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.
Skyworld Development BhdXKLS:5315 +1.27%41 Return-on-Tangible-Asset is 1.17% as of Mar. 2026, which is 82% below its 10-year median of 6.59. GuruFocus rates XKLS:5315 with a GF Score™ of 41/100 and a GF Value™ of RM0.46 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,802 Real Estate companies, Skyworld Development Bhd ranks better than 50% 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. Skyworld Development Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM23.3 Mil. Skyworld Development Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM1,987.5 Mil. Therefore, Skyworld Development Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.17%.
The historical rank and industry rank for Skyworld Development Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5315'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.66 Med: 6.59 Max: 10.77
Current: 1.71
During the past 7 years, Skyworld Development Bhd's highest Return-on-Tangible-Asset was 10.77%. The lowest was 1.66%. And the median was 6.59%.
XKLS:5315's Return-on-Tangible-Asset is ranked better than 50% of 1802
companies
in the Real Estate industry
Industry Median: 1.71
vs XKLS:5315: 1.71
Skyworld Development Bhd (XKLS:5315) 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.
Skyworld Development Bhd Return-on-Tangible-Asset Related Terms
Skyworld Development Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Skyworld Development 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.
Skyworld Development Bhd Return-on-Tangible-Asset Chart
Skyworld Development Bhd Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Skyworld Development 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.
Skyworld Development Bhd Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Skyworld Development Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Skyworld Development 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 1.17% mean?
Skyworld Development Bhd (XKLS:5315) has a Return-on-Tangible-Asset of 1.17% 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 Skyworld Development Bhd and its competitors. This is 82% below median its historical median of 6.59. Over the past decade, Skyworld Development Bhd's Return-on-Tangible-Asset has ranged from 1.66 to 10.77. According to the industry distribution chart, Skyworld Development Bhd ranks #901 out of 1802 companies in the Real Estate industry, placing it in the top 50%.
Is Skyworld Development Bhd's Return-on-Tangible-Asset too high?
Skyworld Development Bhd's current Return-on-Tangible-Asset of 1.17% is 82% below median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 10.77. The Real Estate industry median Return-on-Tangible-Asset is 1.71. Skyworld Development Bhd's value of 1.17% is 31.6% below this industry median. Based on the distribution chart, Skyworld Development Bhd ranks #901 out of 1802 companies in the Real Estate industry, which is above the industry midpoint. Overall, Skyworld Development Bhd has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Skyworld Development Bhd's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Skyworld Development Bhd ranks #901 out of 1802 companies for Return-on-Tangible-Asset. This puts Skyworld Development Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.71. Skyworld Development Bhd's value of 1.17% is 31.6% below this benchmark. Historically, Skyworld Development Bhd's own Return-on-Tangible-Asset has ranged from 1.66 to 10.77 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 1.71, Skyworld Development Bhd 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.71, based on 1,802 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. Skyworld Development Bhd's current Return-on-Tangible-Asset of 1.17% is 31.6% 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 Skyworld Development Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skyworld Development Bhd's current Return-on-Tangible-Asset is 1.17%, which is 82% below median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyworld Development Bhd stock overvalued right now?
Based on GuruFocus' analysis, Skyworld Development Bhd (XKLS:5315) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.46, compared to a current price of RM0.40 — trading 13% below its estimated fair value. The current Return-on-Tangible-Asset is 1.17%, which is 82% below median its 10-year median of 6.59 and 31.6% below the Real Estate industry median of 1.71. Skyworld Development Bhd's overall GF Score™ is 41/100 with 10 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 Skyworld Development Bhd (XKLS:5315), the current Return-on-Tangible-Asset is 1.17% 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 Skyworld Development Bhd (XKLS:5315) Overvalued in 2026?
Based on GuruFocus' analysis, Skyworld Development Bhd stock appears to be undervalued.
The current stock price of RM0.40 is trading 13% below its estimated GF Value™ of RM0.46.
GuruFocus considers Skyworld Development Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5315:
Return-on-Tangible-Asset: 1.17% (82% below median its 10-year median of 6.59)
GF Value™: RM0.46 vs. price of RM0.40 (13% below fair value)
Industry Position: 31.6% below the Real Estate median (#901 of 1802)
No single metric tells the full story. See the XKLS:5315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skyworld Development Bhd is an urban property developer focusing on the development of high-rise residential and commercial as well as affordable properties. The company's operating segment includes Property Development, Property Management, Management Services and Investment Holding, and Construction. The company generates the majority of its revenue from the Property development segment, which is engaged in comprising development of high-rise residential, commercial, and affordable home. The company carries out all of its operations in Malaysia.
41GF Score
Get the complete analysis for XKLS:5315
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:5315 has been successfully added to your 
