MQ Technology Bhd (XKLS:0070) Return-on-Tangible-Asset: -17.94% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

What is MQ Technology Bhd Return-on-Tangible-Asset?

MQ Technology Bhd XKLS:0070 Return-on-Tangible-Asset is -17.94% as of Feb. 2026. The stock has 1 warning sign investors should review. Among 3,079 Industrial Products companies, MQ Technology Bhd ranks worse than 86.94% 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. MQ Technology Bhd's annualized Net Income for the quarter that ended in Feb. 2026 was RM-14.30 Mil. MQ Technology Bhd's average total tangible assets for the quarter that ended in Feb. 2026 was RM79.71 Mil. Therefore, MQ Technology Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was -17.94%.

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

XKLS:0070' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.44   Med: -9.39   Max: 3.38
Current: -6.99

During the past 13 years, MQ Technology Bhd's highest Return-on-Tangible-Asset was 3.38%. The lowest was -23.44%. And the median was -9.39%.

XKLS:0070's Return-on-Tangible-Asset is ranked worse than
86.94% of 3079 companies
in the Industrial Products industry
Industry Median: 3.28 vs XKLS:0070: -6.99

MQ Technology Bhd  (XKLS:0070) 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.


MQ Technology Bhd Return-on-Tangible-Asset Related Terms


MQ Technology Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for MQ Technology 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.

MQ Technology Bhd Return-on-Tangible-Asset Chart

MQ Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Sep22 Sep23 Sep24 Feb25 Feb26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 -23.44 -10.99 0.00 -7.04

MQ Technology Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 May25 Aug25 Nov25 Feb26
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 -6.24 -3.86 -3.60 -2.60 -17.94

XKLS:0070 vs SNA, RBC, LECO: Return-on-Tangible-Asset Comparison

For the Tools & Accessories subindustry, MQ Technology 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.


MQ Technology Bhd Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MQ Technology Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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



MQ Technology Bhd Return-on-Tangible-Asset Calculation

MQ Technology Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=-5.558/( (0+78.923)/ 1 )
=-5.558/78.923
=-7.04 %

MQ Technology Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-14.296/( (80.494+78.923)/ 2 )
=-14.296/79.7085
=-17.94 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of -17.94% mean?
MQ Technology Bhd (XKLS:0070) has a Return-on-Tangible-Asset of -17.94% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MQ Technology Bhd and its competitors. According to the industry distribution chart, MQ Technology Bhd ranks #2677 out of 3079 companies in the Industrial Products industry, placing it in the top 86.9%.
Is MQ Technology Bhd's Return-on-Tangible-Asset too high?
MQ Technology Bhd's current Return-on-Tangible-Asset is -17.94%. Based on the distribution chart, MQ Technology Bhd ranks #2677 out of 3079 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does MQ Technology Bhd's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MQ Technology Bhd ranks #2677 out of 3079 companies for Return-on-Tangible-Asset. This places MQ Technology Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,079 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. 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 MQ Technology Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MQ Technology Bhd's current Return-on-Tangible-Asset is -17.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MQ Technology Bhd stock overvalued right now?
MQ Technology Bhd (XKLS:0070) has a current Return-on-Tangible-Asset of -17.94%. The current Return-on-Tangible-Asset is -17.94%. 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 MQ Technology Bhd (XKLS:0070), the current Return-on-Tangible-Asset is -17.94% as of Feb. 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.

MQ Technology Bhd Business Description

Address Plot 86-B, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park 4, Bayan Lepas, George Town, PNG, MYS, 11900
MQ Technology Bhd is an investment holding company. Through its subsidiaries, it provides a rapid tooling and prototyping division, which automates, designs, develops, and manufactures molds, tools, dies, jigs, and fixtures used in the manufacture of hard disk drives, automotive and medical industries. The company's business segment consists of Manufacture segment, Investment holdings, and others. The company generates the majority of its revenue from Manufacture business segment. Geographically the company operates in Malaysia, Thailand, the USA, Singapore, and Ireland, of which key revenue is derived from Thailand and Malaysia.