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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. RedPlanet Bhd's annualizedNet Income for the quarter that ended in Dec. 2025 was RM6.15 Mil. RedPlanet Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM41.83 Mil. Therefore, RedPlanet Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.70%.
The historical rank and industry rank for RedPlanet Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:03036'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.09 Med: 26.4 Max: 37.33
Current: 12.25
During the past 8 years, RedPlanet Bhd's highest Return-on-Tangible-Asset was 37.33%. The lowest was 12.09%. And the median was 26.40%.
XKLS:03036's Return-on-Tangible-Asset is not ranked
in the Software industry.
Industry Median: 2.07
vs XKLS:03036: 12.25
RedPlanet Bhd (XKLS:03036) 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.
RedPlanet Bhd Return-on-Tangible-Asset Related Terms
RedPlanet Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for RedPlanet 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.
XKLS:03036 vs IBM, ACN, FI: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, RedPlanet 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.
RedPlanet Bhd Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, RedPlanet Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where RedPlanet 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 14.70% mean?
RedPlanet Bhd (XKLS:03036) has a Return-on-Tangible-Asset of 14.70% 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 RedPlanet Bhd and its competitors. This is 44% below median its historical median of 26.40. Over the past decade, RedPlanet Bhd's Return-on-Tangible-Asset has ranged from 12.09 to 37.33.
Is RedPlanet Bhd's Return-on-Tangible-Asset too high?
RedPlanet Bhd's current Return-on-Tangible-Asset of 14.70% is 44% below median its 10-year median of 26.40. Over the past 10 years, this metric has ranged from a low of 12.09 to a high of 37.33. The Software industry median Return-on-Tangible-Asset is 2.07. RedPlanet Bhd's value of 14.70% is 610.1% above this industry median. Overall, RedPlanet Bhd has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does RedPlanet Bhd's Return-on-Tangible-Asset compare to IBM and ACN?
RedPlanet Bhd's Return-on-Tangible-Asset of 14.70% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.07. RedPlanet Bhd's value of 14.70% is 610.1% above this benchmark. Historically, RedPlanet Bhd's own Return-on-Tangible-Asset has ranged from 12.09 to 37.33 over the past decade. While the company's 10-year median is 26.40 vs. the industry median of 2.07, RedPlanet 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 2,892 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. RedPlanet Bhd's current Return-on-Tangible-Asset of 14.70% is 610.1% 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 RedPlanet 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. RedPlanet Bhd's current Return-on-Tangible-Asset is 14.70%, which is 44% below median its own 10-year median of 26.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedPlanet Bhd stock overvalued right now?
RedPlanet Bhd (XKLS:03036) has a current Return-on-Tangible-Asset of 14.70%. The stock's GF Value™ is RM0.28, compared to a current price of RM0.15 — trading 46.4% below its estimated fair value. The current Return-on-Tangible-Asset is 14.70%, which is 44% below median its 10-year median of 26.40 and 610.1% above the Software industry median of 2.07. RedPlanet Bhd's overall GF Score™ is 63/100 with 4 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 RedPlanet Bhd (XKLS:03036), the current Return-on-Tangible-Asset is 14.70% 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 RedPlanet Bhd (XKLS:03036) Overvalued in 2026?
Based on GuruFocus' analysis, RedPlanet Bhd stock appears to be undervalued.
The current stock price of RM0.15 is trading 46.4% below its estimated GF Value™ of RM0.28.
Key valuation signals for XKLS:03036:
Return-on-Tangible-Asset: 14.70% (44% below median its 10-year median of 26.40)
GF Value™: RM0.28 vs. price of RM0.15 (46.4% below fair value)
Industry Position: 610.1% above the Software median
No single metric tells the full story. See the XKLS:03036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RedPlanet Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the provision of GIS solutions, ICT solutions, as well as maintenance and support services. Its GIS solutions assist its customers in activities such as location search, navigation, logistics routing, customer targeting, and urban planning. The company also provides enterprise-wide business-oriented tools involving data management processes such as data collection, data processing, data digitization, and others. Geographically, the company derives maximum revenue from its customers in Malaysia followed by India, Brunei, Philippines, and other regions.
63GF Score
Get the complete analysis for XKLS:03036
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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