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MDX PCLBKK:MDX -0.53%71 Return-on-Tangible-Equity is 6.20% as of Mar. 2026, which is 10% above its 10-year median of 5.62. GuruFocus rates BKK:MDX with a GF Score™ of 71/100 and a GF Value™ of ฿3.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,719 Real Estate companies, MDX PCL ranks better than 65.5% 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. MDX PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿262.5 Mil. MDX PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿4,235.4 Mil. Therefore, MDX PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.20%.
The historical rank and industry rank for MDX PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:MDX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.85 Med: 5.62 Max: 15.57
Current: 8.06
During the past 13 years, MDX PCL's highest Return-on-Tangible-Equity was 15.57%. The lowest was 1.85%. And the median was 5.62%.
BKK:MDX's Return-on-Tangible-Equity is ranked better than 65.5% of 1719
companies
in the Real Estate industry
Industry Median: 4.27
vs BKK:MDX: 8.06
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.
MDX PCL Return-on-Tangible-Equity Related Terms
MDX PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MDX 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.
For the Real Estate - Development subindustry, MDX 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.
MDX PCL Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MDX PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MDX 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 6.20% mean?
MDX PCL (BKK:MDX) has a Return-on-Tangible-Equity of 6.20% 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 MDX PCL and its competitors. This is 10% above median its historical median of 5.62. Over the past decade, MDX PCL's Return-on-Tangible-Equity has ranged from 1.85 to 15.57. According to the industry distribution chart, MDX PCL ranks #593 out of 1719 companies in the Real Estate industry, placing it in the top 34.5%.
Is MDX PCL's Return-on-Tangible-Equity too high?
MDX PCL's current Return-on-Tangible-Equity of 6.20% is 10% above median its 10-year median of 5.62. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 15.57. The Real Estate industry median Return-on-Tangible-Equity is 4.27. MDX PCL's value of 6.20% is 45.2% above this industry median. Based on the distribution chart, MDX PCL ranks #593 out of 1719 companies in the Real Estate industry, which is above the industry midpoint. Overall, MDX PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MDX PCL's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, MDX PCL ranks #593 out of 1719 companies for Return-on-Tangible-Equity. This puts MDX PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. MDX PCL's value of 6.20% is 45.2% above this benchmark. Historically, MDX PCL's own Return-on-Tangible-Equity has ranged from 1.85 to 15.57 over the past decade. While the company's 10-year median is 5.62 vs. the industry median of 4.27, MDX 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,719 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. MDX PCL's current Return-on-Tangible-Equity of 6.20% is 45.2% 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 MDX PCL and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDX PCL's current Return-on-Tangible-Equity is 6.20%, which is 10% above median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDX PCL stock overvalued right now?
Based on GuruFocus' analysis, MDX PCL (BKK:MDX) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.91, compared to a current price of ฿3.74 — trading 4.3% below its estimated fair value. The current Return-on-Tangible-Equity is 6.20%, which is 10% above median its 10-year median of 5.62 and 45.2% above the Real Estate industry median of 4.27. MDX PCL's overall GF Score™ is 71/100 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 MDX PCL (BKK:MDX), the current Return-on-Tangible-Equity is 6.20% 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 MDX PCL (BKK:MDX) Overvalued in 2026?
Based on GuruFocus' analysis, MDX PCL stock appears to be undervalued.
The current stock price of ฿3.74 is trading 4.3% below its estimated GF Value™ of ฿3.91.
GuruFocus considers MDX PCL to be Fairly Valued.
Key valuation signals for BKK:MDX:
Return-on-Tangible-Equity: 6.20% (10% above median its 10-year median of 5.62)
GF Value™: ฿3.91 vs. price of ฿3.74 (4.3% below fair value)
Industry Position: 45.2% above the Real Estate median (#593 of 1719)
No single metric tells the full story. See the BKK:MDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDX PCL is engaged in the investment and development of real estate and basic infrastructure projects. Through its subsidiaries, the company is also involved in investing in power plant projects and the distribution of electrical power. It operates in three business segments: the real estate segment, which generates maximum revenue, electricity generation, and others. Further, the real estate segment has two parts: sale of land and rental and utility services.
71GF Score
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