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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. Sycal Ventures Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-0.75 Mil. Sycal Ventures Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM465.35 Mil. Therefore, Sycal Ventures Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.16%.
The historical rank and industry rank for Sycal Ventures Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:9717'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.4 Max: 1.46
Current: 0.02
During the past 13 years, Sycal Ventures Bhd's highest Return-on-Tangible-Asset was 1.46%. The lowest was 0.02%. And the median was 0.40%.
XKLS:9717's Return-on-Tangible-Asset is ranked worse than 73.83% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs XKLS:9717: 0.02
Sycal Ventures Bhd (XKLS:9717) 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.
Sycal Ventures Bhd Return-on-Tangible-Asset Related Terms
Sycal Ventures Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sycal Ventures 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:9717 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Sycal Ventures 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.
Sycal Ventures Bhd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Sycal Ventures Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sycal Ventures 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 -0.16% mean?
Sycal Ventures Bhd (XKLS:9717) has a Return-on-Tangible-Asset of -0.16% 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 Sycal Ventures Bhd and its competitors. Over the past decade, Sycal Ventures Bhd's Return-on-Tangible-Asset has ranged from 0.02 to 1.46. According to the industry distribution chart, Sycal Ventures Bhd ranks #1315 out of 1781 companies in the Construction industry, placing it in the top 73.8%.
Is Sycal Ventures Bhd's Return-on-Tangible-Asset too high?
Sycal Ventures Bhd's current Return-on-Tangible-Asset is -0.16%. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.46. Based on the distribution chart, Sycal Ventures Bhd ranks #1315 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Sycal Ventures Bhd has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sycal Ventures Bhd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Sycal Ventures Bhd ranks #1315 out of 1781 companies for Return-on-Tangible-Asset. This places Sycal Ventures Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Historically, Sycal Ventures Bhd's own Return-on-Tangible-Asset has ranged from 0.02 to 1.46 over the past decade. 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 3.04, 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 Sycal Ventures Bhd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sycal Ventures Bhd's current Return-on-Tangible-Asset is -0.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sycal Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sycal Ventures Bhd (XKLS:9717) is currently considered Fairly Valued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.17 — trading 6.3% above its estimated fair value. The current Return-on-Tangible-Asset is -0.16%. Sycal Ventures Bhd's overall GF Score™ is 32/100 with 6 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 Sycal Ventures Bhd (XKLS:9717), the current Return-on-Tangible-Asset is -0.16% 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 Sycal Ventures Bhd (XKLS:9717) Overvalued in 2026?
Based on GuruFocus' analysis, Sycal Ventures Bhd stock appears to be overvalued.
The current stock price of RM0.17 is trading 6.3% above its estimated GF Value™ of RM0.16.
GuruFocus considers Sycal Ventures Bhd to be Fairly Valued.
Key valuation signals for XKLS:9717:
Return-on-Tangible-Asset: -0.16%
GF Value™: RM0.16 vs. price of RM0.17 (6.3% above fair value)
No single metric tells the full story. See the XKLS:9717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sycal Ventures Bhd is an investment holding company. Through its subsidiaries, the company operates as a contactor for building and civil engineering, property development and operator of convention hall facilities and turnkey contractor and operator of theme park, property investment, contractor for management and operator of plant and machinery, manufacturing and trading in ready mix concrete. The company has three reporting segments: i) Construction: Civil and building construction works, ii) Property development and management: Property development, property management and consultancy, and iii) Manufacturing and trading: Manufacturing and trading in ready-mix concrete and trading in building materials. The majority of revenue is generated from the Manufacturing and trading segment.
32GF Score
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