Alpha Divisions PCL (BKK:ALPHAX) ROA %: 1.98% (As of Jun. 2026) — 383% Above Median

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BKK:ALPHAX Alpha Divisions PCL BKK:ALPHAX
24 GF Score
Price ฿0.23
GF Value ฿0.65
Valuation Possible Value Trap
! 3 Warning Signs
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What is Alpha Divisions PCL ROA %?

Alpha Divisions PCL BKK:ALPHAX 24 ROA % is 1.98% as of Jun. 2026, which is 383% above its 10-year median of 0.41. GuruFocus rates BKK:ALPHAX with a GF Score™ of 24/100 and a GF Value™ of ฿0.65 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 453 Utilities - Independent Power Producers companies, Alpha Divisions PCL ranks better than 66.67% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alpha Divisions PCL's annualized Net Income for the quarter that ended in Jun. 2026 was ฿136.1 Mil. Alpha Divisions PCL's average Total Assets over the quarter that ended in Jun. 2026 was ฿6,866.6 Mil. Therefore, Alpha Divisions PCL's annualized ROA % for the quarter that ended in Jun. 2026 was 1.98%.

The historical rank and industry rank for Alpha Divisions PCL's ROA % or its related term are showing as below:

BKK:ALPHAX' s ROA % Range Over the Past 10 Years
Min: -30.1   Med: 0.41   Max: 5.9
Current: 3

During the past 13 years, Alpha Divisions PCL's highest ROA % was 5.90%. The lowest was -30.10%. And the median was 0.41%.

BKK:ALPHAX's ROA % is ranked better than
66.67% of 453 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.05 vs BKK:ALPHAX: 3.00

Alpha Divisions PCL  (BKK:ALPHAX) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=136.076/6866.644
=(Net Income / Revenue)*(Revenue / Total Assets)
=(136.076 / 291.832)*(291.832 / 6866.644)
=Net Margin %*Asset Turnover
=46.63 %*0.0425
=1.98 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Alpha Divisions PCL ROA % Related Terms


Alpha Divisions PCL ROA % Historical Data

* Premium members only.

The historical data trend for Alpha Divisions PCL's ROA % 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.

Alpha Divisions PCL ROA % Chart

Alpha Divisions PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 2.56 -2.75 5.49 5.24

Alpha Divisions PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % 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 7.02 7.47 4.98 -2.04 1.98

Alpha Divisions PCL ROA % Competitor Comparison

For the Utilities - Renewable subindustry, Alpha Divisions PCL's ROA %, along with its competitors' market caps and ROA % 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.


Alpha Divisions PCL ROA % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alpha Divisions PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Alpha Divisions PCL's ROA % falls into.


BKK:ALPHAX
24GF Score
Alpha Divisions PCL BKK:ALPHAX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Divisions PCL ROA % Calculation

Alpha Divisions PCL's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=318.259/( (6126.849+6019.476)/ 2 )
=318.259/6073.1625
=5.24 %

Alpha Divisions PCL's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=136.076/( (6208.722+7524.566)/ 2 )
=136.076/6866.644
=1.98 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 1.98% mean?
Alpha Divisions PCL (BKK:ALPHAX) has a ROA % of 1.98% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Alpha Divisions PCL and its competitors. This is 383% above median its historical median of 0.41. According to the industry distribution chart, Alpha Divisions PCL ranks #151 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 33.3%.
Is Alpha Divisions PCL's ROA % too high?
Alpha Divisions PCL's current ROA % of 1.98% is 383% above median its 10-year median of 0.41. The Utilities - Independent Power Producers industry median ROA % is 1.05. Alpha Divisions PCL's value of 1.98% is 88.6% above this industry median. Based on the distribution chart, Alpha Divisions PCL ranks #151 out of 453 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Alpha Divisions PCL has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Divisions PCL's ROA % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Alpha Divisions PCL ranks #151 out of 453 companies for ROA %. This puts Alpha Divisions PCL in the upper half of its industry. The industry median ROA % is 1.05. Alpha Divisions PCL's value of 1.98% is 88.6% above this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 1.05, Alpha Divisions 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 ROA % for an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.05, based on 453 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpha Divisions PCL's current ROA % of 1.98% is 88.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Alpha Divisions PCL and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Divisions PCL's current ROA % is 1.98%, which is 383% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Divisions PCL stock overvalued right now?
Based on GuruFocus' analysis, Alpha Divisions PCL (BKK:ALPHAX) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.65, compared to a current price of ฿0.23 — trading 64.6% below its estimated fair value. The current ROA % is 1.98%, which is 383% above median its 10-year median of 0.41 and 88.6% above the Utilities - Independent Power Producers industry median of 1.05. Alpha Divisions PCL's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Alpha Divisions PCL (BKK:ALPHAX), the current ROA % is 1.98% as of Jun. 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 Alpha Divisions PCL (BKK:ALPHAX) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Divisions PCL stock appears to be undervalued. The current stock price of ฿0.23 is trading 64.6% below its estimated GF Value™ of ฿0.65. GuruFocus considers Alpha Divisions PCL to be Possible Value Trap.

Key valuation signals for BKK:ALPHAX:

  • ROA %: 1.98% (383% above median its 10-year median of 0.41)
  • GF Value™: ฿0.65 vs. price of ฿0.23 (64.6% below fair value)
  • GF Score™: 24/100 with 3 warning signs
  • Industry Position: 88.6% above the Utilities - Independent Power Producers median (#151 of 453)

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


Alpha Divisions PCL Business Description

Address Ratchadamri Road, Room No. D, 24th Floor, 127 Gaysorn Tower Building, Lumphini Subdistrict, Pathumwan District, Bangkok, THA, 10330
Alpha Divisions PCL and its subsidiary (the Group) is engaged in 2 principal businesses as follows:- Energy business is a producer, distributor, agent for selling electricity from solar energy, wind, water, or others, and other business includes motorcycles, cars, gold, agricultural equipment hire purchase business, and microfinance business in the Lao People's Democratic Republic (Lao PDR). The majority of its revenue is generated from the Energy business. The Group operates the business carried out in the geographic area in domestic and foreign markets.
24GF Score

Get the complete analysis for BKK:ALPHAX

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.23
Price
฿0.65
GF Value