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Prime Road Power PCLBKK:PRIME Return-on-Tangible-Asset is 19.28% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Prime Road Power PCL ranks better than 51.22% 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. Prime Road Power PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿1,170.6 Mil. Prime Road Power PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿6,070.9 Mil. Therefore, Prime Road Power PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.28%.
The historical rank and industry rank for Prime Road Power PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:PRIME'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -57.99 Med: -0.34 Max: 8.16
Current: 1.36
During the past 13 years, Prime Road Power PCL's highest Return-on-Tangible-Asset was 8.16%. The lowest was -57.99%. And the median was -0.34%.
BKK:PRIME's Return-on-Tangible-Asset is ranked better than 51.22% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29
vs BKK:PRIME: 1.36
Prime Road Power PCL (BKK:PRIME) 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.
Prime Road Power PCL Return-on-Tangible-Asset Related Terms
Prime Road Power PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Prime Road Power 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.
Prime Road Power PCL Return-on-Tangible-Asset Chart
Prime Road Power PCL Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Prime Road Power 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.
Prime Road Power PCL Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Prime Road Power PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Prime Road Power 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 19.28% mean?
Prime Road Power PCL (BKK:PRIME) has a Return-on-Tangible-Asset of 19.28% 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 Prime Road Power PCL and its competitors. According to the industry distribution chart, Prime Road Power PCL ranks #219 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 48.8%.
Is Prime Road Power PCL's Return-on-Tangible-Asset too high?
Prime Road Power PCL's current Return-on-Tangible-Asset is 19.28%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Prime Road Power PCL's value of 19.28% is 1394.6% above this industry median. Based on the distribution chart, Prime Road Power PCL ranks #219 out of 449 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint.
How does Prime Road Power PCL's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Prime Road Power PCL ranks #219 out of 449 companies for Return-on-Tangible-Asset. This puts Prime Road Power PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.29. Prime Road Power PCL's value of 19.28% is 1394.6% above this benchmark. 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.29, based on 449 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. Prime Road Power PCL's current Return-on-Tangible-Asset of 19.28% is 1394.6% 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 Prime Road Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Road Power PCL's current Return-on-Tangible-Asset is 19.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Road Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Prime Road Power PCL (BKK:PRIME) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.06 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Asset is 19.28% and 1394.6% above the Utilities - Independent Power Producers industry median of 1.29. 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 Prime Road Power PCL (BKK:PRIME), the current Return-on-Tangible-Asset is 19.28% 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.
Prime Road Power PCL is a renewable energy project developer. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises, both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.
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