BTM Resources Bhd (XKLS:7188) Return-on-Tangible-Equity: -6.96% (As of Mar. 2026)


What is BTM Resources Bhd Return-on-Tangible-Equity?

BTM Resources Bhd XKLS:7188 Return-on-Tangible-Equity is -6.96% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 280 Forest Products companies, BTM Resources Bhd ranks worse than 71.43% 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. BTM Resources Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-3.68 Mil. BTM Resources Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM52.88 Mil. Therefore, BTM Resources Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.96%.

The historical rank and industry rank for BTM Resources Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:7188' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.93   Med: -22.01   Max: 1.57
Current: -3.46

During the past 13 years, BTM Resources Bhd's highest Return-on-Tangible-Equity was 1.57%. The lowest was -51.93%. And the median was -22.01%.

XKLS:7188's Return-on-Tangible-Equity is ranked worse than
71.43% of 280 companies
in the Forest Products industry
Industry Median: 2.2 vs XKLS:7188: -3.46

BTM Resources Bhd  (XKLS:7188) 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.


BTM Resources Bhd Return-on-Tangible-Equity Related Terms


BTM Resources Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for BTM Resources 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.

BTM Resources Bhd Return-on-Tangible-Equity Chart

BTM Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.23 -18.78 -29.62 -51.93 -47.14

BTM Resources Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 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 -9.44 -13.81 -12.81 -7.07 -6.96

XKLS:7188 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, BTM 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.


BTM Resources Bhd Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, BTM Resources Bhd's Return-on-Tangible-Equity distribution charts can be found below:

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



BTM Resources Bhd Return-on-Tangible-Equity Calculation

BTM Resources Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-19.949/( (11.016+73.615 )/ 2 )
=-19.949/42.3155
=-47.14 %

BTM Resources 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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-3.68/( (54.069+51.681)/ 2 )
=-3.68/52.875
=-6.96 %

* 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 -6.96% mean?
BTM Resources Bhd (XKLS:7188) has a Return-on-Tangible-Equity of -6.96% 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 BTM Resources Bhd and its competitors. According to the industry distribution chart, BTM Resources Bhd ranks #200 out of 280 companies in the Forest Products industry, placing it in the top 71.4%.
Is BTM Resources Bhd's Return-on-Tangible-Equity too high?
BTM Resources Bhd's current Return-on-Tangible-Equity is -6.96%. Based on the distribution chart, BTM Resources Bhd ranks #200 out of 280 companies in the Forest Products industry, which is below the industry midpoint.
How does BTM Resources Bhd's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, BTM Resources Bhd ranks #200 out of 280 companies for Return-on-Tangible-Equity. This places BTM Resources Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.20. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 280 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 BTM Resources Bhd and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTM Resources Bhd's current Return-on-Tangible-Equity is -6.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTM Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, BTM Resources Bhd (XKLS:7188) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.04 — trading 75% above its estimated fair value. The current Return-on-Tangible-Equity is -6.96%. 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 BTM Resources Bhd (XKLS:7188), the current Return-on-Tangible-Equity is -6.96% 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.

BTM Resources Bhd Business Description

Address Jalan PJU 1/41, No. 35-4, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
BTM Resources Bhd is a Malaysian investment holding company. The principal activities of the company consist of investment holding and the provision of management services. It is engaged in the business of logging, sawmilling, trading in sawn timbers, plywood and logs, timber molding and manufacturing of finger-jointed timber and lamination boards and letting of plant and machinery. The company operates in Malaysia, Australia, Korea, USA and Singapore, of which it generates a majority of the revenue from Malaysia.