Ichitan Group PCLBKK:ICHI-R 94 ROA % is 16.39% as of Mar. 2026, which is 128% above its 10-year median of 7.19. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. The stock has 2 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks better than 93.1% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ichitan Group PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿1,146 Mil.
Ichitan Group PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿6,994 Mil. Therefore, Ichitan Group PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 16.39%.
The historical rank and industry rank for Ichitan Group PCL's ROA % or its related term are showing as below:
BKK:ICHI-R'
s ROA % Range Over the Past 10 Years
Min: 0.52 Med: 7.19 Max: 19.5
Current: 19.5
During the past 13 years, Ichitan Group PCL's highest ROA % was 19.50%. The lowest was 0.52%. And the median was 7.19%.
BKK:ICHI-R's ROA % is ranked better than 93.1% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.595
vs BKK:ICHI-R: 19.50
Ichitan Group PCL (BKK:ICHI-R) 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 banks 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:
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.
Ichitan Group PCL ROA % Related Terms
Ichitan Group PCL ROA % Historical Data
* Premium members only.
The historical data trend for Ichitan Group 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.
For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.
Ichitan Group PCL ROA % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Ichitan Group PCL's ROA % 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 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.
Ichitan Group PCL (BKK:ICHI-R) has a ROA % of 16.39% 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 Ichitan Group PCL and its competitors. This is 128% above median its historical median of 7.19. Over the past decade, Ichitan Group PCL's ROA % has ranged from 0.52 to 19.50. According to the industry distribution chart, Ichitan Group PCL ranks #8 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 6.9%.
Is Ichitan Group PCL's ROA % too high?
Ichitan Group PCL's current ROA % of 16.39% is 128% above median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 19.50. The Beverages - Non-Alcoholic industry median ROA % is 5.60. Ichitan Group PCL's value of 16.39% is 192.9% above this industry median. Based on the distribution chart, Ichitan Group PCL ranks #8 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's ROA % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #8 out of 116 companies for ROA %. This places Ichitan Group PCL in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 5.60. Ichitan Group PCL's value of 16.39% is 192.9% above this benchmark. Historically, Ichitan Group PCL's own ROA % has ranged from 0.52 to 19.50 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 5.60, Ichitan Group 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 Beverages - Non-Alcoholic company?
The median ROA % among Beverages - Non-Alcoholic companies is 5.60, based on 116 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. Ichitan Group PCL's current ROA % of 16.39% is 192.9% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median ROA % is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current ROA % is 16.39%, which is 128% above median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current ROA % of 16.39%. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current ROA % is 16.39%, which is 128% above median its 10-year median of 7.19 and 192.9% above the Beverages - Non-Alcoholic industry median of 5.60. Ichitan Group PCL's overall GF Score™ is 94/100 with 2 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 Ichitan Group PCL (BKK:ICHI-R), the current ROA % is 16.39% 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.
Key valuation signals for BKK:ICHI-R:
ROA %: 16.39% (128% above median its 10-year median of 7.19)
GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
Industry Position: 192.9% above the Beverages - Non-Alcoholic median (#8 of 116)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score
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