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Asia File BhdXKLS:7129 64 Return-on-Tangible-Equity is 0.57% as of Mar. 2026, which is 92% below its 10-year median of 6.77. GuruFocus rates XKLS:7129 with a GF Score™ of 64/100 and a GF Value™ of RM1.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,972 Industrial Products companies, Asia File Bhd ranks worse than 74.13% 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. Asia File Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM3.9 Mil. Asia File Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM690.6 Mil. Therefore, Asia File Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.57%.
The historical rank and industry rank for Asia File Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7129'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.94 Med: 6.77 Max: 11.04
Current: 0.69
During the past 13 years, Asia File Bhd's highest Return-on-Tangible-Equity was 11.04%. The lowest was -5.94%. And the median was 6.77%.
XKLS:7129's Return-on-Tangible-Equity is ranked worse than 74.13% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs XKLS:7129: 0.69
Asia File Bhd (XKLS:7129) 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.
Asia File Bhd Return-on-Tangible-Equity Related Terms
Asia File Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asia File 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.
Asia File Bhd Return-on-Tangible-Equity Competitor Comparison
For the Business Equipment & Supplies subindustry, Asia File 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.
Asia File Bhd Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Asia File Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia File 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 0.57% mean?
Asia File Bhd (XKLS:7129) has a Return-on-Tangible-Equity of 0.57% 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 Asia File Bhd and its competitors. This is 92% below median its historical median of 6.77. According to the industry distribution chart, Asia File Bhd ranks #2203 out of 2972 companies in the Industrial Products industry, placing it in the top 74.1%.
Is Asia File Bhd's Return-on-Tangible-Equity too high?
Asia File Bhd's current Return-on-Tangible-Equity of 0.57% is 92% below median its 10-year median of 6.77. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Asia File Bhd's value of 0.57% is 91.5% below this industry median. Based on the distribution chart, Asia File Bhd ranks #2203 out of 2972 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Asia File Bhd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia File Bhd's Return-on-Tangible-Equity compare to competitors?
According to the Industrial Products industry distribution chart, Asia File Bhd ranks #2203 out of 2972 companies for Return-on-Tangible-Equity. This places Asia File Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Asia File Bhd's value of 0.57% is 91.5% below this benchmark. While the company's 10-year median is 6.77 vs. the industry median of 6.72, Asia File 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,972 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. Asia File Bhd's current Return-on-Tangible-Equity of 0.57% is 91.5% 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 Asia File Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia File Bhd's current Return-on-Tangible-Equity is 0.57%, which is 92% below median its own 10-year median of 6.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia File Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia File Bhd (XKLS:7129) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.52, compared to a current price of RM1.30 — trading 14.5% below its estimated fair value. The current Return-on-Tangible-Equity is 0.57%, which is 92% below median its 10-year median of 6.77 and 91.5% below the Industrial Products industry median of 6.72. Asia File Bhd's overall GF Score™ is 64/100 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 Asia File Bhd (XKLS:7129), the current Return-on-Tangible-Equity is 0.57% 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 Asia File Bhd (XKLS:7129) Overvalued in 2026?
Based on GuruFocus' analysis, Asia File Bhd stock appears to be undervalued.
The current stock price of RM1.30 is trading 14.5% below its estimated GF Value™ of RM1.52.
GuruFocus considers Asia File Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7129:
Return-on-Tangible-Equity: 0.57% (92% below median its 10-year median of 6.77)
GF Value™: RM1.52 vs. price of RM1.30 (14.5% below fair value)
Industry Position: 91.5% below the Industrial Products median (#2203 of 2972)
No single metric tells the full story. See the XKLS:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia File Corp Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, it is engaged in the manufacturing and trading of stationery products, paper and plastic-based related products, and consumer and food ware products. Some of its products include plastic folders, sheet protectors, and flat files; filing/storage boxes; suspension files; clipboards and clipfolders; and others. The group's reportable segments include Filing products, which generate maximum revenue; and Industrial, consumer and food ware products. Geographically, the group generates maximum revenue from Europe, and the rest from Malaysia, Asia (excluding Malaysia), America, and other regions.
64GF Score
Get the complete analysis for XKLS:7129
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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