Charoong Thai Wire & Cable PCL (BKK:CTW) ROA %: 4.62% (As of Mar. 2026) — 157% Above Median


BKK:CTW Charoong Thai Wire & Cable PCL BKK:CTW
49 GF Score
Price ฿6.80
GF Value ฿3.95
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Charoong Thai Wire & Cable PCL ROA %?

Charoong Thai Wire & Cable PCL BKK:CTW +2.26% 49 ROA % is 4.62% as of Mar. 2026, which is 157% above its 10-year median of 1.80. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,071 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks better than 56.53% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Charoong Thai Wire & Cable PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿280 Mil. Charoong Thai Wire & Cable PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿6,062 Mil. Therefore, Charoong Thai Wire & Cable PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 4.62%.

The historical rank and industry rank for Charoong Thai Wire & Cable PCL's ROA % or its related term are showing as below:

BKK:CTW' s ROA % Range Over the Past 10 Years
Min: -6.77   Med: 1.8   Max: 5.56
Current: 3.93

During the past 13 years, Charoong Thai Wire & Cable PCL's highest ROA % was 5.56%. The lowest was -6.77%. And the median was 1.80%.

BKK:CTW's ROA % is ranked better than
56.53% of 3071 companies
in the Industrial Products industry
Industry Median: 3.04 vs BKK:CTW: 3.93

Charoong Thai Wire & Cable PCL  (BKK:CTW) 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: Mar. 2026 )
=Net Income/Total Assets
=280.1/6061.923
=(Net Income / Revenue)*(Revenue / Total Assets)
=(280.1 / 6568.632)*(6568.632 / 6061.923)
=Net Margin %*Asset Turnover
=4.26 %*1.0836
=4.62 %

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


Charoong Thai Wire & Cable PCL ROA % Related Terms


Charoong Thai Wire & Cable PCL ROA % Historical Data

* Premium members only.

The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL ROA % Chart

Charoong Thai Wire & Cable 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 -6.77 0.39 -2.26 1.76 1.84

Charoong Thai Wire & Cable PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.68 3.88 6.85 0.56 4.62

BKK:CTW vs VRT, BE: ROA % Comparison

For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.


Charoong Thai Wire & Cable PCL ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Charoong Thai Wire & Cable PCL's ROA % falls into.


BKK:CTW
49GF Score
Charoong Thai Wire & Cable PCL BKK:CTW
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Charoong Thai Wire & Cable PCL ROA % Calculation

Charoong Thai Wire & Cable 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 )
=107.215/( (5602.933+6030.338)/ 2 )
=107.215/5816.6355
=1.84 %

Charoong Thai Wire & Cable PCL's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=280.1/( (6030.338+6093.508)/ 2 )
=280.1/6061.923
=4.62 %

* 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 (Mar. 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 4.62% mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a ROA % of 4.62% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Charoong Thai Wire & Cable PCL and its competitors. This is 157% above median its historical median of 1.80. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1335 out of 3071 companies in the Industrial Products industry, placing it in the top 43.5%.
Is Charoong Thai Wire & Cable PCL's ROA % too high?
Charoong Thai Wire & Cable PCL's current ROA % of 4.62% is 157% above median its 10-year median of 1.80. The Industrial Products industry median ROA % is 3.04. Charoong Thai Wire & Cable PCL's value of 4.62% is 52% above this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #1335 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1335 out of 3071 companies for ROA %. This puts Charoong Thai Wire & Cable PCL in the upper half of its industry. The industry median ROA % is 3.04. Charoong Thai Wire & Cable PCL's value of 4.62% is 52% above this benchmark. While the company's 10-year median is 1.80 vs. the industry median of 3.04, Charoong Thai Wire & Cable 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.04, based on 3,071 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. Charoong Thai Wire & Cable PCL's current ROA % of 4.62% is 52% 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median ROA % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current ROA % is 4.62%, which is 157% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.80 — trading 72.2% above its estimated fair value. The current ROA % is 4.62%, which is 157% above median its 10-year median of 1.80 and 52% above the Industrial Products industry median of 3.04. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 with 6 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current ROA % is 4.62% 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?

Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued. The current stock price of ฿6.80 is trading 72.2% above its estimated GF Value™ of ฿3.95. GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.

Key valuation signals for BKK:CTW:

  • ROA %: 4.62% (157% above median its 10-year median of 1.80)
  • GF Value™: ฿3.95 vs. price of ฿6.80 (72.2% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 52% above the Industrial Products median (#1335 of 3071)

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


Charoong Thai Wire & Cable PCL Business Description

Address Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score

Get the complete analysis for BKK:CTW

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

฿6.80
Price
฿3.95
GF Value