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ARIP PCLBKK:ARIP +2.13%54 Return-on-Tangible-Asset is 2.81% as of Mar. 2026, which is 50% above its 10-year median of 1.87. GuruFocus rates BKK:ARIP with a GF Score™ of 54/100 and a GF Value™ of ฿0.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,095 Business Services companies, ARIP PCL ranks better than 50.59% 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. ARIP PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿7.8 Mil. ARIP PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿279.1 Mil. Therefore, ARIP PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.81%.
The historical rank and industry rank for ARIP PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:ARIP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.59 Med: 1.87 Max: 4.86
Current: 4.03
During the past 13 years, ARIP PCL's highest Return-on-Tangible-Asset was 4.86%. The lowest was 0.59%. And the median was 1.87%.
BKK:ARIP's Return-on-Tangible-Asset is ranked better than 50.59% of 1095
companies
in the Business Services industry
Industry Median: 3.97
vs BKK:ARIP: 4.03
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.
ARIP PCL Return-on-Tangible-Asset Related Terms
ARIP PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ARIP 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:ARIP vs CTAS, CPRT, ULS: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, ARIP 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.
ARIP PCL Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, ARIP PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ARIP 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 2.81% mean?
ARIP PCL (BKK:ARIP) has a Return-on-Tangible-Asset of 2.81% 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 ARIP PCL and its competitors. This is 50% above median its historical median of 1.87. Over the past decade, ARIP PCL's Return-on-Tangible-Asset has ranged from 0.59 to 4.86. According to the industry distribution chart, ARIP PCL ranks #541 out of 1095 companies in the Business Services industry, placing it in the top 49.4%.
Is ARIP PCL's Return-on-Tangible-Asset too high?
ARIP PCL's current Return-on-Tangible-Asset of 2.81% is 50% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 4.86. The Business Services industry median Return-on-Tangible-Asset is 3.97. ARIP PCL's value of 2.81% is 29.2% below this industry median. Based on the distribution chart, ARIP PCL ranks #541 out of 1095 companies in the Business Services industry, which is above the industry midpoint. Overall, ARIP PCL has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ARIP PCL's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, ARIP PCL ranks #541 out of 1095 companies for Return-on-Tangible-Asset. This puts ARIP PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.97. ARIP PCL's value of 2.81% is 29.2% below this benchmark. Historically, ARIP PCL's own Return-on-Tangible-Asset has ranged from 0.59 to 4.86 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 3.97, ARIP PCL has consistently been below 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.97, based on 1,095 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. ARIP PCL's current Return-on-Tangible-Asset of 2.81% is 29.2% below 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 ARIP PCL and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARIP PCL's current Return-on-Tangible-Asset is 2.81%, which is 50% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARIP PCL stock overvalued right now?
Based on GuruFocus' analysis, ARIP PCL (BKK:ARIP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.59, compared to a current price of ฿0.48 — trading 18.6% below its estimated fair value. The current Return-on-Tangible-Asset is 2.81%, which is 50% above median its 10-year median of 1.87 and 29.2% below the Business Services industry median of 3.97. ARIP PCL's overall GF Score™ is 54/100 with 4 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 ARIP PCL (BKK:ARIP), the current Return-on-Tangible-Asset is 2.81% 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 ARIP PCL (BKK:ARIP) Overvalued in 2026?
Based on GuruFocus' analysis, ARIP PCL stock appears to be undervalued.
The current stock price of ฿0.48 is trading 18.6% below its estimated GF Value™ of ฿0.59.
GuruFocus considers ARIP PCL to be Modestly Undervalued.
Key valuation signals for BKK:ARIP:
Return-on-Tangible-Asset: 2.81% (50% above median its 10-year median of 1.87)
GF Value™: ฿0.59 vs. price of ฿0.48 (18.6% below fair value)
Industry Position: 29.2% below the Business Services median (#541 of 1095)
No single metric tells the full story. See the BKK:ARIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ARIP PCL is principally engaged in the management of events and marketing activities, the production and distribution of information technology-related publications, and the placement of advertisements. The company is organized into business units based on its products and services and has three reportable segments as follows: Media and contents, Management of Events, and Digital service. The majority of revenue is from the Digital service segment. Geographically, it mainly operates in Thailand.
54GF Score
Get the complete analysis for BKK:ARIP
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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