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Wasco Greenergy BhdXKLS:5343 16 Return-on-Tangible-Asset is 4.27% as of Mar. 2026, which is 53% below its 10-year median of 9.10. GuruFocus rates XKLS:5343 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 456 Utilities - Independent Power Producers companies, Wasco Greenergy Bhd ranks better than 67.54% 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. Wasco Greenergy Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM16.3 Mil. Wasco Greenergy Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM382.2 Mil. Therefore, Wasco Greenergy Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.27%.
The historical rank and industry rank for Wasco Greenergy Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5343'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.58 Med: 9.1 Max: 10.52
Current: 3.58
During the past 4 years, Wasco Greenergy Bhd's highest Return-on-Tangible-Asset was 10.52%. The lowest was 3.58%. And the median was 9.10%.
XKLS:5343's Return-on-Tangible-Asset is ranked better than 67.54% of 456
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.165
vs XKLS:5343: 3.58
Wasco Greenergy Bhd (XKLS:5343) 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.
Wasco Greenergy Bhd Return-on-Tangible-Asset Related Terms
Wasco Greenergy Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wasco Greenergy 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.
Wasco Greenergy Bhd Return-on-Tangible-Asset Chart
Wasco Greenergy Bhd Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Wasco Greenergy 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.
Wasco Greenergy Bhd Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Wasco Greenergy Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wasco Greenergy 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 4.27% mean?
Wasco Greenergy Bhd (XKLS:5343) has a Return-on-Tangible-Asset of 4.27% 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 Wasco Greenergy Bhd and its competitors. This is 53% below median its historical median of 9.10. Over the past decade, Wasco Greenergy Bhd's Return-on-Tangible-Asset has ranged from 3.58 to 10.52. According to the industry distribution chart, Wasco Greenergy Bhd ranks #148 out of 456 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.5%.
Is Wasco Greenergy Bhd's Return-on-Tangible-Asset too high?
Wasco Greenergy Bhd's current Return-on-Tangible-Asset of 4.27% is 53% below median its 10-year median of 9.10. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 10.52. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.17. Wasco Greenergy Bhd's value of 4.27% is 266.5% above this industry median. Based on the distribution chart, Wasco Greenergy Bhd ranks #148 out of 456 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Wasco Greenergy Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Wasco Greenergy Bhd's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Wasco Greenergy Bhd ranks #148 out of 456 companies for Return-on-Tangible-Asset. This puts Wasco Greenergy Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.17. Wasco Greenergy Bhd's value of 4.27% is 266.5% above this benchmark. Historically, Wasco Greenergy Bhd's own Return-on-Tangible-Asset has ranged from 3.58 to 10.52 over the past decade. While the company's 10-year median is 9.10 vs. the industry median of 1.17, Wasco Greenergy 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.17, based on 456 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. Wasco Greenergy Bhd's current Return-on-Tangible-Asset of 4.27% is 266.5% 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 Wasco Greenergy Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Greenergy Bhd's current Return-on-Tangible-Asset is 4.27%, which is 53% below median its own 10-year median of 9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Greenergy Bhd stock overvalued right now?
Wasco Greenergy Bhd (XKLS:5343) has a current Return-on-Tangible-Asset of 4.27%. The current Return-on-Tangible-Asset is 4.27%, which is 53% below median its 10-year median of 9.10 and 266.5% above the Utilities - Independent Power Producers industry median of 1.17. Wasco Greenergy Bhd's overall GF Score™ is 16/100 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 Wasco Greenergy Bhd (XKLS:5343), the current Return-on-Tangible-Asset is 4.27% 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.
Wasco Greenergy Bhd operates in the renewable energy sector as a provider of renewable energy systems that support companies in meeting their energy needs, including those seeking to achieve their decarbonization and net-zero emissions targets. Its core business segment comprises the EPCC of steam energy systems and auxiliary facilities, the supply of steam turbine generator systems, as well as the provision of after-sales services for these systems. The company offers three types of steam energy systems: biomass, gas-fired, and HRSG. The biomass energy systems involve using a boiler to burn agricultural waste and byproducts. The gas-fired energy systems on the other hand, use natural gas as the fuel source. The HRSG is designed to capture waste heat from customers' gas turbines.
16GF Score
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