Siripinyo REITBKK:SIRIPRT 18 Return-on-Tangible-Equity is 3.72% as of Mar. 2026, which is 11% below its 10-year median of 4.16. GuruFocus rates BKK:SIRIPRT with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 935 REITs companies, Siripinyo REIT ranks worse than 64.49% 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. Siripinyo REIT's annualized net income for the quarter that ended in Mar. 2026 was ฿73.8 Mil. Siripinyo REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,986.9 Mil. Therefore, Siripinyo REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.72%.
The historical rank and industry rank for Siripinyo REIT's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SIRIPRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.12 Med: 4.16 Max: 4.16
Current: 4.12
During the past 2 years, Siripinyo REIT's highest Return-on-Tangible-Equity was 4.16%. The lowest was 4.12%. And the median was 4.16%.
BKK:SIRIPRT's Return-on-Tangible-Equity is ranked worse than 64.49% of 935
companies
in the REITs industry
Industry Median: 6.23
vs BKK:SIRIPRT: 4.12
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.
Siripinyo REIT Return-on-Tangible-Equity Related Terms
Siripinyo REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Siripinyo REIT'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:SIRIPRT vs BXP, ARE, VNO: Return-on-Tangible-Equity Comparison
For the REIT - Office subindustry, Siripinyo REIT'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.
Siripinyo REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Siripinyo REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Siripinyo REIT'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 3.72% mean?
Siripinyo REIT (BKK:SIRIPRT) has a Return-on-Tangible-Equity of 3.72% 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 Siripinyo REIT and its competitors. This is 11% below median its historical median of 4.16. Over the past decade, Siripinyo REIT's Return-on-Tangible-Equity has ranged from 4.12 to 4.16. According to the industry distribution chart, Siripinyo REIT ranks #603 out of 935 companies in the REITs industry, placing it in the top 64.5%.
Is Siripinyo REIT's Return-on-Tangible-Equity too high?
Siripinyo REIT's current Return-on-Tangible-Equity of 3.72% is 11% below median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 4.16. The REITs industry median Return-on-Tangible-Equity is 6.23. Siripinyo REIT's value of 3.72% is 40.3% below this industry median. Based on the distribution chart, Siripinyo REIT ranks #603 out of 935 companies in the REITs industry, which is below the industry midpoint. Overall, Siripinyo REIT has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Siripinyo REIT's Return-on-Tangible-Equity compare to BXP and ARE?
According to the REITs industry distribution chart, Siripinyo REIT ranks #603 out of 935 companies for Return-on-Tangible-Equity. This places Siripinyo REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Siripinyo REIT's value of 3.72% is 40.3% below this benchmark. Historically, Siripinyo REIT's own Return-on-Tangible-Equity has ranged from 4.12 to 4.16 over the past decade. While the company's 10-year median is 4.16 vs. the industry median of 6.23, Siripinyo REIT has consistently been below 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 935 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. Siripinyo REIT's current Return-on-Tangible-Equity of 3.72% is 40.3% below 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 Siripinyo REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siripinyo REIT's current Return-on-Tangible-Equity is 3.72%, which is 11% below median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siripinyo REIT stock overvalued right now?
Siripinyo REIT (BKK:SIRIPRT) has a current Return-on-Tangible-Equity of 3.72%. The current Return-on-Tangible-Equity is 3.72%, which is 11% below median its 10-year median of 4.16 and 40.3% below the REITs industry median of 6.23. Siripinyo REIT's overall GF Score™ is 18/100 with 2 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 Siripinyo REIT (BKK:SIRIPRT), the current Return-on-Tangible-Equity is 3.72% 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.
Siripinyo REIT invest in Siripinyo Building Project which is an office building for rent including the transfer of ownership of land, buildings, utilities systems and other movable properties in connection with the operation of Siripinyo Building Project. \Geographically, the trust operates only in Thailand.
18GF Score
Get the complete analysis for BKK:SIRIPRT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:SIRIPRT has been successfully added to your 