Mc Group PCLBKK:MC-R 94 Return-on-Tangible-Equity is 19.47% as of Mar. 2026, which is 2% above its 10-year median of 19.10. GuruFocus rates BKK:MC-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.62. The stock has 3 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Mc Group PCL ranks better than 88.32% 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. Mc Group PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿705 Mil. Mc Group PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿3,621 Mil. Therefore, Mc Group PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.47%.
The historical rank and industry rank for Mc Group PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:MC-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.43 Med: 19.1 Max: 29.32
Current: 21.26
During the past 13 years, Mc Group PCL's highest Return-on-Tangible-Equity was 29.32%. The lowest was 8.43%. And the median was 19.10%.
BKK:MC-R's Return-on-Tangible-Equity is ranked better than 88.32% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.48
vs BKK:MC-R: 21.26
Mc Group PCL (BKK:MC-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.
Mc Group PCL Return-on-Tangible-Equity Related Terms
Mc Group PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for Mc Group 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:MC-R vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Mc Group 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.
Mc Group PCL Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mc Group PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mc Group 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 19.47% mean?
Mc Group PCL (BKK:MC-R) has a Return-on-Tangible-Equity of 19.47% 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 Mc Group PCL and its competitors. This is near median its historical median of 19.10. Over the past decade, Mc Group PCL's Return-on-Tangible-Equity has ranged from 8.43 to 29.32. According to the industry distribution chart, Mc Group PCL ranks #119 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 11.7%.
Is Mc Group PCL's Return-on-Tangible-Equity too high?
Mc Group PCL's current Return-on-Tangible-Equity of 19.47% is near median its 10-year median of 19.10. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 29.32. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.48. Mc Group PCL's value of 19.47% is 334.6% above this industry median. Based on the distribution chart, Mc Group PCL ranks #119 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mc Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Mc Group PCL's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mc Group PCL ranks #119 out of 1019 companies for Return-on-Tangible-Equity. This places Mc Group PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.48. Mc Group PCL's value of 19.47% is 334.6% above this benchmark. Historically, Mc Group PCL's own Return-on-Tangible-Equity has ranged from 8.43 to 29.32 over the past decade. While the company's 10-year median is 19.10 vs. the industry median of 4.48, Mc Group 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.48, based on 1,019 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. Mc Group PCL's current Return-on-Tangible-Equity of 19.47% is 334.6% 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 Mc Group PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mc Group PCL's current Return-on-Tangible-Equity is 19.47%, which is near median its own 10-year median of 19.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mc Group PCL stock overvalued right now?
Mc Group PCL (BKK:MC-R) has a current Return-on-Tangible-Equity of 19.47%. The stock's GF Value™ is ฿11.62, compared to a current price of ฿10.64 — trading 8.4% below its estimated fair value. The current Return-on-Tangible-Equity is 19.47%, which is near median its 10-year median of 19.10 and 334.6% above the Manufacturing - Apparel & Accessories industry median of 4.48. Mc Group PCL's overall GF Score™ is 94/100 with 3 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 Mc Group PCL (BKK:MC-R), the current Return-on-Tangible-Equity is 19.47% 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 Mc Group PCL (BKK:MC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Mc Group PCL stock appears to be undervalued.
The current stock price of ฿10.64 is trading 8.4% below its estimated GF Value™ of ฿11.62.
Key valuation signals for BKK:MC-R:
Return-on-Tangible-Equity: 19.47% (near median its 10-year median of 19.10)
GF Value™: ฿11.62 vs. price of ฿10.64 (8.4% below fair value)
Industry Position: 334.6% above the Manufacturing - Apparel & Accessories median (#119 of 1019)
No single metric tells the full story. See the BKK:MC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mc Group PCL is a Thailand-based company engaged in the manufacturing and distribution of apparel. Its only operating segment is clothing and accessories. Geographically, all the business operations function only through Thailand. Its Brand includes the MC brand.
94GF Score
Get the complete analysis for BKK:MC-R
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