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 Steel Service Center PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿239 Mil. Siam Steel Service Center PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿3,394 Mil. Therefore, Siam Steel Service Center PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.03%.
The historical rank and industry rank for Siam Steel Service Center PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SSSC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.64 Med: 6.72 Max: 10.5
Current: 5.29
During the past 13 years, Siam Steel Service Center PCL's highest Return-on-Tangible-Equity was 10.50%. The lowest was 2.64%. And the median was 6.72%.
BKK:SSSC's Return-on-Tangible-Equity is ranked better than 58.21% of 615
companies
in the Steel industry
Industry Median: 3.93
vs BKK:SSSC: 5.29
Siam Steel Service Center PCL (BKK:SSSC) 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.
Siam Steel Service Center PCL Return-on-Tangible-Equity Related Terms
Siam Steel Service Center PCL Return-on-Tangible-Equity Historical Data
* 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.
Siam Steel Service Center PCL Return-on-Tangible-Equity Chart
BKK:SSSC vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Siam Steel Service Center 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 Steel Service Center PCL Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Siam Steel Service Center PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Siam Steel Service Center 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 7.03% mean?
Siam Steel Service Center PCL (BKK:SSSC) has a Return-on-Tangible-Equity of 7.03% 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 Steel Service Center PCL and its competitors. This is near median its historical median of 6.72. Over the past decade, Siam Steel Service Center PCL's Return-on-Tangible-Equity has ranged from 2.64 to 10.50. According to the industry distribution chart, Siam Steel Service Center PCL ranks #257 out of 615 companies in the Steel industry, placing it in the top 41.8%.
Is Siam Steel Service Center PCL's Return-on-Tangible-Equity too high?
Siam Steel Service Center PCL's current Return-on-Tangible-Equity of 7.03% is near median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 10.50. The Steel industry median Return-on-Tangible-Equity is 3.93. Siam Steel Service Center PCL's value of 7.03% is 78.9% above this industry median. Based on the distribution chart, Siam Steel Service Center PCL ranks #257 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Siam Steel Service Center PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel Service Center PCL's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Siam Steel Service Center PCL ranks #257 out of 615 companies for Return-on-Tangible-Equity. This puts Siam Steel Service Center PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 3.93. Siam Steel Service Center PCL's value of 7.03% is 78.9% above this benchmark. Historically, Siam Steel Service Center PCL's own Return-on-Tangible-Equity has ranged from 2.64 to 10.50 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 3.93, Siam Steel Service Center 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, based on 615 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 Steel Service Center PCL's current Return-on-Tangible-Equity of 7.03% is 78.9% 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 Steel Service Center PCL and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel Service Center PCL's current Return-on-Tangible-Equity is 7.03%, which is near median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel Service Center PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel Service Center PCL (BKK:SSSC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.08, compared to a current price of ฿2.20 — trading 5.8% above its estimated fair value. The current Return-on-Tangible-Equity is 7.03%, which is near median its 10-year median of 6.72 and 78.9% above the Steel industry median of 3.93. Siam Steel Service Center PCL's overall GF Score™ is 78/100 with 4 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 Steel Service Center PCL (BKK:SSSC), the current Return-on-Tangible-Equity is 7.03% 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 Steel Service Center PCL (BKK:SSSC) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Steel Service Center PCL stock appears to be overvalued.
The current stock price of ฿2.20 is trading 5.8% above its estimated GF Value™ of ฿2.08.
GuruFocus considers Siam Steel Service Center PCL to be Fairly Valued.
Key valuation signals for BKK:SSSC:
Return-on-Tangible-Equity: 7.03% (near median its 10-year median of 6.72)
GF Value™: ฿2.08 vs. price of ฿2.20 (5.8% above fair value)
Industry Position: 78.9% above the Steel median (#257 of 615)
No single metric tells the full story. See the BKK:SSSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Steel Service Center PCL Business Description
Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. The company has a business presence in Vietnam and Thailand, of which a majority of revenue is derived from Thailand.
78GF Score
Get the complete analysis for BKK:SSSC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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