Asia Precision PCLBKK:APCS 50 Return-on-Tangible-Equity is -32.49% as of Mar. 2026. GuruFocus rates BKK:APCS with a GF Score™ of 50/100 and a GF Value™ of ฿1.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,704 Construction companies, Asia Precision PCL ranks worse than 93.66% 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 Precision PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-345.3 Mil. Asia Precision PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,062.9 Mil. Therefore, Asia Precision PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -32.49%.
The historical rank and industry rank for Asia Precision PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:APCS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -40.16 Med: 4.55 Max: 17.32
Current: -40.16
During the past 13 years, Asia Precision PCL's highest Return-on-Tangible-Equity was 17.32%. The lowest was -40.16%. And the median was 4.55%.
BKK:APCS's Return-on-Tangible-Equity is ranked worse than 93.66% of 1704
companies
in the Construction industry
Industry Median: 8.245
vs BKK:APCS: -40.16
Asia Precision PCL (BKK:APCS) 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 Precision PCL Return-on-Tangible-Equity Related Terms
Asia Precision PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asia Precision 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 Precision PCL Return-on-Tangible-Equity Chart
BKK:APCS vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Asia Precision 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 Precision PCL Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Asia Precision PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Precision 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 -32.49% mean?
Asia Precision PCL (BKK:APCS) has a Return-on-Tangible-Equity of -32.49% 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 Precision PCL and its competitors. According to the industry distribution chart, Asia Precision PCL ranks #1596 out of 1704 companies in the Construction industry, placing it in the top 93.7%.
Is Asia Precision PCL's Return-on-Tangible-Equity too high?
Asia Precision PCL's current Return-on-Tangible-Equity is -32.49%. Based on the distribution chart, Asia Precision PCL ranks #1596 out of 1704 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Asia Precision PCL has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Precision PCL's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Precision PCL ranks #1596 out of 1704 companies for Return-on-Tangible-Equity. This places Asia Precision PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.25. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,704 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 Precision PCL and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Precision PCL's current Return-on-Tangible-Equity is -32.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Precision PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Precision PCL (BKK:APCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.09, compared to a current price of ฿1.42 — trading 30.3% above its estimated fair value. The current Return-on-Tangible-Equity is -32.49%. Asia Precision PCL's overall GF Score™ is 50/100 with 6 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 Precision PCL (BKK:APCS), the current Return-on-Tangible-Equity is -32.49% 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 Precision PCL (BKK:APCS) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Precision PCL stock appears to be overvalued.
The current stock price of ฿1.42 is trading 30.3% above its estimated GF Value™ of ฿1.09.
GuruFocus considers Asia Precision PCL to be Modestly Overvalued.
Key valuation signals for BKK:APCS:
Return-on-Tangible-Equity: -32.49%
GF Value™: ฿1.09 vs. price of ฿1.42 (30.3% above fair value)
No single metric tells the full story. See the BKK:APCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.
50GF Score
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