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Siam Technic Concrete PCLBKK:STECH -2.33%82 Return-on-Tangible-Asset is 2.82% as of Dec. 2025, which is 38% below its 10-year median of 4.55. GuruFocus rates BKK:STECH with a GF Score™ of 82/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 410 Building Materials companies, Siam Technic Concrete PCL ranks better than 63.9% 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 Technic Concrete PCL's annualizedNet Income for the quarter that ended in Dec. 2025 was ฿87 Mil. Siam Technic Concrete PCL's average total tangible assets for the quarter that ended in Dec. 2025 was ฿3,101 Mil. Therefore, Siam Technic Concrete PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.82%.
The historical rank and industry rank for Siam Technic Concrete PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:STECH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.78 Med: 4.55 Max: 8.01
Current: 4.52
During the past 7 years, Siam Technic Concrete PCL's highest Return-on-Tangible-Asset was 8.01%. The lowest was 3.78%. And the median was 4.55%.
BKK:STECH's Return-on-Tangible-Asset is ranked better than 63.9% of 410
companies
in the Building Materials industry
Industry Median: 2.345
vs BKK:STECH: 4.52
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 Technic Concrete PCL Return-on-Tangible-Asset Related Terms
Siam Technic Concrete PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for Siam Technic Concrete 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:STECH vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Siam Technic Concrete 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 Technic Concrete PCL Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Siam Technic Concrete PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Siam Technic Concrete 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.82% mean?
Siam Technic Concrete PCL (BKK:STECH) has a Return-on-Tangible-Asset of 2.82% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Siam Technic Concrete PCL and its competitors. This is 38% below median its historical median of 4.55. Over the past decade, Siam Technic Concrete PCL's Return-on-Tangible-Asset has ranged from 3.78 to 8.01. According to the industry distribution chart, Siam Technic Concrete PCL ranks #148 out of 410 companies in the Building Materials industry, placing it in the top 36.1%.
Is Siam Technic Concrete PCL's Return-on-Tangible-Asset too high?
Siam Technic Concrete PCL's current Return-on-Tangible-Asset of 2.82% is 38% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 8.01. The Building Materials industry median Return-on-Tangible-Asset is 2.35. Siam Technic Concrete PCL's value of 2.82% is 20.3% above this industry median. Based on the distribution chart, Siam Technic Concrete PCL ranks #148 out of 410 companies in the Building Materials industry, which is above the industry midpoint. Overall, Siam Technic Concrete PCL has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Technic Concrete PCL's Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Siam Technic Concrete PCL ranks #148 out of 410 companies for Return-on-Tangible-Asset. This puts Siam Technic Concrete PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.35. Siam Technic Concrete PCL's value of 2.82% is 20.3% above this benchmark. Historically, Siam Technic Concrete PCL's own Return-on-Tangible-Asset has ranged from 3.78 to 8.01 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 2.35, Siam Technic Concrete 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.35, based on 410 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 Technic Concrete PCL's current Return-on-Tangible-Asset of 2.82% is 20.3% 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 Technic Concrete PCL and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Technic Concrete PCL's current Return-on-Tangible-Asset is 2.82%, which is 38% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Technic Concrete PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Technic Concrete PCL (BKK:STECH) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.26 — trading 8.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.82%, which is 38% below median its 10-year median of 4.55 and 20.3% above the Building Materials industry median of 2.35. Siam Technic Concrete PCL's overall GF Score™ is 82/100 with 6 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 Technic Concrete PCL (BKK:STECH), the current Return-on-Tangible-Asset is 2.82% as of Dec. 2025. 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 Technic Concrete PCL (BKK:STECH) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Technic Concrete PCL stock appears to be undervalued.
The current stock price of ฿1.26 is trading 8.7% below its estimated GF Value™ of ฿1.38.
GuruFocus considers Siam Technic Concrete PCL to be Fairly Valued.
Key valuation signals for BKK:STECH:
Return-on-Tangible-Asset: 2.82% (38% below median its 10-year median of 4.55)
GF Value™: ฿1.38 vs. price of ฿1.26 (8.7% below fair value)
Industry Position: 20.3% above the Building Materials median (#148 of 410)
No single metric tells the full story. See the BKK:STECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Technic Concrete PCL is engaged in the manufacture of prestressed concrete products and construction contractor service. The firm has two reportable segments namely Sale of goods and services and Construction. The company generates the majority of its revenue from the Sale of goods and service segments. The Company is managed and operates principally in Thailand.
82GF Score
Get the complete analysis for BKK:STECH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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