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TPI Polene Power PCL (BKK:TPIPP) Return-on-Tangible-Equity : 10.98% (As of Mar. 2025)


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What is TPI Polene Power 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. TPI Polene Power PCL's annualized net income for the quarter that ended in Mar. 2025 was ฿3,868 Mil. TPI Polene Power PCL's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ฿35,223 Mil. Therefore, TPI Polene Power PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 10.98%.

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

BKK:TPIPP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.22   Med: 14.52   Max: 21.01
Current: 10.44

During the past 11 years, TPI Polene Power PCL's highest Return-on-Tangible-Equity was 21.01%. The lowest was 6.22%. And the median was 14.52%.

BKK:TPIPP's Return-on-Tangible-Equity is ranked better than
64.66% of 416 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.53 vs BKK:TPIPP: 10.44

TPI Polene Power PCL Return-on-Tangible-Equity Historical Data

The historical data trend for TPI Polene Power 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.

TPI Polene Power PCL Return-on-Tangible-Equity Chart

TPI Polene Power PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.08 14.02 9.01 11.28 9.72

TPI Polene Power PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only 8.47 10.30 9.87 10.64 10.98

Competitive Comparison of TPI Polene Power PCL's Return-on-Tangible-Equity

For the Utilities - Renewable subindustry, TPI Polene Power 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.


TPI Polene Power PCL's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TPI Polene Power PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TPI Polene Power PCL's Return-on-Tangible-Equity falls into.


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TPI Polene Power PCL Return-on-Tangible-Equity Calculation

TPI Polene Power 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 )
=3302.24/( (33201.585+34739.825 )/ 2 )
=3302.24/33970.705
=9.72 %

TPI Polene Power 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 )
=3867.624/( (34739.825+35706.731)/ 2 )
=3867.624/35223.278
=10.98 %

* 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.


TPI Polene Power PCL  (BKK:TPIPP) 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.


TPI Polene Power PCL Return-on-Tangible-Equity Related Terms

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


TPI Polene Power PCL Business Description

Traded in Other Exchanges
Address
Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste, and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. Geographically, the company operates in Thailand.

TPI Polene Power PCL Headlines

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