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Prima Marine PCLBKK:PRM +4.81%94 Return-on-Tangible-Asset is 11.56% as of Mar. 2026, which is 12% above its 10-year median of 10.33. GuruFocus rates BKK:PRM with a GF Score™ of 94/100 and a GF Value™ of ฿7.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,025 Oil & Gas companies, Prima Marine PCL ranks better than 83.8% 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. Prima Marine PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿2,486 Mil. Prima Marine PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿21,506 Mil. Therefore, Prima Marine PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.56%.
The historical rank and industry rank for Prima Marine PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:PRM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.99 Med: 10.33 Max: 12.73
Current: 9.33
During the past 12 years, Prima Marine PCL's highest Return-on-Tangible-Asset was 12.73%. The lowest was 6.99%. And the median was 10.33%.
BKK:PRM's Return-on-Tangible-Asset is ranked better than 83.8% of 1025
companies
in the Oil & Gas industry
Industry Median: 2.09
vs BKK:PRM: 9.33
Prima Marine PCL (BKK:PRM) 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.
Prima Marine PCL Return-on-Tangible-Asset Related Terms
Prima Marine PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Prima Marine 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.
BKK:PRM vs WMB, EPD, KMI: Return-on-Tangible-Asset Comparison
For the Oil & Gas Midstream subindustry, Prima Marine 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.
Prima Marine PCL Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Prima Marine PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Prima Marine 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 11.56% mean?
Prima Marine PCL (BKK:PRM) has a Return-on-Tangible-Asset of 11.56% 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 Prima Marine PCL and its competitors. This is 12% above median its historical median of 10.33. Over the past decade, Prima Marine PCL's Return-on-Tangible-Asset has ranged from 6.99 to 12.73. According to the industry distribution chart, Prima Marine PCL ranks #166 out of 1025 companies in the Oil & Gas industry, placing it in the top 16.2%.
Is Prima Marine PCL's Return-on-Tangible-Asset too high?
Prima Marine PCL's current Return-on-Tangible-Asset of 11.56% is 12% above median its 10-year median of 10.33. Over the past 10 years, this metric has ranged from a low of 6.99 to a high of 12.73. The Oil & Gas industry median Return-on-Tangible-Asset is 2.09. Prima Marine PCL's value of 11.56% is 453.1% above this industry median. Based on the distribution chart, Prima Marine PCL ranks #166 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Prima Marine PCL has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prima Marine PCL's Return-on-Tangible-Asset compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Prima Marine PCL ranks #166 out of 1025 companies for Return-on-Tangible-Asset. This places Prima Marine PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.09. Prima Marine PCL's value of 11.56% is 453.1% above this benchmark. Historically, Prima Marine PCL's own Return-on-Tangible-Asset has ranged from 6.99 to 12.73 over the past decade. While the company's 10-year median is 10.33 vs. the industry median of 2.09, Prima Marine 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 Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.09, based on 1,025 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. Prima Marine PCL's current Return-on-Tangible-Asset of 11.56% is 453.1% 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 Prima Marine PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Marine PCL's current Return-on-Tangible-Asset is 11.56%, which is 12% above median its own 10-year median of 10.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Prima Marine PCL (BKK:PRM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.89, compared to a current price of ฿9.80 — trading 24.2% above its estimated fair value. The current Return-on-Tangible-Asset is 11.56%, which is 12% above median its 10-year median of 10.33 and 453.1% above the Oil & Gas industry median of 2.09. Prima Marine PCL's overall GF Score™ is 94/100 with 8 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 Prima Marine PCL (BKK:PRM), the current Return-on-Tangible-Asset is 11.56% 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 Prima Marine PCL (BKK:PRM) Overvalued in 2026?
Based on GuruFocus' analysis, Prima Marine PCL stock appears to be overvalued.
The current stock price of ฿9.80 is trading 24.2% above its estimated GF Value™ of ฿7.89.
GuruFocus considers Prima Marine PCL to be Modestly Overvalued.
Key valuation signals for BKK:PRM:
Return-on-Tangible-Asset: 11.56% (12% above median its 10-year median of 10.33)
GF Value™: ฿7.89 vs. price of ฿9.80 (24.2% above fair value)
Industry Position: 453.1% above the Oil & Gas median (#166 of 1025)
No single metric tells the full story. See the BKK:PRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prima Marine PCL is engaged in the marine transportation of petroleum and chemical products and in providing services that support offshore petroleum exploration and production, along with ship management. The company operates through four segments: marine transportation of petroleum and chemical products; storage of petroleum products; services supporting offshore exploration and production, including transportation of personnel and equipment and accommodation work barges; and ship management and related services such as ship agency, crew recruitment and transportation, operational support, business administration, procurement, marketing, financial consulting, and technical support. The company generates the majority of its revenue from Thailand.
94GF Score
Get the complete analysis for BKK:PRM
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