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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thai Eastern Group Holdings PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿323 Mil.
Thai Eastern Group Holdings PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿8,095 Mil. Therefore, Thai Eastern Group Holdings PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 4.00%.
Thai Eastern Group Holdings PCL (BKK:TEGH) 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 Eastern Group Holdings PCL ROA % Related Terms
Thai Eastern Group Holdings PCL ROA % Historical 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.
For the Specialty Chemicals subindustry, Thai Eastern Group Holdings 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 Eastern Group Holdings PCL ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Thai Eastern Group Holdings PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Thai Eastern Group Holdings 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 Eastern Group Holdings PCL (BKK:TEGH) has a ROA % of 4.00% 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 Eastern Group Holdings PCL and its competitors. This is 36% below median its historical median of 6.28. Over the past decade, Thai Eastern Group Holdings PCL's ROA % has ranged from 0.71 to 10.19. According to the industry distribution chart, Thai Eastern Group Holdings PCL ranks #545 out of 1616 companies in the Chemicals industry, placing it in the top 33.7%.
Is Thai Eastern Group Holdings PCL's ROA % too high?
Thai Eastern Group Holdings PCL's current ROA % of 4.00% is 36% below median its 10-year median of 6.28. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 10.19. The Chemicals industry median ROA % is 3.05. Thai Eastern Group Holdings PCL's value of 4.00% is 31.4% above this industry median. Based on the distribution chart, Thai Eastern Group Holdings PCL ranks #545 out of 1616 companies in the Chemicals industry, which is above the industry midpoint. Overall, Thai Eastern Group Holdings PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Eastern Group Holdings PCL's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Thai Eastern Group Holdings PCL ranks #545 out of 1616 companies for ROA %. This puts Thai Eastern Group Holdings PCL in the upper half of its industry. The industry median ROA % is 3.05. Thai Eastern Group Holdings PCL's value of 4.00% is 31.4% above this benchmark. Historically, Thai Eastern Group Holdings PCL's own ROA % has ranged from 0.71 to 10.19 over the past decade. While the company's 10-year median is 6.28 vs. the industry median of 3.05, Thai Eastern Group Holdings 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 3.05, based on 1,616 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. Thai Eastern Group Holdings PCL's current ROA % of 4.00% is 31.4% 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 Thai Eastern Group Holdings PCL and its competitors. For the Chemicals industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Eastern Group Holdings PCL's current ROA % is 4.00%, which is 36% below median its own 10-year median of 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Eastern Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL (BKK:TEGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.77, compared to a current price of ฿3.06 — trading 18.8% below its estimated fair value. The current ROA % is 4.00%, which is 36% below median its 10-year median of 6.28 and 31.4% above the Chemicals industry median of 3.05. Thai Eastern Group Holdings PCL's overall GF Score™ is 72/100 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 Eastern Group Holdings PCL (BKK:TEGH), the current ROA % is 4.00% 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 Eastern Group Holdings PCL (BKK:TEGH) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL stock appears to be undervalued.
The current stock price of ฿3.06 is trading 18.8% below its estimated GF Value™ of ฿3.77.
GuruFocus considers Thai Eastern Group Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TEGH:
ROA %: 4.00% (36% below median its 10-year median of 6.28)
GF Value™: ฿3.77 vs. price of ฿3.06 (18.8% below fair value)
Industry Position: 31.4% above the Chemicals median (#545 of 1616)
No single metric tells the full story. See the BKK:TEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Eastern Group Holdings PCL is engaged in investment in equity securities and the provision of management services. The group has four reportable segments: Block Rubber and Concentrated Latex, Crude Palm Oil, Energy, and Other. The Block Rubber and Concentrated Latex segment is involved in the manufacture and distribution of block rubber products and concentrated latex. The Crude Palm Oil segment is engaged in the manufacture and distribution of crude palm oil and palm seed oil. The Energy segment focuses on the generation and distribution of electricity and biogas, including organic waste treatment services. The Other segment provides logistics and related services. It generates the majority of its revenue from the Block Rubber and Concentrated Latex segment.
72GF Score
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