Ajinomoto (Malaysia) BhdXKLS:2658 +0.21%74 Return-on-Tangible-Equity is 7.03% as of Mar. 2026, which is 35% below its 10-year median of 10.85. GuruFocus rates XKLS:2658 with a GF Score™ of 74/100 and a GF Value™ of RM16.16 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,878 Consumer Packaged Goods companies, Ajinomoto (Malaysia) Bhd ranks better than 52.45% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ajinomoto (Malaysia) Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM59.5 Mil. Ajinomoto (Malaysia) Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM846.6 Mil. Therefore, Ajinomoto (Malaysia) Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.03%.
The historical rank and industry rank for Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:2658'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.42 Med: 10.85 Max: 56.37
Current: 8.65
During the past 13 years, Ajinomoto (Malaysia) Bhd's highest Return-on-Tangible-Equity was 56.37%. The lowest was 3.42%. And the median was 10.85%.
XKLS:2658's Return-on-Tangible-Equity is ranked better than 52.45% of 1878
companies
in the Consumer Packaged Goods industry
Industry Median: 7.78
vs XKLS:2658: 8.65
Ajinomoto (Malaysia) Bhd (XKLS:2658) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ajinomoto (Malaysia) Bhd Return-on-Tangible-Equity Related Terms
Ajinomoto (Malaysia) Bhd Return-on-Tangible-Equity Historical Data
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The historical data trend for Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity 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.
Ajinomoto (Malaysia) Bhd Return-on-Tangible-Equity Chart
XKLS:2658 vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Ajinomoto (Malaysia) Bhd Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.03% mean?
Ajinomoto (Malaysia) Bhd (XKLS:2658) has a Return-on-Tangible-Equity of 7.03% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ajinomoto (Malaysia) Bhd and its competitors. This is 35% below median its historical median of 10.85. Over the past decade, Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity has ranged from 3.42 to 56.37. According to the industry distribution chart, Ajinomoto (Malaysia) Bhd ranks #893 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 47.6%.
Is Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity too high?
Ajinomoto (Malaysia) Bhd's current Return-on-Tangible-Equity of 7.03% is 35% below median its 10-year median of 10.85. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 56.37. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Ajinomoto (Malaysia) Bhd's value of 7.03% is 9.6% below this industry median. Based on the distribution chart, Ajinomoto (Malaysia) Bhd ranks #893 out of 1878 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ajinomoto (Malaysia) Bhd has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto (Malaysia) Bhd's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto (Malaysia) Bhd ranks #893 out of 1878 companies for Return-on-Tangible-Equity. This puts Ajinomoto (Malaysia) Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Ajinomoto (Malaysia) Bhd's value of 7.03% is 9.6% below this benchmark. Historically, Ajinomoto (Malaysia) Bhd's own Return-on-Tangible-Equity has ranged from 3.42 to 56.37 over the past decade. While the company's 10-year median is 10.85 vs. the industry median of 7.78, Ajinomoto (Malaysia) 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajinomoto (Malaysia) Bhd's current Return-on-Tangible-Equity of 7.03% is 9.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ajinomoto (Malaysia) Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto (Malaysia) Bhd's current Return-on-Tangible-Equity is 7.03%, which is 35% below median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajinomoto (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajinomoto (Malaysia) Bhd (XKLS:2658) is currently considered Modestly Overvalued. The stock's GF Value™ is RM16.16, compared to a current price of RM18.86 — trading 16.7% above its estimated fair value. The current Return-on-Tangible-Equity is 7.03%, which is 35% below median its 10-year median of 10.85 and 9.6% below the Consumer Packaged Goods industry median of 7.78. Ajinomoto (Malaysia) Bhd's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ajinomoto (Malaysia) Bhd (XKLS:2658), the current Return-on-Tangible-Equity is 7.03% 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 Ajinomoto (Malaysia) Bhd (XKLS:2658) Overvalued in 2026?
Based on GuruFocus' analysis, Ajinomoto (Malaysia) Bhd stock appears to be overvalued.
The current stock price of RM18.86 is trading 16.7% above its estimated GF Value™ of RM16.16.
GuruFocus considers Ajinomoto (Malaysia) Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:2658:
Return-on-Tangible-Equity: 7.03% (35% below median its 10-year median of 10.85)
GF Value™: RM16.16 vs. price of RM18.86 (16.7% above fair value)
Industry Position: 9.6% below the Consumer Packaged Goods median (#893 of 1878)
No single metric tells the full story. See the XKLS:2658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajinomoto (Malaysia) Bhd is engaged in manufacturing and selling AJI-NO-MOTO products, and other seasoning and food items. Its Consumer business segment consists of the manufacture and distribution of consumer products including AJI-NO-MOTO, flavor seasoning Tumix, menu seasoning Seri-Aji and other seasonings. Industrial business segment consists of manufacture and distribution of monosodium glutamate for industry-use, industrial seasonings and related products. The company generates the majority of its revenue from Malaysia.
74GF Score
Get the complete analysis for XKLS:2658
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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