Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Return-on-Tangible-Equity: 4.06% (As of Mar. 2026)


XKLS:5186 Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
55 GF Score
Price RM0.34
GF Value RM0.32
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Malaysia Marine and Heavy Engineering Holdings Bhd Return-on-Tangible-Equity?

Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186 +1.52% 55 Return-on-Tangible-Equity is 4.06% as of Mar. 2026. GuruFocus rates XKLS:5186 with a GF Score™ of 55/100 and a GF Value™ of RM0.32 (Fairly Valued). The stock has 4 warning signs investors should review. Among 942 Oil & Gas companies, Malaysia Marine and Heavy Engineering Holdings Bhd ranks better than 52.23% 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. Malaysia Marine and Heavy Engineering Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM57 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM1,409 Mil. Therefore, Malaysia Marine and Heavy Engineering Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.06%.

The historical rank and industry rank for Malaysia Marine and Heavy Engineering Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:5186' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -36.51   Med: -3.48   Max: 10.63
Current: 7.43

During the past 13 years, Malaysia Marine and Heavy Engineering Holdings Bhd's highest Return-on-Tangible-Equity was 10.63%. The lowest was -36.51%. And the median was -3.48%.

XKLS:5186's Return-on-Tangible-Equity is ranked better than
52.23% of 942 companies
in the Oil & Gas industry
Industry Median: 6.73 vs XKLS:5186: 7.43

Malaysia Marine and Heavy Engineering Holdings Bhd  (XKLS:5186) 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Return-on-Tangible-Equity Related Terms


Malaysia Marine and Heavy Engineering Holdings Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Return-on-Tangible-Equity Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.61 4.40 -36.51 10.63 8.18

Malaysia Marine and Heavy Engineering Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.78 2.87 7.92 15.20 4.06

XKLS:5186 vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering Holdings 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Return-on-Tangible-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Malaysia Marine and Heavy Engineering Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Return-on-Tangible-Equity falls into.


XKLS:5186
55GF Score
Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malaysia Marine and Heavy Engineering Holdings Bhd Return-on-Tangible-Equity Calculation

Malaysia Marine and Heavy Engineering Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=102.856/( (1198.703+1315.047 )/ 2 )
=102.856/1256.875
=8.18 %

Malaysia Marine and Heavy Engineering Holdings 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 )
=57.172/( (1315.047+1502.937)/ 2 )
=57.172/1408.992
=4.06 %

* 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 4.06% mean?
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Return-on-Tangible-Equity of 4.06% 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #450 out of 942 companies in the Oil & Gas industry, placing it in the top 47.8%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Return-on-Tangible-Equity too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Return-on-Tangible-Equity is 4.06%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 4.06% is 39.7% below this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #450 out of 942 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #450 out of 942 companies for Return-on-Tangible-Equity. This puts Malaysia Marine and Heavy Engineering Holdings Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 4.06% is 39.7% 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 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Return-on-Tangible-Equity of 4.06% is 39.7% 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 Malaysia Marine and Heavy Engineering Holdings 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Return-on-Tangible-Equity is 4.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Fairly Valued. The stock's GF Value™ is RM0.32, compared to a current price of RM0.34 — trading 4.7% above its estimated fair value. The current Return-on-Tangible-Equity is 4.06% and 39.7% below the Oil & Gas industry median of 6.73. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 55/100 with 4 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Return-on-Tangible-Equity is 4.06% 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued. The current stock price of RM0.34 is trading 4.7% above its estimated GF Value™ of RM0.32. GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:5186:

  • Return-on-Tangible-Equity: 4.06%
  • GF Value™: RM0.32 vs. price of RM0.34 (4.7% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 39.7% below the Oil & Gas median (#450 of 942)

No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysia Marine and Heavy Engineering Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
55GF Score

Get the complete analysis for XKLS:5186

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.34
Price
RM0.32
GF Value