Bonia Bhd (XKLS:9288) Return-on-Tangible-Asset: 5.37% (As of Mar. 2026) — 44% Above Median

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XKLS:9288 Bonia Corp Bhd XKLS:9288
80 GF Score
Price RM0.87
GF Value RM1.36
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bonia Bhd Return-on-Tangible-Asset?

Bonia Bhd XKLS:9288 80 Return-on-Tangible-Asset is 5.37% as of Mar. 2026, which is 44% above its 10-year median of 3.74. GuruFocus rates XKLS:9288 with a GF Score™ of 80/100 and a GF Value™ of RM1.36 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Bonia Bhd ranks worse than 64.36% 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. Bonia Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM34.0 Mil. Bonia Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM633.8 Mil. Therefore, Bonia 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 Bonia Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:9288' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.44   Med: 3.74   Max: 9.26
Current: 0.44

During the past 13 years, Bonia Bhd's highest Return-on-Tangible-Asset was 9.26%. The lowest was 0.44%. And the median was 3.74%.

XKLS:9288's Return-on-Tangible-Asset is ranked worse than
64.36% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2 vs XKLS:9288: 0.44

Bonia Bhd  (XKLS:9288) 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.


Bonia Bhd Return-on-Tangible-Asset Related Terms


Bonia Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bonia 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.

Bonia Bhd Return-on-Tangible-Asset Chart

Bonia Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 8.34 9.26 5.39 1.04

Bonia 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 5.23 -6.75 0.02 3.14 5.37

XKLS:9288 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Bonia 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.


Bonia Bhd Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonia Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


XKLS:9288
80GF Score
Bonia Corp Bhd XKLS:9288
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonia Bhd Return-on-Tangible-Asset Calculation

Bonia Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=6.482/( (637.617+604.031)/ 2 )
=6.482/620.824
=1.04 %

Bonia 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 )
=34.048/( (624.14+643.471)/ 2 )
=34.048/633.8055
=5.37 %

* 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?
Bonia Bhd (XKLS:9288) 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 Bonia Bhd and its competitors. This is 44% above median its historical median of 3.74. Over the past decade, Bonia Bhd's Return-on-Tangible-Asset has ranged from 0.44 to 9.26. According to the industry distribution chart, Bonia Bhd ranks #688 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.4%.
Is Bonia Bhd's Return-on-Tangible-Asset too high?
Bonia Bhd's current Return-on-Tangible-Asset of 5.37% is 44% above median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 9.26. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Bonia Bhd's value of 5.37% is 168.5% above this industry median. Based on the distribution chart, Bonia Bhd ranks #688 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bonia Bhd has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bonia Bhd's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bonia Bhd ranks #688 out of 1069 companies for Return-on-Tangible-Asset. This places Bonia Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Bonia Bhd's value of 5.37% is 168.5% above this benchmark. Historically, Bonia Bhd's own Return-on-Tangible-Asset has ranged from 0.44 to 9.26 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 2.00, Bonia 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,069 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. Bonia Bhd's current Return-on-Tangible-Asset of 5.37% is 168.5% 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 Bonia Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonia Bhd's current Return-on-Tangible-Asset is 5.37%, which is 44% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bonia Bhd (XKLS:9288) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.36, compared to a current price of RM0.87 — trading 36.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.37%, which is 44% above median its 10-year median of 3.74 and 168.5% above the Manufacturing - Apparel & Accessories industry median of 2.00. Bonia Bhd's overall GF Score™ is 80/100 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 Bonia Bhd (XKLS:9288), 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 Bonia Bhd (XKLS:9288) Overvalued in 2026?

Based on GuruFocus' analysis, Bonia Bhd stock appears to be undervalued. The current stock price of RM0.87 is trading 36.4% below its estimated GF Value™ of RM1.36. GuruFocus considers Bonia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:9288:

  • Return-on-Tangible-Asset: 5.37% (44% above median its 10-year median of 3.74)
  • GF Value™: RM1.36 vs. price of RM0.87 (36.4% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 168.5% above the Manufacturing - Apparel & Accessories median (#688 of 1069)

No single metric tells the full story. See the XKLS:9288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonia Bhd Business Description

Address Lot 160, Jalan Cerdas, Level 6, Ikon Connaught, Taman Connaught, Cheras, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 56000
Bonia Corp Bhd is principally engaged in product design, manufacturing, promotion, marketing, distribution, wholesale, and retail of luxury leatherwear, footwear, apparel, accessories, and eyewear for both men and women under its in-house brands as well as other internationally licensed brands. It operates through the following segments: Retailing, which generates the majority of revenue and designs, promotes, and markets fashionable apparel, footwear, accessories, and leather goods; Manufacturing, which produces and markets fashionable leather goods; and Investment and Property Development, which involves rental and property development. Geographically, the company derives its key revenue from Malaysia, with the rest coming from Singapore, Indonesia, and other regions.
80GF Score

Get the complete analysis for XKLS:9288

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

RM0.87
Price
RM1.36
GF Value