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I.C.C.International PCLBKK:ICC 67 Return-on-Tangible-Equity is 1.85% as of Mar. 2026, which is 43% below its 10-year median of 3.24. GuruFocus rates BKK:ICC with a GF Score™ of 67/100 and a GF Value™ of ฿22.97 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,060 Retail - Cyclical companies, I.C.C.International PCL ranks worse than 72.74% 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. I.C.C.International PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿549 Mil. I.C.C.International PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿29,602 Mil. Therefore, I.C.C.International PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.85%.
The historical rank and industry rank for I.C.C.International PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:ICC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.22 Med: 3.24 Max: 5.63
Current: 1.1
During the past 13 years, I.C.C.International PCL's highest Return-on-Tangible-Equity was 5.63%. The lowest was -0.22%. And the median was 3.24%.
BKK:ICC's Return-on-Tangible-Equity is ranked worse than 72.74% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.455
vs BKK:ICC: 1.10
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.
I.C.C.International PCL Return-on-Tangible-Equity Related Terms
I.C.C.International PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for I.C.C.International 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:ICC vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison
For the Apparel Retail subindustry, I.C.C.International 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.
I.C.C.International PCL Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where I.C.C.International 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 1.85% mean?
I.C.C.International PCL (BKK:ICC) has a Return-on-Tangible-Equity of 1.85% 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 I.C.C.International PCL and its competitors. This is 43% below median its historical median of 3.24. According to the industry distribution chart, I.C.C.International PCL ranks #771 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 72.7%.
Is I.C.C.International PCL's Return-on-Tangible-Equity too high?
I.C.C.International PCL's current Return-on-Tangible-Equity of 1.85% is 43% below median its 10-year median of 3.24. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. I.C.C.International PCL's value of 1.85% is 78.1% below this industry median. Based on the distribution chart, I.C.C.International PCL ranks #771 out of 1060 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, I.C.C.International PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I.C.C.International PCL's Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, I.C.C.International PCL ranks #771 out of 1060 companies for Return-on-Tangible-Equity. This places I.C.C.International PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. I.C.C.International PCL's value of 1.85% is 78.1% below this benchmark. While the company's 10-year median is 3.24 vs. the industry median of 8.46, I.C.C.International 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,060 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. I.C.C.International PCL's current Return-on-Tangible-Equity of 1.85% is 78.1% 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 I.C.C.International PCL and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I.C.C.International PCL's current Return-on-Tangible-Equity is 1.85%, which is 43% below median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I.C.C.International PCL stock overvalued right now?
Based on GuruFocus' analysis, I.C.C.International PCL (BKK:ICC) is currently considered Fairly Valued. The stock's GF Value™ is ฿22.97, compared to a current price of ฿24.60 — trading 7.1% above its estimated fair value. The current Return-on-Tangible-Equity is 1.85%, which is 43% below median its 10-year median of 3.24 and 78.1% below the Retail - Cyclical industry median of 8.46. I.C.C.International PCL's overall GF Score™ is 67/100 with 7 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 I.C.C.International PCL (BKK:ICC), the current Return-on-Tangible-Equity is 1.85% 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 I.C.C.International PCL (BKK:ICC) Overvalued in 2026?
Based on GuruFocus' analysis, I.C.C.International PCL stock appears to be overvalued.
The current stock price of ฿24.60 is trading 7.1% above its estimated GF Value™ of ฿22.97.
GuruFocus considers I.C.C.International PCL to be Fairly Valued.
Key valuation signals for BKK:ICC:
Return-on-Tangible-Equity: 1.85% (43% below median its 10-year median of 3.24)
GF Value™: ฿22.97 vs. price of ฿24.60 (7.1% above fair value)
Industry Position: 78.1% below the Retail - Cyclical median (#771 of 1060)
No single metric tells the full story. See the BKK:ICC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
I.C.C.International PCL is engaged in distributing consumer products. It sells domestic and international fashion products, including cosmetics and fragrances, hair and skin hygiene products, a full range of textiles and apparel such as lingerie, outerwear, sportswear, and athletic wear, laundry and garment care products, and leather fashion items, etc. The company's principal segments are: Cosmetics, toiletries & perfumeries, Women's apparel, Men's apparel and Household products. The majority of the company's revenue is derived from the Men's apparel segment. Geographically, it operates only in Thailand.
67GF Score
Get the complete analysis for BKK:ICC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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