SMEBF (Sime Darby Bhd) Return-on-Tangible-Asset: 6.17% (As of Mar. 2026) — 44% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SMEBF Sime Darby Bhd SMEBF
89 GF Score
Price $0.56
GF Value $0.64
! 7 Warning Signs
View Full Analysis

What is Sime Darby Bhd Return-on-Tangible-Asset?

Sime Darby Bhd SMEBF 89 Return-on-Tangible-Asset is 6.17% as of Mar. 2026, which is 44% above its 10-year median of 4.27. GuruFocus rates SMEBF with a GF Score™ of 89/100 and a GF Value™ of $0.64. The stock has 7 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Sime Darby Bhd ranks better than 64.64% 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. Sime Darby Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was $662 Mil. Sime Darby Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was $10,737 Mil. Therefore, Sime Darby Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.17%.

The historical rank and industry rank for Sime Darby Bhd's Return-on-Tangible-Asset or its related term are showing as below:

SMEBF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.32   Med: 4.27   Max: 7.95
Current: 5.04

During the past 13 years, Sime Darby Bhd's highest Return-on-Tangible-Asset was 7.95%. The lowest was 3.32%. And the median was 4.27%.

SMEBF's Return-on-Tangible-Asset is ranked better than
64.64% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 3.125 vs SMEBF: 5.04

Sime Darby Bhd  (OTCPK:SMEBF) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Sime Darby Bhd Return-on-Tangible-Asset Related Terms


Sime Darby Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sime Darby Bhd'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.

Sime Darby Bhd Return-on-Tangible-Asset Chart

Sime Darby Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.51 3.85 4.49 7.89 4.68

Sime Darby Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.76 7.05 3.22 4.00 6.17

SMEBF vs TSLA, GM, F: Return-on-Tangible-Asset Comparison

For the Auto Manufacturers subindustry, Sime Darby Bhd'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.


Sime Darby Bhd Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sime Darby Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sime Darby Bhd's Return-on-Tangible-Asset falls into.


SMEBF
89GF Score
Sime Darby Bhd SMEBF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sime Darby Bhd Return-on-Tangible-Asset Calculation

Sime Darby Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=486.314/( (10284.531+10481.831)/ 2 )
=486.314/10383.181
=4.68 %

Sime Darby Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=662.344/( (10622.034+10851.732)/ 2 )
=662.344/10736.883
=6.17 %

* 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 6.17% mean?
Sime Darby Bhd (SMEBF) has a Return-on-Tangible-Asset of 6.17% 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 Sime Darby Bhd and its competitors. This is 44% above median its historical median of 4.27. Over the past decade, Sime Darby Bhd's Return-on-Tangible-Asset has ranged from 3.32 to 7.95. According to the industry distribution chart, Sime Darby Bhd ranks #471 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 35.4%.
Is Sime Darby Bhd's Return-on-Tangible-Asset too high?
Sime Darby Bhd's current Return-on-Tangible-Asset of 6.17% is 44% above median its 10-year median of 4.27. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 7.95. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. Sime Darby Bhd's value of 6.17% is 97.4% above this industry median. Based on the distribution chart, Sime Darby Bhd ranks #471 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Sime Darby Bhd has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Sime Darby Bhd's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Sime Darby Bhd ranks #471 out of 1332 companies for Return-on-Tangible-Asset. This puts Sime Darby Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Sime Darby Bhd's value of 6.17% is 97.4% above this benchmark. Historically, Sime Darby Bhd's own Return-on-Tangible-Asset has ranged from 3.32 to 7.95 over the past decade. While the company's 10-year median is 4.27 vs. the industry median of 3.13, Sime Darby 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-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 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. Sime Darby Bhd's current Return-on-Tangible-Asset of 6.17% is 97.4% 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-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 Sime Darby Bhd and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sime Darby Bhd's current Return-on-Tangible-Asset is 6.17%, which is 44% above median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sime Darby Bhd stock overvalued right now?
Sime Darby Bhd (SMEBF) has a current Return-on-Tangible-Asset of 6.17%. The stock's GF Value™ is $0.64, compared to a current price of $0.56 — trading 13% below its estimated fair value. The current Return-on-Tangible-Asset is 6.17%, which is 44% above median its 10-year median of 4.27 and 97.4% above the Vehicles & Parts industry median of 3.13. Sime Darby Bhd's overall GF Score™ is 89/100 with 7 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 Sime Darby Bhd (SMEBF), the current Return-on-Tangible-Asset is 6.17% 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.

Is Sime Darby Bhd (SMEBF) Overvalued in 2026?

Based on GuruFocus' analysis, Sime Darby Bhd stock appears to be undervalued. The current stock price of $0.56 is trading 13% below its estimated GF Value™ of $0.64.

Key valuation signals for SMEBF:

  • Return-on-Tangible-Asset: 6.17% (44% above median its 10-year median of 4.27)
  • GF Value™: $0.64 vs. price of $0.56 (13% below fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 97.4% above the Vehicles & Parts median (#471 of 1332)

No single metric tells the full story. See the SMEBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sime Darby Bhd Business Description

Other Exchanges 4197:Malaysia
Address Jalan PJU 1A/2, Level 9, Menara Sime, Oasis Corporate Park, Ara Damansara, Darul Ehsan, Petaling Jaya, SGR, MYS, 47301
Sime Darby Bhd is a Malaysia-based investment holding company. It organizes itself into four segments, based on business type: motors, industrial, UMW, Corporate, and others. Its industrial segment, the majority revenue-generating segment, offers sales, rentals, and servicing of equipment, while the motors segment focuses on vehicle assembly, distribution, and related after-sales services. The company operates principally in the Asia-Pacific region, particularly Malaysia, with additional presence in markets in several countries through its subsidiaries and regional operations. Its business model emphasizes expanding its footprint in key sectors and leveraging established brands to capture growth across multiple geographic markets.
89GF Score

Get the complete analysis for SMEBF

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

$0.56
Price
$0.64
GF Value