Golden Lime PCL (BKK:SUTHA) ROE %: 15.33% (As of Mar. 2026) — 57% Above Median

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BKK:SUTHA Golden Lime PCL BKK:SUTHA
65 GF Score
Price ฿2.72
GF Value ฿2.40
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Golden Lime PCL ROE %?

Golden Lime PCL BKK:SUTHA +1.49% 65 ROE % is 15.33% as of Mar. 2026, which is 57% above its 10-year median of 9.79. GuruFocus rates BKK:SUTHA with a GF Score™ of 65/100 and a GF Value™ of ฿2.40 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,583 Chemicals companies, Golden Lime PCL ranks worse than 73.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Golden Lime PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿153 Mil. Golden Lime PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿996 Mil. Therefore, Golden Lime PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 15.33%.

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

BKK:SUTHA' s ROE % Range Over the Past 10 Years
Min: -0.91   Med: 9.79   Max: 37.77
Current: -0.07

During the past 13 years, Golden Lime PCL's highest ROE % was 37.77%. The lowest was -0.91%. And the median was 9.79%.

BKK:SUTHA's ROE % is ranked worse than
73.34% of 1583 companies
in the Chemicals industry
Industry Median: 5.24 vs BKK:SUTHA: -0.07

Golden Lime PCL  (BKK:SUTHA) 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
=152.76/996.457
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(152.76 / 1522.468)*(1522.468 / 2201.1035)*(2201.1035 / 996.457)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.03 %*0.6917*2.2089
=ROA %*Equity Multiplier
=6.94 %*2.2089
=15.33 %

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
=152.76/996.457
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (152.76 / 192.9) * (192.9 / 222.476) * (222.476 / 1522.468) * (1522.468 / 2201.1035) * (2201.1035 / 996.457)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7919 * 0.8671 * 14.61 % * 0.6917 * 2.2089
=15.33 %

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.


Golden Lime PCL ROE % Related Terms


Golden Lime PCL ROE % Historical Data

* Premium members only.

The historical data trend for Golden Lime 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.

Golden Lime PCL ROE % Chart

Golden Lime 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 8.29 13.30 5.34 6.13 -0.91

Golden Lime 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 11.63 7.63 -3.40 -19.96 15.33

BKK:SUTHA vs DOW: ROE % Comparison

For the Chemicals subindustry, Golden Lime 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.


Golden Lime PCL ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Golden Lime PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Golden Lime PCL's ROE % falls into.


BKK:SUTHA
65GF Score
Golden Lime PCL BKK:SUTHA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Lime PCL ROE % Calculation

Golden Lime 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 )
=-9.098/( (1011.934+977.362)/ 2 )
=-9.098/994.648
=-0.91 %

Golden Lime 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 )
=152.76/( (977.362+1015.552)/ 2 )
=152.76/996.457
=15.33 %

* 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 15.33% mean?
Golden Lime PCL (BKK:SUTHA) has a ROE % of 15.33% 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 Golden Lime PCL and its competitors. This is 57% above median its historical median of 9.79. According to the industry distribution chart, Golden Lime PCL ranks #1161 out of 1583 companies in the Chemicals industry, placing it in the top 73.3%.
Is Golden Lime PCL's ROE % too high?
Golden Lime PCL's current ROE % of 15.33% is 57% above median its 10-year median of 9.79. The Chemicals industry median ROE % is 5.24. Golden Lime PCL's value of 15.33% is 192.6% above this industry median. Based on the distribution chart, Golden Lime PCL ranks #1161 out of 1583 companies in the Chemicals industry, which is below the industry midpoint. Overall, Golden Lime PCL has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Lime PCL's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Golden Lime PCL ranks #1161 out of 1583 companies for ROE %. This places Golden Lime PCL in the lower half of its industry. The industry median ROE % is 5.24. Golden Lime PCL's value of 15.33% is 192.6% above this benchmark. While the company's 10-year median is 9.79 vs. the industry median of 5.24, Golden Lime 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 Chemicals company?
The median ROE % among Chemicals companies is 5.24, based on 1,583 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. Golden Lime PCL's current ROE % of 15.33% is 192.6% 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 Golden Lime PCL and its competitors. For the Chemicals industry, the median ROE % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Lime PCL's current ROE % is 15.33%, which is 57% above median its own 10-year median of 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Lime PCL stock overvalued right now?
Based on GuruFocus' analysis, Golden Lime PCL (BKK:SUTHA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.40, compared to a current price of ฿2.72 — trading 13.3% above its estimated fair value. The current ROE % is 15.33%, which is 57% above median its 10-year median of 9.79 and 192.6% above the Chemicals industry median of 5.24. Golden Lime PCL's overall GF Score™ is 65/100 with 6 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 Golden Lime PCL (BKK:SUTHA), the current ROE % is 15.33% 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 Golden Lime PCL (BKK:SUTHA) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Lime PCL stock appears to be overvalued. The current stock price of ฿2.72 is trading 13.3% above its estimated GF Value™ of ฿2.40. GuruFocus considers Golden Lime PCL to be Modestly Overvalued.

Key valuation signals for BKK:SUTHA:

  • ROE %: 15.33% (57% above median its 10-year median of 9.79)
  • GF Value™: ฿2.40 vs. price of ฿2.72 (13.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 192.6% above the Chemicals median (#1161 of 1583)

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


Golden Lime PCL Business Description

Address 89 Cosmo Office Park, Popular Road, 6th Floor, Unit H, Banmai, Pakkret, Nonthaburi, THA, 11120
Golden Lime PCL is a Thailand-based firm that is principally engaged in the manufacturing and distribution of chemical products and the supply, assembly, and installation of equipment. The company is organized into three business segments: The Limestone mining, and manufacture and distribution of industrial chemical products segment, from which the company generates its majority revenue; Engineering consulting services, and designs, supply, assembly, and installation of machinery and equipment segment; The marble mining, and production and distribution of marble products segment. Geographically, the company operates in Thailand and Foreign countries.
65GF Score

Get the complete analysis for BKK:SUTHA

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

฿2.72
Price
฿2.40
GF Value