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Asian Marine Services PCLBKK:ASIMAR -3.31%70 Return-on-Tangible-Equity is 13.46% as of Jun. 2026, which is 105% above its 10-year median of 6.57. GuruFocus rates BKK:ASIMAR with a GF Score™ of 70/100 and a GF Value™ of ฿1.54 (Fairly Valued). The stock has 7 warning signs investors should review. Among 337 Aerospace & Defense companies, Asian Marine Services PCL ranks better than 51.34% 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. Asian Marine Services PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿59.4 Mil. Asian Marine Services PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ฿441.6 Mil. Therefore, Asian Marine Services PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 13.46%.
The historical rank and industry rank for Asian Marine Services PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ASIMAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.24 Med: 6.57 Max: 18.34
Current: 9.57
During the past 13 years, Asian Marine Services PCL's highest Return-on-Tangible-Equity was 18.34%. The lowest was 0.24%. And the median was 6.57%.
BKK:ASIMAR's Return-on-Tangible-Equity is ranked better than 51.34% of 337
companies
in the Aerospace & Defense industry
Industry Median: 8.89
vs BKK:ASIMAR: 9.57
Asian Marine Services PCL (BKK:ASIMAR) 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.
Asian Marine Services PCL Return-on-Tangible-Equity Related Terms
Asian Marine Services PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asian Marine Services 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.
Asian Marine Services PCL Return-on-Tangible-Equity Chart
BKK:ASIMAR vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Asian Marine Services 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.
Asian Marine Services PCL Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asian Marine Services 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.46% mean?
Asian Marine Services PCL (BKK:ASIMAR) has a Return-on-Tangible-Equity of 13.46% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asian Marine Services PCL and its competitors. This is 105% above median its historical median of 6.57. Over the past decade, Asian Marine Services PCL's Return-on-Tangible-Equity has ranged from 0.24 to 18.34. According to the industry distribution chart, Asian Marine Services PCL ranks #164 out of 337 companies in the Aerospace & Defense industry, placing it in the top 48.7%.
Is Asian Marine Services PCL's Return-on-Tangible-Equity too high?
Asian Marine Services PCL's current Return-on-Tangible-Equity of 13.46% is 105% above median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 18.34. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.89. Asian Marine Services PCL's value of 13.46% is 51.4% above this industry median. Based on the distribution chart, Asian Marine Services PCL ranks #164 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Asian Marine Services PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Asian Marine Services PCL ranks #164 out of 337 companies for Return-on-Tangible-Equity. This puts Asian Marine Services PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.89. Asian Marine Services PCL's value of 13.46% is 51.4% above this benchmark. Historically, Asian Marine Services PCL's own Return-on-Tangible-Equity has ranged from 0.24 to 18.34 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 8.89, Asian Marine Services 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 Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.89, based on 337 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. Asian Marine Services PCL's current Return-on-Tangible-Equity of 13.46% is 51.4% 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 Asian Marine Services PCL and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Marine Services PCL's current Return-on-Tangible-Equity is 13.46%, which is 105% above median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.54, compared to a current price of ฿1.46 — trading 5.2% below its estimated fair value. The current Return-on-Tangible-Equity is 13.46%, which is 105% above median its 10-year median of 6.57 and 51.4% above the Aerospace & Defense industry median of 8.89. Asian Marine Services PCL's overall GF Score™ is 70/100 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 Asian Marine Services PCL (BKK:ASIMAR), the current Return-on-Tangible-Equity is 13.46% as of Jun. 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 Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?
Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued.
The current stock price of ฿1.46 is trading 5.2% below its estimated GF Value™ of ฿1.54.
GuruFocus considers Asian Marine Services PCL to be Fairly Valued.
Key valuation signals for BKK:ASIMAR:
Return-on-Tangible-Equity: 13.46% (105% above median its 10-year median of 6.57)
GF Value™: ฿1.54 vs. price of ฿1.46 (5.2% below fair value)
Industry Position: 51.4% above the Aerospace & Defense median (#164 of 337)
No single metric tells the full story. See the BKK:ASIMAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
70GF Score
Get the complete analysis for BKK:ASIMAR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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