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. Marine & General Bhd's annualized net income for the quarter that ended in Apr. 2026 was RM-24.5 Mil. Marine & General Bhd's average shareholder tangible equity for the quarter that ended in Apr. 2026 was RM254.3 Mil. Therefore, Marine & General Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was -9.64%.
The historical rank and industry rank for Marine & General Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5078'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.52 Med: 11.07 Max: 38.96
Current: 10.31
During the past 13 years, Marine & General Bhd's highest Return-on-Tangible-Equity was 38.96%. The lowest was -47.52%. And the median was 11.07%.
XKLS:5078's Return-on-Tangible-Equity is ranked better than 59.66% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs XKLS:5078: 10.31
Marine & General Bhd (XKLS:5078) 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.
Marine & General Bhd Return-on-Tangible-Equity Related Terms
Marine & General Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Marine & General 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.
Marine & General Bhd Return-on-Tangible-Equity Chart
XKLS:5078 vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Marine & General 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.
Marine & General Bhd Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marine & General Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Marine & General Bhd's Return-on-Tangible-Equity 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-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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -9.64% mean?
Marine & General Bhd (XKLS:5078) has a Return-on-Tangible-Equity of -9.64% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Marine & General Bhd and its competitors. According to the industry distribution chart, Marine & General Bhd ranks #380 out of 942 companies in the Oil & Gas industry, placing it in the top 40.3%.
Is Marine & General Bhd's Return-on-Tangible-Equity too high?
Marine & General Bhd's current Return-on-Tangible-Equity is -9.64%. Based on the distribution chart, Marine & General Bhd ranks #380 out of 942 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Marine & General Bhd has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine & General Bhd's Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Marine & General Bhd ranks #380 out of 942 companies for Return-on-Tangible-Equity. This puts Marine & General Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.77. 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.77, based on 942 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. 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 Marine & General Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine & General Bhd's current Return-on-Tangible-Equity is -9.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marine & General Bhd (XKLS:5078) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.28 — trading 12% above its estimated fair value. The current Return-on-Tangible-Equity is -9.64%. Marine & General Bhd's overall GF Score™ is 24/100 with 5 warning signs to review. 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 Marine & General Bhd (XKLS:5078), the current Return-on-Tangible-Equity is -9.64% as of Apr. 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 Marine & General Bhd (XKLS:5078) Overvalued in 2026?
Based on GuruFocus' analysis, Marine & General Bhd stock appears to be overvalued.
The current stock price of RM0.28 is trading 12% above its estimated GF Value™ of RM0.25.
GuruFocus considers Marine & General Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5078:
Return-on-Tangible-Equity: -9.64%
GF Value™: RM0.25 vs. price of RM0.28 (12% above fair value)
No single metric tells the full story. See the XKLS:5078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marine & General Bhd is an investment holding company. Through its subsidiary, it is engaged in business activities of provision of offshore marine support services, marine logistics services, and tanker management services. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. The company generates the majority of its revenue from Malaysia.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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