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The historical rank and industry rank for Boustead Heavy Industries Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:8133'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -69.78 Med: -2.05 Max: 10.52
Current: 2.73
During the past 13 years, Boustead Heavy Industries Bhd's highest Return-on-Tangible-Asset was 10.52%. The lowest was -69.78%. And the median was -2.05%.
XKLS:8133's Return-on-Tangible-Asset is ranked worse than 50.42% of 361
companies
in the Aerospace & Defense industry
Industry Median: 3.03
vs XKLS:8133: 2.73
Boustead Heavy Industries Bhd (XKLS:8133) 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.
Boustead Heavy Industries Bhd Return-on-Tangible-Asset Related Terms
Boustead Heavy 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.
Boustead Heavy Industries Bhd Return-on-Tangible-Asset Chart
XKLS:8133 vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Boustead Heavy 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.
Boustead Heavy Industries Bhd Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Boustead Heavy Industries Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Boustead Heavy 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 0.16% mean?
Boustead Heavy Industries Bhd (XKLS:8133) has a Return-on-Tangible-Asset of 0.16% 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 Boustead Heavy Industries Bhd and its competitors. According to the industry distribution chart, Boustead Heavy Industries Bhd ranks #182 out of 361 companies in the Aerospace & Defense industry, placing it in the top 50.4%.
Is Boustead Heavy Industries Bhd's Return-on-Tangible-Asset too high?
Boustead Heavy Industries Bhd's current Return-on-Tangible-Asset is 0.16%. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.03. Boustead Heavy Industries Bhd's value of 0.16% is 94.7% below this industry median. Based on the distribution chart, Boustead Heavy Industries Bhd ranks #182 out of 361 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Boustead Heavy Industries Bhd has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boustead Heavy Industries Bhd's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Boustead Heavy Industries Bhd ranks #182 out of 361 companies for Return-on-Tangible-Asset. This places Boustead Heavy Industries Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.03. Boustead Heavy Industries Bhd's value of 0.16% is 94.7% below this benchmark. 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.03, based on 361 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. Boustead Heavy Industries Bhd's current Return-on-Tangible-Asset of 0.16% is 94.7% 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 Boustead Heavy Industries Bhd and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Heavy Industries Bhd's current Return-on-Tangible-Asset is 0.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Heavy Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd (XKLS:8133) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.47 — trading 38.2% above its estimated fair value. The current Return-on-Tangible-Asset is 0.16% and 94.7% below the Aerospace & Defense industry median of 3.03. Boustead Heavy Industries Bhd's overall GF Score™ is 24/100 with 8 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 Boustead Heavy Industries Bhd (XKLS:8133), the current Return-on-Tangible-Asset is 0.16% 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 Boustead Heavy Industries Bhd (XKLS:8133) Overvalued in 2026?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd stock appears to be overvalued.
The current stock price of RM0.47 is trading 38.2% above its estimated GF Value™ of RM0.34.
GuruFocus considers Boustead Heavy Industries Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:8133:
Return-on-Tangible-Asset: 0.16%
GF Value™: RM0.34 vs. price of RM0.47 (38.2% above fair value)
Industry Position: 94.7% below the Aerospace & Defense median (#182 of 361)
No single metric tells the full story. See the XKLS:8133 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boustead Heavy Industries Bhd Business Description
Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segments include Defence and Security, Investment and Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels and submarines. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.
24GF Score
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