FM Global Logistics Holdings Bhd (XKLS:7210) Return-on-Tangible-Equity: 7.25% (As of Mar. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:7210 FM Global Logistics Holdings Bhd XKLS:7210
48 GF Score
Price RM0.59
GF Value RM0.58
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is FM Global Logistics Holdings Bhd Return-on-Tangible-Equity?

FM Global Logistics Holdings Bhd XKLS:7210 48 Return-on-Tangible-Equity is 7.25% as of Mar. 2026, which is 12% below its 10-year median of 8.28. GuruFocus rates XKLS:7210 with a GF Score™ of 48/100 and a GF Value™ of RM0.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 976 Transportation companies, FM Global Logistics Holdings Bhd ranks worse than 52.97% 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. FM Global Logistics Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM29.6 Mil. FM Global Logistics Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM408.3 Mil. Therefore, FM Global Logistics Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.25%.

The historical rank and industry rank for FM Global Logistics Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:7210' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.17   Med: 8.28   Max: 13.3
Current: 8.19

During the past 13 years, FM Global Logistics Holdings Bhd's highest Return-on-Tangible-Equity was 13.30%. The lowest was 4.17%. And the median was 8.28%.

XKLS:7210's Return-on-Tangible-Equity is ranked worse than
52.97% of 976 companies
in the Transportation industry
Industry Median: 8.87 vs XKLS:7210: 8.19

FM Global Logistics Holdings Bhd  (XKLS:7210) 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.


FM Global Logistics Holdings Bhd Return-on-Tangible-Equity Related Terms


FM Global Logistics Holdings Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for FM Global Logistics 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.

FM Global Logistics Holdings Bhd Return-on-Tangible-Equity Chart

FM Global Logistics Holdings Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 13.30 11.52 7.85 7.62

FM Global Logistics 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 6.88 7.95 8.63 8.95 7.25

XKLS:7210 vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison

For the Integrated Freight & Logistics subindustry, FM Global Logistics 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.


FM Global Logistics Holdings Bhd Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, FM Global Logistics Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FM Global Logistics Holdings Bhd's Return-on-Tangible-Equity falls into.


XKLS:7210
48GF Score
FM Global Logistics Holdings Bhd XKLS:7210
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FM Global Logistics Holdings Bhd Return-on-Tangible-Equity Calculation

FM Global Logistics Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=31.1/( (410.551+405.274 )/ 2 )
=31.1/407.9125
=7.62 %

FM Global Logistics 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 )
=29.616/( (409.19+407.333)/ 2 )
=29.616/408.2615
=7.25 %

* 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 7.25% mean?
FM Global Logistics Holdings Bhd (XKLS:7210) has a Return-on-Tangible-Equity of 7.25% 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 FM Global Logistics Holdings Bhd and its competitors. This is 12% below median its historical median of 8.28. Over the past decade, FM Global Logistics Holdings Bhd's Return-on-Tangible-Equity has ranged from 4.17 to 13.30. According to the industry distribution chart, FM Global Logistics Holdings Bhd ranks #517 out of 976 companies in the Transportation industry, placing it in the top 53%.
Is FM Global Logistics Holdings Bhd's Return-on-Tangible-Equity too high?
FM Global Logistics Holdings Bhd's current Return-on-Tangible-Equity of 7.25% is 12% below median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 13.30. The Transportation industry median Return-on-Tangible-Equity is 8.87. FM Global Logistics Holdings Bhd's value of 7.25% is 18.3% below this industry median. Based on the distribution chart, FM Global Logistics Holdings Bhd ranks #517 out of 976 companies in the Transportation industry, which is below the industry midpoint. Overall, FM Global Logistics Holdings Bhd has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FM Global Logistics Holdings Bhd's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, FM Global Logistics Holdings Bhd ranks #517 out of 976 companies for Return-on-Tangible-Equity. This places FM Global Logistics Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.87. FM Global Logistics Holdings Bhd's value of 7.25% is 18.3% below this benchmark. Historically, FM Global Logistics Holdings Bhd's own Return-on-Tangible-Equity has ranged from 4.17 to 13.30 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 8.87, FM Global Logistics Holdings Bhd has consistently been below the industry average. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.87, based on 976 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. FM Global Logistics Holdings Bhd's current Return-on-Tangible-Equity of 7.25% is 18.3% 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 FM Global Logistics Holdings Bhd and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FM Global Logistics Holdings Bhd's current Return-on-Tangible-Equity is 7.25%, which is 12% below median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FM Global Logistics Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, FM Global Logistics Holdings Bhd (XKLS:7210) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.59 — trading 1.7% above its estimated fair value. The current Return-on-Tangible-Equity is 7.25%, which is 12% below median its 10-year median of 8.28 and 18.3% below the Transportation industry median of 8.87. FM Global Logistics Holdings Bhd's overall GF Score™ is 48/100 with 7 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 FM Global Logistics Holdings Bhd (XKLS:7210), the current Return-on-Tangible-Equity is 7.25% 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 FM Global Logistics Holdings Bhd (XKLS:7210) Overvalued in 2026?

Based on GuruFocus' analysis, FM Global Logistics Holdings Bhd stock appears to be overvalued. The current stock price of RM0.59 is trading 1.7% above its estimated GF Value™ of RM0.58. GuruFocus considers FM Global Logistics Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:7210:

  • Return-on-Tangible-Equity: 7.25% (12% below median its 10-year median of 8.28)
  • GF Value™: RM0.58 vs. price of RM0.59 (1.7% above fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 18.3% below the Transportation median (#517 of 976)

No single metric tells the full story. See the XKLS:7210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FM Global Logistics Holdings Bhd Business Description

Address Kawasan Perindustrian Bandar Sultan Suleiman, Lot 37, Lebuh Sultan Mohamed 1, Port Klang, SGR, MYS, 42000
FM Global Logistics Holdings Bhd is a provider of international freight services. The company's segments include Malaysia, Australia, Indonesia, Thailand, Vietnam, India, and the United States of America, which are involved in providing integrated freight forwarding and logistics services such as sea freight, air freight, land freight, warehouse and distribution, and support services. The other operating segments comprise operations related to investment holding and provision of management services, provision of IT application solutions, support services, and trading of goods. The company derives maximum revenue from Malaysia.
48GF Score

Get the complete analysis for XKLS:7210

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

RM0.59
Price
RM0.58
GF Value