N.D. Rubber PCL (BKK:NDR) ROA %: 3.72% (As of Mar. 2026) — 84% Above Median


BKK:NDR N.D. Rubber PCL BKK:NDR
55 GF Score
Price ฿1.92
GF Value ฿1.32
Valuation Significantly Overvalued
! 4 Warning Signs
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What is N.D. Rubber PCL ROA %?

N.D. Rubber PCL BKK:NDR +0.52% 55 ROA % is 3.72% as of Mar. 2026, which is 84% above its 10-year median of 2.02. GuruFocus rates BKK:NDR with a GF Score™ of 55/100 and a GF Value™ of ฿1.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,335 Vehicles & Parts companies, N.D. Rubber PCL ranks worse than 55.66% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. N.D. Rubber PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿47.6 Mil. N.D. Rubber PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿1,280.5 Mil. Therefore, N.D. Rubber PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 3.72%.

The historical rank and industry rank for N.D. Rubber PCL's ROA % or its related term are showing as below:

BKK:NDR' s ROA % Range Over the Past 10 Years
Min: -6.07   Med: 2.02   Max: 7.9
Current: 2.31

During the past 12 years, N.D. Rubber PCL's highest ROA % was 7.90%. The lowest was -6.07%. And the median was 2.02%.

BKK:NDR's ROA % is ranked worse than
55.66% of 1335 companies
in the Vehicles & Parts industry
Industry Median: 2.95 vs BKK:NDR: 2.31

N.D. Rubber PCL  (BKK:NDR) 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
=47.608/1280.4945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(47.608 / 1034.932)*(1034.932 / 1280.4945)
=Net Margin %*Asset Turnover
=4.6 %*0.8082
=3.72 %

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.


N.D. Rubber PCL ROA % Related Terms


N.D. Rubber PCL ROA % Historical Data

* Premium members only.

The historical data trend for N.D. Rubber 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.

N.D. Rubber PCL ROA % Chart

N.D. Rubber PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 -2.11 -6.07 0.72 1.70

N.D. Rubber 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 1.45 0.21 1.72 3.48 3.72

BKK:NDR vs ORLY, AZO: ROA % Comparison

For the Auto Parts subindustry, N.D. Rubber 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.


N.D. Rubber PCL ROA % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, N.D. Rubber PCL's ROA % distribution charts can be found below:

* The bar in red indicates where N.D. Rubber PCL's ROA % falls into.


BKK:NDR
55GF Score
N.D. Rubber PCL BKK:NDR
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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N.D. Rubber PCL ROA % Calculation

N.D. Rubber 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 )
=21.148/( (1224.673+1262.568)/ 2 )
=21.148/1243.6205
=1.70 %

N.D. Rubber 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 )
=47.608/( (1262.568+1298.421)/ 2 )
=47.608/1280.4945
=3.72 %

* 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 3.72% mean?
N.D. Rubber PCL (BKK:NDR) has a ROA % of 3.72% 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 N.D. Rubber PCL and its competitors. This is 84% above median its historical median of 2.02. According to the industry distribution chart, N.D. Rubber PCL ranks #743 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 55.7%.
Is N.D. Rubber PCL's ROA % too high?
N.D. Rubber PCL's current ROA % of 3.72% is 84% above median its 10-year median of 2.02. The Vehicles & Parts industry median ROA % is 2.95. N.D. Rubber PCL's value of 3.72% is 26.1% above this industry median. Based on the distribution chart, N.D. Rubber PCL ranks #743 out of 1335 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, N.D. Rubber PCL has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does N.D. Rubber PCL's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, N.D. Rubber PCL ranks #743 out of 1335 companies for ROA %. This places N.D. Rubber PCL in the lower half of its industry. The industry median ROA % is 2.95. N.D. Rubber PCL's value of 3.72% is 26.1% above this benchmark. While the company's 10-year median is 2.02 vs. the industry median of 2.95, N.D. Rubber 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. N.D. Rubber PCL's current ROA % of 3.72% is 26.1% 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 N.D. Rubber 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. N.D. Rubber PCL's current ROA % is 3.72%, which is 84% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.D. Rubber PCL stock overvalued right now?
Based on GuruFocus' analysis, N.D. Rubber PCL (BKK:NDR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.32, compared to a current price of ฿1.92 — trading 45.5% above its estimated fair value. The current ROA % is 3.72%, which is 84% above median its 10-year median of 2.02 and 26.1% above the Vehicles & Parts industry median of 2.95. N.D. Rubber PCL's overall GF Score™ is 55/100 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 N.D. Rubber PCL (BKK:NDR), the current ROA % is 3.72% 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 N.D. Rubber PCL (BKK:NDR) Overvalued in 2026?

Based on GuruFocus' analysis, N.D. Rubber PCL stock appears to be overvalued. The current stock price of ฿1.92 is trading 45.5% above its estimated GF Value™ of ฿1.32. GuruFocus considers N.D. Rubber PCL to be Significantly Overvalued.

Key valuation signals for BKK:NDR:

  • ROA %: 3.72% (84% above median its 10-year median of 2.02)
  • GF Value™: ฿1.32 vs. price of ฿1.92 (45.5% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 26.1% above the Vehicles & Parts median (#743 of 1335)

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


N.D. Rubber PCL Business Description

Address 129 Moo 3, Nongsak-Phanasnikom Road, Nongeiroon Sub-district, Banbueng, Chonburi, THA, 20220
N.D. Rubber PCL is engaged in the manufacturing and distribution of tyres, tubes, and batteries for motorcycles and automobiles. It offers Tyres and Tubes for motorcycles, Bicycle batteries, Rubber parts, Shoes, Lube oil, and synthetic, producing and distributing electricity from the solar energy. The company derives revenue from the sales made in Thailand and the overseas market. It generates a majority of revenue from the sales of Tyres.
55GF Score

Get the complete analysis for BKK:NDR

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

฿1.92
Price
฿1.32
GF Value