More Return PCLBKK:MORE +20.00% ROA % is -1.99% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 511 Utilities - Regulated companies, More Return PCL ranks worse than 85.71% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. More Return PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿-19.38 Mil.
More Return PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿972.18 Mil. Therefore, More Return PCL's annualized ROA % for the quarter that ended in Mar. 2026 was -1.99%.
The historical rank and industry rank for More Return PCL's ROA % or its related term are showing as below:
BKK:MORE'
s ROA % Range Over the Past 10 Years
Min: -39.97 Med: -5.47 Max: 107.36
Current: 0.34
During the past 13 years, More Return PCL's highest ROA % was 107.36%. The lowest was -39.97%. And the median was -5.47%.
BKK:MORE's ROA % is ranked worse than 85.71% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.07
vs BKK:MORE: 0.34
More Return PCL (BKK:MORE) 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.
More Return PCL ROA % Related Terms
More Return PCL ROA % Historical Data
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The historical data trend for More Return 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 Utilities - Regulated Water subindustry, More Return 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.
More Return PCL ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, More Return PCL's ROA % distribution charts can be found below:
* The bar in red indicates where More Return 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.
More Return PCL (BKK:MORE) has a ROA % of -1.99% 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 More Return PCL and its competitors. According to the industry distribution chart, More Return PCL ranks #438 out of 511 companies in the Utilities - Regulated industry, placing it in the top 85.7%.
Is More Return PCL's ROA % too high?
More Return PCL's current ROA % is -1.99%. Based on the distribution chart, More Return PCL ranks #438 out of 511 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers.
How does More Return PCL's ROA % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, More Return PCL ranks #438 out of 511 companies for ROA %. This places More Return PCL in the lower half of its industry. The industry median ROA % is 3.07. 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.07, based on 511 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. 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 More Return PCL and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. More Return PCL's current ROA % is -1.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Return PCL stock overvalued right now?
Based on GuruFocus' analysis, More Return PCL (BKK:MORE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.06 — trading 20% above its estimated fair value. The current ROA % is -1.99%. 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 More Return PCL (BKK:MORE), the current ROA % is -1.99% 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.
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. The majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.
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