Thoresen Thai Agencies PCLTHAFF 81 ROA % is 1.55% as of Mar. 2026, which is 29% below its 10-year median of 2.18. GuruFocus rates THAFF with a GF Score™ of 81/100 and a GF Value™ of $0.23. The stock has 6 warning signs investors should review. Among 565 Conglomerates companies, Thoresen Thai Agencies PCL ranks worse than 57.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thoresen Thai Agencies PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was $24.9 Mil.
Thoresen Thai Agencies PCL's average Total Assets over the quarter that ended in Mar. 2026 was $1,606.1 Mil. Therefore, Thoresen Thai Agencies PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 1.55%.
The historical rank and industry rank for Thoresen Thai Agencies PCL's ROA % or its related term are showing as below:
THAFF'
s ROA % Range Over the Past 10 Years
Min: -6.03 Med: 2.18 Max: 11.03
Current: 1.71
During the past 13 years, Thoresen Thai Agencies PCL's highest ROA % was 11.03%. The lowest was -6.03%. And the median was 2.18%.
THAFF's ROA % is ranked worse than 57.52% of 565
companies
in the Conglomerates industry
Industry Median: 2.46
vs THAFF: 1.71
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 Conglomerates subindustry, Thoresen Thai Agencies 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.
Thoresen Thai Agencies PCL ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies 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.
Thoresen Thai Agencies PCL (THAFF) has a ROA % of 1.55% 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 Thoresen Thai Agencies PCL and its competitors. This is 29% below median its historical median of 2.18. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #325 out of 565 companies in the Conglomerates industry, placing it in the top 57.5%.
Is Thoresen Thai Agencies PCL's ROA % too high?
Thoresen Thai Agencies PCL's current ROA % of 1.55% is 29% below median its 10-year median of 2.18. The Conglomerates industry median ROA % is 2.46. Thoresen Thai Agencies PCL's value of 1.55% is 37% below this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #325 out of 565 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #325 out of 565 companies for ROA %. This places Thoresen Thai Agencies PCL in the lower half of its industry. The industry median ROA % is 2.46. Thoresen Thai Agencies PCL's value of 1.55% is 37% below this benchmark. While the company's 10-year median is 2.18 vs. the industry median of 2.46, Thoresen Thai Agencies 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 a Conglomerates company?
The median ROA % among Conglomerates companies is 2.46, based on 565 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. Thoresen Thai Agencies PCL's current ROA % of 1.55% is 37% 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates industry, the median ROA % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current ROA % is 1.55%, which is 29% below median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current ROA % of 1.55%. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current ROA % is 1.55%, which is 29% below median its 10-year median of 2.18 and 37% below the Conglomerates industry median of 2.46. Thoresen Thai Agencies PCL's overall GF Score™ is 81/100 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 Thoresen Thai Agencies PCL (THAFF), the current ROA % is 1.55% 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued.
The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.
Key valuation signals for THAFF:
ROA %: 1.55% (29% below median its 10-year median of 2.18)
GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
Industry Position: 37% below the Conglomerates median (#325 of 565)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
81GF Score
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