Amway Malaysia Holdings Bhd (XKLS:6351) Return-on-Tangible-Asset: 4.56% (As of Mar. 2026) — 65% Below Median

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XKLS:6351 Amway Malaysia Holdings Bhd XKLS:6351
84 GF Score
Price RM4.65
GF Value RM4.87
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Amway Malaysia Holdings Bhd Return-on-Tangible-Asset?

Amway Malaysia Holdings Bhd XKLS:6351 +1.97% 84 Return-on-Tangible-Asset is 4.56% as of Mar. 2026, which is 65% below its 10-year median of 13.09. GuruFocus rates XKLS:6351 with a GF Score™ of 84/100 and a GF Value™ of RM4.87 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Amway Malaysia Holdings Bhd ranks better than 73.77% 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. Amway Malaysia Holdings Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM23 Mil. Amway Malaysia Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM501 Mil. Therefore, Amway Malaysia Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.56%.

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

XKLS:6351' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.48   Med: 13.09   Max: 20.13
Current: 7.48

During the past 13 years, Amway Malaysia Holdings Bhd's highest Return-on-Tangible-Asset was 20.13%. The lowest was 7.48%. And the median was 13.09%.

XKLS:6351's Return-on-Tangible-Asset is ranked better than
73.77% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 2.92 vs XKLS:6351: 7.48

Amway Malaysia Holdings Bhd  (XKLS:6351) 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.


Amway Malaysia Holdings Bhd Return-on-Tangible-Asset Related Terms


Amway Malaysia Holdings Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Amway Malaysia 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.

Amway Malaysia Holdings Bhd Return-on-Tangible-Asset Chart

Amway Malaysia Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.54 14.50 20.13 17.72 8.86

Amway Malaysia 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 10.70 1.97 11.04 11.62 4.56

XKLS:6351 vs CASY, WSM, ULTA: Return-on-Tangible-Asset Comparison

For the Specialty Retail subindustry, Amway Malaysia 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.


Amway Malaysia Holdings Bhd Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amway Malaysia Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


XKLS:6351
84GF Score
Amway Malaysia Holdings Bhd XKLS:6351
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amway Malaysia Holdings Bhd Return-on-Tangible-Asset Calculation

Amway Malaysia Holdings 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 )
=45.268/( (524.701+496.929)/ 2 )
=45.268/510.815
=8.86 %

Amway Malaysia 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 )
=22.868/( (496.929+504.997)/ 2 )
=22.868/500.963
=4.56 %

* 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 4.56% mean?
Amway Malaysia Holdings Bhd (XKLS:6351) has a Return-on-Tangible-Asset of 4.56% 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 Amway Malaysia Holdings Bhd and its competitors. This is 65% below median its historical median of 13.09. Over the past decade, Amway Malaysia Holdings Bhd's Return-on-Tangible-Asset has ranged from 7.48 to 20.13. According to the industry distribution chart, Amway Malaysia Holdings Bhd ranks #298 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 26.2%.
Is Amway Malaysia Holdings Bhd's Return-on-Tangible-Asset too high?
Amway Malaysia Holdings Bhd's current Return-on-Tangible-Asset of 4.56% is 65% below median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 20.13. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.92. Amway Malaysia Holdings Bhd's value of 4.56% is 56.2% above this industry median. Based on the distribution chart, Amway Malaysia Holdings Bhd ranks #298 out of 1136 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Amway Malaysia Holdings Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amway Malaysia Holdings Bhd's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Amway Malaysia Holdings Bhd ranks #298 out of 1136 companies for Return-on-Tangible-Asset. This puts Amway Malaysia Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.92. Amway Malaysia Holdings Bhd's value of 4.56% is 56.2% above this benchmark. Historically, Amway Malaysia Holdings Bhd's own Return-on-Tangible-Asset has ranged from 7.48 to 20.13 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 2.92, Amway Malaysia 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.92, based on 1,136 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. Amway Malaysia Holdings Bhd's current Return-on-Tangible-Asset of 4.56% is 56.2% 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 Amway Malaysia Holdings Bhd and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amway Malaysia Holdings Bhd's current Return-on-Tangible-Asset is 4.56%, which is 65% below median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amway Malaysia Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Amway Malaysia Holdings Bhd (XKLS:6351) is currently considered Fairly Valued. The stock's GF Value™ is RM4.87, compared to a current price of RM4.65 — trading 4.5% below its estimated fair value. The current Return-on-Tangible-Asset is 4.56%, which is 65% below median its 10-year median of 13.09 and 56.2% above the Retail - Cyclical industry median of 2.92. Amway Malaysia Holdings Bhd's overall GF Score™ is 84/100 with 3 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 Amway Malaysia Holdings Bhd (XKLS:6351), the current Return-on-Tangible-Asset is 4.56% 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 Amway Malaysia Holdings Bhd (XKLS:6351) Overvalued in 2026?

Based on GuruFocus' analysis, Amway Malaysia Holdings Bhd stock appears to be undervalued. The current stock price of RM4.65 is trading 4.5% below its estimated GF Value™ of RM4.87. GuruFocus considers Amway Malaysia Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:6351:

  • Return-on-Tangible-Asset: 4.56% (65% below median its 10-year median of 13.09)
  • GF Value™: RM4.87 vs. price of RM4.65 (4.5% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 56.2% above the Retail - Cyclical median (#298 of 1136)

No single metric tells the full story. See the XKLS:6351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amway Malaysia Holdings Bhd Business Description

Address 28, Jalan, 51A/223, Petaling Jaya, SGR, MYS, 46100
Amway Malaysia Holdings Bhd is engaged in the distribution of consumer products under the Amway' trademark. The Group has only one business segment which is the distribution of consumer products principally under the Amway trademark. The company manufactures consumer products in the nutrition, beauty and home categories that are sold exclusively through Amway Business Owners. It has taken an initiative with Amway affiliates in Singapore, Thailand, Vietnam, Indonesia, Philippines, and Australia. The company also has an ARTISTRY SUPREME LX Regenerating Cream and Eye Cream under its skincare range and home categories that are sold exclusively through Amway Business Owners.
84GF Score

Get the complete analysis for XKLS:6351

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

RM4.65
Price
RM4.87
GF Value