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Nestle Malaysia BhdXKLS:4707 -0.35%87 Return-on-Tangible-Asset is 24.47% as of Mar. 2026, which is 22% above its 10-year median of 20.09. GuruFocus rates XKLS:4707 with a GF Score™ of 87/100 and a GF Value™ of RM117.22 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Nestle Malaysia Bhd ranks better than 92.38% 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. Nestle Malaysia Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM820 Mil. Nestle Malaysia Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM3,353 Mil. Therefore, Nestle Malaysia Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 24.47%.
The historical rank and industry rank for Nestle Malaysia Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:4707'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.31 Med: 20.09 Max: 25.78
Current: 16.39
During the past 13 years, Nestle Malaysia Bhd's highest Return-on-Tangible-Asset was 25.78%. The lowest was 12.31%. And the median was 20.09%.
XKLS:4707's Return-on-Tangible-Asset is ranked better than 92.38% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.45
vs XKLS:4707: 16.39
Nestle Malaysia Bhd (XKLS:4707) 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.
Nestle Malaysia Bhd Return-on-Tangible-Asset Related Terms
Nestle Malaysia Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nestle 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.
Nestle Malaysia Bhd Return-on-Tangible-Asset Chart
XKLS:4707 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Nestle 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.
Nestle Malaysia Bhd Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Malaysia Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nestle Malaysia 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 24.47% mean?
Nestle Malaysia Bhd (XKLS:4707) has a Return-on-Tangible-Asset of 24.47% 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 Nestle Malaysia Bhd and its competitors. This is 22% above median its historical median of 20.09. Over the past decade, Nestle Malaysia Bhd's Return-on-Tangible-Asset has ranged from 12.31 to 25.78. According to the industry distribution chart, Nestle Malaysia Bhd ranks #152 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 7.6%.
Is Nestle Malaysia Bhd's Return-on-Tangible-Asset too high?
Nestle Malaysia Bhd's current Return-on-Tangible-Asset of 24.47% is 22% above median its 10-year median of 20.09. Over the past 10 years, this metric has ranged from a low of 12.31 to a high of 25.78. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.45. Nestle Malaysia Bhd's value of 24.47% is 609.3% above this industry median. Based on the distribution chart, Nestle Malaysia Bhd ranks #152 out of 1994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nestle Malaysia Bhd has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Malaysia Bhd's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Malaysia Bhd ranks #152 out of 1994 companies for Return-on-Tangible-Asset. This places Nestle Malaysia Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.45. Nestle Malaysia Bhd's value of 24.47% is 609.3% above this benchmark. Historically, Nestle Malaysia Bhd's own Return-on-Tangible-Asset has ranged from 12.31 to 25.78 over the past decade. While the company's 10-year median is 20.09 vs. the industry median of 3.45, Nestle Malaysia 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 3.45, based on 1,994 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. Nestle Malaysia Bhd's current Return-on-Tangible-Asset of 24.47% is 609.3% 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 Nestle Malaysia Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Malaysia Bhd's current Return-on-Tangible-Asset is 24.47%, which is 22% above median its own 10-year median of 20.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nestle Malaysia Bhd (XKLS:4707) is currently considered Modestly Undervalued. The stock's GF Value™ is RM117.22, compared to a current price of RM91.20 — trading 22.2% below its estimated fair value. The current Return-on-Tangible-Asset is 24.47%, which is 22% above median its 10-year median of 20.09 and 609.3% above the Consumer Packaged Goods industry median of 3.45. Nestle Malaysia Bhd's overall GF Score™ is 87/100 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 Nestle Malaysia Bhd (XKLS:4707), the current Return-on-Tangible-Asset is 24.47% 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 Nestle Malaysia Bhd (XKLS:4707) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Malaysia Bhd stock appears to be undervalued.
The current stock price of RM91.20 is trading 22.2% below its estimated GF Value™ of RM117.22.
GuruFocus considers Nestle Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:4707:
Return-on-Tangible-Asset: 24.47% (22% above median its 10-year median of 20.09)
GF Value™: RM117.22 vs. price of RM91.20 (22.2% below fair value)
Industry Position: 609.3% above the Consumer Packaged Goods median (#152 of 1994)
No single metric tells the full story. See the XKLS:4707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments which include Nutrition, Nestle Professional, Nestle Health Science and NESPRESSO. The Food and Beverages segment derives maximum revenue. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately maximum of total sales. The known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.
87GF Score
Get the complete analysis for XKLS:4707
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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