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B.Grimm Power PCLBKK:BGRIM -0.51%82 Return-on-Tangible-Equity is 13.32% as of Mar. 2026, which is 3% below its 10-year median of 13.70. GuruFocus rates BKK:BGRIM with a GF Score™ of 82/100 and a GF Value™ of ฿20.68 (Fairly Valued). The stock has 12 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, B.Grimm Power PCL ranks better than 59.53% 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. B.Grimm Power PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿2,885 Mil. B.Grimm Power PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿21,659 Mil. Therefore, B.Grimm Power PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.32%.
The historical rank and industry rank for B.Grimm Power PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:BGRIM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.71 Med: 13.7 Max: 39.57
Current: 7.87
During the past 13 years, B.Grimm Power PCL's highest Return-on-Tangible-Equity was 39.57%. The lowest was -7.71%. And the median was 13.70%.
BKK:BGRIM's Return-on-Tangible-Equity is ranked better than 59.53% of 430
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.85
vs BKK:BGRIM: 7.87
B.Grimm Power PCL (BKK:BGRIM) 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.
B.Grimm Power PCL Return-on-Tangible-Equity Related Terms
B.Grimm Power PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for B.Grimm Power PCL's Return-on-Tangible-Equity 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.
BKK:BGRIM vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, B.Grimm Power 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.
B.Grimm Power PCL Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, B.Grimm Power PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where B.Grimm Power 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 13.32% mean?
B.Grimm Power PCL (BKK:BGRIM) has a Return-on-Tangible-Equity of 13.32% 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 B.Grimm Power PCL and its competitors. This is near median its historical median of 13.70. According to the industry distribution chart, B.Grimm Power PCL ranks #174 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.5%.
Is B.Grimm Power PCL's Return-on-Tangible-Equity too high?
B.Grimm Power PCL's current Return-on-Tangible-Equity of 13.32% is near median its 10-year median of 13.70. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.85. B.Grimm Power PCL's value of 13.32% is 174.6% above this industry median. Based on the distribution chart, B.Grimm Power PCL ranks #174 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, B.Grimm Power PCL has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B.Grimm Power PCL's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, B.Grimm Power PCL ranks #174 out of 430 companies for Return-on-Tangible-Equity. This puts B.Grimm Power PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.85. B.Grimm Power PCL's value of 13.32% is 174.6% above this benchmark. While the company's 10-year median is 13.70 vs. the industry median of 4.85, B.Grimm Power 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.85, based on 430 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. B.Grimm Power PCL's current Return-on-Tangible-Equity of 13.32% is 174.6% 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 B.Grimm Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.Grimm Power PCL's current Return-on-Tangible-Equity is 13.32%, which is near median its own 10-year median of 13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.Grimm Power PCL stock overvalued right now?
Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Fairly Valued. The stock's GF Value™ is ฿20.68, compared to a current price of ฿19.40 — trading 6.2% below its estimated fair value. The current Return-on-Tangible-Equity is 13.32%, which is near median its 10-year median of 13.70 and 174.6% above the Utilities - Independent Power Producers industry median of 4.85. B.Grimm Power PCL's overall GF Score™ is 82/100 with 12 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 B.Grimm Power PCL (BKK:BGRIM), the current Return-on-Tangible-Equity is 13.32% 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?
Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued.
The current stock price of ฿19.40 is trading 6.2% below its estimated GF Value™ of ฿20.68.
GuruFocus considers B.Grimm Power PCL to be Fairly Valued.
Key valuation signals for BKK:BGRIM:
Return-on-Tangible-Equity: 13.32% (near median its 10-year median of 13.70)
GF Value™: ฿20.68 vs. price of ฿19.40 (6.2% below fair value)
Industry Position: 174.6% above the Utilities - Independent Power Producers median (#174 of 430)
No single metric tells the full story. See the BKK:BGRIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.
82GF Score
Get the complete analysis for BKK:BGRIM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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