NAT Absolute Technologies PCL (BKK:NAT) ROE %: -5.21% (As of Jun. 2026)

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:NAT NAT Absolute Technologies PCL BKK:NAT
42 GF Score
Price ฿1.55
GF Value ฿1.43
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is NAT Absolute Technologies PCL ROE %?

NAT Absolute Technologies PCL BKK:NAT -0.64% 42 ROE % is -5.21% as of Jun. 2026. GuruFocus rates BKK:NAT with a GF Score™ of 42/100 and a GF Value™ of ฿1.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,692 Software companies, NAT Absolute Technologies PCL ranks worse than 62.89% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NAT Absolute Technologies PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿-34.4 Mil. NAT Absolute Technologies PCL's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ฿660.8 Mil. Therefore, NAT Absolute Technologies PCL's annualized ROE % for the quarter that ended in Jun. 2026 was -5.21%.

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

BKK:NAT' s ROE % Range Over the Past 10 Years
Min: -0.58   Med: 41.39   Max: 125.08
Current: -0.58

During the past 5 years, NAT Absolute Technologies PCL's highest ROE % was 125.08%. The lowest was -0.58%. And the median was 41.39%.

BKK:NAT's ROE % is ranked worse than
62.89% of 2692 companies
in the Software industry
Industry Median: 4.93 vs BKK:NAT: -0.58

NAT Absolute Technologies PCL  (BKK:NAT) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-34.424/660.8025
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-34.424 / 785.264)*(785.264 / 853.826)*(853.826 / 660.8025)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.38 %*0.9197*1.2921
=ROA %*Equity Multiplier
=-4.03 %*1.2921
=-5.21 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-34.424/660.8025
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-34.424 / -28.2) * (-28.2 / -27.004) * (-27.004 / 785.264) * (785.264 / 853.826) * (853.826 / 660.8025)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2207 * 1.0443 * -3.44 % * 0.9197 * 1.2921
=-5.21 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


NAT Absolute Technologies PCL ROE % Related Terms


NAT Absolute Technologies PCL ROE % Historical Data

* Premium members only.

The historical data trend for NAT Absolute Technologies 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.

NAT Absolute Technologies PCL ROE % Chart

NAT Absolute Technologies PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
41.39 125.08 92.55 38.94 0.49

NAT Absolute Technologies PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.15 1.47 0.03 1.34 -5.21

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

For the Information Technology Services subindustry, NAT Absolute Technologies 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.


NAT Absolute Technologies PCL ROE % vs Software Industry

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

* The bar in red indicates where NAT Absolute Technologies PCL's ROE % falls into.


BKK:NAT
42GF Score
NAT Absolute Technologies PCL BKK:NAT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NAT Absolute Technologies PCL ROE % Calculation

NAT Absolute Technologies 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 )
=3.363/( (717.455+660.472)/ 2 )
=3.363/688.9635
=0.49 %

NAT Absolute Technologies PCL's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=-34.424/( (665.105+656.5)/ 2 )
=-34.424/660.8025
=-5.21 %

* 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 (Jun. 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 -5.21% mean?
NAT Absolute Technologies PCL (BKK:NAT) has a ROE % of -5.21% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on NAT Absolute Technologies PCL and its competitors. According to the industry distribution chart, NAT Absolute Technologies PCL ranks #1693 out of 2692 companies in the Software industry, placing it in the top 62.9%.
Is NAT Absolute Technologies PCL's ROE % too high?
NAT Absolute Technologies PCL's current ROE % is -5.21%. Based on the distribution chart, NAT Absolute Technologies PCL ranks #1693 out of 2692 companies in the Software industry, which is below the industry midpoint. Overall, NAT Absolute Technologies PCL has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NAT Absolute Technologies PCL's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, NAT Absolute Technologies PCL ranks #1693 out of 2692 companies for ROE %. This places NAT Absolute Technologies PCL in the lower half of its industry. The industry median ROE % is 4.93. 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 4.93, based on 2,692 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. 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 NAT Absolute Technologies PCL and its competitors. For the Software industry, the median ROE % is 4.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAT Absolute Technologies PCL's current ROE % is -5.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAT Absolute Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, NAT Absolute Technologies PCL (BKK:NAT) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.43, compared to a current price of ฿1.55 — trading 8.4% above its estimated fair value. The current ROE % is -5.21%. NAT Absolute Technologies PCL's overall GF Score™ is 42/100 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 NAT Absolute Technologies PCL (BKK:NAT), the current ROE % is -5.21% as of Jun. 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 NAT Absolute Technologies PCL (BKK:NAT) Overvalued in 2026?

Based on GuruFocus' analysis, NAT Absolute Technologies PCL stock appears to be overvalued. The current stock price of ฿1.55 is trading 8.4% above its estimated GF Value™ of ฿1.43. GuruFocus considers NAT Absolute Technologies PCL to be Fairly Valued.

Key valuation signals for BKK:NAT:

  • ROE %: -5.21%
  • GF Value™: ฿1.43 vs. price of ฿1.55 (8.4% above fair value)
  • GF Score™: 42/100 with 5 warning signs

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


NAT Absolute Technologies PCL Business Description

Address Ratchadaphisek Road, 89 AIA Capital Center Building, Room 908, 9th Floor, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400
NAT Absolute Technologies PCL is engaged in information and communication technology services in Thailand. The company provides consulting services, design, procurement and distribution of equipment ready for installation, including providing contract system installation services related to information and communication technology systems (Information and Communication Technology System Integration).
42GF Score

Get the complete analysis for BKK:NAT

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

฿1.55
Price
฿1.43
GF Value