Index International Group PCL (BKK:IND) ROA %: 2.37% (As of Mar. 2026) — 50% Below Median


BKK:IND Index International Group PCL BKK:IND
87 GF Score
Price ฿0.89
GF Value ฿1.37
Valuation Possible Value Trap
! 4 Warning Signs
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What is Index International Group PCL ROA %?

Index International Group PCL BKK:IND +1.14% 87 ROA % is 2.37% as of Mar. 2026, which is 50% below its 10-year median of 4.72. GuruFocus rates BKK:IND with a GF Score™ of 87/100 and a GF Value™ of ฿1.37 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,776 Construction companies, Index International Group PCL ranks better than 70.89% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Index International Group PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿25 Mil. Index International Group PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿1,066 Mil. Therefore, Index International Group PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 2.37%.

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

BKK:IND' s ROA % Range Over the Past 10 Years
Min: 1.78   Med: 4.72   Max: 9.41
Current: 5.68

During the past 8 years, Index International Group PCL's highest ROA % was 9.41%. The lowest was 1.78%. And the median was 4.72%.

BKK:IND's ROA % is ranked better than
70.89% of 1776 companies
in the Construction industry
Industry Median: 2.795 vs BKK:IND: 5.68

Index International Group PCL  (BKK:IND) 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
=25.252/1066.232
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25.252 / 913.208)*(913.208 / 1066.232)
=Net Margin %*Asset Turnover
=2.77 %*0.8565
=2.37 %

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.


Index International Group PCL ROA % Related Terms


Index International Group PCL ROA % Historical Data

* Premium members only.

The historical data trend for Index International 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.

Index International Group PCL ROA % Chart

Index International Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 2.04 4.49 1.78 6.63 7.12

Index International Group 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 8.26 12.06 8.72 -0.50 2.37

BKK:IND vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, Index International 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.


Index International Group PCL ROA % vs Construction Industry

For the Construction industry and Industrials sector, Index International Group PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Index International Group PCL's ROA % falls into.


BKK:IND
87GF Score
Index International Group PCL BKK:IND
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Index International Group PCL ROA % Calculation

Index International Group 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 )
=74.985/( (1016.35+1090.367)/ 2 )
=74.985/1053.3585
=7.12 %

Index International Group 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 )
=25.252/( (1090.367+1042.097)/ 2 )
=25.252/1066.232
=2.37 %

* 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 2.37% mean?
Index International Group PCL (BKK:IND) has a ROA % of 2.37% 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 Index International Group PCL and its competitors. This is 50% below median its historical median of 4.72. Over the past decade, Index International Group PCL's ROA % has ranged from 1.78 to 9.41. According to the industry distribution chart, Index International Group PCL ranks #517 out of 1776 companies in the Construction industry, placing it in the top 29.1%.
Is Index International Group PCL's ROA % too high?
Index International Group PCL's current ROA % of 2.37% is 50% below median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 9.41. The Construction industry median ROA % is 2.80. Index International Group PCL's value of 2.37% is 15.2% below this industry median. Based on the distribution chart, Index International Group PCL ranks #517 out of 1776 companies in the Construction industry, which is above the industry midpoint. Overall, Index International Group PCL has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Index International Group PCL's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Index International Group PCL ranks #517 out of 1776 companies for ROA %. This puts Index International Group PCL in the upper half of its industry. The industry median ROA % is 2.80. Index International Group PCL's value of 2.37% is 15.2% below this benchmark. Historically, Index International Group PCL's own ROA % has ranged from 1.78 to 9.41 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 2.80, Index International Group 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 ROA % for a Construction company?
The median ROA % among Construction companies is 2.80, based on 1,776 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. Index International Group PCL's current ROA % of 2.37% is 15.2% 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 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 Index International Group PCL and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Index International Group PCL's current ROA % is 2.37%, which is 50% below median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index International Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Index International Group PCL (BKK:IND) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.37, compared to a current price of ฿0.89 — trading 35% below its estimated fair value. The current ROA % is 2.37%, which is 50% below median its 10-year median of 4.72 and 15.2% below the Construction industry median of 2.80. Index International Group PCL's overall GF Score™ is 87/100 with 4 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 Index International Group PCL (BKK:IND), the current ROA % is 2.37% 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 Index International Group PCL (BKK:IND) Overvalued in 2026?

Based on GuruFocus' analysis, Index International Group PCL stock appears to be undervalued. The current stock price of ฿0.89 is trading 35% below its estimated GF Value™ of ฿1.37. GuruFocus considers Index International Group PCL to be Possible Value Trap.

Key valuation signals for BKK:IND:

  • ROA %: 2.37% (50% below median its 10-year median of 4.72)
  • GF Value™: ฿1.37 vs. price of ฿0.89 (35% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 15.2% below the Construction median (#517 of 1776)

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


Index International Group PCL Business Description

Address 1/814 Moo 17, Soi Amphon, Phaholyothin Road, Kukot, Lumlukka, Pathumthani, THA, 12130
Index International Group PCL is an engineering consultancy firm offering detailed design services, project management services, and detailed design construction. Its services include a wide range of services in specialized fields such as project planning, city, and district planning, architectural design involving landscaping and architecture, and engineering design involving structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering. The group operates in Thailand.
87GF Score

Get the complete analysis for BKK:IND

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

฿0.89
Price
฿1.37
GF Value