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Borneo Oil BhdXKLS:7036 Return-on-Tangible-Asset is -1.58% as of Mar. 2026. The stock has 6 warning signs investors should review. Among 568 Conglomerates companies, Borneo Oil Bhd ranks worse than 95.25% 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. Borneo Oil Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-11.60 Mil. Borneo Oil Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM731.90 Mil. Therefore, Borneo Oil Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.58%.
The historical rank and industry rank for Borneo Oil Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7036'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -33.28 Med: 2.6 Max: 6.25
Current: -17.6
During the past 13 years, Borneo Oil Bhd's highest Return-on-Tangible-Asset was 6.25%. The lowest was -33.28%. And the median was 2.60%.
XKLS:7036's Return-on-Tangible-Asset is ranked worse than 95.25% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs XKLS:7036: -17.60
Borneo Oil Bhd (XKLS:7036) 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.
Borneo Oil Bhd Return-on-Tangible-Asset Related Terms
Borneo Oil Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Borneo Oil 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:7036 vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Borneo Oil 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.
Borneo Oil Bhd Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Borneo Oil Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Borneo Oil 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 -1.58% mean?
Borneo Oil Bhd (XKLS:7036) has a Return-on-Tangible-Asset of -1.58% 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 Borneo Oil Bhd and its competitors. According to the industry distribution chart, Borneo Oil Bhd ranks #541 out of 568 companies in the Conglomerates industry, placing it in the top 95.2%.
Is Borneo Oil Bhd's Return-on-Tangible-Asset too high?
Borneo Oil Bhd's current Return-on-Tangible-Asset is -1.58%. Based on the distribution chart, Borneo Oil Bhd ranks #541 out of 568 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Borneo Oil Bhd's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, Borneo Oil Bhd ranks #541 out of 568 companies for Return-on-Tangible-Asset. This places Borneo Oil Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.74. 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 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 Borneo Oil Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borneo Oil Bhd's current Return-on-Tangible-Asset is -1.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borneo Oil Bhd stock overvalued right now?
Based on GuruFocus' analysis, Borneo Oil Bhd (XKLS:7036) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading 50% below its estimated fair value. The current Return-on-Tangible-Asset is -1.58%. 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 Borneo Oil Bhd (XKLS:7036), the current Return-on-Tangible-Asset is -1.58% 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.
Borneo Oil Bhd is a Malaysia-based investment holding company. The company's operating segment includes Head office and others; Food and franchise operations includes ownership of restaurant chains, food manufacturing, and franchise operations; Property investment: Activities involve property maintenance and optimising property portfolios to enhance investment return. Management and Resources and sustainable energy: This includes activities such as mining and the supply of mineral resources. It generates maximum revenue from the Food and franchise operations segment. Geographically, it derives a majority of revenue from Malaysia.
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