BEC World PCL (BKK:BEC) ROE %: 2.00% (As of Mar. 2026) — 19% Below Median


BKK:BEC BEC World PCL BKK:BEC
71 GF Score
Price ฿2.06
GF Value ฿3.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is BEC World PCL ROE %?

BEC World PCL BKK:BEC 71 ROE % is 2.00% as of Mar. 2026, which is 19% below its 10-year median of 2.48. GuruFocus rates BKK:BEC with a GF Score™ of 71/100 and a GF Value™ of ฿3.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 958 Media - Diversified companies, BEC World PCL ranks better than 52.61% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BEC World PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿123 Mil. BEC World PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿6,152 Mil. Therefore, BEC World PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 2.00%.

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

BKK:BEC' s ROE % Range Over the Past 10 Years
Min: -6.78   Med: 2.48   Max: 16.41
Current: 3.17

During the past 13 years, BEC World PCL's highest ROE % was 16.41%. The lowest was -6.78%. And the median was 2.48%.

BKK:BEC's ROE % is ranked better than
52.61% of 958 companies
in the Media - Diversified industry
Industry Median: 2.47 vs BKK:BEC: 3.17

BEC World PCL  (BKK:BEC) 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
=122.98/6151.9825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(122.98 / 3357.86)*(3357.86 / 8063.7955)*(8063.7955 / 6151.9825)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.66 %*0.4164*1.3108
=ROA %*Equity Multiplier
=1.52 %*1.3108
=2.00 %

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
=122.98/6151.9825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (122.98 / 239.42) * (239.42 / 216.248) * (216.248 / 3357.86) * (3357.86 / 8063.7955) * (8063.7955 / 6151.9825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5137 * 1.1072 * 6.44 % * 0.4164 * 1.3108
=2.00 %

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.


BEC World PCL ROE % Related Terms


BEC World PCL ROE % Historical Data

* Premium members only.

The historical data trend for BEC World 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.

BEC World PCL ROE % Chart

BEC World 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 13.13 9.76 3.39 1.58 3.37

BEC World 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 2.83 1.37 2.43 6.92 2.00

BKK:BEC vs NXST: ROE % Comparison

For the Broadcasting subindustry, BEC World 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.


BEC World PCL ROE % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BEC World PCL's ROE % distribution charts can be found below:

* The bar in red indicates where BEC World PCL's ROE % falls into.


BKK:BEC
71GF Score
BEC World PCL BKK:BEC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BEC World PCL ROE % Calculation

BEC World 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 )
=205.766/( (6071.898+6136.61)/ 2 )
=205.766/6104.254
=3.37 %

BEC World 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 )
=122.98/( (6136.61+6167.355)/ 2 )
=122.98/6151.9825
=2.00 %

* 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 2.00% mean?
BEC World PCL (BKK:BEC) has a ROE % of 2.00% 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 BEC World PCL and its competitors. This is 19% below median its historical median of 2.48. According to the industry distribution chart, BEC World PCL ranks #454 out of 958 companies in the Media - Diversified industry, placing it in the top 47.4%.
Is BEC World PCL's ROE % too high?
BEC World PCL's current ROE % of 2.00% is 19% below median its 10-year median of 2.48. The Media - Diversified industry median ROE % is 2.47. BEC World PCL's value of 2.00% is 19% below this industry median. Based on the distribution chart, BEC World PCL ranks #454 out of 958 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, BEC World PCL has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BEC World PCL's ROE % compare to NXST?
According to the Media - Diversified industry distribution chart, BEC World PCL ranks #454 out of 958 companies for ROE %. This puts BEC World PCL in the upper half of its industry. The industry median ROE % is 2.47. BEC World PCL's value of 2.00% is 19% below this benchmark. While the company's 10-year median is 2.48 vs. the industry median of 2.47, BEC World PCL has consistently been below 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 958 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. BEC World PCL's current ROE % of 2.00% is 19% below 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 BEC World PCL and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BEC World PCL's current ROE % is 2.00%, which is 19% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BEC World PCL stock overvalued right now?
Based on GuruFocus' analysis, BEC World PCL (BKK:BEC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.49, compared to a current price of ฿2.06 — trading 41% below its estimated fair value. The current ROE % is 2.00%, which is 19% below median its 10-year median of 2.48 and 19% below the Media - Diversified industry median of 2.47. BEC World PCL's overall GF Score™ is 71/100 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 BEC World PCL (BKK:BEC), the current ROE % is 2.00% 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 BEC World PCL (BKK:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BEC World PCL stock appears to be undervalued. The current stock price of ฿2.06 is trading 41% below its estimated GF Value™ of ฿3.49. GuruFocus considers BEC World PCL to be Possible Value Trap.

Key valuation signals for BKK:BEC:

  • ROE %: 2.00% (19% below median its 10-year median of 2.48)
  • GF Value™: ฿3.49 vs. price of ฿2.06 (41% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 19% below the Media - Diversified median (#454 of 958)

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


BEC World PCL Business Description

Address 3199 Rama IV Road, Floor 2,4,7,9,10,30-34 floors, Maleenont Tower, Kwaeng Klongton, Khet Klongtoey, Bangkok, THA, 10110
BEC World PCL is engaged in providing, producing TV programmes and selling air time, artist management including management services to subsidiaries. It operates in two main business areas: 1) Content business group - television platform, digital platform, international licensing distribution, and services for sourcing and producing entertainment and documentary programs; and 2) Support business group. The company and its subsidiaries operate in one industrial segment, that is the business of entertainment and recreation, which operates in the geographical area, Thailand.
71GF Score

Get the complete analysis for BKK:BEC

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

฿2.06
Price
฿3.49
GF Value