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Magnum BhdXKLS:3859 -0.79%84 Return-on-Tangible-Asset is 21.55% as of Mar. 2026, which is 20% above its 10-year median of 17.91. GuruFocus rates XKLS:3859 with a GF Score™ of 84/100 and a GF Value™ of RM1.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, Magnum Bhd ranks better than 94.63% 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. Magnum Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM175 Mil. Magnum Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM814 Mil. Therefore, Magnum Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.55%.
The historical rank and industry rank for Magnum Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:3859'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.02 Med: 17.91 Max: 25.41
Current: 19.72
During the past 13 years, Magnum Bhd's highest Return-on-Tangible-Asset was 25.41%. The lowest was 0.02%. And the median was 17.91%.
XKLS:3859's Return-on-Tangible-Asset is ranked better than 94.63% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.75
vs XKLS:3859: 19.72
Magnum Bhd (XKLS:3859) 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.
Magnum Bhd Return-on-Tangible-Asset Related Terms
Magnum Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Magnum 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:3859 vs FLUT, DKNG, SGHC: Return-on-Tangible-Asset Comparison
For the Gambling subindustry, Magnum 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.
Magnum Bhd Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Magnum Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Magnum 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 21.55% mean?
Magnum Bhd (XKLS:3859) has a Return-on-Tangible-Asset of 21.55% 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 Magnum Bhd and its competitors. This is 20% above median its historical median of 17.91. Over the past decade, Magnum Bhd's Return-on-Tangible-Asset has ranged from 0.02 to 25.41. According to the industry distribution chart, Magnum Bhd ranks #46 out of 857 companies in the Travel & Leisure industry, placing it in the top 5.4%.
Is Magnum Bhd's Return-on-Tangible-Asset too high?
Magnum Bhd's current Return-on-Tangible-Asset of 21.55% is 20% above median its 10-year median of 17.91. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 25.41. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.75. Magnum Bhd's value of 21.55% is 683.6% above this industry median. Based on the distribution chart, Magnum Bhd ranks #46 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Magnum Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnum Bhd's Return-on-Tangible-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Magnum Bhd ranks #46 out of 857 companies for Return-on-Tangible-Asset. This places Magnum Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.75. Magnum Bhd's value of 21.55% is 683.6% above this benchmark. Historically, Magnum Bhd's own Return-on-Tangible-Asset has ranged from 0.02 to 25.41 over the past decade. While the company's 10-year median is 17.91 vs. the industry median of 2.75, Magnum 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 2.75, based on 857 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. Magnum Bhd's current Return-on-Tangible-Asset of 21.55% is 683.6% 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 Magnum Bhd and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnum Bhd's current Return-on-Tangible-Asset is 21.55%, which is 20% above median its own 10-year median of 17.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnum Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magnum Bhd (XKLS:3859) is currently considered Fairly Valued. The stock's GF Value™ is RM1.25, compared to a current price of RM1.26 — trading 0.8% above its estimated fair value. The current Return-on-Tangible-Asset is 21.55%, which is 20% above median its 10-year median of 17.91 and 683.6% above the Travel & Leisure industry median of 2.75. Magnum Bhd's overall GF Score™ is 84/100 with 5 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 Magnum Bhd (XKLS:3859), the current Return-on-Tangible-Asset is 21.55% 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.
Is Magnum Bhd (XKLS:3859) Overvalued in 2026?
Based on GuruFocus' analysis, Magnum Bhd stock appears to be overvalued.
The current stock price of RM1.26 is trading 0.8% above its estimated GF Value™ of RM1.25.
GuruFocus considers Magnum Bhd to be Fairly Valued.
Key valuation signals for XKLS:3859:
Return-on-Tangible-Asset: 21.55% (20% above median its 10-year median of 17.91)
GF Value™: RM1.25 vs. price of RM1.26 (0.8% above fair value)
Industry Position: 683.6% above the Travel & Leisure median (#46 of 857)
No single metric tells the full story. See the XKLS:3859 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magnum Bhd is an investment holding company mainly involved in the gambling industry. Magnum, through a government license, is mainly involved in the forecasting lottery business. It operates in two segments: Gaming and Investment holdings, and others. The company generates the vast majority of its revenue in Malaysia.
84GF Score
Get the complete analysis for XKLS:3859
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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