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Asia Sermkij Leasing PCLBKK:ASK +2.52%52 Return-on-Tangible-Equity is 6.75% as of Mar. 2026, which is 58% below its 10-year median of 15.90. GuruFocus rates BKK:ASK with a GF Score™ of 52/100 and a GF Value™ of ฿1,389.43 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 525 Credit Services companies, Asia Sermkij Leasing PCL ranks worse than 56.76% 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 Sermkij Leasing PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿806 Mil. Asia Sermkij Leasing PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿11,943 Mil. Therefore, Asia Sermkij Leasing PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.75%.
The historical rank and industry rank for Asia Sermkij Leasing PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ASK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.17 Med: 15.9 Max: 16.53
Current: 5.11
During the past 13 years, Asia Sermkij Leasing PCL's highest Return-on-Tangible-Equity was 16.53%. The lowest was 3.17%. And the median was 15.90%.
BKK:ASK's Return-on-Tangible-Equity is ranked worse than 56.76% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs BKK:ASK: 5.11
Asia Sermkij Leasing PCL (BKK:ASK) 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 Sermkij Leasing PCL Return-on-Tangible-Equity Related Terms
Asia Sermkij Leasing PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asia Sermkij Leasing 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 Sermkij Leasing PCL Return-on-Tangible-Equity Chart
BKK:ASK vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Asia Sermkij Leasing 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 Sermkij Leasing PCL Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Asia Sermkij Leasing PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Sermkij Leasing 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 6.75% mean?
Asia Sermkij Leasing PCL (BKK:ASK) has a Return-on-Tangible-Equity of 6.75% 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 Sermkij Leasing PCL and its competitors. This is 58% below median its historical median of 15.90. Over the past decade, Asia Sermkij Leasing PCL's Return-on-Tangible-Equity has ranged from 3.17 to 16.53. According to the industry distribution chart, Asia Sermkij Leasing PCL ranks #298 out of 525 companies in the Credit Services industry, placing it in the top 56.8%.
Is Asia Sermkij Leasing PCL's Return-on-Tangible-Equity too high?
Asia Sermkij Leasing PCL's current Return-on-Tangible-Equity of 6.75% is 58% below median its 10-year median of 15.90. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 16.53. The Credit Services industry median Return-on-Tangible-Equity is 7.01. Asia Sermkij Leasing PCL's value of 6.75% is 3.7% below this industry median. Based on the distribution chart, Asia Sermkij Leasing PCL ranks #298 out of 525 companies in the Credit Services industry, which is below the industry midpoint. Overall, Asia Sermkij Leasing PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Sermkij Leasing PCL's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Asia Sermkij Leasing PCL ranks #298 out of 525 companies for Return-on-Tangible-Equity. This places Asia Sermkij Leasing PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Asia Sermkij Leasing PCL's value of 6.75% is 3.7% below this benchmark. Historically, Asia Sermkij Leasing PCL's own Return-on-Tangible-Equity has ranged from 3.17 to 16.53 over the past decade. While the company's 10-year median is 15.90 vs. the industry median of 7.01, Asia Sermkij Leasing 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.01, based on 525 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 Sermkij Leasing PCL's current Return-on-Tangible-Equity of 6.75% is 3.7% 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 Asia Sermkij Leasing PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Sermkij Leasing PCL's current Return-on-Tangible-Equity is 6.75%, which is 58% below median its own 10-year median of 15.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Sermkij Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL (BKK:ASK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1,389.43, compared to a current price of ฿12.20 — trading 99.1% below its estimated fair value. The current Return-on-Tangible-Equity is 6.75%, which is 58% below median its 10-year median of 15.90 and 3.7% below the Credit Services industry median of 7.01. Asia Sermkij Leasing PCL's overall GF Score™ is 52/100 with 8 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 Sermkij Leasing PCL (BKK:ASK), the current Return-on-Tangible-Equity is 6.75% 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 Sermkij Leasing PCL (BKK:ASK) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL stock appears to be undervalued.
The current stock price of ฿12.20 is trading 99.1% below its estimated GF Value™ of ฿1,389.43.
GuruFocus considers Asia Sermkij Leasing PCL to be Possible Value Trap.
Key valuation signals for BKK:ASK:
Return-on-Tangible-Equity: 6.75% (58% below median its 10-year median of 15.90)
GF Value™: ฿1,389.43 vs. price of ฿12.20 (99.1% below fair value)
Industry Position: 3.7% below the Credit Services median (#298 of 525)
No single metric tells the full story. See the BKK:ASK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Sermkij Leasing PCL operates a hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and the metropolitan area. Subsequently, the company has expanded its business into used car hire purchases, personal loans, and floor plan financing, as well as other services such as auto registration, tax renewal, and insurance services. The company has reportable operating segments: Hire purchase, Leasing, Loan, and Insurance broker. The majority of its revenue is generated from the Hire purchase segment, which provides auto and machine hire purchase services for consumers and commercial customers.
52GF Score
Get the complete analysis for BKK:ASK
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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