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Glory Forever PCL (BKK:GLORY) Return-on-Tangible-Asset : -7.77% (As of Mar. 2025)


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What is Glory Forever PCL Return-on-Tangible-Asset?

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. Glory Forever PCL's annualized Net Income for the quarter that ended in Mar. 2025 was ฿-12.4 Mil. Glory Forever PCL's average total tangible assets for the quarter that ended in Mar. 2025 was ฿160.2 Mil. Therefore, Glory Forever PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -7.77%.

The historical rank and industry rank for Glory Forever PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:GLORY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.23   Med: 9.21   Max: 72.44
Current: -34.68

During the past 6 years, Glory Forever PCL's highest Return-on-Tangible-Asset was 72.44%. The lowest was -36.23%. And the median was 9.21%.

BKK:GLORY's Return-on-Tangible-Asset is ranked worse than
87.12% of 1056 companies
in the Media - Diversified industry
Industry Median: 0.425 vs BKK:GLORY: -34.68

Glory Forever PCL Return-on-Tangible-Asset Historical Data

The historical data trend for Glory Forever 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.

* Premium members only.

Glory Forever PCL Return-on-Tangible-Asset Chart

Glory Forever PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 22.31 8.07 10.35 -16.01 -36.23

Glory Forever PCL Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.10 -8.89 -9.05 -116.42 -7.77

Competitive Comparison of Glory Forever PCL's Return-on-Tangible-Asset

For the Publishing subindustry, Glory Forever 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.


Glory Forever PCL's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Glory Forever PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Glory Forever PCL's Return-on-Tangible-Asset falls into.


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Glory Forever PCL Return-on-Tangible-Asset Calculation

Glory Forever PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-67.799/( (215.149+159.163)/ 2 )
=-67.799/187.156
=-36.23 %

Glory Forever PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-12.444/( (159.163+161.152)/ 2 )
=-12.444/160.1575
=-7.77 %

* 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. 2025) net income data.


Glory Forever PCL  (BKK:GLORY) 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 company’s 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 company’s 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.


Glory Forever PCL Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Glory Forever PCL's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Glory Forever PCL Business Description

Traded in Other Exchanges
N/A
Address
20 Village Number 6, Phanthai Norasing Subdistrict, Mueang Samut Sakhon District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Glory Forever PCL is engaged in e-commerce, i.e. trading of products of services conducted over the internet and providing services related to residential projects. The Group is organized into business units based on its products and services and has three reportable segments namely the E-commerce segment, Residential segment, and Other segment. Key revenue is generated from E-commerce segment which includes sales and services via electronic media through the internet network consists of services relating to the online novel platform, Alisa, and Vtuber.

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