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TCS Group Holdings BhdXKLS:0221 +6.67% Return-on-Tangible-Asset is 0.39% as of Mar. 2026, which is 93% below its 10-year median of 5.41. The stock has 7 warning signs investors should review. Among 1,788 Construction companies, TCS Group Holdings Bhd ranks worse than 67.56% 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. TCS Group Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM1.1 Mil. TCS Group Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM291.4 Mil. Therefore, TCS Group Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.39%.
The historical rank and industry rank for TCS Group Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0221'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.9 Med: 5.41 Max: 10.8
Current: 0.82
During the past 10 years, TCS Group Holdings Bhd's highest Return-on-Tangible-Asset was 10.80%. The lowest was -13.90%. And the median was 5.41%.
XKLS:0221's Return-on-Tangible-Asset is ranked worse than 67.56% of 1788
companies
in the Construction industry
Industry Median: 3.095
vs XKLS:0221: 0.82
TCS Group Holdings Bhd (XKLS:0221) 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.
TCS Group Holdings Bhd Return-on-Tangible-Asset Related Terms
TCS Group Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TCS Group Holdings 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.
TCS Group Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:0221 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, TCS Group Holdings 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.
TCS Group Holdings Bhd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, TCS Group Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TCS Group Holdings 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 0.39% mean?
TCS Group Holdings Bhd (XKLS:0221) has a Return-on-Tangible-Asset of 0.39% 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 TCS Group Holdings Bhd and its competitors. This is 93% below median its historical median of 5.41. According to the industry distribution chart, TCS Group Holdings Bhd ranks #1208 out of 1788 companies in the Construction industry, placing it in the top 67.6%.
Is TCS Group Holdings Bhd's Return-on-Tangible-Asset too high?
TCS Group Holdings Bhd's current Return-on-Tangible-Asset of 0.39% is 93% below median its 10-year median of 5.41. The Construction industry median Return-on-Tangible-Asset is 3.10. TCS Group Holdings Bhd's value of 0.39% is 87.4% below this industry median. Based on the distribution chart, TCS Group Holdings Bhd ranks #1208 out of 1788 companies in the Construction industry, which is below the industry midpoint.
How does TCS Group Holdings Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, TCS Group Holdings Bhd ranks #1208 out of 1788 companies for Return-on-Tangible-Asset. This places TCS Group Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.10. TCS Group Holdings Bhd's value of 0.39% is 87.4% below this benchmark. While the company's 10-year median is 5.41 vs. the industry median of 3.10, TCS Group Holdings 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.10, based on 1,788 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. TCS Group Holdings Bhd's current Return-on-Tangible-Asset of 0.39% is 87.4% 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 TCS Group Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCS Group Holdings Bhd's current Return-on-Tangible-Asset is 0.39%, which is 93% below median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCS Group Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, TCS Group Holdings Bhd (XKLS:0221) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.12, compared to a current price of RM0.08 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.39%, which is 93% below median its 10-year median of 5.41 and 87.4% below the Construction industry median of 3.10. 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 TCS Group Holdings Bhd (XKLS:0221), the current Return-on-Tangible-Asset is 0.39% 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.
TCS Group Holdings Bhd is a building and infrastructure construction services provider for residential, commercial, and civil works in Malaysia. The Group has completed various types of residential buildings such as terrace houses, bungalows, high-rise apartments and condominium, as well as commercial buildings such as shop offices, shopping complexes, factory buildings and purpose-built buildings. Its services also include civil works such as roads, water and sewerage treatment plants, electrical substations, water tanks, and reticulation systems for townships. Its projects include BRDB Sales Gallery in Subang Jaya, Selangor, the IOI Moxy Hotel in IOI Resort City, Putrajaya, M Arisa in Sentul, Kuala Lumpur, and others. The Group's operations are predominantly carried out in Malaysia.
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