MPJ Logistics PCLBKK:MPJ 13 Return-on-Tangible-Equity is 12.73% as of Mar. 2026, which is 33% below its 10-year median of 19.07. GuruFocus rates BKK:MPJ with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 977 Transportation companies, MPJ Logistics PCL ranks better than 68.47% 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. MPJ Logistics PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿94 Mil. MPJ Logistics PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿741 Mil. Therefore, MPJ Logistics PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.73%.
The historical rank and industry rank for MPJ Logistics PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:MPJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.12 Med: 19.07 Max: 44.95
Current: 14.58
During the past 5 years, MPJ Logistics PCL's highest Return-on-Tangible-Equity was 44.95%. The lowest was 4.12%. And the median was 19.07%.
BKK:MPJ's Return-on-Tangible-Equity is ranked better than 68.47% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs BKK:MPJ: 14.58
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.
MPJ Logistics PCL Return-on-Tangible-Equity Related Terms
MPJ Logistics PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for MPJ Logistics 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:MPJ vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, MPJ Logistics 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.
MPJ Logistics PCL Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, MPJ Logistics PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MPJ Logistics 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 12.73% mean?
MPJ Logistics PCL (BKK:MPJ) has a Return-on-Tangible-Equity of 12.73% 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 MPJ Logistics PCL and its competitors. This is 33% below median its historical median of 19.07. Over the past decade, MPJ Logistics PCL's Return-on-Tangible-Equity has ranged from 4.12 to 44.95. According to the industry distribution chart, MPJ Logistics PCL ranks #308 out of 977 companies in the Transportation industry, placing it in the top 31.5%.
Is MPJ Logistics PCL's Return-on-Tangible-Equity too high?
MPJ Logistics PCL's current Return-on-Tangible-Equity of 12.73% is 33% below median its 10-year median of 19.07. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 44.95. The Transportation industry median Return-on-Tangible-Equity is 9.02. MPJ Logistics PCL's value of 12.73% is 41.1% above this industry median. Based on the distribution chart, MPJ Logistics PCL ranks #308 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, MPJ Logistics PCL ranks #308 out of 977 companies for Return-on-Tangible-Equity. This puts MPJ Logistics PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. MPJ Logistics PCL's value of 12.73% is 41.1% above this benchmark. Historically, MPJ Logistics PCL's own Return-on-Tangible-Equity has ranged from 4.12 to 44.95 over the past decade. While the company's 10-year median is 19.07 vs. the industry median of 9.02, MPJ Logistics 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. MPJ Logistics PCL's current Return-on-Tangible-Equity of 12.73% is 41.1% 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 MPJ Logistics PCL and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPJ Logistics PCL's current Return-on-Tangible-Equity is 12.73%, which is 33% below median its own 10-year median of 19.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Return-on-Tangible-Equity of 12.73%. The current Return-on-Tangible-Equity is 12.73%, which is 33% below median its 10-year median of 19.07 and 41.1% above the Transportation industry median of 9.02. MPJ Logistics PCL's overall GF Score™ is 13/100 with 2 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 MPJ Logistics PCL (BKK:MPJ), the current Return-on-Tangible-Equity is 12.73% 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.
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
13GF Score
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