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Southern Concrete Pile PCLBKK:SCP -1.06%88 Return-on-Tangible-Asset is 13.93% as of Mar. 2026, which is 33% above its 10-year median of 10.51. GuruFocus rates BKK:SCP with a GF Score™ of 88/100 and a GF Value™ of ฿8.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 412 Building Materials companies, Southern Concrete Pile PCL ranks better than 89.32% 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. Southern Concrete Pile PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿390 Mil. Southern Concrete Pile PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿2,798 Mil. Therefore, Southern Concrete Pile PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.93%.
The historical rank and industry rank for Southern Concrete Pile PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:SCP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.3 Med: 10.51 Max: 13.51
Current: 11.02
During the past 13 years, Southern Concrete Pile PCL's highest Return-on-Tangible-Asset was 13.51%. The lowest was 3.30%. And the median was 10.51%.
BKK:SCP's Return-on-Tangible-Asset is ranked better than 89.32% of 412
companies
in the Building Materials industry
Industry Median: 2.375
vs BKK:SCP: 11.02
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.
Southern Concrete Pile PCL Return-on-Tangible-Asset Related Terms
Southern Concrete Pile PCL 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.
BKK:SCP vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Southern Concrete Pile 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.
Southern Concrete Pile PCL Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Southern Concrete Pile PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Southern Concrete Pile 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 13.93% mean?
Southern Concrete Pile PCL (BKK:SCP) has a Return-on-Tangible-Asset of 13.93% 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 Southern Concrete Pile PCL and its competitors. This is 33% above median its historical median of 10.51. Over the past decade, Southern Concrete Pile PCL's Return-on-Tangible-Asset has ranged from 3.30 to 13.51. According to the industry distribution chart, Southern Concrete Pile PCL ranks #44 out of 412 companies in the Building Materials industry, placing it in the top 10.7%.
Is Southern Concrete Pile PCL's Return-on-Tangible-Asset too high?
Southern Concrete Pile PCL's current Return-on-Tangible-Asset of 13.93% is 33% above median its 10-year median of 10.51. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 13.51. The Building Materials industry median Return-on-Tangible-Asset is 2.38. Southern Concrete Pile PCL's value of 13.93% is 486.5% above this industry median. Based on the distribution chart, Southern Concrete Pile PCL ranks #44 out of 412 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Concrete Pile PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Concrete Pile PCL's Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southern Concrete Pile PCL ranks #44 out of 412 companies for Return-on-Tangible-Asset. This places Southern Concrete Pile PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.38. Southern Concrete Pile PCL's value of 13.93% is 486.5% above this benchmark. Historically, Southern Concrete Pile PCL's own Return-on-Tangible-Asset has ranged from 3.30 to 13.51 over the past decade. While the company's 10-year median is 10.51 vs. the industry median of 2.38, Southern Concrete Pile 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.38, based on 412 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. Southern Concrete Pile PCL's current Return-on-Tangible-Asset of 13.93% is 486.5% 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 Southern Concrete Pile PCL and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Concrete Pile PCL's current Return-on-Tangible-Asset is 13.93%, which is 33% above median its own 10-year median of 10.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Concrete Pile PCL stock overvalued right now?
Based on GuruFocus' analysis, Southern Concrete Pile PCL (BKK:SCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.07, compared to a current price of ฿9.35 — trading 15.9% above its estimated fair value. The current Return-on-Tangible-Asset is 13.93%, which is 33% above median its 10-year median of 10.51 and 486.5% above the Building Materials industry median of 2.38. Southern Concrete Pile PCL's overall GF Score™ is 88/100 with 6 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 Southern Concrete Pile PCL (BKK:SCP), the current Return-on-Tangible-Asset is 13.93% 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 Southern Concrete Pile PCL (BKK:SCP) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Concrete Pile PCL stock appears to be overvalued.
The current stock price of ฿9.35 is trading 15.9% above its estimated GF Value™ of ฿8.07.
GuruFocus considers Southern Concrete Pile PCL to be Modestly Overvalued.
Key valuation signals for BKK:SCP:
Return-on-Tangible-Asset: 13.93% (33% above median its 10-year median of 10.51)
GF Value™: ฿8.07 vs. price of ฿9.35 (15.9% above fair value)
Industry Position: 486.5% above the Building Materials median (#44 of 412)
No single metric tells the full story. See the BKK:SCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Concrete Pile PCL is engaged in the manufacture and distribution of pre-stressed concrete products. It is involved in a single segment of a Prestressed Concrete product involving manufacturing, sales, services, and installation. The company produces and supplies pre-stressed concrete products including pre-stressed concrete piles, pre-stressed concrete spun piles, precast concrete slabs, pre-stressed plank girders and retaining pre-stressed concrete piles; electricity concrete products, such as pre-stressed concrete poles, pre-stressed concrete cross-arms, pre-stressed concrete stubs, ground anchors and pole foundations, and drainage concrete products. Geographically, it operates in Thailand.
88GF Score
Get the complete analysis for BKK:SCP
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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