Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Thai Textile Industry PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿-43 Mil. Thai Textile Industry PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿2,844 Mil. Therefore, Thai Textile Industry PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.51%.
The historical rank and industry rank for Thai Textile Industry PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:TTI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.85 Med: -1.7 Max: 12.1
Current: -2.55
During the past 13 years, Thai Textile Industry PCL's highest Return-on-Tangible-Asset was 12.10%. The lowest was -4.85%. And the median was -1.70%.
BKK:TTI's Return-on-Tangible-Asset is ranked worse than 78.87% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.32
vs BKK:TTI: -2.55
Thai Textile Industry PCL (BKK:TTI) 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.
Thai Textile Industry PCL Return-on-Tangible-Asset Related Terms
Thai Textile Industry PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Thai Textile Industry 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.
Thai Textile Industry PCL Return-on-Tangible-Asset Chart
BKK:TTI vs AIN: Return-on-Tangible-Asset Comparison
For the Textile Manufacturing subindustry, Thai Textile Industry 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.
Thai Textile Industry PCL Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Textile Industry PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Thai Textile Industry 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 -1.51% mean?
Thai Textile Industry PCL (BKK:TTI) has a Return-on-Tangible-Asset of -1.51% 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 Thai Textile Industry PCL and its competitors. According to the industry distribution chart, Thai Textile Industry PCL ranks #840 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.9%.
Is Thai Textile Industry PCL's Return-on-Tangible-Asset too high?
Thai Textile Industry PCL's current Return-on-Tangible-Asset is -1.51%. Based on the distribution chart, Thai Textile Industry PCL ranks #840 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Thai Textile Industry PCL has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Textile Industry PCL's Return-on-Tangible-Asset compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thai Textile Industry PCL ranks #840 out of 1065 companies for Return-on-Tangible-Asset. This places Thai Textile Industry PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.32. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.32, based on 1,065 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. 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 Thai Textile Industry PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Textile Industry PCL's current Return-on-Tangible-Asset is -1.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Textile Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Textile Industry PCL (BKK:TTI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿20.07, compared to a current price of ฿25.25 — trading 25.8% above its estimated fair value. The current Return-on-Tangible-Asset is -1.51%. Thai Textile Industry PCL's overall GF Score™ is 55/100 with 2 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 Thai Textile Industry PCL (BKK:TTI), the current Return-on-Tangible-Asset is -1.51% 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 Thai Textile Industry PCL (BKK:TTI) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Textile Industry PCL stock appears to be overvalued.
The current stock price of ฿25.25 is trading 25.8% above its estimated GF Value™ of ฿20.07.
GuruFocus considers Thai Textile Industry PCL to be Modestly Overvalued.
Key valuation signals for BKK:TTI:
Return-on-Tangible-Asset: -1.51%
GF Value™: ฿20.07 vs. price of ฿25.25 (25.8% above fair value)
No single metric tells the full story. See the BKK:TTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Textile Industry PCL is engaged in the business of manufacturing, service render and distributing yarns, apparels and fabrics. The operations of the group involve the single industry segment of manufacturing and distributing yarns, apparel and fabrics. The group operates in single geographical area, in Thailand.
55GF Score
Get the complete analysis for BKK:TTI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TTI has been successfully added to your 
