The historical rank and industry rank for AJ Advance Technology PCL's ROE % or its related term are showing as below:
BKK:AJA'
s ROE % Range Over the Past 10 Years
Min: -40.15 Med: -18.21 Max: 25.3
Current: -26.64
During the past 13 years, AJ Advance Technology PCL's highest ROE % was 25.30%. The lowest was -40.15%. And the median was -18.21%.
BKK:AJA's ROE % is ranked worse than 90.14% of 2425
companies
in the Hardware industry
Industry Median: 4.66
vs BKK:AJA: -26.64
AJ Advance Technology PCL (BKK:AJA) 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:
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.
* 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.
For the Electronics & Computer Distribution subindustry, AJ Advance Technology 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.
AJ Advance Technology PCL ROE % vs Hardware Industry
For the Hardware industry and Technology sector, AJ Advance Technology PCL's ROE % distribution charts can be found below:
* The bar in red indicates where AJ Advance Technology PCL's ROE % 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 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.
AJ Advance Technology PCL (BKK:AJA) has a ROE % of -18.88% 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 AJ Advance Technology PCL and its competitors. According to the industry distribution chart, AJ Advance Technology PCL ranks #2186 out of 2425 companies in the Hardware industry, placing it in the top 90.1%.
Is AJ Advance Technology PCL's ROE % too high?
AJ Advance Technology PCL's current ROE % is -18.88%. Based on the distribution chart, AJ Advance Technology PCL ranks #2186 out of 2425 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AJ Advance Technology PCL has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AJ Advance Technology PCL's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, AJ Advance Technology PCL ranks #2186 out of 2425 companies for ROE %. This places AJ Advance Technology PCL in the lower half of its industry. The industry median ROE % is 4.66. 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 Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,425 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. 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 AJ Advance Technology PCL and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Advance Technology PCL's current ROE % is -18.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Advance Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, AJ Advance Technology PCL (BKK:AJA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.10, compared to a current price of ฿0.13 — trading 30% above its estimated fair value. The current ROE % is -18.88%. AJ Advance Technology PCL's overall GF Score™ is 27/100 with 4 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 AJ Advance Technology PCL (BKK:AJA), the current ROE % is -18.88% 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 AJ Advance Technology PCL (BKK:AJA) Overvalued in 2026?
Based on GuruFocus' analysis, AJ Advance Technology PCL stock appears to be overvalued.
The current stock price of ฿0.13 is trading 30% above its estimated GF Value™ of ฿0.10.
GuruFocus considers AJ Advance Technology PCL to be Modestly Overvalued.
Key valuation signals for BKK:AJA:
ROE %: -18.88%
GF Value™: ฿0.10 vs. price of ฿0.13 (30% above fair value)
No single metric tells the full story. See the BKK:AJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AJ Advance Technology PCL is engaged in wholesaling and retailing of electric vehicle, provides service to member relating access of website of such company for purchase and sales of goods, logistic business and export business, distribution of sport shoes and invest in digital assets, mining, trading digital assets including investment or providing other services about cryptocurrency and digital token transactions. Its segments include Retailing and wholesaling of electric appliances, including parts; Retailing of shoe; Sale of electric motorcycle; Mining digital assets; Sale chemical organic fertilizer; and Others. It derives majority of the revenue from Retailing of shoe segment. The group is managed and operates principally in Thailand.
27GF Score
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