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.
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.
Porn Prom Metal PCLBKK:PPM +2.97%74 Return-on-Tangible-Asset is 9.35% as of Mar. 2026, which is 333% above its 10-year median of 2.16. GuruFocus rates BKK:PPM with a GF Score™ of 74/100 and a GF Value™ of ฿1.82 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 158 Industrial Distribution companies, Porn Prom Metal PCL ranks better than 63.29% 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. Porn Prom Metal PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿214 Mil. Porn Prom Metal PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿2,284 Mil. Therefore, Porn Prom Metal PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.35%.
The historical rank and industry rank for Porn Prom Metal PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:PPM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.55 Med: 2.16 Max: 8.1
Current: 5.66
During the past 13 years, Porn Prom Metal PCL's highest Return-on-Tangible-Asset was 8.10%. The lowest was -0.55%. And the median was 2.16%.
BKK:PPM's Return-on-Tangible-Asset is ranked better than 63.29% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.01
vs BKK:PPM: 5.66
Porn Prom Metal PCL (BKK:PPM) 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.
Porn Prom Metal PCL Return-on-Tangible-Asset Related Terms
Porn Prom Metal PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Porn Prom Metal 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.
Porn Prom Metal PCL Return-on-Tangible-Asset Chart
BKK:PPM vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Porn Prom Metal 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.
Porn Prom Metal PCL Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Porn Prom Metal PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Porn Prom Metal 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 9.35% mean?
Porn Prom Metal PCL (BKK:PPM) has a Return-on-Tangible-Asset of 9.35% 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 Porn Prom Metal PCL and its competitors. This is 333% above median its historical median of 2.16. According to the industry distribution chart, Porn Prom Metal PCL ranks #58 out of 158 companies in the Industrial Distribution industry, placing it in the top 36.7%.
Is Porn Prom Metal PCL's Return-on-Tangible-Asset too high?
Porn Prom Metal PCL's current Return-on-Tangible-Asset of 9.35% is 333% above median its 10-year median of 2.16. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Porn Prom Metal PCL's value of 9.35% is 133.2% above this industry median. Based on the distribution chart, Porn Prom Metal PCL ranks #58 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Porn Prom Metal PCL has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Porn Prom Metal PCL's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Porn Prom Metal PCL ranks #58 out of 158 companies for Return-on-Tangible-Asset. This puts Porn Prom Metal PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Porn Prom Metal PCL's value of 9.35% is 133.2% above this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 4.01, Porn Prom Metal 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. Porn Prom Metal PCL's current Return-on-Tangible-Asset of 9.35% is 133.2% 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 Porn Prom Metal 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. Porn Prom Metal PCL's current Return-on-Tangible-Asset is 9.35%, which is 333% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porn Prom Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Porn Prom Metal PCL (BKK:PPM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.82, compared to a current price of ฿2.08 — trading 14.3% above its estimated fair value. The current Return-on-Tangible-Asset is 9.35%, which is 333% above median its 10-year median of 2.16 and 133.2% above the Industrial Distribution industry median of 4.01. Porn Prom Metal PCL's overall GF Score™ is 74/100 with 6 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 Porn Prom Metal PCL (BKK:PPM), the current Return-on-Tangible-Asset is 9.35% 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 Porn Prom Metal PCL (BKK:PPM) Overvalued in 2026?
Based on GuruFocus' analysis, Porn Prom Metal PCL stock appears to be overvalued.
The current stock price of ฿2.08 is trading 14.3% above its estimated GF Value™ of ฿1.82.
GuruFocus considers Porn Prom Metal PCL to be Modestly Overvalued.
Key valuation signals for BKK:PPM:
Return-on-Tangible-Asset: 9.35% (333% above median its 10-year median of 2.16)
GF Value™: ฿1.82 vs. price of ฿2.08 (14.3% above fair value)
Industry Position: 133.2% above the Industrial Distribution median (#58 of 158)
No single metric tells the full story. See the BKK:PPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porn Prom Metal PCL is involved in distributing metal products such as brass, copper, stainless, aluminum and hotel and restaurant and entertainment center (Community mall). It has three principal segments: Sales of raw material for industry, production, and sales of flexible packaging and provide service for design, supply, and installation of electricity by using alternative energy and assemble solar cells for export; and sales of construction material; and sales of solar roofs. The company and its subsidiaries have operations in Thailand.
74GF Score
Get the complete analysis for BKK:PPM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:PPM has been successfully added to your 
