Siam Steel Service Center PCL (BKK:SSSC) Return-on-Tangible-Asset: 6.20% (As of Mar. 2026) — 20% Above Median


BKK:SSSC Siam Steel Service Center PCL BKK:SSSC
76 GF Score
Price ฿2.24
GF Value ฿2.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Siam Steel Service Center PCL Return-on-Tangible-Asset?

Siam Steel Service Center PCL BKK:SSSC +0.90% 76 Return-on-Tangible-Asset is 6.20% as of Mar. 2026, which is 20% above its 10-year median of 5.16. GuruFocus rates BKK:SSSC with a GF Score™ of 76/100 and a GF Value™ of ฿2.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 634 Steel companies, Siam Steel Service Center PCL ranks better than 73.03% 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. Siam Steel Service Center PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿239 Mil. Siam Steel Service Center PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿3,853 Mil. Therefore, Siam Steel Service Center PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.20%.

The historical rank and industry rank for Siam Steel Service Center PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:SSSC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.19   Med: 5.16   Max: 7.41
Current: 4.64

During the past 13 years, Siam Steel Service Center PCL's highest Return-on-Tangible-Asset was 7.41%. The lowest was 2.19%. And the median was 5.16%.

BKK:SSSC's Return-on-Tangible-Asset is ranked better than
73.03% of 634 companies
in the Steel industry
Industry Median: 1.995 vs BKK:SSSC: 4.64

Siam Steel Service Center PCL  (BKK:SSSC) 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 company’s 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 company’s 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 Service Center PCL Return-on-Tangible-Asset Related Terms


Siam Steel Service Center PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Siam Steel Service Center 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.

Siam Steel Service Center PCL Return-on-Tangible-Asset Chart

Siam Steel Service Center PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 5.06 6.43 5.25 4.54

Siam Steel Service Center PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 3.46 5.60 3.35 6.20

BKK:SSSC vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison

For the Steel subindustry, Siam Steel Service Center 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 Service Center PCL Return-on-Tangible-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Siam Steel Service Center PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Siam Steel Service Center PCL's Return-on-Tangible-Asset falls into.


BKK:SSSC
76GF Score
Siam Steel Service Center PCL BKK:SSSC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Steel Service Center PCL Return-on-Tangible-Asset Calculation

Siam Steel Service Center PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=175.601/( (3894.136+3846.179)/ 2 )
=175.601/3870.1575
=4.54 %

Siam Steel Service Center PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=238.704/( (3846.179+3859.298)/ 2 )
=238.704/3852.7385
=6.20 %

* 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 6.20% mean?
Siam Steel Service Center PCL (BKK:SSSC) has a Return-on-Tangible-Asset of 6.20% 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 Service Center PCL and its competitors. This is 20% above median its historical median of 5.16. Over the past decade, Siam Steel Service Center PCL's Return-on-Tangible-Asset has ranged from 2.19 to 7.41. According to the industry distribution chart, Siam Steel Service Center PCL ranks #171 out of 634 companies in the Steel industry, placing it in the top 27%.
Is Siam Steel Service Center PCL's Return-on-Tangible-Asset too high?
Siam Steel Service Center PCL's current Return-on-Tangible-Asset of 6.20% is 20% above median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 7.41. The Steel industry median Return-on-Tangible-Asset is 2.00. Siam Steel Service Center PCL's value of 6.20% is 210.8% above this industry median. Based on the distribution chart, Siam Steel Service Center PCL ranks #171 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Siam Steel Service Center PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel Service Center PCL's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Siam Steel Service Center PCL ranks #171 out of 634 companies for Return-on-Tangible-Asset. This puts Siam Steel Service Center PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Siam Steel Service Center PCL's value of 6.20% is 210.8% above this benchmark. Historically, Siam Steel Service Center PCL's own Return-on-Tangible-Asset has ranged from 2.19 to 7.41 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 2.00, Siam Steel Service Center 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.00, based on 634 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 Service Center PCL's current Return-on-Tangible-Asset of 6.20% is 210.8% 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 Siam Steel Service Center PCL and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel Service Center PCL's current Return-on-Tangible-Asset is 6.20%, which is 20% above median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel Service Center PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel Service Center PCL (BKK:SSSC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.08, compared to a current price of ฿2.24 — trading 7.7% above its estimated fair value. The current Return-on-Tangible-Asset is 6.20%, which is 20% above median its 10-year median of 5.16 and 210.8% above the Steel industry median of 2.00. Siam Steel Service Center PCL's overall GF Score™ is 76/100 with 4 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 Service Center PCL (BKK:SSSC), the current Return-on-Tangible-Asset is 6.20% 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 Service Center PCL (BKK:SSSC) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel Service Center PCL stock appears to be overvalued. The current stock price of ฿2.24 is trading 7.7% above its estimated GF Value™ of ฿2.08. GuruFocus considers Siam Steel Service Center PCL to be Fairly Valued.

Key valuation signals for BKK:SSSC:

  • Return-on-Tangible-Asset: 6.20% (20% above median its 10-year median of 5.16)
  • GF Value™: ฿2.08 vs. price of ฿2.24 (7.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 210.8% above the Steel median (#171 of 634)

No single metric tells the full story. See the BKK:SSSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siam Steel Service Center PCL Business Description

Address 51/3 Moo 2 Poochao - Samingprai Road, Tumbon Bangyaprak, Amphur Phrapradeang, Samutprakarn, THA, 10130
Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. The company has a business presence in Vietnam and Thailand, of which a majority of revenue is derived from Thailand.
76GF Score

Get the complete analysis for BKK:SSSC

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.24
Price
฿2.08
GF Value