Singer Thailand PCLBKK:SINGER-W2-R 66 Return-on-Tangible-Asset is 3.44% as of Mar. 2026, which is 87% above its 10-year median of 1.84. GuruFocus rates BKK:SINGER-W2-R with a GF Score™ of 66/100. The stock has 5 warning signs investors should review. Among 544 Credit Services companies, Singer Thailand PCL ranks worse than 52.02% 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. Singer Thailand PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿571.77 Mil. Singer Thailand PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿16,597.51 Mil. Therefore, Singer Thailand PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.44%.
The historical rank and industry rank for Singer Thailand PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:SINGER-W2-R'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.28 Med: 1.84 Max: 5.89
Current: 1.72
During the past 13 years, Singer Thailand PCL's highest Return-on-Tangible-Asset was 5.89%. The lowest was -14.28%. And the median was 1.84%.
BKK:SINGER-W2-R's Return-on-Tangible-Asset is ranked worse than 52.02% of 544
companies
in the Credit Services industry
Industry Median: 1.93
vs BKK:SINGER-W2-R: 1.72
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.
Singer Thailand PCL Return-on-Tangible-Asset Related Terms
Singer Thailand PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for Singer Thailand 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:SINGER-W2-R vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Singer Thailand 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.
Singer Thailand PCL Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Singer Thailand PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Singer Thailand 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 3.44% mean?
Singer Thailand PCL (BKK:SINGER-W2-R) has a Return-on-Tangible-Asset of 3.44% 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 Singer Thailand PCL and its competitors. This is 87% above median its historical median of 1.84. According to the industry distribution chart, Singer Thailand PCL ranks #283 out of 544 companies in the Credit Services industry, placing it in the top 52%.
Is Singer Thailand PCL's Return-on-Tangible-Asset too high?
Singer Thailand PCL's current Return-on-Tangible-Asset of 3.44% is 87% above median its 10-year median of 1.84. The Credit Services industry median Return-on-Tangible-Asset is 1.93. Singer Thailand PCL's value of 3.44% is 78.2% above this industry median. Based on the distribution chart, Singer Thailand PCL ranks #283 out of 544 companies in the Credit Services industry, which is below the industry midpoint. Overall, Singer Thailand PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Singer Thailand PCL's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Singer Thailand PCL ranks #283 out of 544 companies for Return-on-Tangible-Asset. This places Singer Thailand PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.93. Singer Thailand PCL's value of 3.44% is 78.2% above this benchmark. While the company's 10-year median is 1.84 vs. the industry median of 1.93, Singer Thailand 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 1.93, based on 544 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. Singer Thailand PCL's current Return-on-Tangible-Asset of 3.44% is 78.2% 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 Singer Thailand PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singer Thailand PCL's current Return-on-Tangible-Asset is 3.44%, which is 87% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singer Thailand PCL stock overvalued right now?
Singer Thailand PCL (BKK:SINGER-W2-R) has a current Return-on-Tangible-Asset of 3.44%. The current Return-on-Tangible-Asset is 3.44%, which is 87% above median its 10-year median of 1.84 and 78.2% above the Credit Services industry median of 1.93. Singer Thailand PCL's overall GF Score™ is 66/100 with 5 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 Singer Thailand PCL (BKK:SINGER-W2-R), the current Return-on-Tangible-Asset is 3.44% 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.
Singer Thailand PCL activities include trade sales and hire-purchase of electronic appliances, commercial products, mobile phones, hire-purchase of vehicles, loan receivables with vehicle collateral, repair and maintenance services of electronic appliances, and providing life and non-life insurance brokerage. The Company distributes products under the Singer brand, including sewing machines and home electrical appliances, and also distributes commercial appliances, vending machines, and mobile telephone products and accessories. The Company operates through three segments: Trade sales, Hire purchase and loans, which generate maximum revenue; and Service and others. The Group is managed and operates principally in Thailand.
66GF Score
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