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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. JCY International Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-108.5 Mil. JCY International Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM692.8 Mil. Therefore, JCY International Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -15.66%.
The historical rank and industry rank for JCY International Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5161'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.79 Med: -3.98 Max: 3.67
Current: -15.79
During the past 13 years, JCY International Bhd's highest Return-on-Tangible-Asset was 3.67%. The lowest was -15.79%. And the median was -3.98%.
XKLS:5161's Return-on-Tangible-Asset is ranked worse than 89.69% of 2502
companies
in the Hardware industry
Industry Median: 2.445
vs XKLS:5161: -15.79
JCY International Bhd (XKLS:5161) 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.
JCY International Bhd Return-on-Tangible-Asset Related Terms
JCY International Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JCY International 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.
JCY International Bhd Return-on-Tangible-Asset Chart
XKLS:5161 vs SNDK, DELL, STX: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, JCY International 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.
JCY International Bhd Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, JCY International Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JCY International 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 -15.66% mean?
JCY International Bhd (XKLS:5161) has a Return-on-Tangible-Asset of -15.66% 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 JCY International Bhd and its competitors. According to the industry distribution chart, JCY International Bhd ranks #2244 out of 2502 companies in the Hardware industry, placing it in the top 89.7%.
Is JCY International Bhd's Return-on-Tangible-Asset too high?
JCY International Bhd's current Return-on-Tangible-Asset is -15.66%. Based on the distribution chart, JCY International Bhd ranks #2244 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, JCY International Bhd has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JCY International Bhd's Return-on-Tangible-Asset compare to SNDK and DELL?
According to the Hardware industry distribution chart, JCY International Bhd ranks #2244 out of 2502 companies for Return-on-Tangible-Asset. This places JCY International Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.45. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,502 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. 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 JCY International Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JCY International Bhd's current Return-on-Tangible-Asset is -15.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JCY International Bhd stock overvalued right now?
Based on GuruFocus' analysis, JCY International Bhd (XKLS:5161) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.37 — trading 19.4% above its estimated fair value. The current Return-on-Tangible-Asset is -15.66%. JCY International Bhd's overall GF Score™ is 34/100 with 3 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 JCY International Bhd (XKLS:5161), the current Return-on-Tangible-Asset is -15.66% 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 JCY International Bhd (XKLS:5161) Overvalued in 2026?
Based on GuruFocus' analysis, JCY International Bhd stock appears to be overvalued.
The current stock price of RM0.37 is trading 19.4% above its estimated GF Value™ of RM0.31.
GuruFocus considers JCY International Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5161:
Return-on-Tangible-Asset: -15.66%
GF Value™: RM0.31 vs. price of RM0.37 (19.4% above fair value)
No single metric tells the full story. See the XKLS:5161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JCY International Bhd is an investment holding company. Along with its subsidiaries, it is engaged in the business of manufacturing and trading of hard disk drives (HDD), mechanical and automotive components, investment holding and provision of labour management services. The company's product porfolio include LED light bulbs, solar micro inverters, baseplates, solid-state drive enclosures, covers, heat sinks, prototype hog out, hard disk drive covers, separator plates, actuator arm body, form-in-place gaskets, and others. Its geographical segments include: (i) Malaysia, (ii) Thailand, and (iii) Others. The majority of revenue is generated from Malaysia.
34GF 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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