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N.D. Rubber PCLBKK:NDR -0.56%63 Return-on-Tangible-Equity is 5.37% as of Mar. 2026, which is 69% above its 10-year median of 3.18. GuruFocus rates BKK:NDR with a GF Score™ of 63/100 and a GF Value™ of ฿1.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,283 Vehicles & Parts companies, N.D. Rubber PCL ranks worse than 67.42% 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. N.D. Rubber PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿47.6 Mil. N.D. Rubber PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿886.3 Mil. Therefore, N.D. Rubber PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.37%.
The historical rank and industry rank for N.D. Rubber PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:NDR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.32 Med: 3.18 Max: 13.71
Current: 3.29
During the past 12 years, N.D. Rubber PCL's highest Return-on-Tangible-Equity was 13.71%. The lowest was -9.32%. And the median was 3.18%.
BKK:NDR's Return-on-Tangible-Equity is ranked worse than 67.42% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs BKK:NDR: 3.29
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.
N.D. Rubber PCL Return-on-Tangible-Equity Related Terms
N.D. Rubber PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for N.D. Rubber 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:NDR vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, N.D. Rubber 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.
N.D. Rubber PCL Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, N.D. Rubber PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where N.D. Rubber 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 5.37% mean?
N.D. Rubber PCL (BKK:NDR) has a Return-on-Tangible-Equity of 5.37% 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 N.D. Rubber PCL and its competitors. This is 69% above median its historical median of 3.18. According to the industry distribution chart, N.D. Rubber PCL ranks #865 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 67.4%.
Is N.D. Rubber PCL's Return-on-Tangible-Equity too high?
N.D. Rubber PCL's current Return-on-Tangible-Equity of 5.37% is 69% above median its 10-year median of 3.18. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. N.D. Rubber PCL's value of 5.37% is 29.2% below this industry median. Based on the distribution chart, N.D. Rubber PCL ranks #865 out of 1283 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, N.D. Rubber PCL has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does N.D. Rubber PCL's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, N.D. Rubber PCL ranks #865 out of 1283 companies for Return-on-Tangible-Equity. This places N.D. Rubber PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.58. N.D. Rubber PCL's value of 5.37% is 29.2% below this benchmark. While the company's 10-year median is 3.18 vs. the industry median of 7.58, N.D. Rubber 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,283 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. N.D. Rubber PCL's current Return-on-Tangible-Equity of 5.37% is 29.2% 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 N.D. Rubber PCL and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N.D. Rubber PCL's current Return-on-Tangible-Equity is 5.37%, which is 69% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.D. Rubber PCL stock overvalued right now?
Based on GuruFocus' analysis, N.D. Rubber PCL (BKK:NDR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.32, compared to a current price of ฿1.78 — trading 34.8% above its estimated fair value. The current Return-on-Tangible-Equity is 5.37%, which is 69% above median its 10-year median of 3.18 and 29.2% below the Vehicles & Parts industry median of 7.58. N.D. Rubber PCL's overall GF Score™ is 63/100 with 4 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 N.D. Rubber PCL (BKK:NDR), the current Return-on-Tangible-Equity is 5.37% 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 N.D. Rubber PCL (BKK:NDR) Overvalued in 2026?
Based on GuruFocus' analysis, N.D. Rubber PCL stock appears to be overvalued.
The current stock price of ฿1.78 is trading 34.8% above its estimated GF Value™ of ฿1.32.
GuruFocus considers N.D. Rubber PCL to be Significantly Overvalued.
Key valuation signals for BKK:NDR:
Return-on-Tangible-Equity: 5.37% (69% above median its 10-year median of 3.18)
GF Value™: ฿1.32 vs. price of ฿1.78 (34.8% above fair value)
Industry Position: 29.2% below the Vehicles & Parts median (#865 of 1283)
No single metric tells the full story. See the BKK:NDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
N.D. Rubber PCL is engaged in the manufacturing and distribution of tyres, tubes, and batteries for motorcycles and automobiles. It offers Tyres and Tubes for motorcycles, Bicycle batteries, Rubber parts, Shoes, Lube oil, and synthetic, producing and distributing electricity from the solar energy. The company derives revenue from the sales made in Thailand and the overseas market. It generates a majority of revenue from the sales of Tyres.
63GF Score
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