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Phol Dhanya PCLBKK:PHOL -0.62%74 Return-on-Tangible-Equity is 19.24% as of Mar. 2026, which is 22% above its 10-year median of 15.71. GuruFocus rates BKK:PHOL with a GF Score™ of 74/100 and a GF Value™ of ฿2.92 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,008 Business Services companies, Phol Dhanya PCL ranks better than 64.09% 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. Phol Dhanya PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿82 Mil. Phol Dhanya PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿424 Mil. Therefore, Phol Dhanya PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.24%.
The historical rank and industry rank for Phol Dhanya PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PHOL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -40.39 Med: 15.71 Max: 24.24
Current: 17.07
During the past 13 years, Phol Dhanya PCL's highest Return-on-Tangible-Equity was 24.24%. The lowest was -40.39%. And the median was 15.71%.
BKK:PHOL's Return-on-Tangible-Equity is ranked better than 64.09% of 1008
companies
in the Business Services industry
Industry Median: 10.7
vs BKK:PHOL: 17.07
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.
Phol Dhanya PCL Return-on-Tangible-Equity Related Terms
Phol Dhanya PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Phol Dhanya 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:PHOL vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, Phol Dhanya 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.
Phol Dhanya PCL Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Phol Dhanya PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Phol Dhanya 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 19.24% mean?
Phol Dhanya PCL (BKK:PHOL) has a Return-on-Tangible-Equity of 19.24% 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 Phol Dhanya PCL and its competitors. This is 22% above median its historical median of 15.71. According to the industry distribution chart, Phol Dhanya PCL ranks #362 out of 1008 companies in the Business Services industry, placing it in the top 35.9%.
Is Phol Dhanya PCL's Return-on-Tangible-Equity too high?
Phol Dhanya PCL's current Return-on-Tangible-Equity of 19.24% is 22% above median its 10-year median of 15.71. The Business Services industry median Return-on-Tangible-Equity is 10.70. Phol Dhanya PCL's value of 19.24% is 79.8% above this industry median. Based on the distribution chart, Phol Dhanya PCL ranks #362 out of 1008 companies in the Business Services industry, which is above the industry midpoint. Overall, Phol Dhanya PCL has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phol Dhanya PCL's Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Phol Dhanya PCL ranks #362 out of 1008 companies for Return-on-Tangible-Equity. This puts Phol Dhanya PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.70. Phol Dhanya PCL's value of 19.24% is 79.8% above this benchmark. While the company's 10-year median is 15.71 vs. the industry median of 10.70, Phol Dhanya 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.70, based on 1,008 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. Phol Dhanya PCL's current Return-on-Tangible-Equity of 19.24% is 79.8% 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 Phol Dhanya PCL and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phol Dhanya PCL's current Return-on-Tangible-Equity is 19.24%, which is 22% above median its own 10-year median of 15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phol Dhanya PCL stock overvalued right now?
Based on GuruFocus' analysis, Phol Dhanya PCL (BKK:PHOL) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.92, compared to a current price of ฿3.20 — trading 9.6% above its estimated fair value. The current Return-on-Tangible-Equity is 19.24%, which is 22% above median its 10-year median of 15.71 and 79.8% above the Business Services industry median of 10.70. Phol Dhanya PCL's overall GF Score™ is 74/100 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 Phol Dhanya PCL (BKK:PHOL), the current Return-on-Tangible-Equity is 19.24% 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 Phol Dhanya PCL (BKK:PHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Phol Dhanya PCL stock appears to be overvalued.
The current stock price of ฿3.20 is trading 9.6% above its estimated GF Value™ of ฿2.92.
GuruFocus considers Phol Dhanya PCL to be Fairly Valued.
Key valuation signals for BKK:PHOL:
Return-on-Tangible-Equity: 19.24% (22% above median its 10-year median of 15.71)
GF Value™: ฿2.92 vs. price of ฿3.20 (9.6% above fair value)
Industry Position: 79.8% above the Business Services median (#362 of 1008)
No single metric tells the full story. See the BKK:PHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phol Dhanya PCL is a Thailand-based company engaged in the trading business. It is involved in the distribution of safety, health, and environmental products, and the distribution, production, and servicing of water treatment systems. The operating segments of the group are Trading in Health and Safety Products, Water treatment systems, and Others. It generates the majority of its revenue from the Trading in Health and Safety Products segment. The company offers products like firefighting suits, gas meters, fall protection devices, gloves, dust masks, chemical masks, and other related products. The group operates in Thailand, and internationally of which the majority of the revenue is derived from Thailand.
74GF Score
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