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Master Style PCLBKK:MASTER +3.85%56 ROA % is 5.67% as of Mar. 2026, which is 71% below its 10-year median of 19.65. GuruFocus rates BKK:MASTER with a GF Score™ of 56/100 and a GF Value™ of ฿41.52 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 684 Healthcare Providers & Services companies, Master Style PCL ranks better than 65.5% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Master Style PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿244 Mil.
Master Style PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿4,306 Mil. Therefore, Master Style PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 5.67%.
The historical rank and industry rank for Master Style PCL's ROA % or its related term are showing as below:
BKK:MASTER'
s ROA % Range Over the Past 10 Years
Min: 4.5 Med: 19.65 Max: 36.2
Current: 4.68
During the past 6 years, Master Style PCL's highest ROA % was 36.20%. The lowest was 4.50%. And the median was 19.65%.
BKK:MASTER's ROA % is ranked better than 65.5% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 1.78
vs BKK:MASTER: 4.68
Master Style PCL (BKK:MASTER) 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.
Master Style PCL ROA % Related Terms
Master Style PCL ROA % Historical Data
* Premium members only.
The historical data trend for Master Style 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 Medical Care Facilities subindustry, Master Style 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.
Master Style PCL ROA % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Master Style PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Master Style 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.
Master Style PCL (BKK:MASTER) has a ROA % of 5.67% 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 Master Style PCL and its competitors. This is 71% below median its historical median of 19.65. Over the past decade, Master Style PCL's ROA % has ranged from 4.50 to 36.20. According to the industry distribution chart, Master Style PCL ranks #236 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 34.5%.
Is Master Style PCL's ROA % too high?
Master Style PCL's current ROA % of 5.67% is 71% below median its 10-year median of 19.65. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 36.20. The Healthcare Providers & Services industry median ROA % is 1.78. Master Style PCL's value of 5.67% is 218.5% above this industry median. Based on the distribution chart, Master Style PCL ranks #236 out of 684 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Master Style PCL has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Master Style PCL's ROA % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Master Style PCL ranks #236 out of 684 companies for ROA %. This puts Master Style PCL in the upper half of its industry. The industry median ROA % is 1.78. Master Style PCL's value of 5.67% is 218.5% above this benchmark. Historically, Master Style PCL's own ROA % has ranged from 4.50 to 36.20 over the past decade. While the company's 10-year median is 19.65 vs. the industry median of 1.78, Master Style 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 Healthcare Providers & Services company?
The median ROA % among Healthcare Providers & Services companies is 1.78, based on 684 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. Master Style PCL's current ROA % of 5.67% is 218.5% 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 Master Style PCL and its competitors. For the Healthcare Providers & Services industry, the median ROA % is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Style PCL's current ROA % is 5.67%, which is 71% below median its own 10-year median of 19.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Style PCL stock overvalued right now?
Based on GuruFocus' analysis, Master Style PCL (BKK:MASTER) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿41.52, compared to a current price of ฿9.45 — trading 77.2% below its estimated fair value. The current ROA % is 5.67%, which is 71% below median its 10-year median of 19.65 and 218.5% above the Healthcare Providers & Services industry median of 1.78. Master Style PCL's overall GF Score™ is 56/100 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 Master Style PCL (BKK:MASTER), the current ROA % is 5.67% 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 Master Style PCL (BKK:MASTER) Overvalued in 2026?
Based on GuruFocus' analysis, Master Style PCL stock appears to be undervalued.
The current stock price of ฿9.45 is trading 77.2% below its estimated GF Value™ of ฿41.52.
GuruFocus considers Master Style PCL to be Significantly Undervalued.
Key valuation signals for BKK:MASTER:
ROA %: 5.67% (71% below median its 10-year median of 19.65)
GF Value™: ฿41.52 vs. price of ฿9.45 (77.2% below fair value)
Industry Position: 218.5% above the Healthcare Providers & Services median (#236 of 684)
No single metric tells the full story. See the BKK:MASTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Style PCL is principally engaged in a cosmetic surgery hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include: eye surgery, Nose surgery, Facial surgery, Hair transplant Liposuction and others. The company has two principal segments; Hospital business, which generates the majority of the revenue, and the trading of cosmetic products.
56GF Score
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