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Utility Business Alliance PCLBKK:UBA 59 Return-on-Tangible-Asset is 9.18% as of Mar. 2026, which is 9% below its 10-year median of 10.04. GuruFocus rates BKK:UBA with a GF Score™ of 59/100 and a GF Value™ of ฿0.88 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 244 Waste Management companies, Utility Business Alliance PCL ranks better than 87.7% on this metric.
The historical rank and industry rank for Utility Business Alliance PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:UBA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.66 Med: 10.04 Max: 11.77
Current: 10
During the past 6 years, Utility Business Alliance PCL's highest Return-on-Tangible-Asset was 11.77%. The lowest was 8.66%. And the median was 10.04%.
BKK:UBA's Return-on-Tangible-Asset is ranked better than 87.7% of 244
companies
in the Waste Management industry
Industry Median: 2.135
vs BKK:UBA: 10.00
Utility Business Alliance PCL (BKK:UBA) 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.
Utility Business Alliance PCL Return-on-Tangible-Asset Related Terms
Utility Business Alliance PCL Return-on-Tangible-Asset Historical Data
* 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.
Utility Business Alliance PCL Return-on-Tangible-Asset Chart
BKK:UBA vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Utility Business Alliance 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.
Utility Business Alliance PCL Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Utility Business Alliance PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Utility Business Alliance 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 9.18% mean?
Utility Business Alliance PCL (BKK:UBA) has a Return-on-Tangible-Asset of 9.18% 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 Utility Business Alliance PCL and its competitors. This is near median its historical median of 10.04. Over the past decade, Utility Business Alliance PCL's Return-on-Tangible-Asset has ranged from 8.66 to 11.77. According to the industry distribution chart, Utility Business Alliance PCL ranks #30 out of 244 companies in the Waste Management industry, placing it in the top 12.3%.
Is Utility Business Alliance PCL's Return-on-Tangible-Asset too high?
Utility Business Alliance PCL's current Return-on-Tangible-Asset of 9.18% is near median its 10-year median of 10.04. Over the past 10 years, this metric has ranged from a low of 8.66 to a high of 11.77. The Waste Management industry median Return-on-Tangible-Asset is 2.14. Utility Business Alliance PCL's value of 9.18% is 330% above this industry median. Based on the distribution chart, Utility Business Alliance PCL ranks #30 out of 244 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Utility Business Alliance PCL has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Utility Business Alliance PCL's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Utility Business Alliance PCL ranks #30 out of 244 companies for Return-on-Tangible-Asset. This places Utility Business Alliance PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.14. Utility Business Alliance PCL's value of 9.18% is 330% above this benchmark. Historically, Utility Business Alliance PCL's own Return-on-Tangible-Asset has ranged from 8.66 to 11.77 over the past decade. While the company's 10-year median is 10.04 vs. the industry median of 2.14, Utility Business Alliance 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.14, based on 244 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. Utility Business Alliance PCL's current Return-on-Tangible-Asset of 9.18% is 330% 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 Utility Business Alliance PCL and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility Business Alliance PCL's current Return-on-Tangible-Asset is 9.18%, which is near median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility Business Alliance PCL stock overvalued right now?
Based on GuruFocus' analysis, Utility Business Alliance PCL (BKK:UBA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.88, compared to a current price of ฿1.14 — trading 29.5% above its estimated fair value. The current Return-on-Tangible-Asset is 9.18%, which is near median its 10-year median of 10.04 and 330% above the Waste Management industry median of 2.14. Utility Business Alliance PCL's overall GF Score™ is 59/100 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 Utility Business Alliance PCL (BKK:UBA), the current Return-on-Tangible-Asset is 9.18% 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 Utility Business Alliance PCL (BKK:UBA) Overvalued in 2026?
Based on GuruFocus' analysis, Utility Business Alliance PCL stock appears to be overvalued.
The current stock price of ฿1.14 is trading 29.5% above its estimated GF Value™ of ฿0.88.
GuruFocus considers Utility Business Alliance PCL to be Modestly Overvalued.
Key valuation signals for BKK:UBA:
Return-on-Tangible-Asset: 9.18% (near median its 10-year median of 10.04)
GF Value™: ฿0.88 vs. price of ฿1.14 (29.5% above fair value)
Industry Position: 330% above the Waste Management median (#30 of 244)
No single metric tells the full story. See the BKK:UBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Utility Business Alliance PCL Business Description
Utility Business Alliance PCL is engaged in the provision of technical engineering and other related services. It provides complete system operation and maintenance services, along with providing consulting services, design, construction, and installation of machinery and equipment. The group has one operating segments which are operates specifically service segment in Thailand.
59GF Score
Get the complete analysis for BKK:UBA
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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