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Assetwise PCLBKK:ASW +0.66%86 Return-on-Tangible-Equity is 10.33% as of Mar. 2026, which is 50% below its 10-year median of 20.75. GuruFocus rates BKK:ASW with a GF Score™ of 86/100 and a GF Value™ of ฿9.17 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,717 Real Estate companies, Assetwise PCL ranks better than 79.62% 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. Assetwise PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿918 Mil. Assetwise PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿8,885 Mil. Therefore, Assetwise PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.33%.
The historical rank and industry rank for Assetwise PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ASW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.14 Med: 20.75 Max: 43.18
Current: 13.17
During the past 7 years, Assetwise PCL's highest Return-on-Tangible-Equity was 43.18%. The lowest was 13.14%. And the median was 20.75%.
BKK:ASW's Return-on-Tangible-Equity is ranked better than 79.62% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs BKK:ASW: 13.17
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.
Assetwise PCL Return-on-Tangible-Equity Related Terms
Assetwise PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Assetwise 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.
For the Real Estate - Development subindustry, Assetwise 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.
Assetwise PCL Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Assetwise PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Assetwise 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 10.33% mean?
Assetwise PCL (BKK:ASW) has a Return-on-Tangible-Equity of 10.33% 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 Assetwise PCL and its competitors. This is 50% below median its historical median of 20.75. Over the past decade, Assetwise PCL's Return-on-Tangible-Equity has ranged from 13.14 to 43.18. According to the industry distribution chart, Assetwise PCL ranks #350 out of 1717 companies in the Real Estate industry, placing it in the top 20.4%.
Is Assetwise PCL's Return-on-Tangible-Equity too high?
Assetwise PCL's current Return-on-Tangible-Equity of 10.33% is 50% below median its 10-year median of 20.75. Over the past 10 years, this metric has ranged from a low of 13.14 to a high of 43.18. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Assetwise PCL's value of 10.33% is 141.9% above this industry median. Based on the distribution chart, Assetwise PCL ranks #350 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Assetwise PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assetwise PCL's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Assetwise PCL ranks #350 out of 1717 companies for Return-on-Tangible-Equity. This places Assetwise PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Assetwise PCL's value of 10.33% is 141.9% above this benchmark. Historically, Assetwise PCL's own Return-on-Tangible-Equity has ranged from 13.14 to 43.18 over the past decade. While the company's 10-year median is 20.75 vs. the industry median of 4.27, Assetwise 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,717 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. Assetwise PCL's current Return-on-Tangible-Equity of 10.33% is 141.9% 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 Assetwise PCL and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assetwise PCL's current Return-on-Tangible-Equity is 10.33%, which is 50% below median its own 10-year median of 20.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assetwise PCL stock overvalued right now?
Based on GuruFocus' analysis, Assetwise PCL (BKK:ASW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.17, compared to a current price of ฿7.65 — trading 16.6% below its estimated fair value. The current Return-on-Tangible-Equity is 10.33%, which is 50% below median its 10-year median of 20.75 and 141.9% above the Real Estate industry median of 4.27. Assetwise PCL's overall GF Score™ is 86/100 with 12 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 Assetwise PCL (BKK:ASW), the current Return-on-Tangible-Equity is 10.33% 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 Assetwise PCL (BKK:ASW) Overvalued in 2026?
Based on GuruFocus' analysis, Assetwise PCL stock appears to be undervalued.
The current stock price of ฿7.65 is trading 16.6% below its estimated GF Value™ of ฿9.17.
GuruFocus considers Assetwise PCL to be Modestly Undervalued.
Key valuation signals for BKK:ASW:
Return-on-Tangible-Equity: 10.33% (50% below median its 10-year median of 20.75)
GF Value™: ฿9.17 vs. price of ฿7.65 (16.6% below fair value)
Industry Position: 141.9% above the Real Estate median (#350 of 1717)
No single metric tells the full story. See the BKK:ASW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assetwise PCL operates in the business of real estate development for sale and real estate development for lease, the business of real estate agents, intermediary services for international payments, and research and investment in digital assets, lifestyle business, and technology. Its real estate portfolio includes both condominiums and horizontal residential property, namely, single houses, townhomes, and home offices. The company generates revenue via rental and services, the sale of real estate, and dividend income.
86GF Score
Get the complete analysis for BKK:ASW
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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