Charoong Thai Wire & Cable PCLBKK:CTW +2.26%49 ROE % is 6.95% as of Mar. 2026, which is 158% above its 10-year median of 2.69. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,001 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks worse than 50.52% on this metric.
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.
Charoong Thai Wire & Cable PCL ROE % Related Terms
Charoong Thai Wire & Cable PCL ROE % Historical Data
* 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 Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL (BKK:CTW) has a ROE % of 6.95% 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 Charoong Thai Wire & Cable PCL and its competitors. This is 158% above median its historical median of 2.69. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1516 out of 3001 companies in the Industrial Products industry, placing it in the top 50.5%.
Is Charoong Thai Wire & Cable PCL's ROE % too high?
Charoong Thai Wire & Cable PCL's current ROE % of 6.95% is 158% above median its 10-year median of 2.69. The Industrial Products industry median ROE % is 5.85. Charoong Thai Wire & Cable PCL's value of 6.95% is 18.8% above this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #1516 out of 3001 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1516 out of 3001 companies for ROE %. This places Charoong Thai Wire & Cable PCL in the lower half of its industry. The industry median ROE % is 5.85. Charoong Thai Wire & Cable PCL's value of 6.95% is 18.8% above this benchmark. While the company's 10-year median is 2.69 vs. the industry median of 5.85, Charoong Thai Wire & Cable 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,001 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. Charoong Thai Wire & Cable PCL's current ROE % of 6.95% is 18.8% 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current ROE % is 6.95%, which is 158% above median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.80 — trading 72.2% above its estimated fair value. The current ROE % is 6.95%, which is 158% above median its 10-year median of 2.69 and 18.8% above the Industrial Products industry median of 5.85. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current ROE % is 6.95% 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued.
The current stock price of ฿6.80 is trading 72.2% above its estimated GF Value™ of ฿3.95.
GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.
Key valuation signals for BKK:CTW:
ROE %: 6.95% (158% above median its 10-year median of 2.69)
GF Value™: ฿3.95 vs. price of ฿6.80 (72.2% above fair value)
Industry Position: 18.8% above the Industrial Products median (#1516 of 3001)
No single metric tells the full story. See the BKK:CTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charoong Thai Wire & Cable PCL Business Description
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score
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