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Jasa Kita BhdXKLS:8648 54 Return-on-Tangible-Asset is -6.71% as of Mar. 2026. GuruFocus rates XKLS:8648 with a GF Score™ of 54/100 and a GF Value™ of RM0.18 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,079 Industrial Products companies, Jasa Kita Bhd ranks better than 99.61% 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. Jasa Kita Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-4.18 Mil. Jasa Kita Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM62.36 Mil. Therefore, Jasa Kita Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.71%.
The historical rank and industry rank for Jasa Kita Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:8648'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.51 Med: -0.24 Max: 50.45
Current: 38.99
During the past 13 years, Jasa Kita Bhd's highest Return-on-Tangible-Asset was 50.45%. The lowest was -15.51%. And the median was -0.24%.
XKLS:8648's Return-on-Tangible-Asset is ranked better than 99.61% of 3079
companies
in the Industrial Products industry
Industry Median: 3.28
vs XKLS:8648: 38.99
Jasa Kita Bhd (XKLS:8648) 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.
Jasa Kita Bhd Return-on-Tangible-Asset Related Terms
Jasa Kita Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jasa Kita 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:8648 vs SNA, RBC, LECO: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, Jasa Kita 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.
Jasa Kita Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jasa Kita Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jasa Kita 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 -6.71% mean?
Jasa Kita Bhd (XKLS:8648) has a Return-on-Tangible-Asset of -6.71% 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 Jasa Kita Bhd and its competitors. According to the industry distribution chart, Jasa Kita Bhd ranks #12 out of 3079 companies in the Industrial Products industry, placing it in the top 0.40000000000001%.
Is Jasa Kita Bhd's Return-on-Tangible-Asset too high?
Jasa Kita Bhd's current Return-on-Tangible-Asset is -6.71%. Based on the distribution chart, Jasa Kita Bhd ranks #12 out of 3079 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jasa Kita Bhd has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jasa Kita Bhd's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Jasa Kita Bhd ranks #12 out of 3079 companies for Return-on-Tangible-Asset. This places Jasa Kita Bhd in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.28. 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 3.28, based on 3,079 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 Jasa Kita Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jasa Kita Bhd's current Return-on-Tangible-Asset is -6.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jasa Kita Bhd stock overvalued right now?
Based on GuruFocus' analysis, Jasa Kita Bhd (XKLS:8648) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.22 — trading 19.4% above its estimated fair value. The current Return-on-Tangible-Asset is -6.71%. Jasa Kita Bhd's overall GF Score™ is 54/100 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 Jasa Kita Bhd (XKLS:8648), the current Return-on-Tangible-Asset is -6.71% 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 Jasa Kita Bhd (XKLS:8648) Overvalued in 2026?
Based on GuruFocus' analysis, Jasa Kita Bhd stock appears to be overvalued.
The current stock price of RM0.22 is trading 19.4% above its estimated GF Value™ of RM0.18.
GuruFocus considers Jasa Kita Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:8648:
Return-on-Tangible-Asset: -6.71%
GF Value™: RM0.18 vs. price of RM0.22 (19.4% above fair value)
No single metric tells the full story. See the XKLS:8648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading, Investment holding and others. The company generates maximum revenue from the Distribution and trading segment, which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include power tools, hand and air tools, electric motors, and others.
54GF Score
Get the complete analysis for XKLS:8648
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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