Asia Network International PCL (BKK:ANI) Return-on-Tangible-Asset: 23.61% (As of Mar. 2026) — 23% Below Median

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BKK:ANI Asia Network International PCL BKK:ANI
19 GF Score
Price ฿3.06
! 2 Warning Signs
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What is Asia Network International PCL Return-on-Tangible-Asset?

Asia Network International PCL BKK:ANI +3.38% 19 Return-on-Tangible-Asset is 23.61% as of Mar. 2026, which is 23% below its 10-year median of 30.52. GuruFocus rates BKK:ANI with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,010 Transportation companies, Asia Network International PCL ranks better than 98.51% 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 Network International PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿454 Mil. Asia Network International PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿1,923 Mil. Therefore, Asia Network International PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 23.61%.

The historical rank and industry rank for Asia Network International PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:ANI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.45   Med: 30.52   Max: 61.77
Current: 28.06

During the past 5 years, Asia Network International PCL's highest Return-on-Tangible-Asset was 61.77%. The lowest was 8.45%. And the median was 30.52%.

BKK:ANI's Return-on-Tangible-Asset is ranked better than
98.51% of 1010 companies
in the Transportation industry
Industry Median: 3.76 vs BKK:ANI: 28.06

Asia Network International PCL  (BKK:ANI) 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 company’s 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 company’s 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 Network International PCL Return-on-Tangible-Asset Related Terms


Asia Network International PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Asia Network International 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 Network International PCL Return-on-Tangible-Asset Chart

Asia Network International PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
8.45 61.77 36.37 30.52 28.81

Asia Network International PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 27.27 27.56 29.22 31.89 23.61

BKK:ANI vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison

For the Integrated Freight & Logistics subindustry, Asia Network International 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 Network International PCL Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Asia Network International PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Asia Network International PCL's Return-on-Tangible-Asset falls into.


BKK:ANI
19GF Score
Asia Network International PCL BKK:ANI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Network International PCL Return-on-Tangible-Asset Calculation

Asia Network International PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=573.239/( (2122.041+1857.29)/ 2 )
=573.239/1989.6655
=28.81 %

Asia Network International PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=453.96/( (1857.29+1988.697)/ 2 )
=453.96/1922.9935
=23.61 %

* 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 23.61% mean?
Asia Network International PCL (BKK:ANI) has a Return-on-Tangible-Asset of 23.61% 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 Network International PCL and its competitors. This is 23% below median its historical median of 30.52. Over the past decade, Asia Network International PCL's Return-on-Tangible-Asset has ranged from 8.45 to 61.77. According to the industry distribution chart, Asia Network International PCL ranks #15 out of 1010 companies in the Transportation industry, placing it in the top 1.5%.
Is Asia Network International PCL's Return-on-Tangible-Asset too high?
Asia Network International PCL's current Return-on-Tangible-Asset of 23.61% is 23% below median its 10-year median of 30.52. Over the past 10 years, this metric has ranged from a low of 8.45 to a high of 61.77. The Transportation industry median Return-on-Tangible-Asset is 3.76. Asia Network International PCL's value of 23.61% is 527.9% above this industry median. Based on the distribution chart, Asia Network International PCL ranks #15 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Network International PCL has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Asia Network International PCL's Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Asia Network International PCL ranks #15 out of 1010 companies for Return-on-Tangible-Asset. This places Asia Network International PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.76. Asia Network International PCL's value of 23.61% is 527.9% above this benchmark. Historically, Asia Network International PCL's own Return-on-Tangible-Asset has ranged from 8.45 to 61.77 over the past decade. While the company's 10-year median is 30.52 vs. the industry median of 3.76, Asia Network International 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,010 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. Asia Network International PCL's current Return-on-Tangible-Asset of 23.61% is 527.9% 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 Asia Network International PCL and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Network International PCL's current Return-on-Tangible-Asset is 23.61%, which is 23% below median its own 10-year median of 30.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Network International PCL stock overvalued right now?
Asia Network International PCL (BKK:ANI) has a current Return-on-Tangible-Asset of 23.61%. The current Return-on-Tangible-Asset is 23.61%, which is 23% below median its 10-year median of 30.52 and 527.9% above the Transportation industry median of 3.76. Asia Network International PCL's overall GF Score™ is 19/100 with 2 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 Network International PCL (BKK:ANI), the current Return-on-Tangible-Asset is 23.61% 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.

Asia Network International PCL Business Description

Address Soi Klab Chom, Nonsee Road, No. 628, Triple I Building, 6th Floor, Chongnonsee, Yannawa, Bangkok, THA, 10120
Asia Network International PCL is a holding company with core business in Cargo General Sales and Services Agent or Cargo GSSA for reputable airlines in eight countries and special administrative regions around Southeast Asia. The company's operations are to provide air-cargo logistics services to domestic and international customers.
19GF Score

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

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