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Muda Holdings BhdXKLS:3883 43 Return-on-Tangible-Asset is 0.59% as of Mar. 2026, which is 63% below its 10-year median of 1.61. GuruFocus rates XKLS:3883 with a GF Score™ of 43/100 and a GF Value™ of RM1.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 288 Forest Products companies, Muda Holdings Bhd ranks worse than 66.32% 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. Muda Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM14 Mil. Muda Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM2,339 Mil. Therefore, Muda Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.59%.
The historical rank and industry rank for Muda Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:3883'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.18 Med: 1.61 Max: 4.67
Current: -1.2
During the past 13 years, Muda Holdings Bhd's highest Return-on-Tangible-Asset was 4.67%. The lowest was -2.18%. And the median was 1.61%.
XKLS:3883's Return-on-Tangible-Asset is ranked worse than 66.32% of 288
companies
in the Forest Products industry
Industry Median: 1.07
vs XKLS:3883: -1.20
Muda Holdings Bhd (XKLS:3883) 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.
Muda Holdings Bhd Return-on-Tangible-Asset Related Terms
Muda Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Muda Holdings 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:3883 vs SLVM: Return-on-Tangible-Asset Comparison
For the Paper & Paper Products subindustry, Muda Holdings 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.
Muda Holdings Bhd Return-on-Tangible-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Muda Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Muda Holdings 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 0.59% mean?
Muda Holdings Bhd (XKLS:3883) has a Return-on-Tangible-Asset of 0.59% 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 Muda Holdings Bhd and its competitors. This is 63% below median its historical median of 1.61. According to the industry distribution chart, Muda Holdings Bhd ranks #191 out of 288 companies in the Forest Products industry, placing it in the top 66.3%.
Is Muda Holdings Bhd's Return-on-Tangible-Asset too high?
Muda Holdings Bhd's current Return-on-Tangible-Asset of 0.59% is 63% below median its 10-year median of 1.61. The Forest Products industry median Return-on-Tangible-Asset is 1.07. Muda Holdings Bhd's value of 0.59% is 44.9% below this industry median. Based on the distribution chart, Muda Holdings Bhd ranks #191 out of 288 companies in the Forest Products industry, which is below the industry midpoint. Overall, Muda Holdings Bhd has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muda Holdings Bhd's Return-on-Tangible-Asset compare to SLVM?
According to the Forest Products industry distribution chart, Muda Holdings Bhd ranks #191 out of 288 companies for Return-on-Tangible-Asset. This places Muda Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.07. Muda Holdings Bhd's value of 0.59% is 44.9% below this benchmark. While the company's 10-year median is 1.61 vs. the industry median of 1.07, Muda Holdings 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 1.07, based on 288 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. Muda Holdings Bhd's current Return-on-Tangible-Asset of 0.59% is 44.9% 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 Muda Holdings Bhd and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muda Holdings Bhd's current Return-on-Tangible-Asset is 0.59%, which is 63% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muda Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Muda Holdings Bhd (XKLS:3883) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.11, compared to a current price of RM0.83 — trading 25.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.59%, which is 63% below median its 10-year median of 1.61 and 44.9% below the Forest Products industry median of 1.07. Muda Holdings Bhd's overall GF Score™ is 43/100 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 Muda Holdings Bhd (XKLS:3883), the current Return-on-Tangible-Asset is 0.59% 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 Muda Holdings Bhd (XKLS:3883) Overvalued in 2026?
Based on GuruFocus' analysis, Muda Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.83 is trading 25.2% below its estimated GF Value™ of RM1.11.
GuruFocus considers Muda Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3883:
Return-on-Tangible-Asset: 0.59% (63% below median its 10-year median of 1.61)
GF Value™: RM1.11 vs. price of RM0.83 (25.2% below fair value)
Industry Position: 44.9% below the Forest Products median (#191 of 288)
No single metric tells the full story. See the XKLS:3883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Muda Holdings Bhd is a Malaysia-based company, that operates in the paper and paper packaging industry. The company is engaged in producing industrial grade paper, machine glazed paper, paper boards and paper packaging products. The business activity of the firm functions through the Manufacturing and Trading segments. The Manufacturing segment is engaged in manufacturing various types of industrial paper, corrugated cartons, paper bags, paper stationery, and paper-based food packaging products. The Trading segment is engaged in the trading of paper, recovered paper, and stationery products. Geographically the firm has its business presence across the region of Malaysia, Singapore, the People's Republic of China, and Australia. It derives maximum revenue from Manufacturing segment.
43GF Score
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