Airports Of ThailandAPTPF 92 Return-on-Tangible-Equity is 17.20% as of Mar. 2026, which is 12% above its 10-year median of 15.42. GuruFocus rates APTPF with a GF Score™ of 92/100 and a GF Value™ of $1.71 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 975 Transportation companies, Airports Of Thailand ranks better than 67.69% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Airports Of Thailand's annualized net income for the quarter that ended in Mar. 2026 was $709 Mil. Airports Of Thailand's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $4,123 Mil. Therefore, Airports Of Thailand's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.20%.
The historical rank and industry rank for Airports Of Thailand's Return-on-Tangible-Equity or its related term are showing as below:
APTPF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.89 Med: 15.42 Max: 18.34
Current: 14.12
During the past 13 years, Airports Of Thailand's highest Return-on-Tangible-Equity was 18.34%. The lowest was -12.89%. And the median was 15.42%.
APTPF's Return-on-Tangible-Equity is ranked better than 67.69% of 975
companies
in the Transportation industry
Industry Median: 9
vs APTPF: 14.12
Airports Of Thailand (OTCPK:APTPF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Airports Of Thailand Return-on-Tangible-Equity Related Terms
Airports Of Thailand Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Airports Of Thailand's Return-on-Tangible-Equity 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.
Airports Of Thailand Return-on-Tangible-Equity Chart
APTPF vs JOBY, CAAP: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Airports Of Thailand's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Airports Of Thailand Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Airports Of Thailand's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Airports Of Thailand's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.20% mean?
Airports Of Thailand (APTPF) has a Return-on-Tangible-Equity of 17.20% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Airports Of Thailand and its competitors. This is 12% above median its historical median of 15.42. According to the industry distribution chart, Airports Of Thailand ranks #315 out of 975 companies in the Transportation industry, placing it in the top 32.3%.
Is Airports Of Thailand's Return-on-Tangible-Equity too high?
Airports Of Thailand's current Return-on-Tangible-Equity of 17.20% is 12% above median its 10-year median of 15.42. The Transportation industry median Return-on-Tangible-Equity is 9.00. Airports Of Thailand's value of 17.20% is 91.1% above this industry median. Based on the distribution chart, Airports Of Thailand ranks #315 out of 975 companies in the Transportation industry, which is above the industry midpoint. Overall, Airports Of Thailand has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #315 out of 975 companies for Return-on-Tangible-Equity. This puts Airports Of Thailand in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.00. Airports Of Thailand's value of 17.20% is 91.1% above this benchmark. While the company's 10-year median is 15.42 vs. the industry median of 9.00, Airports Of Thailand 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-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports Of Thailand's current Return-on-Tangible-Equity of 17.20% is 91.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Airports Of Thailand and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Return-on-Tangible-Equity is 17.20%, which is 12% above median its own 10-year median of 15.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (APTPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.71, compared to a current price of $1.73 — trading 0.9% above its estimated fair value. The current Return-on-Tangible-Equity is 17.20%, which is 12% above median its 10-year median of 15.42 and 91.1% above the Transportation industry median of 9.00. Airports Of Thailand's overall GF Score™ is 92/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Airports Of Thailand (APTPF), the current Return-on-Tangible-Equity is 17.20% 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 Airports Of Thailand (APTPF) Overvalued in 2026?
Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued.
The current stock price of $1.73 is trading 0.9% above its estimated GF Value™ of $1.71.
GuruFocus considers Airports Of Thailand to be Modestly Overvalued.
Key valuation signals for APTPF:
Return-on-Tangible-Equity: 17.20% (12% above median its 10-year median of 15.42)
GF Value™: $1.71 vs. price of $1.73 (0.9% above fair value)
Industry Position: 91.1% above the Transportation median (#315 of 975)
No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
92GF Score
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