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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. Planet Communications Asia PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-129.7 Mil. Planet Communications Asia PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿542.9 Mil. Therefore, Planet Communications Asia PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -23.89%.
The historical rank and industry rank for Planet Communications Asia PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PLANET'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -46.6 Med: -4.96 Max: 1.48
Current: -12.24
During the past 13 years, Planet Communications Asia PCL's highest Return-on-Tangible-Equity was 1.48%. The lowest was -46.60%. And the median was -4.96%.
BKK:PLANET's Return-on-Tangible-Equity is ranked worse than 83.97% of 2383
companies
in the Hardware industry
Industry Median: 5.39
vs BKK:PLANET: -12.24
Planet Communications Asia PCL (BKK:PLANET) 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.
Planet Communications Asia PCL Return-on-Tangible-Equity Related Terms
Planet Communications Asia PCL Return-on-Tangible-Equity Historical Data
* 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.
Planet Communications Asia PCL Return-on-Tangible-Equity Chart
BKK:PLANET vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Planet Communications Asia 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.
Planet Communications Asia PCL Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Planet Communications Asia PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Planet Communications Asia 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 -23.89% mean?
Planet Communications Asia PCL (BKK:PLANET) has a Return-on-Tangible-Equity of -23.89% 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 Planet Communications Asia PCL and its competitors. According to the industry distribution chart, Planet Communications Asia PCL ranks #2001 out of 2383 companies in the Hardware industry, placing it in the top 84%.
Is Planet Communications Asia PCL's Return-on-Tangible-Equity too high?
Planet Communications Asia PCL's current Return-on-Tangible-Equity is -23.89%. Based on the distribution chart, Planet Communications Asia PCL ranks #2001 out of 2383 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Planet Communications Asia PCL has a GF Score™ of 23/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Planet Communications Asia PCL's Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Planet Communications Asia PCL ranks #2001 out of 2383 companies for Return-on-Tangible-Equity. This places Planet Communications Asia PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.39. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.39, based on 2,383 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 Planet Communications Asia PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Communications Asia PCL's current Return-on-Tangible-Equity is -23.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Communications Asia PCL stock overvalued right now?
Based on GuruFocus' analysis, Planet Communications Asia PCL (BKK:PLANET) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.53, compared to a current price of ฿0.56 — trading 5.7% above its estimated fair value. The current Return-on-Tangible-Equity is -23.89%. Planet Communications Asia PCL's overall GF Score™ is 23/100 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 Planet Communications Asia PCL (BKK:PLANET), the current Return-on-Tangible-Equity is -23.89% 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 Planet Communications Asia PCL (BKK:PLANET) Overvalued in 2026?
Based on GuruFocus' analysis, Planet Communications Asia PCL stock appears to be overvalued.
The current stock price of ฿0.56 is trading 5.7% above its estimated GF Value™ of ฿0.53.
GuruFocus considers Planet Communications Asia PCL to be Fairly Valued.
Key valuation signals for BKK:PLANET:
Return-on-Tangible-Equity: -23.89%
GF Value™: ฿0.53 vs. price of ฿0.56 (5.7% above fair value)
No single metric tells the full story. See the BKK:PLANET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Communications Asia PCL is engaged in the distribution, service, installation and maintenance of telecommunication equipment and providing high-speed internet and other related services on fiber optic networks, utility management service, distribution and service of cyber security systems, distribution and providing full-service related to electric vehicles, and providing services via the cloud and data center. The Group has three reportable segments: the Sale of products and solution segment, the Services segment, and the Service providers segment. The majority of revenue is from Sale of products and the solution segment, which sells by being a reseller that sells projects as a system integrator and manufacturer. The company generates revenue from Thailand and other countries.
23GF Score
Get the complete analysis for BKK:PLANET
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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