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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. Asset Five Group PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿-47 Mil. Asset Five Group PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿3,675 Mil. Therefore, Asset Five Group PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.29%.
The historical rank and industry rank for Asset Five Group PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:A5'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.15 Med: 4.3 Max: 23.9
Current: 1.55
During the past 13 years, Asset Five Group PCL's highest Return-on-Tangible-Asset was 23.90%. The lowest was -18.15%. And the median was 4.30%.
BKK:A5's Return-on-Tangible-Asset is ranked worse than 52.91% of 1803
companies
in the Real Estate industry
Industry Median: 1.9
vs BKK:A5: 1.55
Asset Five Group PCL (BKK:A5) Return-on-Tangible-Asset Explanation
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.
Asset Five Group PCL Return-on-Tangible-Asset Related Terms
Asset Five Group PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asset Five Group 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.
Asset Five Group PCL Return-on-Tangible-Asset Chart
Asset Five Group PCL Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Asset Five Group 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.
Asset Five Group PCL Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Asset Five Group PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asset Five Group 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -1.29% mean?
Asset Five Group PCL (BKK:A5) has a Return-on-Tangible-Asset of -1.29% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Asset Five Group PCL and its competitors. According to the industry distribution chart, Asset Five Group PCL ranks #954 out of 1803 companies in the Real Estate industry, placing it in the top 52.9%.
Is Asset Five Group PCL's Return-on-Tangible-Asset too high?
Asset Five Group PCL's current Return-on-Tangible-Asset is -1.29%. Based on the distribution chart, Asset Five Group PCL ranks #954 out of 1803 companies in the Real Estate industry, which is below the industry midpoint. Overall, Asset Five Group PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asset Five Group PCL's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Asset Five Group PCL ranks #954 out of 1803 companies for Return-on-Tangible-Asset. This places Asset Five Group PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.90. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.90, based on 1,803 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. 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 Asset Five Group PCL and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Five Group PCL's current Return-on-Tangible-Asset is -1.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Five Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Asset Five Group PCL (BKK:A5) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.00, compared to a current price of ฿1.81 — trading 9.5% below its estimated fair value. The current Return-on-Tangible-Asset is -1.29%. Asset Five Group PCL's overall GF Score™ is 76/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Asset Five Group PCL (BKK:A5), the current Return-on-Tangible-Asset is -1.29% 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 Asset Five Group PCL (BKK:A5) Overvalued in 2026?
Based on GuruFocus' analysis, Asset Five Group PCL stock appears to be undervalued.
The current stock price of ฿1.81 is trading 9.5% below its estimated GF Value™ of ฿2.00.
GuruFocus considers Asset Five Group PCL to be Fairly Valued.
Key valuation signals for BKK:A5:
Return-on-Tangible-Asset: -1.29%
GF Value™: ฿2.00 vs. price of ฿1.81 (9.5% below fair value)
No single metric tells the full story. See the BKK:A5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asset Five Group PCL operates as a holding company. The firm is engaged in real estate development. It generates revenue from the sales of houses and sales of condominiums, of which key revenue is derived from the sales of houses. The Group is involved virtually in real estate development for sales business, and to provide services related to the real estate development business for sale in the form of interior, decoration, and renovation contracts. The group's operations are located in Thailand.
76GF Score
Get the complete analysis for BKK:A5
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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