Bright Packaging Industry Bhd (XKLS:9938) Return-on-Tangible-Asset: 0.17% (As of Feb. 2026) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:9938 Bright Packaging Industry Bhd XKLS:9938
58 GF Score
Price RM0.16
GF Value RM0.20
Valuation Modestly Undervalued
View Full Analysis

What is Bright Packaging Industry Bhd Return-on-Tangible-Asset?

Bright Packaging Industry Bhd XKLS:9938 58 Return-on-Tangible-Asset is 0.17% as of Feb. 2026, which is 23% below its 10-year median of 0.22. GuruFocus rates XKLS:9938 with a GF Score™ of 58/100 and a GF Value™ of RM0.20 (Modestly Undervalued). Among 401 Packaging & Containers companies, Bright Packaging Industry Bhd ranks better than 62.34% 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. Bright Packaging Industry Bhd's annualized Net Income for the quarter that ended in Feb. 2026 was RM0.24 Mil. Bright Packaging Industry Bhd's average total tangible assets for the quarter that ended in Feb. 2026 was RM140.14 Mil. Therefore, Bright Packaging Industry Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 0.17%.

The historical rank and industry rank for Bright Packaging Industry Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:9938' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.66   Med: 0.22   Max: 4.6
Current: 4.35

During the past 13 years, Bright Packaging Industry Bhd's highest Return-on-Tangible-Asset was 4.60%. The lowest was -2.66%. And the median was 0.22%.

XKLS:9938's Return-on-Tangible-Asset is ranked better than
62.34% of 401 companies
in the Packaging & Containers industry
Industry Median: 2.93 vs XKLS:9938: 4.35

Bright Packaging Industry Bhd  (XKLS:9938) 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.


Bright Packaging Industry Bhd Return-on-Tangible-Asset Related Terms


Bright Packaging Industry Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd Return-on-Tangible-Asset Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.06 -1.98 3.79 1.93 4.60

Bright Packaging Industry Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.94 5.79 5.10 6.30 0.17

XKLS:9938 vs SW, PKG, IP: Return-on-Tangible-Asset Comparison

For the Packaging & Containers subindustry, Bright Packaging Industry 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.


Bright Packaging Industry Bhd Return-on-Tangible-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bright Packaging Industry Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


XKLS:9938
58GF Score
Bright Packaging Industry Bhd XKLS:9938
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Packaging Industry Bhd Return-on-Tangible-Asset Calculation

Bright Packaging Industry Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=6.261/( (131.927+140.183)/ 2 )
=6.261/136.055
=4.60 %

Bright Packaging Industry Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=0.24/( (141.119+139.17)/ 2 )
=0.24/140.1445
=0.17 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.17% mean?
Bright Packaging Industry Bhd (XKLS:9938) has a Return-on-Tangible-Asset of 0.17% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bright Packaging Industry Bhd and its competitors. This is 23% below median its historical median of 0.22. According to the industry distribution chart, Bright Packaging Industry Bhd ranks #151 out of 401 companies in the Packaging & Containers industry, placing it in the top 37.7%.
Is Bright Packaging Industry Bhd's Return-on-Tangible-Asset too high?
Bright Packaging Industry Bhd's current Return-on-Tangible-Asset of 0.17% is 23% below median its 10-year median of 0.22. The Packaging & Containers industry median Return-on-Tangible-Asset is 2.93. Bright Packaging Industry Bhd's value of 0.17% is 94.2% below this industry median. Based on the distribution chart, Bright Packaging Industry Bhd ranks #151 out of 401 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Bright Packaging Industry Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bright Packaging Industry Bhd's Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bright Packaging Industry Bhd ranks #151 out of 401 companies for Return-on-Tangible-Asset. This puts Bright Packaging Industry Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Bright Packaging Industry Bhd's value of 0.17% is 94.2% below this benchmark. While the company's 10-year median is 0.22 vs. the industry median of 2.93, Bright Packaging Industry 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.93, based on 401 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. Bright Packaging Industry Bhd's current Return-on-Tangible-Asset of 0.17% is 94.2% 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 Bright Packaging Industry Bhd and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Packaging Industry Bhd's current Return-on-Tangible-Asset is 0.17%, which is 23% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Packaging Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bright Packaging Industry Bhd (XKLS:9938) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.16 — trading 22.5% below its estimated fair value. The current Return-on-Tangible-Asset is 0.17%, which is 23% below median its 10-year median of 0.22 and 94.2% below the Packaging & Containers industry median of 2.93. Bright Packaging Industry Bhd's overall GF Score™ is 58/100. 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 Bright Packaging Industry Bhd (XKLS:9938), the current Return-on-Tangible-Asset is 0.17% as of Feb. 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 Bright Packaging Industry Bhd (XKLS:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Packaging Industry Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 22.5% below its estimated GF Value™ of RM0.20. GuruFocus considers Bright Packaging Industry Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9938:

  • Return-on-Tangible-Asset: 0.17% (23% below median its 10-year median of 0.22)
  • GF Value™: RM0.20 vs. price of RM0.16 (22.5% below fair value)
  • GF Score™: 58/100
  • Industry Position: 94.2% below the Packaging & Containers median (#151 of 401)

No single metric tells the full story. See the XKLS:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Packaging Industry Bhd Business Description

Address No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate based in Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionery, and pharmaceutical industries. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminates for tissue, wood-free paper, board, and inner frames, and it also exports to other countries. Geographically, the company generates revenue from Indonesia, Malaysia, Taiwan, Vietnam, Korea, the Philippines, and India, with the majority of revenue coming from Indonesia.
58GF Score

Get the complete analysis for XKLS:9938

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

RM0.16
Price
RM0.20
GF Value