Prima Marine PCLBKK:PRM -0.55%96 Return-on-Tangible-Equity is 24.37% as of Mar. 2026, which is 11% above its 10-year median of 21.87. GuruFocus rates BKK:PRM with a GF Score™ of 96/100 and a GF Value™ of ฿7.87 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 942 Oil & Gas companies, Prima Marine PCL ranks better than 79.51% 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. Prima Marine PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿2,486 Mil. Prima Marine PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿10,198 Mil. Therefore, Prima Marine PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.37%.
The historical rank and industry rank for Prima Marine PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PRM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.3 Med: 21.87 Max: 44.95
Current: 20.66
During the past 12 years, Prima Marine PCL's highest Return-on-Tangible-Equity was 44.95%. The lowest was 12.30%. And the median was 21.87%.
BKK:PRM's Return-on-Tangible-Equity is ranked better than 79.51% of 942
companies
in the Oil & Gas industry
Industry Median: 6.73
vs BKK:PRM: 20.66
Prima Marine PCL (BKK:PRM) 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.
Prima Marine PCL Return-on-Tangible-Equity Related Terms
Prima Marine PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Prima Marine 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:PRM vs WMB, EPD, KMI: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, Prima Marine 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.
Prima Marine PCL Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Prima Marine PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Prima Marine 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 24.37% mean?
Prima Marine PCL (BKK:PRM) has a Return-on-Tangible-Equity of 24.37% 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 Prima Marine PCL and its competitors. This is 11% above median its historical median of 21.87. Over the past decade, Prima Marine PCL's Return-on-Tangible-Equity has ranged from 12.30 to 44.95. According to the industry distribution chart, Prima Marine PCL ranks #193 out of 942 companies in the Oil & Gas industry, placing it in the top 20.5%.
Is Prima Marine PCL's Return-on-Tangible-Equity too high?
Prima Marine PCL's current Return-on-Tangible-Equity of 24.37% is 11% above median its 10-year median of 21.87. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 44.95. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Prima Marine PCL's value of 24.37% is 262.1% above this industry median. Based on the distribution chart, Prima Marine PCL ranks #193 out of 942 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Prima Marine PCL has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prima Marine PCL's Return-on-Tangible-Equity compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Prima Marine PCL ranks #193 out of 942 companies for Return-on-Tangible-Equity. This places Prima Marine PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Prima Marine PCL's value of 24.37% is 262.1% above this benchmark. Historically, Prima Marine PCL's own Return-on-Tangible-Equity has ranged from 12.30 to 44.95 over the past decade. While the company's 10-year median is 21.87 vs. the industry median of 6.73, Prima Marine 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 942 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. Prima Marine PCL's current Return-on-Tangible-Equity of 24.37% is 262.1% 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 Prima Marine PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Marine PCL's current Return-on-Tangible-Equity is 24.37%, which is 11% above median its own 10-year median of 21.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Prima Marine PCL (BKK:PRM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.87, compared to a current price of ฿9.00 — trading 14.4% above its estimated fair value. The current Return-on-Tangible-Equity is 24.37%, which is 11% above median its 10-year median of 21.87 and 262.1% above the Oil & Gas industry median of 6.73. Prima Marine PCL's overall GF Score™ is 96/100 with 8 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 Prima Marine PCL (BKK:PRM), the current Return-on-Tangible-Equity is 24.37% 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 Prima Marine PCL (BKK:PRM) Overvalued in 2026?
Based on GuruFocus' analysis, Prima Marine PCL stock appears to be overvalued.
The current stock price of ฿9.00 is trading 14.4% above its estimated GF Value™ of ฿7.87.
GuruFocus considers Prima Marine PCL to be Modestly Overvalued.
Key valuation signals for BKK:PRM:
Return-on-Tangible-Equity: 24.37% (11% above median its 10-year median of 21.87)
GF Value™: ฿7.87 vs. price of ฿9.00 (14.4% above fair value)
Industry Position: 262.1% above the Oil & Gas median (#193 of 942)
No single metric tells the full story. See the BKK:PRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prima Marine PCL is engaged in the marine transportation of petroleum and chemical products and in providing services that support offshore petroleum exploration and production, along with ship management. The company operates through four segments: marine transportation of petroleum and chemical products; storage of petroleum products; services supporting offshore exploration and production, including transportation of personnel and equipment and accommodation work barges; and ship management and related services such as ship agency, crew recruitment and transportation, operational support, business administration, procurement, marketing, financial consulting, and technical support. The company generates the majority of its revenue from Thailand.
96GF Score
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