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CP Axtra PCLBKK:CPAXT 45 Return-on-Tangible-Equity is 21.14% as of Dec. 2025, which is 49% below its 10-year median of 41.83. GuruFocus rates BKK:CPAXT with a GF Score™ of 45/100. The stock has 6 warning signs investors should review. Among 302 Retail - Defensive companies, CP Axtra PCL ranks better than 66.56% 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. CP Axtra PCL's annualized net income for the quarter that ended in Dec. 2025 was ฿10,252 Mil. CP Axtra PCL's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ฿48,501 Mil. Therefore, CP Axtra PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 21.14%.
The historical rank and industry rank for CP Axtra PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:CPAXT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.05 Med: 41.83 Max: 52.77
Current: 18.3
During the past 13 years, CP Axtra PCL's highest Return-on-Tangible-Equity was 52.77%. The lowest was 17.05%. And the median was 41.83%.
BKK:CPAXT's Return-on-Tangible-Equity is ranked better than 66.56% of 302
companies
in the Retail - Defensive industry
Industry Median: 10.91
vs BKK:CPAXT: 18.30
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.
CP Axtra PCL Return-on-Tangible-Equity Related Terms
CP Axtra PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CP Axtra 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.
BKK:CPAXT vs SYY, USFD, PFGC: Return-on-Tangible-Equity Comparison
For the Food Distribution subindustry, CP Axtra 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.
CP Axtra PCL Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CP Axtra PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CP Axtra 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 21.14% mean?
CP Axtra PCL (BKK:CPAXT) has a Return-on-Tangible-Equity of 21.14% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CP Axtra PCL and its competitors. This is 49% below median its historical median of 41.83. Over the past decade, CP Axtra PCL's Return-on-Tangible-Equity has ranged from 17.05 to 52.77. According to the industry distribution chart, CP Axtra PCL ranks #101 out of 302 companies in the Retail - Defensive industry, placing it in the top 33.4%.
Is CP Axtra PCL's Return-on-Tangible-Equity too high?
CP Axtra PCL's current Return-on-Tangible-Equity of 21.14% is 49% below median its 10-year median of 41.83. Over the past 10 years, this metric has ranged from a low of 17.05 to a high of 52.77. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.91. CP Axtra PCL's value of 21.14% is 93.8% above this industry median. Based on the distribution chart, CP Axtra PCL ranks #101 out of 302 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, CP Axtra PCL has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does CP Axtra PCL's Return-on-Tangible-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, CP Axtra PCL ranks #101 out of 302 companies for Return-on-Tangible-Equity. This puts CP Axtra PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.91. CP Axtra PCL's value of 21.14% is 93.8% above this benchmark. Historically, CP Axtra PCL's own Return-on-Tangible-Equity has ranged from 17.05 to 52.77 over the past decade. While the company's 10-year median is 41.83 vs. the industry median of 10.91, CP Axtra 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.91, based on 302 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. CP Axtra PCL's current Return-on-Tangible-Equity of 21.14% is 93.8% 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 CP Axtra PCL and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CP Axtra PCL's current Return-on-Tangible-Equity is 21.14%, which is 49% below median its own 10-year median of 41.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CP Axtra PCL stock overvalued right now?
CP Axtra PCL (BKK:CPAXT) has a current Return-on-Tangible-Equity of 21.14%. The current Return-on-Tangible-Equity is 21.14%, which is 49% below median its 10-year median of 41.83 and 93.8% above the Retail - Defensive industry median of 10.91. CP Axtra PCL's overall GF Score™ is 45/100 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 CP Axtra PCL (BKK:CPAXT), the current Return-on-Tangible-Equity is 21.14% as of Dec. 2025. 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.
CP Axtra PCL operates Makro brand stores and frozen food shops across Thailand. The company conducts its business through three segments: Wholesale, Retail, and Mall. Its operations consist of the sale of goods through wholesale, retail, and mall businesses, as well as the rendering of services related to those businesses. The majority of the company's revenue is generated from the Wholesale segment. The company operates in Thailand, Malaysia, and other markets, with the majority of its revenue coming from Thailand.
45GF Score
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