Asia Biomass PCLBKK:ABM-R 29 Return-on-Tangible-Equity is -7.58% as of Mar. 2026. GuruFocus rates BKK:ABM-R with a GF Score™ of 29/100 and a GF Value™ of ฿0.84. The stock has 8 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, Asia Biomass PCL ranks worse than 84.27% 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. Asia Biomass PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-56 Mil. Asia Biomass PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿732 Mil. Therefore, Asia Biomass PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -7.58%.
The historical rank and industry rank for Asia Biomass PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ABM-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.95 Med: 1.36 Max: 18.95
Current: -13.47
During the past 13 years, Asia Biomass PCL's highest Return-on-Tangible-Equity was 18.95%. The lowest was -15.95%. And the median was 1.36%.
BKK:ABM-R's Return-on-Tangible-Equity is ranked worse than 84.27% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.85
vs BKK:ABM-R: -13.47
Asia Biomass PCL (BKK:ABM-R) 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.
Asia Biomass PCL Return-on-Tangible-Equity Related Terms
Asia Biomass PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for Asia Biomass PCL'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.
Asia Biomass PCL Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Asia Biomass PCL'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.
Asia Biomass PCL Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Asia Biomass PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Biomass PCL'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 -7.58% mean?
Asia Biomass PCL (BKK:ABM-R) has a Return-on-Tangible-Equity of -7.58% 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 Asia Biomass PCL and its competitors. According to the industry distribution chart, Asia Biomass PCL ranks #359 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 84.3%.
Is Asia Biomass PCL's Return-on-Tangible-Equity too high?
Asia Biomass PCL's current Return-on-Tangible-Equity is -7.58%. Based on the distribution chart, Asia Biomass PCL ranks #359 out of 426 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Asia Biomass PCL has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Asia Biomass PCL's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asia Biomass PCL ranks #359 out of 426 companies for Return-on-Tangible-Equity. This places Asia Biomass PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.85. 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.85, based on 426 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. 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 Asia Biomass PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Biomass PCL's current Return-on-Tangible-Equity is -7.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Biomass PCL stock overvalued right now?
Asia Biomass PCL (BKK:ABM-R) has a current Return-on-Tangible-Equity of -7.58%. The stock's GF Value™ is ฿0.84, compared to a current price of ฿0.89 — trading 5.8% above its estimated fair value. The current Return-on-Tangible-Equity is -7.58%. Asia Biomass PCL's overall GF Score™ is 29/100 with 8 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 Asia Biomass PCL (BKK:ABM-R), the current Return-on-Tangible-Equity is -7.58% 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 Asia Biomass PCL (BKK:ABM-R) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Biomass PCL stock appears to be overvalued.
The current stock price of ฿0.89 is trading 5.8% above its estimated GF Value™ of ฿0.84.
Key valuation signals for BKK:ABM-R:
Return-on-Tangible-Equity: -7.58%
GF Value™: ฿0.84 vs. price of ฿0.89 (5.8% above fair value)
No single metric tells the full story. See the BKK:ABM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Biomass PCL is involved in the procurement and trading of biomass fuel, manufacturing wood chips and biomass pellet and provision of transport service. Its products include wood pellets, palm shells, wood chips, wood shaving, saw dust, and parawood scraps. The company has two operating segments which consist of sale of goods that derives the majority of the revenue, and provision of service. Geographically it operates in Thailand only.
29GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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