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 Steel subindustry, Sahamit Machinery 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.
Sahamit Machinery PCL ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Sahamit Machinery 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.
Sahamit Machinery PCL (BKK:SMIT) has a ROE % of 5.77% 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 Sahamit Machinery PCL and its competitors. This is 34% below median its historical median of 8.72. Over the past decade, Sahamit Machinery PCL's ROE % has ranged from 5.20 to 12.08. According to the industry distribution chart, Sahamit Machinery PCL ranks #239 out of 620 companies in the Steel industry, placing it in the top 38.5%.
Is Sahamit Machinery PCL's ROE % too high?
Sahamit Machinery PCL's current ROE % of 5.77% is 34% below median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 5.20 to a high of 12.08. The Steel industry median ROE % is 3.68. Sahamit Machinery PCL's value of 5.77% is 56.8% above this industry median. Based on the distribution chart, Sahamit Machinery PCL ranks #239 out of 620 companies in the Steel industry, which is above the industry midpoint. Overall, Sahamit Machinery PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sahamit Machinery PCL's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Sahamit Machinery PCL ranks #239 out of 620 companies for ROE %. This puts Sahamit Machinery PCL in the upper half of its industry. The industry median ROE % is 3.68. Sahamit Machinery PCL's value of 5.77% is 56.8% above this benchmark. Historically, Sahamit Machinery PCL's own ROE % has ranged from 5.20 to 12.08 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 3.68, Sahamit Machinery 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 Steel company?
The median ROE % among Steel companies is 3.68, based on 620 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. Sahamit Machinery PCL's current ROE % of 5.77% is 56.8% 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 Sahamit Machinery PCL and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahamit Machinery PCL's current ROE % is 5.77%, which is 34% below median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahamit Machinery PCL stock overvalued right now?
Based on GuruFocus' analysis, Sahamit Machinery PCL (BKK:SMIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.61, compared to a current price of ฿3.48 — trading 3.6% below its estimated fair value. The current ROE % is 5.77%, which is 34% below median its 10-year median of 8.72 and 56.8% above the Steel industry median of 3.68. Sahamit Machinery PCL's overall GF Score™ is 68/100 with 3 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 Sahamit Machinery PCL (BKK:SMIT), the current ROE % is 5.77% 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 Sahamit Machinery PCL (BKK:SMIT) Overvalued in 2026?
Based on GuruFocus' analysis, Sahamit Machinery PCL stock appears to be undervalued.
The current stock price of ฿3.48 is trading 3.6% below its estimated GF Value™ of ฿3.61.
GuruFocus considers Sahamit Machinery PCL to be Fairly Valued.
Key valuation signals for BKK:SMIT:
ROE %: 5.77% (34% below median its 10-year median of 8.72)
GF Value™: ฿3.61 vs. price of ฿3.48 (3.6% below fair value)
Industry Position: 56.8% above the Steel median (#239 of 620)
No single metric tells the full story. See the BKK:SMIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. The company mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.
68GF Score
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