Grande Asset Hotels And Property PCL (BKK:GRAND-R) Return-on-Tangible-Asset: -7.61% (As of Mar. 2026)


BKK:GRAND-R Grande Asset Hotels And Property PCL BKK:GRAND-R
8 GF Score
Price ฿0.04
GF Value ฿0.14
! 2 Warning Signs
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What is Grande Asset Hotels And Property PCL Return-on-Tangible-Asset?

Grande Asset Hotels And Property PCL BKK:GRAND-R 8 Return-on-Tangible-Asset is -7.61% as of Mar. 2026. GuruFocus rates BKK:GRAND-R with a GF Score™ of 8/100 and a GF Value™ of ฿0.14. The stock has 2 warning signs investors should review. Among 859 Travel & Leisure companies, Grande Asset Hotels And Property PCL ranks worse than 91.15% 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. Grande Asset Hotels And Property PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿-921 Mil. Grande Asset Hotels And Property PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿12,091 Mil. Therefore, Grande Asset Hotels And Property PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -7.61%.

The historical rank and industry rank for Grande Asset Hotels And Property PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:GRAND-R' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.06   Med: -4.18   Max: 8.85
Current: -13.06

During the past 13 years, Grande Asset Hotels And Property PCL's highest Return-on-Tangible-Asset was 8.85%. The lowest was -13.06%. And the median was -4.18%.

BKK:GRAND-R's Return-on-Tangible-Asset is ranked worse than
91.15% of 859 companies
in the Travel & Leisure industry
Industry Median: 2.75 vs BKK:GRAND-R: -13.06

Grande Asset Hotels And Property PCL  (BKK:GRAND-R) 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.


Grande Asset Hotels And Property PCL Return-on-Tangible-Asset Related Terms


Grande Asset Hotels And Property PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL Return-on-Tangible-Asset Chart

Grande Asset Hotels And Property PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.17 -5.29 -4.13 -4.22 -11.93

Grande Asset Hotels And Property PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only -3.09 -8.51 -10.61 -25.64 -7.61

BKK:GRAND-R vs MAR, HLT, H: Return-on-Tangible-Asset Comparison

For the Lodging subindustry, Grande Asset Hotels And Property 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.


Grande Asset Hotels And Property PCL Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Grande Asset Hotels And Property PCL's Return-on-Tangible-Asset falls into.


BKK:GRAND-R
8GF Score
Grande Asset Hotels And Property PCL BKK:GRAND-R
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Grande Asset Hotels And Property PCL Return-on-Tangible-Asset Calculation

Grande Asset Hotels And Property PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-1543.473/( (13709.96+12167.556)/ 2 )
=-1543.473/12938.758
=-11.93 %

Grande Asset Hotels And Property PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-920.6/( (12167.556+12015.249)/ 2 )
=-920.6/12091.4025
=-7.61 %

* 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 -7.61% mean?
Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a Return-on-Tangible-Asset of -7.61% 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 Grande Asset Hotels And Property PCL and its competitors. According to the industry distribution chart, Grande Asset Hotels And Property PCL ranks #783 out of 859 companies in the Travel & Leisure industry, placing it in the top 91.2%.
Is Grande Asset Hotels And Property PCL's Return-on-Tangible-Asset too high?
Grande Asset Hotels And Property PCL's current Return-on-Tangible-Asset is -7.61%. Based on the distribution chart, Grande Asset Hotels And Property PCL ranks #783 out of 859 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Grande Asset Hotels And Property PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Grande Asset Hotels And Property PCL's Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Grande Asset Hotels And Property PCL ranks #783 out of 859 companies for Return-on-Tangible-Asset. This places Grande Asset Hotels And Property PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.75. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.75, based on 859 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 Grande Asset Hotels And Property PCL and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grande Asset Hotels And Property PCL's current Return-on-Tangible-Asset is -7.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Asset Hotels And Property PCL stock overvalued right now?
Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a current Return-on-Tangible-Asset of -7.61%. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.04 — trading 71.4% below its estimated fair value. The current Return-on-Tangible-Asset is -7.61%. Grande Asset Hotels And Property PCL's overall GF Score™ is 8/100 with 2 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R), the current Return-on-Tangible-Asset is -7.61% 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R) Overvalued in 2026?

Based on GuruFocus' analysis, Grande Asset Hotels And Property PCL stock appears to be undervalued. The current stock price of ฿0.04 is trading 71.4% below its estimated GF Value™ of ฿0.14.

Key valuation signals for BKK:GRAND-R:

  • Return-on-Tangible-Asset: -7.61%
  • GF Value™: ฿0.14 vs. price of ฿0.04 (71.4% below fair value)
  • GF Score™: 8/100 with 2 warning signs

No single metric tells the full story. See the BKK:GRAND-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grande Asset Hotels And Property PCL Business Description

Other Exchanges GRAND:Thailand
Address Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Khlong Toei Subdistrict, Khlong Toei District, Bangkok, THA, 10110
Grande Asset Hotels And Property PCL operates in the hotel industry. It is principally engaged in hotel, property development and rental businesses. The company's reportable segments include Hotel business, Rental business and Property development business. The majority of revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Hyde Heritage Thonglor, Hyde Sukhumvit 11 and Amatara Residences Rayong.
8GF Score

Get the complete analysis for BKK:GRAND-R

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.04
Price
฿0.14
GF Value