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Inoue Rubber (Thailand) PCLBKK:IRC 73 Return-on-Tangible-Asset is 6.46% as of Mar. 2026, which is 20% above its 10-year median of 5.39. GuruFocus rates BKK:IRC with a GF Score™ of 73/100 and a GF Value™ of ฿12.32 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,329 Vehicles & Parts companies, Inoue Rubber (Thailand) PCL ranks better than 61.02% on this metric.
The historical rank and industry rank for Inoue Rubber (Thailand) PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:IRC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.1 Med: 5.39 Max: 12.57
Current: 4.66
During the past 13 years, Inoue Rubber (Thailand) PCL's highest Return-on-Tangible-Asset was 12.57%. The lowest was 2.10%. And the median was 5.39%.
BKK:IRC's Return-on-Tangible-Asset is ranked better than 61.02% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 3.16
vs BKK:IRC: 4.66
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.
Inoue Rubber (Thailand) PCL Return-on-Tangible-Asset Related Terms
Inoue Rubber (Thailand) 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:IRC vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Inoue Rubber (Thailand) 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.
Inoue Rubber (Thailand) PCL Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Inoue Rubber (Thailand) PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Inoue Rubber (Thailand) 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 6.46% mean?
Inoue Rubber (Thailand) PCL (BKK:IRC) has a Return-on-Tangible-Asset of 6.46% 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 Inoue Rubber (Thailand) PCL and its competitors. This is 20% above median its historical median of 5.39. Over the past decade, Inoue Rubber (Thailand) PCL's Return-on-Tangible-Asset has ranged from 2.10 to 12.57. According to the industry distribution chart, Inoue Rubber (Thailand) PCL ranks #518 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 39%.
Is Inoue Rubber (Thailand) PCL's Return-on-Tangible-Asset too high?
Inoue Rubber (Thailand) PCL's current Return-on-Tangible-Asset of 6.46% is 20% above median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 12.57. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.16. Inoue Rubber (Thailand) PCL's value of 6.46% is 104.4% above this industry median. Based on the distribution chart, Inoue Rubber (Thailand) PCL ranks #518 out of 1329 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Inoue Rubber (Thailand) PCL has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inoue Rubber (Thailand) PCL's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Inoue Rubber (Thailand) PCL ranks #518 out of 1329 companies for Return-on-Tangible-Asset. This puts Inoue Rubber (Thailand) PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.16. Inoue Rubber (Thailand) PCL's value of 6.46% is 104.4% above this benchmark. Historically, Inoue Rubber (Thailand) PCL's own Return-on-Tangible-Asset has ranged from 2.10 to 12.57 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 3.16, Inoue Rubber (Thailand) PCL has consistently been above 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.16, based on 1,329 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. Inoue Rubber (Thailand) PCL's current Return-on-Tangible-Asset of 6.46% is 104.4% 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 Inoue Rubber (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inoue Rubber (Thailand) PCL's current Return-on-Tangible-Asset is 6.46%, which is 20% above median its own 10-year median of 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inoue Rubber (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Inoue Rubber (Thailand) PCL (BKK:IRC) is currently considered Fairly Valued. The stock's GF Value™ is ฿12.32, compared to a current price of ฿12.00 — trading 2.6% below its estimated fair value. The current Return-on-Tangible-Asset is 6.46%, which is 20% above median its 10-year median of 5.39 and 104.4% above the Vehicles & Parts industry median of 3.16. Inoue Rubber (Thailand) PCL's overall GF Score™ is 73/100 with 4 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 Inoue Rubber (Thailand) PCL (BKK:IRC), the current Return-on-Tangible-Asset is 6.46% 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 Inoue Rubber (Thailand) PCL (BKK:IRC) Overvalued in 2026?
Based on GuruFocus' analysis, Inoue Rubber (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿12.00 is trading 2.6% below its estimated GF Value™ of ฿12.32.
GuruFocus considers Inoue Rubber (Thailand) PCL to be Fairly Valued.
Key valuation signals for BKK:IRC:
Return-on-Tangible-Asset: 6.46% (20% above median its 10-year median of 5.39)
GF Value™: ฿12.32 vs. price of ฿12.00 (2.6% below fair value)
Industry Position: 104.4% above the Vehicles & Parts median (#518 of 1329)
No single metric tells the full story. See the BKK:IRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.
73GF Score
Get the complete analysis for BKK:IRC
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