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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. Ubon Bio Ethanol PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿-94 Mil. Ubon Bio Ethanol PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿6,419 Mil. Therefore, Ubon Bio Ethanol PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.46%.
The historical rank and industry rank for Ubon Bio Ethanol PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:UBE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.65 Med: 1.43 Max: 4.57
Current: -2.65
During the past 9 years, Ubon Bio Ethanol PCL's highest Return-on-Tangible-Asset was 4.57%. The lowest was -2.65%. And the median was 1.43%.
BKK:UBE's Return-on-Tangible-Asset is ranked worse than 79.73% of 1993
companies
in the Consumer Packaged Goods industry
Industry Median: 3.54
vs BKK:UBE: -2.65
Ubon Bio Ethanol PCL (BKK:UBE) 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.
Ubon Bio Ethanol PCL Return-on-Tangible-Asset Related Terms
Ubon Bio Ethanol PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ubon Bio Ethanol 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.
Ubon Bio Ethanol PCL Return-on-Tangible-Asset Chart
BKK:UBE vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Ubon Bio Ethanol 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.
Ubon Bio Ethanol PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ubon Bio Ethanol PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ubon Bio Ethanol 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 -1.46% mean?
Ubon Bio Ethanol PCL (BKK:UBE) has a Return-on-Tangible-Asset of -1.46% 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 Ubon Bio Ethanol PCL and its competitors. According to the industry distribution chart, Ubon Bio Ethanol PCL ranks #1589 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 79.7%.
Is Ubon Bio Ethanol PCL's Return-on-Tangible-Asset too high?
Ubon Bio Ethanol PCL's current Return-on-Tangible-Asset is -1.46%. Based on the distribution chart, Ubon Bio Ethanol PCL ranks #1589 out of 1993 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Ubon Bio Ethanol PCL has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ubon Bio Ethanol PCL's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ubon Bio Ethanol PCL ranks #1589 out of 1993 companies for Return-on-Tangible-Asset. This places Ubon Bio Ethanol PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.54. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.54, based on 1,993 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 Ubon Bio Ethanol PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ubon Bio Ethanol PCL's current Return-on-Tangible-Asset is -1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubon Bio Ethanol PCL stock overvalued right now?
Based on GuruFocus' analysis, Ubon Bio Ethanol PCL (BKK:UBE) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.60, compared to a current price of ฿0.61 — trading 1.7% above its estimated fair value. The current Return-on-Tangible-Asset is -1.46%. Ubon Bio Ethanol PCL's overall GF Score™ is 46/100 with 3 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 Ubon Bio Ethanol PCL (BKK:UBE), the current Return-on-Tangible-Asset is -1.46% 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 Ubon Bio Ethanol PCL (BKK:UBE) Overvalued in 2026?
Based on GuruFocus' analysis, Ubon Bio Ethanol PCL stock appears to be overvalued.
The current stock price of ฿0.61 is trading 1.7% above its estimated GF Value™ of ฿0.60.
GuruFocus considers Ubon Bio Ethanol PCL to be Fairly Valued.
Key valuation signals for BKK:UBE:
Return-on-Tangible-Asset: -1.46%
GF Value™: ฿0.60 vs. price of ฿0.61 (1.7% above fair value)
No single metric tells the full story. See the BKK:UBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ubon Bio Ethanol PCL is engaged in the manufacture and distribution of processed cassava products, which include cassava-based ethanol, cassava starch, cassava flour, other organic products, biogas, and electricity from biogas and solar power systems. The company has four reportable segments: Tapioca starch, biogas and electricity, Ethanol, Restaurant management and investment activities, and others. The majority of revenue is generated from the Ethanol segment. Geographically, the company derives maximum revenue from Thailand.
46GF Score
Get the complete analysis for BKK:UBE
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