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TechnoDex Bhd (XKLS:0132) Return-on-Tangible-Asset : -12.19% (As of Mar. 2025)


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

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. TechnoDex Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM-2.82 Mil. TechnoDex Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM23.10 Mil. Therefore, TechnoDex Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -12.19%.

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

XKLS:0132' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.35   Med: -8.96   Max: 1.83
Current: -20.34

During the past 13 years, TechnoDex Bhd's highest Return-on-Tangible-Asset was 1.83%. The lowest was -27.35%. And the median was -8.96%.

XKLS:0132's Return-on-Tangible-Asset is ranked worse than
78.81% of 2841 companies
in the Software industry
Industry Median: 1.88 vs XKLS:0132: -20.34

TechnoDex Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for TechnoDex 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.

* Premium members only.

TechnoDex Bhd Return-on-Tangible-Asset Chart

TechnoDex Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.35 -11.37 -22.68 -25.23 -26.83

TechnoDex Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -25.59 -34.08 -19.57 -16.12 -12.19

Competitive Comparison of TechnoDex Bhd's Return-on-Tangible-Asset

For the Information Technology Services subindustry, TechnoDex 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.


TechnoDex Bhd's Return-on-Tangible-Asset Distribution in the Software Industry

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

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


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TechnoDex Bhd Return-on-Tangible-Asset Calculation

TechnoDex Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-6.563/( (26.924+21.992)/ 2 )
=-6.563/24.458
=-26.83 %

TechnoDex Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-2.816/( (22.852+23.353)/ 2 )
=-2.816/23.1025
=-12.19 %

* 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. 2025) net income data.


TechnoDex Bhd  (XKLS:0132) 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.


TechnoDex Bhd Return-on-Tangible-Asset Related Terms

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TechnoDex Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kerinchi, Unit E-07-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Kuala Lumpur, MYS, 59200
TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company's operating segment includes Application support and services and hardware, Manpower outsourcing, and Others. The company generates maximum revenue from the Application support and services and hardware segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Philippines, Thailand, and other Countries. Some of its services include ICT Professional Services, Big Data Solutions and Services, Payroll Processing Services, Cybersecurity Services, and others.

TechnoDex Bhd Headlines

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