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Nforce Secure PCL (BKK:SECURE-R) Return-on-Tangible-Equity : 15.90% (As of Mar. 2025)


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What is Nforce Secure 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. Nforce Secure PCL's annualized net income for the quarter that ended in Mar. 2025 was ฿117 Mil. Nforce Secure PCL's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ฿733 Mil. Therefore, Nforce Secure PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 15.90%.

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

BKK:SECURE-R' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.3   Med: 16.64   Max: 20.91
Current: 14.7

During the past 5 years, Nforce Secure PCL's highest Return-on-Tangible-Equity was 20.91%. The lowest was 9.30%. And the median was 16.64%.

BKK:SECURE-R's Return-on-Tangible-Equity is ranked better than
61.9% of 2407 companies
in the Software industry
Industry Median: 7.69 vs BKK:SECURE-R: 14.70

Nforce Secure PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Nforce Secure 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.

Nforce Secure PCL Return-on-Tangible-Equity Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
20.91 17.84 9.30 14.31 16.64

Nforce Secure PCL Quarterly Data
Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 23.64 10.04 6.10 26.98 15.90

Competitive Comparison of Nforce Secure PCL's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Nforce Secure 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.


Nforce Secure PCL's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Nforce Secure PCL's Return-on-Tangible-Equity distribution charts can be found below:

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


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Nforce Secure PCL Return-on-Tangible-Equity Calculation

Nforce Secure PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=115.601/( (670.885+718.161 )/ 2 )
=115.601/694.523
=16.64 %

Nforce Secure PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=116.528/( (718.161+747.534)/ 2 )
=116.528/732.8475
=15.90 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Nforce Secure PCL  (BKK:SECURE-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.


Nforce Secure PCL Return-on-Tangible-Equity Related Terms

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Nforce Secure PCL Business Description

Traded in Other Exchanges
Address
Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of Cybersecurity Solution Products. The company sells computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management and provides service for business consulting, risk assessment, planning and training. It operates and manages a single operating segment which are selling computer equipment software on network communication and providing related services and generates revenue from the same.

Nforce Secure PCL Headlines

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