Metro Systems PCL (BKK:MSC-R) ROE %: 14.25% (As of Mar. 2026) — 21% Above Median


BKK:MSC-R Metro Systems Corp PCL BKK:MSC-R
66 GF Score
Price ฿7.70
GF Value ฿9.39
! 7 Warning Signs
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What is Metro Systems PCL ROE %?

Metro Systems PCL BKK:MSC-R 66 ROE % is 14.25% as of Mar. 2026, which is 21% above its 10-year median of 11.82. GuruFocus rates BKK:MSC-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.39. The stock has 7 warning signs investors should review. Among 2,423 Hardware companies, Metro Systems PCL ranks better than 54.85% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Metro Systems PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿329 Mil. Metro Systems PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿2,310 Mil. Therefore, Metro Systems PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 14.25%.

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

BKK:MSC-R' s ROE % Range Over the Past 10 Years
Min: 5.89   Med: 11.82   Max: 15.77
Current: 5.89

During the past 13 years, Metro Systems PCL's highest ROE % was 15.77%. The lowest was 5.89%. And the median was 11.82%.

BKK:MSC-R's ROE % is ranked better than
54.85% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs BKK:MSC-R: 5.89

Metro Systems PCL  (BKK:MSC-R) 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
=329.132/2310.1275
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(329.132 / 9633.56)*(9633.56 / 4535.7355)*(4535.7355 / 2310.1275)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.42 %*2.1239*1.9634
=ROA %*Equity Multiplier
=7.26 %*1.9634
=14.25 %

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
=329.132/2310.1275
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (329.132 / 418.8) * (418.8 / 449.384) * (449.384 / 9633.56) * (9633.56 / 4535.7355) * (4535.7355 / 2310.1275)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7859 * 0.9319 * 4.66 % * 2.1239 * 1.9634
=14.25 %

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.


Metro Systems PCL ROE % Related Terms


Metro Systems PCL ROE % Historical Data

* Premium members only.

The historical data trend for Metro Systems 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.

Metro Systems PCL ROE % Chart

Metro Systems 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 10.22 12.10 13.30 11.39 7.44

Metro Systems 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 19.85 3.29 3.39 2.69 14.25

BKK:MSC-R vs SNX, ARW, AVT: ROE % Comparison

For the Electronics & Computer Distribution subindustry, Metro Systems 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.


Metro Systems PCL ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Metro Systems PCL's ROE % distribution charts can be found below:

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


BKK:MSC-R
66GF Score
Metro Systems Corp PCL BKK:MSC-R
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Systems PCL ROE % Calculation

Metro Systems 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 )
=169.257/( (2279.726+2268.986)/ 2 )
=169.257/2274.356
=7.44 %

Metro Systems 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 )
=329.132/( (2268.986+2351.269)/ 2 )
=329.132/2310.1275
=14.25 %

* 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 14.25% mean?
Metro Systems PCL (BKK:MSC-R) has a ROE % of 14.25% 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 Metro Systems PCL and its competitors. This is 21% above median its historical median of 11.82. Over the past decade, Metro Systems PCL's ROE % has ranged from 5.89 to 15.77. According to the industry distribution chart, Metro Systems PCL ranks #1094 out of 2423 companies in the Hardware industry, placing it in the top 45.2%.
Is Metro Systems PCL's ROE % too high?
Metro Systems PCL's current ROE % of 14.25% is 21% above median its 10-year median of 11.82. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 15.77. The Hardware industry median ROE % is 4.61. Metro Systems PCL's value of 14.25% is 209.1% above this industry median. Based on the distribution chart, Metro Systems PCL ranks #1094 out of 2423 companies in the Hardware industry, which is above the industry midpoint. Overall, Metro Systems PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Metro Systems PCL's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, Metro Systems PCL ranks #1094 out of 2423 companies for ROE %. This puts Metro Systems PCL in the upper half of its industry. The industry median ROE % is 4.61. Metro Systems PCL's value of 14.25% is 209.1% above this benchmark. Historically, Metro Systems PCL's own ROE % has ranged from 5.89 to 15.77 over the past decade. While the company's 10-year median is 11.82 vs. the industry median of 4.61, Metro Systems 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 Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 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. Metro Systems PCL's current ROE % of 14.25% is 209.1% 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 Metro Systems PCL and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Systems PCL's current ROE % is 14.25%, which is 21% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Systems PCL stock overvalued right now?
Metro Systems PCL (BKK:MSC-R) has a current ROE % of 14.25%. The stock's GF Value™ is ฿9.39, compared to a current price of ฿7.70 — trading 18% below its estimated fair value. The current ROE % is 14.25%, which is 21% above median its 10-year median of 11.82 and 209.1% above the Hardware industry median of 4.61. Metro Systems PCL's overall GF Score™ is 66/100 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 Metro Systems PCL (BKK:MSC-R), the current ROE % is 14.25% 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 Metro Systems PCL (BKK:MSC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Systems PCL stock appears to be undervalued. The current stock price of ฿7.70 is trading 18% below its estimated GF Value™ of ฿9.39.

Key valuation signals for BKK:MSC-R:

  • ROE %: 14.25% (21% above median its 10-year median of 11.82)
  • GF Value™: ฿9.39 vs. price of ฿7.70 (18% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 209.1% above the Hardware median (#1094 of 2423)

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


Metro Systems PCL Business Description

Other Exchanges MSC:Thailand
Address 400 Chalermprakiat Rama IX Road, Nong Bon Subdistrict, Prawet District, Bangkok, THA, 10250
Metro Systems Corp PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in trading computers and equipment, software, supplies, office equipment, and related services. It operates in four segments namely Sales computers and equipment, Sales and installation software, Sales supplies and office equipment, and Rental and other services. It derives key revenue from the Sales and installation software. Some of its product includes Systems and servers, Supplies and peripherals, E-Business Solution, Software, and Services.
66GF Score

Get the complete analysis for BKK:MSC-R

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

฿7.70
Price
฿9.39
GF Value