Singer Thailand PCLBKK:SINGER-W2-R 67 Return-on-Tangible-Equity is 4.31% as of Mar. 2026, which is 31% above its 10-year median of 3.29. GuruFocus rates BKK:SINGER-W2-R with a GF Score™ of 67/100. The stock has 5 warning signs investors should review. Among 525 Credit Services companies, Singer Thailand PCL ranks worse than 68.76% 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. Singer Thailand PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿571.77 Mil. Singer Thailand PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿13,277.91 Mil. Therefore, Singer Thailand PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.31%.
The historical rank and industry rank for Singer Thailand PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SINGER-W2-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.41 Med: 3.29 Max: 17.54
Current: 2.08
During the past 13 years, Singer Thailand PCL's highest Return-on-Tangible-Equity was 17.54%. The lowest was -20.41%. And the median was 3.29%.
BKK:SINGER-W2-R's Return-on-Tangible-Equity is ranked worse than 68.76% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs BKK:SINGER-W2-R: 2.08
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.
Singer Thailand PCL Return-on-Tangible-Equity Related Terms
Singer Thailand PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Singer Thailand 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:SINGER-W2-R vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Singer Thailand 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.
Singer Thailand PCL Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Singer Thailand PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Singer Thailand 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 4.31% mean?
Singer Thailand PCL (BKK:SINGER-W2-R) has a Return-on-Tangible-Equity of 4.31% 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 Singer Thailand PCL and its competitors. This is 31% above median its historical median of 3.29. According to the industry distribution chart, Singer Thailand PCL ranks #361 out of 525 companies in the Credit Services industry, placing it in the top 68.8%.
Is Singer Thailand PCL's Return-on-Tangible-Equity too high?
Singer Thailand PCL's current Return-on-Tangible-Equity of 4.31% is 31% above median its 10-year median of 3.29. The Credit Services industry median Return-on-Tangible-Equity is 7.01. Singer Thailand PCL's value of 4.31% is 38.5% below this industry median. Based on the distribution chart, Singer Thailand PCL ranks #361 out of 525 companies in the Credit Services industry, which is below the industry midpoint. Overall, Singer Thailand PCL has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Singer Thailand PCL's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Singer Thailand PCL ranks #361 out of 525 companies for Return-on-Tangible-Equity. This places Singer Thailand PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Singer Thailand PCL's value of 4.31% is 38.5% below this benchmark. While the company's 10-year median is 3.29 vs. the industry median of 7.01, Singer Thailand 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 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. Singer Thailand PCL's current Return-on-Tangible-Equity of 4.31% is 38.5% 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 Singer Thailand 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. Singer Thailand PCL's current Return-on-Tangible-Equity is 4.31%, which is 31% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singer Thailand PCL stock overvalued right now?
Singer Thailand PCL (BKK:SINGER-W2-R) has a current Return-on-Tangible-Equity of 4.31%. The current Return-on-Tangible-Equity is 4.31%, which is 31% above median its 10-year median of 3.29 and 38.5% below the Credit Services industry median of 7.01. Singer Thailand PCL's overall GF Score™ is 67/100 with 5 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 Singer Thailand PCL (BKK:SINGER-W2-R), the current Return-on-Tangible-Equity is 4.31% 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.
Singer Thailand PCL activities include trade sales and hire-purchase of electronic appliances, commercial products, mobile phones, hire-purchase of vehicles, loan receivables with vehicle collateral, repair and maintenance services of electronic appliances, and providing life and non-life insurance brokerage. The Company distributes products under the Singer brand, including sewing machines and home electrical appliances, and also distributes commercial appliances, vending machines, and mobile telephone products and accessories. The Company operates through three segments: Trade sales, Hire purchase and loans, which generate maximum revenue; and Service and others. The Group is managed and operates principally in Thailand.
67GF Score
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