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.
Bumi Armada BhdXKLS:5210 +1.37%48 Return-on-Tangible-Asset is 1.87% as of Mar. 2026, which is 19% below its 10-year median of 2.32. GuruFocus rates XKLS:5210 with a GF Score™ of 48/100 and a GF Value™ of RM0.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,024 Oil & Gas companies, Bumi Armada Bhd ranks better than 56.54% 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. Bumi Armada Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM160 Mil. Bumi Armada Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM8,586 Mil. Therefore, Bumi Armada Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.87%.
The historical rank and industry rank for Bumi Armada Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5210'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.4 Med: 2.32 Max: 6.16
Current: 3.22
During the past 13 years, Bumi Armada Bhd's highest Return-on-Tangible-Asset was 6.16%. The lowest was -13.40%. And the median was 2.32%.
XKLS:5210's Return-on-Tangible-Asset is ranked better than 56.54% of 1024
companies
in the Oil & Gas industry
Industry Median: 2.08
vs XKLS:5210: 3.22
Bumi Armada Bhd (XKLS:5210) 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.
Bumi Armada Bhd Return-on-Tangible-Asset Related Terms
Bumi Armada Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bumi Armada 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:5210 vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Bumi Armada 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.
Bumi Armada Bhd Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bumi Armada Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bumi Armada 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 1.87% mean?
Bumi Armada Bhd (XKLS:5210) has a Return-on-Tangible-Asset of 1.87% 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 Bumi Armada Bhd and its competitors. This is 19% below median its historical median of 2.32. According to the industry distribution chart, Bumi Armada Bhd ranks #445 out of 1024 companies in the Oil & Gas industry, placing it in the top 43.5%.
Is Bumi Armada Bhd's Return-on-Tangible-Asset too high?
Bumi Armada Bhd's current Return-on-Tangible-Asset of 1.87% is 19% below median its 10-year median of 2.32. The Oil & Gas industry median Return-on-Tangible-Asset is 2.08. Bumi Armada Bhd's value of 1.87% is 10.1% below this industry median. Based on the distribution chart, Bumi Armada Bhd ranks #445 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Bumi Armada Bhd has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bumi Armada Bhd's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Bumi Armada Bhd ranks #445 out of 1024 companies for Return-on-Tangible-Asset. This puts Bumi Armada Bhd in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.08. Bumi Armada Bhd's value of 1.87% is 10.1% below this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 2.08, Bumi Armada Bhd has consistently been below 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.08, 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. Bumi Armada Bhd's current Return-on-Tangible-Asset of 1.87% is 10.1% 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 Bumi Armada Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bumi Armada Bhd's current Return-on-Tangible-Asset is 1.87%, which is 19% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bumi Armada Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bumi Armada Bhd (XKLS:5210) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.37 — trading 12.1% above its estimated fair value. The current Return-on-Tangible-Asset is 1.87%, which is 19% below median its 10-year median of 2.32 and 10.1% below the Oil & Gas industry median of 2.08. Bumi Armada Bhd's overall GF Score™ is 48/100 with 6 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 Bumi Armada Bhd (XKLS:5210), the current Return-on-Tangible-Asset is 1.87% 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 Bumi Armada Bhd (XKLS:5210) Overvalued in 2026?
Based on GuruFocus' analysis, Bumi Armada Bhd stock appears to be overvalued.
The current stock price of RM0.37 is trading 12.1% above its estimated GF Value™ of RM0.33.
GuruFocus considers Bumi Armada Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5210:
Return-on-Tangible-Asset: 1.87% (19% below median its 10-year median of 2.32)
GF Value™: RM0.33 vs. price of RM0.37 (12.1% above fair value)
Industry Position: 10.1% below the Oil & Gas median (#445 of 1024)
No single metric tells the full story. See the XKLS:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bumi Armada Bhd is an investment holding company and provision of management services. Along with its subsidiaries, it is engaged in Floating Production Storage and Offloading (FPSO) operations, as well as providing engineering and maintenance services to offshore oil and gas companies. Its reportable segments are Operations and Others. The majority of the company's revenue is generated from the Operations segment, which includes the provision of FPSO vessels, Floating Gas Solutions units, Subsea Construction (SC) assets, and marine-related services. Geographically, the company generates maximum revenue from Africa, followed by Europe, Asia (excluding Malaysia), and Malaysia.
48GF Score
Get the complete analysis for XKLS:5210
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:5210 has been successfully added to your 
