ALT Telecom PCLBKK:ALT +2.16%55 Return-on-Tangible-Equity is 2.15% as of Mar. 2026, which is 126% above its 10-year median of 0.95. GuruFocus rates BKK:ALT with a GF Score™ of 55/100 and a GF Value™ of ฿1.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,387 Hardware companies, ALT Telecom PCL ranks worse than 51.78% 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. ALT Telecom PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿36 Mil. ALT Telecom PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,678 Mil. Therefore, ALT Telecom PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.15%.
The historical rank and industry rank for ALT Telecom PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ALT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.38 Med: 0.95 Max: 23.1
Current: 4.88
During the past 12 years, ALT Telecom PCL's highest Return-on-Tangible-Equity was 23.10%. The lowest was -17.38%. And the median was 0.95%.
BKK:ALT's Return-on-Tangible-Equity is ranked worse than 51.78% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs BKK:ALT: 4.88
ALT Telecom PCL (BKK:ALT) 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.
ALT Telecom PCL Return-on-Tangible-Equity Related Terms
ALT Telecom PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for ALT Telecom 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.
BKK:ALT vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, ALT Telecom 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.
ALT Telecom PCL Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, ALT Telecom PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ALT Telecom 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 2.15% mean?
ALT Telecom PCL (BKK:ALT) has a Return-on-Tangible-Equity of 2.15% 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 ALT Telecom PCL and its competitors. This is 126% above median its historical median of 0.95. According to the industry distribution chart, ALT Telecom PCL ranks #1236 out of 2387 companies in the Hardware industry, placing it in the top 51.8%.
Is ALT Telecom PCL's Return-on-Tangible-Equity too high?
ALT Telecom PCL's current Return-on-Tangible-Equity of 2.15% is 126% above median its 10-year median of 0.95. The Hardware industry median Return-on-Tangible-Equity is 5.28. ALT Telecom PCL's value of 2.15% is 59.3% below this industry median. Based on the distribution chart, ALT Telecom PCL ranks #1236 out of 2387 companies in the Hardware industry, which is below the industry midpoint. Overall, ALT Telecom PCL has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALT Telecom PCL's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ALT Telecom PCL ranks #1236 out of 2387 companies for Return-on-Tangible-Equity. This places ALT Telecom PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. ALT Telecom PCL's value of 2.15% is 59.3% below this benchmark. While the company's 10-year median is 0.95 vs. the industry median of 5.28, ALT Telecom PCL has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,387 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. ALT Telecom PCL's current Return-on-Tangible-Equity of 2.15% is 59.3% below 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 ALT Telecom PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALT Telecom PCL's current Return-on-Tangible-Equity is 2.15%, which is 126% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALT Telecom PCL stock overvalued right now?
Based on GuruFocus' analysis, ALT Telecom PCL (BKK:ALT) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.41, compared to a current price of ฿1.89 — trading 34% above its estimated fair value. The current Return-on-Tangible-Equity is 2.15%, which is 126% above median its 10-year median of 0.95 and 59.3% below the Hardware industry median of 5.28. ALT Telecom PCL's overall GF Score™ is 55/100 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 ALT Telecom PCL (BKK:ALT), the current Return-on-Tangible-Equity is 2.15% 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 ALT Telecom PCL (BKK:ALT) Overvalued in 2026?
Based on GuruFocus' analysis, ALT Telecom PCL stock appears to be overvalued.
The current stock price of ฿1.89 is trading 34% above its estimated GF Value™ of ฿1.41.
GuruFocus considers ALT Telecom PCL to be Significantly Overvalued.
Key valuation signals for BKK:ALT:
Return-on-Tangible-Equity: 2.15% (126% above median its 10-year median of 0.95)
GF Value™: ฿1.41 vs. price of ฿1.89 (34% above fair value)
Industry Position: 59.3% below the Hardware median (#1236 of 2387)
No single metric tells the full story. See the BKK:ALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ALT Telecom PCL operates in Thailand's telecommunications sector. Its business involves the provision of telecommunication services through base stations and equipment products. The company, in association with its subsidiaries, provides sales, installation, maintenance, and network rental for telecommunication networks; manufactures, assembles, and distributes electricity meters; and sells, installs, and rents solar cells. The group has three reportable segments: Network equipment, electricity meter, and solar cell distribution; Network Equipment Installation; and Network equipment rental business. Maximum revenue is generated from the Network Equipment Installation segment. Geographically, the group operates only in Thailand.
55GF Score
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