Birla Carbon (Thailand) PCL (BKK:BCT) ROE %: 10.15% (As of Mar. 2026) — 32% Below Median


BKK:BCT Birla Carbon (Thailand) PCL BKK:BCT
80 GF Score
Price ฿50.00
GF Value ฿42.62
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Birla Carbon (Thailand) PCL ROE %?

Birla Carbon (Thailand) PCL BKK:BCT 80 ROE % is 10.15% as of Mar. 2026, which is 32% below its 10-year median of 14.89. GuruFocus rates BKK:BCT with a GF Score™ of 80/100 and a GF Value™ of ฿42.62 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,586 Chemicals companies, Birla Carbon (Thailand) PCL ranks better than 51.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Birla Carbon (Thailand) PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿3,530 Mil. Birla Carbon (Thailand) PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿34,764 Mil. Therefore, Birla Carbon (Thailand) PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 10.15%.

The historical rank and industry rank for Birla Carbon (Thailand) PCL's ROE % or its related term are showing as below:

BKK:BCT' s ROE % Range Over the Past 10 Years
Min: 5.07   Med: 14.89   Max: 18.71
Current: 5.39

During the past 13 years, Birla Carbon (Thailand) PCL's highest ROE % was 18.71%. The lowest was 5.07%. And the median was 14.89%.

BKK:BCT's ROE % is ranked better than
51.01% of 1586 companies
in the Chemicals industry
Industry Median: 5.185 vs BKK:BCT: 5.39

Birla Carbon (Thailand) PCL  (BKK:BCT) 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
=3530/34763.5795
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3530 / 9833.564)*(9833.564 / 39286.466)*(39286.466 / 34763.5795)
=Net Margin %*Asset Turnover*Equity Multiplier
=35.9 %*0.2503*1.1301
=ROA %*Equity Multiplier
=8.99 %*1.1301
=10.15 %

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
=3530/34763.5795
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3530 / 4251.048) * (4251.048 / 600.06) * (600.06 / 9833.564) * (9833.564 / 39286.466) * (39286.466 / 34763.5795)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8304 * 7.0844 * 6.1 % * 0.2503 * 1.1301
=10.15 %

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.


Birla Carbon (Thailand) PCL ROE % Related Terms


Birla Carbon (Thailand) PCL ROE % Historical Data

* Premium members only.

The historical data trend for Birla Carbon (Thailand) 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.

Birla Carbon (Thailand) PCL ROE % Chart

Birla Carbon (Thailand) PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.71 15.23 15.01 7.39 5.38

Birla Carbon (Thailand) 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 9.30 1.90 6.72 2.69 10.15

BKK:BCT vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Birla Carbon (Thailand) 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.


Birla Carbon (Thailand) PCL ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Birla Carbon (Thailand) PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Birla Carbon (Thailand) PCL's ROE % falls into.


BKK:BCT
80GF Score
Birla Carbon (Thailand) PCL BKK:BCT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Birla Carbon (Thailand) PCL ROE % Calculation

Birla Carbon (Thailand) PCL's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1843.117/( (33478.209+35079.115)/ 2 )
=1843.117/34278.662
=5.38 %

Birla Carbon (Thailand) 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 )
=3530/( (34448.044+35079.115)/ 2 )
=3530/34763.5795
=10.15 %

* 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 10.15% mean?
Birla Carbon (Thailand) PCL (BKK:BCT) has a ROE % of 10.15% 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 Birla Carbon (Thailand) PCL and its competitors. This is 32% below median its historical median of 14.89. Over the past decade, Birla Carbon (Thailand) PCL's ROE % has ranged from 5.07 to 18.71. According to the industry distribution chart, Birla Carbon (Thailand) PCL ranks #777 out of 1586 companies in the Chemicals industry, placing it in the top 49%.
Is Birla Carbon (Thailand) PCL's ROE % too high?
Birla Carbon (Thailand) PCL's current ROE % of 10.15% is 32% below median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 18.71. The Chemicals industry median ROE % is 5.19. Birla Carbon (Thailand) PCL's value of 10.15% is 95.8% above this industry median. Based on the distribution chart, Birla Carbon (Thailand) PCL ranks #777 out of 1586 companies in the Chemicals industry, which is above the industry midpoint. Overall, Birla Carbon (Thailand) PCL has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Birla Carbon (Thailand) PCL's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Birla Carbon (Thailand) PCL ranks #777 out of 1586 companies for ROE %. This puts Birla Carbon (Thailand) PCL in the upper half of its industry. The industry median ROE % is 5.19. Birla Carbon (Thailand) PCL's value of 10.15% is 95.8% above this benchmark. Historically, Birla Carbon (Thailand) PCL's own ROE % has ranged from 5.07 to 18.71 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 5.19, Birla Carbon (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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,586 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. Birla Carbon (Thailand) PCL's current ROE % of 10.15% is 95.8% 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 Birla Carbon (Thailand) PCL and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Carbon (Thailand) PCL's current ROE % is 10.15%, which is 32% below median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Carbon (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL (BKK:BCT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿42.62, compared to a current price of ฿50.00 — trading 17.3% above its estimated fair value. The current ROE % is 10.15%, which is 32% below median its 10-year median of 14.89 and 95.8% above the Chemicals industry median of 5.19. Birla Carbon (Thailand) PCL's overall GF Score™ is 80/100 with 6 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 Birla Carbon (Thailand) PCL (BKK:BCT), the current ROE % is 10.15% 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 Birla Carbon (Thailand) PCL (BKK:BCT) Overvalued in 2026?

Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL stock appears to be overvalued. The current stock price of ฿50.00 is trading 17.3% above its estimated GF Value™ of ฿42.62. GuruFocus considers Birla Carbon (Thailand) PCL to be Modestly Overvalued.

Key valuation signals for BKK:BCT:

  • ROE %: 10.15% (32% below median its 10-year median of 14.89)
  • GF Value™: ฿42.62 vs. price of ฿50.00 (17.3% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 95.8% above the Chemicals median (#777 of 1586)

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


Birla Carbon (Thailand) PCL Business Description

Address Ploenchit Road, 888/122, 888/128 Mahatun Plaza Building, 16th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Birla Carbon (Thailand) PCL through its subsidiaries operates as a manufacturer and supplier of carbon black additives for distribution to international markets. Carbon black is the flagship business of the Aditya Birla Group. Its product offering categories include Rubber Products, Rubber - Birla Carbon 3000 Series, Specialty Products, Specialty Post-Treated Products, and Form Letters. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan, Indonesia, Vietnam, Malaysia, and Other countries. The company serves Tires, Specialty Blacks and Mechanical Rubber Goods market.
80GF Score

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

฿50.00
Price
฿42.62
GF Value