Thai Stanley Electric (Thailand) PCLTSETF 72 Return-on-Tangible-Asset is 7.72% as of Mar. 2026, which is 3% below its 10-year median of 7.99. GuruFocus rates TSETF with a GF Score™ of 72/100. The stock has 7 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Thai Stanley Electric (Thailand) PCL ranks better than 82.46% on this metric.
The historical rank and industry rank for Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Asset or its related term are showing as below:
TSETF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.33 Med: 7.99 Max: 11.48
Current: 8.31
During the past 13 years, Thai Stanley Electric (Thailand) PCL's highest Return-on-Tangible-Asset was 11.48%. The lowest was 5.33%. And the median was 7.99%.
TSETF's Return-on-Tangible-Asset is ranked better than 82.46% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.115
vs TSETF: 8.31
Thai Stanley Electric (Thailand) PCL (OTCPK:TSETF) 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 Stanley Electric (Thailand) PCL Return-on-Tangible-Asset Related Terms
Thai Stanley Electric (Thailand) 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.
Thai Stanley Electric (Thailand) PCL Return-on-Tangible-Asset Chart
TSETF vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Thai Stanley Electric (Thailand) 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 Stanley Electric (Thailand) PCL Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Thai Stanley Electric (Thailand) 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 7.72% mean?
Thai Stanley Electric (Thailand) PCL (TSETF) has a Return-on-Tangible-Asset of 7.72% 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 Stanley Electric (Thailand) PCL and its competitors. This is near median its historical median of 7.99. Over the past decade, Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Asset has ranged from 5.33 to 11.48. According to the industry distribution chart, Thai Stanley Electric (Thailand) PCL ranks #234 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 17.5%.
Is Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Asset too high?
Thai Stanley Electric (Thailand) PCL's current Return-on-Tangible-Asset of 7.72% is near median its 10-year median of 7.99. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 11.48. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.12. Thai Stanley Electric (Thailand) PCL's value of 7.72% is 147.8% above this industry median. Based on the distribution chart, Thai Stanley Electric (Thailand) PCL ranks #234 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Stanley Electric (Thailand) PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Stanley Electric (Thailand) PCL ranks #234 out of 1334 companies for Return-on-Tangible-Asset. This places Thai Stanley Electric (Thailand) PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.12. Thai Stanley Electric (Thailand) PCL's value of 7.72% is 147.8% above this benchmark. Historically, Thai Stanley Electric (Thailand) PCL's own Return-on-Tangible-Asset has ranged from 5.33 to 11.48 over the past decade. While the company's 10-year median is 7.99 vs. the industry median of 3.12, Thai Stanley Electric (Thailand) 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.12, based on 1,334 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 Stanley Electric (Thailand) PCL's current Return-on-Tangible-Asset of 7.72% is 147.8% 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 Thai Stanley Electric (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Stanley Electric (Thailand) PCL's current Return-on-Tangible-Asset is 7.72%, which is near median its own 10-year median of 7.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Stanley Electric (Thailand) PCL stock overvalued right now?
Thai Stanley Electric (Thailand) PCL (TSETF) has a current Return-on-Tangible-Asset of 7.72%. The current Return-on-Tangible-Asset is 7.72%, which is near median its 10-year median of 7.99 and 147.8% above the Vehicles & Parts industry median of 3.12. Thai Stanley Electric (Thailand) PCL's overall GF Score™ is 72/100 with 7 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 Stanley Electric (Thailand) PCL (TSETF), the current Return-on-Tangible-Asset is 7.72% 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.
Thai Stanley Electric (Thailand) PCL Business Description
Thai Stanley Electric (Thailand) PCL is a Thailand-based company engaged in the manufacturing and selling of automotive bulbs, lighting equipment, molds and dies, and product designs. The company products include hheadlights, taillights, brake lights, rear combination lamps, wind screens, front winkers, fog lights, and other related products. The company generates maximum revenue from the auto bulbs and automotive lighting equipment.
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