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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. Icents Group Holdings Bhd's annualizedNet Income for the quarter that ended in Jun. 2026 was RM-5.0 Mil. Icents Group Holdings Bhd's average total tangible assets for the quarter that ended in Jun. 2026 was RM102.1 Mil. Therefore, Icents Group Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -4.88%.
The historical rank and industry rank for Icents Group Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0366'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.28 Med: 14.47 Max: 16.57
Current: 5.35
During the past 5 years, Icents Group Holdings Bhd's highest Return-on-Tangible-Asset was 16.57%. The lowest was 5.28%. And the median was 14.47%.
XKLS:0366's Return-on-Tangible-Asset is ranked better than 65.09% of 1793
companies
in the Construction industry
Industry Median: 3.06
vs XKLS:0366: 5.35
Icents Group Holdings Bhd (XKLS:0366) 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.
Icents Group Holdings Bhd Return-on-Tangible-Asset Related Terms
Icents Group Holdings Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Icents 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.
Icents Group Holdings Bhd Return-on-Tangible-Asset Chart
XKLS:0366 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Icents 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.
Icents Group Holdings Bhd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Icents Group Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Icents 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -4.88% mean?
Icents Group Holdings Bhd (XKLS:0366) has a Return-on-Tangible-Asset of -4.88% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Icents Group Holdings Bhd and its competitors. Over the past decade, Icents Group Holdings Bhd's Return-on-Tangible-Asset has ranged from 5.28 to 16.57. According to the industry distribution chart, Icents Group Holdings Bhd ranks #626 out of 1793 companies in the Construction industry, placing it in the top 34.9%.
Is Icents Group Holdings Bhd's Return-on-Tangible-Asset too high?
Icents Group Holdings Bhd's current Return-on-Tangible-Asset is -4.88%. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 16.57. Based on the distribution chart, Icents Group Holdings Bhd ranks #626 out of 1793 companies in the Construction industry, which is above the industry midpoint. Overall, Icents Group Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Icents Group Holdings Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Icents Group Holdings Bhd ranks #626 out of 1793 companies for Return-on-Tangible-Asset. This puts Icents Group Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Historically, Icents Group Holdings Bhd's own Return-on-Tangible-Asset has ranged from 5.28 to 16.57 over the past decade. 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 3.06, based on 1,793 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. 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 Icents Group Holdings Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icents Group Holdings Bhd's current Return-on-Tangible-Asset is -4.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icents Group Holdings Bhd stock overvalued right now?
Icents Group Holdings Bhd (XKLS:0366) has a current Return-on-Tangible-Asset of -4.88%. The current Return-on-Tangible-Asset is -4.88%. Icents Group Holdings Bhd's overall GF Score™ is 19/100 with 2 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 Icents Group Holdings Bhd (XKLS:0366), the current Return-on-Tangible-Asset is -4.88% as of Jun. 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.
Icents Group Holdings Bhd is involved in the provision of cleanroom services comprising EPCC of cleanrooms, construction of cleanrooms, and other activities. It is also involved in providing other facility services comprising hook-up of machinery and equipment, supply and installation of heavy-duty ceiling systems, construction services, and other activities. Its activities are divided into two segments Cleanroom services comprise EPCC of cleanrooms, construction of cleanrooms, and other activities; and Other facility services comprise hook-up of machinery and equipment, supply and installation of heavy-duty ceiling systems, construction services, and other activities. It also manufactures cleanroom fixtures and related products.
19GF Score
Get the complete analysis for XKLS:0366
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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