Communication and System Solution PCL (BKK:CSS) Return-on-Tangible-Equity: 11.10% (As of Mar. 2026) — 65% Above Median

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BKK:CSS Communication and System Solution PCL BKK:CSS
49 GF Score
Price ฿0.99
GF Value ฿0.82
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Communication and System Solution PCL Return-on-Tangible-Equity?

Communication and System Solution PCL BKK:CSS -2.94% 49 Return-on-Tangible-Equity is 11.10% as of Mar. 2026, which is 65% above its 10-year median of 6.72. GuruFocus rates BKK:CSS with a GF Score™ of 49/100 and a GF Value™ of ฿0.82 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 2,384 Hardware companies, Communication and System Solution PCL ranks worse than 53.86% 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. Communication and System Solution PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿182 Mil. Communication and System Solution PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,641 Mil. Therefore, Communication and System Solution PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.10%.

The historical rank and industry rank for Communication and System Solution PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:CSS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.27   Med: 6.72   Max: 15.78
Current: 4.39

During the past 13 years, Communication and System Solution PCL's highest Return-on-Tangible-Equity was 15.78%. The lowest was 1.27%. And the median was 6.72%.

BKK:CSS's Return-on-Tangible-Equity is ranked worse than
53.86% of 2384 companies
in the Hardware industry
Industry Median: 5.32 vs BKK:CSS: 4.39

Communication and System Solution PCL  (BKK:CSS) 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.


Communication and System Solution PCL Return-on-Tangible-Equity Related Terms


Communication and System Solution PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Communication and System Solution 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.

Communication and System Solution PCL Return-on-Tangible-Equity Chart

Communication and System Solution PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.78 6.97 1.27 4.70 2.25

Communication and System Solution PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.63 2.50 2.12 1.78 11.10

BKK:CSS vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison

For the Electronics & Computer Distribution subindustry, Communication and System Solution 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.


Communication and System Solution PCL Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Communication and System Solution PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Communication and System Solution PCL's Return-on-Tangible-Equity falls into.


BKK:CSS
49GF Score
Communication and System Solution PCL BKK:CSS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Communication and System Solution PCL Return-on-Tangible-Equity Calculation

Communication and System Solution PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=36.641/( (1646.557+1613.492 )/ 2 )
=36.641/1630.0245
=2.25 %

Communication and System Solution PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=182.248/( (1613.492+1668.979)/ 2 )
=182.248/1641.2355
=11.10 %

* 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 11.10% mean?
Communication and System Solution PCL (BKK:CSS) has a Return-on-Tangible-Equity of 11.10% 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 Communication and System Solution PCL and its competitors. This is 65% above median its historical median of 6.72. Over the past decade, Communication and System Solution PCL's Return-on-Tangible-Equity has ranged from 1.27 to 15.78. According to the industry distribution chart, Communication and System Solution PCL ranks #1284 out of 2384 companies in the Hardware industry, placing it in the top 53.9%.
Is Communication and System Solution PCL's Return-on-Tangible-Equity too high?
Communication and System Solution PCL's current Return-on-Tangible-Equity of 11.10% is 65% above median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 15.78. The Hardware industry median Return-on-Tangible-Equity is 5.32. Communication and System Solution PCL's value of 11.10% is 108.6% above this industry median. Based on the distribution chart, Communication and System Solution PCL ranks #1284 out of 2384 companies in the Hardware industry, which is below the industry midpoint. Overall, Communication and System Solution PCL has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Communication and System Solution PCL's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Communication and System Solution PCL ranks #1284 out of 2384 companies for Return-on-Tangible-Equity. This places Communication and System Solution PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Communication and System Solution PCL's value of 11.10% is 108.6% above this benchmark. Historically, Communication and System Solution PCL's own Return-on-Tangible-Equity has ranged from 1.27 to 15.78 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 5.32, Communication and System Solution 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,384 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. Communication and System Solution PCL's current Return-on-Tangible-Equity of 11.10% is 108.6% 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 Communication and System Solution PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Communication and System Solution PCL's current Return-on-Tangible-Equity is 11.10%, which is 65% above median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Communication and System Solution PCL stock overvalued right now?
Based on GuruFocus' analysis, Communication and System Solution PCL (BKK:CSS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.82, compared to a current price of ฿0.99 — trading 20.7% above its estimated fair value. The current Return-on-Tangible-Equity is 11.10%, which is 65% above median its 10-year median of 6.72 and 108.6% above the Hardware industry median of 5.32. Communication and System Solution PCL's overall GF Score™ is 49/100 with 11 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 Communication and System Solution PCL (BKK:CSS), the current Return-on-Tangible-Equity is 11.10% 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 Communication and System Solution PCL (BKK:CSS) Overvalued in 2026?

Based on GuruFocus' analysis, Communication and System Solution PCL stock appears to be overvalued. The current stock price of ฿0.99 is trading 20.7% above its estimated GF Value™ of ฿0.82. GuruFocus considers Communication and System Solution PCL to be Modestly Overvalued.

Key valuation signals for BKK:CSS:

  • Return-on-Tangible-Equity: 11.10% (65% above median its 10-year median of 6.72)
  • GF Value™: ฿0.82 vs. price of ฿0.99 (20.7% above fair value)
  • GF Score™: 49/100 with 11 warning signs
  • Industry Position: 108.6% above the Hardware median (#1284 of 2384)

No single metric tells the full story. See the BKK:CSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Communication and System Solution PCL Business Description

Address 329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand-based company engaged in the distribution and installation of equipment for electricity, water, air conditioning, and telecommunication systems. It operates in two segments: the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system, fire protection systems, and maintenance services. The company derives a majority of its revenue from the Distribution of electrical equipment.
49GF Score

Get the complete analysis for BKK:CSS

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.99
Price
฿0.82
GF Value