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Thai Wacoal PCLBKK:WACOAL 60 Return-on-Tangible-Asset is 0.74% as of Jun. 2026, which is 47% below its 10-year median of 1.40. GuruFocus rates BKK:WACOAL with a GF Score™ of 60/100 and a GF Value™ of ฿22.54 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Thai Wacoal PCL ranks worse than 75.09% 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. Thai Wacoal PCL's annualizedNet Income for the quarter that ended in Jun. 2026 was ฿44 Mil. Thai Wacoal PCL's average total tangible assets for the quarter that ended in Jun. 2026 was ฿5,892 Mil. Therefore, Thai Wacoal PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.74%.
The historical rank and industry rank for Thai Wacoal PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:WACOAL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.48 Med: 1.4 Max: 4.99
Current: -1.36
During the past 13 years, Thai Wacoal PCL's highest Return-on-Tangible-Asset was 4.99%. The lowest was -4.48%. And the median was 1.40%.
BKK:WACOAL's Return-on-Tangible-Asset is ranked worse than 75.09% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.29
vs BKK:WACOAL: -1.36
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 Wacoal PCL Return-on-Tangible-Asset Related Terms
Thai Wacoal PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Thai Wacoal 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:WACOAL vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Thai Wacoal 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 Wacoal PCL Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Thai Wacoal 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.74% mean?
Thai Wacoal PCL (BKK:WACOAL) has a Return-on-Tangible-Asset of 0.74% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Thai Wacoal PCL and its competitors. This is 47% below median its historical median of 1.40. According to the industry distribution chart, Thai Wacoal PCL ranks #802 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.1%.
Is Thai Wacoal PCL's Return-on-Tangible-Asset too high?
Thai Wacoal PCL's current Return-on-Tangible-Asset of 0.74% is 47% below median its 10-year median of 1.40. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.29. Thai Wacoal PCL's value of 0.74% is 67.7% below this industry median. Based on the distribution chart, Thai Wacoal PCL ranks #802 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Thai Wacoal PCL has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Wacoal PCL's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thai Wacoal PCL ranks #802 out of 1068 companies for Return-on-Tangible-Asset. This places Thai Wacoal PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.29. Thai Wacoal PCL's value of 0.74% is 67.7% below this benchmark. While the company's 10-year median is 1.40 vs. the industry median of 2.29, Thai Wacoal PCL has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.29, based on 1,068 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. Thai Wacoal PCL's current Return-on-Tangible-Asset of 0.74% is 67.7% below 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 Thai Wacoal PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wacoal PCL's current Return-on-Tangible-Asset is 0.74%, which is 47% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wacoal PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wacoal PCL (BKK:WACOAL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿22.54, compared to a current price of ฿15.70 — trading 30.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.74%, which is 47% below median its 10-year median of 1.40 and 67.7% below the Manufacturing - Apparel & Accessories industry median of 2.29. Thai Wacoal PCL's overall GF Score™ is 60/100 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 Thai Wacoal PCL (BKK:WACOAL), the current Return-on-Tangible-Asset is 0.74% as of Jun. 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 Wacoal PCL (BKK:WACOAL) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Wacoal PCL stock appears to be undervalued.
The current stock price of ฿15.70 is trading 30.3% below its estimated GF Value™ of ฿22.54.
GuruFocus considers Thai Wacoal PCL to be Possible Value Trap.
Key valuation signals for BKK:WACOAL:
Return-on-Tangible-Asset: 0.74% (47% below median its 10-year median of 1.40)
GF Value™: ฿22.54 vs. price of ฿15.70 (30.3% below fair value)
Industry Position: 67.7% below the Manufacturing - Apparel & Accessories median (#802 of 1068)
No single metric tells the full story. See the BKK:WACOAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies' lingerie, childrenswear and ladies outerwear. The key revenue driver product of the company is Ladies' lingerie, which is sold under the brand name of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.
60GF Score
Get the complete analysis for BKK:WACOAL
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