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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. SL Innovation Capital Bhd's annualizedNet Income for the quarter that ended in Dec. 2025 was RM3.03 Mil. SL Innovation Capital Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM27.06 Mil. Therefore, SL Innovation Capital Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.18%.
The historical rank and industry rank for SL Innovation Capital Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03008'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.22 Med: 9.37 Max: 17.65
Current: 8.15
During the past 11 years, SL Innovation Capital Bhd's highest Return-on-Tangible-Asset was 17.65%. The lowest was 7.22%. And the median was 9.37%.
XKLS:03008's Return-on-Tangible-Asset is not ranked
in the Software industry.
Industry Median: 2.07
vs XKLS:03008: 8.15
SL Innovation Capital Bhd (XKLS:03008) 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.
SL Innovation Capital Bhd Return-on-Tangible-Asset Related Terms
SL Innovation Capital Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SL Innovation Capital 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.
SL Innovation Capital Bhd Return-on-Tangible-Asset Chart
XKLS:03008 vs ACN, IBM, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, SL Innovation Capital 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.
SL Innovation Capital Bhd Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, SL Innovation Capital Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SL Innovation Capital 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.18% mean?
SL Innovation Capital Bhd (XKLS:03008) has a Return-on-Tangible-Asset of 11.18% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SL Innovation Capital Bhd and its competitors. This is 19% above median its historical median of 9.37. Over the past decade, SL Innovation Capital Bhd's Return-on-Tangible-Asset has ranged from 7.22 to 17.65.
Is SL Innovation Capital Bhd's Return-on-Tangible-Asset too high?
SL Innovation Capital Bhd's current Return-on-Tangible-Asset of 11.18% is 19% above median its 10-year median of 9.37. Over the past 10 years, this metric has ranged from a low of 7.22 to a high of 17.65. The Software industry median Return-on-Tangible-Asset is 2.07. SL Innovation Capital Bhd's value of 11.18% is 440.1% above this industry median. Overall, SL Innovation Capital Bhd has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does SL Innovation Capital Bhd's Return-on-Tangible-Asset compare to ACN and IBM?
SL Innovation Capital Bhd's Return-on-Tangible-Asset of 11.18% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.07. SL Innovation Capital Bhd's value of 11.18% is 440.1% above this benchmark. Historically, SL Innovation Capital Bhd's own Return-on-Tangible-Asset has ranged from 7.22 to 17.65 over the past decade. While the company's 10-year median is 9.37 vs. the industry median of 2.07, SL Innovation Capital 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 2.07, based on 2,893 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. SL Innovation Capital Bhd's current Return-on-Tangible-Asset of 11.18% is 440.1% 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 SL Innovation Capital Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SL Innovation Capital Bhd's current Return-on-Tangible-Asset is 11.18%, which is 19% above median its own 10-year median of 9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SL Innovation Capital Bhd stock overvalued right now?
SL Innovation Capital Bhd (XKLS:03008) has a current Return-on-Tangible-Asset of 11.18%. The stock's GF Value™ is RM0.50, compared to a current price of RM0.69 — trading 37% above its estimated fair value. The current Return-on-Tangible-Asset is 11.18%, which is 19% above median its 10-year median of 9.37 and 440.1% above the Software industry median of 2.07. SL Innovation Capital Bhd's overall GF Score™ is 54/100 with 7 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 SL Innovation Capital Bhd (XKLS:03008), the current Return-on-Tangible-Asset is 11.18% as of Dec. 2025. 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 SL Innovation Capital Bhd (XKLS:03008) Overvalued in 2026?
Based on GuruFocus' analysis, SL Innovation Capital Bhd stock appears to be overvalued.
The current stock price of RM0.69 is trading 37% above its estimated GF Value™ of RM0.50.
Key valuation signals for XKLS:03008:
Return-on-Tangible-Asset: 11.18% (19% above median its 10-year median of 9.37)
GF Value™: RM0.50 vs. price of RM0.69 (37% above fair value)
Industry Position: 440.1% above the Software median
No single metric tells the full story. See the XKLS:03008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SL Innovation Capital Bhd provides management services. Along with its subsidiaries, it operates in the following reportable segments based on its products and services; IT infrastructure technology solutions, Business process automation solutions, and Others. Maximum revenue is generated from its IT infrastructure technology solutions segment, which provides hardware, system software, network resources, and related accessories required in the operation and management of an enterprise's IT environment. The business process automation solutions segment offers business process management software, and the Others segment provides management and operation services. Geographically, the company derives its key revenue from Malaysia followed by Indonesia, Korea, Myanmar, and Singapore.
54GF Score
Get the complete analysis for XKLS:03008
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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