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Mida Assets PCLBKK:MIDA 32 Return-on-Tangible-Equity is -1.52% as of Mar. 2026. GuruFocus rates BKK:MIDA with a GF Score™ of 32/100 and a GF Value™ of ฿0.30 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 525 Credit Services companies, Mida Assets PCL ranks worse than 89.33% 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. Mida Assets PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-45 Mil. Mida Assets PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿2,963 Mil. Therefore, Mida Assets PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.52%.
The historical rank and industry rank for Mida Assets PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:MIDA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.05 Med: -1.39 Max: 8.37
Current: -14.05
During the past 13 years, Mida Assets PCL's highest Return-on-Tangible-Equity was 8.37%. The lowest was -14.05%. And the median was -1.39%.
BKK:MIDA's Return-on-Tangible-Equity is ranked worse than 89.33% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs BKK:MIDA: -14.05
Mida Assets PCL (BKK:MIDA) 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.
Mida Assets PCL Return-on-Tangible-Equity Related Terms
Mida Assets PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mida Assets 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:MIDA vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Mida Assets 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.
Mida Assets PCL Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Mida Assets PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mida Assets 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 -1.52% mean?
Mida Assets PCL (BKK:MIDA) has a Return-on-Tangible-Equity of -1.52% 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 Mida Assets PCL and its competitors. According to the industry distribution chart, Mida Assets PCL ranks #469 out of 525 companies in the Credit Services industry, placing it in the top 89.3%.
Is Mida Assets PCL's Return-on-Tangible-Equity too high?
Mida Assets PCL's current Return-on-Tangible-Equity is -1.52%. Based on the distribution chart, Mida Assets PCL ranks #469 out of 525 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Mida Assets PCL has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Assets PCL's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Mida Assets PCL ranks #469 out of 525 companies for Return-on-Tangible-Equity. This places Mida Assets PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. 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 7.01, based on 525 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. 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 Mida Assets PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mida Assets PCL's current Return-on-Tangible-Equity is -1.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mida Assets PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Assets PCL (BKK:MIDA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.30, compared to a current price of ฿0.50 — trading 66.7% above its estimated fair value. The current Return-on-Tangible-Equity is -1.52%. Mida Assets PCL's overall GF Score™ is 32/100 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 Mida Assets PCL (BKK:MIDA), the current Return-on-Tangible-Equity is -1.52% 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 Mida Assets PCL (BKK:MIDA) Overvalued in 2026?
Based on GuruFocus' analysis, Mida Assets PCL stock appears to be overvalued.
The current stock price of ฿0.50 is trading 66.7% above its estimated GF Value™ of ฿0.30.
GuruFocus considers Mida Assets PCL to be Significantly Overvalued.
Key valuation signals for BKK:MIDA:
Return-on-Tangible-Equity: -1.52%
GF Value™: ฿0.30 vs. price of ฿0.50 (66.7% above fair value)
No single metric tells the full story. See the BKK:MIDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchase financing for electrical home appliance, providing financial services for cars, motorcycles, and used cars, hotel business, condominium for rental and hotel operations services and management, real estate development for sales, golf course rental, agency for sale of real estate, advertising, public relation, providing financial services, management of non-performing assets, pawnshop services, herbal supplement, security guard services, organizing event, manufacturing beer and Others. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services and Others.
32GF Score
Get the complete analysis for BKK:MIDA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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