Frasers Property (Thailand) PCL (BKK:FPT) ROA %: 5.28% (As of Mar. 2026) — 192% Above Median


BKK:FPT Frasers Property (Thailand) PCL BKK:FPT
65 GF Score
Price ฿6.30
GF Value ฿11.46
Valuation Possible Value Trap
! 7 Warning Signs
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What is Frasers Property (Thailand) PCL ROA %?

Frasers Property (Thailand) PCL BKK:FPT 65 ROA % is 5.28% as of Mar. 2026, which is 192% above its 10-year median of 1.81. GuruFocus rates BKK:FPT with a GF Score™ of 65/100 and a GF Value™ of ฿11.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,801 Real Estate companies, Frasers Property (Thailand) PCL ranks better than 59.24% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Frasers Property (Thailand) PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿5,078 Mil. Frasers Property (Thailand) PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿96,262 Mil. Therefore, Frasers Property (Thailand) PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 5.28%.

The historical rank and industry rank for Frasers Property (Thailand) PCL's ROA % or its related term are showing as below:

BKK:FPT' s ROA % Range Over the Past 10 Years
Min: 0.76   Med: 1.81   Max: 3.01
Current: 2.63

During the past 13 years, Frasers Property (Thailand) PCL's highest ROA % was 3.01%. The lowest was 0.76%. And the median was 1.81%.

BKK:FPT's ROA % is ranked better than
59.24% of 1801 companies
in the Real Estate industry
Industry Median: 1.7 vs BKK:FPT: 2.63

Frasers Property (Thailand) PCL  (BKK:FPT) 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
=5078.408/96262.397
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5078.408 / 10736.248)*(10736.248 / 96262.397)
=Net Margin %*Asset Turnover
=47.3 %*0.1115
=5.28 %

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.


Frasers Property (Thailand) PCL ROA % Related Terms


Frasers Property (Thailand) PCL ROA % Historical Data

* Premium members only.

The historical data trend for Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL ROA % Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 2.57 1.90 1.49 1.53

Frasers Property (Thailand) 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 0.92 2.68 1.13 1.43 5.28

Frasers Property (Thailand) PCL ROA % Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (Thailand) 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.


Frasers Property (Thailand) PCL ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's ROA % falls into.


BKK:FPT
65GF Score
Frasers Property (Thailand) PCL BKK:FPT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Property (Thailand) PCL ROA % Calculation

Frasers Property (Thailand) PCL's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=1460.758/( (96591.207+93878.488)/ 2 )
=1460.758/95234.8475
=1.53 %

Frasers Property (Thailand) 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 )
=5078.408/( (93542.254+98982.54)/ 2 )
=5078.408/96262.397
=5.28 %

* 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 5.28% mean?
Frasers Property (Thailand) PCL (BKK:FPT) has a ROA % of 5.28% 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 Frasers Property (Thailand) PCL and its competitors. This is 192% above median its historical median of 1.81. Over the past decade, Frasers Property (Thailand) PCL's ROA % has ranged from 0.76 to 3.01. According to the industry distribution chart, Frasers Property (Thailand) PCL ranks #734 out of 1801 companies in the Real Estate industry, placing it in the top 40.8%.
Is Frasers Property (Thailand) PCL's ROA % too high?
Frasers Property (Thailand) PCL's current ROA % of 5.28% is 192% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.01. The Real Estate industry median ROA % is 1.70. Frasers Property (Thailand) PCL's value of 5.28% is 210.6% above this industry median. Based on the distribution chart, Frasers Property (Thailand) PCL ranks #734 out of 1801 companies in the Real Estate industry, which is above the industry midpoint. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Frasers Property (Thailand) PCL ranks #734 out of 1801 companies for ROA %. This puts Frasers Property (Thailand) PCL in the upper half of its industry. The industry median ROA % is 1.70. Frasers Property (Thailand) PCL's value of 5.28% is 210.6% above this benchmark. Historically, Frasers Property (Thailand) PCL's own ROA % has ranged from 0.76 to 3.01 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.70, Frasers Property (Thailand) 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 a Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,801 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. Frasers Property (Thailand) PCL's current ROA % of 5.28% is 210.6% 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 Frasers Property (Thailand) PCL and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Property (Thailand) PCL's current ROA % is 5.28%, which is 192% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (Thailand) PCL (BKK:FPT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.46, compared to a current price of ฿6.30 — trading 45% below its estimated fair value. The current ROA % is 5.28%, which is 192% above median its 10-year median of 1.81 and 210.6% above the Real Estate industry median of 1.70. Frasers Property (Thailand) PCL's overall GF Score™ is 65/100 with 7 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 Frasers Property (Thailand) PCL (BKK:FPT), the current ROA % is 5.28% 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 Frasers Property (Thailand) PCL (BKK:FPT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be undervalued. The current stock price of ฿6.30 is trading 45% below its estimated GF Value™ of ฿11.46. GuruFocus considers Frasers Property (Thailand) PCL to be Possible Value Trap.

Key valuation signals for BKK:FPT:

  • ROA %: 5.28% (192% above median its 10-year median of 1.81)
  • GF Value™: ฿11.46 vs. price of ฿6.30 (45% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 210.6% above the Real Estate median (#734 of 1801)

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


Frasers Property (Thailand) PCL Business Description

Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
65GF Score

Get the complete analysis for BKK:FPT

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

฿6.30
Price
฿11.46
GF Value