Ratch Group PCLBKK:RATCH-F 63 ROA % is 2.06% as of Mar. 2026, which is 64% below its 10-year median of 5.77. GuruFocus rates BKK:RATCH-F with a GF Score™ of 63/100 and a GF Value™ of ฿28.40. The stock has 9 warning signs investors should review. Among 511 Utilities - Regulated companies, Ratch Group PCL ranks worse than 54.21% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ratch Group PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿4,913 Mil.
Ratch Group PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿238,593 Mil. Therefore, Ratch Group PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 2.06%.
The historical rank and industry rank for Ratch Group PCL's ROA % or its related term are showing as below:
BKK:RATCH-F'
s ROA % Range Over the Past 10 Years
Min: 2.33 Med: 5.77 Max: 6.53
Current: 2.79
During the past 13 years, Ratch Group PCL's highest ROA % was 6.53%. The lowest was 2.33%. And the median was 5.77%.
BKK:RATCH-F's ROA % is ranked worse than 54.21% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.02
vs BKK:RATCH-F: 2.79
Ratch Group PCL (BKK:RATCH-F) 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.
Ratch Group PCL ROA % Related Terms
Ratch Group PCL ROA % Historical Data
* Premium members only.
The historical data trend for Ratch Group 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 Electric subindustry, Ratch Group 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.
Ratch Group PCL ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Ratch Group 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.
Ratch Group PCL (BKK:RATCH-F) has a ROA % of 2.06% 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 Ratch Group PCL and its competitors. This is 64% below median its historical median of 5.77. Over the past decade, Ratch Group PCL's ROA % has ranged from 2.33 to 6.53. According to the industry distribution chart, Ratch Group PCL ranks #277 out of 511 companies in the Utilities - Regulated industry, placing it in the top 54.2%.
Is Ratch Group PCL's ROA % too high?
Ratch Group PCL's current ROA % of 2.06% is 64% below median its 10-year median of 5.77. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 6.53. The Utilities - Regulated industry median ROA % is 3.02. Ratch Group PCL's value of 2.06% is 31.8% below this industry median. Based on the distribution chart, Ratch Group PCL ranks #277 out of 511 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ratch Group PCL has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Ratch Group PCL's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ratch Group PCL ranks #277 out of 511 companies for ROA %. This places Ratch Group PCL in the lower half of its industry. The industry median ROA % is 3.02. Ratch Group PCL's value of 2.06% is 31.8% below this benchmark. Historically, Ratch Group PCL's own ROA % has ranged from 2.33 to 6.53 over the past decade. While the company's 10-year median is 5.77 vs. the industry median of 3.02, Ratch Group PCL has consistently been below 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.02, 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. Ratch Group PCL's current ROA % of 2.06% is 31.8% below 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 Ratch Group PCL and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratch Group PCL's current ROA % is 2.06%, which is 64% below median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratch Group PCL stock overvalued right now?
Ratch Group PCL (BKK:RATCH-F) has a current ROA % of 2.06%. The stock's GF Value™ is ฿28.40, compared to a current price of ฿32.00 — trading 12.7% above its estimated fair value. The current ROA % is 2.06%, which is 64% below median its 10-year median of 5.77 and 31.8% below the Utilities - Regulated industry median of 3.02. Ratch Group PCL's overall GF Score™ is 63/100 with 9 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 Ratch Group PCL (BKK:RATCH-F), the current ROA % is 2.06% 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 Ratch Group PCL (BKK:RATCH-F) Overvalued in 2026?
Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued.
The current stock price of ฿32.00 is trading 12.7% above its estimated GF Value™ of ฿28.40.
Key valuation signals for BKK:RATCH-F:
ROA %: 2.06% (64% below median its 10-year median of 5.77)
GF Value™: ฿28.40 vs. price of ฿32.00 (12.7% above fair value)
Industry Position: 31.8% below the Utilities - Regulated median (#277 of 511)
No single metric tells the full story. See the BKK:RATCH-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
63GF Score
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