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Elsoft Research BhdXKLS:0090 52 Return-on-Tangible-Asset is -5.73% as of Mar. 2026. GuruFocus rates XKLS:0090 with a GF Score™ of 52/100 and a GF Value™ of RM0.34 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Elsoft Research Bhd ranks better than 51.46% 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. Elsoft Research Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-6.68 Mil. Elsoft Research Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM116.55 Mil. Therefore, Elsoft Research Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.73%.
The historical rank and industry rank for Elsoft Research Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0090'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.57 Med: 11.73 Max: 32.73
Current: 3
During the past 13 years, Elsoft Research Bhd's highest Return-on-Tangible-Asset was 32.73%. The lowest was 0.57%. And the median was 11.73%.
XKLS:0090's Return-on-Tangible-Asset is ranked better than 51.46% of 1028
companies
in the Semiconductors industry
Industry Median: 2.685
vs XKLS:0090: 3.00
Elsoft Research Bhd (XKLS:0090) 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.
Elsoft Research Bhd Return-on-Tangible-Asset Related Terms
Elsoft Research Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Elsoft Research 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.
Elsoft Research Bhd Return-on-Tangible-Asset Chart
XKLS:0090 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Elsoft Research 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.
Elsoft Research Bhd Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Elsoft Research Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Elsoft Research 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 -5.73% mean?
Elsoft Research Bhd (XKLS:0090) has a Return-on-Tangible-Asset of -5.73% 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 Elsoft Research Bhd and its competitors. Over the past decade, Elsoft Research Bhd's Return-on-Tangible-Asset has ranged from 0.57 to 32.73. According to the industry distribution chart, Elsoft Research Bhd ranks #499 out of 1028 companies in the Semiconductors industry, placing it in the top 48.5%.
Is Elsoft Research Bhd's Return-on-Tangible-Asset too high?
Elsoft Research Bhd's current Return-on-Tangible-Asset is -5.73%. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 32.73. Based on the distribution chart, Elsoft Research Bhd ranks #499 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Elsoft Research Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elsoft Research Bhd's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Elsoft Research Bhd ranks #499 out of 1028 companies for Return-on-Tangible-Asset. This puts Elsoft Research Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.69. Historically, Elsoft Research Bhd's own Return-on-Tangible-Asset has ranged from 0.57 to 32.73 over the past decade. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.69, based on 1,028 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 Elsoft Research Bhd and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elsoft Research Bhd's current Return-on-Tangible-Asset is -5.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsoft Research Bhd stock overvalued right now?
Based on GuruFocus' analysis, Elsoft Research Bhd (XKLS:0090) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.34, compared to a current price of RM0.22 — trading 36.8% below its estimated fair value. The current Return-on-Tangible-Asset is -5.73%. Elsoft Research Bhd's overall GF Score™ is 52/100 with 3 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 Elsoft Research Bhd (XKLS:0090), the current Return-on-Tangible-Asset is -5.73% 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 Elsoft Research Bhd (XKLS:0090) Overvalued in 2026?
Based on GuruFocus' analysis, Elsoft Research Bhd stock appears to be undervalued.
The current stock price of RM0.22 is trading 36.8% below its estimated GF Value™ of RM0.34.
GuruFocus considers Elsoft Research Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0090:
Return-on-Tangible-Asset: -5.73%
GF Value™: RM0.34 vs. price of RM0.22 (36.8% below fair value)
No single metric tells the full story. See the XKLS:0090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elsoft Research Bhd is principally involved in the research, design, and development of test, burn-in, and application-specific embedded systems. The company mainly provides cost effective ATE solutions to the semiconductor, optoelectronic, and automation industries. Its test and burn-in systems are used by customers manufacturing optoelectronic devices such as LED, image sensors, and automotive lightings to test their products before launching into the market. The company also engaged a new customer to develop a test solution for metalens technology while continuing to focus on the medical device market. , and maximum revenue is generated from Malaysia, followed by Asia (excluding Malaysia), and the United States.
52GF Score
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