Muramoto Electron (Thailand) PCL (BKK:METCO) Return-on-Tangible-Equity: 9.94% (As of Jun. 2026) — 114% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:METCO Muramoto Electron (Thailand) PCL BKK:METCO
65 GF Score
Price ฿299.00
GF Value ฿205.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Muramoto Electron (Thailand) PCL Return-on-Tangible-Equity?

Muramoto Electron (Thailand) PCL BKK:METCO +1.01% 65 Return-on-Tangible-Equity is 9.94% as of Jun. 2026, which is 114% above its 10-year median of 4.64. GuruFocus rates BKK:METCO with a GF Score™ of 65/100 and a GF Value™ of ฿205.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Muramoto Electron (Thailand) PCL ranks better than 78.77% 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. Muramoto Electron (Thailand) PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿721 Mil. Muramoto Electron (Thailand) PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ฿7,251 Mil. Therefore, Muramoto Electron (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 9.94%.

The historical rank and industry rank for Muramoto Electron (Thailand) PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:METCO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.48   Med: 4.64   Max: 16.27
Current: 16.12

During the past 13 years, Muramoto Electron (Thailand) PCL's highest Return-on-Tangible-Equity was 16.27%. The lowest was -3.48%. And the median was 4.64%.

BKK:METCO's Return-on-Tangible-Equity is ranked better than
78.77% of 2383 companies
in the Hardware industry
Industry Median: 6 vs BKK:METCO: 16.12

Muramoto Electron (Thailand) PCL  (BKK:METCO) 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.


Muramoto Electron (Thailand) PCL Return-on-Tangible-Equity Related Terms


Muramoto Electron (Thailand) PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Muramoto Electron (Thailand) 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.

Muramoto Electron (Thailand) PCL Return-on-Tangible-Equity Chart

Muramoto Electron (Thailand) PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.19 11.43 3.85 4.71 16.27

Muramoto Electron (Thailand) PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.98 18.81 18.48 12.76 9.94

BKK:METCO vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison

For the Electronic Components subindustry, Muramoto Electron (Thailand) 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.


Muramoto Electron (Thailand) PCL Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Muramoto Electron (Thailand) PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Muramoto Electron (Thailand) PCL's Return-on-Tangible-Equity falls into.


BKK:METCO
65GF Score
Muramoto Electron (Thailand) PCL BKK:METCO
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muramoto Electron (Thailand) PCL Return-on-Tangible-Equity Calculation

Muramoto Electron (Thailand) PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=1099.936/( (6309.787+7209.762 )/ 2 )
=1099.936/6759.7745
=16.27 %

Muramoto Electron (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=720.972/( (7160.582+7342.314)/ 2 )
=720.972/7251.448
=9.94 %

* 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 9.94% mean?
Muramoto Electron (Thailand) PCL (BKK:METCO) has a Return-on-Tangible-Equity of 9.94% 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 Muramoto Electron (Thailand) PCL and its competitors. This is 114% above median its historical median of 4.64. According to the industry distribution chart, Muramoto Electron (Thailand) PCL ranks #506 out of 2383 companies in the Hardware industry, placing it in the top 21.2%.
Is Muramoto Electron (Thailand) PCL's Return-on-Tangible-Equity too high?
Muramoto Electron (Thailand) PCL's current Return-on-Tangible-Equity of 9.94% is 114% above median its 10-year median of 4.64. The Hardware industry median Return-on-Tangible-Equity is 6.00. Muramoto Electron (Thailand) PCL's value of 9.94% is 65.7% above this industry median. Based on the distribution chart, Muramoto Electron (Thailand) PCL ranks #506 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Muramoto Electron (Thailand) PCL has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Muramoto Electron (Thailand) PCL's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Muramoto Electron (Thailand) PCL ranks #506 out of 2383 companies for Return-on-Tangible-Equity. This places Muramoto Electron (Thailand) PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.00. Muramoto Electron (Thailand) PCL's value of 9.94% is 65.7% above this benchmark. While the company's 10-year median is 4.64 vs. the industry median of 6.00, Muramoto Electron (Thailand) 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 6.00, based on 2,383 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. Muramoto Electron (Thailand) PCL's current Return-on-Tangible-Equity of 9.94% is 65.7% 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 Muramoto Electron (Thailand) PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muramoto Electron (Thailand) PCL's current Return-on-Tangible-Equity is 9.94%, which is 114% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muramoto Electron (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Muramoto Electron (Thailand) PCL (BKK:METCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿205.01, compared to a current price of ฿299.00 — trading 45.8% above its estimated fair value. The current Return-on-Tangible-Equity is 9.94%, which is 114% above median its 10-year median of 4.64 and 65.7% above the Hardware industry median of 6.00. Muramoto Electron (Thailand) PCL's overall GF Score™ is 65/100 with 4 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 Muramoto Electron (Thailand) PCL (BKK:METCO), the current Return-on-Tangible-Equity is 9.94% 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 Muramoto Electron (Thailand) PCL (BKK:METCO) Overvalued in 2026?

Based on GuruFocus' analysis, Muramoto Electron (Thailand) PCL stock appears to be overvalued. The current stock price of ฿299.00 is trading 45.8% above its estimated GF Value™ of ฿205.01. GuruFocus considers Muramoto Electron (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:METCO:

  • Return-on-Tangible-Equity: 9.94% (114% above median its 10-year median of 4.64)
  • GF Value™: ฿205.01 vs. price of ฿299.00 (45.8% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 65.7% above the Hardware median (#506 of 2383)

No single metric tells the full story. See the BKK:METCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Muramoto Electron (Thailand) PCL Business Description

Address No. 886 Ramindhra Road, Khwaeng Kannayao, Khet Kannayao, Bangkok, THA, 10230
Muramoto Electron (Thailand) PCL is engaged in the manufacturing of metal and plastic parts for audio-visual equipment and electronic equipment for automobiles and office automation appliances. The company operates in various business segments that are Electric Parts for Automotive Business, Electronic Parts for Office Automation Business, and Other Business. Its geographical segments include Thailand, Japan, the United States, and Others. Substantial revenue comes from electronic parts for office automation.
65GF Score

Get the complete analysis for BKK:METCO

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿299.00
Price
฿205.01
GF Value