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GMM Grammy PCLBKK:GRAMMY -1.69%57 Return-on-Tangible-Equity is 21.18% as of Mar. 2026, which is 288% above its 10-year median of 5.46. GuruFocus rates BKK:GRAMMY with a GF Score™ of 57/100 and a GF Value™ of ฿5.52 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 862 Media - Diversified companies, GMM Grammy PCL ranks worse than 68.91% 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. GMM Grammy PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿499 Mil. GMM Grammy PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿2,354 Mil. Therefore, GMM Grammy PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.18%.
The historical rank and industry rank for GMM Grammy PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:GRAMMY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -52.43 Med: 5.46 Max: 163.99
Current: -1.81
During the past 13 years, GMM Grammy PCL's highest Return-on-Tangible-Equity was 163.99%. The lowest was -52.43%. And the median was 5.46%.
BKK:GRAMMY's Return-on-Tangible-Equity is ranked worse than 68.91% of 862
companies
in the Media - Diversified industry
Industry Median: 5.295
vs BKK:GRAMMY: -1.81
GMM Grammy PCL (BKK:GRAMMY) 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.
GMM Grammy PCL Return-on-Tangible-Equity Related Terms
GMM Grammy PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for GMM Grammy 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:GRAMMY vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, GMM Grammy 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.
GMM Grammy PCL Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GMM Grammy 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 21.18% mean?
GMM Grammy PCL (BKK:GRAMMY) has a Return-on-Tangible-Equity of 21.18% 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 GMM Grammy PCL and its competitors. This is 288% above median its historical median of 5.46. According to the industry distribution chart, GMM Grammy PCL ranks #594 out of 862 companies in the Media - Diversified industry, placing it in the top 68.9%.
Is GMM Grammy PCL's Return-on-Tangible-Equity too high?
GMM Grammy PCL's current Return-on-Tangible-Equity of 21.18% is 288% above median its 10-year median of 5.46. The Media - Diversified industry median Return-on-Tangible-Equity is 5.30. GMM Grammy PCL's value of 21.18% is 300% above this industry median. Based on the distribution chart, GMM Grammy PCL ranks #594 out of 862 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, GMM Grammy PCL has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GMM Grammy PCL's Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, GMM Grammy PCL ranks #594 out of 862 companies for Return-on-Tangible-Equity. This places GMM Grammy PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.30. GMM Grammy PCL's value of 21.18% is 300% above this benchmark. While the company's 10-year median is 5.46 vs. the industry median of 5.30, GMM Grammy 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.30, based on 862 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. GMM Grammy PCL's current Return-on-Tangible-Equity of 21.18% is 300% 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 GMM Grammy PCL and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMM Grammy PCL's current Return-on-Tangible-Equity is 21.18%, which is 288% above median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMM Grammy PCL stock overvalued right now?
Based on GuruFocus' analysis, GMM Grammy PCL (BKK:GRAMMY) is currently considered Possible Value Trap. The stock's GF Value™ is ฿5.52, compared to a current price of ฿3.50 — trading 36.6% below its estimated fair value. The current Return-on-Tangible-Equity is 21.18%, which is 288% above median its 10-year median of 5.46 and 300% above the Media - Diversified industry median of 5.30. GMM Grammy PCL's overall GF Score™ is 57/100 with 4 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 GMM Grammy PCL (BKK:GRAMMY), the current Return-on-Tangible-Equity is 21.18% 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 GMM Grammy PCL (BKK:GRAMMY) Overvalued in 2026?
Based on GuruFocus' analysis, GMM Grammy PCL stock appears to be undervalued.
The current stock price of ฿3.50 is trading 36.6% below its estimated GF Value™ of ฿5.52.
GuruFocus considers GMM Grammy PCL to be Possible Value Trap.
Key valuation signals for BKK:GRAMMY:
Return-on-Tangible-Equity: 21.18% (288% above median its 10-year median of 5.46)
GF Value™: ฿5.52 vs. price of ฿3.50 (36.6% below fair value)
Industry Position: 300% above the Media - Diversified median (#594 of 862)
No single metric tells the full story. See the BKK:GRAMMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movie business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments, i.e., Music segment comprising music business and showbiz, Media segment comprising digital TV business GMM25, Others segment comprising merchandise and other services business.
57GF Score
Get the complete analysis for BKK:GRAMMY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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