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Samart Aviation Solutions PCLBKK:SAV 40 Return-on-Tangible-Equity is 191.80% as of Mar. 2026, which is 26% above its 10-year median of 152.36. GuruFocus rates BKK:SAV with a GF Score™ of 40/100 and a GF Value™ of ฿19.73 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 978 Transportation companies, Samart Aviation Solutions PCL ranks better than 93.35% 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. Samart Aviation Solutions PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿572 Mil. Samart Aviation Solutions PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿298 Mil. Therefore, Samart Aviation Solutions PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 191.80%.
The historical rank and industry rank for Samart Aviation Solutions PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SAV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 146.17 Med: 152.36 Max: 158.54
Current: 158.25
During the past 5 years, Samart Aviation Solutions PCL's highest Return-on-Tangible-Equity was 158.54%. The lowest was 146.17%. And the median was 152.36%.
BKK:SAV's Return-on-Tangible-Equity is ranked better than 93.35% of 978
companies
in the Transportation industry
Industry Median: 8.995
vs BKK:SAV: 158.25
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.
Samart Aviation Solutions PCL Return-on-Tangible-Equity Related Terms
Samart Aviation Solutions 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.
BKK:SAV vs JOBY, CAAP: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Samart Aviation Solutions 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.
Samart Aviation Solutions PCL Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Samart Aviation Solutions PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Samart Aviation Solutions 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 191.80% mean?
Samart Aviation Solutions PCL (BKK:SAV) has a Return-on-Tangible-Equity of 191.80% 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 Samart Aviation Solutions PCL and its competitors. This is 26% above median its historical median of 152.36. Over the past decade, Samart Aviation Solutions PCL's Return-on-Tangible-Equity has ranged from 146.17 to 158.54. According to the industry distribution chart, Samart Aviation Solutions PCL ranks #65 out of 978 companies in the Transportation industry, placing it in the top 6.6%.
Is Samart Aviation Solutions PCL's Return-on-Tangible-Equity too high?
Samart Aviation Solutions PCL's current Return-on-Tangible-Equity of 191.80% is 26% above median its 10-year median of 152.36. Over the past 10 years, this metric has ranged from a low of 146.17 to a high of 158.54. The Transportation industry median Return-on-Tangible-Equity is 9.00. Samart Aviation Solutions PCL's value of 191.80% is 2032.3% above this industry median. Based on the distribution chart, Samart Aviation Solutions PCL ranks #65 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Samart Aviation Solutions PCL has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Samart Aviation Solutions PCL's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Samart Aviation Solutions PCL ranks #65 out of 978 companies for Return-on-Tangible-Equity. This places Samart Aviation Solutions PCL in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.00. Samart Aviation Solutions PCL's value of 191.80% is 2032.3% above this benchmark. Historically, Samart Aviation Solutions PCL's own Return-on-Tangible-Equity has ranged from 146.17 to 158.54 over the past decade. While the company's 10-year median is 152.36 vs. the industry median of 9.00, Samart Aviation Solutions 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 978 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. Samart Aviation Solutions PCL's current Return-on-Tangible-Equity of 191.80% is 2032.3% 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 Samart Aviation Solutions PCL and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samart Aviation Solutions PCL's current Return-on-Tangible-Equity is 191.80%, which is 26% above median its own 10-year median of 152.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samart Aviation Solutions PCL stock overvalued right now?
Based on GuruFocus' analysis, Samart Aviation Solutions PCL (BKK:SAV) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿19.73, compared to a current price of ฿11.60 — trading 41.2% below its estimated fair value. The current Return-on-Tangible-Equity is 191.80%, which is 26% above median its 10-year median of 152.36 and 2032.3% above the Transportation industry median of 9.00. Samart Aviation Solutions PCL's overall GF Score™ is 40/100 with 1 warning sign 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 Samart Aviation Solutions PCL (BKK:SAV), the current Return-on-Tangible-Equity is 191.80% 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 Samart Aviation Solutions PCL (BKK:SAV) Overvalued in 2026?
Based on GuruFocus' analysis, Samart Aviation Solutions PCL stock appears to be undervalued.
The current stock price of ฿11.60 is trading 41.2% below its estimated GF Value™ of ฿19.73.
GuruFocus considers Samart Aviation Solutions PCL to be Significantly Undervalued.
Key valuation signals for BKK:SAV:
Return-on-Tangible-Equity: 191.80% (26% above median its 10-year median of 152.36)
GF Value™: ฿19.73 vs. price of ฿11.60 (41.2% below fair value)
Industry Position: 2032.3% above the Transportation median (#65 of 978)
No single metric tells the full story. See the BKK:SAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Samart Aviation Solutions PCL Business Description
Samart Aviation Solutions PCL is a holding company. It is engaged in providing air traffic control services in Cambodia. The group is principally engaged in Utilities and Transportation. The single geographical area of operations is Cambodia.
40GF Score
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