Millennium Group (ASIA) PCLBKK:MGC +3.70%41 ROA % is 6.73% as of Mar. 2026, which is 193% above its 10-year median of 2.30. GuruFocus rates BKK:MGC with a GF Score™ of 41/100 and a GF Value™ of ฿4.66 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,335 Vehicles & Parts companies, Millennium Group (ASIA) PCL ranks better than 86.82% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Millennium Group (ASIA) PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿1,295 Mil.
Millennium Group (ASIA) PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿19,222 Mil. Therefore, Millennium Group (ASIA) PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 6.73%.
The historical rank and industry rank for Millennium Group (ASIA) PCL's ROA % or its related term are showing as below:
BKK:MGC'
s ROA % Range Over the Past 10 Years
Min: 0.94 Med: 2.3 Max: 9.12
Current: 9.12
During the past 7 years, Millennium Group (ASIA) PCL's highest ROA % was 9.12%. The lowest was 0.94%. And the median was 2.30%.
BKK:MGC's ROA % is ranked better than 86.82% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs BKK:MGC: 9.12
Millennium Group (ASIA) PCL (BKK:MGC) 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.
* 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 Auto & Truck Dealerships subindustry, Millennium Group (ASIA) 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.
Millennium Group (ASIA) PCL ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Millennium Group (ASIA) 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.
Millennium Group (ASIA) PCL (BKK:MGC) has a ROA % of 6.73% 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 Millennium Group (ASIA) PCL and its competitors. This is 193% above median its historical median of 2.30. Over the past decade, Millennium Group (ASIA) PCL's ROA % has ranged from 0.94 to 9.12. According to the industry distribution chart, Millennium Group (ASIA) PCL ranks #176 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 13.2%.
Is Millennium Group (ASIA) PCL's ROA % too high?
Millennium Group (ASIA) PCL's current ROA % of 6.73% is 193% above median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 9.12. The Vehicles & Parts industry median ROA % is 2.95. Millennium Group (ASIA) PCL's value of 6.73% is 128.1% above this industry median. Based on the distribution chart, Millennium Group (ASIA) PCL ranks #176 out of 1335 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's ROA % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Millennium Group (ASIA) PCL ranks #176 out of 1335 companies for ROA %. This places Millennium Group (ASIA) PCL in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.95. Millennium Group (ASIA) PCL's value of 6.73% is 128.1% above this benchmark. Historically, Millennium Group (ASIA) PCL's own ROA % has ranged from 0.94 to 9.12 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 2.95, Millennium Group (ASIA) 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,335 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. Millennium Group (ASIA) PCL's current ROA % of 6.73% is 128.1% 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 Millennium Group (ASIA) PCL and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group (ASIA) PCL's current ROA % is 6.73%, which is 193% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.66, compared to a current price of ฿7.00 — trading 50.2% above its estimated fair value. The current ROA % is 6.73%, which is 193% above median its 10-year median of 2.30 and 128.1% above the Vehicles & Parts industry median of 2.95. Millennium Group (ASIA) PCL's overall GF Score™ is 41/100 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 Millennium Group (ASIA) PCL (BKK:MGC), the current ROA % is 6.73% 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 Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued.
The current stock price of ฿7.00 is trading 50.2% above its estimated GF Value™ of ฿4.66.
GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.
Key valuation signals for BKK:MGC:
ROA %: 6.73% (193% above median its 10-year median of 2.30)
GF Value™: ฿4.66 vs. price of ฿7.00 (50.2% above fair value)
Industry Position: 128.1% above the Vehicles & Parts median (#176 of 1335)
No single metric tells the full story. See the BKK:MGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
41GF Score
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