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Green Tech Ventures PCLBKK:GTV Return-on-Tangible-Asset is 15.84% as of Jun. 2026. The stock has 7 warning signs investors should review. Among 454 Utilities - Independent Power Producers companies, Green Tech Ventures PCL ranks better than 64.98% 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. Green Tech Ventures PCL's annualizedNet Income for the quarter that ended in Jun. 2026 was ฿434.8 Mil. Green Tech Ventures PCL's average total tangible assets for the quarter that ended in Jun. 2026 was ฿2,744.1 Mil. Therefore, Green Tech Ventures PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 15.84%.
The historical rank and industry rank for Green Tech Ventures PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:GTV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.28 Med: -2.74 Max: 2.9
Current: 2.9
During the past 13 years, Green Tech Ventures PCL's highest Return-on-Tangible-Asset was 2.90%. The lowest was -30.28%. And the median was -2.74%.
BKK:GTV's Return-on-Tangible-Asset is ranked better than 64.98% of 454
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.11
vs BKK:GTV: 2.90
Green Tech Ventures PCL (BKK:GTV) 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 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.
Green Tech Ventures PCL Return-on-Tangible-Asset Related Terms
Green Tech Ventures PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Green Tech Ventures 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.
Green Tech Ventures PCL Return-on-Tangible-Asset Chart
BKK:GTV vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Green Tech Ventures 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.
Green Tech Ventures PCL Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Green Tech Ventures PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Green Tech Ventures 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.84% mean?
Green Tech Ventures PCL (BKK:GTV) has a Return-on-Tangible-Asset of 15.84% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Green Tech Ventures PCL and its competitors. According to the industry distribution chart, Green Tech Ventures PCL ranks #159 out of 454 companies in the Utilities - Independent Power Producers industry, placing it in the top 35%.
Is Green Tech Ventures PCL's Return-on-Tangible-Asset too high?
Green Tech Ventures PCL's current Return-on-Tangible-Asset is 15.84%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.11. Green Tech Ventures PCL's value of 15.84% is 1327% above this industry median. Based on the distribution chart, Green Tech Ventures PCL ranks #159 out of 454 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint.
How does Green Tech Ventures PCL's Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Green Tech Ventures PCL ranks #159 out of 454 companies for Return-on-Tangible-Asset. This puts Green Tech Ventures PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.11. Green Tech Ventures PCL's value of 15.84% is 1327% above this benchmark. 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.11, based on 454 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. Green Tech Ventures PCL's current Return-on-Tangible-Asset of 15.84% is 1327% 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 Green Tech Ventures PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Tech Ventures PCL's current Return-on-Tangible-Asset is 15.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Tech Ventures PCL stock overvalued right now?
Based on GuruFocus' analysis, Green Tech Ventures PCL (BKK:GTV) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.03 — trading 25% below its estimated fair value. The current Return-on-Tangible-Asset is 15.84% and 1327% above the Utilities - Independent Power Producers industry median of 1.11. 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 Green Tech Ventures PCL (BKK:GTV), the current Return-on-Tangible-Asset is 15.84% as of Jun. 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.
Green Tech Ventures PCL is engaged in electricity generation, property development, and cryptocurrency mining business. The company classifies its operating segments based on types of businesses, which include electricity generating, property development, and digital asset. Maximum revenue is derived from the electricity-generating segment, which is involved in generating and selling energy from its solar power projects. Geographically, the company generates maximum revenue from the Socialist Republic of Vietnam, followed by the Lao PDR, Thailand, and Singapore.
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