BT Wealth Industries PCL (BKK:BTW) ROE %: -137.94% (As of Mar. 2026)


What is BT Wealth Industries PCL ROE %?

BT Wealth Industries PCL BKK:BTW -14.29% ROE % is -137.94% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 3,003 Industrial Products companies, BT Wealth Industries PCL ranks worse than 96.77% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BT Wealth Industries PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-190.0 Mil. BT Wealth Industries PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿137.7 Mil. Therefore, BT Wealth Industries PCL's annualized ROE % for the quarter that ended in Mar. 2026 was -137.94%.

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

BKK:BTW' s ROE % Range Over the Past 10 Years
Min: -116.24   Med: -7.49   Max: 8.52
Current: -70.15

During the past 12 years, BT Wealth Industries PCL's highest ROE % was 8.52%. The lowest was -116.24%. And the median was -7.49%.

BKK:BTW's ROE % is ranked worse than
96.77% of 3003 companies
in the Industrial Products industry
Industry Median: 5.86 vs BKK:BTW: -70.15

BT Wealth Industries PCL  (BKK:BTW) 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
=-189.984/137.733
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-189.984 / 138)*(138 / 577.3825)*(577.3825 / 137.733)
=Net Margin %*Asset Turnover*Equity Multiplier
=-137.67 %*0.239*4.192
=ROA %*Equity Multiplier
=-32.9 %*4.192
=-137.94 %

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
=-189.984/137.733
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-189.984 / -190.408) * (-190.408 / -188.088) * (-188.088 / 138) * (138 / 577.3825) * (577.3825 / 137.733)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9978 * 1.0123 * -136.3 % * 0.239 * 4.192
=-137.94 %

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.


BT Wealth Industries PCL ROE % Related Terms


BT Wealth Industries PCL ROE % Historical Data

* Premium members only.

The historical data trend for BT Wealth Industries 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.

BT Wealth Industries PCL ROE % Chart

BT Wealth Industries 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 -13.16 3.37 -116.24 -17.70 -51.45

BT Wealth Industries 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 -35.31 -40.20 -56.58 -65.49 -137.94

BKK:BTW vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, BT Wealth Industries 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.


BT Wealth Industries PCL ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BT Wealth Industries PCL's ROE % distribution charts can be found below:

* The bar in red indicates where BT Wealth Industries PCL's ROE % falls into.



BT Wealth Industries PCL ROE % Calculation

BT Wealth Industries 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 )
=-102.464/( (236.825+161.481)/ 2 )
=-102.464/199.153
=-51.45 %

BT Wealth Industries 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 )
=-189.984/( (161.481+113.985)/ 2 )
=-189.984/137.733
=-137.94 %

* 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 -137.94% mean?
BT Wealth Industries PCL (BKK:BTW) has a ROE % of -137.94% 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 BT Wealth Industries PCL and its competitors. According to the industry distribution chart, BT Wealth Industries PCL ranks #2906 out of 3003 companies in the Industrial Products industry, placing it in the top 96.8%.
Is BT Wealth Industries PCL's ROE % too high?
BT Wealth Industries PCL's current ROE % is -137.94%. Based on the distribution chart, BT Wealth Industries PCL ranks #2906 out of 3003 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does BT Wealth Industries PCL's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BT Wealth Industries PCL ranks #2906 out of 3003 companies for ROE %. This places BT Wealth Industries PCL in the lower half of its industry. The industry median ROE % is 5.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 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 BT Wealth Industries PCL and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Wealth Industries PCL's current ROE % is -137.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BT Wealth Industries PCL (BKK:BTW) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.15, compared to a current price of ฿0.06 — trading 60% below its estimated fair value. The current ROE % is -137.94%. 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 BT Wealth Industries PCL (BKK:BTW), the current ROE % is -137.94% 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.

BT Wealth Industries PCL Business Description

Address Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39, Thepleela 1, Wangthonglang, Bangkok, THA, 10310
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.