MFEC PCL (BKK:MFEC) ROE %: 11.13% (As of Mar. 2026) — Near Median


BKK:MFEC MFEC PCL BKK:MFEC
76 GF Score
Price ฿5.85
GF Value ฿6.01
Valuation Fairly Valued
! 6 Warning Signs
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What is MFEC PCL ROE %?

MFEC PCL BKK:MFEC +0.86% 76 ROE % is 11.13% as of Mar. 2026, which is 4% below its 10-year median of 11.57. GuruFocus rates BKK:MFEC with a GF Score™ of 76/100 and a GF Value™ of ฿6.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,677 Software companies, MFEC PCL ranks better than 62.23% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MFEC PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿293 Mil. MFEC PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿2,637 Mil. Therefore, MFEC PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 11.13%.

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

BKK:MFEC' s ROE % Range Over the Past 10 Years
Min: -9.03   Med: 11.57   Max: 29.84
Current: 9.57

During the past 13 years, MFEC PCL's highest ROE % was 29.84%. The lowest was -9.03%. And the median was 11.57%.

BKK:MFEC's ROE % is ranked better than
62.23% of 2677 companies
in the Software industry
Industry Median: 4.68 vs BKK:MFEC: 9.57

MFEC PCL  (BKK:MFEC) 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
=293.42/2636.8555
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(293.42 / 6584.848)*(6584.848 / 6448.9275)*(6448.9275 / 2636.8555)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.46 %*1.0211*2.4457
=ROA %*Equity Multiplier
=4.55 %*2.4457
=11.13 %

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
=293.42/2636.8555
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (293.42 / 382.232) * (382.232 / 298.412) * (298.412 / 6584.848) * (6584.848 / 6448.9275) * (6448.9275 / 2636.8555)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7676 * 1.2809 * 4.53 % * 1.0211 * 2.4457
=11.13 %

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.


MFEC PCL ROE % Related Terms


MFEC PCL ROE % Historical Data

* Premium members only.

The historical data trend for MFEC 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.

MFEC PCL ROE % Chart

MFEC 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 13.20 11.69 29.84 10.59 9.05

MFEC 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 9.15 5.56 12.07 9.88 11.13

BKK:MFEC vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, MFEC 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.


MFEC PCL ROE % vs Software Industry

For the Software industry and Technology sector, MFEC PCL's ROE % distribution charts can be found below:

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


BKK:MFEC
76GF Score
MFEC PCL BKK:MFEC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MFEC PCL ROE % Calculation

MFEC 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 )
=234.783/( (2604.689+2585.055)/ 2 )
=234.783/2594.872
=9.05 %

MFEC 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 )
=293.42/( (2585.055+2688.656)/ 2 )
=293.42/2636.8555
=11.13 %

* 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 11.13% mean?
MFEC PCL (BKK:MFEC) has a ROE % of 11.13% 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 MFEC PCL and its competitors. This is near median its historical median of 11.57. According to the industry distribution chart, MFEC PCL ranks #1011 out of 2677 companies in the Software industry, placing it in the top 37.8%.
Is MFEC PCL's ROE % too high?
MFEC PCL's current ROE % of 11.13% is near median its 10-year median of 11.57. The Software industry median ROE % is 4.68. MFEC PCL's value of 11.13% is 137.8% above this industry median. Based on the distribution chart, MFEC PCL ranks #1011 out of 2677 companies in the Software industry, which is above the industry midpoint. Overall, MFEC PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFEC PCL's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, MFEC PCL ranks #1011 out of 2677 companies for ROE %. This puts MFEC PCL in the upper half of its industry. The industry median ROE % is 4.68. MFEC PCL's value of 11.13% is 137.8% above this benchmark. While the company's 10-year median is 11.57 vs. the industry median of 4.68, MFEC 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 Software company?
The median ROE % among Software companies is 4.68, based on 2,677 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. MFEC PCL's current ROE % of 11.13% is 137.8% 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 MFEC PCL and its competitors. For the Software industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFEC PCL's current ROE % is 11.13%, which is near median its own 10-year median of 11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFEC PCL stock overvalued right now?
Based on GuruFocus' analysis, MFEC PCL (BKK:MFEC) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.01, compared to a current price of ฿5.85 — trading 2.7% below its estimated fair value. The current ROE % is 11.13%, which is near median its 10-year median of 11.57 and 137.8% above the Software industry median of 4.68. MFEC PCL's overall GF Score™ is 76/100 with 6 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 MFEC PCL (BKK:MFEC), the current ROE % is 11.13% 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 MFEC PCL (BKK:MFEC) Overvalued in 2026?

Based on GuruFocus' analysis, MFEC PCL stock appears to be undervalued. The current stock price of ฿5.85 is trading 2.7% below its estimated GF Value™ of ฿6.01. GuruFocus considers MFEC PCL to be Fairly Valued.

Key valuation signals for BKK:MFEC:

  • ROE %: 11.13% (near median its 10-year median of 11.57)
  • GF Value™: ฿6.01 vs. price of ฿5.85 (2.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 137.8% above the Software median (#1011 of 2677)

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


MFEC PCL Business Description

Address Vibhavadi Rangsit Road, 349 SJ Infinite One Business Complex, Chompol, Chatujak, Bangkok, THA, 10900
MFEC PCL is involved in the sales of computers, computer systems, system implementation, maintenance service program development, and provision of related services. The firm operates in segments, which are IT Professional Services, System Integration, and Maintenance Services and Cloud computing service. Systems Integration involves the process of design, procurement, and implementation of computer systems and IT infrastructures. The majority of its revenue is generated from Maintenance services. Maintenance services include telephone support through help-desk and hotline numbers, remote diagnosis, onsite standby, and troubleshooting.
76GF Score

Get the complete analysis for BKK:MFEC

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

฿5.85
Price
฿6.01
GF Value