Fine Metal Technologies PCLBKK:FMT -2.04%55 ROE % is 13.24% as of Mar. 2026, which is 93% above its 10-year median of 6.86. GuruFocus rates BKK:FMT with a GF Score™ of 55/100 and a GF Value™ of ฿27.78 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,004 Industrial Products companies, Fine Metal Technologies PCL ranks worse than 81.29% on this metric.
The historical rank and industry rank for Fine Metal Technologies PCL's ROE % or its related term are showing as below:
BKK:FMT'
s ROE % Range Over the Past 10 Years
Min: -5.47 Med: 6.86 Max: 13.34
Current: -3.86
During the past 13 years, Fine Metal Technologies PCL's highest ROE % was 13.34%. The lowest was -5.47%. And the median was 6.86%.
BKK:FMT's ROE % is ranked worse than 81.29% of 3004
companies
in the Industrial Products industry
Industry Median: 5.865
vs BKK:FMT: -3.86
Fine Metal Technologies PCL (BKK:FMT) 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:
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.
* 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 Metal Fabrication subindustry, Fine Metal Technologies 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.
Fine Metal Technologies PCL ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fine Metal Technologies PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Fine Metal Technologies 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.
Fine Metal Technologies PCL (BKK:FMT) has a ROE % of 13.24% 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 Fine Metal Technologies PCL and its competitors. This is 93% above median its historical median of 6.86. According to the industry distribution chart, Fine Metal Technologies PCL ranks #2442 out of 3004 companies in the Industrial Products industry, placing it in the top 81.3%.
Is Fine Metal Technologies PCL's ROE % too high?
Fine Metal Technologies PCL's current ROE % of 13.24% is 93% above median its 10-year median of 6.86. The Industrial Products industry median ROE % is 5.87. Fine Metal Technologies PCL's value of 13.24% is 125.7% above this industry median. Based on the distribution chart, Fine Metal Technologies PCL ranks #2442 out of 3004 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fine Metal Technologies PCL has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fine Metal Technologies PCL's ROE % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Fine Metal Technologies PCL ranks #2442 out of 3004 companies for ROE %. This places Fine Metal Technologies PCL in the lower half of its industry. The industry median ROE % is 5.87. Fine Metal Technologies PCL's value of 13.24% is 125.7% above this benchmark. While the company's 10-year median is 6.86 vs. the industry median of 5.87, Fine Metal Technologies 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 5.87, based on 3,004 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. Fine Metal Technologies PCL's current ROE % of 13.24% is 125.7% 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 Fine Metal Technologies PCL and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Metal Technologies PCL's current ROE % is 13.24%, which is 93% above median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Metal Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, Fine Metal Technologies PCL (BKK:FMT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿27.78, compared to a current price of ฿19.20 — trading 30.9% below its estimated fair value. The current ROE % is 13.24%, which is 93% above median its 10-year median of 6.86 and 125.7% above the Industrial Products industry median of 5.87. Fine Metal Technologies PCL's overall GF Score™ is 55/100 with 7 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 Fine Metal Technologies PCL (BKK:FMT), the current ROE % is 13.24% 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 Fine Metal Technologies PCL (BKK:FMT) Overvalued in 2026?
Based on GuruFocus' analysis, Fine Metal Technologies PCL stock appears to be undervalued.
The current stock price of ฿19.20 is trading 30.9% below its estimated GF Value™ of ฿27.78.
GuruFocus considers Fine Metal Technologies PCL to be Possible Value Trap.
Key valuation signals for BKK:FMT:
ROE %: 13.24% (93% above median its 10-year median of 6.86)
GF Value™: ฿27.78 vs. price of ฿19.20 (30.9% below fair value)
Industry Position: 125.7% above the Industrial Products median (#2442 of 3004)
No single metric tells the full story. See the BKK:FMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fine Metal Technologies PCL is engaged in the manufacturing and distribution of a seamless copper tube, which is an important component for air-conditioners and refrigerator equipment. Its products include Smooth Tube, Multi Groove Tube, Accumulator Tube, and Capillary Tube. Geographically, the company operates in Thailand, Malaysia, Japan, and Other countries.
55GF Score
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