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NAT Absolute Technologies PCLBKK:NAT -0.56%22 Return-on-Tangible-Asset is 1.15% as of Mar. 2026, which is 95% below its 10-year median of 23.28. GuruFocus rates BKK:NAT with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,891 Software companies, NAT Absolute Technologies PCL ranks worse than 55.97% on this metric.
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.
NAT Absolute Technologies PCL Return-on-Tangible-Asset Related Terms
NAT Absolute Technologies 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:NAT vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, NAT Absolute Technologies 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.
NAT Absolute Technologies PCL Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, NAT Absolute Technologies PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NAT Absolute Technologies 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 1.15% mean?
NAT Absolute Technologies PCL (BKK:NAT) has a Return-on-Tangible-Asset of 1.15% 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 NAT Absolute Technologies PCL and its competitors. This is 95% below median its historical median of 23.28. Over the past decade, NAT Absolute Technologies PCL's Return-on-Tangible-Asset has ranged from 0.40 to 30.44. According to the industry distribution chart, NAT Absolute Technologies PCL ranks #1618 out of 2891 companies in the Software industry, placing it in the top 56%.
Is NAT Absolute Technologies PCL's Return-on-Tangible-Asset too high?
NAT Absolute Technologies PCL's current Return-on-Tangible-Asset of 1.15% is 95% below median its 10-year median of 23.28. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 30.44. The Software industry median Return-on-Tangible-Asset is 2.07. NAT Absolute Technologies PCL's value of 1.15% is 44.4% below this industry median. Based on the distribution chart, NAT Absolute Technologies PCL ranks #1618 out of 2891 companies in the Software industry, which is below the industry midpoint. Overall, NAT Absolute Technologies PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does NAT Absolute Technologies PCL's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, NAT Absolute Technologies PCL ranks #1618 out of 2891 companies for Return-on-Tangible-Asset. This places NAT Absolute Technologies PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.07. NAT Absolute Technologies PCL's value of 1.15% is 44.4% below this benchmark. Historically, NAT Absolute Technologies PCL's own Return-on-Tangible-Asset has ranged from 0.40 to 30.44 over the past decade. While the company's 10-year median is 23.28 vs. the industry median of 2.07, NAT Absolute Technologies PCL has consistently been below 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,891 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. NAT Absolute Technologies PCL's current Return-on-Tangible-Asset of 1.15% is 44.4% below 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 NAT Absolute Technologies PCL and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAT Absolute Technologies PCL's current Return-on-Tangible-Asset is 1.15%, which is 95% below median its own 10-year median of 23.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAT Absolute Technologies PCL stock overvalued right now?
NAT Absolute Technologies PCL (BKK:NAT) has a current Return-on-Tangible-Asset of 1.15%. The current Return-on-Tangible-Asset is 1.15%, which is 95% below median its 10-year median of 23.28 and 44.4% below the Software industry median of 2.07. NAT Absolute Technologies PCL's overall GF Score™ is 22/100 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 NAT Absolute Technologies PCL (BKK:NAT), the current Return-on-Tangible-Asset is 1.15% 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.
NAT Absolute Technologies PCL Business Description
NAT Absolute Technologies PCL is engaged in information and communication technology services in Thailand. The company provides consulting services, design, procurement and distribution of equipment ready for installation, including providing contract system installation services related to information and communication technology systems (Information and Communication Technology System Integration).
22GF Score
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