Siam City Cement PCL (BKK:SCCC) ROE %: 16.56% (As of Mar. 2026) — 64% Above Median


BKK:SCCC Siam City Cement PCL BKK:SCCC
77 GF Score
Price ฿146.50
GF Value ฿159.15
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Siam City Cement PCL ROE %?

Siam City Cement PCL BKK:SCCC +0.69% 77 ROE % is 16.56% as of Mar. 2026, which is 64% above its 10-year median of 10.12. GuruFocus rates BKK:SCCC with a GF Score™ of 77/100 and a GF Value™ of ฿159.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 404 Building Materials companies, Siam City Cement PCL ranks better than 77.23% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Siam City Cement PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿5,511 Mil. Siam City Cement PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿33,285 Mil. Therefore, Siam City Cement PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 16.56%.

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

BKK:SCCC' s ROE % Range Over the Past 10 Years
Min: 5.23   Med: 10.12   Max: 17.58
Current: 11.51

During the past 13 years, Siam City Cement PCL's highest ROE % was 17.58%. The lowest was 5.23%. And the median was 10.12%.

BKK:SCCC's ROE % is ranked better than
77.23% of 404 companies
in the Building Materials industry
Industry Median: 4.335 vs BKK:SCCC: 11.51

Siam City Cement PCL  (BKK:SCCC) 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
=5511.18/33284.876
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5511.18 / 54046.3)*(54046.3 / 78006.9465)*(78006.9465 / 33284.876)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.2 %*0.6928*2.3436
=ROA %*Equity Multiplier
=7.07 %*2.3436
=16.56 %

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
=5511.18/33284.876
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5511.18 / 7744.168) * (7744.168 / 7780.476) * (7780.476 / 54046.3) * (54046.3 / 78006.9465) * (78006.9465 / 33284.876)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7117 * 0.9953 * 14.4 % * 0.6928 * 2.3436
=16.56 %

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.


Siam City Cement PCL ROE % Related Terms


Siam City Cement PCL ROE % Historical Data

* Premium members only.

The historical data trend for Siam City Cement 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.

Siam City Cement PCL ROE % Chart

Siam City Cement 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 11.95 5.23 8.10 15.92 10.44

Siam City Cement 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 11.67 11.21 11.13 7.51 16.56

BKK:SCCC vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Siam City Cement 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.


Siam City Cement PCL ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Siam City Cement PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Siam City Cement PCL's ROE % falls into.


BKK:SCCC
77GF Score
Siam City Cement PCL BKK:SCCC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam City Cement PCL ROE % Calculation

Siam City Cement 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 )
=3493.465/( (34698.266+32198.539)/ 2 )
=3493.465/33448.4025
=10.44 %

Siam City Cement 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 )
=5511.18/( (32198.539+34371.213)/ 2 )
=5511.18/33284.876
=16.56 %

* 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 16.56% mean?
Siam City Cement PCL (BKK:SCCC) has a ROE % of 16.56% 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 Siam City Cement PCL and its competitors. This is 64% above median its historical median of 10.12. Over the past decade, Siam City Cement PCL's ROE % has ranged from 5.23 to 17.58. According to the industry distribution chart, Siam City Cement PCL ranks #92 out of 404 companies in the Building Materials industry, placing it in the top 22.8%.
Is Siam City Cement PCL's ROE % too high?
Siam City Cement PCL's current ROE % of 16.56% is 64% above median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 17.58. The Building Materials industry median ROE % is 4.34. Siam City Cement PCL's value of 16.56% is 282% above this industry median. Based on the distribution chart, Siam City Cement PCL ranks #92 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Siam City Cement PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam City Cement PCL's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Siam City Cement PCL ranks #92 out of 404 companies for ROE %. This places Siam City Cement PCL in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 4.34. Siam City Cement PCL's value of 16.56% is 282% above this benchmark. Historically, Siam City Cement PCL's own ROE % has ranged from 5.23 to 17.58 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 4.34, Siam City Cement 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 Building Materials company?
The median ROE % among Building Materials companies is 4.34, based on 404 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. Siam City Cement PCL's current ROE % of 16.56% is 282% 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 Siam City Cement PCL and its competitors. For the Building Materials industry, the median ROE % is 4.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam City Cement PCL's current ROE % is 16.56%, which is 64% above median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam City Cement PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam City Cement PCL (BKK:SCCC) is currently considered Fairly Valued. The stock's GF Value™ is ฿159.15, compared to a current price of ฿146.50 — trading 7.9% below its estimated fair value. The current ROE % is 16.56%, which is 64% above median its 10-year median of 10.12 and 282% above the Building Materials industry median of 4.34. Siam City Cement PCL's overall GF Score™ is 77/100 with 4 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 Siam City Cement PCL (BKK:SCCC), the current ROE % is 16.56% 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 Siam City Cement PCL (BKK:SCCC) Overvalued in 2026?

Based on GuruFocus' analysis, Siam City Cement PCL stock appears to be undervalued. The current stock price of ฿146.50 is trading 7.9% below its estimated GF Value™ of ฿159.15. GuruFocus considers Siam City Cement PCL to be Fairly Valued.

Key valuation signals for BKK:SCCC:

  • ROE %: 16.56% (64% above median its 10-year median of 10.12)
  • GF Value™: ฿159.15 vs. price of ฿146.50 (7.9% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 282% above the Building Materials median (#92 of 404)

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


Siam City Cement PCL Business Description

Other Exchanges TSCD:Singapore
Address Ratchadapisek Road, 199, 3rd, 10th - 12th Floor, Column Tower, Klongtoey, Bangkok, THA, 10110
Siam City Cement PCL is a Thailand-based company that produces cement-based building materials, wood replacement products, and lightweight concrete blocks through its subsidiaries. The company is composed of five segments: Cement, Concrete & Aggregate, Waste management and Industrial services, Light Building Materials, and Energy. It generates the majority of its revenue from the Cement segment. It sells various cement types, namely Portland, Hydraulic, Mixed, and Masonry, that serve various building, bricklaying, and plastering purposes.
77GF Score

Get the complete analysis for BKK:SCCC

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

฿146.50
Price
฿159.15
GF Value