Astro Malaysia Holdings Bhd (XKLS:6399) Return-on-Tangible-Asset: 0.21% (As of Apr. 2026) — 98% Below Median

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Director of Data and Quant Analytics at GuruFocus
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What is Astro Malaysia Holdings Bhd Return-on-Tangible-Asset?

Astro Malaysia Holdings Bhd XKLS:6399 -7.69% Return-on-Tangible-Asset is 0.21% as of Apr. 2026, which is 98% below its 10-year median of 11.58. The stock has 7 warning signs investors should review. Among 1,029 Media - Diversified companies, Astro Malaysia Holdings Bhd ranks better than 54.03% 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. Astro Malaysia Holdings Bhd's annualized Net Income for the quarter that ended in Apr. 2026 was RM6 Mil. Astro Malaysia Holdings Bhd's average total tangible assets for the quarter that ended in Apr. 2026 was RM3,099 Mil. Therefore, Astro Malaysia Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 0.21%.

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

XKLS:6399' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.97   Med: 11.58   Max: 17.07
Current: 1.53

During the past 13 years, Astro Malaysia Holdings Bhd's highest Return-on-Tangible-Asset was 17.07%. The lowest was 0.97%. And the median was 11.58%.

XKLS:6399's Return-on-Tangible-Asset is ranked better than
54.03% of 1029 companies
in the Media - Diversified industry
Industry Median: 0.82 vs XKLS:6399: 1.53

Astro Malaysia Holdings Bhd  (XKLS:6399) 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.


Astro Malaysia Holdings Bhd Return-on-Tangible-Asset Related Terms


Astro Malaysia Holdings Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Astro Malaysia Holdings 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.

Astro Malaysia Holdings Bhd Return-on-Tangible-Asset Chart

Astro Malaysia Holdings Bhd Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.85 7.28 0.97 3.43 1.84

Astro Malaysia Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.48 1.83 1.06 2.94 0.21

XKLS:6399 vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison

For the Entertainment subindustry, Astro Malaysia Holdings 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.


Astro Malaysia Holdings Bhd Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Astro Malaysia Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Astro Malaysia Holdings Bhd's Return-on-Tangible-Asset falls into.



Astro Malaysia Holdings Bhd Return-on-Tangible-Asset Calculation

Astro Malaysia Holdings Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=63.132/( (3686.608+3168.29)/ 2 )
=63.132/3427.449
=1.84 %

Astro Malaysia Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=6.4/( (3168.29+3029.6)/ 2 )
=6.4/3098.945
=0.21 %

* 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 (Apr. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.21% mean?
Astro Malaysia Holdings Bhd (XKLS:6399) has a Return-on-Tangible-Asset of 0.21% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Astro Malaysia Holdings Bhd and its competitors. This is 98% below median its historical median of 11.58. Over the past decade, Astro Malaysia Holdings Bhd's Return-on-Tangible-Asset has ranged from 0.97 to 17.07. According to the industry distribution chart, Astro Malaysia Holdings Bhd ranks #473 out of 1029 companies in the Media - Diversified industry, placing it in the top 46%.
Is Astro Malaysia Holdings Bhd's Return-on-Tangible-Asset too high?
Astro Malaysia Holdings Bhd's current Return-on-Tangible-Asset of 0.21% is 98% below median its 10-year median of 11.58. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 17.07. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Astro Malaysia Holdings Bhd's value of 0.21% is 74.4% below this industry median. Based on the distribution chart, Astro Malaysia Holdings Bhd ranks #473 out of 1029 companies in the Media - Diversified industry, which is above the industry midpoint.
How does Astro Malaysia Holdings Bhd's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Astro Malaysia Holdings Bhd ranks #473 out of 1029 companies for Return-on-Tangible-Asset. This puts Astro Malaysia Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.82. Astro Malaysia Holdings Bhd's value of 0.21% is 74.4% below this benchmark. Historically, Astro Malaysia Holdings Bhd's own Return-on-Tangible-Asset has ranged from 0.97 to 17.07 over the past decade. While the company's 10-year median is 11.58 vs. the industry median of 0.82, Astro Malaysia Holdings 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,029 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. Astro Malaysia Holdings Bhd's current Return-on-Tangible-Asset of 0.21% is 74.4% 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 Astro Malaysia Holdings Bhd and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astro Malaysia Holdings Bhd's current Return-on-Tangible-Asset is 0.21%, which is 98% below median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astro Malaysia Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Astro Malaysia Holdings Bhd (XKLS:6399) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.06 — trading 70% below its estimated fair value. The current Return-on-Tangible-Asset is 0.21%, which is 98% below median its 10-year median of 11.58 and 74.4% below the Media - Diversified industry median of 0.82. 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 Astro Malaysia Holdings Bhd (XKLS:6399), the current Return-on-Tangible-Asset is 0.21% as of Apr. 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.

Astro Malaysia Holdings Bhd Business Description

Address Lebuhraya Puchong-Sungai Besi, Technology Park Malaysia, All Asia Broadcast Centre, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Astro Malaysia Holdings Bhd is an entertainment holding company operating in the diversified media industry. The company's business segments include Television, Radio, and others. The Television segment provides content, creation, and aggregation of media. Additionally, it provides magazine publication and distribution. The radio segment provides radio broadcasting services to customers. The company generates the majority of its revenue in Malaysia.