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S Hotels and Resorts PCLBKK:SHR +0.60%74 Return-on-Tangible-Asset is 3.28% as of Mar. 2026, which is 8100% above its 10-year median of 0.04. GuruFocus rates BKK:SHR with a GF Score™ of 74/100 and a GF Value™ of ฿2.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 857 Travel & Leisure companies, S Hotels and Resorts PCL ranks worse than 81.56% 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. S Hotels and Resorts PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿1,058 Mil. S Hotels and Resorts PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿32,275 Mil. Therefore, S Hotels and Resorts PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.28%.
The historical rank and industry rank for S Hotels and Resorts PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:SHR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.06 Med: 0.04 Max: 1.41
Current: -4.47
During the past 10 years, S Hotels and Resorts PCL's highest Return-on-Tangible-Asset was 1.41%. The lowest was -9.06%. And the median was 0.04%.
BKK:SHR's Return-on-Tangible-Asset is ranked worse than 81.56% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.83
vs BKK:SHR: -4.47
S Hotels and Resorts PCL (BKK:SHR) 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.
S Hotels and Resorts PCL Return-on-Tangible-Asset Related Terms
S Hotels and Resorts PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for S Hotels and Resorts 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.
S Hotels and Resorts PCL Return-on-Tangible-Asset Chart
BKK:SHR vs LVS, MGM, WYNN: Return-on-Tangible-Asset Comparison
For the Resorts & Casinos subindustry, S Hotels and Resorts 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.
S Hotels and Resorts PCL Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, S Hotels and Resorts PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where S Hotels and Resorts 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 3.28% mean?
S Hotels and Resorts PCL (BKK:SHR) has a Return-on-Tangible-Asset of 3.28% 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 S Hotels and Resorts PCL and its competitors. This is 8100% above median its historical median of 0.04. According to the industry distribution chart, S Hotels and Resorts PCL ranks #699 out of 857 companies in the Travel & Leisure industry, placing it in the top 81.6%.
Is S Hotels and Resorts PCL's Return-on-Tangible-Asset too high?
S Hotels and Resorts PCL's current Return-on-Tangible-Asset of 3.28% is 8100% above median its 10-year median of 0.04. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.83. S Hotels and Resorts PCL's value of 3.28% is 15.9% above this industry median. Based on the distribution chart, S Hotels and Resorts PCL ranks #699 out of 857 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, S Hotels and Resorts PCL has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S Hotels and Resorts PCL's Return-on-Tangible-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, S Hotels and Resorts PCL ranks #699 out of 857 companies for Return-on-Tangible-Asset. This places S Hotels and Resorts PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.83. S Hotels and Resorts PCL's value of 3.28% is 15.9% above this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 2.83, S Hotels and Resorts 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.83, based on 857 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. S Hotels and Resorts PCL's current Return-on-Tangible-Asset of 3.28% is 15.9% 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 S Hotels and Resorts PCL and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S Hotels and Resorts PCL's current Return-on-Tangible-Asset is 3.28%, which is 8100% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Hotels and Resorts PCL stock overvalued right now?
Based on GuruFocus' analysis, S Hotels and Resorts PCL (BKK:SHR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.11, compared to a current price of ฿1.68 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.28%, which is 8100% above median its 10-year median of 0.04 and 15.9% above the Travel & Leisure industry median of 2.83. S Hotels and Resorts PCL's overall GF Score™ is 74/100 with 3 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 S Hotels and Resorts PCL (BKK:SHR), the current Return-on-Tangible-Asset is 3.28% 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 S Hotels and Resorts PCL (BKK:SHR) Overvalued in 2026?
Based on GuruFocus' analysis, S Hotels and Resorts PCL stock appears to be undervalued.
The current stock price of ฿1.68 is trading 20.4% below its estimated GF Value™ of ฿2.11.
GuruFocus considers S Hotels and Resorts PCL to be Modestly Undervalued.
Key valuation signals for BKK:SHR:
Return-on-Tangible-Asset: 3.28% (8100% above median its 10-year median of 0.04)
GF Value™: ฿2.11 vs. price of ฿1.68 (20.4% below fair value)
Industry Position: 15.9% above the Travel & Leisure median (#699 of 857)
No single metric tells the full story. See the BKK:SHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S Hotels and Resorts PCL is engaged in investment, hospitality business, and related businesses in Thailand and overseas. The company operates in five segments; Hospitality business Self-managed (Thailand, Republic of Maldives), Hospitality business Outrigger (Republic of Mauritius, Republic of Fiji), Hospitality business (Republic of Maldives), Hospitality business (United Kingdom), and Holding companies. The revenue of the Group majorly comprises revenue from hotels in respect of service of room, food, and beverage sales and other ancillary services.
74GF Score
Get the complete analysis for BKK:SHR
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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