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President Bakery PCLBKK:PB 72 Return-on-Tangible-Asset is 8.35% as of Mar. 2026, which is 49% below its 10-year median of 16.34. GuruFocus rates BKK:PB with a GF Score™ of 72/100 and a GF Value™ of ฿55.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, President Bakery PCL ranks better than 76.88% 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. President Bakery PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿1,183 Mil. President Bakery PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿14,172 Mil. Therefore, President Bakery PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.35%.
The historical rank and industry rank for President Bakery PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:PB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.67 Med: 16.34 Max: 20.56
Current: 8.67
During the past 13 years, President Bakery PCL's highest Return-on-Tangible-Asset was 20.56%. The lowest was 8.67%. And the median was 16.34%.
BKK:PB's Return-on-Tangible-Asset is ranked better than 76.88% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.47
vs BKK:PB: 8.67
President Bakery PCL (BKK:PB) 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.
President Bakery PCL Return-on-Tangible-Asset Related Terms
President Bakery PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for President Bakery 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.
President Bakery PCL Return-on-Tangible-Asset Chart
BKK:PB vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, President Bakery 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.
President Bakery PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, President Bakery PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where President Bakery 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 8.35% mean?
President Bakery PCL (BKK:PB) has a Return-on-Tangible-Asset of 8.35% 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 President Bakery PCL and its competitors. This is 49% below median its historical median of 16.34. Over the past decade, President Bakery PCL's Return-on-Tangible-Asset has ranged from 8.67 to 20.56. According to the industry distribution chart, President Bakery PCL ranks #461 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 23.1%.
Is President Bakery PCL's Return-on-Tangible-Asset too high?
President Bakery PCL's current Return-on-Tangible-Asset of 8.35% is 49% below median its 10-year median of 16.34. Over the past 10 years, this metric has ranged from a low of 8.67 to a high of 20.56. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.47. President Bakery PCL's value of 8.35% is 140.6% above this industry median. Based on the distribution chart, President Bakery PCL ranks #461 out of 1994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, President Bakery PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Bakery PCL's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, President Bakery PCL ranks #461 out of 1994 companies for Return-on-Tangible-Asset. This places President Bakery PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.47. President Bakery PCL's value of 8.35% is 140.6% above this benchmark. Historically, President Bakery PCL's own Return-on-Tangible-Asset has ranged from 8.67 to 20.56 over the past decade. While the company's 10-year median is 16.34 vs. the industry median of 3.47, President Bakery 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.47, based on 1,994 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. President Bakery PCL's current Return-on-Tangible-Asset of 8.35% is 140.6% 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 President Bakery PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Bakery PCL's current Return-on-Tangible-Asset is 8.35%, which is 49% below median its own 10-year median of 16.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Bakery PCL stock overvalued right now?
Based on GuruFocus' analysis, President Bakery PCL (BKK:PB) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿55.44, compared to a current price of ฿48.00 — trading 13.4% below its estimated fair value. The current Return-on-Tangible-Asset is 8.35%, which is 49% below median its 10-year median of 16.34 and 140.6% above the Consumer Packaged Goods industry median of 3.47. President Bakery PCL's overall GF Score™ is 72/100 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 President Bakery PCL (BKK:PB), the current Return-on-Tangible-Asset is 8.35% 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 President Bakery PCL (BKK:PB) Overvalued in 2026?
Based on GuruFocus' analysis, President Bakery PCL stock appears to be undervalued.
The current stock price of ฿48.00 is trading 13.4% below its estimated GF Value™ of ฿55.44.
GuruFocus considers President Bakery PCL to be Modestly Undervalued.
Key valuation signals for BKK:PB:
Return-on-Tangible-Asset: 8.35% (49% below median its 10-year median of 16.34)
GF Value™: ฿55.44 vs. price of ฿48.00 (13.4% below fair value)
Industry Position: 140.6% above the Consumer Packaged Goods median (#461 of 1994)
No single metric tells the full story. See the BKK:PB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
President Bakery PCL is engaged in the manufacture and sales of bakery products. Its products include Cookies, Pies, Breads, Dorayaki, Buns, Toasts, Cakes etc. The company markets its products under the brand name of Farmhouse. The reportable operating segment of the company is manufacture and sales of bakery products and the single geographical area of its operations is Thailand.
72GF Score
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