Maxim Global Bhd (XKLS:4022) Return-on-Tangible-Asset: 1.49% (As of Mar. 2026) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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.
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XKLS:4022 Maxim Global Bhd XKLS:4022
23 GF Score
Price RM0.27
GF Value RM0.44
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Maxim Global Bhd Return-on-Tangible-Asset?

Maxim Global Bhd XKLS:4022 -1.85% 23 Return-on-Tangible-Asset is 1.49% as of Mar. 2026, which is 33% below its 10-year median of 2.21. GuruFocus rates XKLS:4022 with a GF Score™ of 23/100 and a GF Value™ of RM0.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,801 Real Estate companies, Maxim Global Bhd ranks better than 57.52% 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. Maxim Global Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM18.1 Mil. Maxim Global Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM1,215.2 Mil. Therefore, Maxim Global Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.49%.

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

XKLS:4022' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.28   Med: 2.21   Max: 6.38
Current: 2.52

During the past 13 years, Maxim Global Bhd's highest Return-on-Tangible-Asset was 6.38%. The lowest was -13.28%. And the median was 2.21%.

XKLS:4022's Return-on-Tangible-Asset is ranked better than
57.52% of 1801 companies
in the Real Estate industry
Industry Median: 1.75 vs XKLS:4022: 2.52

Maxim Global Bhd  (XKLS:4022) 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.


Maxim Global Bhd Return-on-Tangible-Asset Related Terms


Maxim Global Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Maxim Global 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.

Maxim Global Bhd Return-on-Tangible-Asset Chart

Maxim Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 4.06 0.67 2.83 2.94

Maxim Global 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 3.64 3.06 1.97 3.66 1.49

Maxim Global Bhd Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Maxim Global 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.


Maxim Global Bhd Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Maxim Global Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Maxim Global Bhd's Return-on-Tangible-Asset falls into.


XKLS:4022
23GF Score
Maxim Global Bhd XKLS:4022
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxim Global Bhd Return-on-Tangible-Asset Calculation

Maxim Global Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=33.444/( (1075.356+1202.407)/ 2 )
=33.444/1138.8815
=2.94 %

Maxim Global 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 )
=18.052/( (1202.407+1228.001)/ 2 )
=18.052/1215.204
=1.49 %

* 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 1.49% mean?
Maxim Global Bhd (XKLS:4022) has a Return-on-Tangible-Asset of 1.49% 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 Maxim Global Bhd and its competitors. This is 33% below median its historical median of 2.21. According to the industry distribution chart, Maxim Global Bhd ranks #765 out of 1801 companies in the Real Estate industry, placing it in the top 42.5%.
Is Maxim Global Bhd's Return-on-Tangible-Asset too high?
Maxim Global Bhd's current Return-on-Tangible-Asset of 1.49% is 33% below median its 10-year median of 2.21. The Real Estate industry median Return-on-Tangible-Asset is 1.75. Maxim Global Bhd's value of 1.49% is 14.9% below this industry median. Based on the distribution chart, Maxim Global Bhd ranks #765 out of 1801 companies in the Real Estate industry, which is above the industry midpoint. Overall, Maxim Global Bhd has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maxim Global Bhd's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Maxim Global Bhd ranks #765 out of 1801 companies for Return-on-Tangible-Asset. This puts Maxim Global Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.75. Maxim Global Bhd's value of 1.49% is 14.9% below this benchmark. While the company's 10-year median is 2.21 vs. the industry median of 1.75, Maxim Global 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.75, based on 1,801 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. Maxim Global Bhd's current Return-on-Tangible-Asset of 1.49% is 14.9% 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 Maxim Global Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxim Global Bhd's current Return-on-Tangible-Asset is 1.49%, which is 33% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Maxim Global Bhd (XKLS:4022) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.44, compared to a current price of RM0.27 — trading 39.8% below its estimated fair value. The current Return-on-Tangible-Asset is 1.49%, which is 33% below median its 10-year median of 2.21 and 14.9% below the Real Estate industry median of 1.75. Maxim Global Bhd's overall GF Score™ is 23/100 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 Maxim Global Bhd (XKLS:4022), the current Return-on-Tangible-Asset is 1.49% 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 Maxim Global Bhd (XKLS:4022) Overvalued in 2026?

Based on GuruFocus' analysis, Maxim Global Bhd stock appears to be undervalued. The current stock price of RM0.27 is trading 39.8% below its estimated GF Value™ of RM0.44. GuruFocus considers Maxim Global Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4022:

  • Return-on-Tangible-Asset: 1.49% (33% below median its 10-year median of 2.21)
  • GF Value™: RM0.44 vs. price of RM0.27 (39.8% below fair value)
  • GF Score™: 23/100 with 7 warning signs
  • Industry Position: 14.9% below the Real Estate median (#765 of 1801)

No single metric tells the full story. See the XKLS:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxim Global Bhd Business Description

Address No. 2D, Jalan SS 6/6, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Maxim Global Bhd is mainly engaged in property development and construction activities, with all projects located in the central and southern regions of Peninsular Malaysia. The Group's reportable operating segments include property development and construction, which generates maximum revenue, investment holding, and others including inactive group entities. Its completed projects include Mizumi Residences, Residensi Metro Kepong, Ganggarak Permai, and Residensi The Address. The Group generates maximum revenue from Malaysia.
23GF Score

Get the complete analysis for XKLS:4022

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

RM0.27
Price
RM0.44
GF Value