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Thai Agro Energy PCLBKK:TAE -1.19%43 ROE % is 29.12% as of Mar. 2026, which is 1124% above its 10-year median of 2.38. GuruFocus rates BKK:TAE with a GF Score™ of 43/100 and a GF Value™ of ฿0.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,584 Chemicals companies, Thai Agro Energy PCL ranks better than 59.41% 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 (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 Chemicals subindustry, Thai Agro Energy 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.
Thai Agro Energy PCL ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Thai Agro Energy PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Thai Agro Energy 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.
Thai Agro Energy PCL (BKK:TAE) has a ROE % of 29.12% 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 Thai Agro Energy PCL and its competitors. This is 1124% above median its historical median of 2.38. According to the industry distribution chart, Thai Agro Energy PCL ranks #643 out of 1584 companies in the Chemicals industry, placing it in the top 40.6%.
Is Thai Agro Energy PCL's ROE % too high?
Thai Agro Energy PCL's current ROE % of 29.12% is 1124% above median its 10-year median of 2.38. The Chemicals industry median ROE % is 5.38. Thai Agro Energy PCL's value of 29.12% is 441.8% above this industry median. Based on the distribution chart, Thai Agro Energy PCL ranks #643 out of 1584 companies in the Chemicals industry, which is above the industry midpoint. Overall, Thai Agro Energy PCL has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Agro Energy PCL's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Thai Agro Energy PCL ranks #643 out of 1584 companies for ROE %. This puts Thai Agro Energy PCL in the upper half of its industry. The industry median ROE % is 5.38. Thai Agro Energy PCL's value of 29.12% is 441.8% above this benchmark. While the company's 10-year median is 2.38 vs. the industry median of 5.38, Thai Agro Energy 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 5.38, based on 1,584 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. Thai Agro Energy PCL's current ROE % of 29.12% is 441.8% 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 Thai Agro Energy PCL and its competitors. For the Chemicals industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Agro Energy PCL's current ROE % is 29.12%, which is 1124% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Agro Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Agro Energy PCL (BKK:TAE) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.72, compared to a current price of ฿1.66 — trading 130.6% above its estimated fair value. The current ROE % is 29.12%, which is 1124% above median its 10-year median of 2.38 and 441.8% above the Chemicals industry median of 5.38. Thai Agro Energy PCL's overall GF Score™ is 43/100 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 Thai Agro Energy PCL (BKK:TAE), the current ROE % is 29.12% 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 Thai Agro Energy PCL (BKK:TAE) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Agro Energy PCL stock appears to be overvalued.
The current stock price of ฿1.66 is trading 130.6% above its estimated GF Value™ of ฿0.72.
GuruFocus considers Thai Agro Energy PCL to be Significantly Overvalued.
Key valuation signals for BKK:TAE:
ROE %: 29.12% (1124% above median its 10-year median of 2.38)
GF Value™: ฿0.72 vs. price of ฿1.66 (130.6% above fair value)
Industry Position: 441.8% above the Chemicals median (#643 of 1584)
No single metric tells the full story. See the BKK:TAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Agro Energy PCL is an ethanol producer. The company is engaged in the production and distribution of ethanol out of its Thailand-based plants located across multiple states. It sells ethanol to various oil companies as an additive for gasohol production while generating majority of its revenues from the Thailand market. The company has two reportable segments, which consist of ethanol segment and soil conditioner segment. It derives maximum revenue from Ethanol segment. Geographically, the company operates in Thailand, India, and China.
43GF Score
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