Qualitech PCLBKK:QLT +1.71%59 Return-on-Tangible-Equity is 0.98% as of Mar. 2026, which is 70% below its 10-year median of 3.22. GuruFocus rates BKK:QLT with a GF Score™ of 59/100 and a GF Value™ of ฿2.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,009 Business Services companies, Qualitech PCL ranks worse than 73.74% 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. Qualitech PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿2.6 Mil. Qualitech PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿265.8 Mil. Therefore, Qualitech PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.98%.
The historical rank and industry rank for Qualitech PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:QLT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.35 Med: 3.22 Max: 11.44
Current: 2.21
During the past 13 years, Qualitech PCL's highest Return-on-Tangible-Equity was 11.44%. The lowest was -39.35%. And the median was 3.22%.
BKK:QLT's Return-on-Tangible-Equity is ranked worse than 73.74% of 1009
companies
in the Business Services industry
Industry Median: 10.56
vs BKK:QLT: 2.21
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.
Qualitech PCL Return-on-Tangible-Equity Related Terms
Qualitech PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Qualitech 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:QLT vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Qualitech 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.
Qualitech PCL Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Qualitech PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Qualitech 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 0.98% mean?
Qualitech PCL (BKK:QLT) has a Return-on-Tangible-Equity of 0.98% 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 Qualitech PCL and its competitors. This is 70% below median its historical median of 3.22. According to the industry distribution chart, Qualitech PCL ranks #744 out of 1009 companies in the Business Services industry, placing it in the top 73.7%.
Is Qualitech PCL's Return-on-Tangible-Equity too high?
Qualitech PCL's current Return-on-Tangible-Equity of 0.98% is 70% below median its 10-year median of 3.22. The Business Services industry median Return-on-Tangible-Equity is 10.56. Qualitech PCL's value of 0.98% is 90.7% below this industry median. Based on the distribution chart, Qualitech PCL ranks #744 out of 1009 companies in the Business Services industry, which is below the industry midpoint. Overall, Qualitech PCL has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Qualitech PCL ranks #744 out of 1009 companies for Return-on-Tangible-Equity. This places Qualitech PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.56. Qualitech PCL's value of 0.98% is 90.7% below this benchmark. While the company's 10-year median is 3.22 vs. the industry median of 10.56, Qualitech PCL has consistently been below 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, based on 1,009 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. Qualitech PCL's current Return-on-Tangible-Equity of 0.98% is 90.7% below 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 Qualitech PCL and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitech PCL's current Return-on-Tangible-Equity is 0.98%, which is 70% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.29, compared to a current price of ฿1.78 — trading 22.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.98%, which is 70% below median its 10-year median of 3.22 and 90.7% below the Business Services industry median of 10.56. Qualitech PCL's overall GF Score™ is 59/100 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 Qualitech PCL (BKK:QLT), the current Return-on-Tangible-Equity is 0.98% 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 Qualitech PCL (BKK:QLT) Overvalued in 2026?
Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued.
The current stock price of ฿1.78 is trading 22.3% below its estimated GF Value™ of ฿2.29.
GuruFocus considers Qualitech PCL to be Modestly Undervalued.
Key valuation signals for BKK:QLT:
Return-on-Tangible-Equity: 0.98% (70% below median its 10-year median of 3.22)
GF Value™: ฿2.29 vs. price of ฿1.78 (22.3% below fair value)
Industry Position: 90.7% below the Business Services median (#744 of 1009)
No single metric tells the full story. See the BKK:QLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
59GF Score
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