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Ken Holdings BhdXKLS:7323 51 Return-on-Tangible-Asset is 0.62% as of Mar. 2026, which is 75% below its 10-year median of 2.51. GuruFocus rates XKLS:7323 with a GF Score™ of 51/100 and a GF Value™ of RM0.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,783 Construction companies, Ken Holdings Bhd ranks worse than 58.44% 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. Ken Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM2.62 Mil. Ken Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM424.18 Mil. Therefore, Ken Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.62%.
The historical rank and industry rank for Ken Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7323'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.59 Med: 2.51 Max: 14.1
Current: 1.87
During the past 13 years, Ken Holdings Bhd's highest Return-on-Tangible-Asset was 14.10%. The lowest was 0.59%. And the median was 2.51%.
XKLS:7323's Return-on-Tangible-Asset is ranked worse than 58.44% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs XKLS:7323: 1.87
Ken Holdings Bhd (XKLS:7323) 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.
Ken Holdings Bhd Return-on-Tangible-Asset Related Terms
Ken Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ken Holdings 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:7323 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Ken Holdings 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.
Ken Holdings Bhd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ken Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ken Holdings 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 0.62% mean?
Ken Holdings Bhd (XKLS:7323) has a Return-on-Tangible-Asset of 0.62% 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 Ken Holdings Bhd and its competitors. This is 75% below median its historical median of 2.51. Over the past decade, Ken Holdings Bhd's Return-on-Tangible-Asset has ranged from 0.59 to 14.10. According to the industry distribution chart, Ken Holdings Bhd ranks #1042 out of 1783 companies in the Construction industry, placing it in the top 58.4%.
Is Ken Holdings Bhd's Return-on-Tangible-Asset too high?
Ken Holdings Bhd's current Return-on-Tangible-Asset of 0.62% is 75% below median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 14.10. The Construction industry median Return-on-Tangible-Asset is 3.05. Ken Holdings Bhd's value of 0.62% is 79.7% below this industry median. Based on the distribution chart, Ken Holdings Bhd ranks #1042 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, Ken Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ken Holdings Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ken Holdings Bhd ranks #1042 out of 1783 companies for Return-on-Tangible-Asset. This places Ken Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Ken Holdings Bhd's value of 0.62% is 79.7% below this benchmark. Historically, Ken Holdings Bhd's own Return-on-Tangible-Asset has ranged from 0.59 to 14.10 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 3.05, Ken Holdings 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Ken Holdings Bhd's current Return-on-Tangible-Asset of 0.62% is 79.7% 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 Ken Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ken Holdings Bhd's current Return-on-Tangible-Asset is 0.62%, which is 75% below median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ken Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ken Holdings Bhd (XKLS:7323) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.46 — trading 9.8% below its estimated fair value. The current Return-on-Tangible-Asset is 0.62%, which is 75% below median its 10-year median of 2.51 and 79.7% below the Construction industry median of 3.05. Ken Holdings Bhd's overall GF Score™ is 51/100 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 Ken Holdings Bhd (XKLS:7323), the current Return-on-Tangible-Asset is 0.62% 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 Ken Holdings Bhd (XKLS:7323) Overvalued in 2026?
Based on GuruFocus' analysis, Ken Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.46 is trading 9.8% below its estimated GF Value™ of RM0.51.
GuruFocus considers Ken Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7323:
Return-on-Tangible-Asset: 0.62% (75% below median its 10-year median of 2.51)
GF Value™: RM0.51 vs. price of RM0.46 (9.8% below fair value)
Industry Position: 79.7% below the Construction median (#1042 of 1783)
No single metric tells the full story. See the XKLS:7323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ken Holdings Bhd is engaged in investment holding and the provision of management services. The company operates through three segments: Construction, Property Development, and Property Investment. The construction segment offers specialist engineering services, turnkey contracts, building and civil and engineering works, land reclamation, dredging, and marine and civil engineering. The Property Development segment engages in the development of residential and commercial properties.
51GF Score
Get the complete analysis for XKLS:7323
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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