GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Siam Cement PCL (OTCPK:SCVPF) » Definitions » ROE %

Siam Cement PCL (Siam Cement PCL) ROE % : -1.23% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Siam Cement PCL ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Siam Cement PCL's annualized net income for the quarter that ended in Dec. 2023 was $-130 Mil. Siam Cement PCL's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $10,548 Mil. Therefore, Siam Cement PCL's annualized ROE % for the quarter that ended in Dec. 2023 was -1.23%.

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

SCVPF' s ROE % Range Over the Past 10 Years
Min: 5.78   Med: 15.19   Max: 25.14
Current: 6.86

During the past 13 years, Siam Cement PCL's highest ROE % was 25.14%. The lowest was 5.78%. And the median was 15.19%.

SCVPF's ROE % is ranked better than
53.58% of 517 companies
in the Conglomerates industry
Industry Median: 6.02 vs SCVPF: 6.86

Siam Cement PCL ROE % Historical Data

The historical data trend for Siam Cement 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.

* Premium members only.

Siam Cement PCL ROE % Chart

Siam Cement PCL 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 11.94 11.38 13.04 5.68 7.00

Siam Cement PCL 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 0.17 17.43 8.36 2.52 -1.23

Competitive Comparison of Siam Cement PCL's ROE %

For the Conglomerates subindustry, Siam Cement 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.


Siam Cement PCL's ROE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Siam Cement PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Siam Cement PCL's ROE % falls into.



Siam Cement PCL ROE % Calculation

Siam Cement PCL'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 )
=740.83/( (10764.32+10404.556)/ 2 )
=740.83/10584.438
=7.00 %

Siam Cement PCL'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 )
=-129.712/( (10690.825+10404.556)/ 2 )
=-129.712/10547.6905
=-1.23 %

* 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.


Siam Cement PCL  (OTCPK:SCVPF) 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
=-129.712/10547.6905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-129.712 / 13792.376)*(13792.376 / 26149.5235)*(26149.5235 / 10547.6905)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.94 %*0.5274*2.4792
=ROA %*Equity Multiplier
=-0.5 %*2.4792
=-1.23 %

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
=-129.712/10547.6905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-129.712 / -77.176) * (-77.176 / -327.492) * (-327.492 / 13792.376) * (13792.376 / 26149.5235) * (26149.5235 / 10547.6905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.6807 * 0.2357 * -2.37 % * 0.5274 * 2.4792
=-1.23 %

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.


Siam Cement PCL ROE % Related Terms

Thank you for viewing the detailed overview of Siam Cement PCL's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Siam Cement PCL (Siam Cement PCL) Business Description

Traded in Other Exchanges
Address
1 Siam Cement Road, Bangsue, Bangkok, THA, 10800
Siam Cement PCL is a holding company, which through its subsidiaries, manufactures and sells a variety of building materials, chemicals, and packaging products. The company organizes itself into four segments based on product type. The chemicals segment, which generates more revenue than any other segment, sells olefins and polyolefins. The cement-building materials segment sells cement, ready-mix concrete, roof tiles, ceramic tiles, and sanitary products. The packaging segment sells pulp, printing and writing paper, and corrugated paper used for packaging. The other segment sells automotive parts and steel. The majority of revenue comes from Thailand.

Siam Cement PCL (Siam Cement PCL) Headlines

From GuruFocus

Q2 2022 Siam Cement PCL Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2020 Siam Cement PCL Earnings Presentation Transcript

By GuruFocus Research 02-14-2024

Q4 2019 Siam Cement PCL Analyst Meeting Transcript

By GuruFocus Research 02-14-2024

Q2 2019 Siam Cement PCL Analyst Meeting Transcript

By GuruFocus Research 02-14-2024

Q2 2023 Siam Cement PCL Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2020 Siam Cement PCL Analyst Meeting Transcript

By GuruFocus Research 02-14-2024

Q3 2019 Siam Cement PCL Analyst Meeting Transcript

By GuruFocus Research 02-14-2024

Q3 2021 Siam Cement PCL Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2022 Siam Cement PCL Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2021 Siam Cement PCL Earnings Call Transcript

By GuruFocus Research 02-14-2024