Siamese Asset PCL (BKK:SA) ROA %: 0.17% (As of Mar. 2026) — 84% Below Median

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BKK:SA Siamese Asset PCL BKK:SA
56 GF Score
Price ฿7.10
GF Value ฿5.70
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Siamese Asset PCL ROA %?

Siamese Asset PCL BKK:SA +0.71% 56 ROA % is 0.17% as of Mar. 2026, which is 84% below its 10-year median of 1.08. GuruFocus rates BKK:SA with a GF Score™ of 56/100 and a GF Value™ of ฿5.70 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,803 Real Estate companies, Siamese Asset PCL ranks worse than 66.06% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Siamese Asset PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿41 Mil. Siamese Asset PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿24,574 Mil. Therefore, Siamese Asset PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 0.17%.

The historical rank and industry rank for Siamese Asset PCL's ROA % or its related term are showing as below:

BKK:SA' s ROA % Range Over the Past 10 Years
Min: 0.17   Med: 1.08   Max: 4.89
Current: 0.17

During the past 9 years, Siamese Asset PCL's highest ROA % was 4.89%. The lowest was 0.17%. And the median was 1.08%.

BKK:SA's ROA % is ranked worse than
66.06% of 1803 companies
in the Real Estate industry
Industry Median: 1.7 vs BKK:SA: 0.17

Siamese Asset PCL  (BKK:SA) 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
=40.648/24573.7595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(40.648 / 2252.992)*(2252.992 / 24573.7595)
=Net Margin %*Asset Turnover
=1.8 %*0.0917
=0.17 %

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.


Siamese Asset PCL ROA % Related Terms


Siamese Asset PCL ROA % Historical Data

* Premium members only.

The historical data trend for Siamese Asset 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.

Siamese Asset PCL ROA % Chart

Siamese Asset PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 1.08 1.01 1.01 1.73 0.49

Siamese Asset 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 1.49 0.11 0.18 0.21 0.17

Siamese Asset PCL ROA % Competitor Comparison

For the Real Estate - Development subindustry, Siamese Asset 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.


Siamese Asset PCL ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Siamese Asset PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Siamese Asset PCL's ROA % falls into.


BKK:SA
56GF Score
Siamese Asset PCL BKK:SA
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siamese Asset PCL ROA % Calculation

Siamese Asset 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 )
=116.494/( (23085.219+24510.37)/ 2 )
=116.494/23797.7945
=0.49 %

Siamese Asset 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 )
=40.648/( (24510.37+24637.149)/ 2 )
=40.648/24573.7595
=0.17 %

* 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 0.17% mean?
Siamese Asset PCL (BKK:SA) has a ROA % of 0.17% 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 Siamese Asset PCL and its competitors. This is 84% below median its historical median of 1.08. Over the past decade, Siamese Asset PCL's ROA % has ranged from 0.17 to 4.89. According to the industry distribution chart, Siamese Asset PCL ranks #1191 out of 1803 companies in the Real Estate industry, placing it in the top 66.1%.
Is Siamese Asset PCL's ROA % too high?
Siamese Asset PCL's current ROA % of 0.17% is 84% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 4.89. The Real Estate industry median ROA % is 1.70. Siamese Asset PCL's value of 0.17% is 90% below this industry median. Based on the distribution chart, Siamese Asset PCL ranks #1191 out of 1803 companies in the Real Estate industry, which is below the industry midpoint. Overall, Siamese Asset PCL has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamese Asset PCL's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Siamese Asset PCL ranks #1191 out of 1803 companies for ROA %. This places Siamese Asset PCL in the lower half of its industry. The industry median ROA % is 1.70. Siamese Asset PCL's value of 0.17% is 90% below this benchmark. Historically, Siamese Asset PCL's own ROA % has ranged from 0.17 to 4.89 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.70, Siamese Asset 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 a Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,803 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. Siamese Asset PCL's current ROA % of 0.17% is 90% 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 Siamese Asset PCL and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamese Asset PCL's current ROA % is 0.17%, which is 84% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamese Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamese Asset PCL (BKK:SA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.70, compared to a current price of ฿7.10 — trading 24.6% above its estimated fair value. The current ROA % is 0.17%, which is 84% below median its 10-year median of 1.08 and 90% below the Real Estate industry median of 1.70. Siamese Asset PCL's overall GF Score™ is 56/100 with 11 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 Siamese Asset PCL (BKK:SA), the current ROA % is 0.17% 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 Siamese Asset PCL (BKK:SA) Overvalued in 2026?

Based on GuruFocus' analysis, Siamese Asset PCL stock appears to be overvalued. The current stock price of ฿7.10 is trading 24.6% above its estimated GF Value™ of ฿5.70. GuruFocus considers Siamese Asset PCL to be Modestly Overvalued.

Key valuation signals for BKK:SA:

  • ROA %: 0.17% (84% below median its 10-year median of 1.08)
  • GF Value™: ฿5.70 vs. price of ฿7.10 (24.6% above fair value)
  • GF Score™: 56/100 with 11 warning signs
  • Industry Position: 90% below the Real Estate median (#1191 of 1803)

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


Siamese Asset PCL Business Description

Address No. 1077/48 Phahon Yothin Road, Phaya Thai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes the Real estate development segment, Service segment, Hotel segment, and Rental segment. The company generates the majority of its revenue from the Real estate development segment, which is engaged in the real estate development business, which includes single houses, townhouses, and condominiums.
56GF Score

Get the complete analysis for BKK:SA

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

฿7.10
Price
฿5.70
GF Value