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Saksiam Leasing PCLBKK:SAK +4.22%78 Return-on-Tangible-Asset is 5.88% as of Mar. 2026, which is 8% below its 10-year median of 6.39. GuruFocus rates BKK:SAK with a GF Score™ of 78/100 and a GF Value™ of ฿4.96 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 548 Credit Services companies, Saksiam Leasing PCL ranks better than 82.66% 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. Saksiam Leasing PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿918 Mil. Saksiam Leasing PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿15,627 Mil. Therefore, Saksiam Leasing PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.88%.
The historical rank and industry rank for Saksiam Leasing PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:SAK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.31 Med: 6.39 Max: 7.08
Current: 5.62
During the past 8 years, Saksiam Leasing PCL's highest Return-on-Tangible-Asset was 7.08%. The lowest was 5.31%. And the median was 6.39%.
BKK:SAK's Return-on-Tangible-Asset is ranked better than 82.66% of 548
companies
in the Credit Services industry
Industry Median: 1.94
vs BKK:SAK: 5.62
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.
Saksiam Leasing PCL Return-on-Tangible-Asset Related Terms
Saksiam Leasing PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for Saksiam Leasing 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:SAK vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Saksiam Leasing 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.
Saksiam Leasing PCL Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Saksiam Leasing PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Saksiam Leasing 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 5.88% mean?
Saksiam Leasing PCL (BKK:SAK) has a Return-on-Tangible-Asset of 5.88% 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 Saksiam Leasing PCL and its competitors. This is near median its historical median of 6.39. Over the past decade, Saksiam Leasing PCL's Return-on-Tangible-Asset has ranged from 5.31 to 7.08. According to the industry distribution chart, Saksiam Leasing PCL ranks #95 out of 548 companies in the Credit Services industry, placing it in the top 17.3%.
Is Saksiam Leasing PCL's Return-on-Tangible-Asset too high?
Saksiam Leasing PCL's current Return-on-Tangible-Asset of 5.88% is near median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 7.08. The Credit Services industry median Return-on-Tangible-Asset is 1.94. Saksiam Leasing PCL's value of 5.88% is 203.1% above this industry median. Based on the distribution chart, Saksiam Leasing PCL ranks #95 out of 548 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Saksiam Leasing PCL has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saksiam Leasing PCL's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Saksiam Leasing PCL ranks #95 out of 548 companies for Return-on-Tangible-Asset. This places Saksiam Leasing PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.94. Saksiam Leasing PCL's value of 5.88% is 203.1% above this benchmark. Historically, Saksiam Leasing PCL's own Return-on-Tangible-Asset has ranged from 5.31 to 7.08 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 1.94, Saksiam Leasing 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.94, based on 548 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. Saksiam Leasing PCL's current Return-on-Tangible-Asset of 5.88% is 203.1% 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 Saksiam Leasing PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saksiam Leasing PCL's current Return-on-Tangible-Asset is 5.88%, which is near median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saksiam Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Saksiam Leasing PCL (BKK:SAK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.96, compared to a current price of ฿3.46 — trading 30.2% below its estimated fair value. The current Return-on-Tangible-Asset is 5.88%, which is near median its 10-year median of 6.39 and 203.1% above the Credit Services industry median of 1.94. Saksiam Leasing PCL's overall GF Score™ is 78/100 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 Saksiam Leasing PCL (BKK:SAK), the current Return-on-Tangible-Asset is 5.88% 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 Saksiam Leasing PCL (BKK:SAK) Overvalued in 2026?
Based on GuruFocus' analysis, Saksiam Leasing PCL stock appears to be undervalued.
The current stock price of ฿3.46 is trading 30.2% below its estimated GF Value™ of ฿4.96.
GuruFocus considers Saksiam Leasing PCL to be Possible Value Trap.
Key valuation signals for BKK:SAK:
Return-on-Tangible-Asset: 5.88% (near median its 10-year median of 6.39)
GF Value™: ฿4.96 vs. price of ฿3.46 (30.2% below fair value)
Industry Position: 203.1% above the Credit Services median (#95 of 548)
No single metric tells the full story. See the BKK:SAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saksiam Leasing PCL is principally engaged in financial services, specifically personal loans, secured loans, nano finance under supervision, and hire-purchase loans, as well as the sale of drone equipment and agricultural drones, and the production and sale of solar energy under its renewable energy business. The company's reportable segments consist of hire-purchase and personal loans, which generate the majority of revenue, and others.
78GF Score
Get the complete analysis for BKK:SAK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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