M.K. Real Estate Development PCL (BKK:MK-R) Return-on-Tangible-Equity: -12.98% (As of Mar. 2026)


BKK:MK-R M.K. Real Estate Development PCL BKK:MK-R
5 GF Score
Price ฿2.76
GF Value ฿3.66
! 7 Warning Signs
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What is M.K. Real Estate Development PCL Return-on-Tangible-Equity?

M.K. Real Estate Development PCL BKK:MK-R 5 Return-on-Tangible-Equity is -12.98% as of Mar. 2026. GuruFocus rates BKK:MK-R with a GF Score™ of 5/100 and a GF Value™ of ฿3.66. The stock has 7 warning signs investors should review. Among 1,714 Real Estate companies, M.K. Real Estate Development PCL ranks worse than 86.06% 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. M.K. Real Estate Development PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-622 Mil. M.K. Real Estate Development PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿4,793 Mil. Therefore, M.K. Real Estate Development PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -12.98%.

The historical rank and industry rank for M.K. Real Estate Development PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:MK-R' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.1   Med: -0.31   Max: 7.32
Current: -9.85

During the past 13 years, M.K. Real Estate Development PCL's highest Return-on-Tangible-Equity was 7.32%. The lowest was -15.10%. And the median was -0.31%.

BKK:MK-R's Return-on-Tangible-Equity is ranked worse than
86.06% of 1714 companies
in the Real Estate industry
Industry Median: 4.195 vs BKK:MK-R: -9.85

M.K. Real Estate Development PCL  (BKK:MK-R) 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.


M.K. Real Estate Development PCL Return-on-Tangible-Equity Related Terms


M.K. Real Estate Development PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for M.K. Real Estate Development 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.

M.K. Real Estate Development PCL Return-on-Tangible-Equity Chart

M.K. Real Estate Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.84 -0.56 -11.26 -15.10 -8.85

M.K. Real Estate Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.30 -3.03 -11.09 -12.63 -12.98

M.K. Real Estate Development PCL Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, M.K. Real Estate Development 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.


M.K. Real Estate Development PCL Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, M.K. Real Estate Development PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where M.K. Real Estate Development PCL's Return-on-Tangible-Equity falls into.


BKK:MK-R
5GF Score
M.K. Real Estate Development PCL BKK:MK-R
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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M.K. Real Estate Development PCL Return-on-Tangible-Equity Calculation

M.K. Real Estate Development PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-465.094/( (5642.877+4862.721 )/ 2 )
=-465.094/5252.799
=-8.85 %

M.K. Real Estate Development PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-622.38/( (4862.721+4723.988)/ 2 )
=-622.38/4793.3545
=-12.98 %

* 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 -12.98% mean?
M.K. Real Estate Development PCL (BKK:MK-R) has a Return-on-Tangible-Equity of -12.98% 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 M.K. Real Estate Development PCL and its competitors. According to the industry distribution chart, M.K. Real Estate Development PCL ranks #1475 out of 1714 companies in the Real Estate industry, placing it in the top 86.1%.
Is M.K. Real Estate Development PCL's Return-on-Tangible-Equity too high?
M.K. Real Estate Development PCL's current Return-on-Tangible-Equity is -12.98%. Based on the distribution chart, M.K. Real Estate Development PCL ranks #1475 out of 1714 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, M.K. Real Estate Development PCL has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does M.K. Real Estate Development PCL's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, M.K. Real Estate Development PCL ranks #1475 out of 1714 companies for Return-on-Tangible-Equity. This places M.K. Real Estate Development PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.20. 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 4.20, based on 1,714 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 M.K. Real Estate Development PCL and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.K. Real Estate Development PCL's current Return-on-Tangible-Equity is -12.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.K. Real Estate Development PCL stock overvalued right now?
M.K. Real Estate Development PCL (BKK:MK-R) has a current Return-on-Tangible-Equity of -12.98%. The stock's GF Value™ is ฿3.66, compared to a current price of ฿2.76 — trading 24.7% below its estimated fair value. The current Return-on-Tangible-Equity is -12.98%. M.K. Real Estate Development PCL's overall GF Score™ is 5/100 with 7 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 M.K. Real Estate Development PCL (BKK:MK-R), the current Return-on-Tangible-Equity is -12.98% 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 M.K. Real Estate Development PCL (BKK:MK-R) Overvalued in 2026?

Based on GuruFocus' analysis, M.K. Real Estate Development PCL stock appears to be undervalued. The current stock price of ฿2.76 is trading 24.7% below its estimated GF Value™ of ฿3.66.

Key valuation signals for BKK:MK-R:

  • Return-on-Tangible-Equity: -12.98%
  • GF Value™: ฿3.66 vs. price of ฿2.76 (24.7% below fair value)
  • GF Score™: 5/100 with 7 warning signs

No single metric tells the full story. See the BKK:MK-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M.K. Real Estate Development PCL Business Description

Other Exchanges MK:Thailand
Address No. 345, Surawong Road, 6th - 8th Floor, 345 Surawong Building, Suriyawong Sub-District, Bangrak District, Bangkok, THA, 10500
M.K. Real Estate Development PCL is a Thailand-based real estate developer. The principal activities of the Group are property development for sale including land, land and house, construction for the Company's own projects, land and building rental, and a health and wellness center. The group has four reportable segments: Real estate; Rental warehouse, factory, and others; Property management; Health and wellness center. The majority of revenue is from rental warehouses, factory, and others. The Group is mainly managed and operates principally in Thailand. There are no revenues derived from foreign countries.
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Get the complete analysis for BKK:MK-R

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.76
Price
฿3.66
GF Value