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Siam Steel International PCLBKK:SIAM -2.56%45 Return-on-Tangible-Asset is 0.97% as of Mar. 2026, which is 1517% above its 10-year median of 0.06. GuruFocus rates BKK:SIAM with a GF Score™ of 45/100 and a GF Value™ of ฿0.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Siam Steel International PCL ranks worse than 61.06% on this metric.
The historical rank and industry rank for Siam Steel International PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:SIAM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.76 Med: 0.06 Max: 5.57
Current: 0.93
During the past 13 years, Siam Steel International PCL's highest Return-on-Tangible-Asset was 5.57%. The lowest was -2.76%. And the median was 0.06%.
BKK:SIAM's Return-on-Tangible-Asset is ranked worse than 61.06% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.335
vs BKK:SIAM: 0.93
Siam Steel International PCL (BKK:SIAM) 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.
Siam Steel International PCL Return-on-Tangible-Asset Related Terms
Siam Steel International 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.
Siam Steel International PCL Return-on-Tangible-Asset Chart
BKK:SIAM vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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.
Siam Steel International PCL Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Siam Steel International 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 0.97% mean?
Siam Steel International PCL (BKK:SIAM) has a Return-on-Tangible-Asset of 0.97% 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 Siam Steel International PCL and its competitors. This is 1517% above median its historical median of 0.06. According to the industry distribution chart, Siam Steel International PCL ranks #265 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 61.1%.
Is Siam Steel International PCL's Return-on-Tangible-Asset too high?
Siam Steel International PCL's current Return-on-Tangible-Asset of 0.97% is 1517% above median its 10-year median of 0.06. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.34. Siam Steel International PCL's value of 0.97% is 58.5% below this industry median. Based on the distribution chart, Siam Steel International PCL ranks #265 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Siam Steel International PCL has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Siam Steel International PCL ranks #265 out of 434 companies for Return-on-Tangible-Asset. This places Siam Steel International PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.34. Siam Steel International PCL's value of 0.97% is 58.5% below this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 2.34, Siam Steel International PCL has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.34, based on 434 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. Siam Steel International PCL's current Return-on-Tangible-Asset of 0.97% is 58.5% below 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 Siam Steel International PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel International PCL's current Return-on-Tangible-Asset is 0.97%, which is 1517% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.67, compared to a current price of ฿0.76 — trading 13.4% above its estimated fair value. The current Return-on-Tangible-Asset is 0.97%, which is 1517% above median its 10-year median of 0.06 and 58.5% below the Furnishings, Fixtures & Appliances industry median of 2.34. Siam Steel International PCL's overall GF Score™ is 45/100 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 Siam Steel International PCL (BKK:SIAM), the current Return-on-Tangible-Asset is 0.97% 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 Siam Steel International PCL (BKK:SIAM) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued.
The current stock price of ฿0.76 is trading 13.4% above its estimated GF Value™ of ฿0.67.
GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.
Key valuation signals for BKK:SIAM:
Return-on-Tangible-Asset: 0.97% (1517% above median its 10-year median of 0.06)
GF Value™: ฿0.67 vs. price of ฿0.76 (13.4% above fair value)
Industry Position: 58.5% below the Furnishings, Fixtures & Appliances median (#265 of 434)
No single metric tells the full story. See the BKK:SIAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
45GF Score
Get the complete analysis for BKK:SIAM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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