ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sahamit Machinery PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿156 Mil.
Sahamit Machinery PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿3,012 Mil. Therefore, Sahamit Machinery PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 5.16%.
The historical rank and industry rank for Sahamit Machinery PCL's ROA % or its related term are showing as below:
BKK:SMIT'
s ROA % Range Over the Past 10 Years
Min: 4.64 Med: 7.68 Max: 10.65
Current: 5.25
During the past 13 years, Sahamit Machinery PCL's highest ROA % was 10.65%. The lowest was 4.64%. And the median was 7.68%.
BKK:SMIT's ROA % is ranked better than 75.91% of 635
companies
in the Steel industry
Industry Median: 1.88
vs BKK:SMIT: 5.25
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.
* 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 Steel subindustry, Sahamit Machinery 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.
Sahamit Machinery PCL ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Sahamit Machinery 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.
Sahamit Machinery PCL (BKK:SMIT) has a ROA % of 5.16% 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 Sahamit Machinery PCL and its competitors. This is 33% below median its historical median of 7.68. Over the past decade, Sahamit Machinery PCL's ROA % has ranged from 4.64 to 10.65. According to the industry distribution chart, Sahamit Machinery PCL ranks #153 out of 635 companies in the Steel industry, placing it in the top 24.1%.
Is Sahamit Machinery PCL's ROA % too high?
Sahamit Machinery PCL's current ROA % of 5.16% is 33% below median its 10-year median of 7.68. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 10.65. The Steel industry median ROA % is 1.88. Sahamit Machinery PCL's value of 5.16% is 174.5% above this industry median. Based on the distribution chart, Sahamit Machinery PCL ranks #153 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sahamit Machinery PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sahamit Machinery PCL's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Sahamit Machinery PCL ranks #153 out of 635 companies for ROA %. This places Sahamit Machinery PCL in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 1.88. Sahamit Machinery PCL's value of 5.16% is 174.5% above this benchmark. Historically, Sahamit Machinery PCL's own ROA % has ranged from 4.64 to 10.65 over the past decade. While the company's 10-year median is 7.68 vs. the industry median of 1.88, Sahamit Machinery 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 Steel company?
The median ROA % among Steel companies is 1.88, based on 635 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. Sahamit Machinery PCL's current ROA % of 5.16% is 174.5% 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 Sahamit Machinery PCL and its competitors. For the Steel industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahamit Machinery PCL's current ROA % is 5.16%, which is 33% below median its own 10-year median of 7.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahamit Machinery PCL stock overvalued right now?
Based on GuruFocus' analysis, Sahamit Machinery PCL (BKK:SMIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.61, compared to a current price of ฿3.48 — trading 3.6% below its estimated fair value. The current ROA % is 5.16%, which is 33% below median its 10-year median of 7.68 and 174.5% above the Steel industry median of 1.88. Sahamit Machinery PCL's overall GF Score™ is 68/100 with 3 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 Sahamit Machinery PCL (BKK:SMIT), the current ROA % is 5.16% 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 Sahamit Machinery PCL (BKK:SMIT) Overvalued in 2026?
Based on GuruFocus' analysis, Sahamit Machinery PCL stock appears to be undervalued.
The current stock price of ฿3.48 is trading 3.6% below its estimated GF Value™ of ฿3.61.
GuruFocus considers Sahamit Machinery PCL to be Fairly Valued.
Key valuation signals for BKK:SMIT:
ROA %: 5.16% (33% below median its 10-year median of 7.68)
GF Value™: ฿3.61 vs. price of ฿3.48 (3.6% below fair value)
Industry Position: 174.5% above the Steel median (#153 of 635)
No single metric tells the full story. See the BKK:SMIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. The company mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.
68GF Score
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