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Managepay Systems Bhd (XKLS:0156) Return-on-Tangible-Asset : 12.31% (As of Mar. 2025)


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What is Managepay Systems 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. Managepay Systems Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM10.57 Mil. Managepay Systems Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM85.86 Mil. Therefore, Managepay Systems Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 12.31%.

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

XKLS:0156' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -66.78   Med: -5.81   Max: 4.33
Current: 4.33

During the past 12 years, Managepay Systems Bhd's highest Return-on-Tangible-Asset was 4.33%. The lowest was -66.78%. And the median was -5.81%.

XKLS:0156's Return-on-Tangible-Asset is ranked better than
59.49% of 2841 companies
in the Software industry
Industry Median: 1.87 vs XKLS:0156: 4.33

Managepay Systems Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Managepay Systems 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.

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Managepay Systems Bhd Return-on-Tangible-Asset Chart

Managepay Systems Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.11 -10.83 -7.73 -66.78 1.99

Managepay Systems Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 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 -23.93 5.27 -17.41 20.00 12.31

Competitive Comparison of Managepay Systems Bhd's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, Managepay Systems 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.


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

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

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


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Managepay Systems Bhd Return-on-Tangible-Asset Calculation

Managepay Systems Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=1.188/( (41.956+77.196)/ 2 )
=1.188/59.576
=1.99 %

Managepay Systems 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 )
=10.572/( (79.737+91.982)/ 2 )
=10.572/85.8595
=12.31 %

* 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.


Managepay Systems Bhd  (XKLS:0156) 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.


Managepay Systems Bhd Return-on-Tangible-Asset Related Terms

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Managepay Systems Bhd Business Description

Traded in Other Exchanges
N/A
Address
Wisma MPSB, Lot 107 - 113, Jalan USJ 21/10, Subang Jaya, MYS, 47630
Managepay Systems Bhd is an investment holding company. The company operates in two segments: Fintech services includes the provision of e-payment services, e-money services, MasterCard prepaid card services, provision of money lending services licensed by the Ministry of Housing and Local Government, and provision and operations of peer-to-peer (P2P) financing platform licensed by the Securities Commission Malaysia (SC), domestics and cross border remittance; and Non-fintech services segment includes the development, marketing and trading of information and communication technology products, project management, e-commerce, mobile virtual network operator, business outsourcing services and loyalty management services.

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