Asia Green Energy PCLBKK:AGE 71 Return-on-Tangible-Equity is 12.77% as of Mar. 2026, which is 21% above its 10-year median of 10.58. GuruFocus rates BKK:AGE with a GF Score™ of 71/100 and a GF Value™ of ฿1.24 (Fairly Valued). The stock has 4 warning signs investors should review. Among 178 Other Energy Sources companies, Asia Green Energy PCL ranks better than 76.4% 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 Green Energy PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿410 Mil. Asia Green Energy PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿3,207 Mil. Therefore, Asia Green Energy PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.77%.
The historical rank and industry rank for Asia Green Energy PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:AGE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.14 Med: 10.58 Max: 43.17
Current: 11.66
During the past 13 years, Asia Green Energy PCL's highest Return-on-Tangible-Equity was 43.17%. The lowest was -7.14%. And the median was 10.58%.
BKK:AGE's Return-on-Tangible-Equity is ranked better than 76.4% of 178
companies
in the Other Energy Sources industry
Industry Median: 0.79
vs BKK:AGE: 11.66
Asia Green Energy PCL (BKK:AGE) 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 Green Energy PCL Return-on-Tangible-Equity Related Terms
Asia Green Energy PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for Asia Green Energy 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 Green Energy PCL Return-on-Tangible-Equity Chart
BKK:AGE vs CNR: Return-on-Tangible-Equity Comparison
For the Thermal Coal subindustry, Asia Green Energy 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 Green Energy PCL Return-on-Tangible-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Asia Green Energy PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Green Energy 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 12.77% mean?
Asia Green Energy PCL (BKK:AGE) has a Return-on-Tangible-Equity of 12.77% 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 Green Energy PCL and its competitors. This is 21% above median its historical median of 10.58. According to the industry distribution chart, Asia Green Energy PCL ranks #42 out of 178 companies in the Other Energy Sources industry, placing it in the top 23.6%.
Is Asia Green Energy PCL's Return-on-Tangible-Equity too high?
Asia Green Energy PCL's current Return-on-Tangible-Equity of 12.77% is 21% above median its 10-year median of 10.58. The Other Energy Sources industry median Return-on-Tangible-Equity is 0.79. Asia Green Energy PCL's value of 12.77% is 1516.5% above this industry median. Based on the distribution chart, Asia Green Energy PCL ranks #42 out of 178 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Green Energy PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Green Energy PCL's Return-on-Tangible-Equity compare to CNR?
According to the Other Energy Sources industry distribution chart, Asia Green Energy PCL ranks #42 out of 178 companies for Return-on-Tangible-Equity. This places Asia Green Energy PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 0.79. Asia Green Energy PCL's value of 12.77% is 1516.5% above this benchmark. While the company's 10-year median is 10.58 vs. the industry median of 0.79, Asia Green Energy 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 an Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 0.79, based on 178 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 Green Energy PCL's current Return-on-Tangible-Equity of 12.77% is 1516.5% 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 Green Energy PCL and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Green Energy PCL's current Return-on-Tangible-Equity is 12.77%, which is 21% above median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Green Energy PCL (BKK:AGE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.24, compared to a current price of ฿1.23 — trading 0.8% below its estimated fair value. The current Return-on-Tangible-Equity is 12.77%, which is 21% above median its 10-year median of 10.58 and 1516.5% above the Other Energy Sources industry median of 0.79. Asia Green Energy PCL's overall GF Score™ is 71/100 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 Green Energy PCL (BKK:AGE), the current Return-on-Tangible-Equity is 12.77% 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 Green Energy PCL (BKK:AGE) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Green Energy PCL stock appears to be undervalued.
The current stock price of ฿1.23 is trading 0.8% below its estimated GF Value™ of ฿1.24.
GuruFocus considers Asia Green Energy PCL to be Fairly Valued.
Key valuation signals for BKK:AGE:
Return-on-Tangible-Equity: 12.77% (21% above median its 10-year median of 10.58)
GF Value™: ฿1.24 vs. price of ฿1.23 (0.8% below fair value)
Industry Position: 1516.5% above the Other Energy Sources median (#42 of 178)
No single metric tells the full story. See the BKK:AGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has four segments, Related Coal business; Smart Logistic business; Sustainable Energy business; and Diversified Investment businesses. The company earns maximum revenue from the Related Coal business.
71GF Score
Get the complete analysis for BKK:AGE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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