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. Alam Maritim Resources Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM20.3 Mil. Alam Maritim Resources Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM105.0 Mil. Therefore, Alam Maritim Resources Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.37%.
The historical rank and industry rank for Alam Maritim Resources Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5115'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -94.27 Med: -21.8 Max: 273.48
Current: 273.48
During the past 13 years, Alam Maritim Resources Bhd's highest Return-on-Tangible-Equity was 273.48%. The lowest was -94.27%. And the median was -21.80%.
XKLS:5115's Return-on-Tangible-Equity is ranked better than 95.97% of 942
companies
in the Oil & Gas industry
Industry Median: 6.73
vs XKLS:5115: 273.48
Alam Maritim Resources Bhd (XKLS:5115) 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.
Alam Maritim Resources Bhd Return-on-Tangible-Equity Related Terms
Alam Maritim Resources Bhd Return-on-Tangible-Equity 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-Equity Chart
XKLS:5115 vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.
Alam Maritim Resources Bhd Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alam Maritim Resources 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 (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 19.37% mean?
Alam Maritim Resources Bhd (XKLS:5115) has a Return-on-Tangible-Equity of 19.37% 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 Alam Maritim Resources Bhd and its competitors. According to the industry distribution chart, Alam Maritim Resources Bhd ranks #38 out of 942 companies in the Oil & Gas industry, placing it in the top 4%.
Is Alam Maritim Resources Bhd's Return-on-Tangible-Equity too high?
Alam Maritim Resources Bhd's current Return-on-Tangible-Equity is 19.37%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Alam Maritim Resources Bhd's value of 19.37% is 187.8% above this industry median. Based on the distribution chart, Alam Maritim Resources Bhd ranks #38 out of 942 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-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Alam Maritim Resources Bhd ranks #38 out of 942 companies for Return-on-Tangible-Equity. This places Alam Maritim Resources Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Alam Maritim Resources Bhd's value of 19.37% is 187.8% 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, 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. Alam Maritim Resources Bhd's current Return-on-Tangible-Equity of 19.37% is 187.8% 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-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 Alam Maritim Resources Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — 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-Equity is 19.37%. 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 58.8% above its estimated fair value. The current Return-on-Tangible-Equity is 19.37% and 187.8% above the Oil & Gas industry median of 6.73. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Alam Maritim Resources Bhd (XKLS:5115), the current Return-on-Tangible-Equity is 19.37% 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 58.8% 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-Equity: 19.37%
GF Value™: RM0.17 vs. price of RM0.27 (58.8% above fair value)
Industry Position: 187.8% above the Oil & Gas median (#38 of 942)
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-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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