Moreld ASACHIX:MORLDO 11 Return-on-Tangible-Asset is -17.21% as of Mar. 2026. GuruFocus rates CHIX:MORLDO with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 1,024 Oil & Gas companies, Moreld ASA ranks worse than 54.69% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Moreld ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr-727 Mil. Moreld ASA's average total tangible assets for the quarter that ended in Mar. 2026 was kr4,226 Mil. Therefore, Moreld ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -17.21%.
The historical rank and industry rank for Moreld ASA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:MORLDo'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.21 Med: -1.33 Max: 5.5
Current: 1.33
During the past 3 years, Moreld ASA's highest Return-on-Tangible-Asset was 5.50%. The lowest was -19.21%. And the median was -1.33%.
CHIX:MORLDo's Return-on-Tangible-Asset is ranked worse than 54.69% of 1024
companies
in the Oil & Gas industry
Industry Median: 1.98
vs CHIX:MORLDo: 1.33
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Moreld ASA Return-on-Tangible-Asset Related Terms
Moreld ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Moreld ASA's Return-on-Tangible-Asset 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.
CHIX:MORLDO vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Moreld ASA's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Moreld ASA Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Moreld ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Moreld ASA's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -17.21% mean?
Moreld ASA (CHIX:MORLDO) has a Return-on-Tangible-Asset of -17.21% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Moreld ASA and its competitors. According to the industry distribution chart, Moreld ASA ranks #560 out of 1024 companies in the Oil & Gas industry, placing it in the top 54.7%.
Is Moreld ASA's Return-on-Tangible-Asset too high?
Moreld ASA's current Return-on-Tangible-Asset is -17.21%. Based on the distribution chart, Moreld ASA ranks #560 out of 1024 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Moreld ASA has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Moreld ASA's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Moreld ASA ranks #560 out of 1024 companies for Return-on-Tangible-Asset. This places Moreld ASA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.98. 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-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.98, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Moreld ASA and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moreld ASA's current Return-on-Tangible-Asset is -17.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moreld ASA stock overvalued right now?
Moreld ASA (CHIX:MORLDO) has a current Return-on-Tangible-Asset of -17.21%. The current Return-on-Tangible-Asset is -17.21%. Moreld ASA's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Moreld ASA (CHIX:MORLDO), the current Return-on-Tangible-Asset is -17.21% as of Mar. 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.
Moreld ASA is providing a range of offshore services and integrated solutions for the energy, marine, and industrial sectors, driving growth and innovation. The group operates through three main segments: Ocean Installer, Moreld Apply, and Global Maritime. It derives maximum revenue from Moreld Apply segment, which focuses on offshore and onshore maintenance and modification projects, delivering services from concept development through to project completion. Geographically, the group operates in Norway, Africa, Europe (excluding Norway), Asia and Australia, incl. Middle East, Americas, and Other Countries. It generates majority of its revenue from Norway.
11GF Score
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