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Green Resources PCLBKK:GREEN 40 Return-on-Tangible-Equity is 5.25% as of Mar. 2026. GuruFocus rates BKK:GREEN with a GF Score™ of 40/100 and a GF Value™ of ฿0.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 429 Utilities - Independent Power Producers companies, Green Resources PCL ranks worse than 69% 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. Green Resources PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿37.3 Mil. Green Resources PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿710.9 Mil. Therefore, Green Resources PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.25%.
The historical rank and industry rank for Green Resources PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:GREEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.14 Med: -0.61 Max: 6.29
Current: -0.87
During the past 13 years, Green Resources PCL's highest Return-on-Tangible-Equity was 6.29%. The lowest was -15.14%. And the median was -0.61%.
BKK:GREEN's Return-on-Tangible-Equity is ranked worse than 69% of 429
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.78
vs BKK:GREEN: -0.87
Green Resources PCL (BKK:GREEN) 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.
Green Resources PCL Return-on-Tangible-Equity Related Terms
Green Resources PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Green Resources 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.
Green Resources PCL Return-on-Tangible-Equity Chart
Green Resources PCL Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Green Resources 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.
Green Resources PCL Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Green Resources PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Green Resources 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 5.25% mean?
Green Resources PCL (BKK:GREEN) has a Return-on-Tangible-Equity of 5.25% 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 Green Resources PCL and its competitors. According to the industry distribution chart, Green Resources PCL ranks #296 out of 429 companies in the Utilities - Independent Power Producers industry, placing it in the top 69%.
Is Green Resources PCL's Return-on-Tangible-Equity too high?
Green Resources PCL's current Return-on-Tangible-Equity is 5.25%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.78. Green Resources PCL's value of 5.25% is 9.8% above this industry median. Based on the distribution chart, Green Resources PCL ranks #296 out of 429 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Green Resources PCL has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green Resources PCL's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Green Resources PCL ranks #296 out of 429 companies for Return-on-Tangible-Equity. This places Green Resources PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.78. Green Resources PCL's value of 5.25% is 9.8% above this benchmark. 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.78, based on 429 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. Green Resources PCL's current Return-on-Tangible-Equity of 5.25% is 9.8% 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 Green Resources PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Resources PCL's current Return-on-Tangible-Equity is 5.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Resources PCL stock overvalued right now?
Based on GuruFocus' analysis, Green Resources PCL (BKK:GREEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.84, compared to a current price of ฿0.72 — trading 14.3% below its estimated fair value. The current Return-on-Tangible-Equity is 5.25% and 9.8% above the Utilities - Independent Power Producers industry median of 4.78. Green Resources PCL's overall GF Score™ is 40/100 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 Green Resources PCL (BKK:GREEN), the current Return-on-Tangible-Equity is 5.25% 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 Green Resources PCL (BKK:GREEN) Overvalued in 2026?
Based on GuruFocus' analysis, Green Resources PCL stock appears to be undervalued.
The current stock price of ฿0.72 is trading 14.3% below its estimated GF Value™ of ฿0.84.
GuruFocus considers Green Resources PCL to be Modestly Undervalued.
Key valuation signals for BKK:GREEN:
Return-on-Tangible-Equity: 5.25%
GF Value™: ฿0.84 vs. price of ฿0.72 (14.3% below fair value)
Industry Position: 9.8% above the Utilities - Independent Power Producers median (#296 of 429)
No single metric tells the full story. See the BKK:GREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Green Resources PCL is engaged in the business of real estate development, generation and distribution of electricity from solar, sale of goods with the installation of solar-cell systems. The company's segments include Real Estate, Rental and related services, and Energy generated from solar-cell systems. It derives the majority of the revenue from Energy generating from the solar-cell segment. The Group operates in a single geographical area in Thailand.
40GF Score
Get the complete analysis for BKK:GREEN
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