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.
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.
Charoong Thai Wire & Cable PCLBKK:CTW -1.59%49 Return-on-Tangible-Asset is 4.62% as of Mar. 2026, which is 157% above its 10-year median of 1.80. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,077 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks better than 54.7% on this metric.
The historical rank and industry rank for Charoong Thai Wire & Cable PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:CTW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.77 Med: 1.8 Max: 5.56
Current: 3.93
During the past 13 years, Charoong Thai Wire & Cable PCL's highest Return-on-Tangible-Asset was 5.56%. The lowest was -6.77%. And the median was 1.80%.
BKK:CTW's Return-on-Tangible-Asset is ranked better than 54.7% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs BKK:CTW: 3.93
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.
Charoong Thai Wire & Cable PCL Return-on-Tangible-Asset Related Terms
Charoong Thai Wire & Cable PCL Return-on-Tangible-Asset Historical Data
* 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:CTW vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Charoong Thai Wire & Cable 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 4.62% mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Return-on-Tangible-Asset of 4.62% 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 Charoong Thai Wire & Cable PCL and its competitors. This is 157% above median its historical median of 1.80. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1394 out of 3077 companies in the Industrial Products industry, placing it in the top 45.3%.
Is Charoong Thai Wire & Cable PCL's Return-on-Tangible-Asset too high?
Charoong Thai Wire & Cable PCL's current Return-on-Tangible-Asset of 4.62% is 157% above median its 10-year median of 1.80. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Charoong Thai Wire & Cable PCL's value of 4.62% is 41.7% above this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #1394 out of 3077 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1394 out of 3077 companies for Return-on-Tangible-Asset. This puts Charoong Thai Wire & Cable PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Charoong Thai Wire & Cable PCL's value of 4.62% is 41.7% above this benchmark. While the company's 10-year median is 1.80 vs. the industry median of 3.26, Charoong Thai Wire & Cable PCL has consistently been above 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,077 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. Charoong Thai Wire & Cable PCL's current Return-on-Tangible-Asset of 4.62% is 41.7% above 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Return-on-Tangible-Asset is 4.62%, which is 157% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.20 — trading 57% above its estimated fair value. The current Return-on-Tangible-Asset is 4.62%, which is 157% above median its 10-year median of 1.80 and 41.7% above the Industrial Products industry median of 3.26. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 with 5 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Return-on-Tangible-Asset is 4.62% 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued.
The current stock price of ฿6.20 is trading 57% above its estimated GF Value™ of ฿3.95.
GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.
Key valuation signals for BKK:CTW:
Return-on-Tangible-Asset: 4.62% (157% above median its 10-year median of 1.80)
GF Value™: ฿3.95 vs. price of ฿6.20 (57% above fair value)
Industry Position: 41.7% above the Industrial Products median (#1394 of 3077)
No single metric tells the full story. See the BKK:CTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score
Get the complete analysis for BKK:CTW
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:CTW has been successfully added to your 
