Cuscapi Bhd (XKLS:0051) Return-on-Tangible-Asset: 12.02% (As of Mar. 2026)

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What is Cuscapi Bhd Return-on-Tangible-Asset?

Cuscapi Bhd XKLS:0051 -5.26% Return-on-Tangible-Asset is 12.02% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,893 Software companies, Cuscapi Bhd ranks better than 72.66% 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. Cuscapi Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM4.37 Mil. Cuscapi Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM36.38 Mil. Therefore, Cuscapi Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.02%.

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

XKLS:0051' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -103   Med: -24.24   Max: 24.85
Current: 8.78

During the past 13 years, Cuscapi Bhd's highest Return-on-Tangible-Asset was 24.85%. The lowest was -103.00%. And the median was -24.24%.

XKLS:0051's Return-on-Tangible-Asset is ranked better than
72.66% of 2893 companies
in the Software industry
Industry Median: 2.06 vs XKLS:0051: 8.78

Cuscapi Bhd  (XKLS:0051) 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.


Cuscapi Bhd Return-on-Tangible-Asset Related Terms


Cuscapi Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cuscapi 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.

Cuscapi Bhd Return-on-Tangible-Asset Chart

Cuscapi Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Jun21 Jun22 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -21.20 -7.81 24.85 10.34

Cuscapi Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 12.51 2.76 15.74 5.14 12.02

XKLS:0051 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Cuscapi 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.


Cuscapi Bhd Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Cuscapi Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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



Cuscapi Bhd Return-on-Tangible-Asset Calculation

Cuscapi 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 )
=3.835/( (40.902+33.245)/ 2 )
=3.835/37.0735
=10.34 %

Cuscapi 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 )
=4.372/( (33.245+39.52)/ 2 )
=4.372/36.3825
=12.02 %

* 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 12.02% mean?
Cuscapi Bhd (XKLS:0051) has a Return-on-Tangible-Asset of 12.02% 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 Cuscapi Bhd and its competitors. According to the industry distribution chart, Cuscapi Bhd ranks #791 out of 2893 companies in the Software industry, placing it in the top 27.3%.
Is Cuscapi Bhd's Return-on-Tangible-Asset too high?
Cuscapi Bhd's current Return-on-Tangible-Asset is 12.02%. The Software industry median Return-on-Tangible-Asset is 2.06. Cuscapi Bhd's value of 12.02% is 483.5% above this industry median. Based on the distribution chart, Cuscapi Bhd ranks #791 out of 2893 companies in the Software industry, which is above the industry midpoint.
How does Cuscapi Bhd's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Cuscapi Bhd ranks #791 out of 2893 companies for Return-on-Tangible-Asset. This puts Cuscapi Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.06. Cuscapi Bhd's value of 12.02% is 483.5% above this benchmark. 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 2.06, based on 2,893 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. Cuscapi Bhd's current Return-on-Tangible-Asset of 12.02% is 483.5% 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 Cuscapi Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cuscapi Bhd's current Return-on-Tangible-Asset is 12.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cuscapi Bhd stock overvalued right now?
Based on GuruFocus' analysis, Cuscapi Bhd (XKLS:0051) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.80, compared to a current price of RM0.09 — trading 88.8% below its estimated fair value. The current Return-on-Tangible-Asset is 12.02% and 483.5% above the Software industry median of 2.06. 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 Cuscapi Bhd (XKLS:0051), the current Return-on-Tangible-Asset is 12.02% 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.

Cuscapi Bhd Business Description

Address No. 8, Jalan Damansara, Level 27 & 28, Block N, Empire City Damansara, PJU 8, Petaling Jaya, SGR, MYS, 47820
Cuscapi Bhd is an investment holding company and its subsidiaries are mainly engaged in software development, project management, business and IT-related consultancy services, restaurant management and business management solutions, remedial services for restaurant management hardware and related software implementation and support services, interactive device solutions, provision of a call center for outsourcing services, operating a cryptocurrency exchange in the Philippines, investment holding activities, computer programming, information services, and other computer-related activities including data processing, leasing, and related services.