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Able Global BhdXKLS:7167 -0.64%91 Return-on-Tangible-Asset is 9.40% as of Mar. 2026, which is 9% above its 10-year median of 8.63. GuruFocus rates XKLS:7167 with a GF Score™ of 91/100 and a GF Value™ of RM1.74 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Able Global Bhd ranks better than 80.11% 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. Able Global Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM77.3 Mil. Able Global Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM822.4 Mil. Therefore, Able Global Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.40%.
The historical rank and industry rank for Able Global Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7167'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.43 Med: 8.63 Max: 10.84
Current: 9.65
During the past 13 years, Able Global Bhd's highest Return-on-Tangible-Asset was 10.84%. The lowest was 5.43%. And the median was 8.63%.
XKLS:7167's Return-on-Tangible-Asset is ranked better than 80.11% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs XKLS:7167: 9.65
Able Global Bhd (XKLS:7167) 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.
Able Global Bhd Return-on-Tangible-Asset Related Terms
Able Global Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Able Global 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:7167 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Able Global 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.
Able Global Bhd Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Able Global 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 9.40% mean?
Able Global Bhd (XKLS:7167) has a Return-on-Tangible-Asset of 9.40% 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 Able Global Bhd and its competitors. This is near median its historical median of 8.63. Over the past decade, Able Global Bhd's Return-on-Tangible-Asset has ranged from 5.43 to 10.84. According to the industry distribution chart, Able Global Bhd ranks #397 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 19.9%.
Is Able Global Bhd's Return-on-Tangible-Asset too high?
Able Global Bhd's current Return-on-Tangible-Asset of 9.40% is near median its 10-year median of 8.63. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 10.84. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Able Global Bhd's value of 9.40% is 168.6% above this industry median. Based on the distribution chart, Able Global Bhd ranks #397 out of 1996 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Able Global Bhd has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Able Global Bhd's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Able Global Bhd ranks #397 out of 1996 companies for Return-on-Tangible-Asset. This places Able Global Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. Able Global Bhd's value of 9.40% is 168.6% above this benchmark. Historically, Able Global Bhd's own Return-on-Tangible-Asset has ranged from 5.43 to 10.84 over the past decade. While the company's 10-year median is 8.63 vs. the industry median of 3.50, Able Global 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.50, based on 1,996 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. Able Global Bhd's current Return-on-Tangible-Asset of 9.40% is 168.6% 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 Able Global Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Able Global Bhd's current Return-on-Tangible-Asset is 9.40%, which is near median its own 10-year median of 8.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Able Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Able Global Bhd (XKLS:7167) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.74, compared to a current price of RM1.55 — trading 10.9% below its estimated fair value. The current Return-on-Tangible-Asset is 9.40%, which is near median its 10-year median of 8.63 and 168.6% above the Consumer Packaged Goods industry median of 3.50. Able Global Bhd's overall GF Score™ is 91/100 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 Able Global Bhd (XKLS:7167), the current Return-on-Tangible-Asset is 9.40% 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 Able Global Bhd (XKLS:7167) Overvalued in 2026?
Based on GuruFocus' analysis, Able Global Bhd stock appears to be undervalued.
The current stock price of RM1.55 is trading 10.9% below its estimated GF Value™ of RM1.74.
GuruFocus considers Able Global Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7167:
Return-on-Tangible-Asset: 9.40% (near median its 10-year median of 8.63)
GF Value™: RM1.74 vs. price of RM1.55 (10.9% below fair value)
Industry Position: 168.6% above the Consumer Packaged Goods median (#397 of 1996)
No single metric tells the full story. See the XKLS:7167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Able Global Bhd is mainly engaged in investment holding and management services. The company operates in four main segments: Investment Holding, Tin Manufacturing, Property Development, and Food and Beverage. The Investment Holding segment provides investment holding and management services. The Tin Manufacturing segment is involved in the production of various tins, cans, and other containers. The Food and Beverage segment is responsible for manufacturing and selling milk and other dairy-related products. The Property Development segment is involved in property development activities. It derives the majority of its revenue from the Food and Beverage segment and has a presence in various countries, including Malaysia, Africa, Central America, Europe, and Other Countries.
91GF Score
Get the complete analysis for XKLS:7167
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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