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Asia Sermkij Leasing PCLBKK:ASK -0.82%52 Return-on-Tangible-Asset is 1.33% as of Mar. 2026, which is 41% below its 10-year median of 2.25. GuruFocus rates BKK:ASK with a GF Score™ of 52/100 and a GF Value™ of ฿1,324.32 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 546 Credit Services companies, Asia Sermkij Leasing PCL ranks worse than 63.19% 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 Sermkij Leasing PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿806 Mil. Asia Sermkij Leasing PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿60,587 Mil. Therefore, Asia Sermkij Leasing PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.33%.
The historical rank and industry rank for Asia Sermkij Leasing PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:ASK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.44 Med: 2.25 Max: 2.4
Current: 0.91
During the past 13 years, Asia Sermkij Leasing PCL's highest Return-on-Tangible-Asset was 2.40%. The lowest was 0.44%. And the median was 2.25%.
BKK:ASK's Return-on-Tangible-Asset is ranked worse than 63.19% of 546
companies
in the Credit Services industry
Industry Median: 1.93
vs BKK:ASK: 0.91
Asia Sermkij Leasing PCL (BKK:ASK) 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 Sermkij Leasing PCL Return-on-Tangible-Asset Related Terms
Asia Sermkij Leasing PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asia Sermkij Leasing 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 Sermkij Leasing PCL Return-on-Tangible-Asset Chart
BKK:ASK vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Asia Sermkij Leasing 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 Sermkij Leasing PCL Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Asia Sermkij Leasing PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asia Sermkij Leasing 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 1.33% mean?
Asia Sermkij Leasing PCL (BKK:ASK) has a Return-on-Tangible-Asset of 1.33% 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 Sermkij Leasing PCL and its competitors. This is 41% below median its historical median of 2.25. Over the past decade, Asia Sermkij Leasing PCL's Return-on-Tangible-Asset has ranged from 0.44 to 2.40. According to the industry distribution chart, Asia Sermkij Leasing PCL ranks #345 out of 546 companies in the Credit Services industry, placing it in the top 63.2%.
Is Asia Sermkij Leasing PCL's Return-on-Tangible-Asset too high?
Asia Sermkij Leasing PCL's current Return-on-Tangible-Asset of 1.33% is 41% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.40. The Credit Services industry median Return-on-Tangible-Asset is 1.93. Asia Sermkij Leasing PCL's value of 1.33% is 31.1% below this industry median. Based on the distribution chart, Asia Sermkij Leasing PCL ranks #345 out of 546 companies in the Credit Services industry, which is below the industry midpoint. Overall, Asia Sermkij Leasing PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Sermkij Leasing PCL's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Asia Sermkij Leasing PCL ranks #345 out of 546 companies for Return-on-Tangible-Asset. This places Asia Sermkij Leasing PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.93. Asia Sermkij Leasing PCL's value of 1.33% is 31.1% below this benchmark. Historically, Asia Sermkij Leasing PCL's own Return-on-Tangible-Asset has ranged from 0.44 to 2.40 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.93, Asia Sermkij Leasing 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.93, based on 546 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 Sermkij Leasing PCL's current Return-on-Tangible-Asset of 1.33% is 31.1% 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 Asia Sermkij Leasing PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Sermkij Leasing PCL's current Return-on-Tangible-Asset is 1.33%, which is 41% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Sermkij Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL (BKK:ASK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1,324.32, compared to a current price of ฿12.10 — trading 99.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.33%, which is 41% below median its 10-year median of 2.25 and 31.1% below the Credit Services industry median of 1.93. Asia Sermkij Leasing PCL's overall GF Score™ is 52/100 with 8 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 Sermkij Leasing PCL (BKK:ASK), the current Return-on-Tangible-Asset is 1.33% 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 Sermkij Leasing PCL (BKK:ASK) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL stock appears to be undervalued.
The current stock price of ฿12.10 is trading 99.1% below its estimated GF Value™ of ฿1,324.32.
GuruFocus considers Asia Sermkij Leasing PCL to be Possible Value Trap.
Key valuation signals for BKK:ASK:
Return-on-Tangible-Asset: 1.33% (41% below median its 10-year median of 2.25)
GF Value™: ฿1,324.32 vs. price of ฿12.10 (99.1% below fair value)
Industry Position: 31.1% below the Credit Services median (#345 of 546)
No single metric tells the full story. See the BKK:ASK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Sermkij Leasing PCL operates a hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and the metropolitan area. Subsequently, the company has expanded its business into used car hire purchases, personal loans, and floor plan financing, as well as other services such as auto registration, tax renewal, and insurance services. The company has reportable operating segments: Hire purchase, Leasing, Loan, and Insurance broker. The majority of its revenue is generated from the Hire purchase segment, which provides auto and machine hire purchase services for consumers and commercial customers.
52GF Score
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