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Hiap Teck Venture BhdXKLS:5072 59 Return-on-Tangible-Asset is 0.98% as of Apr. 2026, which is 45% below its 10-year median of 1.78. GuruFocus rates XKLS:5072 with a GF Score™ of 59/100 and a GF Value™ of RM0.29 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 634 Steel companies, Hiap Teck Venture Bhd ranks better than 81.23% 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. Hiap Teck Venture Bhd's annualizedNet Income for the quarter that ended in Apr. 2026 was RM22 Mil. Hiap Teck Venture Bhd's average total tangible assets for the quarter that ended in Apr. 2026 was RM2,187 Mil. Therefore, Hiap Teck Venture Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 0.98%.
The historical rank and industry rank for Hiap Teck Venture Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5072'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.86 Med: 1.78 Max: 10.74
Current: 6.52
During the past 13 years, Hiap Teck Venture Bhd's highest Return-on-Tangible-Asset was 10.74%. The lowest was -6.86%. And the median was 1.78%.
XKLS:5072's Return-on-Tangible-Asset is ranked better than 81.23% of 634
companies
in the Steel industry
Industry Median: 2.015
vs XKLS:5072: 6.52
Hiap Teck Venture Bhd (XKLS:5072) 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.
Hiap Teck Venture Bhd Return-on-Tangible-Asset Related Terms
Hiap Teck Venture Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hiap Teck Venture 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.
Hiap Teck Venture Bhd Return-on-Tangible-Asset Chart
XKLS:5072 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Hiap Teck Venture 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.
Hiap Teck Venture Bhd Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hiap Teck Venture 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.98% mean?
Hiap Teck Venture Bhd (XKLS:5072) has a Return-on-Tangible-Asset of 0.98% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hiap Teck Venture Bhd and its competitors. This is 45% below median its historical median of 1.78. According to the industry distribution chart, Hiap Teck Venture Bhd ranks #119 out of 634 companies in the Steel industry, placing it in the top 18.8%.
Is Hiap Teck Venture Bhd's Return-on-Tangible-Asset too high?
Hiap Teck Venture Bhd's current Return-on-Tangible-Asset of 0.98% is 45% below median its 10-year median of 1.78. The Steel industry median Return-on-Tangible-Asset is 2.02. Hiap Teck Venture Bhd's value of 0.98% is 51.4% below this industry median. Based on the distribution chart, Hiap Teck Venture Bhd ranks #119 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hiap Teck Venture Bhd has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Teck Venture Bhd's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Hiap Teck Venture Bhd ranks #119 out of 634 companies for Return-on-Tangible-Asset. This places Hiap Teck Venture Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.02. Hiap Teck Venture Bhd's value of 0.98% is 51.4% below this benchmark. While the company's 10-year median is 1.78 vs. the industry median of 2.02, Hiap Teck Venture 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.02, based on 634 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. Hiap Teck Venture Bhd's current Return-on-Tangible-Asset of 0.98% is 51.4% 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 Hiap Teck Venture Bhd and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Teck Venture Bhd's current Return-on-Tangible-Asset is 0.98%, which is 45% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Teck Venture Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hiap Teck Venture Bhd (XKLS:5072) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.26 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Asset is 0.98%, which is 45% below median its 10-year median of 1.78 and 51.4% below the Steel industry median of 2.02. Hiap Teck Venture Bhd's overall GF Score™ is 59/100 with 8 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 Hiap Teck Venture Bhd (XKLS:5072), the current Return-on-Tangible-Asset is 0.98% as of Apr. 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 Hiap Teck Venture Bhd (XKLS:5072) Overvalued in 2026?
Based on GuruFocus' analysis, Hiap Teck Venture Bhd stock appears to be undervalued.
The current stock price of RM0.26 is trading 12.1% below its estimated GF Value™ of RM0.29.
GuruFocus considers Hiap Teck Venture Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5072:
Return-on-Tangible-Asset: 0.98% (45% below median its 10-year median of 1.78)
GF Value™: RM0.29 vs. price of RM0.26 (12.1% below fair value)
Industry Position: 51.4% below the Steel median (#119 of 634)
No single metric tells the full story. See the XKLS:5072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiap Teck Venture Bhd is a Malaysia-based company. It has six segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore; and Selling of Elecricity. It generates a vast majority of the revenues from the Trading segment.
59GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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