Micro Leasing PCLBKK:MICRO -1.74%78 Return-on-Tangible-Equity is 5.11% as of Dec. 2025, which is 24% below its 10-year median of 6.68. GuruFocus rates BKK:MICRO with a GF Score™ of 78/100 and a GF Value™ of ฿1.09 (Fairly Valued). The stock has 9 warning signs investors should review. Among 524 Credit Services companies, Micro Leasing PCL ranks worse than 68.51% 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. Micro Leasing PCL's annualized net income for the quarter that ended in Dec. 2025 was ฿90.0 Mil. Micro Leasing PCL's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ฿1,761.0 Mil. Therefore, Micro Leasing PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.11%.
The historical rank and industry rank for Micro Leasing PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:MICRO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.53 Med: 6.68 Max: 10.86
Current: 2.11
During the past 8 years, Micro Leasing PCL's highest Return-on-Tangible-Equity was 10.86%. The lowest was -8.53%. And the median was 6.68%.
BKK:MICRO's Return-on-Tangible-Equity is ranked worse than 68.51% of 524
companies
in the Credit Services industry
Industry Median: 7.055
vs BKK:MICRO: 2.11
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.
Micro Leasing PCL Return-on-Tangible-Equity Related Terms
Micro Leasing PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for Micro Leasing 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:MICRO vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Micro Leasing 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.
Micro Leasing PCL Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Micro Leasing PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Micro Leasing 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.11% mean?
Micro Leasing PCL (BKK:MICRO) has a Return-on-Tangible-Equity of 5.11% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Micro Leasing PCL and its competitors. This is 24% below median its historical median of 6.68. According to the industry distribution chart, Micro Leasing PCL ranks #359 out of 524 companies in the Credit Services industry, placing it in the top 68.5%.
Is Micro Leasing PCL's Return-on-Tangible-Equity too high?
Micro Leasing PCL's current Return-on-Tangible-Equity of 5.11% is 24% below median its 10-year median of 6.68. The Credit Services industry median Return-on-Tangible-Equity is 7.06. Micro Leasing PCL's value of 5.11% is 27.6% below this industry median. Based on the distribution chart, Micro Leasing PCL ranks #359 out of 524 companies in the Credit Services industry, which is below the industry midpoint. Overall, Micro Leasing PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Micro Leasing PCL's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Micro Leasing PCL ranks #359 out of 524 companies for Return-on-Tangible-Equity. This places Micro Leasing PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.06. Micro Leasing PCL's value of 5.11% is 27.6% below this benchmark. While the company's 10-year median is 6.68 vs. the industry median of 7.06, Micro Leasing 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.06, based on 524 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. Micro Leasing PCL's current Return-on-Tangible-Equity of 5.11% is 27.6% 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 Micro Leasing PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro Leasing PCL's current Return-on-Tangible-Equity is 5.11%, which is 24% below median its own 10-year median of 6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Micro Leasing PCL (BKK:MICRO) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.09, compared to a current price of ฿1.13 — trading 3.7% above its estimated fair value. The current Return-on-Tangible-Equity is 5.11%, which is 24% below median its 10-year median of 6.68 and 27.6% below the Credit Services industry median of 7.06. Micro Leasing PCL's overall GF Score™ is 78/100 with 9 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 Micro Leasing PCL (BKK:MICRO), the current Return-on-Tangible-Equity is 5.11% as of Dec. 2025. 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 Micro Leasing PCL (BKK:MICRO) Overvalued in 2026?
Based on GuruFocus' analysis, Micro Leasing PCL stock appears to be overvalued.
The current stock price of ฿1.13 is trading 3.7% above its estimated GF Value™ of ฿1.09.
GuruFocus considers Micro Leasing PCL to be Fairly Valued.
Key valuation signals for BKK:MICRO:
Return-on-Tangible-Equity: 5.11% (24% below median its 10-year median of 6.68)
GF Value™: ฿1.09 vs. price of ฿1.13 (3.7% above fair value)
Industry Position: 27.6% below the Credit Services median (#359 of 524)
No single metric tells the full story. See the BKK:MICRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micro Leasing PCL is engaged in the business of providing hire purchase loans for used trucks, such as six-wheel, ten-wheel, and motorcycles. The Group's operations involves operating segments which are hire purchase of trucks business, hire purchase of motorcycles business; insurance brokerage business and personal loan business. The company carries its operations in Thailand. It generates majority of its revenue from Hire purchase of trucks business.
78GF Score
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