Prime Road Power PCL (BKK:PRIME) Return-on-Tangible-Equity: 77.23% (As of Mar. 2026)


What is Prime Road Power PCL Return-on-Tangible-Equity?

Prime Road Power PCL BKK:PRIME Return-on-Tangible-Equity is 77.23% as of Mar. 2026. The stock has 6 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Prime Road Power PCL ranks better than 54.59% 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. Prime Road Power PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿1,170.6 Mil. Prime Road Power PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,515.8 Mil. Therefore, Prime Road Power PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 77.23%.

The historical rank and industry rank for Prime Road Power PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:PRIME' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -151.85   Med: -3.53   Max: 25.92
Current: 6.03

During the past 13 years, Prime Road Power PCL's highest Return-on-Tangible-Equity was 25.92%. The lowest was -151.85%. And the median was -3.53%.

BKK:PRIME's Return-on-Tangible-Equity is ranked better than
54.59% of 425 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.71 vs BKK:PRIME: 6.03

Prime Road Power PCL  (BKK:PRIME) 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.


Prime Road Power PCL Return-on-Tangible-Equity Related Terms


Prime Road Power PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Prime Road Power 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.

Prime Road Power PCL Return-on-Tangible-Equity Chart

Prime Road Power 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 5.86 5.72 -44.62 -12.78 -16.43

Prime Road Power 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 -6.41 -13.06 -16.82 -27.04 77.23

Prime Road Power PCL Return-on-Tangible-Equity Competitor Comparison

For the Utilities - Renewable subindustry, Prime Road Power 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.


Prime Road Power PCL Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Prime Road Power PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Prime Road Power PCL's Return-on-Tangible-Equity falls into.



Prime Road Power PCL Return-on-Tangible-Equity Calculation

Prime Road Power 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 )
=-226.407/( (1399.274+1357.309 )/ 2 )
=-226.407/1378.2915
=-16.43 %

Prime Road Power 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 )
=1170.608/( (1357.309+1674.309)/ 2 )
=1170.608/1515.809
=77.23 %

* 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 77.23% mean?
Prime Road Power PCL (BKK:PRIME) has a Return-on-Tangible-Equity of 77.23% 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 Prime Road Power PCL and its competitors. According to the industry distribution chart, Prime Road Power PCL ranks #193 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 45.4%.
Is Prime Road Power PCL's Return-on-Tangible-Equity too high?
Prime Road Power PCL's current Return-on-Tangible-Equity is 77.23%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.71. Prime Road Power PCL's value of 77.23% is 1539.7% above this industry median. Based on the distribution chart, Prime Road Power PCL ranks #193 out of 425 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint.
How does Prime Road Power PCL's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Prime Road Power PCL ranks #193 out of 425 companies for Return-on-Tangible-Equity. This puts Prime Road Power PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.71. Prime Road Power PCL's value of 77.23% is 1539.7% above this benchmark. 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.71, based on 425 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. Prime Road Power PCL's current Return-on-Tangible-Equity of 77.23% is 1539.7% 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 Prime Road Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Road Power PCL's current Return-on-Tangible-Equity is 77.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Road Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Prime Road Power PCL (BKK:PRIME) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.06 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Equity is 77.23% and 1539.7% above the Utilities - Independent Power Producers industry median of 4.71. 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 Prime Road Power PCL (BKK:PRIME), the current Return-on-Tangible-Equity is 77.23% 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.

Prime Road Power PCL Business Description

Address Soi Vibhavadi Rangsit 19, Vibhavadi Rangsit Road, 22nd Floor, 1 TP&T Tower, Chatuchak, Bangkok, THA, 10900
Prime Road Power PCL is a renewable energy project developer. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises, both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.