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. icapital biz Bhd's annualized net income for the quarter that ended in Feb. 2026 was RM-1.11 Mil. icapital biz Bhd's average shareholder tangible equity for the quarter that ended in Feb. 2026 was RM547.33 Mil. Therefore, icapital biz Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -0.20%.
The historical rank and industry rank for icapital biz Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5108'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.85 Med: 0.43 Max: 5.15
Current: 0.46
During the past 13 years, icapital biz Bhd's highest Return-on-Tangible-Equity was 5.15%. The lowest was -0.85%. And the median was 0.43%.
XKLS:5108's Return-on-Tangible-Equity is ranked worse than 74.23% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs XKLS:5108: 0.46
icapital biz Bhd (XKLS:5108) 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.
icapital biz Bhd Return-on-Tangible-Equity Related Terms
icapital biz Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for icapital biz 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:5108 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, icapital biz 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.
icapital biz Bhd Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, icapital biz Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where icapital biz 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -0.20% mean?
icapital biz Bhd (XKLS:5108) has a Return-on-Tangible-Equity of -0.20% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on icapital biz Bhd and its competitors. According to the industry distribution chart, icapital biz Bhd ranks #1181 out of 1591 companies in the Asset Management industry, placing it in the top 74.2%.
Is icapital biz Bhd's Return-on-Tangible-Equity too high?
icapital biz Bhd's current Return-on-Tangible-Equity is -0.20%. Based on the distribution chart, icapital biz Bhd ranks #1181 out of 1591 companies in the Asset Management industry, which is below the industry midpoint. Overall, icapital biz Bhd has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does icapital biz Bhd's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, icapital biz Bhd ranks #1181 out of 1591 companies for Return-on-Tangible-Equity. This places icapital biz Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 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. 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 icapital biz Bhd and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. icapital biz Bhd's current Return-on-Tangible-Equity is -0.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is icapital biz Bhd stock overvalued right now?
Based on GuruFocus' analysis, icapital biz Bhd (XKLS:5108) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.24, compared to a current price of RM2.49 — trading 11.2% above its estimated fair value. The current Return-on-Tangible-Equity is -0.20%. icapital biz Bhd's overall GF Score™ is 55/100 with 3 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 icapital biz Bhd (XKLS:5108), the current Return-on-Tangible-Equity is -0.20% as of Feb. 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 icapital biz Bhd (XKLS:5108) Overvalued in 2026?
Based on GuruFocus' analysis, icapital biz Bhd stock appears to be overvalued.
The current stock price of RM2.49 is trading 11.2% above its estimated GF Value™ of RM2.24.
GuruFocus considers icapital biz Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5108:
Return-on-Tangible-Equity: -0.20%
GF Value™: RM2.24 vs. price of RM2.49 (11.2% above fair value)
No single metric tells the full story. See the XKLS:5108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
icapital biz Bhd is a Malaysia-based closed-end fund engaged in investing in a diversified portfolio of quoted securities. The fund's main objective is long-term capital appreciation through value investing in undervalued companies listed on Bursa Malaysia's Main and ACE Markets. It can also invest in cash deposits and up to 10% of its assets in unlisted companies. The fund is managed by Capital Dynamics Asset Management Sdn. Bhd., with Capital Dynamics Sdn. Bhd. as the investment adviser. Revenue and returns are generated through strategic investment in equities and other asset classes, focusing on sustainable growth and capital gains. The company operates mainly as an investment fund rather than traditional business operations.
55GF Score
Get the complete analysis for XKLS:5108
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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