Asset Five Group PCL (BKK:A5) ROE %: -2.83% (As of Mar. 2026)


BKK:A5 Asset Five Group PCL BKK:A5
74 GF Score
Price ฿2.04
GF Value ฿1.95
Valuation Fairly Valued
! 10 Warning Signs
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What is Asset Five Group PCL ROE %?

Asset Five Group PCL BKK:A5 +12.09% 74 ROE % is -2.83% as of Mar. 2026. GuruFocus rates BKK:A5 with a GF Score™ of 74/100 and a GF Value™ of ฿1.95 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,731 Real Estate companies, Asset Five Group PCL ranks worse than 52.05% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Asset Five Group PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-47 Mil. Asset Five Group PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿1,677 Mil. Therefore, Asset Five Group PCL's annualized ROE % for the quarter that ended in Mar. 2026 was -2.83%.

The historical rank and industry rank for Asset Five Group PCL's ROE % or its related term are showing as below:

BKK:A5' s ROE % Range Over the Past 10 Years
Min: -117.64   Med: 9.44   Max: 44.09
Current: 3.6

During the past 13 years, Asset Five Group PCL's highest ROE % was 44.09%. The lowest was -117.64%. And the median was 9.44%.

BKK:A5's ROE % is ranked worse than
52.05% of 1731 companies
in the Real Estate industry
Industry Median: 3.98 vs BKK:A5: 3.60

Asset Five Group PCL  (BKK:A5) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-47.408/1676.694
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-47.408 / 846.66)*(846.66 / 3675.2755)*(3675.2755 / 1676.694)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.6 %*0.2304*2.192
=ROA %*Equity Multiplier
=-1.29 %*2.192
=-2.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-47.408/1676.694
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-47.408 / -46.28) * (-46.28 / -36.424) * (-36.424 / 846.66) * (846.66 / 3675.2755) * (3675.2755 / 1676.694)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0244 * 1.2706 * -4.3 % * 0.2304 * 2.192
=-2.83 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Asset Five Group PCL ROE % Related Terms


Asset Five Group PCL ROE % Historical Data

* Premium members only.

The historical data trend for Asset Five Group PCL's ROE % 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.

Asset Five Group PCL ROE % Chart

Asset Five Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.57 11.47 44.09 29.25 6.09

Asset Five Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.09 16.64 1.41 -1.01 -2.83

Asset Five Group PCL ROE % Competitor Comparison

For the Real Estate - Development subindustry, Asset Five Group PCL's ROE %, along with its competitors' market caps and ROE % 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.


Asset Five Group PCL ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Asset Five Group PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Asset Five Group PCL's ROE % falls into.


BKK:A5
74GF Score
Asset Five Group PCL BKK:A5
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asset Five Group PCL ROE % Calculation

Asset Five Group PCL's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=102.945/( (1697.196+1682.62)/ 2 )
=102.945/1689.908
=6.09 %

Asset Five Group PCL's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-47.408/( (1682.62+1670.768)/ 2 )
=-47.408/1676.694
=-2.83 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -2.83% mean?
Asset Five Group PCL (BKK:A5) has a ROE % of -2.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Asset Five Group PCL and its competitors. According to the industry distribution chart, Asset Five Group PCL ranks #901 out of 1731 companies in the Real Estate industry, placing it in the top 52.1%.
Is Asset Five Group PCL's ROE % too high?
Asset Five Group PCL's current ROE % is -2.83%. Based on the distribution chart, Asset Five Group PCL ranks #901 out of 1731 companies in the Real Estate industry, which is below the industry midpoint. Overall, Asset Five Group PCL has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asset Five Group PCL's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Asset Five Group PCL ranks #901 out of 1731 companies for ROE %. This places Asset Five Group PCL in the lower half of its industry. The industry median ROE % is 3.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.98, based on 1,731 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Asset Five Group PCL and its competitors. For the Real Estate industry, the median ROE % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Five Group PCL's current ROE % is -2.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Five Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Asset Five Group PCL (BKK:A5) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.95, compared to a current price of ฿2.04 — trading 4.6% above its estimated fair value. The current ROE % is -2.83%. Asset Five Group PCL's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Asset Five Group PCL (BKK:A5), the current ROE % is -2.83% 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 Asset Five Group PCL (BKK:A5) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Five Group PCL stock appears to be overvalued. The current stock price of ฿2.04 is trading 4.6% above its estimated GF Value™ of ฿1.95. GuruFocus considers Asset Five Group PCL to be Fairly Valued.

Key valuation signals for BKK:A5:

  • ROE %: -2.83%
  • GF Value™: ฿1.95 vs. price of ฿2.04 (4.6% above fair value)
  • GF Score™: 74/100 with 10 warning signs

No single metric tells the full story. See the BKK:A5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asset Five Group PCL Business Description

Address Vibhavadi-Rangsit Road, 199 S-OASIS Building, 12th Floor, Unit No. 1210, 1211, 1212, Chomphol, Chatuchak, Bangkok, THA, 10900
Asset Five Group PCL operates as a holding company. The firm is engaged in real estate development. It generates revenue from the sales of houses and sales of condominiums, of which key revenue is derived from the sales of houses. The Group is involved virtually in real estate development for sales business, and to provide services related to the real estate development business for sale in the form of interior, decoration, and renovation contracts. The group's operations are located in Thailand.
74GF Score

Get the complete analysis for BKK:A5

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.04
Price
฿1.95
GF Value