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.
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.
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. Alam Maritim Resources Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM20.3 Mil. Alam Maritim Resources Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM205.8 Mil. Therefore, Alam Maritim Resources Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.88%.
The historical rank and industry rank for Alam Maritim Resources Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5115'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -40.74 Med: -12.64 Max: 41.22
Current: 41.22
During the past 13 years, Alam Maritim Resources Bhd's highest Return-on-Tangible-Asset was 41.22%. The lowest was -40.74%. And the median was -12.64%.
XKLS:5115's Return-on-Tangible-Asset is ranked better than 98.44% of 1025
companies
in the Oil & Gas industry
Industry Median: 2.09
vs XKLS:5115: 41.22
Alam Maritim Resources Bhd (XKLS:5115) 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.
Alam Maritim Resources Bhd Return-on-Tangible-Asset Related Terms
Alam Maritim Resources Bhd Return-on-Tangible-Asset Historical Data
* 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.
Alam Maritim Resources Bhd Return-on-Tangible-Asset Chart
XKLS:5115 vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.
Alam Maritim Resources Bhd Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alam Maritim Resources 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 9.88% mean?
Alam Maritim Resources Bhd (XKLS:5115) has a Return-on-Tangible-Asset of 9.88% 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 Alam Maritim Resources Bhd and its competitors. According to the industry distribution chart, Alam Maritim Resources Bhd ranks #16 out of 1025 companies in the Oil & Gas industry, placing it in the top 1.6%.
Is Alam Maritim Resources Bhd's Return-on-Tangible-Asset too high?
Alam Maritim Resources Bhd's current Return-on-Tangible-Asset is 9.88%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.09. Alam Maritim Resources Bhd's value of 9.88% is 372.7% above this industry median. Based on the distribution chart, Alam Maritim Resources Bhd ranks #16 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Alam Maritim Resources Bhd has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alam Maritim Resources Bhd's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Alam Maritim Resources Bhd ranks #16 out of 1025 companies for Return-on-Tangible-Asset. This places Alam Maritim Resources Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.09. Alam Maritim Resources Bhd's value of 9.88% is 372.7% above 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.09, based on 1,025 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. Alam Maritim Resources Bhd's current Return-on-Tangible-Asset of 9.88% is 372.7% 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 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 Alam Maritim Resources Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alam Maritim Resources Bhd's current Return-on-Tangible-Asset is 9.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alam Maritim Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd (XKLS:5115) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.27 — trading 55.9% above its estimated fair value. The current Return-on-Tangible-Asset is 9.88% and 372.7% above the Oil & Gas industry median of 2.09. Alam Maritim Resources Bhd's overall GF Score™ is 33/100 with 2 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 Alam Maritim Resources Bhd (XKLS:5115), the current Return-on-Tangible-Asset is 9.88% 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 Alam Maritim Resources Bhd (XKLS:5115) Overvalued in 2026?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd stock appears to be overvalued.
The current stock price of RM0.27 is trading 55.9% above its estimated GF Value™ of RM0.17.
GuruFocus considers Alam Maritim Resources Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5115:
Return-on-Tangible-Asset: 9.88%
GF Value™: RM0.17 vs. price of RM0.27 (55.9% above fair value)
Industry Position: 372.7% above the Oil & Gas median (#16 of 1025)
No single metric tells the full story. See the XKLS:5115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alam Maritim Resources Bhd is an first-tier service provider to the Malaysian oil and gas industry. The company's activities include offshore facilities construction and installation services, such as marine construction-related services; subsea engineering services and offshore pipeline construction-related services, as well as designing, manufacturing and operating of remotely operated vehicles. Its segments include Offshore support vessels which provides vessels for charter hire, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and to support the repair and maintenance services for the oil and gas industry; and Subsea services which provides vessel, subsea-related equipment and subsea services.
33GF Score
Get the complete analysis for XKLS:5115
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5115 has been successfully added to your 
