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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. Dexon Technology PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-139.5 Mil. Dexon Technology PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿599.9 Mil. Therefore, Dexon Technology PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -23.26%.
The historical rank and industry rank for Dexon Technology PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:DEXON'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.55 Med: 10.14 Max: 51.78
Current: -10.55
During the past 5 years, Dexon Technology PCL's highest Return-on-Tangible-Equity was 51.78%. The lowest was -10.55%. And the median was 10.14%.
BKK:DEXON's Return-on-Tangible-Equity is ranked worse than 79.11% of 943
companies
in the Oil & Gas industry
Industry Median: 6.78
vs BKK:DEXON: -10.55
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.
Dexon Technology PCL Return-on-Tangible-Equity Related Terms
Dexon Technology PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dexon Technology 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:DEXON vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.
Dexon Technology PCL Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dexon Technology 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 -23.26% mean?
Dexon Technology PCL (BKK:DEXON) has a Return-on-Tangible-Equity of -23.26% 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 Dexon Technology PCL and its competitors. According to the industry distribution chart, Dexon Technology PCL ranks #746 out of 943 companies in the Oil & Gas industry, placing it in the top 79.1%.
Is Dexon Technology PCL's Return-on-Tangible-Equity too high?
Dexon Technology PCL's current Return-on-Tangible-Equity is -23.26%. Based on the distribution chart, Dexon Technology PCL ranks #746 out of 943 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dexon Technology PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexon Technology PCL's Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dexon Technology PCL ranks #746 out of 943 companies for Return-on-Tangible-Equity. This places Dexon Technology PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.78, based on 943 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. 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 Dexon Technology PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexon Technology PCL's current Return-on-Tangible-Equity is -23.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexon Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, Dexon Technology PCL (BKK:DEXON) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.71, compared to a current price of ฿0.79 — trading 53.8% below its estimated fair value. The current Return-on-Tangible-Equity is -23.26%. Dexon Technology PCL's overall GF Score™ is 39/100 with 1 warning sign 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 Dexon Technology PCL (BKK:DEXON), the current Return-on-Tangible-Equity is -23.26% 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 Dexon Technology PCL (BKK:DEXON) Overvalued in 2026?
Based on GuruFocus' analysis, Dexon Technology PCL stock appears to be undervalued.
The current stock price of ฿0.79 is trading 53.8% below its estimated GF Value™ of ฿1.71.
GuruFocus considers Dexon Technology PCL to be Possible Value Trap.
Key valuation signals for BKK:DEXON:
Return-on-Tangible-Equity: -23.26%
GF Value™: ฿1.71 vs. price of ฿0.79 (53.8% below fair value)
No single metric tells the full story. See the BKK:DEXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexon Technology PCL provides non-destructive inspection services, inspection training across a range of inspection standards, and distributes tools, spare parts, and equipment used for the inspection of goods quality. The Group is organised into business units based on its services and has eight reportable segments as follows: Conventional non-destructive inspection; Advance non-destructive testing technology; Advance in-line inspection technology; Research and development innovation; Asset integrity management service; Mechanical and maintenance personnel services; Training services; and Sales. It generates the majority of its revenue from Advance inspection technology.
39GF Score
Get the complete analysis for BKK:DEXON
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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