Kronologi Asia BhdXKLS:0176 +21.05% Return-on-Tangible-Equity is 2.84% as of Apr. 2026, which is 86% below its 10-year median of 19.65. The stock has 5 warning signs investors should review. Among 2,466 Software companies, Kronologi Asia Bhd ranks worse than 93.51% 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. Kronologi Asia Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM4.0 Mil. Kronologi Asia Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM141.7 Mil. Therefore, Kronologi Asia Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 2.84%.
The historical rank and industry rank for Kronologi Asia Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0176'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -142.5 Med: 19.65 Max: 43.01
Current: -140.97
During the past 12 years, Kronologi Asia Bhd's highest Return-on-Tangible-Equity was 43.01%. The lowest was -142.50%. And the median was 19.65%.
XKLS:0176's Return-on-Tangible-Equity is ranked worse than 93.51% of 2466
companies
in the Software industry
Industry Median: 8.67
vs XKLS:0176: -140.97
Kronologi Asia Bhd (XKLS:0176) 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.
Kronologi Asia Bhd Return-on-Tangible-Equity Related Terms
Kronologi Asia Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kronologi Asia 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.
Kronologi Asia Bhd Return-on-Tangible-Equity Chart
XKLS:0176 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Kronologi Asia 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.
Kronologi Asia Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Kronologi Asia Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kronologi Asia 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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.84% mean?
Kronologi Asia Bhd (XKLS:0176) has a Return-on-Tangible-Equity of 2.84% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kronologi Asia Bhd and its competitors. This is 86% below median its historical median of 19.65. According to the industry distribution chart, Kronologi Asia Bhd ranks #2306 out of 2466 companies in the Software industry, placing it in the top 93.5%.
Is Kronologi Asia Bhd's Return-on-Tangible-Equity too high?
Kronologi Asia Bhd's current Return-on-Tangible-Equity of 2.84% is 86% below median its 10-year median of 19.65. The Software industry median Return-on-Tangible-Equity is 8.67. Kronologi Asia Bhd's value of 2.84% is 67.2% below this industry median. Based on the distribution chart, Kronologi Asia Bhd ranks #2306 out of 2466 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Kronologi Asia Bhd's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Kronologi Asia Bhd ranks #2306 out of 2466 companies for Return-on-Tangible-Equity. This places Kronologi Asia Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.67. Kronologi Asia Bhd's value of 2.84% is 67.2% below this benchmark. While the company's 10-year median is 19.65 vs. the industry median of 8.67, Kronologi Asia 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 8.67, 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. Kronologi Asia Bhd's current Return-on-Tangible-Equity of 2.84% is 67.2% 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 Kronologi Asia 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. Kronologi Asia Bhd's current Return-on-Tangible-Equity is 2.84%, which is 86% below median its own 10-year median of 19.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kronologi Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kronologi Asia Bhd (XKLS:0176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.12 — trading 42.5% below its estimated fair value. The current Return-on-Tangible-Equity is 2.84%, which is 86% below median its 10-year median of 19.65 and 67.2% below the Software industry median of 8.67. 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 Kronologi Asia Bhd (XKLS:0176), the current Return-on-Tangible-Equity is 2.84% as of Apr. 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.
Kronologi Asia Bhd is engaged in investment holding and the provision of business consulting, designing of solutions, and research and development relating to new and emerging information technology software, applications, multimedia development, information systems, data management software, data protection solutions and processes, system back-up and disaster recovery systems, related businesses, and hybrid and cloud enterprise data management technology and solutions. Its segments are: EDM Infrastructure Technology, which generates maximum revenue and comprises both hardware and software used to record, store, retain, back up, recover, and restore digital data, and EDM As-A-Service. The Group generates maximum revenue from the Philippines.
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