Golden Destinations Group Bhd (XKLS:0398) Return-on-Tangible-Asset: 15.58% (As of Dec. 2025) — Near Median

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XKLS:0398 Golden Destinations Group Bhd XKLS:0398
16 GF Score
Price RM0.39
! 1 Warning Sign
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What is Golden Destinations Group Bhd Return-on-Tangible-Asset?

Golden Destinations Group Bhd XKLS:0398 16 Return-on-Tangible-Asset is 15.58% as of Dec. 2025, which is 5% below its 10-year median of 16.47. GuruFocus rates XKLS:0398 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 854 Travel & Leisure companies, Golden Destinations Group Bhd ranks better than 91.8% 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. Golden Destinations Group Bhd's annualized Net Income for the quarter that ended in Dec. 2025 was RM28.4 Mil. Golden Destinations Group Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM182.1 Mil. Therefore, Golden Destinations Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 15.58%.

The historical rank and industry rank for Golden Destinations Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:0398' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.5   Med: 16.47   Max: 27.19
Current: 15.58

During the past 4 years, Golden Destinations Group Bhd's highest Return-on-Tangible-Asset was 27.19%. The lowest was 2.50%. And the median was 16.47%.

XKLS:0398's Return-on-Tangible-Asset is ranked better than
91.8% of 854 companies
in the Travel & Leisure industry
Industry Median: 2.74 vs XKLS:0398: 15.58

Golden Destinations Group Bhd  (XKLS:0398) 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 company’s 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 company’s 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.


Golden Destinations Group Bhd Return-on-Tangible-Asset Related Terms


Golden Destinations Group Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Golden Destinations Group 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.

Golden Destinations Group Bhd Return-on-Tangible-Asset Chart

Golden Destinations Group Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
2.50 17.35 27.19 15.58

Golden Destinations Group Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset 2.50 17.35 27.19 15.58

XKLS:0398 vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Golden Destinations Group 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.


Golden Destinations Group Bhd Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Destinations Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Golden Destinations Group Bhd's Return-on-Tangible-Asset falls into.


XKLS:0398
16GF Score
Golden Destinations Group Bhd XKLS:0398
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Destinations Group Bhd Return-on-Tangible-Asset Calculation

Golden Destinations Group Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=28.358/( (137.428+226.701)/ 2 )
=28.358/182.0645
=15.58 %

Golden Destinations Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=28.358/( (137.428+226.701)/ 2 )
=28.358/182.0645
=15.58 %

* 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 one times the annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 15.58% mean?
Golden Destinations Group Bhd (XKLS:0398) has a Return-on-Tangible-Asset of 15.58% 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 Golden Destinations Group Bhd and its competitors. This is near median its historical median of 16.47. Over the past decade, Golden Destinations Group Bhd's Return-on-Tangible-Asset has ranged from 2.50 to 27.19. According to the industry distribution chart, Golden Destinations Group Bhd ranks #70 out of 854 companies in the Travel & Leisure industry, placing it in the top 8.2%.
Is Golden Destinations Group Bhd's Return-on-Tangible-Asset too high?
Golden Destinations Group Bhd's current Return-on-Tangible-Asset of 15.58% is near median its 10-year median of 16.47. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 27.19. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.74. Golden Destinations Group Bhd's value of 15.58% is 468.6% above this industry median. Based on the distribution chart, Golden Destinations Group Bhd ranks #70 out of 854 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Destinations Group Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Golden Destinations Group Bhd's Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Golden Destinations Group Bhd ranks #70 out of 854 companies for Return-on-Tangible-Asset. This places Golden Destinations Group Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Golden Destinations Group Bhd's value of 15.58% is 468.6% above this benchmark. Historically, Golden Destinations Group Bhd's own Return-on-Tangible-Asset has ranged from 2.50 to 27.19 over the past decade. While the company's 10-year median is 16.47 vs. the industry median of 2.74, Golden Destinations Group 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.74, based on 854 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. Golden Destinations Group Bhd's current Return-on-Tangible-Asset of 15.58% is 468.6% 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 Golden Destinations Group Bhd and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Destinations Group Bhd's current Return-on-Tangible-Asset is 15.58%, which is near median its own 10-year median of 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Destinations Group Bhd stock overvalued right now?
Golden Destinations Group Bhd (XKLS:0398) has a current Return-on-Tangible-Asset of 15.58%. The current Return-on-Tangible-Asset is 15.58%, which is near median its 10-year median of 16.47 and 468.6% above the Travel & Leisure industry median of 2.74. Golden Destinations Group Bhd's overall GF Score™ is 16/100 with 1 warning sign 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 Golden Destinations Group Bhd (XKLS:0398), the current Return-on-Tangible-Asset is 15.58% 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.

Golden Destinations Group Bhd Business Description

Address Jalan Raja Chulan, Lot 345 - 346, 3rd Floor, Wisma New Asia, Wilayah Persekutuan, Kuala Lumpur, MYS, 50200
Golden Destinations Group Bhd is an investment holding company. Through its subsidiary, the company is principally involved as a full-service outbound travel experience curator, offering a comprehensive suite of outbound travel experience products and services under its brand Golden Destinations (GD). Its business segments include: i) Travel experience segment (comprising series travel experience packages, cruise travel experience packages and other travel experience packages) and ii) Standalone travel support services segment (ticketing services). The majority of the company's revenue is derived from the Travel experience segment, mainly through the series travel experience packages. Geographically, it operates in China, East Asia, Southeast Asia, Europe, and Other regions.
16GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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