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Binasat Communications BhdXKLS:0195 Return-on-Tangible-Asset is 0.59% as of Mar. 2026, which is 87% below its 10-year median of 4.45. The stock has 5 warning signs investors should review. Among 366 Telecommunication Services companies, Binasat Communications Bhd ranks worse than 80.05% 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. Binasat Communications Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM1.2 Mil. Binasat Communications Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM195.3 Mil. Therefore, Binasat Communications Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.59%.
The historical rank and industry rank for Binasat Communications Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0195'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.8 Med: 4.45 Max: 26
Current: -5
During the past 11 years, Binasat Communications Bhd's highest Return-on-Tangible-Asset was 26.00%. The lowest was -6.80%. And the median was 4.45%.
XKLS:0195's Return-on-Tangible-Asset is ranked worse than 80.05% of 366
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs XKLS:0195: -5.00
Binasat Communications Bhd (XKLS:0195) 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.
Binasat Communications Bhd Return-on-Tangible-Asset Related Terms
Binasat Communications Bhd Return-on-Tangible-Asset Historical Data
* 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.
Binasat Communications Bhd Return-on-Tangible-Asset Chart
XKLS:0195 vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Binasat Communications 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.
Binasat Communications Bhd Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Binasat Communications 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 0.59% mean?
Binasat Communications Bhd (XKLS:0195) has a Return-on-Tangible-Asset of 0.59% 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 Binasat Communications Bhd and its competitors. This is 87% below median its historical median of 4.45. According to the industry distribution chart, Binasat Communications Bhd ranks #293 out of 366 companies in the Telecommunication Services industry, placing it in the top 80.1%.
Is Binasat Communications Bhd's Return-on-Tangible-Asset too high?
Binasat Communications Bhd's current Return-on-Tangible-Asset of 0.59% is 87% below median its 10-year median of 4.45. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. Binasat Communications Bhd's value of 0.59% is 82.8% below this industry median. Based on the distribution chart, Binasat Communications Bhd ranks #293 out of 366 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers.
How does Binasat Communications Bhd's Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Binasat Communications Bhd ranks #293 out of 366 companies for Return-on-Tangible-Asset. This places Binasat Communications Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Binasat Communications Bhd's value of 0.59% is 82.8% below this benchmark. While the company's 10-year median is 4.45 vs. the industry median of 3.43, Binasat Communications 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 366 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. Binasat Communications Bhd's current Return-on-Tangible-Asset of 0.59% is 82.8% 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 Binasat Communications Bhd and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binasat Communications Bhd's current Return-on-Tangible-Asset is 0.59%, which is 87% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binasat Communications Bhd stock overvalued right now?
Based on GuruFocus' analysis, Binasat Communications Bhd (XKLS:0195) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.07 — trading 68.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.59%, which is 87% below median its 10-year median of 4.45 and 82.8% below the Telecommunication Services industry median of 3.43. 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 Binasat Communications Bhd (XKLS:0195), the current Return-on-Tangible-Asset is 0.59% 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.
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport, and Digital Satellite News Gathering (DSNG) Services. It has segments that are Satellite, mobile, and fiber optic telecommunications networks and power and telecommunication infrastructure works. The company derives almost all of its revenue from Satellite, mobile, and fiber optic telecommunications networks. It operates predominantly in Malaysia.
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