The historical rank and industry rank for Eastern Technical Engineering PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ETE-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.85 Med: 3.35 Max: 15.53
Current: -1.57
During the past 12 years, Eastern Technical Engineering PCL's highest Return-on-Tangible-Equity was 15.53%. The lowest was -8.85%. And the median was 3.35%.
BKK:ETE-R's Return-on-Tangible-Equity is ranked worse than 79.85% of 551
companies
in the Conglomerates industry
Industry Median: 7.44
vs BKK:ETE-R: -1.57
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.
Eastern Technical Engineering PCL Return-on-Tangible-Equity Related Terms
Eastern Technical Engineering PCL Return-on-Tangible-Equity Historical Data
* 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:ETE-R vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Eastern Technical Engineering 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.
Eastern Technical Engineering PCL Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Eastern Technical Engineering PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eastern Technical Engineering 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 4.14% mean?
Eastern Technical Engineering PCL (BKK:ETE-R) has a Return-on-Tangible-Equity of 4.14% 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 Eastern Technical Engineering PCL and its competitors. This is 24% above median its historical median of 3.35. According to the industry distribution chart, Eastern Technical Engineering PCL ranks #440 out of 551 companies in the Conglomerates industry, placing it in the top 79.9%.
Is Eastern Technical Engineering PCL's Return-on-Tangible-Equity too high?
Eastern Technical Engineering PCL's current Return-on-Tangible-Equity of 4.14% is 24% above median its 10-year median of 3.35. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Eastern Technical Engineering PCL's value of 4.14% is 44.4% below this industry median. Based on the distribution chart, Eastern Technical Engineering PCL ranks #440 out of 551 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Eastern Technical Engineering PCL has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Eastern Technical Engineering PCL's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Eastern Technical Engineering PCL ranks #440 out of 551 companies for Return-on-Tangible-Equity. This places Eastern Technical Engineering PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.44. Eastern Technical Engineering PCL's value of 4.14% is 44.4% below this benchmark. While the company's 10-year median is 3.35 vs. the industry median of 7.44, Eastern Technical Engineering PCL has consistently been below 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 551 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. Eastern Technical Engineering PCL's current Return-on-Tangible-Equity of 4.14% is 44.4% 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 Eastern Technical Engineering PCL and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Technical Engineering PCL's current Return-on-Tangible-Equity is 4.14%, which is 24% above median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Technical Engineering PCL stock overvalued right now?
Eastern Technical Engineering PCL (BKK:ETE-R) has a current Return-on-Tangible-Equity of 4.14%. The stock's GF Value™ is ฿0.96, compared to a current price of ฿0.69 — trading 28.1% below its estimated fair value. The current Return-on-Tangible-Equity is 4.14%, which is 24% above median its 10-year median of 3.35 and 44.4% below the Conglomerates industry median of 7.44. Eastern Technical Engineering PCL's overall GF Score™ is 43/100 with 6 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 Eastern Technical Engineering PCL (BKK:ETE-R), the current Return-on-Tangible-Equity is 4.14% 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 Eastern Technical Engineering PCL (BKK:ETE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Eastern Technical Engineering PCL stock appears to be undervalued.
The current stock price of ฿0.69 is trading 28.1% below its estimated GF Value™ of ฿0.96.
Key valuation signals for BKK:ETE-R:
Return-on-Tangible-Equity: 4.14% (24% above median its 10-year median of 3.35)
GF Value™: ฿0.96 vs. price of ฿0.69 (28.1% below fair value)
Industry Position: 44.4% below the Conglomerates median (#440 of 551)
No single metric tells the full story. See the BKK:ETE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eastern Technical Engineering PCL Business Description
Eastern Technical Engineering PCL operates management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other services. Its segments include the business of management service, the business of construction service, the business of renewable energy, the business of sale of goods and other services. It operates in a single geographic area, namely in Thailand.
43GF Score
Get the complete analysis for BKK:ETE-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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