Frasers Property (Thailand) PCL (BKK:FPT) ROE %: 13.71% (As of Mar. 2026) — 179% Above Median


BKK:FPT Frasers Property (Thailand) PCL BKK:FPT
65 GF Score
Price ฿6.30
GF Value ฿11.46
Valuation Possible Value Trap
! 7 Warning Signs
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What is Frasers Property (Thailand) PCL ROE %?

Frasers Property (Thailand) PCL BKK:FPT 65 ROE % is 13.71% as of Mar. 2026, which is 179% above its 10-year median of 4.92. GuruFocus rates BKK:FPT with a GF Score™ of 65/100 and a GF Value™ of ฿11.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,732 Real Estate companies, Frasers Property (Thailand) PCL ranks better than 62.41% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Frasers Property (Thailand) PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿5,078 Mil. Frasers Property (Thailand) PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿37,052 Mil. Therefore, Frasers Property (Thailand) PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 13.71%.

The historical rank and industry rank for Frasers Property (Thailand) PCL's ROE % or its related term are showing as below:

BKK:FPT' s ROE % Range Over the Past 10 Years
Min: 2.38   Med: 4.92   Max: 9.39
Current: 6.85

During the past 13 years, Frasers Property (Thailand) PCL's highest ROE % was 9.39%. The lowest was 2.38%. And the median was 4.92%.

BKK:FPT's ROE % is ranked better than
62.41% of 1732 companies
in the Real Estate industry
Industry Median: 3.97 vs BKK:FPT: 6.85

Frasers Property (Thailand) PCL  (BKK:FPT) 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
=5078.408/37051.5535
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5078.408 / 10736.248)*(10736.248 / 96262.397)*(96262.397 / 37051.5535)
=Net Margin %*Asset Turnover*Equity Multiplier
=47.3 %*0.1115*2.5981
=ROA %*Equity Multiplier
=5.27 %*2.5981
=13.71 %

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
=5078.408/37051.5535
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5078.408 / 5170.584) * (5170.584 / 799.208) * (799.208 / 10736.248) * (10736.248 / 96262.397) * (96262.397 / 37051.5535)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9822 * 6.4696 * 7.44 % * 0.1115 * 2.5981
=13.71 %

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.


Frasers Property (Thailand) PCL ROE % Related Terms


Frasers Property (Thailand) PCL ROE % Historical Data

* Premium members only.

The historical data trend for Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL ROE % Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 6.99 5.08 3.91 3.99

Frasers Property (Thailand) 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 2.42 7.04 2.92 3.65 13.71

Frasers Property (Thailand) PCL ROE % Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (Thailand) 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.


Frasers Property (Thailand) PCL ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's ROE % falls into.


BKK:FPT
65GF Score
Frasers Property (Thailand) PCL BKK:FPT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Property (Thailand) PCL ROE % Calculation

Frasers Property (Thailand) PCL's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=1460.758/( (36694.749+36492.298)/ 2 )
=1460.758/36593.5235
=3.99 %

Frasers Property (Thailand) 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 )
=5078.408/( (36681.757+37421.35)/ 2 )
=5078.408/37051.5535
=13.71 %

* 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 13.71% mean?
Frasers Property (Thailand) PCL (BKK:FPT) has a ROE % of 13.71% 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 Frasers Property (Thailand) PCL and its competitors. This is 179% above median its historical median of 4.92. Over the past decade, Frasers Property (Thailand) PCL's ROE % has ranged from 2.38 to 9.39. According to the industry distribution chart, Frasers Property (Thailand) PCL ranks #651 out of 1732 companies in the Real Estate industry, placing it in the top 37.6%.
Is Frasers Property (Thailand) PCL's ROE % too high?
Frasers Property (Thailand) PCL's current ROE % of 13.71% is 179% above median its 10-year median of 4.92. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 9.39. The Real Estate industry median ROE % is 3.97. Frasers Property (Thailand) PCL's value of 13.71% is 245.3% above this industry median. Based on the distribution chart, Frasers Property (Thailand) PCL ranks #651 out of 1732 companies in the Real Estate industry, which is above the industry midpoint. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Frasers Property (Thailand) PCL ranks #651 out of 1732 companies for ROE %. This puts Frasers Property (Thailand) PCL in the upper half of its industry. The industry median ROE % is 3.97. Frasers Property (Thailand) PCL's value of 13.71% is 245.3% above this benchmark. Historically, Frasers Property (Thailand) PCL's own ROE % has ranged from 2.38 to 9.39 over the past decade. While the company's 10-year median is 4.92 vs. the industry median of 3.97, Frasers Property (Thailand) 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 a Real Estate company?
The median ROE % among Real Estate companies is 3.97, based on 1,732 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. Frasers Property (Thailand) PCL's current ROE % of 13.71% is 245.3% 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 Frasers Property (Thailand) PCL and its competitors. For the Real Estate industry, the median ROE % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Property (Thailand) PCL's current ROE % is 13.71%, which is 179% above median its own 10-year median of 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (Thailand) PCL (BKK:FPT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.46, compared to a current price of ฿6.30 — trading 45% below its estimated fair value. The current ROE % is 13.71%, which is 179% above median its 10-year median of 4.92 and 245.3% above the Real Estate industry median of 3.97. Frasers Property (Thailand) PCL's overall GF Score™ is 65/100 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 Frasers Property (Thailand) PCL (BKK:FPT), the current ROE % is 13.71% 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 Frasers Property (Thailand) PCL (BKK:FPT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be undervalued. The current stock price of ฿6.30 is trading 45% below its estimated GF Value™ of ฿11.46. GuruFocus considers Frasers Property (Thailand) PCL to be Possible Value Trap.

Key valuation signals for BKK:FPT:

  • ROE %: 13.71% (179% above median its 10-year median of 4.92)
  • GF Value™: ฿11.46 vs. price of ฿6.30 (45% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 245.3% above the Real Estate median (#651 of 1732)

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


Frasers Property (Thailand) PCL Business Description

Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
65GF Score

Get the complete analysis for BKK:FPT

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

฿6.30
Price
฿11.46
GF Value