OpenMove AI BhdXKLS:0106 72 Return-on-Tangible-Equity is 46.35% as of Mar. 2026, which is 106% above its 10-year median of 22.46. GuruFocus rates XKLS:0106 with a GF Score™ of 72/100 and a GF Value™ of RM0.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,466 Software companies, OpenMove AI Bhd ranks better than 66.18% 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. OpenMove AI Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM25.13 Mil. OpenMove AI Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM54.21 Mil. Therefore, OpenMove AI Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 46.35%.
The historical rank and industry rank for OpenMove AI Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0106'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.98 Med: 22.46 Max: 24.6
Current: 18.53
During the past 13 years, OpenMove AI Bhd's highest Return-on-Tangible-Equity was 24.60%. The lowest was 10.98%. And the median was 22.46%.
XKLS:0106's Return-on-Tangible-Equity is ranked better than 66.18% of 2466
companies
in the Software industry
Industry Median: 8.67
vs XKLS:0106: 18.53
OpenMove AI Bhd (XKLS:0106) 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.
OpenMove AI Bhd Return-on-Tangible-Equity Related Terms
OpenMove AI Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for OpenMove AI 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:0106 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, OpenMove AI 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.
OpenMove AI Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, OpenMove AI Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where OpenMove AI 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 46.35% mean?
OpenMove AI Bhd (XKLS:0106) has a Return-on-Tangible-Equity of 46.35% 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 OpenMove AI Bhd and its competitors. This is 106% above median its historical median of 22.46. Over the past decade, OpenMove AI Bhd's Return-on-Tangible-Equity has ranged from 10.98 to 24.60. According to the industry distribution chart, OpenMove AI Bhd ranks #834 out of 2466 companies in the Software industry, placing it in the top 33.8%.
Is OpenMove AI Bhd's Return-on-Tangible-Equity too high?
OpenMove AI Bhd's current Return-on-Tangible-Equity of 46.35% is 106% above median its 10-year median of 22.46. Over the past 10 years, this metric has ranged from a low of 10.98 to a high of 24.60. The Software industry median Return-on-Tangible-Equity is 8.67. OpenMove AI Bhd's value of 46.35% is 434.6% above this industry median. Based on the distribution chart, OpenMove AI Bhd ranks #834 out of 2466 companies in the Software industry, which is above the industry midpoint. Overall, OpenMove AI Bhd has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OpenMove AI Bhd's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, OpenMove AI Bhd ranks #834 out of 2466 companies for Return-on-Tangible-Equity. This puts OpenMove AI Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.67. OpenMove AI Bhd's value of 46.35% is 434.6% above this benchmark. Historically, OpenMove AI Bhd's own Return-on-Tangible-Equity has ranged from 10.98 to 24.60 over the past decade. While the company's 10-year median is 22.46 vs. the industry median of 8.67, OpenMove AI 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.67, based on 2,466 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. OpenMove AI Bhd's current Return-on-Tangible-Equity of 46.35% is 434.6% 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-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 OpenMove AI Bhd and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OpenMove AI Bhd's current Return-on-Tangible-Equity is 46.35%, which is 106% above median its own 10-year median of 22.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OpenMove AI Bhd stock overvalued right now?
Based on GuruFocus' analysis, OpenMove AI Bhd (XKLS:0106) is currently considered Fairly Valued. The stock's GF Value™ is RM0.57, compared to a current price of RM0.53 — trading 7% below its estimated fair value. The current Return-on-Tangible-Equity is 46.35%, which is 106% above median its 10-year median of 22.46 and 434.6% above the Software industry median of 8.67. OpenMove AI Bhd's overall GF Score™ is 72/100 with 2 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 OpenMove AI Bhd (XKLS:0106), the current Return-on-Tangible-Equity is 46.35% 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 OpenMove AI Bhd (XKLS:0106) Overvalued in 2026?
Based on GuruFocus' analysis, OpenMove AI Bhd stock appears to be undervalued.
The current stock price of RM0.53 is trading 7% below its estimated GF Value™ of RM0.57.
GuruFocus considers OpenMove AI Bhd to be Fairly Valued.
Key valuation signals for XKLS:0106:
Return-on-Tangible-Equity: 46.35% (106% above median its 10-year median of 22.46)
GF Value™: RM0.57 vs. price of RM0.53 (7% below fair value)
Industry Position: 434.6% above the Software median (#834 of 2466)
No single metric tells the full story. See the XKLS:0106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OpenMove AI Bhd, formerly known as Rexit Bhd, focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions that cater to the front-end marketing and sales functions, as well as the back-end operations of insurance companies. It also offers a suite of workflow, case management, and document management applications suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, IIMS, which is an integrated workflow, case management, and document management system and others. Geographically, it derives a majority of its revenue from Malaysia.
72GF Score
Get the complete analysis for XKLS:0106
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:0106 has been successfully added to your 
