UMS-Neiken Group Bhd (XKLS:7227) Return-on-Tangible-Asset: 1.84% (As of Mar. 2026) — 70% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:7227 UMS-Neiken Group Bhd XKLS:7227
56 GF Score
Price RM0.90
GF Value RM0.95
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is UMS-Neiken Group Bhd Return-on-Tangible-Asset?

UMS-Neiken Group Bhd XKLS:7227 +2.27% 56 Return-on-Tangible-Asset is 1.84% as of Mar. 2026, which is 70% below its 10-year median of 6.11. GuruFocus rates XKLS:7227 with a GF Score™ of 56/100 and a GF Value™ of RM0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,079 Industrial Products companies, UMS-Neiken Group Bhd ranks worse than 53.26% 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. UMS-Neiken Group Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM2.30 Mil. UMS-Neiken Group Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM125.20 Mil. Therefore, UMS-Neiken Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.84%.

The historical rank and industry rank for UMS-Neiken Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:7227' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.78   Med: 6.11   Max: 9.7
Current: 2.78

During the past 13 years, UMS-Neiken Group Bhd's highest Return-on-Tangible-Asset was 9.70%. The lowest was 2.78%. And the median was 6.11%.

XKLS:7227's Return-on-Tangible-Asset is ranked worse than
53.26% of 3079 companies
in the Industrial Products industry
Industry Median: 3.28 vs XKLS:7227: 2.78

UMS-Neiken Group Bhd  (XKLS:7227) 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 company’s 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 company’s 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.


UMS-Neiken Group Bhd Return-on-Tangible-Asset Related Terms


UMS-Neiken Group Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for UMS-Neiken Group 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.

UMS-Neiken Group Bhd Return-on-Tangible-Asset Chart

UMS-Neiken Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 7.79 3.84 4.01 3.22

UMS-Neiken Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 3.25 3.37 2.62 1.84

XKLS:7227 vs VRT, BE: Return-on-Tangible-Asset Comparison

For the Electrical Equipment & Parts subindustry, UMS-Neiken Group 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.


UMS-Neiken Group Bhd Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, UMS-Neiken Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where UMS-Neiken Group Bhd's Return-on-Tangible-Asset falls into.


XKLS:7227
56GF Score
UMS-Neiken Group Bhd XKLS:7227
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UMS-Neiken Group Bhd Return-on-Tangible-Asset Calculation

UMS-Neiken Group Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=4.067/( (125.61+127.164)/ 2 )
=4.067/126.387
=3.22 %

UMS-Neiken Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2.3/( (127.164+123.229)/ 2 )
=2.3/125.1965
=1.84 %

* 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 1.84% mean?
UMS-Neiken Group Bhd (XKLS:7227) has a Return-on-Tangible-Asset of 1.84% 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 UMS-Neiken Group Bhd and its competitors. This is 70% below median its historical median of 6.11. Over the past decade, UMS-Neiken Group Bhd's Return-on-Tangible-Asset has ranged from 2.78 to 9.70. According to the industry distribution chart, UMS-Neiken Group Bhd ranks #1640 out of 3079 companies in the Industrial Products industry, placing it in the top 53.3%.
Is UMS-Neiken Group Bhd's Return-on-Tangible-Asset too high?
UMS-Neiken Group Bhd's current Return-on-Tangible-Asset of 1.84% is 70% below median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 9.70. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. UMS-Neiken Group Bhd's value of 1.84% is 43.9% below this industry median. Based on the distribution chart, UMS-Neiken Group Bhd ranks #1640 out of 3079 companies in the Industrial Products industry, which is below the industry midpoint. Overall, UMS-Neiken Group Bhd has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UMS-Neiken Group Bhd's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, UMS-Neiken Group Bhd ranks #1640 out of 3079 companies for Return-on-Tangible-Asset. This places UMS-Neiken Group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. UMS-Neiken Group Bhd's value of 1.84% is 43.9% below this benchmark. Historically, UMS-Neiken Group Bhd's own Return-on-Tangible-Asset has ranged from 2.78 to 9.70 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 3.28, UMS-Neiken Group 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 3.28, based on 3,079 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. UMS-Neiken Group Bhd's current Return-on-Tangible-Asset of 1.84% is 43.9% 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 UMS-Neiken Group Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UMS-Neiken Group Bhd's current Return-on-Tangible-Asset is 1.84%, which is 70% below median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMS-Neiken Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, UMS-Neiken Group Bhd (XKLS:7227) is currently considered Fairly Valued. The stock's GF Value™ is RM0.95, compared to a current price of RM0.90 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.84%, which is 70% below median its 10-year median of 6.11 and 43.9% below the Industrial Products industry median of 3.28. UMS-Neiken Group Bhd's overall GF Score™ is 56/100 with 5 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 UMS-Neiken Group Bhd (XKLS:7227), the current Return-on-Tangible-Asset is 1.84% 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 UMS-Neiken Group Bhd (XKLS:7227) Overvalued in 2026?

Based on GuruFocus' analysis, UMS-Neiken Group Bhd stock appears to be undervalued. The current stock price of RM0.90 is trading 5.3% below its estimated GF Value™ of RM0.95. GuruFocus considers UMS-Neiken Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:7227:

  • Return-on-Tangible-Asset: 1.84% (70% below median its 10-year median of 6.11)
  • GF Value™: RM0.95 vs. price of RM0.90 (5.3% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 43.9% below the Industrial Products median (#1640 of 3079)

No single metric tells the full story. See the XKLS:7227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UMS-Neiken Group Bhd Business Description

Address Lot 48, Jalan Industri 2/1, Rawang Integrated Industrial Park, Rawang, MYS, 48000
UMS-Neiken Group Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, manufacturing, and trading of electrical wiring accessories, and related electric products. The products of the company include different types of switches, sockets, plugs, starters, weatherproof covers, and others. Geographically, the group has a business presence in Malaysia, Vietnam, and Singapore, out of which key revenue is derived from Malaysia.
56GF Score

Get the complete analysis for XKLS:7227

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.90
Price
RM0.95
GF Value