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MCE Holdings BhdXKLS:7004 -0.67%78 Return-on-Tangible-Asset is 10.63% as of Apr. 2026, which is 4329% above its 10-year median of 0.24. GuruFocus rates XKLS:7004 with a GF Score™ of 78/100 and a GF Value™ of RM1.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,331 Vehicles & Parts companies, MCE Holdings Bhd ranks better than 79.79% 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. MCE Holdings Bhd's annualizedNet Income for the quarter that ended in Apr. 2026 was RM26.3 Mil. MCE Holdings Bhd's average total tangible assets for the quarter that ended in Apr. 2026 was RM247.6 Mil. Therefore, MCE Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 10.63%.
The historical rank and industry rank for MCE Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7004'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.42 Med: 0.24 Max: 10.98
Current: 7.64
During the past 13 years, MCE Holdings Bhd's highest Return-on-Tangible-Asset was 10.98%. The lowest was -6.42%. And the median was 0.24%.
XKLS:7004's Return-on-Tangible-Asset is ranked better than 79.79% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.16
vs XKLS:7004: 7.64
MCE Holdings Bhd (XKLS:7004) 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.
MCE Holdings Bhd Return-on-Tangible-Asset Related Terms
MCE Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MCE 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.
XKLS:7004 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, MCE 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.
MCE Holdings Bhd Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MCE 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.63% mean?
MCE Holdings Bhd (XKLS:7004) has a Return-on-Tangible-Asset of 10.63% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MCE Holdings Bhd and its competitors. This is 4329% above median its historical median of 0.24. According to the industry distribution chart, MCE Holdings Bhd ranks #269 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 20.2%.
Is MCE Holdings Bhd's Return-on-Tangible-Asset too high?
MCE Holdings Bhd's current Return-on-Tangible-Asset of 10.63% is 4329% above median its 10-year median of 0.24. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.16. MCE Holdings Bhd's value of 10.63% is 236.4% above this industry median. Based on the distribution chart, MCE Holdings Bhd ranks #269 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, MCE Holdings Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MCE Holdings Bhd's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MCE Holdings Bhd ranks #269 out of 1331 companies for Return-on-Tangible-Asset. This places MCE Holdings Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.16. MCE Holdings Bhd's value of 10.63% is 236.4% above this benchmark. While the company's 10-year median is 0.24 vs. the industry median of 3.16, MCE 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.16, based on 1,331 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. MCE Holdings Bhd's current Return-on-Tangible-Asset of 10.63% is 236.4% 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 MCE Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCE Holdings Bhd's current Return-on-Tangible-Asset is 10.63%, which is 4329% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MCE Holdings Bhd (XKLS:7004) is currently considered Fairly Valued. The stock's GF Value™ is RM1.62, compared to a current price of RM1.49 — trading 8% below its estimated fair value. The current Return-on-Tangible-Asset is 10.63%, which is 4329% above median its 10-year median of 0.24 and 236.4% above the Vehicles & Parts industry median of 3.16. MCE Holdings Bhd's overall GF Score™ is 78/100 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 MCE Holdings Bhd (XKLS:7004), the current Return-on-Tangible-Asset is 10.63% as of Apr. 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 MCE Holdings Bhd (XKLS:7004) Overvalued in 2026?
Based on GuruFocus' analysis, MCE Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.49 is trading 8% below its estimated GF Value™ of RM1.62.
GuruFocus considers MCE Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:7004:
Return-on-Tangible-Asset: 10.63% (4329% above median its 10-year median of 0.24)
GF Value™: RM1.62 vs. price of RM1.49 (8% below fair value)
Industry Position: 236.4% above the Vehicles & Parts median (#269 of 1331)
No single metric tells the full story. See the XKLS:7004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.
78GF Score
Get the complete analysis for XKLS:7004
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