V.L. Enterprise PCLBKK:VL +1.25%45 Return-on-Tangible-Equity is 7.39% as of Mar. 2026, which is 2% above its 10-year median of 7.27. GuruFocus rates BKK:VL with a GF Score™ of 45/100 and a GF Value™ of ฿0.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 977 Transportation companies, V.L. Enterprise PCL ranks worse than 65.61% 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. V.L. Enterprise PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿78.8 Mil. V.L. Enterprise PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,066.8 Mil. Therefore, V.L. Enterprise PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.39%.
The historical rank and industry rank for V.L. Enterprise PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:VL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.56 Med: 7.27 Max: 13.91
Current: 5.38
During the past 9 years, V.L. Enterprise PCL's highest Return-on-Tangible-Equity was 13.91%. The lowest was 2.56%. And the median was 7.27%.
BKK:VL's Return-on-Tangible-Equity is ranked worse than 65.61% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs BKK:VL: 5.38
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.
V.L. Enterprise PCL Return-on-Tangible-Equity Related Terms
V.L. Enterprise PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for V.L. Enterprise 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.
For the Marine Shipping subindustry, V.L. Enterprise 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.
V.L. Enterprise PCL Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, V.L. Enterprise PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where V.L. Enterprise 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 7.39% mean?
V.L. Enterprise PCL (BKK:VL) has a Return-on-Tangible-Equity of 7.39% 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 V.L. Enterprise PCL and its competitors. This is near median its historical median of 7.27. Over the past decade, V.L. Enterprise PCL's Return-on-Tangible-Equity has ranged from 2.56 to 13.91. According to the industry distribution chart, V.L. Enterprise PCL ranks #641 out of 977 companies in the Transportation industry, placing it in the top 65.6%.
Is V.L. Enterprise PCL's Return-on-Tangible-Equity too high?
V.L. Enterprise PCL's current Return-on-Tangible-Equity of 7.39% is near median its 10-year median of 7.27. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 13.91. The Transportation industry median Return-on-Tangible-Equity is 9.02. V.L. Enterprise PCL's value of 7.39% is 18.1% below this industry median. Based on the distribution chart, V.L. Enterprise PCL ranks #641 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, V.L. Enterprise PCL has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does V.L. Enterprise PCL's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, V.L. Enterprise PCL ranks #641 out of 977 companies for Return-on-Tangible-Equity. This places V.L. Enterprise PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.02. V.L. Enterprise PCL's value of 7.39% is 18.1% below this benchmark. Historically, V.L. Enterprise PCL's own Return-on-Tangible-Equity has ranged from 2.56 to 13.91 over the past decade. While the company's 10-year median is 7.27 vs. the industry median of 9.02, V.L. Enterprise PCL 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. V.L. Enterprise PCL's current Return-on-Tangible-Equity of 7.39% is 18.1% 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 V.L. Enterprise PCL and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V.L. Enterprise PCL's current Return-on-Tangible-Equity is 7.39%, which is near median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.L. Enterprise PCL stock overvalued right now?
Based on GuruFocus' analysis, V.L. Enterprise PCL (BKK:VL) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.89, compared to a current price of ฿0.80 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Equity is 7.39%, which is near median its 10-year median of 7.27 and 18.1% below the Transportation industry median of 9.02. V.L. Enterprise PCL's overall GF Score™ is 45/100 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 V.L. Enterprise PCL (BKK:VL), the current Return-on-Tangible-Equity is 7.39% 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 V.L. Enterprise PCL (BKK:VL) Overvalued in 2026?
Based on GuruFocus' analysis, V.L. Enterprise PCL stock appears to be undervalued.
The current stock price of ฿0.80 is trading 10.1% below its estimated GF Value™ of ฿0.89.
GuruFocus considers V.L. Enterprise PCL to be Fairly Valued.
Key valuation signals for BKK:VL:
Return-on-Tangible-Equity: 7.39% (near median its 10-year median of 7.27)
GF Value™: ฿0.89 vs. price of ฿0.80 (10.1% below fair value)
Industry Position: 18.1% below the Transportation median (#641 of 977)
No single metric tells the full story. See the BKK:VL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V.L. Enterprise PCL operates a tanker fleet business and provides logistical cargo shipping locally and regionally. It manages the business of transportation services for petroleum and chemical products, covering both domestic and international cargo. The company's operating segment is the oil tanker fleet transportation service. Geographically, the company provides freight services in both domestic and international shipping services in Southeast Asia, generating a vast majority of its revenues from domestic freight charges.
45GF Score
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