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Banpu PCLFRA:NVAC 67 Return-on-Tangible-Asset is 0.35% as of Mar. 2026, which is 66% below its 10-year median of 1.03. GuruFocus rates FRA:NVAC with a GF Score™ of 67/100 and a GF Value™ of €0.11 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 186 Other Energy Sources companies, Banpu PCL ranks better than 50% 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. Banpu PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was €41 Mil. Banpu PCL's average total tangible assets for the quarter that ended in Mar. 2026 was €11,773 Mil. Therefore, Banpu PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.35%.
The historical rank and industry rank for Banpu PCL's Return-on-Tangible-Asset or its related term are showing as below:
FRA:NVAC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.67 Med: 1.03 Max: 10.42
Current: -0.27
During the past 13 years, Banpu PCL's highest Return-on-Tangible-Asset was 10.42%. The lowest was -0.67%. And the median was 1.03%.
FRA:NVAC's Return-on-Tangible-Asset is ranked better than 50% of 186
companies
in the Other Energy Sources industry
Industry Median: -0.39
vs FRA:NVAC: -0.27
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.
Banpu PCL Return-on-Tangible-Asset Related Terms
Banpu PCL Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Banpu 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.
For the Thermal Coal subindustry, Banpu 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.
Banpu PCL Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Banpu PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Banpu 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 0.35% mean?
Banpu PCL (FRA:NVAC) has a Return-on-Tangible-Asset of 0.35% 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 Banpu PCL and its competitors. This is 66% below median its historical median of 1.03. According to the industry distribution chart, Banpu PCL ranks #93 out of 186 companies in the Other Energy Sources industry, placing it in the top 50%.
Is Banpu PCL's Return-on-Tangible-Asset too high?
Banpu PCL's current Return-on-Tangible-Asset of 0.35% is 66% below median its 10-year median of 1.03. Based on the distribution chart, Banpu PCL ranks #93 out of 186 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Banpu PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banpu PCL's Return-on-Tangible-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, Banpu PCL ranks #93 out of 186 companies for Return-on-Tangible-Asset. This puts Banpu PCL in the upper half of its industry. 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 an Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources industry context. 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 Banpu PCL and its competitors. Banpu PCL's current Return-on-Tangible-Asset is 0.35%, which is 66% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu PCL stock overvalued right now?
Based on GuruFocus' analysis, Banpu PCL (FRA:NVAC) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.11, compared to a current price of €0.14 — trading 22.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.35%, which is 66% below median its 10-year median of 1.03. Banpu PCL's overall GF Score™ is 67/100 with 9 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 Banpu PCL (FRA:NVAC), the current Return-on-Tangible-Asset is 0.35% 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 Banpu PCL (FRA:NVAC) Overvalued in 2026?
Based on GuruFocus' analysis, Banpu PCL stock appears to be overvalued.
The current stock price of €0.14 is trading 22.7% above its estimated GF Value™ of €0.11.
GuruFocus considers Banpu PCL to be Modestly Overvalued.
Key valuation signals for FRA:NVAC:
Return-on-Tangible-Asset: 0.35% (66% below median its 10-year median of 1.03)
GF Value™: €0.11 vs. price of €0.14 (22.7% above fair value)
No single metric tells the full story. See the FRA:NVAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banpu PCL is engaged in four core groups of businesses which are Next-gen mining, U.S. closed-loop gas, Power plus, and Future Tech. The Group has operations in Thailand and overseas which are mainly in the Indonesia, People's Republic of China, Australia, Mongolia, Socialist Republic of Vietnam, Japan, and the United States.
67GF Score
Get the complete analysis for FRA:NVAC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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