CapitaLand Malaysia Trust (XKLS:5180) Return-on-Tangible-Asset: 3.13% (As of Jun. 2026) — Near 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:5180 CapitaLand Malaysia Trust XKLS:5180
50 GF Score
Price RM0.62
GF Value RM0.61
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is CapitaLand Malaysia Trust Return-on-Tangible-Asset?

CapitaLand Malaysia Trust XKLS:5180 +1.64% 50 Return-on-Tangible-Asset is 3.13% as of Jun. 2026, which is 5% below its 10-year median of 3.30. GuruFocus rates XKLS:5180 with a GF Score™ of 50/100 and a GF Value™ of RM0.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 929 REITs companies, CapitaLand Malaysia Trust ranks better than 52.85% 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. CapitaLand Malaysia Trust's annualized Net Income for the quarter that ended in Jun. 2026 was RM176.0 Mil. CapitaLand Malaysia Trust's average total tangible assets for the quarter that ended in Jun. 2026 was RM5,628.1 Mil. Therefore, CapitaLand Malaysia Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.13%.

The historical rank and industry rank for CapitaLand Malaysia Trust's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:5180' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.08   Med: 3.3   Max: 4.07
Current: 3.57

During the past 13 years, CapitaLand Malaysia Trust's highest Return-on-Tangible-Asset was 4.07%. The lowest was -2.08%. And the median was 3.30%.

XKLS:5180's Return-on-Tangible-Asset is ranked better than
52.85% of 929 companies
in the REITs industry
Industry Median: 3.27 vs XKLS:5180: 3.57

CapitaLand Malaysia Trust  (XKLS:5180) 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.


CapitaLand Malaysia Trust Return-on-Tangible-Asset Related Terms


CapitaLand Malaysia Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for CapitaLand Malaysia 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.

CapitaLand Malaysia Trust Return-on-Tangible-Asset Chart

CapitaLand Malaysia Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.77 1.27 3.58 3.60 3.34

CapitaLand Malaysia Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.61 2.52 5.34 3.26 3.13

XKLS:5180 vs SPG, O, KIM: Return-on-Tangible-Asset Comparison

For the REIT - Retail subindustry, CapitaLand Malaysia 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.


CapitaLand Malaysia Trust Return-on-Tangible-Asset vs REITs Industry

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

* The bar in red indicates where CapitaLand Malaysia Trust's Return-on-Tangible-Asset falls into.


XKLS:5180
50GF Score
CapitaLand Malaysia Trust XKLS:5180
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand Malaysia Trust Return-on-Tangible-Asset Calculation

CapitaLand Malaysia Trust'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 )
=181.655/( (5267.982+5620.841)/ 2 )
=181.655/5444.4115
=3.34 %

CapitaLand Malaysia Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=175.988/( (5631.466+5624.635)/ 2 )
=175.988/5628.0505
=3.13 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 3.13% mean?
CapitaLand Malaysia Trust (XKLS:5180) has a Return-on-Tangible-Asset of 3.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CapitaLand Malaysia Trust and its competitors. This is near median its historical median of 3.30. According to the industry distribution chart, CapitaLand Malaysia Trust ranks #438 out of 929 companies in the REITs industry, placing it in the top 47.1%.
Is CapitaLand Malaysia Trust's Return-on-Tangible-Asset too high?
CapitaLand Malaysia Trust's current Return-on-Tangible-Asset of 3.13% is near median its 10-year median of 3.30. The REITs industry median Return-on-Tangible-Asset is 3.27. CapitaLand Malaysia Trust's value of 3.13% is 4.3% below this industry median. Based on the distribution chart, CapitaLand Malaysia Trust ranks #438 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Malaysia Trust has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Malaysia Trust's Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, CapitaLand Malaysia Trust ranks #438 out of 929 companies for Return-on-Tangible-Asset. This puts CapitaLand Malaysia Trust in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.27. CapitaLand Malaysia Trust's value of 3.13% is 4.3% below this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 3.27, CapitaLand Malaysia 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 3.27, based on 929 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. CapitaLand Malaysia Trust's current Return-on-Tangible-Asset of 3.13% is 4.3% 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 CapitaLand Malaysia Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Malaysia Trust's current Return-on-Tangible-Asset is 3.13%, which is near median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Malaysia Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Malaysia Trust (XKLS:5180) is currently considered Fairly Valued. The stock's GF Value™ is RM0.61, compared to a current price of RM0.62 — trading 1.6% above its estimated fair value. The current Return-on-Tangible-Asset is 3.13%, which is near median its 10-year median of 3.30 and 4.3% below the REITs industry median of 3.27. CapitaLand Malaysia Trust's overall GF Score™ is 50/100 with 6 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 CapitaLand Malaysia Trust (XKLS:5180), the current Return-on-Tangible-Asset is 3.13% as of Jun. 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 CapitaLand Malaysia Trust (XKLS:5180) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand Malaysia Trust stock appears to be overvalued. The current stock price of RM0.62 is trading 1.6% above its estimated GF Value™ of RM0.61. GuruFocus considers CapitaLand Malaysia Trust to be Fairly Valued.

Key valuation signals for XKLS:5180:

  • Return-on-Tangible-Asset: 3.13% (near median its 10-year median of 3.30)
  • GF Value™: RM0.61 vs. price of RM0.62 (1.6% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 4.3% below the REITs median (#438 of 929)

No single metric tells the full story. See the XKLS:5180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapitaLand Malaysia Trust Business Description

Industry Real EstateREITs
Address No. 10, Persiaran KLCC, Unit No. 1-27, Level 27, Naza Tower, Kuala Lumpur, MYS, 50088
CapitaLand Malaysia Trust is a property investment trust that focuses on retail properties in Malaysia. Its principal activity is to invest, on a long-term basis, in a portfolio of income-producing real estate that is used for retail, commercial, office, and industrial purposes, or such other non-real estate investments. Its portfolio of assets includes six retail and nine industrial and logistics properties located across four key urban centres: Penang, Klang Valley, the East Coast (Kuantan, Pahang), and Johor.
50GF Score

Get the complete analysis for XKLS:5180

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

RM0.62
Price
RM0.61
GF Value