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Tong Herr Resources BhdXKLS:5010 -4.19%66 Return-on-Tangible-Asset is 3.02% as of Mar. 2026, which is 49% below its 10-year median of 5.98. GuruFocus rates XKLS:5010 with a GF Score™ of 66/100 and a GF Value™ of RM1.52 (Fairly Valued). The stock has 11 warning signs investors should review. Among 3,076 Industrial Products companies, Tong Herr Resources Bhd ranks worse than 69.73% 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. Tong Herr Resources Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM19.2 Mil. Tong Herr Resources Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM637.1 Mil. Therefore, Tong Herr Resources Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.02%.
The historical rank and industry rank for Tong Herr Resources Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5010'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.25 Med: 5.98 Max: 10.82
Current: 0.68
During the past 13 years, Tong Herr Resources Bhd's highest Return-on-Tangible-Asset was 10.82%. The lowest was 0.25%. And the median was 5.98%.
XKLS:5010's Return-on-Tangible-Asset is ranked worse than 69.73% of 3076
companies
in the Industrial Products industry
Industry Median: 3.26
vs XKLS:5010: 0.68
Tong Herr Resources Bhd (XKLS:5010) 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.
Tong Herr Resources Bhd Return-on-Tangible-Asset Related Terms
Tong Herr Resources Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tong Herr Resources 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.
Tong Herr Resources Bhd Return-on-Tangible-Asset Chart
XKLS:5010 vs SNA, RBC, LECO: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, Tong Herr Resources 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.
Tong Herr Resources Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tong Herr Resources Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tong Herr Resources 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 3.02% mean?
Tong Herr Resources Bhd (XKLS:5010) has a Return-on-Tangible-Asset of 3.02% 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 Tong Herr Resources Bhd and its competitors. This is 49% below median its historical median of 5.98. Over the past decade, Tong Herr Resources Bhd's Return-on-Tangible-Asset has ranged from 0.25 to 10.82. According to the industry distribution chart, Tong Herr Resources Bhd ranks #2145 out of 3076 companies in the Industrial Products industry, placing it in the top 69.7%.
Is Tong Herr Resources Bhd's Return-on-Tangible-Asset too high?
Tong Herr Resources Bhd's current Return-on-Tangible-Asset of 3.02% is 49% below median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 10.82. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Tong Herr Resources Bhd's value of 3.02% is 7.4% below this industry median. Based on the distribution chart, Tong Herr Resources Bhd ranks #2145 out of 3076 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tong Herr Resources Bhd has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tong Herr Resources Bhd's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Tong Herr Resources Bhd ranks #2145 out of 3076 companies for Return-on-Tangible-Asset. This places Tong Herr Resources Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Tong Herr Resources Bhd's value of 3.02% is 7.4% below this benchmark. Historically, Tong Herr Resources Bhd's own Return-on-Tangible-Asset has ranged from 0.25 to 10.82 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 3.26, Tong Herr Resources 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,076 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. Tong Herr Resources Bhd's current Return-on-Tangible-Asset of 3.02% is 7.4% 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 Tong Herr Resources Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Herr Resources Bhd's current Return-on-Tangible-Asset is 3.02%, which is 49% below median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Herr Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tong Herr Resources Bhd (XKLS:5010) is currently considered Fairly Valued. The stock's GF Value™ is RM1.52, compared to a current price of RM1.60 — trading 5.3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.02%, which is 49% below median its 10-year median of 5.98 and 7.4% below the Industrial Products industry median of 3.26. Tong Herr Resources Bhd's overall GF Score™ is 66/100 with 11 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 Tong Herr Resources Bhd (XKLS:5010), the current Return-on-Tangible-Asset is 3.02% 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 Tong Herr Resources Bhd (XKLS:5010) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Herr Resources Bhd stock appears to be overvalued.
The current stock price of RM1.60 is trading 5.3% above its estimated GF Value™ of RM1.52.
GuruFocus considers Tong Herr Resources Bhd to be Fairly Valued.
Key valuation signals for XKLS:5010:
Return-on-Tangible-Asset: 3.02% (49% below median its 10-year median of 5.98)
GF Value™: RM1.52 vs. price of RM1.60 (5.3% above fair value)
Industry Position: 7.4% below the Industrial Products median (#2145 of 3076)
No single metric tells the full story. See the XKLS:5010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Herr Resources Bhd is involved in the manufacturing and sales of stainless steel fasteners, including nuts, bolts, screws, and all other threaded items, and also manufactures aluminium extrusions and its related products. The company operates through two primary business segments: stainless steel fasteners and aluminum products. Its fasteners include bolts, nuts, screws, and other components used in various industries. The aluminum segment complements the company's core offerings by providing products essential for diverse industrial applications. The majority of the revenue is derived from the Manufacture and sale of stainless steel fasteners segment. Geographically, it operates in Malaysia, Thailand, the Republic of China (Taiwan), the United States of America, and Others.
66GF Score
Get the complete analysis for XKLS:5010
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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