Mfc Asset Management PCLBKK:MFC -1.00%77 ROA % is 13.96% as of Mar. 2026, which is 18% above its 10-year median of 11.83. GuruFocus rates BKK:MFC with a GF Score™ of 77/100 and a GF Value™ of ฿31.91 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,635 Asset Management companies, Mfc Asset Management PCL ranks better than 78.72% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mfc Asset Management PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿303 Mil.
Mfc Asset Management PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿2,168 Mil. Therefore, Mfc Asset Management PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 13.96%.
The historical rank and industry rank for Mfc Asset Management PCL's ROA % or its related term are showing as below:
BKK:MFC'
s ROA % Range Over the Past 10 Years
Min: 9.22 Med: 11.83 Max: 19.09
Current: 12.86
During the past 13 years, Mfc Asset Management PCL's highest ROA % was 19.09%. The lowest was 9.22%. And the median was 11.83%.
BKK:MFC's ROA % is ranked better than 78.72% of 1635
companies
in the Asset Management industry
Industry Median: 3.97
vs BKK:MFC: 12.86
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.
* 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 Asset Management subindustry, Mfc Asset Management 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.
Mfc Asset Management PCL ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Mfc Asset Management PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Mfc Asset Management 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.
Mfc Asset Management PCL (BKK:MFC) has a ROA % of 13.96% 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 Mfc Asset Management PCL and its competitors. This is 18% above median its historical median of 11.83. Over the past decade, Mfc Asset Management PCL's ROA % has ranged from 9.22 to 19.09. According to the industry distribution chart, Mfc Asset Management PCL ranks #348 out of 1635 companies in the Asset Management industry, placing it in the top 21.3%.
Is Mfc Asset Management PCL's ROA % too high?
Mfc Asset Management PCL's current ROA % of 13.96% is 18% above median its 10-year median of 11.83. Over the past 10 years, this metric has ranged from a low of 9.22 to a high of 19.09. The Asset Management industry median ROA % is 3.97. Mfc Asset Management PCL's value of 13.96% is 251.6% above this industry median. Based on the distribution chart, Mfc Asset Management PCL ranks #348 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Mfc Asset Management PCL has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc Asset Management PCL's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Mfc Asset Management PCL ranks #348 out of 1635 companies for ROA %. This places Mfc Asset Management PCL in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 3.97. Mfc Asset Management PCL's value of 13.96% is 251.6% above this benchmark. Historically, Mfc Asset Management PCL's own ROA % has ranged from 9.22 to 19.09 over the past decade. While the company's 10-year median is 11.83 vs. the industry median of 3.97, Mfc Asset Management 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 Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 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. Mfc Asset Management PCL's current ROA % of 13.96% is 251.6% 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 Mfc Asset Management PCL and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfc Asset Management PCL's current ROA % is 13.96%, which is 18% above median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Mfc Asset Management PCL (BKK:MFC) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿31.91, compared to a current price of ฿19.80 — trading 38% below its estimated fair value. The current ROA % is 13.96%, which is 18% above median its 10-year median of 11.83 and 251.6% above the Asset Management industry median of 3.97. Mfc Asset Management PCL's overall GF Score™ is 77/100 with 1 warning sign 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 Mfc Asset Management PCL (BKK:MFC), the current ROA % is 13.96% 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 Mfc Asset Management PCL (BKK:MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Mfc Asset Management PCL stock appears to be undervalued.
The current stock price of ฿19.80 is trading 38% below its estimated GF Value™ of ฿31.91.
GuruFocus considers Mfc Asset Management PCL to be Significantly Undervalued.
Key valuation signals for BKK:MFC:
ROA %: 13.96% (18% above median its 10-year median of 11.83)
GF Value™: ฿31.91 vs. price of ฿19.80 (38% below fair value)
Industry Position: 251.6% above the Asset Management median (#348 of 1635)
No single metric tells the full story. See the BKK:MFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mfc Asset Management PCL is a Thailand-based company that engages in the provision of fund management services. The company is licensed to manage mutual funds, provident funds, private funds, securities registrar, and real estate investment trusts. Its only operating segment is fund management.
77GF Score
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