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Green Ocean BhdXKLS:0074 -5.56% Return-on-Tangible-Asset is 0.02% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Green Ocean Bhd ranks worse than 92.23% 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. Green Ocean Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM0.01 Mil. Green Ocean Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM71.14 Mil. Therefore, Green Ocean Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.02%.
The historical rank and industry rank for Green Ocean Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:0074'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.44 Med: -12.45 Max: 4.08
Current: -18.57
During the past 13 years, Green Ocean Bhd's highest Return-on-Tangible-Asset was 4.08%. The lowest was -19.44%. And the median was -12.45%.
XKLS:0074's Return-on-Tangible-Asset is ranked worse than 92.23% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.47
vs XKLS:0074: -18.57
Green Ocean Bhd (XKLS:0074) 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 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.
Green Ocean Bhd Return-on-Tangible-Asset Related Terms
Green Ocean Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Green Ocean 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.
XKLS:0074 vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Green Ocean 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.
Green Ocean Bhd Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Green Ocean Bhd'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 0.02% mean?
Green Ocean Bhd (XKLS:0074) has a Return-on-Tangible-Asset of 0.02% 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 Green Ocean Bhd and its competitors. According to the industry distribution chart, Green Ocean Bhd ranks #1839 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 92.2%.
Is Green Ocean Bhd's Return-on-Tangible-Asset too high?
Green Ocean Bhd's current Return-on-Tangible-Asset is 0.02%. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.47. Green Ocean Bhd's value of 0.02% is 99.4% below this industry median. Based on the distribution chart, Green Ocean Bhd ranks #1839 out of 1994 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Green Ocean Bhd's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #1839 out of 1994 companies for Return-on-Tangible-Asset. This places Green Ocean Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.47. Green Ocean Bhd's value of 0.02% is 99.4% below this benchmark. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.47, based on 1,994 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. Green Ocean Bhd's current Return-on-Tangible-Asset of 0.02% is 99.4% below 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 Green Ocean Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Ocean Bhd's current Return-on-Tangible-Asset is 0.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.16, compared to a current price of RM0.09 — trading 46.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.02% and 99.4% below the Consumer Packaged Goods industry median of 3.47. 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 Green Ocean Bhd (XKLS:0074), the current Return-on-Tangible-Asset is 0.02% 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.
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.
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