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Premier Quality Starch PCLBKK:PQS +2.86%81 Return-on-Tangible-Asset is 2.72% as of Mar. 2026, which is 63% below its 10-year median of 7.42. GuruFocus rates BKK:PQS with a GF Score™ of 81/100 and a GF Value™ of ฿2.05 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,995 Consumer Packaged Goods companies, Premier Quality Starch PCL ranks worse than 81.9% 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. Premier Quality Starch PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿79 Mil. Premier Quality Starch PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿2,918 Mil. Therefore, Premier Quality Starch PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.72%.
The historical rank and industry rank for Premier Quality Starch PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:PQS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.95 Med: 7.42 Max: 21.58
Current: -3.95
During the past 6 years, Premier Quality Starch PCL's highest Return-on-Tangible-Asset was 21.58%. The lowest was -3.95%. And the median was 7.42%.
BKK:PQS's Return-on-Tangible-Asset is ranked worse than 81.9% of 1995
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs BKK:PQS: -3.95
Premier Quality Starch PCL (BKK:PQS) 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.
Premier Quality Starch PCL Return-on-Tangible-Asset Related Terms
Premier Quality Starch 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.
Premier Quality Starch PCL Return-on-Tangible-Asset Chart
BKK:PQS vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Premier Quality Starch 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.
Premier Quality Starch PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Premier Quality Starch PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Premier Quality Starch 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 2.72% mean?
Premier Quality Starch PCL (BKK:PQS) has a Return-on-Tangible-Asset of 2.72% 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 Premier Quality Starch PCL and its competitors. This is 63% below median its historical median of 7.42. According to the industry distribution chart, Premier Quality Starch PCL ranks #1634 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 81.9%.
Is Premier Quality Starch PCL's Return-on-Tangible-Asset too high?
Premier Quality Starch PCL's current Return-on-Tangible-Asset of 2.72% is 63% below median its 10-year median of 7.42. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. Premier Quality Starch PCL's value of 2.72% is 22.7% below this industry median. Based on the distribution chart, Premier Quality Starch PCL ranks #1634 out of 1995 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Premier Quality Starch PCL has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Premier Quality Starch PCL's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Premier Quality Starch PCL ranks #1634 out of 1995 companies for Return-on-Tangible-Asset. This places Premier Quality Starch PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.52. Premier Quality Starch PCL's value of 2.72% is 22.7% below this benchmark. While the company's 10-year median is 7.42 vs. the industry median of 3.52, Premier Quality Starch 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,995 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. Premier Quality Starch PCL's current Return-on-Tangible-Asset of 2.72% is 22.7% 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 Premier Quality Starch PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Quality Starch PCL's current Return-on-Tangible-Asset is 2.72%, which is 63% below median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Quality Starch PCL stock overvalued right now?
Based on GuruFocus' analysis, Premier Quality Starch PCL (BKK:PQS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.05, compared to a current price of ฿1.44 — trading 29.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.72%, which is 63% below median its 10-year median of 7.42 and 22.7% below the Consumer Packaged Goods industry median of 3.52. Premier Quality Starch PCL's overall GF Score™ is 81/100 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 Premier Quality Starch PCL (BKK:PQS), the current Return-on-Tangible-Asset is 2.72% 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 Premier Quality Starch PCL (BKK:PQS) Overvalued in 2026?
Based on GuruFocus' analysis, Premier Quality Starch PCL stock appears to be undervalued.
The current stock price of ฿1.44 is trading 29.8% below its estimated GF Value™ of ฿2.05.
GuruFocus considers Premier Quality Starch PCL to be Possible Value Trap.
Key valuation signals for BKK:PQS:
Return-on-Tangible-Asset: 2.72% (63% below median its 10-year median of 7.42)
GF Value™: ฿2.05 vs. price of ฿1.44 (29.8% below fair value)
Industry Position: 22.7% below the Consumer Packaged Goods median (#1634 of 1995)
No single metric tells the full story. See the BKK:PQS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premier Quality Starch PCL is engaged in the manufacturing and distribution of native starch, modified starch, and all kind of processed starch. The company is also engaged in The production and distribution of electricity generated from biogas and rooftop solar power. Its segments include Production of tapioca starch and production and distribution of electricity generated from biogas and rooftop solar power and transport and logistic services. The majority of revenue is derived from the Production and distribution of tapioca starch. Geographically the company operates in Thailand.
81GF Score
Get the complete analysis for BKK:PQS
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