Muangthai Capital PCLBKK:MTC +1.63%52 ROE % is 16.60% as of Mar. 2026, which is 27% below its 10-year median of 22.72. GuruFocus rates BKK:MTC with a GF Score™ of 52/100 and a GF Value™ of ฿52.05 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 529 Credit Services companies, Muangthai Capital PCL ranks better than 83.93% on this metric.
The historical rank and industry rank for Muangthai Capital PCL's ROE % or its related term are showing as below:
BKK:MTC'
s ROE % Range Over the Past 10 Years
Min: 16.08 Med: 22.72 Max: 34.96
Current: 16.84
During the past 13 years, Muangthai Capital PCL's highest ROE % was 34.96%. The lowest was 16.08%. And the median was 22.72%.
BKK:MTC's ROE % is ranked better than 83.93% of 529
companies
in the Credit Services industry
Industry Median: 6.61
vs BKK:MTC: 16.84
Muangthai Capital PCL (BKK:MTC) 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:
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.
* 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.
For the Credit Services subindustry, Muangthai Capital 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.
Muangthai Capital PCL ROE % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Muangthai Capital PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Muangthai Capital PCL's ROE % falls into.
* 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.
Muangthai Capital PCL (BKK:MTC) has a ROE % of 16.60% 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 Muangthai Capital PCL and its competitors. This is 27% below median its historical median of 22.72. Over the past decade, Muangthai Capital PCL's ROE % has ranged from 16.08 to 34.96. According to the industry distribution chart, Muangthai Capital PCL ranks #85 out of 529 companies in the Credit Services industry, placing it in the top 16.1%.
Is Muangthai Capital PCL's ROE % too high?
Muangthai Capital PCL's current ROE % of 16.60% is 27% below median its 10-year median of 22.72. Over the past 10 years, this metric has ranged from a low of 16.08 to a high of 34.96. The Credit Services industry median ROE % is 6.61. Muangthai Capital PCL's value of 16.60% is 151.1% above this industry median. Based on the distribution chart, Muangthai Capital PCL ranks #85 out of 529 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Muangthai Capital PCL has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muangthai Capital PCL's ROE % compare to V and MA?
According to the Credit Services industry distribution chart, Muangthai Capital PCL ranks #85 out of 529 companies for ROE %. This places Muangthai Capital PCL in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 6.61. Muangthai Capital PCL's value of 16.60% is 151.1% above this benchmark. Historically, Muangthai Capital PCL's own ROE % has ranged from 16.08 to 34.96 over the past decade. While the company's 10-year median is 22.72 vs. the industry median of 6.61, Muangthai Capital 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 Credit Services company?
The median ROE % among Credit Services companies is 6.61, based on 529 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. Muangthai Capital PCL's current ROE % of 16.60% is 151.1% 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 Muangthai Capital PCL and its competitors. For the Credit Services industry, the median ROE % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muangthai Capital PCL's current ROE % is 16.60%, which is 27% below median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muangthai Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, Muangthai Capital PCL (BKK:MTC) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿52.05, compared to a current price of ฿31.25 — trading 40% below its estimated fair value. The current ROE % is 16.60%, which is 27% below median its 10-year median of 22.72 and 151.1% above the Credit Services industry median of 6.61. Muangthai Capital PCL's overall GF Score™ is 52/100 with 2 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 Muangthai Capital PCL (BKK:MTC), the current ROE % is 16.60% 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 Muangthai Capital PCL (BKK:MTC) Overvalued in 2026?
Based on GuruFocus' analysis, Muangthai Capital PCL stock appears to be undervalued.
The current stock price of ฿31.25 is trading 40% below its estimated GF Value™ of ฿52.05.
GuruFocus considers Muangthai Capital PCL to be Significantly Undervalued.
Key valuation signals for BKK:MTC:
ROE %: 16.60% (27% below median its 10-year median of 22.72)
GF Value™: ฿52.05 vs. price of ฿31.25 (40% below fair value)
Industry Position: 151.1% above the Credit Services median (#85 of 529)
No single metric tells the full story. See the BKK:MTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Muangthai Capital PCL mainly provides loans to consumers in Thailand. The company is principally engaged in providing loans secured against vehicle registrations, land title deeds loans, personal loans without collateral, and nano finance under supervision as well as providing hire purchase service, installment loans, and insurance broker.
52GF Score
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