RGB International Bhd (XKLS:0037) Return-on-Tangible-Asset: 5.33% (As of Mar. 2026) — 24% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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:0037 RGB International Bhd XKLS:0037
67 GF Score
Price RM0.21
GF Value RM0.20
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is RGB International Bhd Return-on-Tangible-Asset?

RGB International Bhd XKLS:0037 -2.33% 67 Return-on-Tangible-Asset is 5.33% as of Mar. 2026, which is 24% below its 10-year median of 7.02. GuruFocus rates XKLS:0037 with a GF Score™ of 67/100 and a GF Value™ of RM0.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 854 Travel & Leisure companies, RGB International Bhd ranks better than 64.87% 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. RGB International Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM36.3 Mil. RGB International Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM679.8 Mil. Therefore, RGB International Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.33%.

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

XKLS:0037' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.38   Med: 7.02   Max: 16.45
Current: 5.01

During the past 13 years, RGB International Bhd's highest Return-on-Tangible-Asset was 16.45%. The lowest was -6.38%. And the median was 7.02%.

XKLS:0037's Return-on-Tangible-Asset is ranked better than
64.87% of 854 companies
in the Travel & Leisure industry
Industry Median: 2.74 vs XKLS:0037: 5.01

RGB International Bhd  (XKLS:0037) 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.


RGB International Bhd Return-on-Tangible-Asset Related Terms


RGB International Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for RGB International 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.

RGB International Bhd Return-on-Tangible-Asset Chart

RGB International Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.63 1.10 5.64 16.45 5.25

RGB International Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.43 8.55 2.72 3.35 5.33

XKLS:0037 vs FLUT, DKNG, SGHC: Return-on-Tangible-Asset Comparison

For the Gambling subindustry, RGB International 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.


RGB International Bhd Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, RGB International Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


XKLS:0037
67GF Score
RGB International Bhd XKLS:0037
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RGB International Bhd Return-on-Tangible-Asset Calculation

RGB International Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=36.47/( (679.513+708.698)/ 2 )
=36.47/694.1055
=5.25 %

RGB International Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=36.26/( (708.698+650.869)/ 2 )
=36.26/679.7835
=5.33 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of 5.33% mean?
RGB International Bhd (XKLS:0037) has a Return-on-Tangible-Asset of 5.33% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on RGB International Bhd and its competitors. This is 24% below median its historical median of 7.02. According to the industry distribution chart, RGB International Bhd ranks #300 out of 854 companies in the Travel & Leisure industry, placing it in the top 35.1%.
Is RGB International Bhd's Return-on-Tangible-Asset too high?
RGB International Bhd's current Return-on-Tangible-Asset of 5.33% is 24% below median its 10-year median of 7.02. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.74. RGB International Bhd's value of 5.33% is 94.5% above this industry median. Based on the distribution chart, RGB International Bhd ranks #300 out of 854 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, RGB International Bhd has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RGB International Bhd's Return-on-Tangible-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, RGB International Bhd ranks #300 out of 854 companies for Return-on-Tangible-Asset. This puts RGB International Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.74. RGB International Bhd's value of 5.33% is 94.5% above this benchmark. While the company's 10-year median is 7.02 vs. the industry median of 2.74, RGB International 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.74, based on 854 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. RGB International Bhd's current Return-on-Tangible-Asset of 5.33% is 94.5% 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 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 RGB International Bhd and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RGB International Bhd's current Return-on-Tangible-Asset is 5.33%, which is 24% below median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RGB International Bhd stock overvalued right now?
Based on GuruFocus' analysis, RGB International Bhd (XKLS:0037) is currently considered Fairly Valued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.21 — trading 5% above its estimated fair value. The current Return-on-Tangible-Asset is 5.33%, which is 24% below median its 10-year median of 7.02 and 94.5% above the Travel & Leisure industry median of 2.74. RGB International Bhd's overall GF Score™ is 67/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For RGB International Bhd (XKLS:0037), the current Return-on-Tangible-Asset is 5.33% 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 RGB International Bhd (XKLS:0037) Overvalued in 2026?

Based on GuruFocus' analysis, RGB International Bhd stock appears to be overvalued. The current stock price of RM0.21 is trading 5% above its estimated GF Value™ of RM0.20. GuruFocus considers RGB International Bhd to be Fairly Valued.

Key valuation signals for XKLS:0037:

  • Return-on-Tangible-Asset: 5.33% (24% below median its 10-year median of 7.02)
  • GF Value™: RM0.20 vs. price of RM0.21 (5% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 94.5% above the Travel & Leisure median (#300 of 854)

No single metric tells the full story. See the XKLS:0037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RGB International Bhd Business Description

Address 8 Green Hall, George Town, PNG, MYS, 10200
RGB International Bhd is principally an investment holding company. The principal activities of the subsidiaries are mainly sales and marketing, technical support and management, and engineering service of gaming and amusement machines and equipment. It derives the majority of its revenue from the sales and marketing activities. Its geographic segments include Malaysia, Southeast Asia, South Asia, and Other countries, out of which the majority of the revenue is generated from Southeast Asia (excluding Malaysia). Its products and services are RGBGAMES, RGB Casino Products, Sales Support & Marketing, Technical Support & Management, Technical Support Services, Parts & Services, Refurbished Machines, and RGB Digital Store.
67GF Score

Get the complete analysis for XKLS:0037

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

RM0.21
Price
RM0.20
GF Value