BKK:PROSPECT's Return-on-Tangible-Asset is ranked better than 79.68% of 940
companies
in the REITs industry
Industry Median: 3.235
vs BKK:PROSPECT: 7.80
Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) 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.
Prospect Logistics and Industrial Freehold and Leasehold REIT Return-on-Tangible-Asset Related Terms
Prospect Logistics and Industrial Freehold and Leasehold REIT 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.
Prospect Logistics and Industrial Freehold and Leasehold REIT Return-on-Tangible-Asset Chart
Prospect Logistics and Industrial Freehold and Leasehold REIT Annual Data
* 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.
Prospect Logistics and Industrial Freehold and Leasehold REIT Return-on-Tangible-Asset vs REITs Industry
* 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 6.95% mean?
Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) has a Return-on-Tangible-Asset of 6.95% 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 Prospect Logistics and Industrial Freehold and Leasehold REIT and its competitors. This is 22% above median its historical median of 5.71. Over the past decade, Prospect Logistics and Industrial Freehold and Leasehold REIT's Return-on-Tangible-Asset has ranged from 5.31 to 7.80. According to the industry distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #191 out of 940 companies in the REITs industry, placing it in the top 20.3%.
Is Prospect Logistics and Industrial Freehold and Leasehold REIT's Return-on-Tangible-Asset too high?
Prospect Logistics and Industrial Freehold and Leasehold REIT's current Return-on-Tangible-Asset of 6.95% is 22% above median its 10-year median of 5.71. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 7.80. The REITs industry median Return-on-Tangible-Asset is 3.24. Prospect Logistics and Industrial Freehold and Leasehold REIT's value of 6.95% is 114.8% above this industry median. Based on the distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #191 out of 940 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Prospect Logistics and Industrial Freehold and Leasehold REIT has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prospect Logistics and Industrial Freehold and Leasehold REIT's Return-on-Tangible-Asset compare to PLD and PSA?
According to the REITs industry distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #191 out of 940 companies for Return-on-Tangible-Asset. This places Prospect Logistics and Industrial Freehold and Leasehold REIT in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Prospect Logistics and Industrial Freehold and Leasehold REIT's value of 6.95% is 114.8% above this benchmark. Historically, Prospect Logistics and Industrial Freehold and Leasehold REIT's own Return-on-Tangible-Asset has ranged from 5.31 to 7.80 over the past decade. While the company's 10-year median is 5.71 vs. the industry median of 3.24, Prospect Logistics and Industrial Freehold and Leasehold REIT 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.24, based on 940 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. Prospect Logistics and Industrial Freehold and Leasehold REIT's current Return-on-Tangible-Asset of 6.95% is 114.8% 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 Prospect Logistics and Industrial Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prospect Logistics and Industrial Freehold and Leasehold REIT's current Return-on-Tangible-Asset is 6.95%, which is 22% above median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prospect Logistics and Industrial Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.44, compared to a current price of ฿10.80 — trading 28% above its estimated fair value. The current Return-on-Tangible-Asset is 6.95%, which is 22% above median its 10-year median of 5.71 and 114.8% above the REITs industry median of 3.24. Prospect Logistics and Industrial Freehold and Leasehold REIT's overall GF Score™ is 49/100 with 11 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 Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT), the current Return-on-Tangible-Asset is 6.95% 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 Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Overvalued in 2026?
Based on GuruFocus' analysis, Prospect Logistics and Industrial Freehold and Leasehold REIT stock appears to be overvalued.
The current stock price of ฿10.80 is trading 28% above its estimated GF Value™ of ฿8.44.
GuruFocus considers Prospect Logistics and Industrial Freehold and Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:PROSPECT:
Return-on-Tangible-Asset: 6.95% (22% above median its 10-year median of 5.71)
GF Value™: ฿8.44 vs. price of ฿10.80 (28% above fair value)
Industry Position: 114.8% above the REITs median (#191 of 940)
No single metric tells the full story. See the BKK:PROSPECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prospect Logistics and Industrial Freehold and Leasehold REIT Business Description
Prospect Logistics and Industrial Freehold and Leasehold REIT is a real estate investment trust operating as a closed-end trust, and mainly invests in factory and warehouse space for rent. The company's investment portfolio consists of the following projects: Sub-leasehold rights of parts of land and buildings in the Bangkok Free Trade Zone 1 (BFTZ 1); the ownership over the land and built-to-suit factory and office building in the X44 Bangna Km.18; Leasehold right of parts of the land and ownership over parts of the buildings in Bangkok Free Trade Zone 2 (BFTZ 2); and Ownership over parts of the land and buildings in Bangkok Free Trade Zone 3 (BFTZ 3). Prospect generates primary revenue from the leasing of warehouse and factory buildings.
49GF Score
Get the complete analysis for BKK:PROSPECT
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:PROSPECT has been successfully added to your 
