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Vetece Holdings BhdXKLS:0319 +4.44%18 Return-on-Tangible-Asset is 8.66% as of Feb. 2026, which is 17% below its 10-year median of 10.48. GuruFocus rates XKLS:0319 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,892 Software companies, Vetece Holdings Bhd ranks better than 64.83% 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. Vetece Holdings Bhd's annualizedNet Income for the quarter that ended in Feb. 2026 was RM4.14 Mil. Vetece Holdings Bhd's average total tangible assets for the quarter that ended in Feb. 2026 was RM47.83 Mil. Therefore, Vetece Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 8.66%.
The historical rank and industry rank for Vetece Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0319'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.01 Med: 10.48 Max: 23.7
Current: 6.16
During the past 5 years, Vetece Holdings Bhd's highest Return-on-Tangible-Asset was 23.70%. The lowest was 3.01%. And the median was 10.48%.
XKLS:0319's Return-on-Tangible-Asset is ranked better than 64.83% of 2892
companies
in the Software industry
Industry Median: 2.05
vs XKLS:0319: 6.16
Vetece Holdings Bhd (XKLS:0319) 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.
Vetece Holdings Bhd Return-on-Tangible-Asset Related Terms
Vetece Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Vetece 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.
Vetece Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:0319 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Vetece 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.
Vetece Holdings Bhd Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Vetece Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vetece 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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.66% mean?
Vetece Holdings Bhd (XKLS:0319) has a Return-on-Tangible-Asset of 8.66% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vetece Holdings Bhd and its competitors. This is 17% below median its historical median of 10.48. Over the past decade, Vetece Holdings Bhd's Return-on-Tangible-Asset has ranged from 3.01 to 23.70. According to the industry distribution chart, Vetece Holdings Bhd ranks #1017 out of 2892 companies in the Software industry, placing it in the top 35.2%.
Is Vetece Holdings Bhd's Return-on-Tangible-Asset too high?
Vetece Holdings Bhd's current Return-on-Tangible-Asset of 8.66% is 17% below median its 10-year median of 10.48. Over the past 10 years, this metric has ranged from a low of 3.01 to a high of 23.70. The Software industry median Return-on-Tangible-Asset is 2.05. Vetece Holdings Bhd's value of 8.66% is 322.4% above this industry median. Based on the distribution chart, Vetece Holdings Bhd ranks #1017 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Vetece Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Vetece Holdings Bhd's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Vetece Holdings Bhd ranks #1017 out of 2892 companies for Return-on-Tangible-Asset. This puts Vetece Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.05. Vetece Holdings Bhd's value of 8.66% is 322.4% above this benchmark. Historically, Vetece Holdings Bhd's own Return-on-Tangible-Asset has ranged from 3.01 to 23.70 over the past decade. While the company's 10-year median is 10.48 vs. the industry median of 2.05, Vetece Holdings 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 2.05, 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. Vetece Holdings Bhd's current Return-on-Tangible-Asset of 8.66% is 322.4% 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 Vetece Holdings Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vetece Holdings Bhd's current Return-on-Tangible-Asset is 8.66%, which is 17% below median its own 10-year median of 10.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetece Holdings Bhd stock overvalued right now?
Vetece Holdings Bhd (XKLS:0319) has a current Return-on-Tangible-Asset of 8.66%. The current Return-on-Tangible-Asset is 8.66%, which is 17% below median its 10-year median of 10.48 and 322.4% above the Software industry median of 2.05. Vetece Holdings Bhd's overall GF Score™ is 18/100 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 Vetece Holdings Bhd (XKLS:0319), the current Return-on-Tangible-Asset is 8.66% as of Feb. 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.
Vetece Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is principally an information technology (IT) solutions provider, providing implementation services, maintenance, support, and professional services as well as the resale of hardware and software. It offers comprehensive end-to-end technology services, specializing in AI and data solutions, consulting, development, operation, testing, and maintenance. The company's operating segments are: Implementation services, Maintenance, support and professional services, and Resale of hardware and software. The majority of the revenue is derived from the Implementation services segment, which involves providing IT services to its clients.
18GF Score
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