North East Rubber PCLBKK:NER-R 89 ROA % is 7.89% as of Dec. 2025, which is 14% below its 10-year median of 9.22. GuruFocus rates BKK:NER-R with a GF Score™ of 89/100 and a GF Value™ of ฿5.92. The stock has 5 warning signs investors should review. Among 1,618 Chemicals companies, North East Rubber PCL ranks better than 86.77% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. North East Rubber PCL's annualizedNet Income for the quarter that ended in Dec. 2025 was ฿1,580 Mil.
North East Rubber PCL's average Total Assets over the quarter that ended in Dec. 2025 was ฿20,022 Mil. Therefore, North East Rubber PCL's annualized ROA % for the quarter that ended in Dec. 2025 was 7.89%.
The historical rank and industry rank for North East Rubber PCL's ROA % or its related term are showing as below:
BKK:NER-R'
s ROA % Range Over the Past 10 Years
Min: 0.26 Med: 9.22 Max: 15.12
Current: 9.49
During the past 12 years, North East Rubber PCL's highest ROA % was 15.12%. The lowest was 0.26%. And the median was 9.22%.
BKK:NER-R's ROA % is ranked better than 86.77% of 1618
companies
in the Chemicals industry
Industry Median: 2.9
vs BKK:NER-R: 9.49
North East Rubber PCL (BKK:NER-R) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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 Specialty Chemicals subindustry, North East 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.
North East Rubber PCL ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, North East Rubber PCL's ROA % distribution charts can be found below:
* The bar in red indicates where North East Rubber 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
North East Rubber PCL (BKK:NER-R) has a ROA % of 7.89% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on North East Rubber PCL and its competitors. This is 14% below median its historical median of 9.22. Over the past decade, North East Rubber PCL's ROA % has ranged from 0.26 to 15.12. According to the industry distribution chart, North East Rubber PCL ranks #214 out of 1618 companies in the Chemicals industry, placing it in the top 13.2%.
Is North East Rubber PCL's ROA % too high?
North East Rubber PCL's current ROA % of 7.89% is 14% below median its 10-year median of 9.22. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 15.12. The Chemicals industry median ROA % is 2.90. North East Rubber PCL's value of 7.89% is 172.1% above this industry median. Based on the distribution chart, North East Rubber PCL ranks #214 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, North East Rubber PCL has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #214 out of 1618 companies for ROA %. This places North East Rubber PCL in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. North East Rubber PCL's value of 7.89% is 172.1% above this benchmark. Historically, North East Rubber PCL's own ROA % has ranged from 0.26 to 15.12 over the past decade. While the company's 10-year median is 9.22 vs. the industry median of 2.90, North East 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,618 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. North East Rubber PCL's current ROA % of 7.89% is 172.1% 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 North East Rubber PCL and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current ROA % is 7.89%, which is 14% below median its own 10-year median of 9.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current ROA % of 7.89%. The stock's GF Value™ is ฿5.92, compared to a current price of ฿4.76 — trading 19.6% below its estimated fair value. The current ROA % is 7.89%, which is 14% below median its 10-year median of 9.22 and 172.1% above the Chemicals industry median of 2.90. North East Rubber PCL's overall GF Score™ is 89/100 with 5 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 North East Rubber PCL (BKK:NER-R), the current ROA % is 7.89% as of Dec. 2025. 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?
Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued.
The current stock price of ฿4.76 is trading 19.6% below its estimated GF Value™ of ฿5.92.
Key valuation signals for BKK:NER-R:
ROA %: 7.89% (14% below median its 10-year median of 9.22)
GF Value™: ฿5.92 vs. price of ฿4.76 (19.6% below fair value)
Industry Position: 172.1% above the Chemicals median (#214 of 1618)
No single metric tells the full story. See the BKK:NER-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
89GF Score
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