Siam Cement PCLBKK:SCC-R 77 Return-on-Tangible-Equity is 8.81% as of Mar. 2026, which is 34% below its 10-year median of 13.36. GuruFocus rates BKK:SCC-R with a GF Score™ of 77/100 and a GF Value™ of ฿176.27. The stock has 9 warning signs investors should review. Among 546 Conglomerates companies, Siam Cement PCL ranks worse than 53.85% 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. Siam Cement PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿24,892 Mil. Siam Cement PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿282,392 Mil. Therefore, Siam Cement PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.81%.
The historical rank and industry rank for Siam Cement PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SCC-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.18 Med: 13.36 Max: 27.59
Current: 6.7
During the past 13 years, Siam Cement PCL's highest Return-on-Tangible-Equity was 27.59%. The lowest was 2.18%. And the median was 13.36%.
BKK:SCC-R's Return-on-Tangible-Equity is ranked worse than 53.85% of 546
companies
in the Conglomerates industry
Industry Median: 7.38
vs BKK:SCC-R: 6.70
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.
Siam Cement PCL Return-on-Tangible-Equity Related Terms
Siam Cement PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Siam Cement 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:SCC-R vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Siam Cement 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.
Siam Cement PCL Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Siam Cement PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Siam Cement 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 8.81% mean?
Siam Cement PCL (BKK:SCC-R) has a Return-on-Tangible-Equity of 8.81% 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 Siam Cement PCL and its competitors. This is 34% below median its historical median of 13.36. Over the past decade, Siam Cement PCL's Return-on-Tangible-Equity has ranged from 2.18 to 27.59. According to the industry distribution chart, Siam Cement PCL ranks #294 out of 546 companies in the Conglomerates industry, placing it in the top 53.8%.
Is Siam Cement PCL's Return-on-Tangible-Equity too high?
Siam Cement PCL's current Return-on-Tangible-Equity of 8.81% is 34% below median its 10-year median of 13.36. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 27.59. The Conglomerates industry median Return-on-Tangible-Equity is 7.38. Siam Cement PCL's value of 8.81% is 19.4% above this industry median. Based on the distribution chart, Siam Cement PCL ranks #294 out of 546 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Siam Cement PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Siam Cement PCL's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Siam Cement PCL ranks #294 out of 546 companies for Return-on-Tangible-Equity. This places Siam Cement PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.38. Siam Cement PCL's value of 8.81% is 19.4% above this benchmark. Historically, Siam Cement PCL's own Return-on-Tangible-Equity has ranged from 2.18 to 27.59 over the past decade. While the company's 10-year median is 13.36 vs. the industry median of 7.38, Siam Cement 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.38, based on 546 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. Siam Cement PCL's current Return-on-Tangible-Equity of 8.81% is 19.4% 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 Siam Cement PCL and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Cement PCL's current Return-on-Tangible-Equity is 8.81%, which is 34% below median its own 10-year median of 13.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Cement PCL stock overvalued right now?
Siam Cement PCL (BKK:SCC-R) has a current Return-on-Tangible-Equity of 8.81%. The stock's GF Value™ is ฿176.27, compared to a current price of ฿191.00 — trading 8.4% above its estimated fair value. The current Return-on-Tangible-Equity is 8.81%, which is 34% below median its 10-year median of 13.36 and 19.4% above the Conglomerates industry median of 7.38. Siam Cement PCL's overall GF Score™ is 77/100 with 9 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 Siam Cement PCL (BKK:SCC-R), the current Return-on-Tangible-Equity is 8.81% 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 Siam Cement PCL (BKK:SCC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Cement PCL stock appears to be overvalued.
The current stock price of ฿191.00 is trading 8.4% above its estimated GF Value™ of ฿176.27.
Key valuation signals for BKK:SCC-R:
Return-on-Tangible-Equity: 8.81% (34% below median its 10-year median of 13.36)
GF Value™: ฿176.27 vs. price of ฿191.00 (8.4% above fair value)
Industry Position: 19.4% above the Conglomerates median (#294 of 546)
No single metric tells the full story. See the BKK:SCC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Cement PCL is a holding company which manufactures and sells a variety of building materials, chemicals, and packaging products. Its segment includes SCG Cement and Green Solutions Business, SCG Smart Living Business and SCG Distribution and Retail Business, SCG Decor (SCGD), Chemicals Business (SCGC), SCGP and Others. Its geographic segments include Thailand, Vietnam, Indonesia, and Others. It generates the majority of its revenue from Thailand.
77GF Score
Get the complete analysis for BKK:SCC-R
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