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Masstec Link PCLBKK:MASTEC 17 Return-on-Tangible-Asset is 4.50% as of Dec. 2025, which is 18% below its 10-year median of 5.47. GuruFocus rates BKK:MASTEC with a GF Score™ of 17/100. The stock has 7 warning signs investors should review. Among 158 Industrial Distribution companies, Masstec Link PCL ranks worse than 56.33% 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. Masstec Link PCL's annualizedNet Income for the quarter that ended in Dec. 2025 was ฿35.1 Mil. Masstec Link PCL's average total tangible assets for the quarter that ended in Dec. 2025 was ฿780.3 Mil. Therefore, Masstec Link PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.50%.
The historical rank and industry rank for Masstec Link PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:MASTEC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.83 Med: 5.47 Max: 5.55
Current: 2.94
During the past 3 years, Masstec Link PCL's highest Return-on-Tangible-Asset was 5.55%. The lowest was 2.83%. And the median was 5.47%.
BKK:MASTEC's Return-on-Tangible-Asset is ranked worse than 56.33% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.01
vs BKK:MASTEC: 2.94
Masstec Link PCL (BKK:MASTEC) 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.
Masstec Link PCL Return-on-Tangible-Asset Related Terms
Masstec Link PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Masstec Link 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.
Masstec Link PCL Return-on-Tangible-Asset Chart
Masstec Link PCL Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
5.55
5.47
2.83
Masstec Link PCL Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Asset
0.00
0.13
10.74
1.44
4.50
BKK:MASTEC vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Masstec Link 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.
Masstec Link PCL Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Masstec Link PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Masstec Link 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.50% mean?
Masstec Link PCL (BKK:MASTEC) has a Return-on-Tangible-Asset of 4.50% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Masstec Link PCL and its competitors. This is 18% below median its historical median of 5.47. Over the past decade, Masstec Link PCL's Return-on-Tangible-Asset has ranged from 2.83 to 5.55. According to the industry distribution chart, Masstec Link PCL ranks #89 out of 158 companies in the Industrial Distribution industry, placing it in the top 56.3%.
Is Masstec Link PCL's Return-on-Tangible-Asset too high?
Masstec Link PCL's current Return-on-Tangible-Asset of 4.50% is 18% below median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 5.55. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Masstec Link PCL's value of 4.50% is 12.2% above this industry median. Based on the distribution chart, Masstec Link PCL ranks #89 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Masstec Link PCL has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Masstec Link PCL's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Masstec Link PCL ranks #89 out of 158 companies for Return-on-Tangible-Asset. This places Masstec Link PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Masstec Link PCL's value of 4.50% is 12.2% above this benchmark. Historically, Masstec Link PCL's own Return-on-Tangible-Asset has ranged from 2.83 to 5.55 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 4.01, Masstec Link 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 Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.01, based on 158 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. Masstec Link PCL's current Return-on-Tangible-Asset of 4.50% is 12.2% 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 Masstec Link PCL and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Masstec Link PCL's current Return-on-Tangible-Asset is 4.50%, which is 18% below median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masstec Link PCL stock overvalued right now?
Masstec Link PCL (BKK:MASTEC) has a current Return-on-Tangible-Asset of 4.50%. The current Return-on-Tangible-Asset is 4.50%, which is 18% below median its 10-year median of 5.47 and 12.2% above the Industrial Distribution industry median of 4.01. Masstec Link PCL's overall GF Score™ is 17/100 with 7 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 Masstec Link PCL (BKK:MASTEC), the current Return-on-Tangible-Asset is 4.50% as of Dec. 2025. 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.
Masstec Link PCL imports and supplies engineering products. The segment information can be classified into two categories: Sales segment: This segment involves the distribution of equipment for air conditioning systems, sanitary systems, fire protection systems, refrigerant piping systems, air duct systems, swimming pool systems, water pumping systems, fire barrier systems, and electric vehicle charging; Service segment: This segment provides procurement, design, installation, and repair maintenance service related to air conditioning systems, sanitary systems, fire protection systems, water pumping systems, cooling tower systems, air duct systems, fire barrier systems, energy-saving products for water treatment systems, cooling systems, chilled water systems for commercial AC.
17GF Score
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