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Ec Excel Holdings BhdXKLS:5192 45 Return-on-Tangible-Asset is 3.17% as of Mar. 2026, which is 131% above its 10-year median of 1.37. GuruFocus rates XKLS:5192 with a GF Score™ of 45/100 and a GF Value™ of RM0.68 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 634 Steel companies, Ec Excel Holdings Bhd ranks better than 53% 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. Ec Excel Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM10.2 Mil. Ec Excel Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM323.3 Mil. Therefore, Ec Excel Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.17%.
The historical rank and industry rank for Ec Excel Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5192'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.67 Med: 1.37 Max: 6.1
Current: 2.35
During the past 13 years, Ec Excel Holdings Bhd's highest Return-on-Tangible-Asset was 6.10%. The lowest was -5.67%. And the median was 1.37%.
XKLS:5192's Return-on-Tangible-Asset is ranked better than 53% of 634
companies
in the Steel industry
Industry Median: 2.035
vs XKLS:5192: 2.35
Ec Excel Holdings Bhd (XKLS:5192) 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.
Ec Excel Holdings Bhd Return-on-Tangible-Asset Related Terms
Ec Excel Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ec Excel Holdings 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.
Ec Excel Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:5192 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Ec Excel Holdings 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.
Ec Excel Holdings Bhd Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Ec Excel Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ec Excel Holdings 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 3.17% mean?
Ec Excel Holdings Bhd (XKLS:5192) has a Return-on-Tangible-Asset of 3.17% 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 Ec Excel Holdings Bhd and its competitors. This is 131% above median its historical median of 1.37. According to the industry distribution chart, Ec Excel Holdings Bhd ranks #298 out of 634 companies in the Steel industry, placing it in the top 47%.
Is Ec Excel Holdings Bhd's Return-on-Tangible-Asset too high?
Ec Excel Holdings Bhd's current Return-on-Tangible-Asset of 3.17% is 131% above median its 10-year median of 1.37. The Steel industry median Return-on-Tangible-Asset is 2.04. Ec Excel Holdings Bhd's value of 3.17% is 55.8% above this industry median. Based on the distribution chart, Ec Excel Holdings Bhd ranks #298 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Ec Excel Holdings Bhd has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ec Excel Holdings Bhd's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Ec Excel Holdings Bhd ranks #298 out of 634 companies for Return-on-Tangible-Asset. This puts Ec Excel Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Ec Excel Holdings Bhd's value of 3.17% is 55.8% above this benchmark. While the company's 10-year median is 1.37 vs. the industry median of 2.04, Ec Excel Holdings 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.04, 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. Ec Excel Holdings Bhd's current Return-on-Tangible-Asset of 3.17% is 55.8% 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 Ec Excel Holdings Bhd and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ec Excel Holdings Bhd's current Return-on-Tangible-Asset is 3.17%, which is 131% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ec Excel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd (XKLS:5192) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.68, compared to a current price of RM0.83 — trading 22.1% above its estimated fair value. The current Return-on-Tangible-Asset is 3.17%, which is 131% above median its 10-year median of 1.37 and 55.8% above the Steel industry median of 2.04. Ec Excel Holdings Bhd's overall GF Score™ is 45/100 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 Ec Excel Holdings Bhd (XKLS:5192), the current Return-on-Tangible-Asset is 3.17% 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 Ec Excel Holdings Bhd (XKLS:5192) Overvalued in 2026?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.83 is trading 22.1% above its estimated GF Value™ of RM0.68.
GuruFocus considers Ec Excel Holdings Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5192:
Return-on-Tangible-Asset: 3.17% (131% above median its 10-year median of 1.37)
GF Value™: RM0.68 vs. price of RM0.83 (22.1% above fair value)
Industry Position: 55.8% above the Steel median (#298 of 634)
No single metric tells the full story. See the XKLS:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ec Excel Holdings Bhd, formerly known as K. Seng Seng Corp Bhd, is an investment holding company. The company operates through the segments of Stainless steel and metal-related products, Marine hardware and consumables, Engineering and Project works, Other industrial hardware, and Investment holding. The key revenue is derived from the Stainless Steel and metal-related products segment, which involves the manufacture and sales of stainless steel tubes and pipes, and the processing of stainless steel sheet products. The group has a business presence in Malaysia; Republic of Singapore; Republic of Singapore; Australia; Republic of Indonesia; and Brunei, of which it generates maximum revenue from Malaysia.
45GF Score
Get the complete analysis for XKLS:5192
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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