IFCA MSC BhdXKLS:0023 +5.00%51 Return-on-Tangible-Equity is 0.19% as of Mar. 2026, which is 98% below its 10-year median of 8.59. GuruFocus rates XKLS:0023 with a GF Score™ of 51/100 and a GF Value™ of RM0.33 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,467 Software companies, IFCA MSC Bhd ranks worse than 55.53% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. IFCA MSC Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM0.16 Mil. IFCA MSC Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM87.91 Mil. Therefore, IFCA MSC Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.19%.
The historical rank and industry rank for IFCA MSC Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0023'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.15 Med: 8.59 Max: 21.45
Current: 6.07
During the past 13 years, IFCA MSC Bhd's highest Return-on-Tangible-Equity was 21.45%. The lowest was -5.15%. And the median was 8.59%.
XKLS:0023's Return-on-Tangible-Equity is ranked worse than 55.53% of 2467
companies
in the Software industry
Industry Median: 8.82
vs XKLS:0023: 6.07
IFCA MSC Bhd (XKLS:0023) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
IFCA MSC Bhd Return-on-Tangible-Equity Related Terms
IFCA MSC Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IFCA MSC Bhd's Return-on-Tangible-Equity 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:0023 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, IFCA MSC Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
IFCA MSC Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, IFCA MSC Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IFCA MSC Bhd's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.19% mean?
IFCA MSC Bhd (XKLS:0023) has a Return-on-Tangible-Equity of 0.19% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IFCA MSC Bhd and its competitors. This is 98% below median its historical median of 8.59. According to the industry distribution chart, IFCA MSC Bhd ranks #1370 out of 2467 companies in the Software industry, placing it in the top 55.5%.
Is IFCA MSC Bhd's Return-on-Tangible-Equity too high?
IFCA MSC Bhd's current Return-on-Tangible-Equity of 0.19% is 98% below median its 10-year median of 8.59. The Software industry median Return-on-Tangible-Equity is 8.82. IFCA MSC Bhd's value of 0.19% is 97.8% below this industry median. Based on the distribution chart, IFCA MSC Bhd ranks #1370 out of 2467 companies in the Software industry, which is below the industry midpoint. Overall, IFCA MSC Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFCA MSC Bhd's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, IFCA MSC Bhd ranks #1370 out of 2467 companies for Return-on-Tangible-Equity. This places IFCA MSC Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.82. IFCA MSC Bhd's value of 0.19% is 97.8% below this benchmark. While the company's 10-year median is 8.59 vs. the industry median of 8.82, IFCA MSC Bhd has consistently been below 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,467 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IFCA MSC Bhd's current Return-on-Tangible-Equity of 0.19% is 97.8% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IFCA MSC Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFCA MSC Bhd's current Return-on-Tangible-Equity is 0.19%, which is 98% below median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFCA MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, IFCA MSC Bhd (XKLS:0023) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.21 — trading 36.4% below its estimated fair value. The current Return-on-Tangible-Equity is 0.19%, which is 98% below median its 10-year median of 8.59 and 97.8% below the Software industry median of 8.82. IFCA MSC Bhd's overall GF Score™ is 51/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For IFCA MSC Bhd (XKLS:0023), the current Return-on-Tangible-Equity is 0.19% 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 IFCA MSC Bhd (XKLS:0023) Overvalued in 2026?
Based on GuruFocus' analysis, IFCA MSC Bhd stock appears to be undervalued.
The current stock price of RM0.21 is trading 36.4% below its estimated GF Value™ of RM0.33.
GuruFocus considers IFCA MSC Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0023:
Return-on-Tangible-Equity: 0.19% (98% below median its 10-year median of 8.59)
GF Value™: RM0.33 vs. price of RM0.21 (36.4% below fair value)
Industry Position: 97.8% below the Software median (#1370 of 2467)
No single metric tells the full story. See the XKLS:0023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFCA MSC Bhd is engaged in the research and development of enterprise-wide business solutions. The company provides business software solutions for the property industry. These properties cover shopping malls, chain stores, residential, industrials, commercials, resorts, hotels, and recreational sports clubs. It operates through two geographical segments namely Malaysia and Foreign. The Malaysia segment includes turnkey e-business applications. Its Foreign business segment focuses on research and development center for all customized projects for overseas market.
51GF Score
Get the complete analysis for XKLS:0023
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0023 has been successfully added to your 
