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Kossan Rubber Industries BhdXKLS:7153 -1.89%69 Return-on-Tangible-Asset is 3.85% as of Mar. 2026, which is 61% below its 10-year median of 9.97. GuruFocus rates XKLS:7153 with a GF Score™ of 69/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Kossan Rubber Industries Bhd ranks better than 61.87% on this metric.
The historical rank and industry rank for Kossan Rubber Industries Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7153'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.31 Med: 9.97 Max: 65.59
Current: 3.81
During the past 13 years, Kossan Rubber Industries Bhd's highest Return-on-Tangible-Asset was 65.59%. The lowest was 0.31%. And the median was 9.97%.
XKLS:7153's Return-on-Tangible-Asset is ranked better than 61.87% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 0.62
vs XKLS:7153: 3.81
Kossan Rubber Industries Bhd (XKLS:7153) 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.
Kossan Rubber Industries Bhd Return-on-Tangible-Asset Related Terms
Kossan Rubber Industries Bhd Return-on-Tangible-Asset Historical Data
* 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.
Kossan Rubber Industries Bhd Return-on-Tangible-Asset Chart
XKLS:7153 vs ISRG, BDX, MDLN: Return-on-Tangible-Asset Comparison
For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries 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.
Kossan Rubber Industries Bhd Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kossan Rubber Industries 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 3.85% mean?
Kossan Rubber Industries Bhd (XKLS:7153) has a Return-on-Tangible-Asset of 3.85% 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 Kossan Rubber Industries Bhd and its competitors. This is 61% below median its historical median of 9.97. Over the past decade, Kossan Rubber Industries Bhd's Return-on-Tangible-Asset has ranged from 0.31 to 65.59. According to the industry distribution chart, Kossan Rubber Industries Bhd ranks #326 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 38.1%.
Is Kossan Rubber Industries Bhd's Return-on-Tangible-Asset too high?
Kossan Rubber Industries Bhd's current Return-on-Tangible-Asset of 3.85% is 61% below median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 65.59. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.62. Kossan Rubber Industries Bhd's value of 3.85% is 521% above this industry median. Based on the distribution chart, Kossan Rubber Industries Bhd ranks #326 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Kossan Rubber Industries Bhd has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kossan Rubber Industries Bhd's Return-on-Tangible-Asset compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Kossan Rubber Industries Bhd ranks #326 out of 855 companies for Return-on-Tangible-Asset. This puts Kossan Rubber Industries Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.62. Kossan Rubber Industries Bhd's value of 3.85% is 521% above this benchmark. Historically, Kossan Rubber Industries Bhd's own Return-on-Tangible-Asset has ranged from 0.31 to 65.59 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 0.62, Kossan Rubber Industries 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.62, based on 855 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. Kossan Rubber Industries Bhd's current Return-on-Tangible-Asset of 3.85% is 521% 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 Kossan Rubber Industries Bhd and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kossan Rubber Industries Bhd's current Return-on-Tangible-Asset is 3.85%, which is 61% below median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kossan Rubber Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kossan Rubber Industries Bhd (XKLS:7153) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM1.04 — trading 37% below its estimated fair value. The current Return-on-Tangible-Asset is 3.85%, which is 61% below median its 10-year median of 9.97 and 521% above the Medical Devices & Instruments industry median of 0.62. Kossan Rubber Industries Bhd's overall GF Score™ is 69/100 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 Kossan Rubber Industries Bhd (XKLS:7153), the current Return-on-Tangible-Asset is 3.85% 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 Kossan Rubber Industries Bhd (XKLS:7153) Overvalued in 2026?
Based on GuruFocus' analysis, Kossan Rubber Industries Bhd stock appears to be undervalued.
The current stock price of RM1.04 is trading 37% below its estimated GF Value™ of RM1.65.
GuruFocus considers Kossan Rubber Industries Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7153:
Return-on-Tangible-Asset: 3.85% (61% below median its 10-year median of 9.97)
GF Value™: RM1.65 vs. price of RM1.04 (37% below fair value)
Industry Position: 521% above the Medical Devices & Instruments median (#326 of 855)
No single metric tells the full story. See the XKLS:7153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm's segments are: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated from Malaysia, while it also has its presence outside Malaysia.
69GF Score
Get the complete analysis for XKLS:7153
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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