Global Power Synergy PCL (BKK:GPSC) ROE %: 6.53% (As of Mar. 2026) — Near Median


BKK:GPSC Global Power Synergy PCL BKK:GPSC
69 GF Score
Price ฿49.25
GF Value ฿34.91
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Global Power Synergy PCL ROE %?

Global Power Synergy PCL BKK:GPSC +2.07% 69 ROE % is 6.53% as of Mar. 2026, which is 1% above its 10-year median of 6.49. GuruFocus rates BKK:GPSC with a GF Score™ of 69/100 and a GF Value™ of ฿34.91 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 503 Utilities - Regulated companies, Global Power Synergy PCL ranks worse than 64.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Global Power Synergy PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿6,877 Mil. Global Power Synergy PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿105,293 Mil. Therefore, Global Power Synergy PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 6.53%.

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

BKK:GPSC' s ROE % Range Over the Past 10 Years
Min: 0.84   Med: 6.49   Max: 8.55
Current: 6.5

During the past 13 years, Global Power Synergy PCL's highest ROE % was 8.55%. The lowest was 0.84%. And the median was 6.49%.

BKK:GPSC's ROE % is ranked worse than
64.02% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.68 vs BKK:GPSC: 6.50

Global Power Synergy PCL  (BKK:GPSC) 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
=6877.392/105293.1125
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6877.392 / 66561.992)*(66561.992 / 262623.53)*(262623.53 / 105293.1125)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.33 %*0.2535*2.4942
=ROA %*Equity Multiplier
=2.62 %*2.4942
=6.53 %

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
=6877.392/105293.1125
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6877.392 / 6632.732) * (6632.732 / 7568.48) * (7568.48 / 66561.992) * (66561.992 / 262623.53) * (262623.53 / 105293.1125)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0369 * 0.8764 * 11.37 % * 0.2535 * 2.4942
=6.53 %

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.


Global Power Synergy PCL ROE % Related Terms


Global Power Synergy PCL ROE % Historical Data

* Premium members only.

The historical data trend for Global Power Synergy 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.

Global Power Synergy PCL ROE % Chart

Global Power Synergy 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 6.93 0.84 3.50 3.80 6.04

Global Power Synergy 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 4.22 7.43 6.41 5.63 6.53

BKK:GPSC vs NEE, SO, DUK: ROE % Comparison

For the Utilities - Regulated Electric subindustry, Global Power Synergy 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.


Global Power Synergy PCL ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Global Power Synergy PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Global Power Synergy PCL's ROE % falls into.


BKK:GPSC
69GF Score
Global Power Synergy PCL BKK:GPSC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Power Synergy PCL ROE % Calculation

Global Power Synergy 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 )
=6399.003/( (107557.6+104406.315)/ 2 )
=6399.003/105981.9575
=6.04 %

Global Power Synergy 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 )
=6877.392/( (104406.315+106179.91)/ 2 )
=6877.392/105293.1125
=6.53 %

* 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 6.53% mean?
Global Power Synergy PCL (BKK:GPSC) has a ROE % of 6.53% 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 Global Power Synergy PCL and its competitors. This is near median its historical median of 6.49. Over the past decade, Global Power Synergy PCL's ROE % has ranged from 0.84 to 8.55. According to the industry distribution chart, Global Power Synergy PCL ranks #322 out of 503 companies in the Utilities - Regulated industry, placing it in the top 64%.
Is Global Power Synergy PCL's ROE % too high?
Global Power Synergy PCL's current ROE % of 6.53% is near median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 8.55. The Utilities - Regulated industry median ROE % is 8.68. Global Power Synergy PCL's value of 6.53% is 24.8% below this industry median. Based on the distribution chart, Global Power Synergy PCL ranks #322 out of 503 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Global Power Synergy PCL has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Power Synergy PCL's ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Global Power Synergy PCL ranks #322 out of 503 companies for ROE %. This places Global Power Synergy PCL in the lower half of its industry. The industry median ROE % is 8.68. Global Power Synergy PCL's value of 6.53% is 24.8% below this benchmark. Historically, Global Power Synergy PCL's own ROE % has ranged from 0.84 to 8.55 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 8.68, Global Power Synergy PCL has consistently been below 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 Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.68, based on 503 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. Global Power Synergy PCL's current ROE % of 6.53% is 24.8% below 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 Global Power Synergy PCL and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Power Synergy PCL's current ROE % is 6.53%, which is near median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Power Synergy PCL stock overvalued right now?
Based on GuruFocus' analysis, Global Power Synergy PCL (BKK:GPSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿34.91, compared to a current price of ฿49.25 — trading 41.1% above its estimated fair value. The current ROE % is 6.53%, which is near median its 10-year median of 6.49 and 24.8% below the Utilities - Regulated industry median of 8.68. Global Power Synergy PCL's overall GF Score™ is 69/100 with 10 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 Global Power Synergy PCL (BKK:GPSC), the current ROE % is 6.53% 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 Global Power Synergy PCL (BKK:GPSC) Overvalued in 2026?

Based on GuruFocus' analysis, Global Power Synergy PCL stock appears to be overvalued. The current stock price of ฿49.25 is trading 41.1% above its estimated GF Value™ of ฿34.91. GuruFocus considers Global Power Synergy PCL to be Significantly Overvalued.

Key valuation signals for BKK:GPSC:

  • ROE %: 6.53% (near median its 10-year median of 6.49)
  • GF Value™: ฿34.91 vs. price of ฿49.25 (41.1% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 24.8% below the Utilities - Regulated median (#322 of 503)

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


Global Power Synergy PCL Business Description

Other Exchanges GPSC-F:Thailand
Address Vibhavadi-Rangsit Road, No.555/2, Energy Complex, Building B, 5th Floor, Chatuchak, Bangkok, THA, 10900
Global Power Synergy PCL is a utility company with ownership stakes in the Southeast Asian energy production industry. The company's principal businesses are the production and distribution of electricity, steam, and water for industrial use to government and industrial customers. It controls a portfolio of power plants, including solar and cogeneration facilities, through its subsidiary, associate, and joint venture companies. The company segments its operations into Independent Power Producer (IPP), Small Power Producer (SPP), and Others, and it earns maximum revenue from the Small Power Producer (SPP) segment.
69GF Score

Get the complete analysis for BKK:GPSC

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

฿49.25
Price
฿34.91
GF Value