Golden Destinations Group Bhd (XKLS:0398) Return-on-Tangible-Equity: 33.01% (As of Dec. 2025) — 26% Below Median

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XKLS:0398 Golden Destinations Group Bhd XKLS:0398
16 GF Score
Price RM0.39
! 1 Warning Sign
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What is Golden Destinations Group Bhd Return-on-Tangible-Equity?

Golden Destinations Group Bhd XKLS:0398 16 Return-on-Tangible-Equity is 33.01% as of Dec. 2025, which is 26% below its 10-year median of 44.63. GuruFocus rates XKLS:0398 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 792 Travel & Leisure companies, Golden Destinations Group Bhd ranks better than 79.8% 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. Golden Destinations Group Bhd's annualized net income for the quarter that ended in Dec. 2025 was RM28.4 Mil. Golden Destinations Group Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2025 was RM85.9 Mil. Therefore, Golden Destinations Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 33.01%.

The historical rank and industry rank for Golden Destinations Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:0398' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.92   Med: 44.63   Max: 107.39
Current: 33.01

During the past 4 years, Golden Destinations Group Bhd's highest Return-on-Tangible-Equity was 107.39%. The lowest was 7.92%. And the median was 44.63%.

XKLS:0398's Return-on-Tangible-Equity is ranked better than
79.8% of 792 companies
in the Travel & Leisure industry
Industry Median: 7.76 vs XKLS:0398: 33.01

Golden Destinations Group Bhd  (XKLS:0398) 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.


Golden Destinations Group Bhd Return-on-Tangible-Equity Related Terms


Golden Destinations Group Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Golden Destinations Group 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.

Golden Destinations Group Bhd Return-on-Tangible-Equity Chart

Golden Destinations Group Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
7.92 56.24 107.39 33.01

Golden Destinations Group Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity 7.92 56.24 107.39 33.01

XKLS:0398 vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Golden Destinations Group 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.


Golden Destinations Group Bhd Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Destinations Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Golden Destinations Group Bhd's Return-on-Tangible-Equity falls into.


XKLS:0398
16GF Score
Golden Destinations Group Bhd XKLS:0398
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Destinations Group Bhd Return-on-Tangible-Equity Calculation

Golden Destinations Group Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=28.358/( (29.975+141.815 )/ 2 )
=28.358/85.895
=33.01 %

Golden Destinations Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=28.358/( (29.975+141.815)/ 2 )
=28.358/85.895
=33.01 %

* 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 one times the 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 33.01% mean?
Golden Destinations Group Bhd (XKLS:0398) has a Return-on-Tangible-Equity of 33.01% 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 Golden Destinations Group Bhd and its competitors. This is 26% below median its historical median of 44.63. Over the past decade, Golden Destinations Group Bhd's Return-on-Tangible-Equity has ranged from 7.92 to 107.39. According to the industry distribution chart, Golden Destinations Group Bhd ranks #160 out of 792 companies in the Travel & Leisure industry, placing it in the top 20.2%.
Is Golden Destinations Group Bhd's Return-on-Tangible-Equity too high?
Golden Destinations Group Bhd's current Return-on-Tangible-Equity of 33.01% is 26% below median its 10-year median of 44.63. Over the past 10 years, this metric has ranged from a low of 7.92 to a high of 107.39. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.76. Golden Destinations Group Bhd's value of 33.01% is 325.4% above this industry median. Based on the distribution chart, Golden Destinations Group Bhd ranks #160 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Destinations Group Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Golden Destinations Group Bhd's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Golden Destinations Group Bhd ranks #160 out of 792 companies for Return-on-Tangible-Equity. This places Golden Destinations Group Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.76. Golden Destinations Group Bhd's value of 33.01% is 325.4% above this benchmark. Historically, Golden Destinations Group Bhd's own Return-on-Tangible-Equity has ranged from 7.92 to 107.39 over the past decade. While the company's 10-year median is 44.63 vs. the industry median of 7.76, Golden Destinations Group 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.76, based on 792 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. Golden Destinations Group Bhd's current Return-on-Tangible-Equity of 33.01% is 325.4% 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 Golden Destinations Group Bhd and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Destinations Group Bhd's current Return-on-Tangible-Equity is 33.01%, which is 26% below median its own 10-year median of 44.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Destinations Group Bhd stock overvalued right now?
Golden Destinations Group Bhd (XKLS:0398) has a current Return-on-Tangible-Equity of 33.01%. The current Return-on-Tangible-Equity is 33.01%, which is 26% below median its 10-year median of 44.63 and 325.4% above the Travel & Leisure industry median of 7.76. Golden Destinations Group Bhd's overall GF Score™ is 16/100 with 1 warning sign 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 Golden Destinations Group Bhd (XKLS:0398), the current Return-on-Tangible-Equity is 33.01% 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.

Golden Destinations Group Bhd Business Description

Address Jalan Raja Chulan, Lot 345 - 346, 3rd Floor, Wisma New Asia, Wilayah Persekutuan, Kuala Lumpur, MYS, 50200
Golden Destinations Group Bhd is an investment holding company. Through its subsidiary, the company is principally involved as a full-service outbound travel experience curator, offering a comprehensive suite of outbound travel experience products and services under its brand Golden Destinations (GD). Its business segments include: i) Travel experience segment (comprising series travel experience packages, cruise travel experience packages and other travel experience packages) and ii) Standalone travel support services segment (ticketing services). The majority of the company's revenue is derived from the Travel experience segment, mainly through the series travel experience packages. Geographically, it operates in China, East Asia, Southeast Asia, Europe, and Other regions.
16GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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