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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.
DKSH Holdings Malaysia BhdXKLS:5908 -0.82%80 Return-on-Tangible-Asset is 5.76% as of Mar. 2026, which is 71% above its 10-year median of 3.37. GuruFocus rates XKLS:5908 with a GF Score™ of 80/100 and a GF Value™ of RM5.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 159 Industrial Distribution companies, DKSH Holdings Malaysia Bhd ranks better than 51.57% 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. DKSH Holdings Malaysia Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM198 Mil. DKSH Holdings Malaysia Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM3,444 Mil. Therefore, DKSH Holdings Malaysia Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.76%.
The historical rank and industry rank for DKSH Holdings Malaysia Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5908'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.74 Med: 3.37 Max: 4.79
Current: 4.69
During the past 13 years, DKSH Holdings Malaysia Bhd's highest Return-on-Tangible-Asset was 4.79%. The lowest was 1.74%. And the median was 3.37%.
XKLS:5908's Return-on-Tangible-Asset is ranked better than 51.57% of 159
companies
in the Industrial Distribution industry
Industry Median: 4.22
vs XKLS:5908: 4.69
DKSH Holdings Malaysia Bhd (XKLS:5908) 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.
DKSH Holdings Malaysia Bhd Return-on-Tangible-Asset Related Terms
DKSH Holdings Malaysia Bhd Return-on-Tangible-Asset Historical Data
* 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.
DKSH Holdings Malaysia Bhd Return-on-Tangible-Asset Chart
XKLS:5908 vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, DKSH Holdings Malaysia 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.
DKSH Holdings Malaysia Bhd Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, DKSH Holdings Malaysia Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where DKSH Holdings Malaysia 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 5.76% mean?
DKSH Holdings Malaysia Bhd (XKLS:5908) has a Return-on-Tangible-Asset of 5.76% 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 DKSH Holdings Malaysia Bhd and its competitors. This is 71% above median its historical median of 3.37. Over the past decade, DKSH Holdings Malaysia Bhd's Return-on-Tangible-Asset has ranged from 1.74 to 4.79. According to the industry distribution chart, DKSH Holdings Malaysia Bhd ranks #77 out of 159 companies in the Industrial Distribution industry, placing it in the top 48.4%.
Is DKSH Holdings Malaysia Bhd's Return-on-Tangible-Asset too high?
DKSH Holdings Malaysia Bhd's current Return-on-Tangible-Asset of 5.76% is 71% above median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 4.79. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.22. DKSH Holdings Malaysia Bhd's value of 5.76% is 36.5% above this industry median. Based on the distribution chart, DKSH Holdings Malaysia Bhd ranks #77 out of 159 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, DKSH Holdings Malaysia Bhd has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DKSH Holdings Malaysia Bhd's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, DKSH Holdings Malaysia Bhd ranks #77 out of 159 companies for Return-on-Tangible-Asset. This puts DKSH Holdings Malaysia Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.22. DKSH Holdings Malaysia Bhd's value of 5.76% is 36.5% above this benchmark. Historically, DKSH Holdings Malaysia Bhd's own Return-on-Tangible-Asset has ranged from 1.74 to 4.79 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 4.22, DKSH Holdings Malaysia 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.22, based on 159 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. DKSH Holdings Malaysia Bhd's current Return-on-Tangible-Asset of 5.76% is 36.5% 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 DKSH Holdings Malaysia Bhd and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DKSH Holdings Malaysia Bhd's current Return-on-Tangible-Asset is 5.76%, which is 71% above median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKSH Holdings Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, DKSH Holdings Malaysia Bhd (XKLS:5908) is currently considered Fairly Valued. The stock's GF Value™ is RM5.74, compared to a current price of RM6.05 — trading 5.4% above its estimated fair value. The current Return-on-Tangible-Asset is 5.76%, which is 71% above median its 10-year median of 3.37 and 36.5% above the Industrial Distribution industry median of 4.22. DKSH Holdings Malaysia Bhd's overall GF Score™ is 80/100 with 4 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 DKSH Holdings Malaysia Bhd (XKLS:5908), the current Return-on-Tangible-Asset is 5.76% 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 DKSH Holdings Malaysia Bhd (XKLS:5908) Overvalued in 2026?
Based on GuruFocus' analysis, DKSH Holdings Malaysia Bhd stock appears to be overvalued.
The current stock price of RM6.05 is trading 5.4% above its estimated GF Value™ of RM5.74.
GuruFocus considers DKSH Holdings Malaysia Bhd to be Fairly Valued.
Key valuation signals for XKLS:5908:
Return-on-Tangible-Asset: 5.76% (71% above median its 10-year median of 3.37)
GF Value™: RM5.74 vs. price of RM6.05 (5.4% above fair value)
Industry Position: 36.5% above the Industrial Distribution median (#77 of 159)
No single metric tells the full story. See the XKLS:5908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DKSH Holdings Malaysia Bhd company is principally an investment holding company. The principal activities of the Group are the provisioning of Market Expansion Services, which range from marketing, to providing sales force, distribution and logistics, invoicing and credit control, handling of inventory and returned goods and other value added services. These services are provided to consumer goods and healthcare clients. The Group also operates retail outlets selling Amos cookies, manufacturing and supplying of butter and margarine, and related bakery, confectionery and dairy products. The Group is organized into three main business segments Consumer Goods; Healthcare; and Others of which majority of revenue comes from Consumer Goods.
80GF Score
Get the complete analysis for XKLS:5908
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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