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PSP Energy BhdXKLS:0383 13 Return-on-Tangible-Asset is 9.18% as of Mar. 2026, which is 3% below its 10-year median of 9.42. GuruFocus rates XKLS:0383 with a GF Score™ of 13/100. Among 1,038 Oil & Gas companies, PSP Energy Bhd ranks better than 54.53% 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. PSP Energy Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM28.0 Mil. PSP Energy Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM304.4 Mil. Therefore, PSP Energy Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.18%.
The historical rank and industry rank for PSP Energy Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0383'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.24 Med: 9.42 Max: 9.73
Current: 3.24
During the past 3 years, PSP Energy Bhd's highest Return-on-Tangible-Asset was 9.73%. The lowest was 3.24%. And the median was 9.42%.
XKLS:0383's Return-on-Tangible-Asset is ranked better than 54.53% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.505
vs XKLS:0383: 3.24
PSP Energy Bhd (XKLS:0383) 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.
PSP Energy Bhd Return-on-Tangible-Asset Related Terms
PSP Energy Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PSP Energy 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:0383 vs WMB, EPD, KMI: Return-on-Tangible-Asset Comparison
For the Oil & Gas Midstream subindustry, PSP Energy 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.
PSP Energy Bhd Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PSP Energy Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PSP Energy 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 9.18% mean?
PSP Energy Bhd (XKLS:0383) has a Return-on-Tangible-Asset of 9.18% 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 PSP Energy Bhd and its competitors. This is near median its historical median of 9.42. Over the past decade, PSP Energy Bhd's Return-on-Tangible-Asset has ranged from 3.24 to 9.73. According to the industry distribution chart, PSP Energy Bhd ranks #472 out of 1038 companies in the Oil & Gas industry, placing it in the top 45.5%.
Is PSP Energy Bhd's Return-on-Tangible-Asset too high?
PSP Energy Bhd's current Return-on-Tangible-Asset of 9.18% is near median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 9.73. The Oil & Gas industry median Return-on-Tangible-Asset is 2.51. PSP Energy Bhd's value of 9.18% is 266.5% above this industry median. Based on the distribution chart, PSP Energy Bhd ranks #472 out of 1038 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PSP Energy Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PSP Energy Bhd's Return-on-Tangible-Asset compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, PSP Energy Bhd ranks #472 out of 1038 companies for Return-on-Tangible-Asset. This puts PSP Energy Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.51. PSP Energy Bhd's value of 9.18% is 266.5% above this benchmark. Historically, PSP Energy Bhd's own Return-on-Tangible-Asset has ranged from 3.24 to 9.73 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 2.51, PSP Energy 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.51, based on 1,038 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. PSP Energy Bhd's current Return-on-Tangible-Asset of 9.18% is 266.5% 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 PSP Energy Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Energy Bhd's current Return-on-Tangible-Asset is 9.18%, which is near median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Energy Bhd stock overvalued right now?
PSP Energy Bhd (XKLS:0383) has a current Return-on-Tangible-Asset of 9.18%. The current Return-on-Tangible-Asset is 9.18%, which is near median its 10-year median of 9.42 and 266.5% above the Oil & Gas industry median of 2.51. PSP Energy Bhd's overall GF Score™ is 13/100. 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 PSP Energy Bhd (XKLS:0383), the current Return-on-Tangible-Asset is 9.18% 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.
PSP Energy Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the trading and distribution of fuel and lubricant products in Malaysia. The company's key business segments are: (i) Trading of fuel products: Purchase and sales of fuel products on a wholesale basis (ii) Distribution of fuel products: Purchase, sales and delivery of fuel products using its own fleet of road tankers and/or bunker vessels (iii) Distribution of lubricant products: Purchase, sales and delivery of third-party and own brands of lubricant products using its own lorries. The company generates the majority of its revenue from the Distribution of fuel products segment. Geographically, it derives the maximum revenue from Malaysia.
13GF Score
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