Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Return-on-Tangible-Asset: 5.39% (As of Mar. 2026) — 32% Above Median

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XKLS:5008 Harrisons Holdings (Malaysia) Bhd XKLS:5008
66 GF Score
Price RM1.26
GF Value RM1.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Harrisons Holdings (Malaysia) Bhd Return-on-Tangible-Asset?

Harrisons Holdings (Malaysia) Bhd XKLS:5008 +1.61% 66 Return-on-Tangible-Asset is 5.39% as of Mar. 2026, which is 32% above its 10-year median of 4.09. GuruFocus rates XKLS:5008 with a GF Score™ of 66/100 and a GF Value™ of RM1.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 158 Industrial Distribution companies, Harrisons Holdings (Malaysia) Bhd ranks better than 51.9% 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. Harrisons Holdings (Malaysia) Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM54 Mil. Harrisons Holdings (Malaysia) Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM1,009 Mil. Therefore, Harrisons Holdings (Malaysia) Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.39%.

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

XKLS:5008' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.18   Med: 4.09   Max: 8.12
Current: 4.29

During the past 13 years, Harrisons Holdings (Malaysia) Bhd's highest Return-on-Tangible-Asset was 8.12%. The lowest was 3.18%. And the median was 4.09%.

XKLS:5008's Return-on-Tangible-Asset is ranked better than
51.9% of 158 companies
in the Industrial Distribution industry
Industry Median: 4.01 vs XKLS:5008: 4.29

Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.


Harrisons Holdings (Malaysia) Bhd Return-on-Tangible-Asset Related Terms


Harrisons Holdings (Malaysia) Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Harrisons Holdings (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.

Harrisons Holdings (Malaysia) Bhd Return-on-Tangible-Asset Chart

Harrisons Holdings (Malaysia) 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 5.61 8.12 7.29 4.52 4.37

Harrisons Holdings (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 5.43 4.09 4.52 3.29 5.39

XKLS:5008 vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison

For the Industrial Distribution subindustry, Harrisons Holdings (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.


Harrisons Holdings (Malaysia) Bhd Return-on-Tangible-Asset vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Return-on-Tangible-Asset falls into.


XKLS:5008
66GF Score
Harrisons Holdings (Malaysia) Bhd XKLS:5008
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harrisons Holdings (Malaysia) Bhd Return-on-Tangible-Asset Calculation

Harrisons Holdings (Malaysia) 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 )
=42.586/( (966.845+983.859)/ 2 )
=42.586/975.352
=4.37 %

Harrisons Holdings (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 )
=54.412/( (983.859+1034.585)/ 2 )
=54.412/1009.222
=5.39 %

* 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 5.39% mean?
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Return-on-Tangible-Asset of 5.39% 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 Harrisons Holdings (Malaysia) Bhd and its competitors. This is 32% above median its historical median of 4.09. Over the past decade, Harrisons Holdings (Malaysia) Bhd's Return-on-Tangible-Asset has ranged from 3.18 to 8.12. According to the industry distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #76 out of 158 companies in the Industrial Distribution industry, placing it in the top 48.1%.
Is Harrisons Holdings (Malaysia) Bhd's Return-on-Tangible-Asset too high?
Harrisons Holdings (Malaysia) Bhd's current Return-on-Tangible-Asset of 5.39% is 32% above median its 10-year median of 4.09. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 8.12. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Harrisons Holdings (Malaysia) Bhd's value of 5.39% is 34.4% above this industry median. Based on the distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #76 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #76 out of 158 companies for Return-on-Tangible-Asset. This puts Harrisons Holdings (Malaysia) Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Harrisons Holdings (Malaysia) Bhd's value of 5.39% is 34.4% above this benchmark. Historically, Harrisons Holdings (Malaysia) Bhd's own Return-on-Tangible-Asset has ranged from 3.18 to 8.12 over the past decade. While the company's 10-year median is 4.09 vs. the industry median of 4.01, Harrisons Holdings (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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.01, based on 158 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. Harrisons Holdings (Malaysia) Bhd's current Return-on-Tangible-Asset of 5.39% is 34.4% 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 Harrisons Holdings (Malaysia) Bhd and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrisons Holdings (Malaysia) Bhd's current Return-on-Tangible-Asset is 5.39%, which is 32% above median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.26 — trading 22.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.39%, which is 32% above median its 10-year median of 4.09 and 34.4% above the Industrial Distribution industry median of 4.01. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 66/100 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Return-on-Tangible-Asset is 5.39% 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued. The current stock price of RM1.26 is trading 22.7% below its estimated GF Value™ of RM1.63. GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5008:

  • Return-on-Tangible-Asset: 5.39% (32% above median its 10-year median of 4.09)
  • GF Value™: RM1.63 vs. price of RM1.26 (22.7% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 34.4% above the Industrial Distribution median (#76 of 158)

No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harrisons Holdings (Malaysia) Bhd Business Description

Address 10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
66GF Score

Get the complete analysis for XKLS:5008

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

RM1.26
Price
RM1.63
GF Value