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Birla Carbon (Thailand) PCLBKK:BCT 74 Return-on-Tangible-Equity is 10.15% as of Mar. 2026, which is 32% below its 10-year median of 14.90. GuruFocus rates BKK:BCT with a GF Score™ of 74/100 and a GF Value™ of ฿42.36 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,570 Chemicals companies, Birla Carbon (Thailand) PCL ranks worse than 51.91% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Birla Carbon (Thailand) PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿3,530 Mil. Birla Carbon (Thailand) PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿34,763 Mil. Therefore, Birla Carbon (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.15%.
The historical rank and industry rank for Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:BCT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.07 Med: 14.9 Max: 18.71
Current: 5.39
During the past 13 years, Birla Carbon (Thailand) PCL's highest Return-on-Tangible-Equity was 18.71%. The lowest was 5.07%. And the median was 14.90%.
BKK:BCT's Return-on-Tangible-Equity is ranked worse than 51.91% of 1570
companies
in the Chemicals industry
Industry Median: 5.745
vs BKK:BCT: 5.39
Birla Carbon (Thailand) PCL (BKK:BCT) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Birla Carbon (Thailand) PCL Return-on-Tangible-Equity Related Terms
Birla Carbon (Thailand) PCL Return-on-Tangible-Equity Historical 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.
Birla Carbon (Thailand) PCL Return-on-Tangible-Equity Chart
BKK:BCT vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Birla Carbon (Thailand) PCL Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.15% mean?
Birla Carbon (Thailand) PCL (BKK:BCT) has a Return-on-Tangible-Equity of 10.15% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Birla Carbon (Thailand) PCL and its competitors. This is 32% below median its historical median of 14.90. Over the past decade, Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity has ranged from 5.07 to 18.71. According to the industry distribution chart, Birla Carbon (Thailand) PCL ranks #815 out of 1570 companies in the Chemicals industry, placing it in the top 51.9%.
Is Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity too high?
Birla Carbon (Thailand) PCL's current Return-on-Tangible-Equity of 10.15% is 32% below median its 10-year median of 14.90. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 18.71. The Chemicals industry median Return-on-Tangible-Equity is 5.75. Birla Carbon (Thailand) PCL's value of 10.15% is 76.7% above this industry median. Based on the distribution chart, Birla Carbon (Thailand) PCL ranks #815 out of 1570 companies in the Chemicals industry, which is below the industry midpoint. Overall, Birla Carbon (Thailand) PCL has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Birla Carbon (Thailand) PCL's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Birla Carbon (Thailand) PCL ranks #815 out of 1570 companies for Return-on-Tangible-Equity. This places Birla Carbon (Thailand) PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.75. Birla Carbon (Thailand) PCL's value of 10.15% is 76.7% above this benchmark. Historically, Birla Carbon (Thailand) PCL's own Return-on-Tangible-Equity has ranged from 5.07 to 18.71 over the past decade. While the company's 10-year median is 14.90 vs. the industry median of 5.75, Birla Carbon (Thailand) 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 Return-on-Tangible-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.75, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Birla Carbon (Thailand) PCL's current Return-on-Tangible-Equity of 10.15% is 76.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Birla Carbon (Thailand) PCL and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Carbon (Thailand) PCL's current Return-on-Tangible-Equity is 10.15%, which is 32% below median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Carbon (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL (BKK:BCT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿42.36, compared to a current price of ฿50.00 — trading 18% above its estimated fair value. The current Return-on-Tangible-Equity is 10.15%, which is 32% below median its 10-year median of 14.90 and 76.7% above the Chemicals industry median of 5.75. Birla Carbon (Thailand) PCL's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Birla Carbon (Thailand) PCL (BKK:BCT), the current Return-on-Tangible-Equity is 10.15% 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 Birla Carbon (Thailand) PCL (BKK:BCT) Overvalued in 2026?
Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿50.00 is trading 18% above its estimated GF Value™ of ฿42.36.
GuruFocus considers Birla Carbon (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:BCT:
Return-on-Tangible-Equity: 10.15% (32% below median its 10-year median of 14.90)
GF Value™: ฿42.36 vs. price of ฿50.00 (18% above fair value)
Industry Position: 76.7% above the Chemicals median (#815 of 1570)
No single metric tells the full story. See the BKK:BCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Birla Carbon (Thailand) PCL through its subsidiaries operates as a manufacturer and supplier of carbon black additives for distribution to international markets. Carbon black is the flagship business of the Aditya Birla Group. Its product offering categories include Rubber Products, Rubber - Birla Carbon 3000 Series, Specialty Products, Specialty Post-Treated Products, and Form Letters. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan, Indonesia, Vietnam, Malaysia, and Other countries. The company serves Tires, Specialty Blacks and Mechanical Rubber Goods market.
74GF Score
Get the complete analysis for BKK:BCT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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