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.
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.
TSH Resources BhdXKLS:9059 +1.63%78 Return-on-Tangible-Asset is 3.35% as of Mar. 2026, which is 0% above its 10-year median of 3.34. GuruFocus rates XKLS:9059 with a GF Score™ of 78/100 and a GF Value™ of RM1.17 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, TSH Resources Bhd ranks better than 64.1% 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. TSH Resources Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM85.1 Mil. TSH Resources Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM2,543.7 Mil. Therefore, TSH Resources Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.35%.
The historical rank and industry rank for TSH Resources Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:9059'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.35 Med: 3.34 Max: 15.74
Current: 5.98
During the past 13 years, TSH Resources Bhd's highest Return-on-Tangible-Asset was 15.74%. The lowest was 1.35%. And the median was 3.34%.
XKLS:9059's Return-on-Tangible-Asset is ranked better than 64.1% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.43
vs XKLS:9059: 5.98
TSH Resources Bhd (XKLS:9059) 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.
TSH Resources Bhd Return-on-Tangible-Asset Related Terms
TSH Resources Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TSH Resources 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:9059 vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, TSH Resources 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.
TSH Resources Bhd Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, TSH Resources Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TSH Resources 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 3.35% mean?
TSH Resources Bhd (XKLS:9059) has a Return-on-Tangible-Asset of 3.35% 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 TSH Resources Bhd and its competitors. This is near median its historical median of 3.34. Over the past decade, TSH Resources Bhd's Return-on-Tangible-Asset has ranged from 1.35 to 15.74. According to the industry distribution chart, TSH Resources Bhd ranks #717 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 35.9%.
Is TSH Resources Bhd's Return-on-Tangible-Asset too high?
TSH Resources Bhd's current Return-on-Tangible-Asset of 3.35% is near median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 15.74. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. TSH Resources Bhd's value of 3.35% is 2.3% below this industry median. Based on the distribution chart, TSH Resources Bhd ranks #717 out of 1997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, TSH Resources Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH Resources Bhd's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, TSH Resources Bhd ranks #717 out of 1997 companies for Return-on-Tangible-Asset. This puts TSH Resources Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. TSH Resources Bhd's value of 3.35% is 2.3% below this benchmark. Historically, TSH Resources Bhd's own Return-on-Tangible-Asset has ranged from 1.35 to 15.74 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 3.43, TSH Resources 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 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. TSH Resources Bhd's current Return-on-Tangible-Asset of 3.35% is 2.3% 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 TSH Resources Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSH Resources Bhd's current Return-on-Tangible-Asset is 3.35%, which is near median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, TSH Resources Bhd (XKLS:9059) is currently considered Fairly Valued. The stock's GF Value™ is RM1.17, compared to a current price of RM1.25 — trading 6.8% above its estimated fair value. The current Return-on-Tangible-Asset is 3.35%, which is near median its 10-year median of 3.34 and 2.3% below the Consumer Packaged Goods industry median of 3.43. TSH Resources Bhd's overall GF Score™ is 78/100 with 2 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 TSH Resources Bhd (XKLS:9059), the current Return-on-Tangible-Asset is 3.35% 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 TSH Resources Bhd (XKLS:9059) Overvalued in 2026?
Based on GuruFocus' analysis, TSH Resources Bhd stock appears to be overvalued.
The current stock price of RM1.25 is trading 6.8% above its estimated GF Value™ of RM1.17.
GuruFocus considers TSH Resources Bhd to be Fairly Valued.
Key valuation signals for XKLS:9059:
Return-on-Tangible-Asset: 3.35% (near median its 10-year median of 3.34)
GF Value™: RM1.17 vs. price of RM1.25 (6.8% above fair value)
Industry Position: 2.3% below the Consumer Packaged Goods median (#717 of 1997)
No single metric tells the full story. See the XKLS:9059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSH Resources Bhd is an investment holding and forest plantation. The principal activities of the subsidiaries are involved in investment holding, oil palm cultivation and processing, generation and supply of electricity from biomass plants, forest plantation, manufacture and sales of downstream wood products, and other related business activities. The company has two reportable segments, namely Palm products and Others. It generates maximum revenue from the Palm products segment. The company's geographical segments are Malaysia, Indonesia, the United States of America, the Southwest Pacific, and Others. It generates the majority of its revenue from Indonesia.
78GF Score
Get the complete analysis for XKLS:9059
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:9059 has been successfully added to your 
