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SG Capital PCLBKK:SGC +3.95%46 Return-on-Tangible-Equity is 9.42% as of Mar. 2026, which is 11% below its 10-year median of 10.61. GuruFocus rates BKK:SGC with a GF Score™ of 46/100 and a GF Value™ of ฿0.93 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 525 Credit Services companies, SG Capital PCL ranks worse than 50.1% 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. SG Capital PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿705 Mil. SG Capital PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿7,483 Mil. Therefore, SG Capital PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.42%.
The historical rank and industry rank for SG Capital PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SGC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.4 Med: 10.61 Max: 68.16
Current: 7.01
During the past 7 years, SG Capital PCL's highest Return-on-Tangible-Equity was 68.16%. The lowest was -51.40%. And the median was 10.61%.
BKK:SGC's Return-on-Tangible-Equity is ranked worse than 50.1% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs BKK:SGC: 7.01
SG Capital PCL (BKK:SGC) 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.
SG Capital PCL Return-on-Tangible-Equity Related Terms
SG Capital PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SG Capital 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:SGC vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, SG Capital 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.
SG Capital PCL Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SG Capital PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SG Capital 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 9.42% mean?
SG Capital PCL (BKK:SGC) has a Return-on-Tangible-Equity of 9.42% 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 SG Capital PCL and its competitors. This is 11% below median its historical median of 10.61. According to the industry distribution chart, SG Capital PCL ranks #263 out of 525 companies in the Credit Services industry, placing it in the top 50.1%.
Is SG Capital PCL's Return-on-Tangible-Equity too high?
SG Capital PCL's current Return-on-Tangible-Equity of 9.42% is 11% below median its 10-year median of 10.61. The Credit Services industry median Return-on-Tangible-Equity is 7.01. SG Capital PCL's value of 9.42% is 34.4% above this industry median. Based on the distribution chart, SG Capital PCL ranks #263 out of 525 companies in the Credit Services industry, which is below the industry midpoint. Overall, SG Capital PCL has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Capital PCL's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, SG Capital PCL ranks #263 out of 525 companies for Return-on-Tangible-Equity. This places SG Capital PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. SG Capital PCL's value of 9.42% is 34.4% above this benchmark. While the company's 10-year median is 10.61 vs. the industry median of 7.01, SG Capital 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.01, based on 525 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. SG Capital PCL's current Return-on-Tangible-Equity of 9.42% is 34.4% 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 SG Capital PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Capital PCL's current Return-on-Tangible-Equity is 9.42%, which is 11% below median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, SG Capital PCL (BKK:SGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.93, compared to a current price of ฿1.84 — trading 97.8% above its estimated fair value. The current Return-on-Tangible-Equity is 9.42%, which is 11% below median its 10-year median of 10.61 and 34.4% above the Credit Services industry median of 7.01. SG Capital PCL's overall GF Score™ is 46/100 with 7 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 SG Capital PCL (BKK:SGC), the current Return-on-Tangible-Equity is 9.42% 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 SG Capital PCL (BKK:SGC) Overvalued in 2026?
Based on GuruFocus' analysis, SG Capital PCL stock appears to be overvalued.
The current stock price of ฿1.84 is trading 97.8% above its estimated GF Value™ of ฿0.93.
GuruFocus considers SG Capital PCL to be Significantly Overvalued.
Key valuation signals for BKK:SGC:
Return-on-Tangible-Equity: 9.42% (11% below median its 10-year median of 10.61)
GF Value™: ฿0.93 vs. price of ฿1.84 (97.8% above fair value)
Industry Position: 34.4% above the Credit Services median (#263 of 525)
No single metric tells the full story. See the BKK:SGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SG Capital PCL is engaged in providing financial services to non-financial institutions. It involves sales by hire purchase contracts of electrical appliances, commercial product, mobile phones and vehicles, and loan receivables and others. The company offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.
46GF Score
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