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Interroyal Engineering PCLBKK:IROYAL -3.80%22 Return-on-Tangible-Asset is 17.95% as of Mar. 2026, which is 15% above its 10-year median of 15.62. GuruFocus rates BKK:IROYAL with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 3,077 Industrial Products companies, Interroyal Engineering PCL ranks better than 83.95% 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. Interroyal Engineering PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿126.7 Mil. Interroyal Engineering PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿705.9 Mil. Therefore, Interroyal Engineering PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.95%.
The historical rank and industry rank for Interroyal Engineering PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:IROYAL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.5 Med: 15.62 Max: 39.14
Current: 9.5
During the past 4 years, Interroyal Engineering PCL's highest Return-on-Tangible-Asset was 39.14%. The lowest was 9.50%. And the median was 15.62%.
BKK:IROYAL's Return-on-Tangible-Asset is ranked better than 83.95% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs BKK:IROYAL: 9.50
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.
Interroyal Engineering PCL Return-on-Tangible-Asset Related Terms
Interroyal Engineering 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:IROYAL vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Interroyal Engineering 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.
Interroyal Engineering PCL Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Interroyal Engineering PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Interroyal Engineering 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 17.95% mean?
Interroyal Engineering PCL (BKK:IROYAL) has a Return-on-Tangible-Asset of 17.95% 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 Interroyal Engineering PCL and its competitors. This is 15% above median its historical median of 15.62. Over the past decade, Interroyal Engineering PCL's Return-on-Tangible-Asset has ranged from 9.50 to 39.14. According to the industry distribution chart, Interroyal Engineering PCL ranks #494 out of 3077 companies in the Industrial Products industry, placing it in the top 16.1%.
Is Interroyal Engineering PCL's Return-on-Tangible-Asset too high?
Interroyal Engineering PCL's current Return-on-Tangible-Asset of 17.95% is 15% above median its 10-year median of 15.62. Over the past 10 years, this metric has ranged from a low of 9.50 to a high of 39.14. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Interroyal Engineering PCL's value of 17.95% is 450.6% above this industry median. Based on the distribution chart, Interroyal Engineering PCL ranks #494 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Interroyal Engineering PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Interroyal Engineering PCL's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Interroyal Engineering PCL ranks #494 out of 3077 companies for Return-on-Tangible-Asset. This places Interroyal Engineering PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Interroyal Engineering PCL's value of 17.95% is 450.6% above this benchmark. Historically, Interroyal Engineering PCL's own Return-on-Tangible-Asset has ranged from 9.50 to 39.14 over the past decade. While the company's 10-year median is 15.62 vs. the industry median of 3.26, Interroyal Engineering 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,077 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. Interroyal Engineering PCL's current Return-on-Tangible-Asset of 17.95% is 450.6% 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 Interroyal Engineering PCL and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interroyal Engineering PCL's current Return-on-Tangible-Asset is 17.95%, which is 15% above median its own 10-year median of 15.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interroyal Engineering PCL stock overvalued right now?
Interroyal Engineering PCL (BKK:IROYAL) has a current Return-on-Tangible-Asset of 17.95%. The current Return-on-Tangible-Asset is 17.95%, which is 15% above median its 10-year median of 15.62 and 450.6% above the Industrial Products industry median of 3.26. Interroyal Engineering PCL's overall GF Score™ is 22/100 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 Interroyal Engineering PCL (BKK:IROYAL), the current Return-on-Tangible-Asset is 17.95% 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.
Interroyal Engineering PCL provides comprehensive engineering solutions both in Thailand and internationally including the procurement, design, installation, and maintenance of machinery and equipment for various industries which are divided into: Energy; Communications, Networks, and Intelligent Technology; Petroleum and Natural Gas Business Support; Environmental Management and Future Energy Development. The group operates in two business segments: revenues from sales; and revenues from sales with installation.
22GF Score
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