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Pan Asia Footwear PCLBKK:PAF -1.10%55 ROE % is 8.52% as of Jun. 2026, which is 137% above its 10-year median of 3.59. GuruFocus rates BKK:PAF with a GF Score™ of 55/100 and a GF Value™ of ฿0.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Pan Asia Footwear PCL ranks worse than 53.12% on this metric.
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 (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.
* 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 Footwear & Accessories subindustry, Pan Asia Footwear 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.
Pan Asia Footwear PCL ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Pan Asia Footwear 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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Pan Asia Footwear PCL (BKK:PAF) has a ROE % of 8.52% 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 Pan Asia Footwear PCL and its competitors. This is 137% above median its historical median of 3.59. According to the industry distribution chart, Pan Asia Footwear PCL ranks #545 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.1%.
Is Pan Asia Footwear PCL's ROE % too high?
Pan Asia Footwear PCL's current ROE % of 8.52% is 137% above median its 10-year median of 3.59. The Manufacturing - Apparel & Accessories industry median ROE % is 4.35. Pan Asia Footwear PCL's value of 8.52% is 96.1% above this industry median. Based on the distribution chart, Pan Asia Footwear PCL ranks #545 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Pan Asia Footwear PCL has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pan Asia Footwear PCL's ROE % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pan Asia Footwear PCL ranks #545 out of 1026 companies for ROE %. This places Pan Asia Footwear PCL in the lower half of its industry. The industry median ROE % is 4.35. Pan Asia Footwear PCL's value of 8.52% is 96.1% above this benchmark. While the company's 10-year median is 3.59 vs. the industry median of 4.35, Pan Asia Footwear 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.35, based on 1,026 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. Pan Asia Footwear PCL's current ROE % of 8.52% is 96.1% 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 Pan Asia Footwear PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Asia Footwear PCL's current ROE % is 8.52%, which is 137% above median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Asia Footwear PCL stock overvalued right now?
Based on GuruFocus' analysis, Pan Asia Footwear PCL (BKK:PAF) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.84, compared to a current price of ฿0.90 — trading 7.1% above its estimated fair value. The current ROE % is 8.52%, which is 137% above median its 10-year median of 3.59 and 96.1% above the Manufacturing - Apparel & Accessories industry median of 4.35. Pan Asia Footwear PCL's overall GF Score™ is 55/100 with 8 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 Pan Asia Footwear PCL (BKK:PAF), the current ROE % is 8.52% 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 Pan Asia Footwear PCL (BKK:PAF) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Asia Footwear PCL stock appears to be overvalued.
The current stock price of ฿0.90 is trading 7.1% above its estimated GF Value™ of ฿0.84.
GuruFocus considers Pan Asia Footwear PCL to be Fairly Valued.
Key valuation signals for BKK:PAF:
ROE %: 8.52% (137% above median its 10-year median of 3.59)
GF Value™: ฿0.84 vs. price of ฿0.90 (7.1% above fair value)
Industry Position: 96.1% above the Manufacturing - Apparel & Accessories median (#545 of 1026)
No single metric tells the full story. See the BKK:PAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Asia Footwear PCL is engaged in Organic farming business, Manufacture, distribution and export of footwear and Distribution. Its segments include manufacture and distribution of footwear and bag, manufacture of soles and parts for footwear, Production support business, consisting of plastic parts injection, molds manufacture and repair, fabric manufacture and dyeing, and cutting board and eyelet, The organic farming business and others, and Distribution. It derives the majority of the revenue from manufacture and distribution of footwear and bag segment. It operates in geographical segments by selling both in local and oversea.
55GF Score
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