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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. Bertam Alliance Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM1.34 Mil. Bertam Alliance Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM183.26 Mil. Therefore, Bertam Alliance Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.73%.
The historical rank and industry rank for Bertam Alliance Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:9814'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.14 Med: -1.29 Max: 22.25
Current: 0.73
During the past 13 years, Bertam Alliance Bhd's highest Return-on-Tangible-Asset was 22.25%. The lowest was -23.14%. And the median was -1.29%.
XKLS:9814's Return-on-Tangible-Asset is ranked worse than 59.66% of 1802
companies
in the Real Estate industry
Industry Median: 1.71
vs XKLS:9814: 0.73
Bertam Alliance Bhd (XKLS:9814) 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.
Bertam Alliance Bhd Return-on-Tangible-Asset Related Terms
Bertam Alliance Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bertam Alliance 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.
Bertam Alliance Bhd Return-on-Tangible-Asset Chart
XKLS:9814 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Bertam Alliance 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.
Bertam Alliance Bhd Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bertam Alliance Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bertam Alliance 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 0.73% mean?
Bertam Alliance Bhd (XKLS:9814) has a Return-on-Tangible-Asset of 0.73% 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 Bertam Alliance Bhd and its competitors. According to the industry distribution chart, Bertam Alliance Bhd ranks #1075 out of 1802 companies in the Real Estate industry, placing it in the top 59.7%.
Is Bertam Alliance Bhd's Return-on-Tangible-Asset too high?
Bertam Alliance Bhd's current Return-on-Tangible-Asset is 0.73%. The Real Estate industry median Return-on-Tangible-Asset is 1.71. Bertam Alliance Bhd's value of 0.73% is 57.3% below this industry median. Based on the distribution chart, Bertam Alliance Bhd ranks #1075 out of 1802 companies in the Real Estate industry, which is below the industry midpoint. Overall, Bertam Alliance Bhd has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bertam Alliance Bhd's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Bertam Alliance Bhd ranks #1075 out of 1802 companies for Return-on-Tangible-Asset. This places Bertam Alliance Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.71. Bertam Alliance Bhd's value of 0.73% is 57.3% below this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.71, based on 1,802 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. Bertam Alliance Bhd's current Return-on-Tangible-Asset of 0.73% is 57.3% 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 Bertam Alliance Bhd and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bertam Alliance Bhd's current Return-on-Tangible-Asset is 0.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bertam Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bertam Alliance Bhd (XKLS:9814) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.13 — trading 56.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.73% and 57.3% below the Real Estate industry median of 1.71. Bertam Alliance Bhd's overall GF Score™ is 51/100 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 Bertam Alliance Bhd (XKLS:9814), the current Return-on-Tangible-Asset is 0.73% 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 Bertam Alliance Bhd (XKLS:9814) Overvalued in 2026?
Based on GuruFocus' analysis, Bertam Alliance Bhd stock appears to be overvalued.
The current stock price of RM0.13 is trading 56.3% above its estimated GF Value™ of RM0.08.
GuruFocus considers Bertam Alliance Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:9814:
Return-on-Tangible-Asset: 0.73%
GF Value™: RM0.08 vs. price of RM0.13 (56.3% above fair value)
Industry Position: 57.3% below the Real Estate median (#1075 of 1802)
No single metric tells the full story. See the XKLS:9814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bertam Alliance Bhd is principally involved in property development and the provision of construction management services. The Group operates through three segments namely Property development, Construction and trading of building materials, and Corporate and others. The Property development segment is engaged in developing properties for sale and/or holding properties for own investment purpose. The Construction and trading of building materials segment, which generates maximum revenue, is engaged in performing general construction works and the supply of building materials. The Corporate and others segment includes holding of investments and provision of management services to its subsidiaries. The Group mainly operates in Malaysia.
51GF Score
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