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Asia File BhdXKLS:7129 -0.77%64 Return-on-Tangible-Asset is 0.53% as of Mar. 2026, which is 91% below its 10-year median of 6.19. GuruFocus rates XKLS:7129 with a GF Score™ of 64/100 and a GF Value™ of RM1.53 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,073 Industrial Products companies, Asia File Bhd ranks worse than 70% 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. Asia File Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM3.9 Mil. Asia File Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM742.7 Mil. Therefore, Asia File Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.53%.
The historical rank and industry rank for Asia File Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7129'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.52 Med: 6.19 Max: 9.39
Current: 0.64
During the past 13 years, Asia File Bhd's highest Return-on-Tangible-Asset was 9.39%. The lowest was -5.52%. And the median was 6.19%.
XKLS:7129's Return-on-Tangible-Asset is ranked worse than 70% of 3073
companies
in the Industrial Products industry
Industry Median: 3.26
vs XKLS:7129: 0.64
Asia File Bhd (XKLS:7129) 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.
Asia File Bhd Return-on-Tangible-Asset Related Terms
Asia File Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asia File 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.
Asia File Bhd Return-on-Tangible-Asset Competitor Comparison
For the Business Equipment & Supplies subindustry, Asia File 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.
Asia File Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Asia File Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asia File 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 0.53% mean?
Asia File Bhd (XKLS:7129) has a Return-on-Tangible-Asset of 0.53% 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 Asia File Bhd and its competitors. This is 91% below median its historical median of 6.19. According to the industry distribution chart, Asia File Bhd ranks #2151 out of 3073 companies in the Industrial Products industry, placing it in the top 70%.
Is Asia File Bhd's Return-on-Tangible-Asset too high?
Asia File Bhd's current Return-on-Tangible-Asset of 0.53% is 91% below median its 10-year median of 6.19. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Asia File Bhd's value of 0.53% is 83.7% below this industry median. Based on the distribution chart, Asia File Bhd ranks #2151 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Asia File Bhd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia File Bhd's Return-on-Tangible-Asset compare to competitors?
According to the Industrial Products industry distribution chart, Asia File Bhd ranks #2151 out of 3073 companies for Return-on-Tangible-Asset. This places Asia File Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Asia File Bhd's value of 0.53% is 83.7% below this benchmark. While the company's 10-year median is 6.19 vs. the industry median of 3.26, Asia File Bhd has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,073 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. Asia File Bhd's current Return-on-Tangible-Asset of 0.53% is 83.7% below 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 Asia File Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia File Bhd's current Return-on-Tangible-Asset is 0.53%, which is 91% below median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia File Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia File Bhd (XKLS:7129) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.53, compared to a current price of RM1.29 — trading 15.7% below its estimated fair value. The current Return-on-Tangible-Asset is 0.53%, which is 91% below median its 10-year median of 6.19 and 83.7% below the Industrial Products industry median of 3.26. Asia File Bhd's overall GF Score™ is 64/100 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 Asia File Bhd (XKLS:7129), the current Return-on-Tangible-Asset is 0.53% 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 Asia File Bhd (XKLS:7129) Overvalued in 2026?
Based on GuruFocus' analysis, Asia File Bhd stock appears to be undervalued.
The current stock price of RM1.29 is trading 15.7% below its estimated GF Value™ of RM1.53.
GuruFocus considers Asia File Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7129:
Return-on-Tangible-Asset: 0.53% (91% below median its 10-year median of 6.19)
GF Value™: RM1.53 vs. price of RM1.29 (15.7% below fair value)
Industry Position: 83.7% below the Industrial Products median (#2151 of 3073)
No single metric tells the full story. See the XKLS:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia File Corp Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, it is engaged in the manufacturing and trading of stationery products, paper and plastic-based related products, and consumer and food ware products. Some of its products include plastic folders, sheet protectors, and flat files; filing/storage boxes; suspension files; clipboards and clipfolders; and others. The group's reportable segments include Filing products, which generate maximum revenue; and Industrial, consumer and food ware products. Geographically, the group generates maximum revenue from Europe, and the rest from Malaysia, Asia (excluding Malaysia), America, and other regions.
64GF Score
Get the complete analysis for XKLS:7129
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