TMK Chemical Bhd (XKLS:5330) Return-on-Tangible-Asset: 9.67% (As of Mar. 2026) — Near Median

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:5330 TMK Chemical Bhd XKLS:5330
18 GF Score
Price RM2.41
! 7 Warning Signs
View Full Analysis

What is TMK Chemical Bhd Return-on-Tangible-Asset?

TMK Chemical Bhd XKLS:5330 +0.84% 18 Return-on-Tangible-Asset is 9.67% as of Mar. 2026, which is 5% above its 10-year median of 9.17. GuruFocus rates XKLS:5330 with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,612 Chemicals companies, TMK Chemical Bhd ranks better than 82.94% 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. TMK Chemical Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM121 Mil. TMK Chemical Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM1,247 Mil. Therefore, TMK Chemical Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.67%.

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

XKLS:5330' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.39   Med: 9.17   Max: 16.71
Current: 8.54

During the past 5 years, TMK Chemical Bhd's highest Return-on-Tangible-Asset was 16.71%. The lowest was 7.39%. And the median was 9.17%.

XKLS:5330's Return-on-Tangible-Asset is ranked better than
82.94% of 1612 companies
in the Chemicals industry
Industry Median: 3.07 vs XKLS:5330: 8.54

TMK Chemical Bhd  (XKLS:5330) 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.


TMK Chemical Bhd Return-on-Tangible-Asset Related Terms


TMK Chemical Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for TMK Chemical 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.

TMK Chemical Bhd Return-on-Tangible-Asset Chart

TMK Chemical Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
16.00 16.71 8.76 9.17 7.39

TMK Chemical Bhd Quarterly Data
Dec21 Dec22 Dec23 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 6.24 6.69 8.48 9.45 9.67

XKLS:5330 vs DOW: Return-on-Tangible-Asset Comparison

For the Chemicals subindustry, TMK Chemical 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.


TMK Chemical Bhd Return-on-Tangible-Asset vs Chemicals Industry

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

* The bar in red indicates where TMK Chemical Bhd's Return-on-Tangible-Asset falls into.


XKLS:5330
18GF Score
TMK Chemical Bhd XKLS:5330
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TMK Chemical Bhd Return-on-Tangible-Asset Calculation

TMK Chemical 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 )
=97.212/( (1362.552+1268.793)/ 2 )
=97.212/1315.6725
=7.39 %

TMK Chemical 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 )
=120.552/( (1268.793+1224.6)/ 2 )
=120.552/1246.6965
=9.67 %

* 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 9.67% mean?
TMK Chemical Bhd (XKLS:5330) has a Return-on-Tangible-Asset of 9.67% 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 TMK Chemical Bhd and its competitors. This is near median its historical median of 9.17. Over the past decade, TMK Chemical Bhd's Return-on-Tangible-Asset has ranged from 7.39 to 16.71. According to the industry distribution chart, TMK Chemical Bhd ranks #275 out of 1612 companies in the Chemicals industry, placing it in the top 17.1%.
Is TMK Chemical Bhd's Return-on-Tangible-Asset too high?
TMK Chemical Bhd's current Return-on-Tangible-Asset of 9.67% is near median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 7.39 to a high of 16.71. The Chemicals industry median Return-on-Tangible-Asset is 3.07. TMK Chemical Bhd's value of 9.67% is 215% above this industry median. Based on the distribution chart, TMK Chemical Bhd ranks #275 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, TMK Chemical Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does TMK Chemical Bhd's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, TMK Chemical Bhd ranks #275 out of 1612 companies for Return-on-Tangible-Asset. This places TMK Chemical Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.07. TMK Chemical Bhd's value of 9.67% is 215% above this benchmark. Historically, TMK Chemical Bhd's own Return-on-Tangible-Asset has ranged from 7.39 to 16.71 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 3.07, TMK Chemical 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 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. TMK Chemical Bhd's current Return-on-Tangible-Asset of 9.67% is 215% 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 TMK Chemical 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. TMK Chemical Bhd's current Return-on-Tangible-Asset is 9.67%, which is near median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK Chemical Bhd stock overvalued right now?
TMK Chemical Bhd (XKLS:5330) has a current Return-on-Tangible-Asset of 9.67%. The current Return-on-Tangible-Asset is 9.67%, which is near median its 10-year median of 9.17 and 215% above the Chemicals industry median of 3.07. TMK Chemical Bhd's overall GF Score™ is 18/100 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 TMK Chemical Bhd (XKLS:5330), the current Return-on-Tangible-Asset is 9.67% 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.

TMK Chemical Bhd Business Description

Address Jalan PJU 1A/2, Blok B2, No. 2, B2-6-01, Meritus at Oasis Corporate Park, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
TMK Chemical Bhd provides a range of chemical manufacturing, chemical distribution, storage, and logistics services to satisfy the industrial needs of businesses for various markets. The company operates in the following divisions: Provision of total chemical management, Provision of chemical terminal services, and Others. The majority of its revenue is generated from the Provision of total chemical management business, which provides sourcing, processing, distribution, and manufacturing services for inorganic chemicals and value-added services, including chemical processing services, and the provision of handling and storage services. Geographically, the Group generates maximum revenue from Malaysia, and the rest from Singapore, Vietnam, Indonesia, Brunei, and other regions.
18GF Score

Get the complete analysis for XKLS:5330

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

RM2.41
Price