BT Wealth Industries PCLBKK:BTW-R Return-on-Tangible-Asset is -32.91% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, BT Wealth Industries PCL ranks worse than 93.62% 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. BT Wealth Industries PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿-190.0 Mil. BT Wealth Industries PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿577.3 Mil. Therefore, BT Wealth Industries PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -32.91%.
The historical rank and industry rank for BT Wealth Industries PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:BTW-R'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -57.64 Med: -3.94 Max: 6.31
Current: -20.7
During the past 12 years, BT Wealth Industries PCL's highest Return-on-Tangible-Asset was 6.31%. The lowest was -57.64%. And the median was -3.94%.
BKK:BTW-R's Return-on-Tangible-Asset is ranked worse than 93.62% of 3071
companies
in the Industrial Products industry
Industry Median: 3.24
vs BKK:BTW-R: -20.70
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.
BT Wealth Industries PCL Return-on-Tangible-Asset Related Terms
BT Wealth Industries PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BT Wealth Industries 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:BTW-R vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, BT Wealth Industries 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.
BT Wealth Industries PCL Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, BT Wealth Industries PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BT Wealth Industries 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 -32.91% mean?
BT Wealth Industries PCL (BKK:BTW-R) has a Return-on-Tangible-Asset of -32.91% 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 BT Wealth Industries PCL and its competitors. According to the industry distribution chart, BT Wealth Industries PCL ranks #2875 out of 3071 companies in the Industrial Products industry, placing it in the top 93.6%.
Is BT Wealth Industries PCL's Return-on-Tangible-Asset too high?
BT Wealth Industries PCL's current Return-on-Tangible-Asset is -32.91%. Based on the distribution chart, BT Wealth Industries PCL ranks #2875 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does BT Wealth Industries PCL's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BT Wealth Industries PCL ranks #2875 out of 3071 companies for Return-on-Tangible-Asset. This places BT Wealth Industries PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,071 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 BT Wealth Industries PCL and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Wealth Industries PCL's current Return-on-Tangible-Asset is -32.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
BT Wealth Industries PCL (BKK:BTW-R) has a current Return-on-Tangible-Asset of -32.91%. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.07 — trading 46.7% below its estimated fair value. The current Return-on-Tangible-Asset is -32.91%. 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 BT Wealth Industries PCL (BKK:BTW-R), the current Return-on-Tangible-Asset is -32.91% 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.
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BTW-R has been successfully added to your 