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MyTech Group BhdXKLS:7692 45 Return-on-Tangible-Asset is 6.06% as of Mar. 2026, which is 73% above its 10-year median of 3.51. GuruFocus rates XKLS:7692 with a GF Score™ of 45/100 and a GF Value™ of RM0.48 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,073 Industrial Products companies, MyTech Group Bhd ranks better than 75.4% 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. MyTech Group Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM3.34 Mil. MyTech Group Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM55.01 Mil. Therefore, MyTech Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.06%.
The historical rank and industry rank for MyTech Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7692'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.39 Med: 3.51 Max: 7.64
Current: 7.37
During the past 13 years, MyTech Group Bhd's highest Return-on-Tangible-Asset was 7.64%. The lowest was -5.39%. And the median was 3.51%.
XKLS:7692's Return-on-Tangible-Asset is ranked better than 75.4% of 3073
companies
in the Industrial Products industry
Industry Median: 3.26
vs XKLS:7692: 7.37
MyTech Group Bhd (XKLS:7692) 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.
MyTech Group Bhd Return-on-Tangible-Asset Related Terms
MyTech Group Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MyTech Group 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.
XKLS:7692 vs SNA, RBC, LECO: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, MyTech Group 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.
MyTech Group Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MyTech Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MyTech Group 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 6.06% mean?
MyTech Group Bhd (XKLS:7692) has a Return-on-Tangible-Asset of 6.06% 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 MyTech Group Bhd and its competitors. This is 73% above median its historical median of 3.51. According to the industry distribution chart, MyTech Group Bhd ranks #756 out of 3073 companies in the Industrial Products industry, placing it in the top 24.6%.
Is MyTech Group Bhd's Return-on-Tangible-Asset too high?
MyTech Group Bhd's current Return-on-Tangible-Asset of 6.06% is 73% above median its 10-year median of 3.51. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. MyTech Group Bhd's value of 6.06% is 85.9% above this industry median. Based on the distribution chart, MyTech Group Bhd ranks #756 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MyTech Group Bhd has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MyTech Group Bhd's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MyTech Group Bhd ranks #756 out of 3073 companies for Return-on-Tangible-Asset. This places MyTech Group Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. MyTech Group Bhd's value of 6.06% is 85.9% above this benchmark. While the company's 10-year median is 3.51 vs. the industry median of 3.26, MyTech Group 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,073 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. MyTech Group Bhd's current Return-on-Tangible-Asset of 6.06% is 85.9% 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 MyTech Group Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MyTech Group Bhd's current Return-on-Tangible-Asset is 6.06%, which is 73% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MyTech Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, MyTech Group Bhd (XKLS:7692) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.48, compared to a current price of RM0.26 — trading 45.8% below its estimated fair value. The current Return-on-Tangible-Asset is 6.06%, which is 73% above median its 10-year median of 3.51 and 85.9% above the Industrial Products industry median of 3.26. MyTech Group Bhd's overall GF Score™ is 45/100 with 4 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 MyTech Group Bhd (XKLS:7692), the current Return-on-Tangible-Asset is 6.06% 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 MyTech Group Bhd (XKLS:7692) Overvalued in 2026?
Based on GuruFocus' analysis, MyTech Group Bhd stock appears to be undervalued.
The current stock price of RM0.26 is trading 45.8% below its estimated GF Value™ of RM0.48.
GuruFocus considers MyTech Group Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7692:
Return-on-Tangible-Asset: 6.06% (73% above median its 10-year median of 3.51)
GF Value™: RM0.48 vs. price of RM0.26 (45.8% below fair value)
Industry Position: 85.9% above the Industrial Products median (#756 of 3073)
No single metric tells the full story. See the XKLS:7692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MyTech Group Bhd is principally engaged as an investment holding company through moneylending activity and insurance agency, provision of management services, and rental of properties. It has three operating segments: Manufacturing: involves the manufacturing of precision springs: Hotel involves hotel operations, Financing: involves provision of financing services; and Others which include investment holding, provision of management services, provision of financing services, and rental of properties. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia.
45GF Score
Get the complete analysis for XKLS:7692
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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