Thai Stanley Electric (Thailand) PCLTSETF 73 Return-on-Tangible-Equity is 8.70% as of Mar. 2026, which is 5% below its 10-year median of 9.12. GuruFocus rates TSETF with a GF Score™ of 73/100. The stock has 7 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Thai Stanley Electric (Thailand) PCL ranks better than 57.43% on this metric.
The historical rank and industry rank for Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Equity or its related term are showing as below:
TSETF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.26 Med: 9.12 Max: 13.76
Current: 9.5
During the past 13 years, Thai Stanley Electric (Thailand) PCL's highest Return-on-Tangible-Equity was 13.76%. The lowest was 6.26%. And the median was 9.12%.
TSETF's Return-on-Tangible-Equity is ranked better than 57.43% of 1285
companies
in the Vehicles & Parts industry
Industry Median: 7.49
vs TSETF: 9.50
Thai Stanley Electric (Thailand) PCL (OTCPK:TSETF) 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.
Thai Stanley Electric (Thailand) PCL Return-on-Tangible-Equity Related Terms
Thai Stanley Electric (Thailand) 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.
Thai Stanley Electric (Thailand) PCL Return-on-Tangible-Equity Chart
TSETF vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Thai Stanley Electric (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.
Thai Stanley Electric (Thailand) PCL Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thai Stanley Electric (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 8.70% mean?
Thai Stanley Electric (Thailand) PCL (TSETF) has a Return-on-Tangible-Equity of 8.70% 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 Thai Stanley Electric (Thailand) PCL and its competitors. This is near median its historical median of 9.12. Over the past decade, Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Equity has ranged from 6.26 to 13.76. According to the industry distribution chart, Thai Stanley Electric (Thailand) PCL ranks #547 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 42.6%.
Is Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Equity too high?
Thai Stanley Electric (Thailand) PCL's current Return-on-Tangible-Equity of 8.70% is near median its 10-year median of 9.12. Over the past 10 years, this metric has ranged from a low of 6.26 to a high of 13.76. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.49. Thai Stanley Electric (Thailand) PCL's value of 8.70% is 16.2% above this industry median. Based on the distribution chart, Thai Stanley Electric (Thailand) PCL ranks #547 out of 1285 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Thai Stanley Electric (Thailand) PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Thai Stanley Electric (Thailand) PCL's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Stanley Electric (Thailand) PCL ranks #547 out of 1285 companies for Return-on-Tangible-Equity. This puts Thai Stanley Electric (Thailand) PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.49. Thai Stanley Electric (Thailand) PCL's value of 8.70% is 16.2% above this benchmark. Historically, Thai Stanley Electric (Thailand) PCL's own Return-on-Tangible-Equity has ranged from 6.26 to 13.76 over the past decade. While the company's 10-year median is 9.12 vs. the industry median of 7.49, Thai Stanley Electric (Thailand) 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.49, based on 1,285 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. Thai Stanley Electric (Thailand) PCL's current Return-on-Tangible-Equity of 8.70% is 16.2% 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 Thai Stanley Electric (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Stanley Electric (Thailand) PCL's current Return-on-Tangible-Equity is 8.70%, which is near median its own 10-year median of 9.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Stanley Electric (Thailand) PCL stock overvalued right now?
Thai Stanley Electric (Thailand) PCL (TSETF) has a current Return-on-Tangible-Equity of 8.70%. The current Return-on-Tangible-Equity is 8.70%, which is near median its 10-year median of 9.12 and 16.2% above the Vehicles & Parts industry median of 7.49. Thai Stanley Electric (Thailand) PCL's overall GF Score™ is 73/100 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 Thai Stanley Electric (Thailand) PCL (TSETF), the current Return-on-Tangible-Equity is 8.70% 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.
Thai Stanley Electric (Thailand) PCL Business Description
Thai Stanley Electric (Thailand) PCL is a Thailand-based company engaged in the manufacturing and selling of automotive bulbs, lighting equipment, molds and dies, and product designs. The company products include hheadlights, taillights, brake lights, rear combination lamps, wind screens, front winkers, fog lights, and other related products. The company generates maximum revenue from the auto bulbs and automotive lighting equipment.
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