Green Ocean Bhd (XKLS:0074) Return-on-Tangible-Equity: 0.02% (As of Mar. 2026)


What is Green Ocean Bhd Return-on-Tangible-Equity?

Green Ocean Bhd XKLS:0074 +5.56% Return-on-Tangible-Equity is 0.02% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,878 Consumer Packaged Goods companies, Green Ocean Bhd ranks worse than 91.37% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Green Ocean Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM0.01 Mil. Green Ocean Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM68.33 Mil. Therefore, Green Ocean Bhd's annualized Return-on-Tangible-Equity 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-Equity or its related term are showing as below:

XKLS:0074' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.82   Med: -14.63   Max: 9.15
Current: -20.95

During the past 13 years, Green Ocean Bhd's highest Return-on-Tangible-Equity was 9.15%. The lowest was -38.82%. And the median was -14.63%.

XKLS:0074's Return-on-Tangible-Equity is ranked worse than
91.37% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs XKLS:0074: -20.95

Green Ocean Bhd  (XKLS:0074) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Green Ocean Bhd Return-on-Tangible-Equity Related Terms


Green Ocean Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Green Ocean Bhd's Return-on-Tangible-Equity 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.

Green Ocean Bhd Return-on-Tangible-Equity Chart

Green Ocean Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Sep24 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.15 -16.37 -16.80 -12.89 -17.16

Green Ocean Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 -35.26 -100.84 41.69 -28.77 0.02

XKLS:0074 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, Green Ocean Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Green Ocean Bhd's Return-on-Tangible-Equity falls into.



Green Ocean Bhd Return-on-Tangible-Equity Calculation

Green Ocean Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Sep. 2024 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Sep. 2024 )(A: Mar. 2026 )
=-14.442/( (99.698+68.604 )/ 2 )
=-14.442/84.151
=-17.16 %

Green Ocean Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=0.012/( (68.061+68.604)/ 2 )
=0.012/68.3325
=0.02 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.02% mean?
Green Ocean Bhd (XKLS:0074) has a Return-on-Tangible-Equity of 0.02% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Green Ocean Bhd and its competitors. According to the industry distribution chart, Green Ocean Bhd ranks #1716 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 91.4%.
Is Green Ocean Bhd's Return-on-Tangible-Equity too high?
Green Ocean Bhd's current Return-on-Tangible-Equity is 0.02%. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Green Ocean Bhd's value of 0.02% is 99.7% below this industry median. Based on the distribution chart, Green Ocean Bhd ranks #1716 out of 1878 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-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #1716 out of 1878 companies for Return-on-Tangible-Equity. This places Green Ocean Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Green Ocean Bhd's value of 0.02% is 99.7% 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 0.02% is 99.7% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Green Ocean Bhd and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — 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-Equity 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 RM0.17, compared to a current price of RM0.10 — trading 44.1% below its estimated fair value. The current Return-on-Tangible-Equity is 0.02% and 99.7% below the Consumer Packaged Goods industry median of 7.78. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Green Ocean Bhd (XKLS:0074), the current Return-on-Tangible-Equity 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 Bhd Business Description

Address DF2-10-01 (Unit 2), Persoft Tower, Level 10, 6B, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
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.