Bus Cap Bhd (XKLS:0455) Return-on-Tangible-Asset: 16.45% (As of Dec. 2025) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0455 Bus Cap Bhd XKLS:0455
15 GF Score
Price RM0.29
! 2 Warning Signs
View Full Analysis

What is Bus Cap Bhd Return-on-Tangible-Asset?

Bus Cap Bhd XKLS:0455 +1.75% 15 Return-on-Tangible-Asset is 16.45% as of Dec. 2025, which is 13% above its 10-year median of 14.51. GuruFocus rates XKLS:0455 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Bus Cap Bhd ranks better than 96.02% 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. Bus Cap Bhd's annualized Net Income for the quarter that ended in Dec. 2025 was RM9.81 Mil. Bus Cap Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM59.62 Mil. Therefore, Bus Cap Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 16.45%.

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

XKLS:0455' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.38   Med: 14.51   Max: 19.67
Current: 16.45

During the past 4 years, Bus Cap Bhd's highest Return-on-Tangible-Asset was 19.67%. The lowest was 2.38%. And the median was 14.51%.

XKLS:0455's Return-on-Tangible-Asset is ranked better than
96.02% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 3.19 vs XKLS:0455: 16.45

Bus Cap Bhd  (XKLS:0455) 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.


Bus Cap Bhd Return-on-Tangible-Asset Related Terms


Bus Cap Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bus Cap 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.

Bus Cap Bhd Return-on-Tangible-Asset Chart

Bus Cap Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
2.38 12.56 19.67 16.45

Bus Cap Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset 2.38 12.56 19.67 16.45

XKLS:0455 vs TSLA, GM, F: Return-on-Tangible-Asset Comparison

For the Auto Manufacturers subindustry, Bus Cap 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.


Bus Cap Bhd Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bus Cap Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bus Cap Bhd's Return-on-Tangible-Asset falls into.


XKLS:0455
15GF Score
Bus Cap Bhd XKLS:0455
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bus Cap Bhd Return-on-Tangible-Asset Calculation

Bus Cap 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 )
=9.806/( (44.712+74.527)/ 2 )
=9.806/59.6195
=16.45 %

Bus Cap 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 )
=9.806/( (44.712+74.527)/ 2 )
=9.806/59.6195
=16.45 %

* 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 16.45% mean?
Bus Cap Bhd (XKLS:0455) has a Return-on-Tangible-Asset of 16.45% 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 Bus Cap Bhd and its competitors. This is 13% above median its historical median of 14.51. Over the past decade, Bus Cap Bhd's Return-on-Tangible-Asset has ranged from 2.38 to 19.67. According to the industry distribution chart, Bus Cap Bhd ranks #53 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 4%.
Is Bus Cap Bhd's Return-on-Tangible-Asset too high?
Bus Cap Bhd's current Return-on-Tangible-Asset of 16.45% is 13% above median its 10-year median of 14.51. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 19.67. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. Bus Cap Bhd's value of 16.45% is 415.7% above this industry median. Based on the distribution chart, Bus Cap Bhd ranks #53 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bus Cap Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bus Cap Bhd's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bus Cap Bhd ranks #53 out of 1331 companies for Return-on-Tangible-Asset. This places Bus Cap Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.19. Bus Cap Bhd's value of 16.45% is 415.7% above this benchmark. Historically, Bus Cap Bhd's own Return-on-Tangible-Asset has ranged from 2.38 to 19.67 over the past decade. While the company's 10-year median is 14.51 vs. the industry median of 3.19, Bus Cap 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.19, based on 1,331 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. Bus Cap Bhd's current Return-on-Tangible-Asset of 16.45% is 415.7% 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 Bus Cap Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bus Cap Bhd's current Return-on-Tangible-Asset is 16.45%, which is 13% above median its own 10-year median of 14.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bus Cap Bhd stock overvalued right now?
Bus Cap Bhd (XKLS:0455) has a current Return-on-Tangible-Asset of 16.45%. The current Return-on-Tangible-Asset is 16.45%, which is 13% above median its 10-year median of 14.51 and 415.7% above the Vehicles & Parts industry median of 3.19. Bus Cap Bhd's overall GF Score™ is 15/100 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 Bus Cap Bhd (XKLS:0455), the current Return-on-Tangible-Asset is 16.45% 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.

Bus Cap Bhd Business Description

Address No. 8-10, Solok Rishah 3, Kawasan Perindustrian Silibin, Ipoh, PRK, MYS, 30100
Bus Cap Bhd is an investment holding company. Through its Subsidiary, the company is principally involved in bus building, covering the design and manufacturing of bus bodies, assembly of bus bodies with chassis sourced from chassis principals/dealers, sourcing and installation of fittings and accessories to form CBU buses as well as provision of bus repair and maintenance services. The company's business segments are: (i) Sales of buses; and (ii) Provision of repair and maintenance services for buses. The majority of revenue is derived from the Sales of buses, mainly semi-high deck buses. Geographically, the maximum revenue is generated from Malaysia and the rest from Singapore.
15GF Score

Get the complete analysis for XKLS:0455

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

RM0.29
Price