Utility Business Alliance PCLBKK:UBA +1.85%61 Return-on-Tangible-Equity is 10.37% as of Mar. 2026, which is 29% below its 10-year median of 14.65. GuruFocus rates BKK:UBA with a GF Score™ of 61/100 and a GF Value™ of ฿0.88 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 226 Waste Management companies, Utility Business Alliance PCL ranks better than 53.98% 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. Utility Business Alliance PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿67.9 Mil. Utility Business Alliance PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿655.0 Mil. Therefore, Utility Business Alliance PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.37%.
The historical rank and industry rank for Utility Business Alliance PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:UBA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.8 Med: 14.65 Max: 23.77
Current: 11.21
During the past 6 years, Utility Business Alliance PCL's highest Return-on-Tangible-Equity was 23.77%. The lowest was 9.80%. And the median was 14.65%.
BKK:UBA's Return-on-Tangible-Equity is ranked better than 53.98% of 226
companies
in the Waste Management industry
Industry Median: 9.73
vs BKK:UBA: 11.21
Utility Business Alliance PCL (BKK:UBA) 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.
Utility Business Alliance PCL Return-on-Tangible-Equity Related Terms
Utility Business Alliance 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.
Utility Business Alliance PCL Return-on-Tangible-Equity Chart
BKK:UBA vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Utility Business Alliance 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.
Utility Business Alliance PCL Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Utility Business Alliance PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Utility Business Alliance 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 10.37% mean?
Utility Business Alliance PCL (BKK:UBA) has a Return-on-Tangible-Equity of 10.37% 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 Utility Business Alliance PCL and its competitors. This is 29% below median its historical median of 14.65. Over the past decade, Utility Business Alliance PCL's Return-on-Tangible-Equity has ranged from 9.80 to 23.77. According to the industry distribution chart, Utility Business Alliance PCL ranks #104 out of 226 companies in the Waste Management industry, placing it in the top 46%.
Is Utility Business Alliance PCL's Return-on-Tangible-Equity too high?
Utility Business Alliance PCL's current Return-on-Tangible-Equity of 10.37% is 29% below median its 10-year median of 14.65. Over the past 10 years, this metric has ranged from a low of 9.80 to a high of 23.77. The Waste Management industry median Return-on-Tangible-Equity is 9.73. Utility Business Alliance PCL's value of 10.37% is 6.6% above this industry median. Based on the distribution chart, Utility Business Alliance PCL ranks #104 out of 226 companies in the Waste Management industry, which is above the industry midpoint. Overall, Utility Business Alliance PCL has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Utility Business Alliance PCL's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Utility Business Alliance PCL ranks #104 out of 226 companies for Return-on-Tangible-Equity. This puts Utility Business Alliance PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.73. Utility Business Alliance PCL's value of 10.37% is 6.6% above this benchmark. Historically, Utility Business Alliance PCL's own Return-on-Tangible-Equity has ranged from 9.80 to 23.77 over the past decade. While the company's 10-year median is 14.65 vs. the industry median of 9.73, Utility Business Alliance 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.73, based on 226 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. Utility Business Alliance PCL's current Return-on-Tangible-Equity of 10.37% is 6.6% 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 Utility Business Alliance PCL and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility Business Alliance PCL's current Return-on-Tangible-Equity is 10.37%, which is 29% below median its own 10-year median of 14.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility Business Alliance PCL stock overvalued right now?
Based on GuruFocus' analysis, Utility Business Alliance PCL (BKK:UBA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.88, compared to a current price of ฿1.10 — trading 25% above its estimated fair value. The current Return-on-Tangible-Equity is 10.37%, which is 29% below median its 10-year median of 14.65 and 6.6% above the Waste Management industry median of 9.73. Utility Business Alliance PCL's overall GF Score™ is 61/100 with 5 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 Utility Business Alliance PCL (BKK:UBA), the current Return-on-Tangible-Equity is 10.37% 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 Utility Business Alliance PCL (BKK:UBA) Overvalued in 2026?
Based on GuruFocus' analysis, Utility Business Alliance PCL stock appears to be overvalued.
The current stock price of ฿1.10 is trading 25% above its estimated GF Value™ of ฿0.88.
GuruFocus considers Utility Business Alliance PCL to be Modestly Overvalued.
Key valuation signals for BKK:UBA:
Return-on-Tangible-Equity: 10.37% (29% below median its 10-year median of 14.65)
GF Value™: ฿0.88 vs. price of ฿1.10 (25% above fair value)
Industry Position: 6.6% above the Waste Management median (#104 of 226)
No single metric tells the full story. See the BKK:UBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Utility Business Alliance PCL Business Description
Utility Business Alliance PCL is engaged in the provision of technical engineering and other related services. It provides complete system operation and maintenance services, along with providing consulting services, design, construction, and installation of machinery and equipment. The group has one operating segments which are operates specifically service segment in Thailand.
61GF Score
Get the complete analysis for BKK:UBA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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