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Baan Rock Garden PCLBKK:BROCK 59 Return-on-Tangible-Equity is -0.32% as of Mar. 2026. GuruFocus rates BKK:BROCK with a GF Score™ of 59/100 and a GF Value™ of ฿1.72 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,717 Real Estate companies, Baan Rock Garden PCL ranks worse than 73.09% 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. Baan Rock Garden PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-3.98 Mil. Baan Rock Garden PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,239.97 Mil. Therefore, Baan Rock Garden PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.32%.
The historical rank and industry rank for Baan Rock Garden PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:BROCK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.25 Med: 0.88 Max: 3.01
Current: -0.57
During the past 13 years, Baan Rock Garden PCL's highest Return-on-Tangible-Equity was 3.01%. The lowest was -1.25%. And the median was 0.88%.
BKK:BROCK's Return-on-Tangible-Equity is ranked worse than 73.09% of 1717
companies
in the Real Estate industry
Industry Median: 4.44
vs BKK:BROCK: -0.57
Baan Rock Garden PCL (BKK:BROCK) 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.
Baan Rock Garden PCL Return-on-Tangible-Equity Related Terms
Baan Rock Garden PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Baan Rock Garden 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.
Baan Rock Garden PCL Return-on-Tangible-Equity Chart
Baan Rock Garden PCL Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, Baan Rock Garden 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.
Baan Rock Garden PCL Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Baan Rock Garden PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Baan Rock Garden 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 -0.32% mean?
Baan Rock Garden PCL (BKK:BROCK) has a Return-on-Tangible-Equity of -0.32% 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 Baan Rock Garden PCL and its competitors. According to the industry distribution chart, Baan Rock Garden PCL ranks #1255 out of 1717 companies in the Real Estate industry, placing it in the top 73.1%.
Is Baan Rock Garden PCL's Return-on-Tangible-Equity too high?
Baan Rock Garden PCL's current Return-on-Tangible-Equity is -0.32%. Based on the distribution chart, Baan Rock Garden PCL ranks #1255 out of 1717 companies in the Real Estate industry, which is below the industry midpoint. Overall, Baan Rock Garden PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baan Rock Garden PCL's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Baan Rock Garden PCL ranks #1255 out of 1717 companies for Return-on-Tangible-Equity. This places Baan Rock Garden PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.44. 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 4.44, 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. 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 Baan Rock Garden PCL and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baan Rock Garden PCL's current Return-on-Tangible-Equity is -0.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baan Rock Garden PCL stock overvalued right now?
Based on GuruFocus' analysis, Baan Rock Garden PCL (BKK:BROCK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.72, compared to a current price of ฿1.17 — trading 32% below its estimated fair value. The current Return-on-Tangible-Equity is -0.32%. Baan Rock Garden PCL's overall GF Score™ is 59/100 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 Baan Rock Garden PCL (BKK:BROCK), the current Return-on-Tangible-Equity is -0.32% 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 Baan Rock Garden PCL (BKK:BROCK) Overvalued in 2026?
Based on GuruFocus' analysis, Baan Rock Garden PCL stock appears to be undervalued.
The current stock price of ฿1.17 is trading 32% below its estimated GF Value™ of ฿1.72.
GuruFocus considers Baan Rock Garden PCL to be Possible Value Trap.
Key valuation signals for BKK:BROCK:
Return-on-Tangible-Equity: -0.32%
GF Value™: ฿1.72 vs. price of ฿1.17 (32% below fair value)
No single metric tells the full story. See the BKK:BROCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baan Rock Garden PCL is involved in the real estate business. It is engaged in the development of single-attached houses, townhouses, and commercial buildings. The company mainly develops its real estate under the project title Baan Rock Garden in Bangkok and other provinces. Its project portfolio comprises Rock Garden House 3, Rock Garden House, Rock Garden Airport Phase 1, Baan Rock Garden Chalong Krung, and others. The company has a single reportable segment, which is the business of real estate development in the type of allotted house for sale, and its operation is in one geographical area, which is Thailand.
59GF Score
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