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SCG Decor PCL (BKK:SCGD-F) Return-on-Tangible-Equity : 7.25% (As of Mar. 2024)


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What is SCG Decor PCL Return-on-Tangible-Equity?

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. SCG Decor PCL's annualized net income for the quarter that ended in Mar. 2024 was ฿1,029 Mil. SCG Decor PCL's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿14,196 Mil. Therefore, SCG Decor PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 7.25%.

The historical rank and industry rank for SCG Decor PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:SCGD-F' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.34   Med: 1.22   Max: 4.85
Current: 4.85

During the past 3 years, SCG Decor PCL's highest Return-on-Tangible-Equity was 4.85%. The lowest was -2.34%. And the median was 1.22%.

BKK:SCGD-F's Return-on-Tangible-Equity is ranked worse than
59.52% of 373 companies
in the Building Materials industry
Industry Median: 7.03 vs BKK:SCGD-F: 4.85

SCG Decor PCL Return-on-Tangible-Equity Historical Data

The historical data trend for SCG Decor 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.

* Premium members only.

SCG Decor PCL Return-on-Tangible-Equity Chart

SCG Decor PCL Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
1.22 -2.34 2.78

SCG Decor PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial -40.46 -7.56 8.55 4.75 7.25

Competitive Comparison of SCG Decor PCL's Return-on-Tangible-Equity

For the Building Materials subindustry, SCG Decor 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.


SCG Decor PCL's Return-on-Tangible-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, SCG Decor PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SCG Decor PCL's Return-on-Tangible-Equity falls into.



SCG Decor PCL Return-on-Tangible-Equity Calculation

SCG Decor PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=327.745/( (9652.41+13899.448 )/ 2 )
=327.745/11775.929
=2.78 %

SCG Decor PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1029.476/( (13899.448+14491.782)/ 2 )
=1029.476/14195.615
=7.25 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SCG Decor PCL  (BKK:SCGD-F) 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.


SCG Decor PCL Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of SCG Decor PCL's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


SCG Decor PCL (BKK:SCGD-F) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1 Siam Cement Road, Bang Sue Subdistrict, Bangkok, THA
SCG Decor PCL operates as a holding company in which its subsidiaries and associates operate business as manufacturers of Floor tiles and wall tiles in Thailand and other countries such as Vietnam, It consists of two segments namely Decor Surfaces Business, which derives the maximum revenue and Bathroom Business. Geographically, it generates majority revenue from Thailand.

SCG Decor PCL (BKK:SCGD-F) Headlines

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