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Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Return-on-Tangible-Equity : 8.23% (As of Mar. 2024)


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What is Cal-Comp Electronics (Thailand) PCL Return-on-Tangible-Equity?

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. Cal-Comp Electronics (Thailand) PCL's annualized net income for the quarter that ended in Mar. 2024 was ฿2,226 Mil. Cal-Comp Electronics (Thailand) PCL's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿27,059 Mil. Therefore, Cal-Comp Electronics (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 8.23%.

The historical rank and industry rank for Cal-Comp Electronics (Thailand) PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:CCET' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.36   Med: 4.78   Max: 9.07
Current: 6.19

During the past 13 years, Cal-Comp Electronics (Thailand) PCL's highest Return-on-Tangible-Equity was 9.07%. The lowest was 1.36%. And the median was 4.78%.

BKK:CCET's Return-on-Tangible-Equity is ranked better than
53.07% of 2361 companies
in the Hardware industry
Industry Median: 5.37 vs BKK:CCET: 6.19

Cal-Comp Electronics (Thailand) PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Cal-Comp Electronics (Thailand) 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.

* Premium members only.

Cal-Comp Electronics (Thailand) PCL Return-on-Tangible-Equity Chart

Cal-Comp Electronics (Thailand) PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 1.36 1.69 4.55 5.01

Cal-Comp Electronics (Thailand) PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 5.87 7.71 7.36 1.76 8.23

Competitive Comparison of Cal-Comp Electronics (Thailand) PCL's Return-on-Tangible-Equity

For the Computer Hardware subindustry, Cal-Comp Electronics (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.


Cal-Comp Electronics (Thailand) PCL's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cal-Comp Electronics (Thailand) PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cal-Comp Electronics (Thailand) PCL's Return-on-Tangible-Equity falls into.



Cal-Comp Electronics (Thailand) PCL Return-on-Tangible-Equity Calculation

Cal-Comp Electronics (Thailand) PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1115.609/( (18515.413+26014.644 )/ 2 )
=1115.609/22265.0285
=5.01 %

Cal-Comp Electronics (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=2225.716/( (26014.644+28103.338)/ 2 )
=2225.716/27058.991
=8.23 %

* 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 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cal-Comp Electronics (Thailand) PCL  (BKK:CCET) 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.


Cal-Comp Electronics (Thailand) PCL Return-on-Tangible-Equity Related Terms

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Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Business Description

Traded in Other Exchanges
Address
Rachadapisek Road, 191/54,191/57, 18th Floor, CTI Tower, Kwang Klongtoey, Khet Klongtoey, Bangkok, THA, 10110
Cal-Comp Electronics (Thailand) PCL is a Thailand-based company engaged in the manufacture of electronic products, such as computer and computer peripherals, telecommunication equipment, and automation equipment. The company has three reporting segments: Computer peripherals offer ink-jet printers, laser printers, multifunction printers, dot-matrix printers, external hard drives, and printed circuit board assemblies, Telecommunications products include set-top boxes and Bluetooth headsets, and Service income segment. Computer peripherals generate the majority of the company's revenue. The company serves markets in Thailand, the British Virgin Islands, Brazil, China, and the Philippines and the majority of its sales come from its customer base in Thailand.

Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Headlines

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