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Index International Group PCL (BKK:IND) Return-on-Tangible-Asset : 8.26% (As of Mar. 2025)


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What is Index International Group 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. Index International Group PCL's annualized Net Income for the quarter that ended in Mar. 2025 was ฿83.1 Mil. Index International Group PCL's average total tangible assets for the quarter that ended in Mar. 2025 was ฿1,006.5 Mil. Therefore, Index International Group PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 8.26%.

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

BKK:IND' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.78   Med: 4.49   Max: 9.44
Current: 8.34

During the past 7 years, Index International Group PCL's highest Return-on-Tangible-Asset was 9.44%. The lowest was 1.78%. And the median was 4.49%.

BKK:IND's Return-on-Tangible-Asset is ranked better than
82.26% of 1742 companies
in the Construction industry
Industry Median: 2.68 vs BKK:IND: 8.34

Index International Group PCL Return-on-Tangible-Asset Historical Data

The historical data trend for Index International Group 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.

Index International Group PCL Return-on-Tangible-Asset Chart

Index International Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 2.72 2.04 4.49 1.78 6.63

Index International Group PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only 4.27 3.40 8.78 12.37 8.26

Competitive Comparison of Index International Group PCL's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Index International Group 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.


Index International Group PCL's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Index International Group PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Index International Group PCL's Return-on-Tangible-Asset falls into.


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Index International Group PCL Return-on-Tangible-Asset Calculation

Index International Group 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 )
=57.889/( (730.045+1016.104)/ 2 )
=57.889/873.0745
=6.63 %

Index International Group 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 )
=83.132/( (1016.104+996.937)/ 2 )
=83.132/1006.5205
=8.26 %

* 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.


Index International Group PCL  (BKK:IND) 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.


Index International Group PCL Return-on-Tangible-Asset Related Terms

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Index International Group PCL Business Description

Traded in Other Exchanges
Address
1/814 Moo 17, Soi Amphon, Phaholyothin Road, Kukot, Lumlukka, Pathumthani, THA, 12130
Index International Group PCL is an engineering consultancy firm offering detailed design services, project management services, and detailed design construction. Its services include a wide range of services in specialized fields such as project planning, city, and district planning, architectural design involving landscaping and architecture, and engineering design involving structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering. The group operates in Thailand.

Index International Group PCL Headlines

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