Capital Engineering Network PCL (BKK:CEN) ROE %: -23.94% (As of Mar. 2026)

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BKK:CEN Capital Engineering Network PCL BKK:CEN
37 GF Score
Price ฿0.60
GF Value ฿1.41
Valuation Possible Value Trap
! 4 Warning Signs
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What is Capital Engineering Network PCL ROE %?

Capital Engineering Network PCL BKK:CEN -1.64% 37 ROE % is -23.94% as of Mar. 2026. GuruFocus rates BKK:CEN with a GF Score™ of 37/100 and a GF Value™ of ฿1.41 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 619 Steel companies, Capital Engineering Network PCL ranks worse than 90.47% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Capital Engineering Network PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-292.7 Mil. Capital Engineering Network PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿1,222.6 Mil. Therefore, Capital Engineering Network PCL's annualized ROE % for the quarter that ended in Mar. 2026 was -23.94%.

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

BKK:CEN' s ROE % Range Over the Past 10 Years
Min: -45.3   Med: -5.65   Max: 18.68
Current: -16.77

During the past 13 years, Capital Engineering Network PCL's highest ROE % was 18.68%. The lowest was -45.30%. And the median was -5.65%.

BKK:CEN's ROE % is ranked worse than
90.47% of 619 companies
in the Steel industry
Industry Median: 3.7 vs BKK:CEN: -16.77

Capital Engineering Network PCL  (BKK:CEN) 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
=-292.692/1222.631
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-292.692 / 714.972)*(714.972 / 2452.422)*(2452.422 / 1222.631)
=Net Margin %*Asset Turnover*Equity Multiplier
=-40.94 %*0.2915*2.0059
=ROA %*Equity Multiplier
=-11.93 %*2.0059
=-23.94 %

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
=-292.692/1222.631
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-292.692 / -374.676) * (-374.676 / -151.176) * (-151.176 / 714.972) * (714.972 / 2452.422) * (2452.422 / 1222.631)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7812 * 2.4784 * -21.14 % * 0.2915 * 2.0059
=-23.94 %

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.


Capital Engineering Network PCL ROE % Related Terms


Capital Engineering Network PCL ROE % Historical Data

* Premium members only.

The historical data trend for Capital Engineering Network 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.

Capital Engineering Network PCL ROE % Chart

Capital Engineering Network 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 18.68 -13.74 -12.00 -1.41 -15.53

Capital Engineering Network 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 -18.52 -21.76 3.52 -25.48 -23.94

BKK:CEN vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Capital Engineering Network 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.


Capital Engineering Network PCL ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Capital Engineering Network PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Capital Engineering Network PCL's ROE % falls into.


BKK:CEN
37GF Score
Capital Engineering Network PCL BKK:CEN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Engineering Network PCL ROE % Calculation

Capital Engineering Network 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 )
=-213.748/( (1483.272+1268.697)/ 2 )
=-213.748/1375.9845
=-15.53 %

Capital Engineering Network 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 )
=-292.692/( (1268.697+1176.565)/ 2 )
=-292.692/1222.631
=-23.94 %

* 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 -23.94% mean?
Capital Engineering Network PCL (BKK:CEN) has a ROE % of -23.94% 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 Capital Engineering Network PCL and its competitors. According to the industry distribution chart, Capital Engineering Network PCL ranks #560 out of 619 companies in the Steel industry, placing it in the top 90.5%.
Is Capital Engineering Network PCL's ROE % too high?
Capital Engineering Network PCL's current ROE % is -23.94%. Based on the distribution chart, Capital Engineering Network PCL ranks #560 out of 619 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Capital Engineering Network PCL has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capital Engineering Network PCL's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Capital Engineering Network PCL ranks #560 out of 619 companies for ROE %. This places Capital Engineering Network PCL in the lower half of its industry. The industry median ROE % is 3.70. 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 Steel company?
The median ROE % among Steel companies is 3.70, based on 619 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 Capital Engineering Network PCL and its competitors. For the Steel industry, the median ROE % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Engineering Network PCL's current ROE % is -23.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Engineering Network PCL stock overvalued right now?
Based on GuruFocus' analysis, Capital Engineering Network PCL (BKK:CEN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.41, compared to a current price of ฿0.60 — trading 57.4% below its estimated fair value. The current ROE % is -23.94%. Capital Engineering Network PCL's overall GF Score™ is 37/100 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 Capital Engineering Network PCL (BKK:CEN), the current ROE % is -23.94% 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.

Is Capital Engineering Network PCL (BKK:CEN) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Engineering Network PCL stock appears to be undervalued. The current stock price of ฿0.60 is trading 57.4% below its estimated GF Value™ of ฿1.41. GuruFocus considers Capital Engineering Network PCL to be Possible Value Trap.

Key valuation signals for BKK:CEN:

  • ROE %: -23.94%
  • GF Value™: ฿1.41 vs. price of ฿0.60 (57.4% below fair value)
  • GF Score™: 37/100 with 4 warning signs

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


Capital Engineering Network PCL Business Description

Address Rama 3 Road, 1011, Supalai Grand Tower, 17th Floor, Room No.1703, 1704, Chongnonsi, Yannawa, Bangkok, THA, 10120
Capital Engineering Network PCL is engaged in the production and distribution of engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are investing in other companies segment, steel wire segment, production and distribution of high voltage transmission tower and telecommunication tower, electricity and thermal energy segment, distribution of goods segment, telecom implementation service segment and clinic service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand and Steel Wire Segment.
37GF Score

Get the complete analysis for BKK:CEN

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

฿0.60
Price
฿1.41
GF Value