Thai Capital PCLBKK:TCC 47 ROA % is 1.33% as of Mar. 2026, which is 43% above its 10-year median of 0.93. GuruFocus rates BKK:TCC with a GF Score™ of 47/100 and a GF Value™ of ฿0.24 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 185 Other Energy Sources companies, Thai Capital PCL ranks better than 56.76% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thai Capital PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿21.2 Mil.
Thai Capital PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿1,586.1 Mil. Therefore, Thai Capital PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 1.33%.
The historical rank and industry rank for Thai Capital PCL's ROA % or its related term are showing as below:
BKK:TCC'
s ROA % Range Over the Past 10 Years
Min: -5.87 Med: 0.93 Max: 14.4
Current: 0.86
During the past 13 years, Thai Capital PCL's highest ROA % was 14.40%. The lowest was -5.87%. And the median was 0.93%.
BKK:TCC's ROA % is ranked better than 56.76% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.54
vs BKK:TCC: 0.86
Thai Capital PCL (BKK:TCC) 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.
Thai Capital PCL ROA % Related Terms
Thai Capital PCL ROA % Historical Data
* Premium members only.
The historical data trend for Thai Capital 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 Thermal Coal subindustry, Thai Capital 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.
Thai Capital PCL ROA % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Thai Capital PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Thai Capital 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.
Thai Capital PCL (BKK:TCC) has a ROA % of 1.33% 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 Thai Capital PCL and its competitors. This is 43% above median its historical median of 0.93. According to the industry distribution chart, Thai Capital PCL ranks #80 out of 185 companies in the Other Energy Sources industry, placing it in the top 43.2%.
Is Thai Capital PCL's ROA % too high?
Thai Capital PCL's current ROA % of 1.33% is 43% above median its 10-year median of 0.93. Based on the distribution chart, Thai Capital PCL ranks #80 out of 185 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Thai Capital PCL has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Capital PCL's ROA % compare to CNR?
According to the Other Energy Sources industry distribution chart, Thai Capital PCL ranks #80 out of 185 companies for ROA %. This puts Thai Capital PCL in the upper half of its industry. 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 Other Energy Sources company?
A good ROA % depends on the Other Energy Sources industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Thai Capital PCL and its competitors. Thai Capital PCL's current ROA % is 1.33%, which is 43% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Capital PCL (BKK:TCC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.24, compared to a current price of ฿0.31 — trading 29.2% above its estimated fair value. The current ROA % is 1.33%, which is 43% above median its 10-year median of 0.93. Thai Capital PCL's overall GF Score™ is 47/100 with 6 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 Thai Capital PCL (BKK:TCC), the current ROA % is 1.33% 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 Thai Capital PCL (BKK:TCC) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Capital PCL stock appears to be overvalued.
The current stock price of ฿0.31 is trading 29.2% above its estimated GF Value™ of ฿0.24.
GuruFocus considers Thai Capital PCL to be Modestly Overvalued.
Key valuation signals for BKK:TCC:
ROA %: 1.33% (43% above median its 10-year median of 0.93)
GF Value™: ฿0.24 vs. price of ฿0.31 (29.2% above fair value)
No single metric tells the full story. See the BKK:TCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Capital Corp PCL imports, distributes, and sells coal and steel products. The company focuses on importing coal for sale to industries that utilize coal as a source of energy. It also serves food, garments, Cement, and other Industries. The group operating segment includes the Coal, Property Development, and Asset Management. The group generates the majority of its revenue from the sale of coal. It operates in a single geographical segment principally in Thailand.
47GF Score
Get the complete analysis for BKK:TCC
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TCC has been successfully added to your 
