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CP Axtra PCLBKK:CPAXT 45 Return-on-Tangible-Asset is 3.24% as of Dec. 2025, which is 45% below its 10-year median of 5.84. GuruFocus rates BKK:CPAXT with a GF Score™ of 45/100. The stock has 6 warning signs investors should review. Among 314 Retail - Defensive companies, CP Axtra PCL ranks worse than 57.64% 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. CP Axtra PCL's annualizedNet Income for the quarter that ended in Dec. 2025 was ฿10,252 Mil. CP Axtra PCL's average total tangible assets for the quarter that ended in Dec. 2025 was ฿316,130 Mil. Therefore, CP Axtra PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.24%.
The historical rank and industry rank for CP Axtra PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:CPAXT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.44 Med: 5.84 Max: 12.12
Current: 3.06
During the past 13 years, CP Axtra PCL's highest Return-on-Tangible-Asset was 12.12%. The lowest was 2.44%. And the median was 5.84%.
BKK:CPAXT's Return-on-Tangible-Asset is ranked worse than 57.64% of 314
companies
in the Retail - Defensive industry
Industry Median: 3.855
vs BKK:CPAXT: 3.06
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.
CP Axtra PCL Return-on-Tangible-Asset Related Terms
CP Axtra PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CP Axtra 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:CPAXT vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, CP Axtra 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.
CP Axtra PCL Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CP Axtra PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CP Axtra 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.24% mean?
CP Axtra PCL (BKK:CPAXT) has a Return-on-Tangible-Asset of 3.24% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CP Axtra PCL and its competitors. This is 45% below median its historical median of 5.84. Over the past decade, CP Axtra PCL's Return-on-Tangible-Asset has ranged from 2.44 to 12.12. According to the industry distribution chart, CP Axtra PCL ranks #181 out of 314 companies in the Retail - Defensive industry, placing it in the top 57.6%.
Is CP Axtra PCL's Return-on-Tangible-Asset too high?
CP Axtra PCL's current Return-on-Tangible-Asset of 3.24% is 45% below median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 12.12. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.86. CP Axtra PCL's value of 3.24% is 16% below this industry median. Based on the distribution chart, CP Axtra PCL ranks #181 out of 314 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, CP Axtra PCL has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does CP Axtra PCL's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, CP Axtra PCL ranks #181 out of 314 companies for Return-on-Tangible-Asset. This places CP Axtra PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.86. CP Axtra PCL's value of 3.24% is 16% below this benchmark. Historically, CP Axtra PCL's own Return-on-Tangible-Asset has ranged from 2.44 to 12.12 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 3.86, CP Axtra 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.86, based on 314 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. CP Axtra PCL's current Return-on-Tangible-Asset of 3.24% is 16% 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 CP Axtra PCL and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CP Axtra PCL's current Return-on-Tangible-Asset is 3.24%, which is 45% below median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CP Axtra PCL stock overvalued right now?
CP Axtra PCL (BKK:CPAXT) has a current Return-on-Tangible-Asset of 3.24%. The current Return-on-Tangible-Asset is 3.24%, which is 45% below median its 10-year median of 5.84 and 16% below the Retail - Defensive industry median of 3.86. CP Axtra PCL's overall GF Score™ is 45/100 with 6 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 CP Axtra PCL (BKK:CPAXT), the current Return-on-Tangible-Asset is 3.24% as of Dec. 2025. 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.
CP Axtra PCL operates Makro brand stores and frozen food shops across Thailand. The company conducts its business through three segments: Wholesale, Retail, and Mall. Its operations consist of the sale of goods through wholesale, retail, and mall businesses, as well as the rendering of services related to those businesses. The majority of the company's revenue is generated from the Wholesale segment. The company operates in Thailand, Malaysia, and other markets, with the majority of its revenue coming from Thailand.
45GF Score
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