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EG Industries BhdXKLS:8907 -2.62%66 Return-on-Tangible-Asset is 5.37% as of Mar. 2026, which is 78% above its 10-year median of 3.02. GuruFocus rates XKLS:8907 with a GF Score™ of 66/100 and a GF Value™ of RM1.26 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,502 Hardware companies, EG Industries Bhd ranks better than 75.86% 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. EG Industries Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM88 Mil. EG Industries Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM1,647 Mil. Therefore, EG Industries Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.37%.
The historical rank and industry rank for EG Industries Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:8907'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.72 Med: 3.02 Max: 6.79
Current: 6.79
During the past 13 years, EG Industries Bhd's highest Return-on-Tangible-Asset was 6.79%. The lowest was -1.72%. And the median was 3.02%.
XKLS:8907's Return-on-Tangible-Asset is ranked better than 75.86% of 2502
companies
in the Hardware industry
Industry Median: 2.44
vs XKLS:8907: 6.79
EG Industries Bhd (XKLS:8907) 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.
EG Industries Bhd Return-on-Tangible-Asset Related Terms
EG Industries Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for EG Industries 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:8907 vs APH, GLW: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, EG 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.
EG Industries Bhd Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, EG Industries Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where EG 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 5.37% mean?
EG Industries Bhd (XKLS:8907) has a Return-on-Tangible-Asset of 5.37% 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 EG Industries Bhd and its competitors. This is 78% above median its historical median of 3.02. According to the industry distribution chart, EG Industries Bhd ranks #604 out of 2502 companies in the Hardware industry, placing it in the top 24.1%.
Is EG Industries Bhd's Return-on-Tangible-Asset too high?
EG Industries Bhd's current Return-on-Tangible-Asset of 5.37% is 78% above median its 10-year median of 3.02. The Hardware industry median Return-on-Tangible-Asset is 2.44. EG Industries Bhd's value of 5.37% is 120.1% above this industry median. Based on the distribution chart, EG Industries Bhd ranks #604 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, EG Industries Bhd has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EG Industries Bhd's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, EG Industries Bhd ranks #604 out of 2502 companies for Return-on-Tangible-Asset. This places EG Industries Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. EG Industries Bhd's value of 5.37% is 120.1% above this benchmark. While the company's 10-year median is 3.02 vs. the industry median of 2.44, EG 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,502 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. EG Industries Bhd's current Return-on-Tangible-Asset of 5.37% is 120.1% 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 EG Industries Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EG Industries Bhd's current Return-on-Tangible-Asset is 5.37%, which is 78% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EG Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, EG Industries Bhd (XKLS:8907) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.26, compared to a current price of RM1.86 — trading 47.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.37%, which is 78% above median its 10-year median of 3.02 and 120.1% above the Hardware industry median of 2.44. EG Industries Bhd's overall GF Score™ is 66/100 with 11 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 EG Industries Bhd (XKLS:8907), the current Return-on-Tangible-Asset is 5.37% 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 EG Industries Bhd (XKLS:8907) Overvalued in 2026?
Based on GuruFocus' analysis, EG Industries Bhd stock appears to be overvalued.
The current stock price of RM1.86 is trading 47.6% above its estimated GF Value™ of RM1.26.
GuruFocus considers EG Industries Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:8907:
Return-on-Tangible-Asset: 5.37% (78% above median its 10-year median of 3.02)
GF Value™: RM1.26 vs. price of RM1.86 (47.6% above fair value)
Industry Position: 120.1% above the Hardware median (#604 of 2502)
No single metric tells the full story. See the XKLS:8907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EG Industries Bhd is an investment holding company, which engages in the provision of management services. Along with its subsidiaries, the company operates through the following segments: Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company offers manufacturing services for computer peripherals, consumer electronic/electrical products, medical equipment, automotive industrial products, and telecommunication and other technological products industries. Geographically, it derives maximum revenue from Thailand.
66GF Score
Get the complete analysis for XKLS:8907
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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