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Information and Communication Networks PCLBKK:ICN +0.93%81 Return-on-Tangible-Equity is 26.35% as of Mar. 2026, which is 43% above its 10-year median of 18.42. GuruFocus rates BKK:ICN with a GF Score™ of 81/100 and a GF Value™ of ฿2.77 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 328 Telecommunication Services companies, Information and Communication Networks PCL ranks better than 50.91% on this metric.
BKK:ICN's Return-on-Tangible-Equity is ranked better than 50.91% of 328
companies
in the Telecommunication Services industry
Industry Median: 14.285
vs BKK:ICN: 15.09
Information and Communication Networks PCL (BKK:ICN) 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.
Information and Communication Networks PCL Return-on-Tangible-Equity Related Terms
Information and Communication Networks 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.
Information and Communication Networks PCL Return-on-Tangible-Equity Chart
Information and Communication Networks PCL Annual Data
BKK:ICN vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Information and Communication Networks 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.
Information and Communication Networks PCL Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Information and Communication Networks PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Information and Communication Networks 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 26.35% mean?
Information and Communication Networks PCL (BKK:ICN) has a Return-on-Tangible-Equity of 26.35% 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 Information and Communication Networks PCL and its competitors. This is 43% above median its historical median of 18.42. Over the past decade, Information and Communication Networks PCL's Return-on-Tangible-Equity has ranged from 11.75 to 26.76. According to the industry distribution chart, Information and Communication Networks PCL ranks #161 out of 328 companies in the Telecommunication Services industry, placing it in the top 49.1%.
Is Information and Communication Networks PCL's Return-on-Tangible-Equity too high?
Information and Communication Networks PCL's current Return-on-Tangible-Equity of 26.35% is 43% above median its 10-year median of 18.42. Over the past 10 years, this metric has ranged from a low of 11.75 to a high of 26.76. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.29. Information and Communication Networks PCL's value of 26.35% is 84.5% above this industry median. Based on the distribution chart, Information and Communication Networks PCL ranks #161 out of 328 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Information and Communication Networks PCL has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Information and Communication Networks PCL's Return-on-Tangible-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Information and Communication Networks PCL ranks #161 out of 328 companies for Return-on-Tangible-Equity. This puts Information and Communication Networks PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 14.29. Information and Communication Networks PCL's value of 26.35% is 84.5% above this benchmark. Historically, Information and Communication Networks PCL's own Return-on-Tangible-Equity has ranged from 11.75 to 26.76 over the past decade. While the company's 10-year median is 18.42 vs. the industry median of 14.29, Information and Communication Networks 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 a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.29, based on 328 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. Information and Communication Networks PCL's current Return-on-Tangible-Equity of 26.35% is 84.5% 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 Information and Communication Networks PCL and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Information and Communication Networks PCL's current Return-on-Tangible-Equity is 26.35%, which is 43% above median its own 10-year median of 18.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Information and Communication Networks PCL stock overvalued right now?
Based on GuruFocus' analysis, Information and Communication Networks PCL (BKK:ICN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.77, compared to a current price of ฿2.16 — trading 22% below its estimated fair value. The current Return-on-Tangible-Equity is 26.35%, which is 43% above median its 10-year median of 18.42 and 84.5% above the Telecommunication Services industry median of 14.29. Information and Communication Networks PCL's overall GF Score™ is 81/100 with 8 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 Information and Communication Networks PCL (BKK:ICN), the current Return-on-Tangible-Equity is 26.35% 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 Information and Communication Networks PCL (BKK:ICN) Overvalued in 2026?
Based on GuruFocus' analysis, Information and Communication Networks PCL stock appears to be undervalued.
The current stock price of ฿2.16 is trading 22% below its estimated GF Value™ of ฿2.77.
GuruFocus considers Information and Communication Networks PCL to be Modestly Undervalued.
Key valuation signals for BKK:ICN:
Return-on-Tangible-Equity: 26.35% (43% above median its 10-year median of 18.42)
GF Value™: ฿2.77 vs. price of ฿2.16 (22% below fair value)
Industry Position: 84.5% above the Telecommunication Services median (#161 of 328)
No single metric tells the full story. See the BKK:ICN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Information and Communication Networks PCL is Engaged in telecommunications engineering business for government agencies, state enterprises and private companies. Its operations are carried only in Thailand. The Company is considered a full-service system integrator. The Company is able to provide design and installation services for telecommunication networks (Telecommunication System), which is a system in which the Company has expertise, as well as providing design and installation services for construction and other electrical systems (Construction and Electrical Systems). In addition, the Company also provides sales services for replacement equipment (Supply) and maintenance services for telecommunication networks (Maintenance).
81GF Score
Get the complete analysis for BKK:ICN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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