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. RedPlanet Bhd's annualized net income for the quarter that ended in Dec. 2025 was RM6.15 Mil. RedPlanet Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2025 was RM12.46 Mil. Therefore, RedPlanet Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 49.35%.
The historical rank and industry rank for RedPlanet Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:03036'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.41 Med: 34.89 Max: 105.93
Current: 44.4
During the past 8 years, RedPlanet Bhd's highest Return-on-Tangible-Equity was 105.93%. The lowest was 22.41%. And the median was 34.89%.
XKLS:03036's Return-on-Tangible-Equity is not ranked
in the Software industry.
Industry Median: 8.67
vs XKLS:03036: 44.40
RedPlanet Bhd (XKLS:03036) 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.
RedPlanet Bhd Return-on-Tangible-Equity Related Terms
RedPlanet Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for RedPlanet 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:03036 vs IBM, ACN, FI: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, RedPlanet 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.
RedPlanet Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, RedPlanet Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RedPlanet 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 49.35% mean?
RedPlanet Bhd (XKLS:03036) has a Return-on-Tangible-Equity of 49.35% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RedPlanet Bhd and its competitors. This is 41% above median its historical median of 34.89. Over the past decade, RedPlanet Bhd's Return-on-Tangible-Equity has ranged from 22.41 to 105.93.
Is RedPlanet Bhd's Return-on-Tangible-Equity too high?
RedPlanet Bhd's current Return-on-Tangible-Equity of 49.35% is 41% above median its 10-year median of 34.89. Over the past 10 years, this metric has ranged from a low of 22.41 to a high of 105.93. The Software industry median Return-on-Tangible-Equity is 8.67. RedPlanet Bhd's value of 49.35% is 469.2% above this industry median. Overall, RedPlanet Bhd has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does RedPlanet Bhd's Return-on-Tangible-Equity compare to IBM and ACN?
RedPlanet Bhd's Return-on-Tangible-Equity of 49.35% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 8.67. RedPlanet Bhd's value of 49.35% is 469.2% above this benchmark. Historically, RedPlanet Bhd's own Return-on-Tangible-Equity has ranged from 22.41 to 105.93 over the past decade. While the company's 10-year median is 34.89 vs. the industry median of 8.67, RedPlanet 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. RedPlanet Bhd's current Return-on-Tangible-Equity of 49.35% is 469.2% 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 RedPlanet 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. RedPlanet Bhd's current Return-on-Tangible-Equity is 49.35%, which is 41% above median its own 10-year median of 34.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedPlanet Bhd stock overvalued right now?
RedPlanet Bhd (XKLS:03036) has a current Return-on-Tangible-Equity of 49.35%. The stock's GF Value™ is RM0.28, compared to a current price of RM0.15 — trading 46.4% below its estimated fair value. The current Return-on-Tangible-Equity is 49.35%, which is 41% above median its 10-year median of 34.89 and 469.2% above the Software industry median of 8.67. RedPlanet Bhd's overall GF Score™ is 63/100 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 RedPlanet Bhd (XKLS:03036), the current Return-on-Tangible-Equity is 49.35% as of Dec. 2025. 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 RedPlanet Bhd (XKLS:03036) Overvalued in 2026?
Based on GuruFocus' analysis, RedPlanet Bhd stock appears to be undervalued.
The current stock price of RM0.15 is trading 46.4% below its estimated GF Value™ of RM0.28.
Key valuation signals for XKLS:03036:
Return-on-Tangible-Equity: 49.35% (41% above median its 10-year median of 34.89)
GF Value™: RM0.28 vs. price of RM0.15 (46.4% below fair value)
Industry Position: 469.2% above the Software median
No single metric tells the full story. See the XKLS:03036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RedPlanet Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the provision of GIS solutions, ICT solutions, as well as maintenance and support services. Its GIS solutions assist its customers in activities such as location search, navigation, logistics routing, customer targeting, and urban planning. The company also provides enterprise-wide business-oriented tools involving data management processes such as data collection, data processing, data digitization, and others. Geographically, the company derives maximum revenue from its customers in Malaysia followed by India, Brunei, Philippines, and other regions.
63GF Score
Get the complete analysis for XKLS:03036
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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