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.
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.
Elsa BhdXKLS:0458 -2.27%16 Return-on-Tangible-Asset is 10.13% as of Dec. 2025, which is 14% below its 10-year median of 11.76. GuruFocus rates XKLS:0458 with a GF Score™ of 16/100. Among 1,038 Oil & Gas companies, Elsa Bhd ranks better than 85.36% 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. Elsa Bhd's annualizedNet Income for the quarter that ended in Dec. 2025 was RM10.8 Mil. Elsa Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM106.2 Mil. Therefore, Elsa Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.13%.
The historical rank and industry rank for Elsa Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0458'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10 Med: 11.76 Max: 20.23
Current: 10.13
During the past 4 years, Elsa Bhd's highest Return-on-Tangible-Asset was 20.23%. The lowest was 10.00%. And the median was 11.76%.
XKLS:0458's Return-on-Tangible-Asset is ranked better than 85.36% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.34
vs XKLS:0458: 10.13
Elsa Bhd (XKLS:0458) 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.
Elsa Bhd Return-on-Tangible-Asset Related Terms
Elsa Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Elsa 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.
Elsa Bhd Return-on-Tangible-Asset Chart
Elsa Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
10.00
20.23
13.39
10.13
Elsa Bhd Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
10.00
20.23
13.39
10.13
XKLS:0458 vs SLB, BKR, FTI: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Elsa 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.
Elsa Bhd Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Elsa Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Elsa 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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.13% mean?
Elsa Bhd (XKLS:0458) has a Return-on-Tangible-Asset of 10.13% 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 Elsa Bhd and its competitors. This is 14% below median its historical median of 11.76. Over the past decade, Elsa Bhd's Return-on-Tangible-Asset has ranged from 10.00 to 20.23. According to the industry distribution chart, Elsa Bhd ranks #152 out of 1038 companies in the Oil & Gas industry, placing it in the top 14.6%.
Is Elsa Bhd's Return-on-Tangible-Asset too high?
Elsa Bhd's current Return-on-Tangible-Asset of 10.13% is 14% below median its 10-year median of 11.76. Over the past 10 years, this metric has ranged from a low of 10.00 to a high of 20.23. The Oil & Gas industry median Return-on-Tangible-Asset is 2.34. Elsa Bhd's value of 10.13% is 332.9% above this industry median. Based on the distribution chart, Elsa Bhd ranks #152 out of 1038 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Elsa Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Elsa Bhd's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Elsa Bhd ranks #152 out of 1038 companies for Return-on-Tangible-Asset. This places Elsa Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.34. Elsa Bhd's value of 10.13% is 332.9% above this benchmark. Historically, Elsa Bhd's own Return-on-Tangible-Asset has ranged from 10.00 to 20.23 over the past decade. While the company's 10-year median is 11.76 vs. the industry median of 2.34, Elsa 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 2.34, 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. Elsa Bhd's current Return-on-Tangible-Asset of 10.13% is 332.9% 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 Elsa Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elsa Bhd's current Return-on-Tangible-Asset is 10.13%, which is 14% below median its own 10-year median of 11.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsa Bhd stock overvalued right now?
Elsa Bhd (XKLS:0458) has a current Return-on-Tangible-Asset of 10.13%. The current Return-on-Tangible-Asset is 10.13%, which is 14% below median its 10-year median of 11.76 and 332.9% above the Oil & Gas industry median of 2.34. Elsa Bhd's overall GF Score™ is 16/100. 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 Elsa Bhd (XKLS:0458), the current Return-on-Tangible-Asset is 10.13% 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.
Elsa Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of O&G service and equipment solutions which include, amongst others, oilfield service solutions, talent solutions, digital solutions as well as robotics and engineering solutions. Its main business segments comprise: i) Oilfield service solutions, Talent solutions, Digital solutions, and Robotics and engineering solutions. The majority of revenue is derived from the Oilfield service solutions segment, which include supporting activities throughout the lifecycle of an oilfield, mainly in subsurface geoscience and petroleum engineering services, production optimisation services and well services subsegments. Geographically, key revenue is derived from Malaysia.
16GF Score
Get the complete analysis for XKLS:0458
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0458 has been successfully added to your 
