Bintai Kinden Bhd (XKLS:6998) Return-on-Tangible-Asset: -1.60% (As of Mar. 2026)

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What is Bintai Kinden Bhd Return-on-Tangible-Asset?

Bintai Kinden Bhd XKLS:6998 -7.14% Return-on-Tangible-Asset is -1.60% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,781 Construction companies, Bintai Kinden Bhd ranks worse than 64.12% 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. Bintai Kinden Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM-3.63 Mil. Bintai Kinden Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM226.60 Mil. Therefore, Bintai Kinden Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.60%.

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

XKLS:6998' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.61   Med: 0.01   Max: 1.73
Current: 1.17

During the past 13 years, Bintai Kinden Bhd's highest Return-on-Tangible-Asset was 1.73%. The lowest was -16.61%. And the median was 0.01%.

XKLS:6998's Return-on-Tangible-Asset is ranked worse than
64.12% of 1781 companies
in the Construction industry
Industry Median: 3.05 vs XKLS:6998: 1.17

Bintai Kinden Bhd  (XKLS:6998) 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.


Bintai Kinden Bhd Return-on-Tangible-Asset Related Terms


Bintai Kinden Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bintai Kinden 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.

Bintai Kinden Bhd Return-on-Tangible-Asset Chart

Bintai Kinden Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 -16.61 1.73 -14.02 1.14

Bintai Kinden Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -56.98 -7.26 8.45 5.25 -1.60

XKLS:6998 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Bintai Kinden 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.


Bintai Kinden Bhd Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Bintai Kinden Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bintai Kinden Bhd's Return-on-Tangible-Asset falls into.



Bintai Kinden Bhd Return-on-Tangible-Asset Calculation

Bintai Kinden Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2.561/( (219.768+229.787)/ 2 )
=2.561/224.7775
=1.14 %

Bintai Kinden Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-3.628/( (223.413+229.787)/ 2 )
=-3.628/226.6
=-1.60 %

* 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 -1.60% mean?
Bintai Kinden Bhd (XKLS:6998) has a Return-on-Tangible-Asset of -1.60% 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 Bintai Kinden Bhd and its competitors. According to the industry distribution chart, Bintai Kinden Bhd ranks #1142 out of 1781 companies in the Construction industry, placing it in the top 64.1%.
Is Bintai Kinden Bhd's Return-on-Tangible-Asset too high?
Bintai Kinden Bhd's current Return-on-Tangible-Asset is -1.60%. Based on the distribution chart, Bintai Kinden Bhd ranks #1142 out of 1781 companies in the Construction industry, which is below the industry midpoint.
How does Bintai Kinden Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Bintai Kinden Bhd ranks #1142 out of 1781 companies for Return-on-Tangible-Asset. This places Bintai Kinden Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,781 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 Bintai Kinden Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bintai Kinden Bhd's current Return-on-Tangible-Asset is -1.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bintai Kinden Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bintai Kinden Bhd (XKLS:6998) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.09, compared to a current price of RM0.07 — trading 27.8% below its estimated fair value. The current Return-on-Tangible-Asset is -1.60%. 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 Bintai Kinden Bhd (XKLS:6998), the current Return-on-Tangible-Asset is -1.60% 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.

Bintai Kinden Bhd Business Description

Address Jalan Persiaran Barat, 10-01-02, PJX-HM Shah Tower, Petaling Jaya, SGR, MYS, 46050
Bintai Kinden Corp Bhd is a Malaysian investment holding company. The company's operating segment includes Specialised mechanical, electrical engineering and construction; Concession arrangement and Investment holding and others. It generates maximum revenue from the Concession arrangement. The Concession arrangements engaged in the construction and maintenance of facilities and infrastructure.