ICT Zone Asia Bhd (XKLS:0358) ROE %: 16.87% (As of Jan. 2026) — 34% Above Median


XKLS:0358 ICT Zone Asia Bhd XKLS:0358
63 GF Score
Price RM0.20
GF Value RM0.37
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is ICT Zone Asia Bhd ROE %?

ICT Zone Asia Bhd XKLS:0358 +5.26% 63 ROE % 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 63/100 and a GF Value™ of RM0.37 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,679 Software companies, ICT Zone Asia Bhd ranks better than 78.39% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Jan. 2026 was RM106.0 Mil. Therefore, ICT Zone Asia Bhd's annualized ROE % for the quarter that ended in Jan. 2026 was 16.87%.

The historical rank and industry rank for ICT Zone Asia Bhd's ROE % or its related term are showing as below:

XKLS:0358' s ROE % 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 ROE % was 17.16%. The lowest was -2.01%. And the median was 12.59%.

XKLS:0358's ROE % is ranked better than
78.39% of 2679 companies
in the Software industry
Industry Median: 4.69 vs XKLS:0358: 17.16

ICT Zone Asia Bhd  (XKLS:0358) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=17.876/105.9855
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.876 / 188.18)*(188.18 / 284.076)*(284.076 / 105.9855)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.5 %*0.6624*2.6803
=ROA %*Equity Multiplier
=6.29 %*2.6803
=16.87 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=17.876/105.9855
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (17.876 / 21.158) * (21.158 / 25.222) * (25.222 / 188.18) * (188.18 / 284.076) * (284.076 / 105.9855)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8449 * 0.8389 * 13.4 % * 0.6624 * 2.6803
=16.87 %

Note: The net income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


ICT Zone Asia Bhd ROE % Related Terms


ICT Zone Asia Bhd ROE % Historical Data

* Premium members only.

The historical data trend for ICT Zone Asia Bhd's ROE % 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.

ICT Zone Asia Bhd ROE % Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
ROE %
Get a 7-Day Free Trial 12.59 12.23 15.75 14.08 13.47

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.03 13.85 13.12 16.69 16.87

XKLS:0358 vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, ICT Zone Asia Bhd's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where ICT Zone Asia Bhd's ROE % falls into.


XKLS:0358
63GF Score
ICT Zone Asia Bhd XKLS:0358
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICT Zone Asia Bhd ROE % Calculation

ICT Zone Asia Bhd's annualized ROE % for the fiscal year that ended in Jan. 2025 is calculated as

ROE %=Net Income (A: Jan. 2025 )/( (Total Stockholders Equity (A: Jan. 2024 )+Total Stockholders Equity (A: Jan. 2025 ))/ count )
=8.795/( (60.891+69.685)/ 2 )
=8.795/65.288
=13.47 %

ICT Zone Asia Bhd's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Jul. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=17.876/( (102.113+109.858)/ 2 )
=17.876/105.9855
=16.87 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.87% mean?
ICT Zone Asia Bhd (XKLS:0358) has a ROE % of 16.87% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total 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 #579 out of 2679 companies in the Software industry, placing it in the top 21.6%.
Is ICT Zone Asia Bhd's ROE % too high?
ICT Zone Asia Bhd's current ROE % of 16.87% is 34% above median its 10-year median of 12.59. The Software industry median ROE % is 4.69. ICT Zone Asia Bhd's value of 16.87% is 259.7% above this industry median. Based on the distribution chart, ICT Zone Asia Bhd ranks #579 out of 2679 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ICT Zone Asia Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, ICT Zone Asia Bhd ranks #579 out of 2679 companies for ROE %. This places ICT Zone Asia Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 4.69. ICT Zone Asia Bhd's value of 16.87% is 259.7% above this benchmark. While the company's 10-year median is 12.59 vs. the industry median of 4.69, 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 ROE % for a Software company?
The median ROE % among Software companies is 4.69, based on 2,679 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICT Zone Asia Bhd's current ROE % of 16.87% is 259.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ICT Zone Asia Bhd and its competitors. For the Software industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICT Zone Asia Bhd's current ROE % 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 RM0.20 — trading 45.9% below its estimated fair value. The current ROE % is 16.87%, which is 34% above median its 10-year median of 12.59 and 259.7% above the Software industry median of 4.69. ICT Zone Asia Bhd's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ICT Zone Asia Bhd (XKLS:0358), the current ROE % 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 RM0.20 is trading 45.9% 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:

  • ROE %: 16.87% (34% above median its 10-year median of 12.59)
  • GF Value™: RM0.37 vs. price of RM0.20 (45.9% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 259.7% above the Software median (#579 of 2679)

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 Business Description

Address Jalan Ampang Putra, Block H, Ground Floor, Excella Business Park, Wilayah Persekutuan, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100
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.
63GF Score

Get the complete analysis for XKLS:0358

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.20
Price
RM0.37
GF Value