Zetrix AI Bhd (XKLS:0138) Return-on-Tangible-Asset: 38.26% (As of Mar. 2026) — 50% Above Median

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XKLS:0138 Zetrix AI Bhd XKLS:0138
79 GF Score
Price RM0.64
GF Value RM1.43
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zetrix AI Bhd Return-on-Tangible-Asset?

Zetrix AI Bhd XKLS:0138 -11.81% 79 Return-on-Tangible-Asset is 38.26% as of Mar. 2026, which is 50% above its 10-year median of 25.43. GuruFocus rates XKLS:0138 with a GF Score™ of 79/100 and a GF Value™ of RM1.43 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,894 Software companies, Zetrix AI Bhd ranks better than 97.34% 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. Zetrix AI Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM1,085 Mil. Zetrix AI Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM2,837 Mil. Therefore, Zetrix AI Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 38.26%.

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

XKLS:0138' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 21.27   Med: 25.43   Max: 37.17
Current: 37.17

During the past 13 years, Zetrix AI Bhd's highest Return-on-Tangible-Asset was 37.17%. The lowest was 21.27%. And the median was 25.43%.

XKLS:0138's Return-on-Tangible-Asset is ranked better than
97.34% of 2894 companies
in the Software industry
Industry Median: 2.1 vs XKLS:0138: 37.17

Zetrix AI Bhd  (XKLS:0138) 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.


Zetrix AI Bhd Return-on-Tangible-Asset Related Terms


Zetrix AI Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Zetrix 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.

Zetrix AI Bhd Return-on-Tangible-Asset Chart

Zetrix AI Bhd Annual Data
Trend Jun15 Jun16 Jun17 Sep19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.83 24.18 26.02 32.39 34.41

Zetrix AI Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 30.53 33.00 34.96 42.86 38.26

XKLS:0138 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Zetrix 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.


Zetrix AI Bhd Return-on-Tangible-Asset vs Software Industry

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

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


XKLS:0138
79GF Score
Zetrix AI Bhd XKLS:0138
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zetrix AI Bhd Return-on-Tangible-Asset Calculation

Zetrix AI Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=870.663/( (2378.526+2681.642)/ 2 )
=870.663/2530.084
=34.41 %

Zetrix AI Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1085.32/( (2681.642+2991.675)/ 2 )
=1085.32/2836.6585
=38.26 %

* 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 38.26% mean?
Zetrix AI Bhd (XKLS:0138) has a Return-on-Tangible-Asset of 38.26% 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 Zetrix AI Bhd and its competitors. This is 50% above median its historical median of 25.43. Over the past decade, Zetrix AI Bhd's Return-on-Tangible-Asset has ranged from 21.27 to 37.17. According to the industry distribution chart, Zetrix AI Bhd ranks #77 out of 2894 companies in the Software industry, placing it in the top 2.7%.
Is Zetrix AI Bhd's Return-on-Tangible-Asset too high?
Zetrix AI Bhd's current Return-on-Tangible-Asset of 38.26% is 50% above median its 10-year median of 25.43. Over the past 10 years, this metric has ranged from a low of 21.27 to a high of 37.17. The Software industry median Return-on-Tangible-Asset is 2.10. Zetrix AI Bhd's value of 38.26% is 1721.9% above this industry median. Based on the distribution chart, Zetrix AI Bhd ranks #77 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Zetrix AI Bhd has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zetrix AI Bhd's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Zetrix AI Bhd ranks #77 out of 2894 companies for Return-on-Tangible-Asset. This places Zetrix AI Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. Zetrix AI Bhd's value of 38.26% is 1721.9% above this benchmark. Historically, Zetrix AI Bhd's own Return-on-Tangible-Asset has ranged from 21.27 to 37.17 over the past decade. While the company's 10-year median is 25.43 vs. the industry median of 2.10, Zetrix 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 2.10, based on 2,894 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. Zetrix AI Bhd's current Return-on-Tangible-Asset of 38.26% is 1721.9% 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 Zetrix AI Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zetrix AI Bhd's current Return-on-Tangible-Asset is 38.26%, which is 50% above median its own 10-year median of 25.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zetrix AI Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zetrix AI Bhd (XKLS:0138) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM0.64 — trading 55.6% below its estimated fair value. The current Return-on-Tangible-Asset is 38.26%, which is 50% above median its 10-year median of 25.43 and 1721.9% above the Software industry median of 2.10. Zetrix AI Bhd's overall GF Score™ is 79/100 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 Zetrix AI Bhd (XKLS:0138), the current Return-on-Tangible-Asset is 38.26% 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 Zetrix AI Bhd (XKLS:0138) Overvalued in 2026?

Based on GuruFocus' analysis, Zetrix AI Bhd stock appears to be undervalued. The current stock price of RM0.64 is trading 55.6% below its estimated GF Value™ of RM1.43. GuruFocus considers Zetrix AI Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0138:

  • Return-on-Tangible-Asset: 38.26% (50% above median its 10-year median of 25.43)
  • GF Value™: RM1.43 vs. price of RM0.64 (55.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 1721.9% above the Software median (#77 of 2894)

No single metric tells the full story. See the XKLS:0138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zetrix AI Bhd Business Description

Address No. 8, Jalan Damansara, PJU 8, Level UG, Zetrix Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
Zetrix AI Bhd is engaged in blockchain and artificial intelligence solutions. The company operates Zetrix, a Layer-1 public blockchain platform that supports cross-border digital identity verification and smart contract capabilities.
79GF Score

Get the complete analysis for XKLS:0138

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.64
Price
RM1.43
GF Value