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TPI Polene Power PCLBKK:TPIPP 68 ROA % is 1.25% as of Mar. 2026, which is 88% below its 10-year median of 10.07. GuruFocus rates BKK:TPIPP with a GF Score™ of 68/100 and a GF Value™ of ฿2.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, TPI Polene Power PCL ranks better than 60.58% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TPI Polene Power PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿862 Mil.
TPI Polene Power PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿68,775 Mil. Therefore, TPI Polene Power PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 1.25%.
The historical rank and industry rank for TPI Polene Power PCL's ROA % or its related term are showing as below:
BKK:TPIPP'
s ROA % Range Over the Past 10 Years
Min: 2.23 Med: 10.07 Max: 13.28
Current: 2.23
During the past 12 years, TPI Polene Power PCL's highest ROA % was 13.28%. The lowest was 2.23%. And the median was 10.07%.
TPI Polene Power PCL (BKK:TPIPP) 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.
* 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 Utilities - Renewable subindustry, TPI Polene Power 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.
TPI Polene Power PCL ROA % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, TPI Polene Power PCL's ROA % distribution charts can be found below:
* The bar in red indicates where TPI Polene Power 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.
TPI Polene Power PCL (BKK:TPIPP) has a ROA % of 1.25% 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 TPI Polene Power PCL and its competitors. This is 88% below median its historical median of 10.07. Over the past decade, TPI Polene Power PCL's ROA % has ranged from 2.23 to 13.28. According to the industry distribution chart, TPI Polene Power PCL ranks #177 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.4%.
Is TPI Polene Power PCL's ROA % too high?
TPI Polene Power PCL's current ROA % of 1.25% is 88% below median its 10-year median of 10.07. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 13.28. The Utilities - Independent Power Producers industry median ROA % is 1.21. TPI Polene Power PCL's value of 1.25% is 3.3% above this industry median. Based on the distribution chart, TPI Polene Power PCL ranks #177 out of 449 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, TPI Polene Power PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPI Polene Power PCL's ROA % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPI Polene Power PCL ranks #177 out of 449 companies for ROA %. This puts TPI Polene Power PCL in the upper half of its industry. The industry median ROA % is 1.21. TPI Polene Power PCL's value of 1.25% is 3.3% above this benchmark. Historically, TPI Polene Power PCL's own ROA % has ranged from 2.23 to 13.28 over the past decade. While the company's 10-year median is 10.07 vs. the industry median of 1.21, TPI Polene Power 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 an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.21, based on 449 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. TPI Polene Power PCL's current ROA % of 1.25% is 3.3% 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 TPI Polene Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Polene Power PCL's current ROA % is 1.25%, which is 88% below median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Polene Power PCL stock overvalued right now?
Based on GuruFocus' analysis, TPI Polene Power PCL (BKK:TPIPP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.35, compared to a current price of ฿1.81 — trading 23% below its estimated fair value. The current ROA % is 1.25%, which is 88% below median its 10-year median of 10.07 and 3.3% above the Utilities - Independent Power Producers industry median of 1.21. TPI Polene Power PCL's overall GF Score™ is 68/100 with 10 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 TPI Polene Power PCL (BKK:TPIPP), the current ROA % is 1.25% 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 TPI Polene Power PCL (BKK:TPIPP) Overvalued in 2026?
Based on GuruFocus' analysis, TPI Polene Power PCL stock appears to be undervalued.
The current stock price of ฿1.81 is trading 23% below its estimated GF Value™ of ฿2.35.
GuruFocus considers TPI Polene Power PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPP:
ROA %: 1.25% (88% below median its 10-year median of 10.07)
GF Value™: ฿2.35 vs. price of ฿1.81 (23% below fair value)
Industry Position: 3.3% above the Utilities - Independent Power Producers median (#177 of 449)
No single metric tells the full story. See the BKK:TPIPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste, and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. It derives maximum revenue from Energy & Utilities segment. Geographically, the company operates in Thailand.
68GF Score
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