Tipco Asphalt PCLBKK:TASCO-R 83 ROE % is 13.27% as of Mar. 2026, which is 11% below its 10-year median of 14.84. GuruFocus rates BKK:TASCO-R with a GF Score™ of 83/100 and a GF Value™ of ฿13.22. The stock has 6 warning signs investors should review. Among 405 Building Materials companies, Tipco Asphalt PCL ranks better than 64.2% on this metric.
The historical rank and industry rank for Tipco Asphalt PCL's ROE % or its related term are showing as below:
BKK:TASCO-R'
s ROE % Range Over the Past 10 Years
Min: 4.48 Med: 14.84 Max: 27.67
Current: 7.78
During the past 13 years, Tipco Asphalt PCL's highest ROE % was 27.67%. The lowest was 4.48%. And the median was 14.84%.
BKK:TASCO-R's ROE % is ranked better than 64.2% of 405
companies
in the Building Materials industry
Industry Median: 4.32
vs BKK:TASCO-R: 7.78
Tipco Asphalt PCL (BKK:TASCO-R) 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:
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.
Tipco Asphalt PCL ROE % Related Terms
Tipco Asphalt PCL ROE % Historical Data
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The historical data trend for Tipco Asphalt 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.
For the Building Materials subindustry, Tipco Asphalt 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.
Tipco Asphalt PCL ROE % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt 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.
Tipco Asphalt PCL (BKK:TASCO-R) has a ROE % of 13.27% 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 Tipco Asphalt PCL and its competitors. This is 11% below median its historical median of 14.84. Over the past decade, Tipco Asphalt PCL's ROE % has ranged from 4.48 to 27.67. According to the industry distribution chart, Tipco Asphalt PCL ranks #145 out of 405 companies in the Building Materials industry, placing it in the top 35.8%.
Is Tipco Asphalt PCL's ROE % too high?
Tipco Asphalt PCL's current ROE % of 13.27% is 11% below median its 10-year median of 14.84. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 27.67. The Building Materials industry median ROE % is 4.32. Tipco Asphalt PCL's value of 13.27% is 207.2% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #145 out of 405 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #145 out of 405 companies for ROE %. This puts Tipco Asphalt PCL in the upper half of its industry. The industry median ROE % is 4.32. Tipco Asphalt PCL's value of 13.27% is 207.2% above this benchmark. Historically, Tipco Asphalt PCL's own ROE % has ranged from 4.48 to 27.67 over the past decade. While the company's 10-year median is 14.84 vs. the industry median of 4.32, Tipco Asphalt 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 4.32, based on 405 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. Tipco Asphalt PCL's current ROE % of 13.27% is 207.2% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current ROE % is 13.27%, which is 11% below median its own 10-year median of 14.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current ROE % of 13.27%. The stock's GF Value™ is ฿13.22, compared to a current price of ฿13.09 — trading 1% below its estimated fair value. The current ROE % is 13.27%, which is 11% below median its 10-year median of 14.84 and 207.2% above the Building Materials industry median of 4.32. Tipco Asphalt PCL's overall GF Score™ is 83/100 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 Tipco Asphalt PCL (BKK:TASCO-R), the current ROE % is 13.27% 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued.
The current stock price of ฿13.09 is trading 1% below its estimated GF Value™ of ฿13.22.
Key valuation signals for BKK:TASCO-R:
ROE %: 13.27% (11% below median its 10-year median of 14.84)
GF Value™: ฿13.22 vs. price of ฿13.09 (1% below fair value)
Industry Position: 207.2% above the Building Materials median (#145 of 405)
No single metric tells the full story. See the BKK:TASCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
83GF Score
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