Asian Palm Oil PCL (BKK:APO) Return-on-Tangible-Asset: -11.53% (As of Mar. 2026)

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.

BKK:APO Asian Palm Oil PCL BKK:APO
20 GF Score
Price ฿2.12
! 3 Warning Signs
View Full Analysis

What is Asian Palm Oil PCL Return-on-Tangible-Asset?

Asian Palm Oil PCL BKK:APO -0.93% 20 Return-on-Tangible-Asset is -11.53% as of Mar. 2026. GuruFocus rates BKK:APO with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Asian Palm Oil PCL ranks better than 98.25% 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. Asian Palm Oil PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿-63 Mil. Asian Palm Oil PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿547 Mil. Therefore, Asian Palm Oil PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -11.53%.

The historical rank and industry rank for Asian Palm Oil PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:APO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.87   Med: 17.5   Max: 34
Current: 30.21

During the past 4 years, Asian Palm Oil PCL's highest Return-on-Tangible-Asset was 34.00%. The lowest was 3.87%. And the median was 17.50%.

BKK:APO's Return-on-Tangible-Asset is ranked better than
98.25% of 1996 companies
in the Consumer Packaged Goods industry
Industry Median: 3.5 vs BKK:APO: 30.21

Asian Palm Oil PCL  (BKK:APO) 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.


Asian Palm Oil PCL Return-on-Tangible-Asset Related Terms


Asian Palm Oil PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Asian Palm Oil 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.

Asian Palm Oil PCL Return-on-Tangible-Asset Chart

Asian Palm Oil PCL Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
8.27 3.87 26.72 34.00

Asian Palm Oil PCL Quarterly Data
Dec22 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 -10.20 102.41 34.41 -6.45 -11.53

BKK:APO vs KHC, GIS: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Asian Palm Oil 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.


Asian Palm Oil PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Palm Oil PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Asian Palm Oil PCL's Return-on-Tangible-Asset falls into.


BKK:APO
20GF Score
Asian Palm Oil PCL BKK:APO
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Palm Oil PCL Return-on-Tangible-Asset Calculation

Asian Palm Oil 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 )
=171.658/( (471.698+538.049)/ 2 )
=171.658/504.8735
=34.00 %

Asian Palm Oil 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 )
=-63.064/( (538.049+556.229)/ 2 )
=-63.064/547.139
=-11.53 %

* 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 -11.53% mean?
Asian Palm Oil PCL (BKK:APO) has a Return-on-Tangible-Asset of -11.53% 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 Asian Palm Oil PCL and its competitors. Over the past decade, Asian Palm Oil PCL's Return-on-Tangible-Asset has ranged from 3.87 to 34.00. According to the industry distribution chart, Asian Palm Oil PCL ranks #35 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 1.8%.
Is Asian Palm Oil PCL's Return-on-Tangible-Asset too high?
Asian Palm Oil PCL's current Return-on-Tangible-Asset is -11.53%. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 34.00. Based on the distribution chart, Asian Palm Oil PCL ranks #35 out of 1996 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Asian Palm Oil PCL has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Asian Palm Oil PCL's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Asian Palm Oil PCL ranks #35 out of 1996 companies for Return-on-Tangible-Asset. This places Asian Palm Oil PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. Historically, Asian Palm Oil PCL's own Return-on-Tangible-Asset has ranged from 3.87 to 34.00 over the past decade. 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 3.50, based on 1,996 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 Asian Palm Oil PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Palm Oil PCL's current Return-on-Tangible-Asset is -11.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Palm Oil PCL stock overvalued right now?
Asian Palm Oil PCL (BKK:APO) has a current Return-on-Tangible-Asset of -11.53%. The current Return-on-Tangible-Asset is -11.53%. Asian Palm Oil PCL's overall GF Score™ is 20/100 with 3 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 Asian Palm Oil PCL (BKK:APO), the current Return-on-Tangible-Asset is -11.53% 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.

Asian Palm Oil PCL Business Description

Address 99, Moo 2, Ao Luek Tai Sub-District, Ao Luek District, Krabi, THA, 81110
Asian Palm Oil PCL is engaged in the business of manufacturing and selling palm oil, dried palm kernel, and electricity. Geographically, the company operates only in Thailand.
20GF Score

Get the complete analysis for BKK:APO

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

฿2.12
Price