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Gunkul Engineering PCLBKK:GUNKUL -3.30%67 Return-on-Tangible-Equity is 16.30% as of Jun. 2026, which is 9% below its 10-year median of 17.84. GuruFocus rates BKK:GUNKUL with a GF Score™ of 67/100 and a GF Value™ of ฿3.01 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 432 Utilities - Independent Power Producers companies, Gunkul Engineering PCL ranks better than 76.39% 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. Gunkul Engineering PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿2,300 Mil. Gunkul Engineering PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ฿14,112 Mil. Therefore, Gunkul Engineering PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 16.30%.
The historical rank and industry rank for Gunkul Engineering PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:GUNKUL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.39 Med: 17.84 Max: 44.41
Current: 14.44
During the past 13 years, Gunkul Engineering PCL's highest Return-on-Tangible-Equity was 44.41%. The lowest was 8.39%. And the median was 17.84%.
BKK:GUNKUL's Return-on-Tangible-Equity is ranked better than 76.39% of 432
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.44
vs BKK:GUNKUL: 14.44
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.
Gunkul Engineering PCL Return-on-Tangible-Equity Related Terms
Gunkul Engineering PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gunkul 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.
BKK:GUNKUL vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Gunkul 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.
Gunkul Engineering PCL Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Gunkul Engineering PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gunkul 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.30% mean?
Gunkul Engineering PCL (BKK:GUNKUL) has a Return-on-Tangible-Equity of 16.30% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gunkul Engineering PCL and its competitors. This is near median its historical median of 17.84. Over the past decade, Gunkul Engineering PCL's Return-on-Tangible-Equity has ranged from 8.39 to 44.41. According to the industry distribution chart, Gunkul Engineering PCL ranks #102 out of 432 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.6%.
Is Gunkul Engineering PCL's Return-on-Tangible-Equity too high?
Gunkul Engineering PCL's current Return-on-Tangible-Equity of 16.30% is near median its 10-year median of 17.84. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 44.41. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.44. Gunkul Engineering PCL's value of 16.30% is 267.1% above this industry median. Based on the distribution chart, Gunkul Engineering PCL ranks #102 out of 432 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Gunkul Engineering 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 Gunkul Engineering PCL's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Gunkul Engineering PCL ranks #102 out of 432 companies for Return-on-Tangible-Equity. This places Gunkul Engineering PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.44. Gunkul Engineering PCL's value of 16.30% is 267.1% above this benchmark. Historically, Gunkul Engineering PCL's own Return-on-Tangible-Equity has ranged from 8.39 to 44.41 over the past decade. While the company's 10-year median is 17.84 vs. the industry median of 4.44, Gunkul Engineering 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 - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.44, based on 432 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. Gunkul Engineering PCL's current Return-on-Tangible-Equity of 16.30% is 267.1% 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 Gunkul Engineering PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gunkul Engineering PCL's current Return-on-Tangible-Equity is 16.30%, which is near median its own 10-year median of 17.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gunkul Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Gunkul Engineering PCL (BKK:GUNKUL) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.01, compared to a current price of ฿4.98 — trading 65.4% above its estimated fair value. The current Return-on-Tangible-Equity is 16.30%, which is near median its 10-year median of 17.84 and 267.1% above the Utilities - Independent Power Producers industry median of 4.44. Gunkul Engineering PCL's overall GF Score™ is 67/100 with 14 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 Gunkul Engineering PCL (BKK:GUNKUL), the current Return-on-Tangible-Equity is 16.30% as of Jun. 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 Gunkul Engineering PCL (BKK:GUNKUL) Overvalued in 2026?
Based on GuruFocus' analysis, Gunkul Engineering PCL stock appears to be overvalued.
The current stock price of ฿4.98 is trading 65.4% above its estimated GF Value™ of ฿3.01.
GuruFocus considers Gunkul Engineering PCL to be Significantly Overvalued.
Key valuation signals for BKK:GUNKUL:
Return-on-Tangible-Equity: 16.30% (near median its 10-year median of 17.84)
GF Value™: ฿3.01 vs. price of ฿4.98 (65.4% above fair value)
Industry Position: 267.1% above the Utilities - Independent Power Producers median (#102 of 432)
No single metric tells the full story. See the BKK:GUNKUL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gunkul Engineering PCL is involved in the manufacturing and distribution of equipments for electrical systems, construction and investing in the generating and selling electricity business. The company operates in four segments which are; Manufacturing and selling of equipments for electrical system, Generating and selling electricity, Construction service, Maintenance service, rental service and others. Generating & selling electricity derives key revenue for the company. Geographically, the majority of company's revenue comes from Thailand and rest from Japan, Vietnam and other markets.
67GF Score
Get the complete analysis for BKK:GUNKUL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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