Tower Real Estate Investment Trust (XKLS:5111) Return-on-Tangible-Asset: 1.61% (As of Mar. 2026) — 46% Above Median

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XKLS:5111 Tower Real Estate Investment Trust XKLS:5111
24 GF Score
Price RM0.32
GF Value RM0.27
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tower Real Estate Investment Trust Return-on-Tangible-Asset?

Tower Real Estate Investment Trust XKLS:5111 +1.61% 24 Return-on-Tangible-Asset is 1.61% as of Mar. 2026, which is 46% above its 10-year median of 1.10. GuruFocus rates XKLS:5111 with a GF Score™ of 24/100 and a GF Value™ of RM0.27 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 936 REITs companies, Tower Real Estate Investment Trust ranks worse than 70.09% 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. Tower Real Estate Investment Trust's annualized Net Income for the quarter that ended in Mar. 2026 was RM13.69 Mil. Tower Real Estate Investment Trust's average total tangible assets for the quarter that ended in Mar. 2026 was RM848.41 Mil. Therefore, Tower Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.61%.

The historical rank and industry rank for Tower Real Estate Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:5111' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.15   Med: 1.1   Max: 7.34
Current: 1.15

During the past 13 years, Tower Real Estate Investment Trust's highest Return-on-Tangible-Asset was 7.34%. The lowest was -2.15%. And the median was 1.10%.

XKLS:5111's Return-on-Tangible-Asset is ranked worse than
70.09% of 936 companies
in the REITs industry
Industry Median: 3.235 vs XKLS:5111: 1.15

Tower Real Estate Investment Trust  (XKLS:5111) 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.


Tower Real Estate Investment Trust Return-on-Tangible-Asset Related Terms


Tower Real Estate Investment Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tower Real Estate Investment Trust'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.

Tower Real Estate Investment Trust Return-on-Tangible-Asset Chart

Tower Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.70 0.71 -2.15 0.70 0.86

Tower Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.46 1.31 1.20 1.61

XKLS:5111 vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison

For the REIT - Office subindustry, Tower Real Estate Investment Trust'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.


Tower Real Estate Investment Trust Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Tower Real Estate Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tower Real Estate Investment Trust's Return-on-Tangible-Asset falls into.


XKLS:5111
24GF Score
Tower Real Estate Investment Trust XKLS:5111
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tower Real Estate Investment Trust Return-on-Tangible-Asset Calculation

Tower Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=7.203/( (837.618+840.604)/ 2 )
=7.203/839.111
=0.86 %

Tower Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=13.692/( (846.716+850.113)/ 2 )
=13.692/848.4145
=1.61 %

* 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 1.61% mean?
Tower Real Estate Investment Trust (XKLS:5111) has a Return-on-Tangible-Asset of 1.61% 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 Tower Real Estate Investment Trust and its competitors. This is 46% above median its historical median of 1.10. According to the industry distribution chart, Tower Real Estate Investment Trust ranks #656 out of 936 companies in the REITs industry, placing it in the top 70.1%.
Is Tower Real Estate Investment Trust's Return-on-Tangible-Asset too high?
Tower Real Estate Investment Trust's current Return-on-Tangible-Asset of 1.61% is 46% above median its 10-year median of 1.10. The REITs industry median Return-on-Tangible-Asset is 3.24. Tower Real Estate Investment Trust's value of 1.61% is 50.2% below this industry median. Based on the distribution chart, Tower Real Estate Investment Trust ranks #656 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Tower Real Estate Investment Trust has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tower Real Estate Investment Trust's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Tower Real Estate Investment Trust ranks #656 out of 936 companies for Return-on-Tangible-Asset. This places Tower Real Estate Investment Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Tower Real Estate Investment Trust's value of 1.61% is 50.2% below this benchmark. While the company's 10-year median is 1.10 vs. the industry median of 3.24, Tower Real Estate Investment Trust has consistently been below 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.24, based on 936 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. Tower Real Estate Investment Trust's current Return-on-Tangible-Asset of 1.61% is 50.2% below 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 Tower Real Estate Investment Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tower Real Estate Investment Trust's current Return-on-Tangible-Asset is 1.61%, which is 46% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Tower Real Estate Investment Trust (XKLS:5111) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.32 — trading 16.7% above its estimated fair value. The current Return-on-Tangible-Asset is 1.61%, which is 46% above median its 10-year median of 1.10 and 50.2% below the REITs industry median of 3.24. Tower Real Estate Investment Trust's overall GF Score™ is 24/100 with 7 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 Tower Real Estate Investment Trust (XKLS:5111), the current Return-on-Tangible-Asset is 1.61% 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 Tower Real Estate Investment Trust (XKLS:5111) Overvalued in 2026?

Based on GuruFocus' analysis, Tower Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM0.32 is trading 16.7% above its estimated GF Value™ of RM0.27. GuruFocus considers Tower Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for XKLS:5111:

  • Return-on-Tangible-Asset: 1.61% (46% above median its 10-year median of 1.10)
  • GF Value™: RM0.27 vs. price of RM0.32 (16.7% above fair value)
  • GF Score™: 24/100 with 7 warning signs
  • Industry Position: 50.2% below the REITs median (#656 of 936)

No single metric tells the full story. See the XKLS:5111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tower Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address No. 6, Jalan Damanlela, Level 13, Menara Guoco, Bukit Damansara, Damansara City, Kuala Lumpur, SGR, MYS, 50490
Tower Real Estate Investment Trust is a real estate investment trust engaged in owning and investing in commercial office buildings and other prime real estate assets. The trust focuses on generating stable and regular income distributions for its unitholders while seeking medium to long-term growth in net asset value. It holds a portfolio of high-quality office and commercial properties, located mainly in strategic urban areas. The business model centers on leasing these properties to a diverse range of tenants, including multinational corporations and emerging businesses. Tower REIT only has one reportable segment, i.e. leasing of investment properties. The majority source of revenue for the company is through the rental income.
24GF Score

Get the complete analysis for XKLS:5111

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

RM0.32
Price
RM0.27
GF Value