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The Erawan Group PCLBKK:ERW-F 82 Return-on-Tangible-Equity is 3.13% as of Jun. 2026, which is 69% below its 10-year median of 10.23. GuruFocus rates BKK:ERW-F with a GF Score™ of 82/100 and a GF Value™ of ฿4.25. The stock has 12 warning signs investors should review. Among 798 Travel & Leisure companies, The Erawan Group PCL ranks better than 55.51% 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. The Erawan Group PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿288 Mil. The Erawan Group PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ฿9,212 Mil. Therefore, The Erawan Group PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 3.13%.
The historical rank and industry rank for The Erawan Group PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ERW-F'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.78 Med: 10.23 Max: 17.09
Current: 9.82
During the past 13 years, The Erawan Group PCL's highest Return-on-Tangible-Equity was 17.09%. The lowest was -42.78%. And the median was 10.23%.
BKK:ERW-F's Return-on-Tangible-Equity is ranked better than 55.51% of 798
companies
in the Travel & Leisure industry
Industry Median: 7.67
vs BKK:ERW-F: 9.82
The Erawan Group PCL (BKK:ERW-F) 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.
The Erawan Group PCL Return-on-Tangible-Equity Related Terms
The Erawan Group PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for The Erawan Group 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.
The Erawan Group PCL Return-on-Tangible-Equity Chart
BKK:ERW-F vs MAR, HLT, H: Return-on-Tangible-Equity Comparison
For the Lodging subindustry, The Erawan Group 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.
The Erawan Group PCL Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Erawan Group 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.13% mean?
The Erawan Group PCL (BKK:ERW-F) has a Return-on-Tangible-Equity of 3.13% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on The Erawan Group PCL and its competitors. This is 69% below median its historical median of 10.23. According to the industry distribution chart, The Erawan Group PCL ranks #355 out of 798 companies in the Travel & Leisure industry, placing it in the top 44.5%.
Is The Erawan Group PCL's Return-on-Tangible-Equity too high?
The Erawan Group PCL's current Return-on-Tangible-Equity of 3.13% is 69% below median its 10-year median of 10.23. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.67. The Erawan Group PCL's value of 3.13% is 59.2% below this industry median. Based on the distribution chart, The Erawan Group PCL ranks #355 out of 798 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, The Erawan Group PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does The Erawan Group PCL's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Erawan Group PCL ranks #355 out of 798 companies for Return-on-Tangible-Equity. This puts The Erawan Group PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.67. The Erawan Group PCL's value of 3.13% is 59.2% below this benchmark. While the company's 10-year median is 10.23 vs. the industry median of 7.67, The Erawan Group 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.67, based on 798 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. The Erawan Group PCL's current Return-on-Tangible-Equity of 3.13% is 59.2% 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 The Erawan Group PCL and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Erawan Group PCL's current Return-on-Tangible-Equity is 3.13%, which is 69% below median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Erawan Group PCL stock overvalued right now?
The Erawan Group PCL (BKK:ERW-F) has a current Return-on-Tangible-Equity of 3.13%. The stock's GF Value™ is ฿4.25, compared to a current price of ฿4.58 — trading 7.8% above its estimated fair value. The current Return-on-Tangible-Equity is 3.13%, which is 69% below median its 10-year median of 10.23 and 59.2% below the Travel & Leisure industry median of 7.67. The Erawan Group PCL's overall GF Score™ is 82/100 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 The Erawan Group PCL (BKK:ERW-F), the current Return-on-Tangible-Equity is 3.13% as of Jun. 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 The Erawan Group PCL (BKK:ERW-F) Overvalued in 2026?
Based on GuruFocus' analysis, The Erawan Group PCL stock appears to be overvalued.
The current stock price of ฿4.58 is trading 7.8% above its estimated GF Value™ of ฿4.25.
Key valuation signals for BKK:ERW-F:
Return-on-Tangible-Equity: 3.13% (69% below median its 10-year median of 10.23)
GF Value™: ฿4.25 vs. price of ฿4.58 (7.8% above fair value)
Industry Position: 59.2% below the Travel & Leisure median (#355 of 798)
No single metric tells the full story. See the BKK:ERW-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. The majority of the revenue is generated from its Hotel business.
82GF Score
Get the complete analysis for BKK:ERW-F
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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