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Kang Yong Electric PCLBKK:KYE-R 57 Return-on-Tangible-Asset is -1.78% as of Jun. 2026. GuruFocus rates BKK:KYE-R with a GF Score™ of 57/100 and a GF Value™ of ฿206.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 438 Furnishings, Fixtures & Appliances companies, Kang Yong Electric PCL ranks better than 68.04% 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. Kang Yong Electric PCL's annualizedNet Income for the quarter that ended in Jun. 2026 was ฿-197 Mil. Kang Yong Electric PCL's average total tangible assets for the quarter that ended in Jun. 2026 was ฿11,041 Mil. Therefore, Kang Yong Electric PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1.78%.
The historical rank and industry rank for Kang Yong Electric PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:KYE-R'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.61 Med: 6.72 Max: 17.1
Current: 4.95
During the past 13 years, Kang Yong Electric PCL's highest Return-on-Tangible-Asset was 17.10%. The lowest was 1.61%. And the median was 6.72%.
BKK:KYE-R's Return-on-Tangible-Asset is ranked better than 68.04% of 438
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.585
vs BKK:KYE-R: 4.95
Kang Yong Electric PCL (BKK:KYE-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 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.
Kang Yong Electric PCL Return-on-Tangible-Asset Related Terms
Kang Yong Electric PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kang Yong Electric 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.
Kang Yong Electric PCL Return-on-Tangible-Asset Chart
BKK:KYE-R vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Kang Yong Electric 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.
Kang Yong Electric PCL Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kang Yong Electric PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kang Yong Electric 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 -1.78% mean?
Kang Yong Electric PCL (BKK:KYE-R) has a Return-on-Tangible-Asset of -1.78% 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 Kang Yong Electric PCL and its competitors. Over the past decade, Kang Yong Electric PCL's Return-on-Tangible-Asset has ranged from 1.61 to 17.10. According to the industry distribution chart, Kang Yong Electric PCL ranks #140 out of 438 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 32%.
Is Kang Yong Electric PCL's Return-on-Tangible-Asset too high?
Kang Yong Electric PCL's current Return-on-Tangible-Asset is -1.78%. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 17.10. Based on the distribution chart, Kang Yong Electric PCL ranks #140 out of 438 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Kang Yong Electric PCL has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kang Yong Electric PCL's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kang Yong Electric PCL ranks #140 out of 438 companies for Return-on-Tangible-Asset. This puts Kang Yong Electric PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.59. Historically, Kang Yong Electric PCL's own Return-on-Tangible-Asset has ranged from 1.61 to 17.10 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.59, based on 438 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 Kang Yong Electric PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kang Yong Electric PCL's current Return-on-Tangible-Asset is -1.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kang Yong Electric PCL stock overvalued right now?
Based on GuruFocus' analysis, Kang Yong Electric PCL (BKK:KYE-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿206.35, compared to a current price of ฿285.00 — trading 38.1% above its estimated fair value. The current Return-on-Tangible-Asset is -1.78%. Kang Yong Electric PCL's overall GF Score™ is 57/100 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 Kang Yong Electric PCL (BKK:KYE-R), the current Return-on-Tangible-Asset is -1.78% 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.
Is Kang Yong Electric PCL (BKK:KYE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Kang Yong Electric PCL stock appears to be overvalued.
The current stock price of ฿285.00 is trading 38.1% above its estimated GF Value™ of ฿206.35.
GuruFocus considers Kang Yong Electric PCL to be Significantly Overvalued.
Key valuation signals for BKK:KYE-R:
Return-on-Tangible-Asset: -1.78%
GF Value™: ฿206.35 vs. price of ฿285.00 (38.1% above fair value)
No single metric tells the full story. See the BKK:KYE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kang Yong Electric PCL manufactures and distributes household electrical appliances under the tradename Mitsubishi. The company operates in three segments, namely, Sale of goods and rendering of services in Thailand, the Sale of goods in Japan, and the Sale of goods in other countries. Its products include refrigerators, electric fans, ventilating fans, water pumps, and hand dryers.
57GF Score
Get the complete analysis for BKK:KYE-R
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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