Sherwood(Thailand) PCL (BKK:SWC) Return-on-Tangible-Asset: 8.21% (As of Mar. 2026) — 36% Below Median


BKK:SWC Sherwood Corp(Thailand) PCL BKK:SWC
81 GF Score
Price ฿4.58
GF Value ฿4.04
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Sherwood(Thailand) PCL Return-on-Tangible-Asset?

Sherwood(Thailand) PCL BKK:SWC +0.88% 81 Return-on-Tangible-Asset is 8.21% as of Mar. 2026, which is 36% below its 10-year median of 12.79. GuruFocus rates BKK:SWC with a GF Score™ of 81/100 and a GF Value™ of ฿4.04 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,609 Chemicals companies, Sherwood(Thailand) PCL ranks better than 91.73% 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. Sherwood(Thailand) PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿112 Mil. Sherwood(Thailand) PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿1,367 Mil. Therefore, Sherwood(Thailand) PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.21%.

The historical rank and industry rank for Sherwood(Thailand) PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:SWC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.4   Med: 12.79   Max: 18.34
Current: 12.38

During the past 13 years, Sherwood(Thailand) PCL's highest Return-on-Tangible-Asset was 18.34%. The lowest was 1.40%. And the median was 12.79%.

BKK:SWC's Return-on-Tangible-Asset is ranked better than
91.73% of 1609 companies
in the Chemicals industry
Industry Median: 3.07 vs BKK:SWC: 12.38

Sherwood(Thailand) PCL  (BKK:SWC) 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.


Sherwood(Thailand) PCL Return-on-Tangible-Asset Related Terms


Sherwood(Thailand) PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sherwood(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.

Sherwood(Thailand) PCL Return-on-Tangible-Asset Chart

Sherwood(Thailand) 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 12.56 1.40 4.66 10.56 13.02

Sherwood(Thailand) 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 9.61 11.87 16.60 12.79 8.21

BKK:SWC vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Sherwood(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.


Sherwood(Thailand) PCL Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwood(Thailand) PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sherwood(Thailand) PCL's Return-on-Tangible-Asset falls into.


BKK:SWC
81GF Score
Sherwood Corp(Thailand) PCL BKK:SWC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sherwood(Thailand) PCL Return-on-Tangible-Asset Calculation

Sherwood(Thailand) 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 )
=161.015/( (1124.377+1348.746)/ 2 )
=161.015/1236.5615
=13.02 %

Sherwood(Thailand) 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 )
=112.188/( (1348.746+1385.504)/ 2 )
=112.188/1367.125
=8.21 %

* 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 8.21% mean?
Sherwood(Thailand) PCL (BKK:SWC) has a Return-on-Tangible-Asset of 8.21% 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 Sherwood(Thailand) PCL and its competitors. This is 36% below median its historical median of 12.79. Over the past decade, Sherwood(Thailand) PCL's Return-on-Tangible-Asset has ranged from 1.40 to 18.34. According to the industry distribution chart, Sherwood(Thailand) PCL ranks #133 out of 1609 companies in the Chemicals industry, placing it in the top 8.3%.
Is Sherwood(Thailand) PCL's Return-on-Tangible-Asset too high?
Sherwood(Thailand) PCL's current Return-on-Tangible-Asset of 8.21% is 36% below median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 18.34. The Chemicals industry median Return-on-Tangible-Asset is 3.07. Sherwood(Thailand) PCL's value of 8.21% is 167.4% above this industry median. Based on the distribution chart, Sherwood(Thailand) PCL ranks #133 out of 1609 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sherwood(Thailand) PCL has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sherwood(Thailand) PCL's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sherwood(Thailand) PCL ranks #133 out of 1609 companies for Return-on-Tangible-Asset. This places Sherwood(Thailand) PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.07. Sherwood(Thailand) PCL's value of 8.21% is 167.4% above this benchmark. Historically, Sherwood(Thailand) PCL's own Return-on-Tangible-Asset has ranged from 1.40 to 18.34 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 3.07, Sherwood(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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,609 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. Sherwood(Thailand) PCL's current Return-on-Tangible-Asset of 8.21% is 167.4% 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 Sherwood(Thailand) PCL and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwood(Thailand) PCL's current Return-on-Tangible-Asset is 8.21%, which is 36% below median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sherwood(Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Sherwood(Thailand) PCL (BKK:SWC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.04, compared to a current price of ฿4.58 — trading 13.4% above its estimated fair value. The current Return-on-Tangible-Asset is 8.21%, which is 36% below median its 10-year median of 12.79 and 167.4% above the Chemicals industry median of 3.07. Sherwood(Thailand) PCL's overall GF Score™ is 81/100 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 Sherwood(Thailand) PCL (BKK:SWC), the current Return-on-Tangible-Asset is 8.21% 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 Sherwood(Thailand) PCL (BKK:SWC) Overvalued in 2026?

Based on GuruFocus' analysis, Sherwood(Thailand) PCL stock appears to be overvalued. The current stock price of ฿4.58 is trading 13.4% above its estimated GF Value™ of ฿4.04. GuruFocus considers Sherwood(Thailand) PCL to be Modestly Overvalued.

Key valuation signals for BKK:SWC:

  • Return-on-Tangible-Asset: 8.21% (36% below median its 10-year median of 12.79)
  • GF Value™: ฿4.04 vs. price of ฿4.58 (13.4% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 167.4% above the Chemicals median (#133 of 1609)

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


Sherwood(Thailand) PCL Business Description

Address 1065, Srinakarin Road, Suanluang, Suanluang, Bangkok, THA, 10250
Sherwood Corp(Thailand) PCL engaged in the manufacture and distribution of insecticide, cleaning and wood preservative products. Its product portfolio includes Insecticide, Wood Preservative, Cleaning, Industrial, Public Health, Agrochemical, and Pet Care. Its segments include The production and distribution of wood preservative segment, the production and distribution of insecticide segment, and the production and distribution of cleaning segment. The majority of the revenue is derived from the production and distribution of insecticide segment. Geographically it operates in Thailand and Overseas with the majority of the revenue deriving from Thailand.
81GF Score

Get the complete analysis for BKK:SWC

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

฿4.58
Price
฿4.04
GF Value