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DTC Enterprise PCL (BKK:DTCENT) ROE % : 12.03% (As of Sep. 2023)


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What is DTC Enterprise PCL ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DTC Enterprise PCL's annualized net income for the quarter that ended in Sep. 2023 was ฿174.4 Mil. DTC Enterprise PCL's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was ฿1,450.1 Mil. Therefore, DTC Enterprise PCL's annualized ROE % for the quarter that ended in Sep. 2023 was 12.03%.

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

BKK:DTCENT' s ROE % Range Over the Past 10 Years
Min: 5.43   Med: 15.32   Max: 25.09
Current: 6.62

During the past 5 years, DTC Enterprise PCL's highest ROE % was 25.09%. The lowest was 5.43%. And the median was 15.32%.

BKK:DTCENT's ROE % is ranked better than
57.98% of 2413 companies
in the Hardware industry
Industry Median: 4.64 vs BKK:DTCENT: 6.62

DTC Enterprise PCL ROE % Historical Data

The historical data trend for DTC Enterprise 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.

* Premium members only.

DTC Enterprise PCL ROE % Chart

DTC Enterprise PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
18.36 25.09 15.32 12.38 5.43

DTC Enterprise PCL Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 10.23 -0.13 4.78 6.52 12.03

Competitive Comparison of DTC Enterprise PCL's ROE %

For the Scientific & Technical Instruments subindustry, DTC Enterprise 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.


DTC Enterprise PCL's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DTC Enterprise PCL's ROE % distribution charts can be found below:

* The bar in red indicates where DTC Enterprise PCL's ROE % falls into.



DTC Enterprise PCL ROE % Calculation

DTC Enterprise PCL's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=52.063/( (527.215+1391.388)/ 2 )
=52.063/959.3015
=5.43 %

DTC Enterprise PCL's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=174.444/( (1428.576+1471.606)/ 2 )
=174.444/1450.091
=12.03 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


DTC Enterprise PCL  (BKK:DTCENT) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=174.444/1450.091
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(174.444 / 857.352)*(857.352 / 1708.462)*(1708.462 / 1450.091)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.35 %*0.5018*1.1782
=ROA %*Equity Multiplier
=10.21 %*1.1782
=12.03 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=174.444/1450.091
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (174.444 / 223.496) * (223.496 / 205.004) * (205.004 / 857.352) * (857.352 / 1708.462) * (1708.462 / 1450.091)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7805 * 1.0902 * 23.91 % * 0.5018 * 1.1782
=12.03 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


DTC Enterprise PCL ROE % Related Terms

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DTC Enterprise PCL (BKK:DTCENT) Business Description

Traded in Other Exchanges
N/A
Address
63, Soi Sanphawut 2, Sukhumvit Road, Bangna Nuea, Bangna, Bangkok, THA, 10260
DTC Enterprise PCL designs, research, develop, distribute, and provide vehicle tracking devices (GPS Tracking) and develop a complete range of IoT Solution and Artificial Intelligence (AI), including research and development of software systems for transportation management and other. The company has four segments namely, GPS tracking business, Software business, IoT business and Other businesses. The majority of revenue is generated through GPS tracking business. The company's products consist of GPS tracking systems, Mobile DVR, Software, and Solutions.

DTC Enterprise PCL (BKK:DTCENT) Headlines

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