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Asia Green Energy PCLBKK:AGE +2.29%71 Return-on-Tangible-Asset is 4.76% as of Mar. 2026, which is 19% above its 10-year median of 4.00. GuruFocus rates BKK:AGE with a GF Score™ of 71/100 and a GF Value™ of ฿1.24 (Fairly Valued). The stock has 6 warning signs investors should review. Among 185 Other Energy Sources companies, Asia Green Energy PCL ranks better than 72.43% 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. Asia Green Energy PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿410 Mil. Asia Green Energy PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿8,607 Mil. Therefore, Asia Green Energy PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.76%.
The historical rank and industry rank for Asia Green Energy PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:AGE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.47 Med: 4 Max: 14.01
Current: 4.15
During the past 13 years, Asia Green Energy PCL's highest Return-on-Tangible-Asset was 14.01%. The lowest was -2.47%. And the median was 4.00%.
BKK:AGE's Return-on-Tangible-Asset is ranked better than 72.43% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.51
vs BKK:AGE: 4.15
Asia Green Energy PCL (BKK:AGE) 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.
Asia Green Energy PCL Return-on-Tangible-Asset Related Terms
Asia Green Energy PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asia Green Energy 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.
Asia Green Energy PCL Return-on-Tangible-Asset Chart
BKK:AGE vs CNR: Return-on-Tangible-Asset Comparison
For the Thermal Coal subindustry, Asia Green Energy 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.
Asia Green Energy PCL Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Asia Green Energy PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asia Green Energy 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 4.76% mean?
Asia Green Energy PCL (BKK:AGE) has a Return-on-Tangible-Asset of 4.76% 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 Asia Green Energy PCL and its competitors. This is 19% above median its historical median of 4.00. According to the industry distribution chart, Asia Green Energy PCL ranks #51 out of 185 companies in the Other Energy Sources industry, placing it in the top 27.6%.
Is Asia Green Energy PCL's Return-on-Tangible-Asset too high?
Asia Green Energy PCL's current Return-on-Tangible-Asset of 4.76% is 19% above median its 10-year median of 4.00. Based on the distribution chart, Asia Green Energy PCL ranks #51 out of 185 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Asia Green Energy PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Green Energy PCL's Return-on-Tangible-Asset compare to CNR?
According to the Other Energy Sources industry distribution chart, Asia Green Energy PCL ranks #51 out of 185 companies for Return-on-Tangible-Asset. This puts Asia Green Energy PCL in the upper half of its industry. 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 an Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources industry context. 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 Asia Green Energy PCL and its competitors. Asia Green Energy PCL's current Return-on-Tangible-Asset is 4.76%, which is 19% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Green Energy PCL (BKK:AGE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.24, compared to a current price of ฿1.34 — trading 8.1% above its estimated fair value. The current Return-on-Tangible-Asset is 4.76%, which is 19% above median its 10-year median of 4.00. Asia Green Energy PCL's overall GF Score™ is 71/100 with 6 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 Asia Green Energy PCL (BKK:AGE), the current Return-on-Tangible-Asset is 4.76% 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 Asia Green Energy PCL (BKK:AGE) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Green Energy PCL stock appears to be overvalued.
The current stock price of ฿1.34 is trading 8.1% above its estimated GF Value™ of ฿1.24.
GuruFocus considers Asia Green Energy PCL to be Fairly Valued.
Key valuation signals for BKK:AGE:
Return-on-Tangible-Asset: 4.76% (19% above median its 10-year median of 4.00)
GF Value™: ฿1.24 vs. price of ฿1.34 (8.1% above fair value)
No single metric tells the full story. See the BKK:AGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has four segments, Related Coal business; Smart Logistic business; Sustainable Energy business; and Diversified Investment businesses. The company earns maximum revenue from the Related Coal business.
71GF Score
Get the complete analysis for BKK:AGE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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