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Pioneer Motor PCLBKK:PIMO-R 70 Return-on-Tangible-Equity is 10.20% as of Jun. 2026, which is 9% above its 10-year median of 9.34. GuruFocus rates BKK:PIMO-R with a GF Score™ of 70/100 and a GF Value™ of ฿1.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,983 Industrial Products companies, Pioneer Motor PCL ranks better than 58.87% 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. Pioneer Motor PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿115 Mil. Pioneer Motor PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ฿1,125 Mil. Therefore, Pioneer Motor PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 10.20%.
The historical rank and industry rank for Pioneer Motor PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PIMO-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.23 Med: 9.34 Max: 17.3
Current: 9.22
During the past 12 years, Pioneer Motor PCL's highest Return-on-Tangible-Equity was 17.30%. The lowest was 5.23%. And the median was 9.34%.
BKK:PIMO-R's Return-on-Tangible-Equity is ranked better than 58.87% of 2983
companies
in the Industrial Products industry
Industry Median: 7.15
vs BKK:PIMO-R: 9.22
Pioneer Motor PCL (BKK:PIMO-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.
Pioneer Motor PCL Return-on-Tangible-Equity Related Terms
Pioneer Motor PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pioneer Motor 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:PIMO-R vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Pioneer Motor 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.
Pioneer Motor PCL Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pioneer Motor PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pioneer Motor 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 (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 10.20% mean?
Pioneer Motor PCL (BKK:PIMO-R) has a Return-on-Tangible-Equity of 10.20% 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 Pioneer Motor PCL and its competitors. This is near median its historical median of 9.34. Over the past decade, Pioneer Motor PCL's Return-on-Tangible-Equity has ranged from 5.23 to 17.30. According to the industry distribution chart, Pioneer Motor PCL ranks #1227 out of 2983 companies in the Industrial Products industry, placing it in the top 41.1%.
Is Pioneer Motor PCL's Return-on-Tangible-Equity too high?
Pioneer Motor PCL's current Return-on-Tangible-Equity of 10.20% is near median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 17.30. The Industrial Products industry median Return-on-Tangible-Equity is 7.15. Pioneer Motor PCL's value of 10.20% is 42.7% above this industry median. Based on the distribution chart, Pioneer Motor PCL ranks #1227 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pioneer Motor PCL has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Motor PCL's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pioneer Motor PCL ranks #1227 out of 2983 companies for Return-on-Tangible-Equity. This puts Pioneer Motor PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.15. Pioneer Motor PCL's value of 10.20% is 42.7% above this benchmark. Historically, Pioneer Motor PCL's own Return-on-Tangible-Equity has ranged from 5.23 to 17.30 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 7.15, Pioneer Motor 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.15, based on 2,983 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. Pioneer Motor PCL's current Return-on-Tangible-Equity of 10.20% is 42.7% 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 Pioneer Motor PCL and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Motor PCL's current Return-on-Tangible-Equity is 10.20%, which is near median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Motor PCL stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Motor PCL (BKK:PIMO-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.06, compared to a current price of ฿1.40 — trading 32% above its estimated fair value. The current Return-on-Tangible-Equity is 10.20%, which is near median its 10-year median of 9.34 and 42.7% above the Industrial Products industry median of 7.15. Pioneer Motor PCL's overall GF Score™ is 70/100 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 Pioneer Motor PCL (BKK:PIMO-R), the current Return-on-Tangible-Equity is 10.20% 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 Pioneer Motor PCL (BKK:PIMO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Motor PCL stock appears to be overvalued.
The current stock price of ฿1.40 is trading 32% above its estimated GF Value™ of ฿1.06.
GuruFocus considers Pioneer Motor PCL to be Significantly Overvalued.
Key valuation signals for BKK:PIMO-R:
Return-on-Tangible-Equity: 10.20% (near median its 10-year median of 9.34)
GF Value™: ฿1.06 vs. price of ฿1.40 (32% above fair value)
Industry Position: 42.7% above the Industrial Products median (#1227 of 2983)
No single metric tells the full story. See the BKK:PIMO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pioneer Motor PCL is engaged in manufacturing and supplying various motor products. The company's products include air conditioner electric motors, general-purpose industrial motors, single and three-phase induction motors, pool and spa pump motors, as well as submersible dewatering and submersible sewage pumps. It distributes its products according to orders by electric appliance manufacturers. It also exports and sells its products to international customers.
70GF Score
Get the complete analysis for BKK:PIMO-R
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