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 Capital Group PCL's annualized net income for the quarter that ended in Sep. 2025 was ฿461.1 Mil. ASIA Capital Group PCL's average shareholder tangible equity for the quarter that ended in Sep. 2025 was ฿830.2 Mil. Therefore, ASIA Capital Group PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 55.54%.
The historical rank and industry rank for ASIA Capital Group PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ACAP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -146.99 Med: 0.68 Max: 177.01
Current: 12.99
During the past 13 years, ASIA Capital Group PCL's highest Return-on-Tangible-Equity was 177.01%. The lowest was -146.99%. And the median was 0.68%.
BKK:ACAP's Return-on-Tangible-Equity is not ranked
in the Credit Services industry.
Industry Median: 7.05
vs BKK:ACAP: 12.99
ASIA Capital Group PCL (BKK:ACAP) 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 Capital Group PCL Return-on-Tangible-Equity Related Terms
ASIA Capital Group PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ASIA Capital Group 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 Capital Group PCL Return-on-Tangible-Equity Chart
BKK:ACAP vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, ASIA Capital Group 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 Capital Group PCL Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ASIA Capital Group PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ASIA Capital Group 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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 55.54% mean?
ASIA Capital Group PCL (BKK:ACAP) has a Return-on-Tangible-Equity of 55.54% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ASIA Capital Group PCL and its competitors. This is 8068% above median its historical median of 0.68.
Is ASIA Capital Group PCL's Return-on-Tangible-Equity too high?
ASIA Capital Group PCL's current Return-on-Tangible-Equity of 55.54% is 8068% above median its 10-year median of 0.68. The Credit Services industry median Return-on-Tangible-Equity is 7.05. ASIA Capital Group PCL's value of 55.54% is 687.8% above this industry median. Overall, ASIA Capital Group PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ASIA Capital Group PCL's Return-on-Tangible-Equity compare to V and MA?
ASIA Capital Group PCL's Return-on-Tangible-Equity of 55.54% can be compared against companies in the Credit Services industry. The industry median Return-on-Tangible-Equity is 7.05. ASIA Capital Group PCL's value of 55.54% is 687.8% above this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 7.05, ASIA Capital Group 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-Equity for a Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.05, based on 523 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. ASIA Capital Group PCL's current Return-on-Tangible-Equity of 55.54% is 687.8% 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-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 Capital Group PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASIA Capital Group PCL's current Return-on-Tangible-Equity is 55.54%, which is 8068% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASIA Capital Group PCL stock overvalued right now?
ASIA Capital Group PCL (BKK:ACAP) has a current Return-on-Tangible-Equity of 55.54%. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.33 — trading 51.5% below its estimated fair value. The current Return-on-Tangible-Equity is 55.54%, which is 8068% above median its 10-year median of 0.68 and 687.8% above the Credit Services industry median of 7.05. ASIA Capital Group PCL's overall GF Score™ is 12/100 with 4 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 Capital Group PCL (BKK:ACAP), the current Return-on-Tangible-Equity is 55.54% as of Sep. 2025. 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 Capital Group PCL (BKK:ACAP) Overvalued in 2026?
Based on GuruFocus' analysis, ASIA Capital Group PCL stock appears to be undervalued.
The current stock price of ฿0.33 is trading 51.5% below its estimated GF Value™ of ฿0.68.
Key valuation signals for BKK:ACAP:
Return-on-Tangible-Equity: 55.54% (8068% above median its 10-year median of 0.68)
GF Value™: ฿0.68 vs. price of ฿0.33 (51.5% below fair value)
Industry Position: 687.8% above the Credit Services median
No single metric tells the full story. See the BKK:ACAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASIA Capital Group PCL is a company engaged in the provision of financial advisory services. The company operates through two segments namely Lending and Factoring, Develop property for sale and Property rental services. Its Lending services offer personal and business loans. In addition, it provides debt restructuring, preparation, and management of rehabilitation plans, fundraising, financial restructuring, seeking strategic alliances, purchase and sales, and merger and acquisition. Further, it is also involved in the factoring business.
12GF Score
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