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Fiamma Holdings BhdXKLS:6939 74 Return-on-Tangible-Asset is 4.32% as of Mar. 2026, which is 1% above its 10-year median of 4.28. GuruFocus rates XKLS:6939 with a GF Score™ of 74/100 and a GF Value™ of RM1.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Fiamma Holdings Bhd ranks better than 61.52% 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. Fiamma Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM43.0 Mil. Fiamma Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM995.0 Mil. Therefore, Fiamma Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.32%.
The historical rank and industry rank for Fiamma Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:6939'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.14 Med: 4.28 Max: 10.05
Current: 4.08
During the past 13 years, Fiamma Holdings Bhd's highest Return-on-Tangible-Asset was 10.05%. The lowest was 3.14%. And the median was 4.28%.
XKLS:6939's Return-on-Tangible-Asset is ranked better than 61.52% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.335
vs XKLS:6939: 4.08
Fiamma Holdings Bhd (XKLS:6939) 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.
Fiamma Holdings Bhd Return-on-Tangible-Asset Related Terms
Fiamma Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Fiamma 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.
Fiamma Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:6939 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Fiamma 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.
Fiamma Holdings Bhd Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiamma Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fiamma Holdings 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 4.32% mean?
Fiamma Holdings Bhd (XKLS:6939) has a Return-on-Tangible-Asset of 4.32% 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 Fiamma Holdings Bhd and its competitors. This is near median its historical median of 4.28. Over the past decade, Fiamma Holdings Bhd's Return-on-Tangible-Asset has ranged from 3.14 to 10.05. According to the industry distribution chart, Fiamma Holdings Bhd ranks #167 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 38.5%.
Is Fiamma Holdings Bhd's Return-on-Tangible-Asset too high?
Fiamma Holdings Bhd's current Return-on-Tangible-Asset of 4.32% is near median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 10.05. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.34. Fiamma Holdings Bhd's value of 4.32% is 85% above this industry median. Based on the distribution chart, Fiamma Holdings Bhd ranks #167 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Fiamma Holdings Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiamma Holdings Bhd's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Fiamma Holdings Bhd ranks #167 out of 434 companies for Return-on-Tangible-Asset. This puts Fiamma Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.34. Fiamma Holdings Bhd's value of 4.32% is 85% above this benchmark. Historically, Fiamma Holdings Bhd's own Return-on-Tangible-Asset has ranged from 3.14 to 10.05 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 2.34, Fiamma 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.34, based on 434 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. Fiamma Holdings Bhd's current Return-on-Tangible-Asset of 4.32% is 85% 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 Fiamma Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiamma Holdings Bhd's current Return-on-Tangible-Asset is 4.32%, which is near median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiamma Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fiamma Holdings Bhd (XKLS:6939) is currently considered Fairly Valued. The stock's GF Value™ is RM1.06, compared to a current price of RM1.07 — trading 0.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.32%, which is near median its 10-year median of 4.28 and 85% above the Furnishings, Fixtures & Appliances industry median of 2.34. Fiamma Holdings Bhd's overall GF Score™ is 74/100 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 Fiamma Holdings Bhd (XKLS:6939), the current Return-on-Tangible-Asset is 4.32% 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 Fiamma Holdings Bhd (XKLS:6939) Overvalued in 2026?
Based on GuruFocus' analysis, Fiamma Holdings Bhd stock appears to be overvalued.
The current stock price of RM1.07 is trading 0.9% above its estimated GF Value™ of RM1.06.
GuruFocus considers Fiamma Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:6939:
Return-on-Tangible-Asset: 4.32% (near median its 10-year median of 4.28)
GF Value™: RM1.06 vs. price of RM1.07 (0.9% above fair value)
Industry Position: 85% above the Furnishings, Fixtures & Appliances median (#167 of 434)
No single metric tells the full story. See the XKLS:6939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiamma Holdings Bhd is engaged in investment holding and property investment. The company's segment includes Investment holding and property investment, Property development, and Trading and services. It generates maximum revenue from the Trading and services segment. The Trading and services segment includes the distribution and servicing of electrical home appliances, sanitaryware, kitchen and wardrobe systems, and built-in furniture, other household products, bathroom accessories, medical devices, and healthcare products.
74GF Score
Get the complete analysis for XKLS:6939
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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