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OpenSys M BhdXKLS:0040 +1.61%43 Return-on-Tangible-Asset is 11.60% as of Mar. 2026, which is 11% above its 10-year median of 10.47. GuruFocus rates XKLS:0040 with a GF Score™ of 43/100 and a GF Value™ of RM0.43 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,892 Software companies, OpenSys M Bhd ranks better than 78.18% 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. OpenSys M Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM15.7 Mil. OpenSys M Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM135.6 Mil. Therefore, OpenSys M Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.60%.
The historical rank and industry rank for OpenSys M Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0040'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.53 Med: 10.47 Max: 11.33
Current: 10.59
During the past 13 years, OpenSys M Bhd's highest Return-on-Tangible-Asset was 11.33%. The lowest was 7.53%. And the median was 10.47%.
XKLS:0040's Return-on-Tangible-Asset is ranked better than 78.18% of 2892
companies
in the Software industry
Industry Median: 2.07
vs XKLS:0040: 10.59
OpenSys M Bhd (XKLS:0040) 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 companys 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 companys 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.
OpenSys M Bhd Return-on-Tangible-Asset Related Terms
OpenSys M Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for OpenSys M 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.
XKLS:0040 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, OpenSys M 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.
OpenSys M Bhd Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, OpenSys M Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where OpenSys M Bhd's Return-on-Tangible-Asset 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-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 11.60% mean?
OpenSys M Bhd (XKLS:0040) has a Return-on-Tangible-Asset of 11.60% 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 OpenSys M Bhd and its competitors. This is 11% above median its historical median of 10.47. Over the past decade, OpenSys M Bhd's Return-on-Tangible-Asset has ranged from 7.53 to 11.33. According to the industry distribution chart, OpenSys M Bhd ranks #631 out of 2892 companies in the Software industry, placing it in the top 21.8%.
Is OpenSys M Bhd's Return-on-Tangible-Asset too high?
OpenSys M Bhd's current Return-on-Tangible-Asset of 11.60% is 11% above median its 10-year median of 10.47. Over the past 10 years, this metric has ranged from a low of 7.53 to a high of 11.33. The Software industry median Return-on-Tangible-Asset is 2.07. OpenSys M Bhd's value of 11.60% is 460.4% above this industry median. Based on the distribution chart, OpenSys M Bhd ranks #631 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, OpenSys M Bhd has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OpenSys M Bhd's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, OpenSys M Bhd ranks #631 out of 2892 companies for Return-on-Tangible-Asset. This places OpenSys M Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. OpenSys M Bhd's value of 11.60% is 460.4% above this benchmark. Historically, OpenSys M Bhd's own Return-on-Tangible-Asset has ranged from 7.53 to 11.33 over the past decade. While the company's 10-year median is 10.47 vs. the industry median of 2.07, OpenSys M 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,892 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. OpenSys M Bhd's current Return-on-Tangible-Asset of 11.60% is 460.4% 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 OpenSys M Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OpenSys M Bhd's current Return-on-Tangible-Asset is 11.60%, which is 11% above median its own 10-year median of 10.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OpenSys M Bhd stock overvalued right now?
Based on GuruFocus' analysis, OpenSys M Bhd (XKLS:0040) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.43, compared to a current price of RM0.32 — trading 26.7% below its estimated fair value. The current Return-on-Tangible-Asset is 11.60%, which is 11% above median its 10-year median of 10.47 and 460.4% above the Software industry median of 2.07. OpenSys M Bhd's overall GF Score™ is 43/100 with 2 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 OpenSys M Bhd (XKLS:0040), the current Return-on-Tangible-Asset is 11.60% 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 OpenSys M Bhd (XKLS:0040) Overvalued in 2026?
Based on GuruFocus' analysis, OpenSys M Bhd stock appears to be undervalued.
The current stock price of RM0.32 is trading 26.7% below its estimated GF Value™ of RM0.43.
GuruFocus considers OpenSys M Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0040:
Return-on-Tangible-Asset: 11.60% (11% above median its 10-year median of 10.47)
GF Value™: RM0.43 vs. price of RM0.32 (26.7% below fair value)
Industry Position: 460.4% above the Software median (#631 of 2892)
No single metric tells the full story. See the XKLS:0040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OpenSys M Bhd is engaged in offering solutions to the financial services, telecommunication, and utility industries. It operates through Hardware segment which includes the sale, assembly, and distribution of Cheque Deposit Machines and Cash Recycling Machines and other hardware equipment; and Software Solution and Services (SSS) including the sale of software, software customization, support, and maintenance, after-sale services, cheque processing outsourcing, outsourcing of payment kiosks, and cash-in-transit services. The company principally operates in Malaysia and derives key revenue from the Software Solution and Services segment.
43GF Score
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