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Eastern Technical Engineering PCL (BKK:ETE-R) Return-on-Tangible-Equity : 3.14% (As of Mar. 2025)


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What is Eastern Technical Engineering 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. Eastern Technical Engineering PCL's annualized net income for the quarter that ended in Mar. 2025 was ฿29 Mil. Eastern Technical Engineering PCL's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ฿937 Mil. Therefore, Eastern Technical Engineering PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 3.14%.

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: 4.4   Max: 52
Current: 0.96

During the past 11 years, Eastern Technical Engineering PCL's highest Return-on-Tangible-Equity was 52.00%. The lowest was -8.85%. And the median was 4.40%.

BKK:ETE-R's Return-on-Tangible-Equity is ranked worse than
72.92% of 565 companies
in the Conglomerates industry
Industry Median: 6.79 vs BKK:ETE-R: 0.96

Eastern Technical Engineering PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Eastern Technical Engineering 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.

Eastern Technical Engineering PCL Return-on-Tangible-Equity Chart

Eastern Technical Engineering PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 3.11 2.69 5.22 1.42

Eastern Technical Engineering PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.91 2.84 1.76 -3.90 3.14

Competitive Comparison of Eastern Technical Engineering PCL's Return-on-Tangible-Equity

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's Return-on-Tangible-Equity Distribution in the 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.


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Eastern Technical Engineering PCL Return-on-Tangible-Equity Calculation

Eastern Technical Engineering PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=13.329/( (938.766+932.809 )/ 2 )
=13.329/935.7875
=1.42 %

Eastern Technical Engineering PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=29.364/( (932.809+940.213)/ 2 )
=29.364/936.511
=3.14 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Eastern Technical Engineering PCL  (BKK:ETE-R) 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.


Eastern Technical Engineering PCL Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Eastern Technical Engineering PCL's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Technical Engineering PCL Business Description

Traded in Other Exchanges
Address
88 Soi. Yothinpattana, Klongchan Sub-district, Bangkapi District, Bangkok, THA, 10240
Eastern Technical Engineering PCL is engaged in operating management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other service. The company's segments include Business of Management Service; Business of Construction Service; Business of renewable energy; and Business of sale of goods and other services. It derives majority of the revenue from Business of Management Service. All of the business operations are carried out in Thailand.

Eastern Technical Engineering PCL Headlines

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