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88(Thailand) PCLBKK:88TH -0.51%22 Return-on-Tangible-Asset is 24.10% as of Dec. 2025, which is 39% above its 10-year median of 17.29. GuruFocus rates BKK:88TH with a GF Score™ of 22/100. Among 1,989 Consumer Packaged Goods companies, 88(Thailand) PCL ranks better than 97.84% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. 88(Thailand) PCL's annualizedNet Income for the quarter that ended in Dec. 2025 was ฿101.1 Mil. 88(Thailand) PCL's average total tangible assets for the quarter that ended in Dec. 2025 was ฿419.5 Mil. Therefore, 88(Thailand) PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 24.10%.
The historical rank and industry rank for 88(Thailand) PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:88TH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.16 Med: 17.29 Max: 27.28
Current: 27.28
During the past 4 years, 88(Thailand) PCL's highest Return-on-Tangible-Asset was 27.28%. The lowest was 7.16%. And the median was 17.29%.
BKK:88TH's Return-on-Tangible-Asset is ranked better than 97.84% of 1989
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs BKK:88TH: 27.28
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
88(Thailand) PCL Return-on-Tangible-Asset Related Terms
88(Thailand) PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for 88(Thailand) PCL's Return-on-Tangible-Asset 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.
BKK:88TH vs PG, CL, KVUE: Return-on-Tangible-Asset Comparison
For the Household & Personal Products subindustry, 88(Thailand) PCL's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
88(Thailand) PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, 88(Thailand) PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where 88(Thailand) PCL's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 24.10% mean?
88(Thailand) PCL (BKK:88TH) has a Return-on-Tangible-Asset of 24.10% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on 88(Thailand) PCL and its competitors. This is 39% above median its historical median of 17.29. Over the past decade, 88(Thailand) PCL's Return-on-Tangible-Asset has ranged from 7.16 to 27.28. According to the industry distribution chart, 88(Thailand) PCL ranks #43 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 2.2%.
Is 88(Thailand) PCL's Return-on-Tangible-Asset too high?
88(Thailand) PCL's current Return-on-Tangible-Asset of 24.10% is 39% above median its 10-year median of 17.29. Over the past 10 years, this metric has ranged from a low of 7.16 to a high of 27.28. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. 88(Thailand) PCL's value of 24.10% is 584.7% above this industry median. Based on the distribution chart, 88(Thailand) PCL ranks #43 out of 1989 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, 88(Thailand) PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does 88(Thailand) PCL's Return-on-Tangible-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, 88(Thailand) PCL ranks #43 out of 1989 companies for Return-on-Tangible-Asset. This places 88(Thailand) PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.52. 88(Thailand) PCL's value of 24.10% is 584.7% above this benchmark. Historically, 88(Thailand) PCL's own Return-on-Tangible-Asset has ranged from 7.16 to 27.28 over the past decade. While the company's 10-year median is 17.29 vs. the industry median of 3.52, 88(Thailand) PCL has consistently been above 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-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,989 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 88(Thailand) PCL's current Return-on-Tangible-Asset of 24.10% is 584.7% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on 88(Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 88(Thailand) PCL's current Return-on-Tangible-Asset is 24.10%, which is 39% above median its own 10-year median of 17.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 88(Thailand) PCL stock overvalued right now?
88(Thailand) PCL (BKK:88TH) has a current Return-on-Tangible-Asset of 24.10%. The current Return-on-Tangible-Asset is 24.10%, which is 39% above median its 10-year median of 17.29 and 584.7% above the Consumer Packaged Goods industry median of 3.52. 88(Thailand) PCL's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For 88(Thailand) PCL (BKK:88TH), the current Return-on-Tangible-Asset is 24.10% as of Dec. 2025. 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.
88(Thailand) PCL is engaged in the distribution of cosmetics and dietary supplements. Its brands include Version 88, LYO, and Hone. The company's segments include the production segment, which is the segment that produces products according to customer orders, and the distribution segment, which sells products and provides services related to the distribution of products. The majority of the revenue is derived from the distribution segment.
22GF Score
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