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SG Capital PCLBKK:SGC 48 Return-on-Tangible-Asset is 5.01% as of Mar. 2026, which is 42% above its 10-year median of 3.54. GuruFocus rates BKK:SGC with a GF Score™ of 48/100 and a GF Value™ of ฿0.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 548 Credit Services companies, SG Capital PCL ranks better than 70.99% 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. SG Capital PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿705 Mil. SG Capital PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿14,072 Mil. Therefore, SG Capital PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.01%.
The historical rank and industry rank for SG Capital PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:SGC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.58 Med: 3.54 Max: 7.77
Current: 3.74
During the past 7 years, SG Capital PCL's highest Return-on-Tangible-Asset was 7.77%. The lowest was -14.58%. And the median was 3.54%.
BKK:SGC's Return-on-Tangible-Asset is ranked better than 70.99% of 548
companies
in the Credit Services industry
Industry Median: 1.94
vs BKK:SGC: 3.74
SG Capital PCL (BKK:SGC) 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.
SG Capital PCL Return-on-Tangible-Asset Related Terms
SG Capital PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SG Capital 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:SGC vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, SG Capital 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.
SG Capital PCL Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SG Capital PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SG Capital 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 5.01% mean?
SG Capital PCL (BKK:SGC) has a Return-on-Tangible-Asset of 5.01% 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 SG Capital PCL and its competitors. This is 42% above median its historical median of 3.54. According to the industry distribution chart, SG Capital PCL ranks #159 out of 548 companies in the Credit Services industry, placing it in the top 29%.
Is SG Capital PCL's Return-on-Tangible-Asset too high?
SG Capital PCL's current Return-on-Tangible-Asset of 5.01% is 42% above median its 10-year median of 3.54. The Credit Services industry median Return-on-Tangible-Asset is 1.94. SG Capital PCL's value of 5.01% is 158.2% above this industry median. Based on the distribution chart, SG Capital PCL ranks #159 out of 548 companies in the Credit Services industry, which is above the industry midpoint. Overall, SG Capital PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Capital PCL's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, SG Capital PCL ranks #159 out of 548 companies for Return-on-Tangible-Asset. This puts SG Capital PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.94. SG Capital PCL's value of 5.01% is 158.2% above this benchmark. While the company's 10-year median is 3.54 vs. the industry median of 1.94, SG Capital 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. SG Capital PCL's current Return-on-Tangible-Asset of 5.01% is 158.2% 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 SG Capital 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. SG Capital PCL's current Return-on-Tangible-Asset is 5.01%, which is 42% above median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, SG Capital PCL (BKK:SGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.92, compared to a current price of ฿1.75 — trading 90.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.01%, which is 42% above median its 10-year median of 3.54 and 158.2% above the Credit Services industry median of 1.94. SG Capital PCL's overall GF Score™ is 48/100 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 SG Capital PCL (BKK:SGC), the current Return-on-Tangible-Asset is 5.01% 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 SG Capital PCL (BKK:SGC) Overvalued in 2026?
Based on GuruFocus' analysis, SG Capital PCL stock appears to be overvalued.
The current stock price of ฿1.75 is trading 90.2% above its estimated GF Value™ of ฿0.92.
GuruFocus considers SG Capital PCL to be Significantly Overvalued.
Key valuation signals for BKK:SGC:
Return-on-Tangible-Asset: 5.01% (42% above median its 10-year median of 3.54)
GF Value™: ฿0.92 vs. price of ฿1.75 (90.2% above fair value)
Industry Position: 158.2% above the Credit Services median (#159 of 548)
No single metric tells the full story. See the BKK:SGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SG Capital PCL is engaged in providing financial services to non-financial institutions. It involves sales by hire purchase contracts of electrical appliances, commercial product, mobile phones and vehicles, and loan receivables and others. The company offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.
48GF Score
Get the complete analysis for BKK:SGC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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