Lam Soon (Thailand) PCL Shs (BKK:LST) Return-on-Tangible-Asset: 6.05% (As of Mar. 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:LST Lam Soon (Thailand) PCL Shs BKK:LST
80 GF Score
Price ฿4.78
GF Value ฿5.76
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Lam Soon (Thailand) PCL Shs Return-on-Tangible-Asset?

Lam Soon (Thailand) PCL Shs BKK:LST 80 Return-on-Tangible-Asset is 6.05% as of Mar. 2026, which is 15% below its 10-year median of 7.15. GuruFocus rates BKK:LST with a GF Score™ of 80/100 and a GF Value™ of ฿5.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Lam Soon (Thailand) PCL Shs ranks better than 67.65% 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. Lam Soon (Thailand) PCL Shs's annualized Net Income for the quarter that ended in Mar. 2026 was ฿528 Mil. Lam Soon (Thailand) PCL Shs's average total tangible assets for the quarter that ended in Mar. 2026 was ฿8,734 Mil. Therefore, Lam Soon (Thailand) PCL Shs's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.05%.

The historical rank and industry rank for Lam Soon (Thailand) PCL Shs's Return-on-Tangible-Asset or its related term are showing as below:

BKK:LST' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.9   Med: 7.15   Max: 10.72
Current: 6.7

During the past 13 years, Lam Soon (Thailand) PCL Shs's highest Return-on-Tangible-Asset was 10.72%. The lowest was 5.90%. And the median was 7.15%.

BKK:LST's Return-on-Tangible-Asset is ranked better than
67.65% of 1997 companies
in the Consumer Packaged Goods industry
Industry Median: 3.43 vs BKK:LST: 6.70

Lam Soon (Thailand) PCL Shs  (BKK:LST) 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.


Lam Soon (Thailand) PCL Shs Return-on-Tangible-Asset Related Terms


Lam Soon (Thailand) PCL Shs Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Lam Soon (Thailand) PCL Shs'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.

Lam Soon (Thailand) PCL Shs Return-on-Tangible-Asset Chart

Lam Soon (Thailand) PCL Shs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.72 7.40 7.55 7.14 6.58

Lam Soon (Thailand) PCL Shs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.98 6.45 8.71 5.69 6.05

BKK:LST vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, Lam Soon (Thailand) PCL Shs'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.


Lam Soon (Thailand) PCL Shs Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lam Soon (Thailand) PCL Shs's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lam Soon (Thailand) PCL Shs's Return-on-Tangible-Asset falls into.


BKK:LST
80GF Score
Lam Soon (Thailand) PCL Shs BKK:LST
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lam Soon (Thailand) PCL Shs Return-on-Tangible-Asset Calculation

Lam Soon (Thailand) PCL Shs's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=527.941/( (7611.413+8423.712)/ 2 )
=527.941/8017.5625
=6.58 %

Lam Soon (Thailand) PCL Shs's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=528.204/( (8423.712+9044.636)/ 2 )
=528.204/8734.174
=6.05 %

* 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 6.05% mean?
Lam Soon (Thailand) PCL Shs (BKK:LST) has a Return-on-Tangible-Asset of 6.05% 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 Lam Soon (Thailand) PCL Shs and its competitors. This is 15% below median its historical median of 7.15. Over the past decade, Lam Soon (Thailand) PCL Shs' Return-on-Tangible-Asset has ranged from 5.90 to 10.72. According to the industry distribution chart, Lam Soon (Thailand) PCL Shs ranks #646 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 32.3%.
Is Lam Soon (Thailand) PCL Shs' Return-on-Tangible-Asset too high?
Lam Soon (Thailand) PCL Shs' current Return-on-Tangible-Asset of 6.05% is 15% below median its 10-year median of 7.15. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 10.72. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. Lam Soon (Thailand) PCL Shs' value of 6.05% is 76.4% above this industry median. Based on the distribution chart, Lam Soon (Thailand) PCL Shs ranks #646 out of 1997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lam Soon (Thailand) PCL Shs has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lam Soon (Thailand) PCL Shs' Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Lam Soon (Thailand) PCL Shs ranks #646 out of 1997 companies for Return-on-Tangible-Asset. This puts Lam Soon (Thailand) PCL Shs in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Lam Soon (Thailand) PCL Shs' value of 6.05% is 76.4% above this benchmark. Historically, Lam Soon (Thailand) PCL Shs' own Return-on-Tangible-Asset has ranged from 5.90 to 10.72 over the past decade. While the company's 10-year median is 7.15 vs. the industry median of 3.43, Lam Soon (Thailand) PCL Shs 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 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. Lam Soon (Thailand) PCL Shs's current Return-on-Tangible-Asset of 6.05% is 76.4% 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 Lam Soon (Thailand) PCL Shs and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lam Soon (Thailand) PCL Shs's current Return-on-Tangible-Asset is 6.05%, which is 15% below median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Soon (Thailand) PCL Shs stock overvalued right now?
Based on GuruFocus' analysis, Lam Soon (Thailand) PCL Shs (BKK:LST) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.76, compared to a current price of ฿4.78 — trading 17% below its estimated fair value. The current Return-on-Tangible-Asset is 6.05%, which is 15% below median its 10-year median of 7.15 and 76.4% above the Consumer Packaged Goods industry median of 3.43. Lam Soon (Thailand) PCL Shs' overall GF Score™ is 80/100 with 3 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 Lam Soon (Thailand) PCL Shs (BKK:LST), the current Return-on-Tangible-Asset is 6.05% 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 Lam Soon (Thailand) PCL Shs (BKK:LST) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Soon (Thailand) PCL Shs stock appears to be undervalued. The current stock price of ฿4.78 is trading 17% below its estimated GF Value™ of ฿5.76. GuruFocus considers Lam Soon (Thailand) PCL Shs to be Modestly Undervalued.

Key valuation signals for BKK:LST:

  • Return-on-Tangible-Asset: 6.05% (15% below median its 10-year median of 7.15)
  • GF Value™: ฿5.76 vs. price of ฿4.78 (17% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 76.4% above the Consumer Packaged Goods median (#646 of 1997)

No single metric tells the full story. See the BKK:LST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lam Soon (Thailand) PCL Shs Business Description

Address 64, Soi Bangna-Trad 25, Bangna Nuea, Bangkok, THA, 10260
Lam Soon (Thailand) PCL Shs along with its subsidiaries is principally engaged in the manufacture and distribution of palm oil. The group and its subsidiaries are organized into business units based on their products and services and have two reportable segments namely manufacturing and distribution of palm oil segment, which includes the generation of electricity from biogases, the by-products from palm oil manufacturing; and the manufacturing and distribution of processed fruits and vegetable segment. Geographically, it operates through the region of Thailand and it holds a presence in the international market, however domestic sales account for the majority of revenue.
80GF Score

Get the complete analysis for BKK:LST

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.78
Price
฿5.76
GF Value