Sonic Interfreight PCL (BKK:SONIC) Return-on-Tangible-Equity: 9.36% (As of Mar. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SONIC Sonic Interfreight PCL BKK:SONIC
77 GF Score
Price ฿1.54
GF Value ฿1.40
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Sonic Interfreight PCL Return-on-Tangible-Equity?

Sonic Interfreight PCL BKK:SONIC 77 Return-on-Tangible-Equity is 9.36% as of Mar. 2026, which is 18% below its 10-year median of 11.44. GuruFocus rates BKK:SONIC with a GF Score™ of 77/100 and a GF Value™ of ฿1.40 (Fairly Valued). The stock has 2 warning signs investors should review. Among 979 Transportation companies, Sonic Interfreight PCL ranks worse than 53.42% 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. Sonic Interfreight PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿140 Mil. Sonic Interfreight PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,500 Mil. Therefore, Sonic Interfreight PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.36%.

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

BKK:SONIC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.01   Med: 11.44   Max: 27.3
Current: 8.19

During the past 13 years, Sonic Interfreight PCL's highest Return-on-Tangible-Equity was 27.30%. The lowest was 8.01%. And the median was 11.44%.

BKK:SONIC's Return-on-Tangible-Equity is ranked worse than
53.42% of 979 companies
in the Transportation industry
Industry Median: 8.96 vs BKK:SONIC: 8.19

Sonic Interfreight PCL  (BKK:SONIC) 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.


Sonic Interfreight PCL Return-on-Tangible-Equity Related Terms


Sonic Interfreight PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sonic Interfreight 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.

Sonic Interfreight PCL Return-on-Tangible-Equity Chart

Sonic Interfreight 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 27.30 26.68 9.30 11.47 8.03

Sonic Interfreight 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 8.98 7.26 9.32 6.97 9.36

BKK:SONIC vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison

For the Integrated Freight & Logistics subindustry, Sonic Interfreight 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.


Sonic Interfreight PCL Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Sonic Interfreight PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sonic Interfreight PCL's Return-on-Tangible-Equity falls into.


BKK:SONIC
77GF Score
Sonic Interfreight PCL BKK:SONIC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonic Interfreight PCL Return-on-Tangible-Equity Calculation

Sonic Interfreight 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 )
=120.209/( (1508.458+1484.646 )/ 2 )
=120.209/1496.552
=8.03 %

Sonic Interfreight 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 )
=140.34/( (1484.646+1514.663)/ 2 )
=140.34/1499.6545
=9.36 %

* 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 9.36% mean?
Sonic Interfreight PCL (BKK:SONIC) has a Return-on-Tangible-Equity of 9.36% 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 Sonic Interfreight PCL and its competitors. This is 18% below median its historical median of 11.44. Over the past decade, Sonic Interfreight PCL's Return-on-Tangible-Equity has ranged from 8.01 to 27.30. According to the industry distribution chart, Sonic Interfreight PCL ranks #523 out of 979 companies in the Transportation industry, placing it in the top 53.4%.
Is Sonic Interfreight PCL's Return-on-Tangible-Equity too high?
Sonic Interfreight PCL's current Return-on-Tangible-Equity of 9.36% is 18% below median its 10-year median of 11.44. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 27.30. The Transportation industry median Return-on-Tangible-Equity is 8.96. Sonic Interfreight PCL's value of 9.36% is 4.5% above this industry median. Based on the distribution chart, Sonic Interfreight PCL ranks #523 out of 979 companies in the Transportation industry, which is below the industry midpoint. Overall, Sonic Interfreight PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sonic Interfreight PCL's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Sonic Interfreight PCL ranks #523 out of 979 companies for Return-on-Tangible-Equity. This places Sonic Interfreight PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.96. Sonic Interfreight PCL's value of 9.36% is 4.5% above this benchmark. Historically, Sonic Interfreight PCL's own Return-on-Tangible-Equity has ranged from 8.01 to 27.30 over the past decade. While the company's 10-year median is 11.44 vs. the industry median of 8.96, Sonic Interfreight 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 8.96, based on 979 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. Sonic Interfreight PCL's current Return-on-Tangible-Equity of 9.36% is 4.5% 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 Sonic Interfreight PCL and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonic Interfreight PCL's current Return-on-Tangible-Equity is 9.36%, which is 18% below median its own 10-year median of 11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Interfreight PCL stock overvalued right now?
Based on GuruFocus' analysis, Sonic Interfreight PCL (BKK:SONIC) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.40, compared to a current price of ฿1.54 — trading 10% above its estimated fair value. The current Return-on-Tangible-Equity is 9.36%, which is 18% below median its 10-year median of 11.44 and 4.5% above the Transportation industry median of 8.96. Sonic Interfreight PCL's overall GF Score™ is 77/100 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 Sonic Interfreight PCL (BKK:SONIC), the current Return-on-Tangible-Equity is 9.36% 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 Sonic Interfreight PCL (BKK:SONIC) Overvalued in 2026?

Based on GuruFocus' analysis, Sonic Interfreight PCL stock appears to be overvalued. The current stock price of ฿1.54 is trading 10% above its estimated GF Value™ of ฿1.40. GuruFocus considers Sonic Interfreight PCL to be Fairly Valued.

Key valuation signals for BKK:SONIC:

  • Return-on-Tangible-Equity: 9.36% (18% below median its 10-year median of 11.44)
  • GF Value™: ฿1.40 vs. price of ฿1.54 (10% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 4.5% above the Transportation median (#523 of 979)

No single metric tells the full story. See the BKK:SONIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonic Interfreight PCL Business Description

Address 79/349-350 Sathupradit Road, 1st and 2nd Floor, Chongnonsi, Yannawa, Bangkok, THA, 10120
Sonic Interfreight PCL is a Thailand-based company engaged in freight forwarding and logistics services. The group provides integrated transportation solutions across land, sea, air, and multimodal channels. It operates through three reportable segments: Freight Forwarding, Land Transportation, and Renewable Energy. It generates the majority of its revenue from the Freight Forwarding segment.
77GF Score

Get the complete analysis for BKK:SONIC

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.54
Price
฿1.40
GF Value