Tirathai PCLBKK:TRT-R 58 ROA % is 17.40% as of Mar. 2026, which is 721% above its 10-year median of 2.12. GuruFocus rates BKK:TRT-R with a GF Score™ of 58/100 and a GF Value™ of ฿0.86. The stock has 7 warning signs investors should review. Among 3,081 Industrial Products companies, Tirathai PCL ranks better than 76.66% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tirathai PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿651 Mil.
Tirathai PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿3,743 Mil. Therefore, Tirathai PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 17.40%.
The historical rank and industry rank for Tirathai PCL's ROA % or its related term are showing as below:
BKK:TRT-R'
s ROA % Range Over the Past 10 Years
Min: -3.27 Med: 2.12 Max: 7.13
Current: 7.13
During the past 13 years, Tirathai PCL's highest ROA % was 7.13%. The lowest was -3.27%. And the median was 2.12%.
BKK:TRT-R's ROA % is ranked better than 76.66% of 3081
companies
in the Industrial Products industry
Industry Median: 3.06
vs BKK:TRT-R: 7.13
Tirathai PCL (BKK:TRT-R) 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.
Tirathai PCL ROA % Related Terms
Tirathai PCL ROA % Historical Data
* Premium members only.
The historical data trend for Tirathai 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 Electrical Equipment & Parts subindustry, Tirathai 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.
Tirathai PCL ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tirathai PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Tirathai 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.
Tirathai PCL (BKK:TRT-R) has a ROA % of 17.40% 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 Tirathai PCL and its competitors. This is 721% above median its historical median of 2.12. According to the industry distribution chart, Tirathai PCL ranks #719 out of 3081 companies in the Industrial Products industry, placing it in the top 23.3%.
Is Tirathai PCL's ROA % too high?
Tirathai PCL's current ROA % of 17.40% is 721% above median its 10-year median of 2.12. The Industrial Products industry median ROA % is 3.06. Tirathai PCL's value of 17.40% is 468.6% above this industry median. Based on the distribution chart, Tirathai PCL ranks #719 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tirathai PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tirathai PCL ranks #719 out of 3081 companies for ROA %. This places Tirathai PCL in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 3.06. Tirathai PCL's value of 17.40% is 468.6% above this benchmark. While the company's 10-year median is 2.12 vs. the industry median of 3.06, Tirathai 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 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. Tirathai PCL's current ROA % of 17.40% is 468.6% 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 Tirathai PCL and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirathai PCL's current ROA % is 17.40%, which is 721% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current ROA % of 17.40%. The stock's GF Value™ is ฿0.86, compared to a current price of ฿3.52 — trading 309.3% above its estimated fair value. The current ROA % is 17.40%, which is 721% above median its 10-year median of 2.12 and 468.6% above the Industrial Products industry median of 3.06. Tirathai PCL's overall GF Score™ is 58/100 with 7 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 Tirathai PCL (BKK:TRT-R), the current ROA % is 17.40% 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued.
The current stock price of ฿3.52 is trading 309.3% above its estimated GF Value™ of ฿0.86.
Key valuation signals for BKK:TRT-R:
ROA %: 17.40% (721% above median its 10-year median of 2.12)
GF Value™: ฿0.86 vs. price of ฿3.52 (309.3% above fair value)
Industry Position: 468.6% above the Industrial Products median (#719 of 3081)
No single metric tells the full story. See the BKK:TRT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
58GF Score
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