Seng Fong Holdings Bhd (XKLS:5308) Return-on-Tangible-Asset: -2.17% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5308 Seng Fong Holdings Bhd XKLS:5308
64 GF Score
Price RM0.67
GF Value RM0.83
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Seng Fong Holdings Bhd Return-on-Tangible-Asset?

Seng Fong Holdings Bhd XKLS:5308 64 Return-on-Tangible-Asset is -2.17% as of Mar. 2026. GuruFocus rates XKLS:5308 with a GF Score™ of 64/100 and a GF Value™ of RM0.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,612 Chemicals companies, Seng Fong Holdings Bhd ranks worse than 73.14% 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. Seng Fong Holdings Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM-10 Mil. Seng Fong Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM441 Mil. Therefore, Seng Fong Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.17%.

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

XKLS:5308' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.22   Med: 9.18   Max: 19.27
Current: -0.22

During the past 7 years, Seng Fong Holdings Bhd's highest Return-on-Tangible-Asset was 19.27%. The lowest was -0.22%. And the median was 9.18%.

XKLS:5308's Return-on-Tangible-Asset is ranked worse than
73.14% of 1612 companies
in the Chemicals industry
Industry Median: 3.07 vs XKLS:5308: -0.22

Seng Fong Holdings Bhd  (XKLS:5308) 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.


Seng Fong Holdings Bhd Return-on-Tangible-Asset Related Terms


Seng Fong Holdings Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Seng Fong 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.

Seng Fong Holdings Bhd Return-on-Tangible-Asset Chart

Seng Fong Holdings Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 19.27 16.66 7.76 16.14 9.18

Seng Fong Holdings 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 8.35 3.35 -4.98 2.83 -2.17

XKLS:5308 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Seng Fong 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.


Seng Fong Holdings Bhd Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Seng Fong Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Seng Fong Holdings Bhd's Return-on-Tangible-Asset falls into.


XKLS:5308
64GF Score
Seng Fong Holdings Bhd XKLS:5308
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seng Fong Holdings Bhd Return-on-Tangible-Asset Calculation

Seng Fong Holdings Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=35.145/( (390.443+375.133)/ 2 )
=35.145/382.788
=9.18 %

Seng Fong Holdings 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 )
=-9.6/( (430.917+451.928)/ 2 )
=-9.6/441.4225
=-2.17 %

* 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 -2.17% mean?
Seng Fong Holdings Bhd (XKLS:5308) has a Return-on-Tangible-Asset of -2.17% 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 Seng Fong Holdings Bhd and its competitors. According to the industry distribution chart, Seng Fong Holdings Bhd ranks #1179 out of 1612 companies in the Chemicals industry, placing it in the top 73.1%.
Is Seng Fong Holdings Bhd's Return-on-Tangible-Asset too high?
Seng Fong Holdings Bhd's current Return-on-Tangible-Asset is -2.17%. Based on the distribution chart, Seng Fong Holdings Bhd ranks #1179 out of 1612 companies in the Chemicals industry, which is below the industry midpoint. Overall, Seng Fong Holdings Bhd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Seng Fong Holdings Bhd's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Seng Fong Holdings Bhd ranks #1179 out of 1612 companies for Return-on-Tangible-Asset. This places Seng Fong Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,612 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. 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 Seng Fong Holdings Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seng Fong Holdings Bhd's current Return-on-Tangible-Asset is -2.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seng Fong Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Seng Fong Holdings Bhd (XKLS:5308) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.83, compared to a current price of RM0.67 — trading 19.3% below its estimated fair value. The current Return-on-Tangible-Asset is -2.17%. Seng Fong Holdings Bhd's overall GF Score™ is 64/100 with 6 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 Seng Fong Holdings Bhd (XKLS:5308), the current Return-on-Tangible-Asset is -2.17% 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 Seng Fong Holdings Bhd (XKLS:5308) Overvalued in 2026?

Based on GuruFocus' analysis, Seng Fong Holdings Bhd stock appears to be undervalued. The current stock price of RM0.67 is trading 19.3% below its estimated GF Value™ of RM0.83. GuruFocus considers Seng Fong Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5308:

  • Return-on-Tangible-Asset: -2.17%
  • GF Value™: RM0.83 vs. price of RM0.67 (19.3% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seng Fong Holdings Bhd Business Description

Address No. 12, (Tingkat Bawah), Taman Sri Jeram, Jalan Bakri, Muar, JHR, MYS, 84000
Seng Fong Holdings Bhd is mainly engaged in investment holding and the provision of management services. It operates within a single business segment focused on the processing and sale of natural block rubber. The company sources raw materials such as cup lump mainly from domestic and international rubber traders, along with semi-processed rubber and value-added additives from international suppliers. It produces high-quality SMR Grade and Premium Grade block rubber. The company serves markets across Asia, Europe, Malaysia, and Oceania, with the majority of its revenue generated from Asia (excluding Malaysia).
64GF Score

Get the complete analysis for XKLS:5308

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

RM0.67
Price
RM0.83
GF Value