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Thong Guan Industries BhdXKLS:7034 -0.69%79 ROA % is 5.89% as of Mar. 2026, which is 16% below its 10-year median of 7.03. GuruFocus rates XKLS:7034 with a GF Score™ of 79/100 and a GF Value™ of RM1.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 401 Packaging & Containers companies, Thong Guan Industries Bhd ranks better than 66.58% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thong Guan Industries Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM83 Mil.
Thong Guan Industries Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM1,409 Mil. Therefore, Thong Guan Industries Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 5.89%.
The historical rank and industry rank for Thong Guan Industries Bhd's ROA % or its related term are showing as below:
XKLS:7034'
s ROA % Range Over the Past 10 Years
Min: 4.31 Med: 7.03 Max: 9.64
Current: 4.75
During the past 13 years, Thong Guan Industries Bhd's highest ROA % was 9.64%. The lowest was 4.31%. And the median was 7.03%.
XKLS:7034's ROA % is ranked better than 66.58% of 401
companies
in the Packaging & Containers industry
Industry Median: 2.73
vs XKLS:7034: 4.75
Thong Guan Industries Bhd (XKLS:7034) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Packaging & Containers subindustry, Thong Guan Industries Bhd's ROA %, along with its competitors' market caps and ROA % 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.
Thong Guan Industries Bhd ROA % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thong Guan Industries Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Thong Guan Industries Bhd's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Thong Guan Industries Bhd (XKLS:7034) has a ROA % of 5.89% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Thong Guan Industries Bhd and its competitors. This is 16% below median its historical median of 7.03. Over the past decade, Thong Guan Industries Bhd's ROA % has ranged from 4.31 to 9.64. According to the industry distribution chart, Thong Guan Industries Bhd ranks #134 out of 401 companies in the Packaging & Containers industry, placing it in the top 33.4%.
Is Thong Guan Industries Bhd's ROA % too high?
Thong Guan Industries Bhd's current ROA % of 5.89% is 16% below median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 9.64. The Packaging & Containers industry median ROA % is 2.73. Thong Guan Industries Bhd's value of 5.89% is 115.8% above this industry median. Based on the distribution chart, Thong Guan Industries Bhd ranks #134 out of 401 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thong Guan Industries Bhd has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's ROA % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thong Guan Industries Bhd ranks #134 out of 401 companies for ROA %. This puts Thong Guan Industries Bhd in the upper half of its industry. The industry median ROA % is 2.73. Thong Guan Industries Bhd's value of 5.89% is 115.8% above this benchmark. Historically, Thong Guan Industries Bhd's own ROA % has ranged from 4.31 to 9.64 over the past decade. While the company's 10-year median is 7.03 vs. the industry median of 2.73, Thong Guan Industries 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 ROA % for a Packaging & Containers company?
The median ROA % among Packaging & Containers companies is 2.73, based on 401 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thong Guan Industries Bhd's current ROA % of 5.89% is 115.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Thong Guan Industries Bhd and its competitors. For the Packaging & Containers industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thong Guan Industries Bhd's current ROA % is 5.89%, which is 16% below median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.70, compared to a current price of RM1.44 — trading 15.3% below its estimated fair value. The current ROA % is 5.89%, which is 16% below median its 10-year median of 7.03 and 115.8% above the Packaging & Containers industry median of 2.73. Thong Guan Industries Bhd's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Thong Guan Industries Bhd (XKLS:7034), the current ROA % is 5.89% 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?
Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued.
The current stock price of RM1.44 is trading 15.3% below its estimated GF Value™ of RM1.70.
GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7034:
ROA %: 5.89% (16% below median its 10-year median of 7.03)
GF Value™: RM1.70 vs. price of RM1.44 (15.3% below fair value)
Industry Position: 115.8% above the Packaging & Containers median (#134 of 401)
No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
79GF Score
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