GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » REDtone Digital Bhd (XKLS:0032) » Definitions » Return-on-Tangible-Asset

REDtone Digital Bhd (XKLS:0032) Return-on-Tangible-Asset : 13.80% (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is REDtone Digital Bhd Return-on-Tangible-Asset?

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. REDtone Digital Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM60.4 Mil. REDtone Digital Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM437.7 Mil. Therefore, REDtone Digital Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 13.80%.

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

XKLS:0032' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.65   Med: 8.32   Max: 16.92
Current: 14.77

During the past 13 years, REDtone Digital Bhd's highest Return-on-Tangible-Asset was 16.92%. The lowest was -2.65%. And the median was 8.32%.

XKLS:0032's Return-on-Tangible-Asset is ranked better than
92.33% of 378 companies
in the Telecommunication Services industry
Industry Median: 3.11 vs XKLS:0032: 14.77

REDtone Digital Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for REDtone Digital 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.

* Premium members only.

REDtone Digital Bhd Return-on-Tangible-Asset Chart

REDtone Digital Bhd Annual Data
Trend May13 May14 May15 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 10.01 14.14 16.92 14.25

REDtone Digital Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 15.19 29.21 9.57 6.91 13.80

Competitive Comparison of REDtone Digital Bhd's Return-on-Tangible-Asset

For the Telecom Services subindustry, REDtone Digital 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.


REDtone Digital Bhd's Return-on-Tangible-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, REDtone Digital Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

REDtone Digital Bhd Return-on-Tangible-Asset Calculation

REDtone Digital Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=59.814/( (393.544+446.143)/ 2 )
=59.814/419.8435
=14.25 %

REDtone Digital Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=60.408/( (428.966+446.532)/ 2 )
=60.408/437.749
=13.80 %

* 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. 2025) net income data.


REDtone Digital Bhd  (XKLS:0032) 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.


REDtone Digital Bhd Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of REDtone Digital Bhd's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


REDtone Digital Bhd Business Description

Traded in Other Exchanges
N/A
Address
IOI Business Park, Suite 22-30, 5th Floor, Puchong, SGR, MYS, 47100
REDtone Digital Bhd is a digital infrastructure and services provider that offers services under three segments that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs); Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure; and the Cloud and Internet of Things segment which offers cloud services and applications, data center solutions, disaster recovery, and Internet of Things technology for smart farming. The company derives maximum revenue from the Managed Telecommunications Network Services (MTNS) segment. Geographically, it operates in Malaysia.

REDtone Digital Bhd Headlines

No Headlines