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Global Power Synergy PCLBKK:GPSC +0.46%67 Return-on-Tangible-Equity is 20.05% as of Mar. 2026, which is 60% above its 10-year median of 12.56. GuruFocus rates BKK:GPSC with a GF Score™ of 67/100 and a GF Value™ of ฿34.90 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 498 Utilities - Regulated companies, Global Power Synergy PCL ranks better than 74.5% 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. Global Power Synergy PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿6,877 Mil. Global Power Synergy PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿34,295 Mil. Therefore, Global Power Synergy PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.05%.
The historical rank and industry rank for Global Power Synergy PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:GPSC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.06 Med: 12.56 Max: 36.15
Current: 19.62
During the past 13 years, Global Power Synergy PCL's highest Return-on-Tangible-Equity was 36.15%. The lowest was 3.06%. And the median was 12.56%.
BKK:GPSC's Return-on-Tangible-Equity is ranked better than 74.5% of 498
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs BKK:GPSC: 19.62
Global Power Synergy PCL (BKK:GPSC) 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.
Global Power Synergy PCL Return-on-Tangible-Equity Related Terms
Global Power Synergy PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Global Power Synergy 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.
Global Power Synergy PCL Return-on-Tangible-Equity Chart
BKK:GPSC vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Global Power Synergy 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.
Global Power Synergy PCL Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Global Power Synergy PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Global Power Synergy 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 20.05% mean?
Global Power Synergy PCL (BKK:GPSC) has a Return-on-Tangible-Equity of 20.05% 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 Global Power Synergy PCL and its competitors. This is 60% above median its historical median of 12.56. Over the past decade, Global Power Synergy PCL's Return-on-Tangible-Equity has ranged from 3.06 to 36.15. According to the industry distribution chart, Global Power Synergy PCL ranks #127 out of 498 companies in the Utilities - Regulated industry, placing it in the top 25.5%.
Is Global Power Synergy PCL's Return-on-Tangible-Equity too high?
Global Power Synergy PCL's current Return-on-Tangible-Equity of 20.05% is 60% above median its 10-year median of 12.56. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 36.15. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Global Power Synergy PCL's value of 20.05% is 83.8% above this industry median. Based on the distribution chart, Global Power Synergy PCL ranks #127 out of 498 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Global Power Synergy PCL has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Power Synergy PCL's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Global Power Synergy PCL ranks #127 out of 498 companies for Return-on-Tangible-Equity. This puts Global Power Synergy PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.91. Global Power Synergy PCL's value of 20.05% is 83.8% above this benchmark. Historically, Global Power Synergy PCL's own Return-on-Tangible-Equity has ranged from 3.06 to 36.15 over the past decade. While the company's 10-year median is 12.56 vs. the industry median of 10.91, Global Power Synergy 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 an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 498 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. Global Power Synergy PCL's current Return-on-Tangible-Equity of 20.05% is 83.8% 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 Global Power Synergy PCL and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Power Synergy PCL's current Return-on-Tangible-Equity is 20.05%, which is 60% above median its own 10-year median of 12.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Power Synergy PCL stock overvalued right now?
Based on GuruFocus' analysis, Global Power Synergy PCL (BKK:GPSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿34.90, compared to a current price of ฿54.50 — trading 56.2% above its estimated fair value. The current Return-on-Tangible-Equity is 20.05%, which is 60% above median its 10-year median of 12.56 and 83.8% above the Utilities - Regulated industry median of 10.91. Global Power Synergy PCL's overall GF Score™ is 67/100 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 Global Power Synergy PCL (BKK:GPSC), the current Return-on-Tangible-Equity is 20.05% 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 Global Power Synergy PCL (BKK:GPSC) Overvalued in 2026?
Based on GuruFocus' analysis, Global Power Synergy PCL stock appears to be overvalued.
The current stock price of ฿54.50 is trading 56.2% above its estimated GF Value™ of ฿34.90.
GuruFocus considers Global Power Synergy PCL to be Significantly Overvalued.
Key valuation signals for BKK:GPSC:
Return-on-Tangible-Equity: 20.05% (60% above median its 10-year median of 12.56)
GF Value™: ฿34.90 vs. price of ฿54.50 (56.2% above fair value)
Industry Position: 83.8% above the Utilities - Regulated median (#127 of 498)
No single metric tells the full story. See the BKK:GPSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Power Synergy PCL is a utility company with ownership stakes in the Southeast Asian energy production industry. The company's principal businesses are the production and distribution of electricity, steam, and water for industrial use to government and industrial customers. It controls a portfolio of power plants, including solar and cogeneration facilities, through its subsidiary, associate, and joint venture companies. The company segments its operations into Independent Power Producer (IPP), Small Power Producer (SPP), and Others, and it earns maximum revenue from the Small Power Producer (SPP) segment.
67GF Score
Get the complete analysis for BKK:GPSC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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