Asia Medical and Agricultural Laboratory and Research Center PCL (BKK:AMARC) Return-on-Tangible-Equity: 15.53% (As of Mar. 2026) — 42% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:AMARC Asia Medical and Agricultural Laboratory and Research Center PCL BKK:AMARC
91 GF Score
Price ฿2.92
GF Value ฿2.61
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Asia Medical and Agricultural Laboratory and Research Center PCL Return-on-Tangible-Equity?

Asia Medical and Agricultural Laboratory and Research Center PCL BKK:AMARC -1.35% 91 Return-on-Tangible-Equity is 15.53% as of Mar. 2026, which is 42% above its 10-year median of 10.90. GuruFocus rates BKK:AMARC with a GF Score™ of 91/100 and a GF Value™ of ฿2.61 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,382 Hardware companies, Asia Medical and Agricultural Laboratory and Research Center PCL ranks better than 91.14% 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 Medical and Agricultural Laboratory and Research Center PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿90.4 Mil. Asia Medical and Agricultural Laboratory and Research Center PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿582.5 Mil. Therefore, Asia Medical and Agricultural Laboratory and Research Center PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.53%.

The historical rank and industry rank for Asia Medical and Agricultural Laboratory and Research Center PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:AMARC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.89   Med: 10.9   Max: 29.42
Current: 27.51

During the past 7 years, Asia Medical and Agricultural Laboratory and Research Center PCL's highest Return-on-Tangible-Equity was 29.42%. The lowest was 1.89%. And the median was 10.90%.

BKK:AMARC's Return-on-Tangible-Equity is ranked better than
91.14% of 2382 companies
in the Hardware industry
Industry Median: 5.43 vs BKK:AMARC: 27.51

Asia Medical and Agricultural Laboratory and Research Center PCL  (BKK:AMARC) 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 Medical and Agricultural Laboratory and Research Center PCL Return-on-Tangible-Equity Related Terms


Asia Medical and Agricultural Laboratory and Research Center PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Asia Medical and Agricultural Laboratory and Research Center 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 Medical and Agricultural Laboratory and Research Center PCL Return-on-Tangible-Equity Chart

Asia Medical and Agricultural Laboratory and Research Center PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 13.75 4.05 1.89 8.05 29.42

Asia Medical and Agricultural Laboratory and Research Center PCL Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.30 55.71 28.46 10.75 15.53

BKK:AMARC vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison

For the Scientific & Technical Instruments subindustry, Asia Medical and Agricultural Laboratory and Research Center 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 Medical and Agricultural Laboratory and Research Center PCL Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Asia Medical and Agricultural Laboratory and Research Center PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Asia Medical and Agricultural Laboratory and Research Center PCL's Return-on-Tangible-Equity falls into.


BKK:AMARC
91GF Score
Asia Medical and Agricultural Laboratory and Research Center PCL BKK:AMARC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Medical and Agricultural Laboratory and Research Center PCL Return-on-Tangible-Equity Calculation

Asia Medical and Agricultural Laboratory and Research Center PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=158.562/( (498.475+579.326 )/ 2 )
=158.562/538.9005
=29.42 %

Asia Medical and Agricultural Laboratory and Research Center PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=90.444/( (579.326+585.618)/ 2 )
=90.444/582.472
=15.53 %

* 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 15.53% mean?
Asia Medical and Agricultural Laboratory and Research Center PCL (BKK:AMARC) has a Return-on-Tangible-Equity of 15.53% 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 Medical and Agricultural Laboratory and Research Center PCL and its competitors. This is 42% above median its historical median of 10.90. Over the past decade, Asia Medical and Agricultural Laboratory and Research Center PCL's Return-on-Tangible-Equity has ranged from 1.89 to 29.42. According to the industry distribution chart, Asia Medical and Agricultural Laboratory and Research Center PCL ranks #211 out of 2382 companies in the Hardware industry, placing it in the top 8.9%.
Is Asia Medical and Agricultural Laboratory and Research Center PCL's Return-on-Tangible-Equity too high?
Asia Medical and Agricultural Laboratory and Research Center PCL's current Return-on-Tangible-Equity of 15.53% is 42% above median its 10-year median of 10.90. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 29.42. The Hardware industry median Return-on-Tangible-Equity is 5.43. Asia Medical and Agricultural Laboratory and Research Center PCL's value of 15.53% is 186% above this industry median. Based on the distribution chart, Asia Medical and Agricultural Laboratory and Research Center PCL ranks #211 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Medical and Agricultural Laboratory and Research Center PCL has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Medical and Agricultural Laboratory and Research Center PCL's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Asia Medical and Agricultural Laboratory and Research Center PCL ranks #211 out of 2382 companies for Return-on-Tangible-Equity. This places Asia Medical and Agricultural Laboratory and Research Center PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.43. Asia Medical and Agricultural Laboratory and Research Center PCL's value of 15.53% is 186% above this benchmark. Historically, Asia Medical and Agricultural Laboratory and Research Center PCL's own Return-on-Tangible-Equity has ranged from 1.89 to 29.42 over the past decade. While the company's 10-year median is 10.90 vs. the industry median of 5.43, Asia Medical and Agricultural Laboratory and Research Center 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.43, based on 2,382 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 Medical and Agricultural Laboratory and Research Center PCL's current Return-on-Tangible-Equity of 15.53% is 186% 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 Medical and Agricultural Laboratory and Research Center PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Medical and Agricultural Laboratory and Research Center PCL's current Return-on-Tangible-Equity is 15.53%, which is 42% above median its own 10-year median of 10.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Medical and Agricultural Laboratory and Research Center PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Medical and Agricultural Laboratory and Research Center PCL (BKK:AMARC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.61, compared to a current price of ฿2.92 — trading 11.9% above its estimated fair value. The current Return-on-Tangible-Equity is 15.53%, which is 42% above median its 10-year median of 10.90 and 186% above the Hardware industry median of 5.43. Asia Medical and Agricultural Laboratory and Research Center PCL's overall GF Score™ is 91/100 with 1 warning sign 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 Medical and Agricultural Laboratory and Research Center PCL (BKK:AMARC), the current Return-on-Tangible-Equity is 15.53% 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 Medical and Agricultural Laboratory and Research Center PCL (BKK:AMARC) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Medical and Agricultural Laboratory and Research Center PCL stock appears to be overvalued. The current stock price of ฿2.92 is trading 11.9% above its estimated GF Value™ of ฿2.61. GuruFocus considers Asia Medical and Agricultural Laboratory and Research Center PCL to be Modestly Overvalued.

Key valuation signals for BKK:AMARC:

  • Return-on-Tangible-Equity: 15.53% (42% above median its 10-year median of 10.90)
  • GF Value™: ฿2.61 vs. price of ฿2.92 (11.9% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 186% above the Hardware median (#211 of 2382)

No single metric tells the full story. See the BKK:AMARC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Medical and Agricultural Laboratory and Research Center PCL Business Description

Address 361 Soi Ladprao 122, Ladprao Road, Phlabphla, Wang Thonglang, Bangkok, THA, 10310
Asia Medical and Agricultural Laboratory and Research Center PCL is engaged in providing comprehensive scientific services for the agriculture, food, pharmaceutical and environment sectors including testing, calibration, inspection and certification according to international quality standards. The company geographically operates only in Thailand.
91GF Score

Get the complete analysis for BKK:AMARC

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.92
Price
฿2.61
GF Value