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.
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.
N2N Connect BhdXKLS:0108 -6.06%37 Return-on-Tangible-Asset is 1.50% as of Jun. 2026, which is 78% below its 10-year median of 6.82. GuruFocus rates XKLS:0108 with a GF Score™ of 37/100 and a GF Value™ of RM0.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,893 Software companies, N2N Connect Bhd ranks better than 56.55% 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. N2N Connect Bhd's annualizedNet Income for the quarter that ended in Jun. 2026 was RM3.40 Mil. N2N Connect Bhd's average total tangible assets for the quarter that ended in Jun. 2026 was RM226.08 Mil. Therefore, N2N Connect Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.50%.
The historical rank and industry rank for N2N Connect Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0108'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.03 Med: 6.82 Max: 12.57
Current: 4.01
During the past 13 years, N2N Connect Bhd's highest Return-on-Tangible-Asset was 12.57%. The lowest was -11.03%. And the median was 6.82%.
XKLS:0108's Return-on-Tangible-Asset is ranked better than 56.55% of 2893
companies
in the Software industry
Industry Median: 2.17
vs XKLS:0108: 4.01
N2N Connect Bhd (XKLS:0108) 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.
N2N Connect Bhd Return-on-Tangible-Asset Related Terms
N2N Connect Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for N2N Connect 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:0108 vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, N2N Connect 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.
N2N Connect Bhd Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, N2N Connect Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where N2N Connect 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.50% mean?
N2N Connect Bhd (XKLS:0108) has a Return-on-Tangible-Asset of 1.50% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on N2N Connect Bhd and its competitors. This is 78% below median its historical median of 6.82. According to the industry distribution chart, N2N Connect Bhd ranks #1257 out of 2893 companies in the Software industry, placing it in the top 43.4%.
Is N2N Connect Bhd's Return-on-Tangible-Asset too high?
N2N Connect Bhd's current Return-on-Tangible-Asset of 1.50% is 78% below median its 10-year median of 6.82. The Software industry median Return-on-Tangible-Asset is 2.17. N2N Connect Bhd's value of 1.50% is 30.9% below this industry median. Based on the distribution chart, N2N Connect Bhd ranks #1257 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, N2N Connect Bhd has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does N2N Connect Bhd's Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, N2N Connect Bhd ranks #1257 out of 2893 companies for Return-on-Tangible-Asset. This puts N2N Connect Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.17. N2N Connect Bhd's value of 1.50% is 30.9% below this benchmark. While the company's 10-year median is 6.82 vs. the industry median of 2.17, N2N Connect Bhd has consistently been below 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 2.17, 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. N2N Connect Bhd's current Return-on-Tangible-Asset of 1.50% is 30.9% below 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 N2N Connect Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N2N Connect Bhd's current Return-on-Tangible-Asset is 1.50%, which is 78% below median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N2N Connect Bhd stock overvalued right now?
Based on GuruFocus' analysis, N2N Connect Bhd (XKLS:0108) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.35, compared to a current price of RM0.31 — trading 11.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.50%, which is 78% below median its 10-year median of 6.82 and 30.9% below the Software industry median of 2.17. N2N Connect Bhd's overall GF Score™ is 37/100 with 5 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 N2N Connect Bhd (XKLS:0108), the current Return-on-Tangible-Asset is 1.50% as of Jun. 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 N2N Connect Bhd (XKLS:0108) Overvalued in 2026?
Based on GuruFocus' analysis, N2N Connect Bhd stock appears to be undervalued.
The current stock price of RM0.31 is trading 11.4% below its estimated GF Value™ of RM0.35.
GuruFocus considers N2N Connect Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0108:
Return-on-Tangible-Asset: 1.50% (78% below median its 10-year median of 6.82)
GF Value™: RM0.35 vs. price of RM0.31 (11.4% below fair value)
Industry Position: 30.9% below the Software median (#1257 of 2893)
No single metric tells the full story. See the XKLS:0108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages, provider of design, programming, consultancy services and related activities. Its products include TCProGlobal, TCPlus, TCMobile, and TCBOS and services range from online trading portals within the stockbroking industry, hosting and managing network services, to wealth and risk management solutions. It operates in Malaysia, Hong Kong, and other countries and generates the majority of the revenue from Hong Kong.
37GF Score
Get the complete analysis for XKLS:0108
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0108 has been successfully added to your 
