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Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) 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.
Trinity Freehold And Leasehold Property Fund ROA % Related Terms
Trinity Freehold And Leasehold Property Fund 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.
Trinity Freehold And Leasehold Property Fund ROA % Chart
Trinity Freehold And Leasehold Property Fund Annual Data
* 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.
Trinity Freehold And Leasehold Property Fund ROA % vs REITs Industry
* 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.
Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) has a ROA % of 1.14% 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 Trinity Freehold And Leasehold Property Fund and its competitors. This is 65% below median its historical median of 3.22.
Is Trinity Freehold And Leasehold Property Fund's ROA % too high?
Trinity Freehold And Leasehold Property Fund's current ROA % of 1.14% is 65% below median its 10-year median of 3.22. The REITs industry median ROA % is 3.24. Trinity Freehold And Leasehold Property Fund's value of 1.14% is 64.8% below this industry median. Overall, Trinity Freehold And Leasehold Property Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Trinity Freehold And Leasehold Property Fund's ROA % compare to SPG and O?
Trinity Freehold And Leasehold Property Fund's ROA % of 1.14% can be compared against companies in the REITs industry. The industry median ROA % is 3.24. Trinity Freehold And Leasehold Property Fund's value of 1.14% is 64.8% below this benchmark. While the company's 10-year median is 3.22 vs. the industry median of 3.24, Trinity Freehold And Leasehold Property Fund 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 REITs company?
The median ROA % among REITs companies is 3.24, based on 926 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. Trinity Freehold And Leasehold Property Fund's current ROA % of 1.14% is 64.8% 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 Trinity Freehold And Leasehold Property Fund and its competitors. For the REITs industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinity Freehold And Leasehold Property Fund's current ROA % is 1.14%, which is 65% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Freehold And Leasehold Property Fund stock overvalued right now?
Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) has a current ROA % of 1.14%. The stock's GF Value™ is ฿2.71, compared to a current price of ฿1.96 — trading 27.7% below its estimated fair value. The current ROA % is 1.14%, which is 65% below median its 10-year median of 3.22 and 64.8% below the REITs industry median of 3.24. Trinity Freehold And Leasehold Property Fund's overall GF Score™ is 57/100 with 4 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 Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F), the current ROA % is 1.14% 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 Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) Overvalued in 2026?
Based on GuruFocus' analysis, Trinity Freehold And Leasehold Property Fund stock appears to be undervalued.
The current stock price of ฿1.96 is trading 27.7% below its estimated GF Value™ of ฿2.71.
Key valuation signals for BKK:TNPF-F:
ROA %: 1.14% (65% below median its 10-year median of 3.22)
GF Value™: ฿2.71 vs. price of ฿1.96 (27.7% below fair value)
No single metric tells the full story. See the BKK:TNPF-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trinity Freehold And Leasehold Property Fund engages in real estate investments. The objective of the Fund is to raise funds from general investors, both local and foreign individual and juristic person. The fund will use such funds to purchase, lease and/or sub-lease immovable property. Its property portfolio includes serviced apartment, hotel and shopping center.
57GF Score
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