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OpenMove AI BhdXKLS:0106 +0.94%68 Return-on-Tangible-Asset is 36.13% as of Mar. 2026, which is 78% above its 10-year median of 20.33. GuruFocus rates XKLS:0106 with a GF Score™ of 68/100 and a GF Value™ of RM0.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,890 Software companies, OpenMove AI Bhd ranks better than 85.47% 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. OpenMove AI Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM25.13 Mil. OpenMove AI Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM69.55 Mil. Therefore, OpenMove AI Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 36.13%.
The historical rank and industry rank for OpenMove AI Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0106'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.22 Med: 20.33 Max: 22.09
Current: 14.34
During the past 13 years, OpenMove AI Bhd's highest Return-on-Tangible-Asset was 22.09%. The lowest was 9.22%. And the median was 20.33%.
XKLS:0106's Return-on-Tangible-Asset is ranked better than 85.47% of 2890
companies
in the Software industry
Industry Median: 2.07
vs XKLS:0106: 14.34
OpenMove AI Bhd (XKLS:0106) 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.
OpenMove AI Bhd Return-on-Tangible-Asset Related Terms
OpenMove AI Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for OpenMove AI 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:0106 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, OpenMove AI 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.
OpenMove AI Bhd Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, OpenMove AI Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where OpenMove AI 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 36.13% mean?
OpenMove AI Bhd (XKLS:0106) has a Return-on-Tangible-Asset of 36.13% 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 OpenMove AI Bhd and its competitors. This is 78% above median its historical median of 20.33. Over the past decade, OpenMove AI Bhd's Return-on-Tangible-Asset has ranged from 9.22 to 22.09. According to the industry distribution chart, OpenMove AI Bhd ranks #420 out of 2890 companies in the Software industry, placing it in the top 14.5%.
Is OpenMove AI Bhd's Return-on-Tangible-Asset too high?
OpenMove AI Bhd's current Return-on-Tangible-Asset of 36.13% is 78% above median its 10-year median of 20.33. Over the past 10 years, this metric has ranged from a low of 9.22 to a high of 22.09. The Software industry median Return-on-Tangible-Asset is 2.07. OpenMove AI Bhd's value of 36.13% is 1645.4% above this industry median. Based on the distribution chart, OpenMove AI Bhd ranks #420 out of 2890 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, OpenMove AI Bhd has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OpenMove AI Bhd's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, OpenMove AI Bhd ranks #420 out of 2890 companies for Return-on-Tangible-Asset. This places OpenMove AI Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. OpenMove AI Bhd's value of 36.13% is 1645.4% above this benchmark. Historically, OpenMove AI Bhd's own Return-on-Tangible-Asset has ranged from 9.22 to 22.09 over the past decade. While the company's 10-year median is 20.33 vs. the industry median of 2.07, OpenMove AI 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 2,890 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. OpenMove AI Bhd's current Return-on-Tangible-Asset of 36.13% is 1645.4% 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 OpenMove AI 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. OpenMove AI Bhd's current Return-on-Tangible-Asset is 36.13%, which is 78% above median its own 10-year median of 20.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OpenMove AI Bhd stock overvalued right now?
Based on GuruFocus' analysis, OpenMove AI Bhd (XKLS:0106) is currently considered Fairly Valued. The stock's GF Value™ is RM0.57, compared to a current price of RM0.54 — trading 6.1% below its estimated fair value. The current Return-on-Tangible-Asset is 36.13%, which is 78% above median its 10-year median of 20.33 and 1645.4% above the Software industry median of 2.07. OpenMove AI Bhd's overall GF Score™ is 68/100 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 OpenMove AI Bhd (XKLS:0106), the current Return-on-Tangible-Asset is 36.13% 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 OpenMove AI Bhd (XKLS:0106) Overvalued in 2026?
Based on GuruFocus' analysis, OpenMove AI Bhd stock appears to be undervalued.
The current stock price of RM0.54 is trading 6.1% below its estimated GF Value™ of RM0.57.
GuruFocus considers OpenMove AI Bhd to be Fairly Valued.
Key valuation signals for XKLS:0106:
Return-on-Tangible-Asset: 36.13% (78% above median its 10-year median of 20.33)
GF Value™: RM0.57 vs. price of RM0.54 (6.1% below fair value)
Industry Position: 1645.4% above the Software median (#420 of 2890)
No single metric tells the full story. See the XKLS:0106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OpenMove AI Bhd, formerly known as Rexit Bhd, focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions that cater to the front-end marketing and sales functions, as well as the back-end operations of insurance companies. It also offers a suite of workflow, case management, and document management applications suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, IIMS, which is an integrated workflow, case management, and document management system and others. Geographically, it derives a majority of its revenue from Malaysia.
68GF Score
Get the complete analysis for XKLS:0106
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