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MKH BhdXKLS:6114 42 Return-on-Tangible-Asset is 3.49% as of Mar. 2026, which is 40% above its 10-year median of 2.50. GuruFocus rates XKLS:6114 with a GF Score™ of 42/100 and a GF Value™ of RM0.91 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,801 Real Estate companies, MKH Bhd ranks better than 58.63% 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. MKH Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM111.9 Mil. MKH Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM3,204.9 Mil. Therefore, MKH Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.49%.
The historical rank and industry rank for MKH Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:6114'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.28 Med: 2.5 Max: 7.12
Current: 2.6
During the past 13 years, MKH Bhd's highest Return-on-Tangible-Asset was 7.12%. The lowest was 1.28%. And the median was 2.50%.
XKLS:6114's Return-on-Tangible-Asset is ranked better than 58.63% of 1801
companies
in the Real Estate industry
Industry Median: 1.72
vs XKLS:6114: 2.60
MKH Bhd (XKLS:6114) 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.
MKH Bhd Return-on-Tangible-Asset Related Terms
MKH Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MKH 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.
MKH Bhd Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, MKH 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.
MKH Bhd Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MKH Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MKH 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 3.49% mean?
MKH Bhd (XKLS:6114) has a Return-on-Tangible-Asset of 3.49% 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 MKH Bhd and its competitors. This is 40% above median its historical median of 2.50. Over the past decade, MKH Bhd's Return-on-Tangible-Asset has ranged from 1.28 to 7.12. According to the industry distribution chart, MKH Bhd ranks #745 out of 1801 companies in the Real Estate industry, placing it in the top 41.4%.
Is MKH Bhd's Return-on-Tangible-Asset too high?
MKH Bhd's current Return-on-Tangible-Asset of 3.49% is 40% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 7.12. The Real Estate industry median Return-on-Tangible-Asset is 1.72. MKH Bhd's value of 3.49% is 102.9% above this industry median. Based on the distribution chart, MKH Bhd ranks #745 out of 1801 companies in the Real Estate industry, which is above the industry midpoint. Overall, MKH Bhd has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKH Bhd's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, MKH Bhd ranks #745 out of 1801 companies for Return-on-Tangible-Asset. This puts MKH Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.72. MKH Bhd's value of 3.49% is 102.9% above this benchmark. Historically, MKH Bhd's own Return-on-Tangible-Asset has ranged from 1.28 to 7.12 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.72, MKH 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.72, based on 1,801 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. MKH Bhd's current Return-on-Tangible-Asset of 3.49% is 102.9% 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 MKH Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKH Bhd's current Return-on-Tangible-Asset is 3.49%, which is 40% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKH Bhd stock overvalued right now?
Based on GuruFocus' analysis, MKH Bhd (XKLS:6114) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.91, compared to a current price of RM1.96 — trading 115.4% above its estimated fair value. The current Return-on-Tangible-Asset is 3.49%, which is 40% above median its 10-year median of 2.50 and 102.9% above the Real Estate industry median of 1.72. MKH Bhd's overall GF Score™ is 42/100 with 12 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 MKH Bhd (XKLS:6114), the current Return-on-Tangible-Asset is 3.49% 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 MKH Bhd (XKLS:6114) Overvalued in 2026?
Based on GuruFocus' analysis, MKH Bhd stock appears to be overvalued.
The current stock price of RM1.96 is trading 115.4% above its estimated GF Value™ of RM0.91.
GuruFocus considers MKH Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:6114:
Return-on-Tangible-Asset: 3.49% (40% above median its 10-year median of 2.50)
GF Value™: RM0.91 vs. price of RM1.96 (115.4% above fair value)
Industry Position: 102.9% above the Real Estate median (#745 of 1801)
No single metric tells the full story. See the XKLS:6114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MKH Bhd is an investment holding and management service company. The group's principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; Trading; Manufacturing and Investment holding. It generates maximum revenue from Property Development and Construction segment. Geographically, it derives a majority of its revenue from Malaysia.
42GF Score
Get the complete analysis for XKLS:6114
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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