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. Beyond Securities PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿74 Mil. Beyond Securities PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿4,824 Mil. Therefore, Beyond Securities PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.54%.
The historical rank and industry rank for Beyond Securities PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:BYD-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -55.16 Med: -11.82 Max: -2.23
Current: -46.41
During the past 13 years, Beyond Securities PCL's highest Return-on-Tangible-Equity was -2.23%. The lowest was -55.16%. And the median was -11.82%.
BKK:BYD-R's Return-on-Tangible-Equity is ranked worse than 92.45% of 781
companies
in the Capital Markets industry
Industry Median: 6.44
vs BKK:BYD-R: -46.41
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.
Beyond Securities PCL Return-on-Tangible-Equity Related Terms
Beyond Securities PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Beyond Securities 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:BYD-R vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Beyond Securities 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.
Beyond Securities PCL Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Beyond Securities PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Beyond Securities 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 1.54% mean?
Beyond Securities PCL (BKK:BYD-R) has a Return-on-Tangible-Equity of 1.54% 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 Beyond Securities PCL and its competitors. According to the industry distribution chart, Beyond Securities PCL ranks #722 out of 781 companies in the Capital Markets industry, placing it in the top 92.4%.
Is Beyond Securities PCL's Return-on-Tangible-Equity too high?
Beyond Securities PCL's current Return-on-Tangible-Equity is 1.54%. The Capital Markets industry median Return-on-Tangible-Equity is 6.44. Beyond Securities PCL's value of 1.54% is 76.1% below this industry median. Based on the distribution chart, Beyond Securities PCL ranks #722 out of 781 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Beyond Securities PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Beyond Securities PCL's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Beyond Securities PCL ranks #722 out of 781 companies for Return-on-Tangible-Equity. This places Beyond Securities PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.44. Beyond Securities PCL's value of 1.54% is 76.1% below this benchmark. 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.44, based on 781 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. Beyond Securities PCL's current Return-on-Tangible-Equity of 1.54% is 76.1% below 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 Beyond Securities PCL and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beyond Securities PCL's current Return-on-Tangible-Equity is 1.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyond Securities PCL stock overvalued right now?
Beyond Securities PCL (BKK:BYD-R) has a current Return-on-Tangible-Equity of 1.54%. The stock's GF Value™ is ฿11.14, compared to a current price of ฿4.33 — trading 61.1% below its estimated fair value. The current Return-on-Tangible-Equity is 1.54% and 76.1% below the Capital Markets industry median of 6.44. Beyond Securities PCL's overall GF Score™ is 59/100 with 4 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 Beyond Securities PCL (BKK:BYD-R), the current Return-on-Tangible-Equity is 1.54% 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 Beyond Securities PCL (BKK:BYD-R) Overvalued in 2026?
Based on GuruFocus' analysis, Beyond Securities PCL stock appears to be undervalued.
The current stock price of ฿4.33 is trading 61.1% below its estimated GF Value™ of ฿11.14.
Key valuation signals for BKK:BYD-R:
Return-on-Tangible-Equity: 1.54%
GF Value™: ฿11.14 vs. price of ฿4.33 (61.1% below fair value)
Industry Position: 76.1% below the Capital Markets median (#722 of 781)
No single metric tells the full story. See the BKK:BYD-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beyond Securities PCL is engaged in the securities business. It offers services such as securities brokerage, securities trading, securities underwriting, investment advisory service, derivatives brokerage, securities borrowing, and lending and private fund management. The Company has two reportable segments which comprise the Securities and Derivative business segment, which provides brokerage and derivative brokerage services, including the investment banking segment, and the Investment business segment, which provides services related to the management of the investment in securities. The majority of the revenue for the company is generated from its Securities and Derivative business segment. The Company generates totally operating revenue in Thailand.
59GF Score
Get the complete analysis for BKK:BYD-R
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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