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MK Restaurant Group PCLBKK:M +1.90%93 Return-on-Tangible-Asset is 3.87% as of Mar. 2026, which is 57% below its 10-year median of 8.92. GuruFocus rates BKK:M with a GF Score™ of 93/100 and a GF Value™ of ฿28.26 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 362 Restaurants companies, MK Restaurant Group PCL ranks better than 63.26% 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. MK Restaurant Group PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿653 Mil. MK Restaurant Group PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿16,900 Mil. Therefore, MK Restaurant Group PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.87%.
The historical rank and industry rank for MK Restaurant Group PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:M'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.75 Med: 8.92 Max: 16.21
Current: 4.58
During the past 13 years, MK Restaurant Group PCL's highest Return-on-Tangible-Asset was 16.21%. The lowest was 0.75%. And the median was 8.92%.
BKK:M's Return-on-Tangible-Asset is ranked better than 63.26% of 362
companies
in the Restaurants industry
Industry Median: 2.36
vs BKK:M: 4.58
MK Restaurant Group PCL (BKK:M) 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.
MK Restaurant Group PCL Return-on-Tangible-Asset Related Terms
MK Restaurant Group PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MK Restaurant 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.
MK Restaurant Group PCL Return-on-Tangible-Asset Chart
BKK:M vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, MK Restaurant 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.
MK Restaurant Group PCL Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, MK Restaurant Group PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MK Restaurant Group 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 3.87% mean?
MK Restaurant Group PCL (BKK:M) has a Return-on-Tangible-Asset of 3.87% 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 MK Restaurant Group PCL and its competitors. This is 57% below median its historical median of 8.92. Over the past decade, MK Restaurant Group PCL's Return-on-Tangible-Asset has ranged from 0.75 to 16.21. According to the industry distribution chart, MK Restaurant Group PCL ranks #133 out of 362 companies in the Restaurants industry, placing it in the top 36.7%.
Is MK Restaurant Group PCL's Return-on-Tangible-Asset too high?
MK Restaurant Group PCL's current Return-on-Tangible-Asset of 3.87% is 57% below median its 10-year median of 8.92. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 16.21. The Restaurants industry median Return-on-Tangible-Asset is 2.36. MK Restaurant Group PCL's value of 3.87% is 64% above this industry median. Based on the distribution chart, MK Restaurant Group PCL ranks #133 out of 362 companies in the Restaurants industry, which is above the industry midpoint. Overall, MK Restaurant Group PCL has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MK Restaurant Group PCL's Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MK Restaurant Group PCL ranks #133 out of 362 companies for Return-on-Tangible-Asset. This puts MK Restaurant Group PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.36. MK Restaurant Group PCL's value of 3.87% is 64% above this benchmark. Historically, MK Restaurant Group PCL's own Return-on-Tangible-Asset has ranged from 0.75 to 16.21 over the past decade. While the company's 10-year median is 8.92 vs. the industry median of 2.36, MK Restaurant Group 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.36, based on 362 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. MK Restaurant Group PCL's current Return-on-Tangible-Asset of 3.87% is 64% 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 MK Restaurant Group PCL and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MK Restaurant Group PCL's current Return-on-Tangible-Asset is 3.87%, which is 57% below median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Restaurant Group PCL stock overvalued right now?
Based on GuruFocus' analysis, MK Restaurant Group PCL (BKK:M) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿28.26, compared to a current price of ฿21.50 — trading 23.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.87%, which is 57% below median its 10-year median of 8.92 and 64% above the Restaurants industry median of 2.36. MK Restaurant Group PCL's overall GF Score™ is 93/100 with 5 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 MK Restaurant Group PCL (BKK:M), the current Return-on-Tangible-Asset is 3.87% 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 MK Restaurant Group PCL (BKK:M) Overvalued in 2026?
Based on GuruFocus' analysis, MK Restaurant Group PCL stock appears to be undervalued.
The current stock price of ฿21.50 is trading 23.9% below its estimated GF Value™ of ฿28.26.
GuruFocus considers MK Restaurant Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:M:
Return-on-Tangible-Asset: 3.87% (57% below median its 10-year median of 8.92)
GF Value™: ฿28.26 vs. price of ฿21.50 (23.9% below fair value)
Industry Position: 64% above the Restaurants median (#133 of 362)
No single metric tells the full story. See the BKK:M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MK Restaurant Group PCL operates in Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. The Group is engaged in two business segments which are restaurant business and other businesses that support restaurant business including training service provider and manufacture and distribution of foods. It generates the majority of its revenue comes from Thailand.
93GF Score
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