P.C.S. Machine Group Holding PCL (BKK:PCSGH) Return-on-Tangible-Equity: 9.81% (As of Mar. 2026) — Near 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:PCSGH P.C.S. Machine Group Holding PCL BKK:PCSGH
64 GF Score
Price ฿3.06
GF Value ฿3.52
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is P.C.S. Machine Group Holding PCL Return-on-Tangible-Equity?

P.C.S. Machine Group Holding PCL BKK:PCSGH 64 Return-on-Tangible-Equity is 9.81% as of Mar. 2026, which is 9% below its 10-year median of 10.73. GuruFocus rates BKK:PCSGH with a GF Score™ of 64/100 and a GF Value™ of ฿3.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,282 Vehicles & Parts companies, P.C.S. Machine Group Holding PCL ranks better than 57.1% 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. P.C.S. Machine Group Holding PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿499 Mil. P.C.S. Machine Group Holding PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿5,091 Mil. Therefore, P.C.S. Machine Group Holding PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.81%.

The historical rank and industry rank for P.C.S. Machine Group Holding PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:PCSGH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.54   Med: 10.73   Max: 14.86
Current: 9.43

During the past 13 years, P.C.S. Machine Group Holding PCL's highest Return-on-Tangible-Equity was 14.86%. The lowest was 1.54%. And the median was 10.73%.

BKK:PCSGH's Return-on-Tangible-Equity is ranked better than
57.1% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 7.545 vs BKK:PCSGH: 9.43

P.C.S. Machine Group Holding PCL  (BKK:PCSGH) 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.


P.C.S. Machine Group Holding PCL Return-on-Tangible-Equity Related Terms


P.C.S. Machine Group Holding PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding PCL Return-on-Tangible-Equity Chart

P.C.S. Machine Group Holding PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.79 14.01 14.86 12.40 10.66

P.C.S. Machine Group Holding PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.28 9.02 10.67 8.56 9.81

BKK:PCSGH vs ORLY, AZO: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, P.C.S. Machine Group Holding 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.


P.C.S. Machine Group Holding PCL Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, P.C.S. Machine Group Holding PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where P.C.S. Machine Group Holding PCL's Return-on-Tangible-Equity falls into.


BKK:PCSGH
64GF Score
P.C.S. Machine Group Holding PCL BKK:PCSGH
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

P.C.S. Machine Group Holding PCL Return-on-Tangible-Equity Calculation

P.C.S. Machine Group Holding PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=544.339/( (5179.553+5028.712 )/ 2 )
=544.339/5104.1325
=10.66 %

P.C.S. Machine Group Holding PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=499.328/( (5028.712+5152.781)/ 2 )
=499.328/5090.7465
=9.81 %

* 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 9.81% mean?
P.C.S. Machine Group Holding PCL (BKK:PCSGH) has a Return-on-Tangible-Equity of 9.81% 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 P.C.S. Machine Group Holding PCL and its competitors. This is near median its historical median of 10.73. Over the past decade, P.C.S. Machine Group Holding PCL's Return-on-Tangible-Equity has ranged from 1.54 to 14.86. According to the industry distribution chart, P.C.S. Machine Group Holding PCL ranks #550 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 42.9%.
Is P.C.S. Machine Group Holding PCL's Return-on-Tangible-Equity too high?
P.C.S. Machine Group Holding PCL's current Return-on-Tangible-Equity of 9.81% is near median its 10-year median of 10.73. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 14.86. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.55. P.C.S. Machine Group Holding PCL's value of 9.81% is 30% above this industry median. Based on the distribution chart, P.C.S. Machine Group Holding PCL ranks #550 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, P.C.S. Machine Group Holding PCL has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does P.C.S. Machine Group Holding PCL's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, P.C.S. Machine Group Holding PCL ranks #550 out of 1282 companies for Return-on-Tangible-Equity. This puts P.C.S. Machine Group Holding PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.55. P.C.S. Machine Group Holding PCL's value of 9.81% is 30% above this benchmark. Historically, P.C.S. Machine Group Holding PCL's own Return-on-Tangible-Equity has ranged from 1.54 to 14.86 over the past decade. While the company's 10-year median is 10.73 vs. the industry median of 7.55, P.C.S. Machine Group Holding 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.55, based on 1,282 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. P.C.S. Machine Group Holding PCL's current Return-on-Tangible-Equity of 9.81% is 30% 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 P.C.S. Machine Group Holding PCL and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P.C.S. Machine Group Holding PCL's current Return-on-Tangible-Equity is 9.81%, which is near median its own 10-year median of 10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P.C.S. Machine Group Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, P.C.S. Machine Group Holding PCL (BKK:PCSGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.52, compared to a current price of ฿3.06 — trading 13.1% below its estimated fair value. The current Return-on-Tangible-Equity is 9.81%, which is near median its 10-year median of 10.73 and 30% above the Vehicles & Parts industry median of 7.55. P.C.S. Machine Group Holding PCL's overall GF Score™ is 64/100 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 P.C.S. Machine Group Holding PCL (BKK:PCSGH), the current Return-on-Tangible-Equity is 9.81% 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 P.C.S. Machine Group Holding PCL (BKK:PCSGH) Overvalued in 2026?

Based on GuruFocus' analysis, P.C.S. Machine Group Holding PCL stock appears to be undervalued. The current stock price of ฿3.06 is trading 13.1% below its estimated GF Value™ of ฿3.52. GuruFocus considers P.C.S. Machine Group Holding PCL to be Modestly Undervalued.

Key valuation signals for BKK:PCSGH:

  • Return-on-Tangible-Equity: 9.81% (near median its 10-year median of 10.73)
  • GF Value™: ฿3.52 vs. price of ฿3.06 (13.1% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 30% above the Vehicles & Parts median (#550 of 1282)

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


P.C.S. Machine Group Holding PCL Business Description

Address 2/1-9 Moo 3, Khok Kruat, Mueang Nakhorn Ratchasima, Nakhon Ratchasima, THA, 30280
P.C.S. Machine Group Holding PCL is a Thailand-based auto parts manufacturer. It is engaged in the manufacture and sale of automotive parts. The group through its subsidiary manufactures engine parts, transmission parts, final drive parts such as camshaft, common rail, gear, and shaft. It also manufactures die casting parts like high-pressure die-casting, vacuum casting, and other aluminum machining parts through its die-casting subsidiary. The company has two reportable segments Asia segment and Europe segment. Majority of its revenue is generated from Asia segment.
64GF Score

Get the complete analysis for BKK:PCSGH

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

฿3.06
Price
฿3.52
GF Value