The historical rank and industry rank for Eastern Technical Engineering PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:ETE-R'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.35 Med: 1.38 Max: 3.22
Current: -0.63
During the past 12 years, Eastern Technical Engineering PCL's highest Return-on-Tangible-Asset was 3.22%. The lowest was -3.35%. And the median was 1.38%.
BKK:ETE-R's Return-on-Tangible-Asset is ranked worse than 77.15% of 569
companies
in the Conglomerates industry
Industry Median: 2.69
vs BKK:ETE-R: -0.63
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.
Eastern Technical Engineering PCL Return-on-Tangible-Asset Related Terms
Eastern Technical Engineering 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:ETE-R vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Eastern Technical Engineering 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.
Eastern Technical Engineering PCL Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Eastern Technical Engineering PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eastern Technical Engineering 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 1.71% mean?
Eastern Technical Engineering PCL (BKK:ETE-R) has a Return-on-Tangible-Asset of 1.71% 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 Eastern Technical Engineering PCL and its competitors. This is 24% above median its historical median of 1.38. According to the industry distribution chart, Eastern Technical Engineering PCL ranks #439 out of 569 companies in the Conglomerates industry, placing it in the top 77.2%.
Is Eastern Technical Engineering PCL's Return-on-Tangible-Asset too high?
Eastern Technical Engineering PCL's current Return-on-Tangible-Asset of 1.71% is 24% above median its 10-year median of 1.38. The Conglomerates industry median Return-on-Tangible-Asset is 2.69. Eastern Technical Engineering PCL's value of 1.71% is 36.4% below this industry median. Based on the distribution chart, Eastern Technical Engineering PCL ranks #439 out of 569 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Eastern Technical Engineering PCL has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Eastern Technical Engineering PCL's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, Eastern Technical Engineering PCL ranks #439 out of 569 companies for Return-on-Tangible-Asset. This places Eastern Technical Engineering PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.69. Eastern Technical Engineering PCL's value of 1.71% is 36.4% below this benchmark. While the company's 10-year median is 1.38 vs. the industry median of 2.69, Eastern Technical Engineering 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.69, based on 569 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. Eastern Technical Engineering PCL's current Return-on-Tangible-Asset of 1.71% is 36.4% 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 Eastern Technical Engineering PCL and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Technical Engineering PCL's current Return-on-Tangible-Asset is 1.71%, which is 24% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Technical Engineering PCL stock overvalued right now?
Eastern Technical Engineering PCL (BKK:ETE-R) has a current Return-on-Tangible-Asset of 1.71%. The stock's GF Value™ is ฿0.96, compared to a current price of ฿0.69 — trading 28.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.71%, which is 24% above median its 10-year median of 1.38 and 36.4% below the Conglomerates industry median of 2.69. Eastern Technical Engineering PCL's overall GF Score™ is 43/100 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 Eastern Technical Engineering PCL (BKK:ETE-R), the current Return-on-Tangible-Asset is 1.71% 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 Eastern Technical Engineering PCL (BKK:ETE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Eastern Technical Engineering PCL stock appears to be undervalued.
The current stock price of ฿0.69 is trading 28.1% below its estimated GF Value™ of ฿0.96.
Key valuation signals for BKK:ETE-R:
Return-on-Tangible-Asset: 1.71% (24% above median its 10-year median of 1.38)
GF Value™: ฿0.96 vs. price of ฿0.69 (28.1% below fair value)
Industry Position: 36.4% below the Conglomerates median (#439 of 569)
No single metric tells the full story. See the BKK:ETE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eastern Technical Engineering PCL Business Description
Eastern Technical Engineering PCL operates management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other services. Its segments include the business of management service, the business of construction service, the business of renewable energy, the business of sale of goods and other services. It operates in a single geographic area, namely in Thailand.
43GF Score
Get the complete analysis for BKK:ETE-R
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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