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P I E Industrial BhdXKLS:7095 68 Return-on-Tangible-Asset is -2.91% as of Mar. 2026. GuruFocus rates XKLS:7095 with a GF Score™ of 68/100 and a GF Value™ of RM2.44 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,501 Hardware companies, P I E Industrial Bhd ranks worse than 64.61% 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. P I E Industrial Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-23.0 Mil. P I E Industrial Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM790.8 Mil. Therefore, P I E Industrial Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.91%.
The historical rank and industry rank for P I E Industrial Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7095'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.22 Med: 7.75 Max: 9.41
Current: 0.22
During the past 13 years, P I E Industrial Bhd's highest Return-on-Tangible-Asset was 9.41%. The lowest was 0.22%. And the median was 7.75%.
XKLS:7095's Return-on-Tangible-Asset is ranked worse than 64.61% of 2501
companies
in the Hardware industry
Industry Median: 2.45
vs XKLS:7095: 0.22
P I E Industrial Bhd (XKLS:7095) 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.
P I E Industrial Bhd Return-on-Tangible-Asset Related Terms
P I E Industrial Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for P I E Industrial 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.
P I E Industrial Bhd Return-on-Tangible-Asset Chart
XKLS:7095 vs APH, GLW: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, P I E Industrial 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.
P I E Industrial Bhd Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, P I E Industrial Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where P I E Industrial 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 -2.91% mean?
P I E Industrial Bhd (XKLS:7095) has a Return-on-Tangible-Asset of -2.91% 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 P I E Industrial Bhd and its competitors. Over the past decade, P I E Industrial Bhd's Return-on-Tangible-Asset has ranged from 0.22 to 9.41. According to the industry distribution chart, P I E Industrial Bhd ranks #1616 out of 2501 companies in the Hardware industry, placing it in the top 64.6%.
Is P I E Industrial Bhd's Return-on-Tangible-Asset too high?
P I E Industrial Bhd's current Return-on-Tangible-Asset is -2.91%. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 9.41. Based on the distribution chart, P I E Industrial Bhd ranks #1616 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, P I E Industrial Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does P I E Industrial Bhd's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, P I E Industrial Bhd ranks #1616 out of 2501 companies for Return-on-Tangible-Asset. This places P I E Industrial Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.45. Historically, P I E Industrial Bhd's own Return-on-Tangible-Asset has ranged from 0.22 to 9.41 over the past decade. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,501 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. 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 P I E Industrial Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P I E Industrial Bhd's current Return-on-Tangible-Asset is -2.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P I E Industrial Bhd stock overvalued right now?
Based on GuruFocus' analysis, P I E Industrial Bhd (XKLS:7095) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.44, compared to a current price of RM1.47 — trading 39.8% below its estimated fair value. The current Return-on-Tangible-Asset is -2.91%. P I E Industrial Bhd's overall GF Score™ is 68/100 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 P I E Industrial Bhd (XKLS:7095), the current Return-on-Tangible-Asset is -2.91% 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 P I E Industrial Bhd (XKLS:7095) Overvalued in 2026?
Based on GuruFocus' analysis, P I E Industrial Bhd stock appears to be undervalued.
The current stock price of RM1.47 is trading 39.8% below its estimated GF Value™ of RM2.44.
GuruFocus considers P I E Industrial Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7095:
Return-on-Tangible-Asset: -2.91%
GF Value™: RM2.44 vs. price of RM1.47 (39.8% below fair value)
No single metric tells the full story. See the XKLS:7095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
P I E Industrial Bhd is principally involved in investment holding and the provision of management services. The group has three reportable segments: Manufacturing of industrial products, Trading of electrical materials, and Investment holding. The company engages in the Manufacturing of industrial products, including cables and wires for electronic devices, cable molding compounds, PCB assemblies, cable and wire harnesses for the computer, communications, and consumer electronics industries, and cable assemblies. Trading of electrical materials includes peripheral products of computers, telecommunication, consumer electronics, and cable assembly products. Geographically, the company operates in Malaysia, other Asia Pacific countries, Canada, the United States, Europe, and other countries.
68GF Score
Get the complete analysis for XKLS:7095
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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