Aapico Hitech PCL (BKK:AH) ROE %: 11.27% (As of Mar. 2026) — Near Median


BKK:AH Aapico Hitech PCL BKK:AH
84 GF Score
Price ฿14.00
GF Value ฿15.88
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aapico Hitech PCL ROE %?

Aapico Hitech PCL BKK:AH 84 ROE % is 11.27% as of Mar. 2026, which is 3% above its 10-year median of 10.99. GuruFocus rates BKK:AH with a GF Score™ of 84/100 and a GF Value™ of ฿15.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Aapico Hitech PCL ranks better than 50.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aapico Hitech PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿1,257 Mil. Aapico Hitech PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿11,153 Mil. Therefore, Aapico Hitech PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 11.27%.

The historical rank and industry rank for Aapico Hitech PCL's ROE % or its related term are showing as below:

BKK:AH' s ROE % Range Over the Past 10 Years
Min: -2.41   Med: 10.99   Max: 20.12
Current: 6.72

During the past 13 years, Aapico Hitech PCL's highest ROE % was 20.12%. The lowest was -2.41%. And the median was 10.99%.

BKK:AH's ROE % is ranked better than
50.69% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs BKK:AH: 6.72

Aapico Hitech PCL  (BKK:AH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1257.44/11152.5475
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1257.44 / 25333.072)*(25333.072 / 23657.0425)*(23657.0425 / 11152.5475)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.96 %*1.0708*2.1212
=ROA %*Equity Multiplier
=5.31 %*2.1212
=11.27 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1257.44/11152.5475
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1257.44 / 1372.32) * (1372.32 / 940.244) * (940.244 / 25333.072) * (25333.072 / 23657.0425) * (23657.0425 / 11152.5475)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9163 * 1.4595 * 3.71 % * 1.0708 * 2.1212
=11.27 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Aapico Hitech PCL ROE % Related Terms


Aapico Hitech PCL ROE % Historical Data

* Premium members only.

The historical data trend for Aapico Hitech PCL's ROE % 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.

Aapico Hitech PCL ROE % Chart

Aapico Hitech PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.81 20.12 15.76 7.00 6.83

Aapico Hitech PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 11.42 3.97 7.77 3.87 11.27

BKK:AH vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Aapico Hitech PCL's ROE %, along with its competitors' market caps and ROE % 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.


Aapico Hitech PCL ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Aapico Hitech PCL's ROE % falls into.


BKK:AH
84GF Score
Aapico Hitech PCL BKK:AH
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aapico Hitech PCL ROE % Calculation

Aapico Hitech PCL's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=731.427/( (10523.651+10897.587)/ 2 )
=731.427/10710.619
=6.83 %

Aapico Hitech PCL's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1257.44/( (10897.587+11407.508)/ 2 )
=1257.44/11152.5475
=11.27 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.27% mean?
Aapico Hitech PCL (BKK:AH) has a ROE % of 11.27% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aapico Hitech PCL and its competitors. This is near median its historical median of 10.99. According to the industry distribution chart, Aapico Hitech PCL ranks #645 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 49.3%.
Is Aapico Hitech PCL's ROE % too high?
Aapico Hitech PCL's current ROE % of 11.27% is near median its 10-year median of 10.99. The Vehicles & Parts industry median ROE % is 6.62. Aapico Hitech PCL's value of 11.27% is 70.2% above this industry median. Based on the distribution chart, Aapico Hitech PCL ranks #645 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Aapico Hitech PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aapico Hitech PCL's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Aapico Hitech PCL ranks #645 out of 1308 companies for ROE %. This puts Aapico Hitech PCL in the upper half of its industry. The industry median ROE % is 6.62. Aapico Hitech PCL's value of 11.27% is 70.2% above this benchmark. While the company's 10-year median is 10.99 vs. the industry median of 6.62, Aapico Hitech 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 ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aapico Hitech PCL's current ROE % of 11.27% is 70.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aapico Hitech PCL and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aapico Hitech PCL's current ROE % is 11.27%, which is near median its own 10-year median of 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aapico Hitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Aapico Hitech PCL (BKK:AH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿15.88, compared to a current price of ฿14.00 — trading 11.8% below its estimated fair value. The current ROE % is 11.27%, which is near median its 10-year median of 10.99 and 70.2% above the Vehicles & Parts industry median of 6.62. Aapico Hitech PCL's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Aapico Hitech PCL (BKK:AH), the current ROE % is 11.27% 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 Aapico Hitech PCL (BKK:AH) Overvalued in 2026?

Based on GuruFocus' analysis, Aapico Hitech PCL stock appears to be undervalued. The current stock price of ฿14.00 is trading 11.8% below its estimated GF Value™ of ฿15.88. GuruFocus considers Aapico Hitech PCL to be Modestly Undervalued.

Key valuation signals for BKK:AH:

  • ROE %: 11.27% (near median its 10-year median of 10.99)
  • GF Value™: ฿15.88 vs. price of ฿14.00 (11.8% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 70.2% above the Vehicles & Parts median (#645 of 1308)

No single metric tells the full story. See the BKK:AH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aapico Hitech PCL Business Description

Address Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. The majority of its revenue is derived from the Manufacture of automobile assembly tools and parts segment.
84GF Score

Get the complete analysis for BKK:AH

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿14.00
Price
฿15.88
GF Value