Sabina PCL (BKK:SABINA) Return-on-Tangible-Asset: 17.13% (As of Mar. 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:SABINA Sabina PCL BKK:SABINA
95 GF Score
Price ฿15.80
GF Value ฿19.69
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sabina PCL Return-on-Tangible-Asset?

Sabina PCL BKK:SABINA +0.64% 95 Return-on-Tangible-Asset is 17.13% as of Mar. 2026, which is 17% above its 10-year median of 14.64. GuruFocus rates BKK:SABINA with a GF Score™ of 95/100 and a GF Value™ of ฿19.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Sabina PCL ranks better than 96.72% 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. Sabina PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿412 Mil. Sabina PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿2,406 Mil. Therefore, Sabina PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.13%.

The historical rank and industry rank for Sabina PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:SABINA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.94   Med: 14.64   Max: 17.08
Current: 17.08

During the past 13 years, Sabina PCL's highest Return-on-Tangible-Asset was 17.08%. The lowest was 7.94%. And the median was 14.64%.

BKK:SABINA's Return-on-Tangible-Asset is ranked better than
96.72% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.995 vs BKK:SABINA: 17.08

Sabina PCL  (BKK:SABINA) 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 company’s 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 company’s 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.


Sabina PCL Return-on-Tangible-Asset Related Terms


Sabina PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sabina 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.

Sabina PCL Return-on-Tangible-Asset Chart

Sabina PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.74 15.43 16.58 16.92 16.41

Sabina PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.81 16.32 16.67 18.95 17.13

BKK:SABINA vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Sabina 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.


Sabina PCL Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sabina PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sabina PCL's Return-on-Tangible-Asset falls into.


BKK:SABINA
95GF Score
Sabina PCL BKK:SABINA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sabina PCL Return-on-Tangible-Asset Calculation

Sabina PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=410.76/( (2629.935+2376.289)/ 2 )
=410.76/2503.112
=16.41 %

Sabina PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=412.128/( (2376.289+2436.068)/ 2 )
=412.128/2406.1785
=17.13 %

* 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 17.13% mean?
Sabina PCL (BKK:SABINA) has a Return-on-Tangible-Asset of 17.13% 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 Sabina PCL and its competitors. This is 17% above median its historical median of 14.64. Over the past decade, Sabina PCL's Return-on-Tangible-Asset has ranged from 7.94 to 17.08. According to the industry distribution chart, Sabina PCL ranks #35 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.3%.
Is Sabina PCL's Return-on-Tangible-Asset too high?
Sabina PCL's current Return-on-Tangible-Asset of 17.13% is 17% above median its 10-year median of 14.64. Over the past 10 years, this metric has ranged from a low of 7.94 to a high of 17.08. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Sabina PCL's value of 17.13% is 758.6% above this industry median. Based on the distribution chart, Sabina PCL ranks #35 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Sabina PCL has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sabina PCL's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sabina PCL ranks #35 out of 1068 companies for Return-on-Tangible-Asset. This places Sabina PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.00. Sabina PCL's value of 17.13% is 758.6% above this benchmark. Historically, Sabina PCL's own Return-on-Tangible-Asset has ranged from 7.94 to 17.08 over the past decade. While the company's 10-year median is 14.64 vs. the industry median of 2.00, Sabina 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,068 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. Sabina PCL's current Return-on-Tangible-Asset of 17.13% is 758.6% 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 Sabina PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabina PCL's current Return-on-Tangible-Asset is 17.13%, which is 17% above median its own 10-year median of 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabina PCL stock overvalued right now?
Based on GuruFocus' analysis, Sabina PCL (BKK:SABINA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿19.69, compared to a current price of ฿15.80 — trading 19.8% below its estimated fair value. The current Return-on-Tangible-Asset is 17.13%, which is 17% above median its 10-year median of 14.64 and 758.6% above the Manufacturing - Apparel & Accessories industry median of 2.00. Sabina PCL's overall GF Score™ is 95/100 with 2 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 Sabina PCL (BKK:SABINA), the current Return-on-Tangible-Asset is 17.13% 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 Sabina PCL (BKK:SABINA) Overvalued in 2026?

Based on GuruFocus' analysis, Sabina PCL stock appears to be undervalued. The current stock price of ฿15.80 is trading 19.8% below its estimated GF Value™ of ฿19.69. GuruFocus considers Sabina PCL to be Modestly Undervalued.

Key valuation signals for BKK:SABINA:

  • Return-on-Tangible-Asset: 17.13% (17% above median its 10-year median of 14.64)
  • GF Value™: ฿19.69 vs. price of ฿15.80 (19.8% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 758.6% above the Manufacturing - Apparel & Accessories median (#35 of 1068)

No single metric tells the full story. See the BKK:SABINA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sabina PCL Business Description

Address 177 Moo 8, Wang Kaituen Sub-district, Han- ka District, Chai-nart Province, Bangkok, THA, 17130
Sabina PCL is a Thailand-based company that is engaged in producing and distributing readymade clothes, of which the main product is lady's underwear. The company also operates its own shops. Its products category are bras, panties, shapewear, sport and swim, special bra and others, etc.
95GF Score

Get the complete analysis for BKK:SABINA

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿15.80
Price
฿19.69
GF Value