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Kasikornbank Public Co (Kasikornbank Public Co) ROE % : 7.19% (As of Dec. 2023)


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What is Kasikornbank Public Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kasikornbank Public Co's annualized net income for the quarter that ended in Dec. 2023 was $1,073 Mil. Kasikornbank Public Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $14,925 Mil. Therefore, Kasikornbank Public Co's annualized ROE % for the quarter that ended in Dec. 2023 was 7.19%.

The historical rank and industry rank for Kasikornbank Public Co's ROE % or its related term are showing as below:

KPCUF' s ROE % Range Over the Past 10 Years
Min: 6.97   Med: 10.07   Max: 19.38
Current: 8.19

During the past 13 years, Kasikornbank Public Co's highest ROE % was 19.38%. The lowest was 6.97%. And the median was 10.07%.

KPCUF's ROE % is ranked worse than
61.21% of 1459 companies
in the Banks industry
Industry Median: 9.88 vs KPCUF: 8.19

Kasikornbank Public Co ROE % Historical Data

The historical data trend for Kasikornbank Public Co'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.

* Premium members only.

Kasikornbank Public Co ROE % Chart

Kasikornbank Public Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.28 6.98 7.87 7.17 8.17

Kasikornbank Public Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.62 8.50 8.49 8.55 7.19

Competitive Comparison of Kasikornbank Public Co's ROE %

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's ROE % distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's ROE % falls into.



Kasikornbank Public Co ROE % Calculation

Kasikornbank Public Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1212.23/( (14475.047+15216.397)/ 2 )
=1212.23/14845.722
=8.17 %

Kasikornbank Public Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1073.48/( (14634.541+15216.397)/ 2 )
=1073.48/14925.469
=7.19 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Kasikornbank Public Co  (OTCPK:KPCUF) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1073.48/14925.469
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1073.48 / 7202.532)*(7202.532 / 120666.8315)*(120666.8315 / 14925.469)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.9 %*0.0597*8.0846
=ROA %*Equity Multiplier
=0.89 %*8.0846
=7.19 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1073.48/14925.469
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1073.48 / 1465.404) * (1465.404 / 7202.532) * (7202.532 / 120666.8315) * (120666.8315 / 14925.469)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7325 * 20.35 % * 0.0597 * 8.0846
=7.19 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Kasikornbank Public Co ROE % Related Terms

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Kasikornbank Public Co (Kasikornbank Public Co) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (Kasikornbank Public Co) Headlines

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