Lohakit Metal PCL (BKK:LHK) ROE %: 12.29% (As of Mar. 2026) — 50% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:LHK Lohakit Metal PCL BKK:LHK
77 GF Score
Price ฿3.58
GF Value ฿3.65
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Lohakit Metal PCL ROE %?

Lohakit Metal PCL BKK:LHK 77 ROE % is 12.29% as of Mar. 2026, which is 50% above its 10-year median of 8.19. GuruFocus rates BKK:LHK with a GF Score™ of 77/100 and a GF Value™ of ฿3.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 618 Steel companies, Lohakit Metal PCL ranks better than 69.9% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lohakit Metal PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿169 Mil. Lohakit Metal PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿1,372 Mil. Therefore, Lohakit Metal PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 12.29%.

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

BKK:LHK' s ROE % Range Over the Past 10 Years
Min: 5.81   Med: 8.19   Max: 14.43
Current: 8.64

During the past 13 years, Lohakit Metal PCL's highest ROE % was 14.43%. The lowest was 5.81%. And the median was 8.19%.

BKK:LHK's ROE % is ranked better than
69.9% of 618 companies
in the Steel industry
Industry Median: 4.14 vs BKK:LHK: 8.64

Lohakit Metal PCL  (BKK:LHK) 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
=168.648/1371.965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(168.648 / 3103.932)*(3103.932 / 2075.877)*(2075.877 / 1371.965)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.43 %*1.4952*1.5131
=ROA %*Equity Multiplier
=8.12 %*1.5131
=12.29 %

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
=168.648/1371.965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (168.648 / 272.516) * (272.516 / 277.296) * (277.296 / 3103.932) * (3103.932 / 2075.877) * (2075.877 / 1371.965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6189 * 0.9828 * 8.93 % * 1.4952 * 1.5131
=12.29 %

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.


Lohakit Metal PCL ROE % Related Terms


Lohakit Metal PCL ROE % Historical Data

* Premium members only.

The historical data trend for Lohakit Metal 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.

Lohakit Metal PCL ROE % Chart

Lohakit Metal PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.41 7.43 5.81 7.76 8.62

Lohakit Metal 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 8.21 8.21 6.24 7.87 12.29

BKK:LHK vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Lohakit Metal 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.


Lohakit Metal PCL ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Lohakit Metal PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Lohakit Metal PCL's ROE % falls into.


BKK:LHK
77GF Score
Lohakit Metal PCL BKK:LHK
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lohakit Metal PCL ROE % Calculation

Lohakit Metal PCL's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=119.034/( (1371.659+1391.149)/ 2 )
=119.034/1381.404
=8.62 %

Lohakit Metal 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 )
=168.648/( (1352.781+1391.149)/ 2 )
=168.648/1371.965
=12.29 %

* 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 12.29% mean?
Lohakit Metal PCL (BKK:LHK) has a ROE % of 12.29% 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 Lohakit Metal PCL and its competitors. This is 50% above median its historical median of 8.19. Over the past decade, Lohakit Metal PCL's ROE % has ranged from 5.81 to 14.43. According to the industry distribution chart, Lohakit Metal PCL ranks #186 out of 618 companies in the Steel industry, placing it in the top 30.1%.
Is Lohakit Metal PCL's ROE % too high?
Lohakit Metal PCL's current ROE % of 12.29% is 50% above median its 10-year median of 8.19. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 14.43. The Steel industry median ROE % is 4.14. Lohakit Metal PCL's value of 12.29% is 196.9% above this industry median. Based on the distribution chart, Lohakit Metal PCL ranks #186 out of 618 companies in the Steel industry, which is above the industry midpoint. Overall, Lohakit Metal PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lohakit Metal PCL's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Lohakit Metal PCL ranks #186 out of 618 companies for ROE %. This puts Lohakit Metal PCL in the upper half of its industry. The industry median ROE % is 4.14. Lohakit Metal PCL's value of 12.29% is 196.9% above this benchmark. Historically, Lohakit Metal PCL's own ROE % has ranged from 5.81 to 14.43 over the past decade. While the company's 10-year median is 8.19 vs. the industry median of 4.14, Lohakit Metal 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 Steel company?
The median ROE % among Steel companies is 4.14, based on 618 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. Lohakit Metal PCL's current ROE % of 12.29% is 196.9% 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 Lohakit Metal PCL and its competitors. For the Steel industry, the median ROE % is 4.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lohakit Metal PCL's current ROE % is 12.29%, which is 50% above median its own 10-year median of 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lohakit Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Lohakit Metal PCL (BKK:LHK) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.65, compared to a current price of ฿3.58 — trading 1.9% below its estimated fair value. The current ROE % is 12.29%, which is 50% above median its 10-year median of 8.19 and 196.9% above the Steel industry median of 4.14. Lohakit Metal PCL's overall GF Score™ is 77/100 with 5 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 Lohakit Metal PCL (BKK:LHK), the current ROE % is 12.29% 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 Lohakit Metal PCL (BKK:LHK) Overvalued in 2026?

Based on GuruFocus' analysis, Lohakit Metal PCL stock appears to be undervalued. The current stock price of ฿3.58 is trading 1.9% below its estimated GF Value™ of ฿3.65. GuruFocus considers Lohakit Metal PCL to be Fairly Valued.

Key valuation signals for BKK:LHK:

  • ROE %: 12.29% (50% above median its 10-year median of 8.19)
  • GF Value™: ฿3.65 vs. price of ฿3.58 (1.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 196.9% above the Steel median (#186 of 618)

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


Lohakit Metal PCL Business Description

Address 66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution, and Procurement and Distribution. It generates the majority of its revenues from Production and Distribution.
77GF Score

Get the complete analysis for BKK:LHK

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

฿3.58
Price
฿3.65
GF Value