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Chiangmai Rimdoi PCLBKK:CRD 49 Return-on-Tangible-Equity is 14.83% as of Mar. 2026, which is 323% above its 10-year median of 3.51. GuruFocus rates BKK:CRD with a GF Score™ of 49/100 and a GF Value™ of ฿0.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,714 Construction companies, Chiangmai Rimdoi PCL ranks better than 67.56% 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. Chiangmai Rimdoi PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿71.8 Mil. Chiangmai Rimdoi PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿483.9 Mil. Therefore, Chiangmai Rimdoi PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.83%.
The historical rank and industry rank for Chiangmai Rimdoi PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:CRD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.67 Med: 3.51 Max: 21.45
Current: 14.26
During the past 12 years, Chiangmai Rimdoi PCL's highest Return-on-Tangible-Equity was 21.45%. The lowest was -24.67%. And the median was 3.51%.
BKK:CRD's Return-on-Tangible-Equity is ranked better than 67.56% of 1714
companies
in the Construction industry
Industry Median: 8.22
vs BKK:CRD: 14.26
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.
Chiangmai Rimdoi PCL Return-on-Tangible-Equity Related Terms
Chiangmai Rimdoi PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chiangmai Rimdoi 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:CRD vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Chiangmai Rimdoi 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.
Chiangmai Rimdoi PCL Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Chiangmai Rimdoi PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chiangmai Rimdoi 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 14.83% mean?
Chiangmai Rimdoi PCL (BKK:CRD) has a Return-on-Tangible-Equity of 14.83% 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 Chiangmai Rimdoi PCL and its competitors. This is 323% above median its historical median of 3.51. According to the industry distribution chart, Chiangmai Rimdoi PCL ranks #556 out of 1714 companies in the Construction industry, placing it in the top 32.4%.
Is Chiangmai Rimdoi PCL's Return-on-Tangible-Equity too high?
Chiangmai Rimdoi PCL's current Return-on-Tangible-Equity of 14.83% is 323% above median its 10-year median of 3.51. The Construction industry median Return-on-Tangible-Equity is 8.22. Chiangmai Rimdoi PCL's value of 14.83% is 80.4% above this industry median. Based on the distribution chart, Chiangmai Rimdoi PCL ranks #556 out of 1714 companies in the Construction industry, which is above the industry midpoint. Overall, Chiangmai Rimdoi PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiangmai Rimdoi PCL's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Chiangmai Rimdoi PCL ranks #556 out of 1714 companies for Return-on-Tangible-Equity. This puts Chiangmai Rimdoi PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.22. Chiangmai Rimdoi PCL's value of 14.83% is 80.4% above this benchmark. While the company's 10-year median is 3.51 vs. the industry median of 8.22, Chiangmai Rimdoi 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.22, based on 1,714 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. Chiangmai Rimdoi PCL's current Return-on-Tangible-Equity of 14.83% is 80.4% 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 Chiangmai Rimdoi PCL and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiangmai Rimdoi PCL's current Return-on-Tangible-Equity is 14.83%, which is 323% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiangmai Rimdoi PCL stock overvalued right now?
Based on GuruFocus' analysis, Chiangmai Rimdoi PCL (BKK:CRD) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.40, compared to a current price of ฿0.55 — trading 37.5% above its estimated fair value. The current Return-on-Tangible-Equity is 14.83%, which is 323% above median its 10-year median of 3.51 and 80.4% above the Construction industry median of 8.22. Chiangmai Rimdoi PCL's overall GF Score™ is 49/100 with 5 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 Chiangmai Rimdoi PCL (BKK:CRD), the current Return-on-Tangible-Equity is 14.83% 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 Chiangmai Rimdoi PCL (BKK:CRD) Overvalued in 2026?
Based on GuruFocus' analysis, Chiangmai Rimdoi PCL stock appears to be overvalued.
The current stock price of ฿0.55 is trading 37.5% above its estimated GF Value™ of ฿0.40.
GuruFocus considers Chiangmai Rimdoi PCL to be Significantly Overvalued.
Key valuation signals for BKK:CRD:
Return-on-Tangible-Equity: 14.83% (323% above median its 10-year median of 3.51)
GF Value™: ฿0.40 vs. price of ฿0.55 (37.5% above fair value)
Industry Position: 80.4% above the Construction median (#556 of 1714)
No single metric tells the full story. See the BKK:CRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chiangmai Rimdoi PCL is engaged in construction services and solid waste disposal services business. The company operates in Thailand only. The majority of its revenue is from construction services.
49GF Score
Get the complete analysis for BKK:CRD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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