ICT Zone Asia BhdXKLS:0358 62 Return-on-Tangible-Equity is 16.87% as of Jan. 2026, which is 34% above its 10-year median of 12.59. GuruFocus rates XKLS:0358 with a GF Score™ of 62/100 and a GF Value™ of RM0.37 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,467 Software companies, ICT Zone Asia Bhd ranks better than 64.29% 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. ICT Zone Asia Bhd's annualized net income for the quarter that ended in Jan. 2026 was RM17.9 Mil. ICT Zone Asia Bhd's average shareholder tangible equity for the quarter that ended in Jan. 2026 was RM106.0 Mil. Therefore, ICT Zone Asia Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 16.87%.
The historical rank and industry rank for ICT Zone Asia Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0358'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.01 Med: 12.59 Max: 17.16
Current: 17.16
During the past 7 years, ICT Zone Asia Bhd's highest Return-on-Tangible-Equity was 17.16%. The lowest was -2.01%. And the median was 12.59%.
XKLS:0358's Return-on-Tangible-Equity is ranked better than 64.29% of 2467
companies
in the Software industry
Industry Median: 8.82
vs XKLS:0358: 17.16
ICT Zone Asia Bhd (XKLS:0358) 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.
ICT Zone Asia Bhd Return-on-Tangible-Equity Related Terms
ICT Zone Asia Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ICT Zone 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.
XKLS:0358 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, ICT Zone 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.
ICT Zone Asia Bhd Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, ICT Zone Asia Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ICT Zone 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 two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.87% mean?
ICT Zone Asia Bhd (XKLS:0358) has a Return-on-Tangible-Equity of 16.87% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ICT Zone Asia Bhd and its competitors. This is 34% above median its historical median of 12.59. According to the industry distribution chart, ICT Zone Asia Bhd ranks #881 out of 2467 companies in the Software industry, placing it in the top 35.7%.
Is ICT Zone Asia Bhd's Return-on-Tangible-Equity too high?
ICT Zone Asia Bhd's current Return-on-Tangible-Equity of 16.87% is 34% above median its 10-year median of 12.59. The Software industry median Return-on-Tangible-Equity is 8.82. ICT Zone Asia Bhd's value of 16.87% is 91.3% above this industry median. Based on the distribution chart, ICT Zone Asia Bhd ranks #881 out of 2467 companies in the Software industry, which is above the industry midpoint. Overall, ICT Zone Asia Bhd has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, ICT Zone Asia Bhd ranks #881 out of 2467 companies for Return-on-Tangible-Equity. This puts ICT Zone Asia Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.82. ICT Zone Asia Bhd's value of 16.87% is 91.3% above this benchmark. While the company's 10-year median is 12.59 vs. the industry median of 8.82, ICT Zone Asia 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 8.82, 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. ICT Zone Asia Bhd's current Return-on-Tangible-Equity of 16.87% is 91.3% 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 ICT Zone Asia 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. ICT Zone Asia Bhd's current Return-on-Tangible-Equity is 16.87%, which is 34% above median its own 10-year median of 12.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.37, compared to a current price of RM0.19 — trading 50% below its estimated fair value. The current Return-on-Tangible-Equity is 16.87%, which is 34% above median its 10-year median of 12.59 and 91.3% above the Software industry median of 8.82. ICT Zone Asia Bhd's overall GF Score™ is 62/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For ICT Zone Asia Bhd (XKLS:0358), the current Return-on-Tangible-Equity is 16.87% as of Jan. 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 ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?
Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued.
The current stock price of RM0.19 is trading 50% below its estimated GF Value™ of RM0.37.
GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0358:
Return-on-Tangible-Equity: 16.87% (34% above median its 10-year median of 12.59)
GF Value™: RM0.37 vs. price of RM0.19 (50% below fair value)
Industry Position: 91.3% above the Software median (#881 of 2467)
No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
62GF Score
Get the complete analysis for XKLS:0358
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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