Saha Pathanapibul PCL (BKK:SPC) ROE %: 8.31% (As of Mar. 2026) — 14% Below Median


BKK:SPC Saha Pathanapibul PCL BKK:SPC
81 GF Score
Price ฿55.25
GF Value ฿60.52
Valuation Fairly Valued
! 3 Warning Signs
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What is Saha Pathanapibul PCL ROE %?

Saha Pathanapibul PCL BKK:SPC -0.45% 81 ROE % is 8.31% as of Mar. 2026, which is 14% below its 10-year median of 9.61. GuruFocus rates BKK:SPC with a GF Score™ of 81/100 and a GF Value™ of ฿60.52 (Fairly Valued). The stock has 3 warning signs investors should review. Among 306 Retail - Defensive companies, Saha Pathanapibul PCL ranks worse than 57.19% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saha Pathanapibul PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿2,399 Mil. Saha Pathanapibul PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿28,878 Mil. Therefore, Saha Pathanapibul PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 8.31%.

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

BKK:SPC' s ROE % Range Over the Past 10 Years
Min: 6.74   Med: 9.61   Max: 10.55
Current: 7.08

During the past 13 years, Saha Pathanapibul PCL's highest ROE % was 10.55%. The lowest was 6.74%. And the median was 9.61%.

BKK:SPC's ROE % is ranked worse than
57.19% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.53 vs BKK:SPC: 7.08

Saha Pathanapibul PCL  (BKK:SPC) 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
=2398.652/28877.8495
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2398.652 / 38194.224)*(38194.224 / 38761.995)*(38761.995 / 28877.8495)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.28 %*0.9854*1.3423
=ROA %*Equity Multiplier
=6.19 %*1.3423
=8.31 %

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
=2398.652/28877.8495
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2398.652 / 3108.072) * (3108.072 / 2860.308) * (2860.308 / 38194.224) * (38194.224 / 38761.995) * (38761.995 / 28877.8495)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7717 * 1.0866 * 7.49 % * 0.9854 * 1.3423
=8.31 %

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.


Saha Pathanapibul PCL ROE % Related Terms


Saha Pathanapibul PCL ROE % Historical Data

* Premium members only.

The historical data trend for Saha Pathanapibul 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.

Saha Pathanapibul PCL ROE % Chart

Saha Pathanapibul 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 7.38 6.74 8.82 10.16 9.56

Saha Pathanapibul 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 9.82 11.92 -1.54 9.69 8.31

BKK:SPC vs SYY, USFD, PFGC: ROE % Comparison

For the Food Distribution subindustry, Saha Pathanapibul 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.


Saha Pathanapibul PCL ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Saha Pathanapibul PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Saha Pathanapibul PCL's ROE % falls into.


BKK:SPC
81GF Score
Saha Pathanapibul PCL BKK:SPC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saha Pathanapibul PCL ROE % Calculation

Saha Pathanapibul 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 )
=2652.795/( (27091.818+28418.614)/ 2 )
=2652.795/27755.216
=9.56 %

Saha Pathanapibul 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 )
=2398.652/( (28418.614+29337.085)/ 2 )
=2398.652/28877.8495
=8.31 %

* 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 8.31% mean?
Saha Pathanapibul PCL (BKK:SPC) has a ROE % of 8.31% 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 Saha Pathanapibul PCL and its competitors. This is 14% below median its historical median of 9.61. Over the past decade, Saha Pathanapibul PCL's ROE % has ranged from 6.74 to 10.55. According to the industry distribution chart, Saha Pathanapibul PCL ranks #175 out of 306 companies in the Retail - Defensive industry, placing it in the top 57.2%.
Is Saha Pathanapibul PCL's ROE % too high?
Saha Pathanapibul PCL's current ROE % of 8.31% is 14% below median its 10-year median of 9.61. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 10.55. The Retail - Defensive industry median ROE % is 8.53. Saha Pathanapibul PCL's value of 8.31% is 2.6% below this industry median. Based on the distribution chart, Saha Pathanapibul PCL ranks #175 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Saha Pathanapibul PCL has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathanapibul PCL's ROE % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Saha Pathanapibul PCL ranks #175 out of 306 companies for ROE %. This places Saha Pathanapibul PCL in the lower half of its industry. The industry median ROE % is 8.53. Saha Pathanapibul PCL's value of 8.31% is 2.6% below this benchmark. Historically, Saha Pathanapibul PCL's own ROE % has ranged from 6.74 to 10.55 over the past decade. While the company's 10-year median is 9.61 vs. the industry median of 8.53, Saha Pathanapibul PCL has consistently been below 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.53, based on 306 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. Saha Pathanapibul PCL's current ROE % of 8.31% is 2.6% below 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 Saha Pathanapibul PCL and its competitors. For the Retail - Defensive industry, the median ROE % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saha Pathanapibul PCL's current ROE % is 8.31%, which is 14% below median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathanapibul PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathanapibul PCL (BKK:SPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿60.52, compared to a current price of ฿55.25 — trading 8.7% below its estimated fair value. The current ROE % is 8.31%, which is 14% below median its 10-year median of 9.61 and 2.6% below the Retail - Defensive industry median of 8.53. Saha Pathanapibul PCL's overall GF Score™ is 81/100 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 Saha Pathanapibul PCL (BKK:SPC), the current ROE % is 8.31% 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 Saha Pathanapibul PCL (BKK:SPC) Overvalued in 2026?

Based on GuruFocus' analysis, Saha Pathanapibul PCL stock appears to be undervalued. The current stock price of ฿55.25 is trading 8.7% below its estimated GF Value™ of ฿60.52. GuruFocus considers Saha Pathanapibul PCL to be Fairly Valued.

Key valuation signals for BKK:SPC:

  • ROE %: 8.31% (14% below median its 10-year median of 9.61)
  • GF Value™: ฿60.52 vs. price of ฿55.25 (8.7% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 2.6% below the Retail - Defensive median (#175 of 306)

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


Saha Pathanapibul PCL Business Description

Address 2156 New Petchburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
Saha Pathanapibul PCL is a Thailand-based company, engaged in the business of consumer goods distribution and property development. In addition, the company along with its subsidiaries is also involved in the business of investing in real estate and services, and office building for rent. The company operates in two reportable segments as follows: Sales of consumer products; and Office building for rent. It generates the majority of the revenue from the sales of consumer products segment. It distributes products range which includes food, beverages, household, and personal care products. The group operates its business activities in Thailand and internationally.
81GF Score

Get the complete analysis for BKK:SPC

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

฿55.25
Price
฿60.52
GF Value