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Thai Group Holdings PCLBKK:TGH +1.90%60 ROA % is 1.12% as of Jun. 2026, which is 60% above its 10-year median of 0.70. GuruFocus rates BKK:TGH with a GF Score™ of 60/100 and a GF Value™ of ฿12.55 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 502 Insurance companies, Thai Group Holdings PCL ranks worse than 70.32% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thai Group Holdings PCL's annualizedNet Income for the quarter that ended in Jun. 2026 was ฿1,028 Mil.
Thai Group Holdings PCL's average Total Assets over the quarter that ended in Jun. 2026 was ฿91,770 Mil. Therefore, Thai Group Holdings PCL's annualized ROA % for the quarter that ended in Jun. 2026 was 1.12%.
The historical rank and industry rank for Thai Group Holdings PCL's ROA % or its related term are showing as below:
BKK:TGH'
s ROA % Range Over the Past 10 Years
Min: -3.54 Med: 0.7 Max: 1.69
Current: 1.16
During the past 8 years, Thai Group Holdings PCL's highest ROA % was 1.69%. The lowest was -3.54%. And the median was 0.70%.
BKK:TGH's ROA % is ranked worse than 70.32% of 502
companies
in the Insurance industry
Industry Median: 2.655
vs BKK:TGH: 1.16
Thai Group Holdings PCL (BKK:TGH) 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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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 Insurance - Diversified subindustry, Thai 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 Group Holdings PCL ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Thai 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Thai Group Holdings PCL (BKK:TGH) has a ROA % of 1.12% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Thai Group Holdings PCL and its competitors. This is 60% above median its historical median of 0.70. According to the industry distribution chart, Thai Group Holdings PCL ranks #353 out of 502 companies in the Insurance industry, placing it in the top 70.3%.
Is Thai Group Holdings PCL's ROA % too high?
Thai Group Holdings PCL's current ROA % of 1.12% is 60% above median its 10-year median of 0.70. The Insurance industry median ROA % is 2.66. Thai Group Holdings PCL's value of 1.12% is 57.8% below this industry median. Based on the distribution chart, Thai Group Holdings PCL ranks #353 out of 502 companies in the Insurance industry, which is below the industry midpoint. Overall, Thai Group Holdings PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Group Holdings PCL's ROA % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Thai Group Holdings PCL ranks #353 out of 502 companies for ROA %. This places Thai Group Holdings PCL in the lower half of its industry. The industry median ROA % is 2.66. Thai Group Holdings PCL's value of 1.12% is 57.8% below this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 2.66, Thai Group Holdings 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 Insurance company?
The median ROA % among Insurance companies is 2.66, based on 502 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 Group Holdings PCL's current ROA % of 1.12% is 57.8% 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 Thai Group Holdings PCL and its competitors. For the Insurance industry, the median ROA % is 2.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Group Holdings PCL's current ROA % is 1.12%, which is 60% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Group Holdings PCL (BKK:TGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.55, compared to a current price of ฿10.70 — trading 14.7% below its estimated fair value. The current ROA % is 1.12%, which is 60% above median its 10-year median of 0.70 and 57.8% below the Insurance industry median of 2.66. Thai Group Holdings PCL's overall GF Score™ is 60/100 with 8 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 Group Holdings PCL (BKK:TGH), the current ROA % is 1.12% as of Jun. 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 Group Holdings PCL (BKK:TGH) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Group Holdings PCL stock appears to be undervalued.
The current stock price of ฿10.70 is trading 14.7% below its estimated GF Value™ of ฿12.55.
GuruFocus considers Thai Group Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TGH:
ROA %: 1.12% (60% above median its 10-year median of 0.70)
GF Value™: ฿12.55 vs. price of ฿10.70 (14.7% below fair value)
Industry Position: 57.8% below the Insurance median (#353 of 502)
No single metric tells the full story. See the BKK:TGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the Life insurance business segment. The company is managed and operates principally in Thailand.
60GF Score
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