172 out of 434 companies for Return-on-Tangible-Asset. This puts Panasonic Manufacturing Malaysia Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.34. Panasonic Manufacturing Malaysia Bhd's value of 1.74% is 25.5% below this benchmark. Historically, Panasonic Manufacturing Malaysia Bhd's own Return-on-Tangible-Asset has ranged from 3.85 to 12.77 over the past decade. While the company's 10-year median is 10.05 vs. the industry median of 2.34, Panasonic Manufacturing Malaysia Bhd has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.34, based on 434 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. Panasonic Manufacturing Malaysia Bhd's current Return-on-Tangible-Asset of 1.74% is 25.5% below 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 Panasonic Manufacturing Malaysia Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Manufacturing Malaysia Bhd's current Return-on-Tangible-Asset is 1.74%, which is 83% below median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Manufacturing Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Manufacturing Malaysia Bhd (XKLS:3719) is currently considered Possible Value Trap. The stock's GF Value™ is RM13.17, compared to a current price of RM5.99 — trading 54.5% below its estimated fair value. The current Return-on-Tangible-Asset is 1.74%, which is 83% below median its 10-year median of 10.05 and 25.5% below the Furnishings, Fixtures & Appliances industry median of 2.34. Panasonic Manufacturing Malaysia Bhd's overall GF Score™ is 52/100 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 Panasonic Manufacturing Malaysia Bhd (XKLS:3719), the current Return-on-Tangible-Asset is 1.74% 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 Panasonic Manufacturing Malaysia Bhd (XKLS:3719) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Manufacturing Malaysia Bhd stock appears to be undervalued. The current stock price of RM5.99 is trading 54.5% below its estimated GF Value™ of RM13.17. GuruFocus considers Panasonic Manufacturing Malaysia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3719:

  • Return-on-Tangible-Asset: 1.74% (83% below median its 10-year median of 10.05)
  • GF Value™: RM13.17 vs. price of RM5.99 (54.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 25.5% below the Furnishings, Fixtures & Appliances median (#172 of 434)

No single metric tells the full story. See the XKLS:3719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Manufacturing Malaysia Bhd Business Description

Address No. 3, Jalan Sesiku 15/2, Section 15, Shah Alam Industrial Site, Shah Alam, SGR, MYS, 40200
Panasonic Manufacturing Malaysia Bhd is engaged in the manufacture and sale of electrical home appliances and related components. The business activity of the group is breakdown into two segments namely home appliances and Life Solutions. Geographically it operates in the region of Malaysia, Japan, Asia (excluding Malaysia and Japan), Europe, the Middle East, and Others. The company's segment consists of Living appliances and solutions; and Heating and Ventilation A/C. The company generates the majority of its revenue from Heating and Ventilation A/C.
52GF Score

Get the complete analysis for XKLS:3719

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM5.99
Price
RM13.17
GF Value